Details about Selva Demiralp

Access statistics for papers by Selva Demiralp.

Last updated 2024-09-06. Update your information in the RePEc Author Service.

Short-id: pde302

Working Papers

2021

1. How do exchange rates respond to political rhetoric by populist leaders?
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
2. Negative interest rates, excess liquidity and retail deposits: Banks’ reaction to unconventional monetary policy in the euro area
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (31)
   Also in Working Paper Series, European Central Bank (2019) View citations (39)
   See also Journal Article Negative interest rates, excess liquidity and retail deposits: Banks’ reaction to unconventional monetary policy in the euro area, European Economic Review, Elsevier (2021) View citations (27) (2021)
3. The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (26)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (22)
   CID Working Papers, Center for International Development at Harvard University (2021) View citations (25)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021) View citations (28)
4. The Role of Obedience and the Rule of Law during the Pandemic
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum

2020

5. A Dynamic Evaluation of Central Bank Credibility
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (3)
6. COVID-19 and Emerging Markets: A SIR Model, Demand Shocks and Capital Flows
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (12)
   See also Journal Article COVID-19 and emerging markets: A SIR model, demand shocks and capital flows, Journal of International Economics, Elsevier (2023) View citations (1) (2023)
7. COVID-19 and Emerging Markets: An Epidemiological Model with International Production Networks and Capital Flows
   IMF Working Papers, International Monetary Fund View citations (28)
8. COVID-19 and Emerging Markets: The Case of Turkey
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (1)

2018

9. How Do Indirect Taxes on Tobacco Products Affect Inflation?
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum

2017

10. Negative interest rates, excess liquidity and bank business models: Banks’ reaction to unconventional monetary policy in the euro area
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (53)

2016

11. Does Anyone Listen when Politicians Talk? The Effect of Political Commentaries on Policy Rate Decisions and Expectations
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Does anyone listen when politicians talk? The effect of political commentaries on policy rate decisions and expectations, Journal of International Money and Finance, Elsevier (2019) View citations (13) (2019)
12. Government Support of Banks and Bank Lending
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (2)
    See also Journal Article Government support of banks and bank lending, Journal of Banking & Finance, Elsevier (2020) View citations (7) (2020)
13. Reserve Requirements, Liquidity Risk, and Bank Lending Behavior
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (4)
    See also Journal Article Reserve Requirements, Liquidity Risk, and Bank Lending Behavior, Journal of Money, Credit and Banking, Blackwell Publishing (2018) View citations (13) (2018)

2015

14. The State of Property Development in Turkey: Facts and Comparisons
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum

2014

15. Reserve Requirements, Liquidity Risk and Credit Growth
    Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey View citations (15)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2014) View citations (13)
16. The Rational Islamic Actor? Evidence from Islamic Banking
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum

2013

17. Analyzing Federal Reserve asset purchases: from whom does the Fed buy?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
    See also Journal Article Analyzing Federal Reserve asset purchases: From whom does the Fed buy?, Journal of Banking & Finance, Elsevier (2015) View citations (60) (2015)
18. How did the Financial Crisis affect the Real Interest Rate Dynamics in Europe?
    Working Papers, Universitat Rovira i Virgili, Department of Economics
19. The effectiveness of the non-standard policy measures during the financial crises: the experiences of the Federal Reserve and the European Central Bank
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (4)
    Also in Working Paper Series, European Central Bank (2013) View citations (20)

2011

20. Monetary Policy Communication Under Inflation Targeting: Do Words Speak Louder Than Actions?
    Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey View citations (1)
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2011) View citations (2)
21. Volatility, Money Market Rates, and the Transmission of Monetary Policy
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (3)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2011) View citations (2)

2010

22. Empirical Identification of the Vector Autoregression: The Causes and Effects of U.S. M2
    Working Papers, Duke University, Department of Economics View citations (2)
23. Money, reserves, and the transmission of monetary policy: does the money multiplier exist?
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (4)
    See also Journal Article Money, reserves, and the transmission of monetary policy: Does the money multiplier exist?, Journal of Macroeconomics, Elsevier (2012) View citations (66) (2012)
24. Para Politikasi Beklentilerinin Sermaye Piyasalari Üzerindeki Etkisi
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (6)
    See also Journal Article Para politikası beklentilerinin sermaye piyasaları üzerindeki etkisi, Iktisat Isletme ve Finans, Bilgesel Yayincilik (2010) View citations (5) (2010)

2009

25. Asymmetric Response to Monetary Policy Surprises at the Long-End of the Yield Curve
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
    See also Journal Article Asymmetric response to monetary policy surprises at the long-end of the yield curve, Journal of Macroeconomics, Elsevier (2012) View citations (5) (2012)
26. Money and the Transmission of Monetary Policy
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (3)
27. Provision of Liquidity through the Primary Credit Facility during the Financial Crisis: A Structural Analysis
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (4)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (4)
    See also Journal Article Provision of liquidity through the primary credit facility during the financial crisis: a structural analysis, Economic Policy Review, Federal Reserve Bank of New York (2010) View citations (8) (2010)

2008

28. Monetary Policy Surprises and the Expectations Hypothesis at the Short End of the Yield Curve
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (5)
    See also Journal Article Monetary policy surprises and the expectations hypothesis at the short end of the yield curve, Economics Letters, Elsevier (2008) View citations (5) (2008)

2007

29. Discount Window Borrowing after 2003: The Explicit Reduction in Implicit Costs
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (8)
    See also Journal Article Discount window borrowing after 2003: The explicit reduction in implicit costs, Journal of Banking & Finance, Elsevier (2010) View citations (5) (2010)
30. Parasal Aktarım Mekanizmasında Para'nın Yeri: Türkiye için bir Analiz
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
    See also Journal Article Parasal aktarım mekanizmasında para’nın yeri: Türkiye için bir analiz, Iktisat Isletme ve Finans, Bilgesel Yayincilik (2008) View citations (2) (2008)

2006

31. A Bootstrap Method for Identifying and Evaluating a Structural Vector Autoregression
    Working Papers, University of California, Davis, Department of Economics View citations (1)
    See also Journal Article A Bootstrap Method for Identifying and Evaluating a Structural Vector Autoregression*, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2008) View citations (25) (2008)
32. Anticipation of Monetary Policy and Open Market Operations
    MPRA Paper, University Library of Munich, Germany View citations (20)
    See also Journal Article Anticipation of Monetary Policy and Open Market Operations, International Journal of Central Banking, International Journal of Central Banking (2006) View citations (19) (2006)

2004

33. Overnight interbank loan markets
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (17)
    See also Journal Article Overnight interbank loan markets, Journal of Economics and Business, Elsevier (2006) View citations (41) (2006)
34. The liquidity effect in the federal funds market: evidence from daily open market operations
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (5)
    See also Journal Article The Liquidity Effect in the Federal Funds Market: Evidence from Daily Open Market Operations, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (63) (2006)

2003

35. Declining required reserves, funds rate volatility, and open market operations
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (3)
    See also Journal Article Declining required reserves, funds rate volatility, and open market operations, Journal of Banking & Finance, Elsevier (2005) View citations (23) (2005)
36. Searching for the Causal Structure of a Vector Autoregression
    Working Papers, University of California, Davis, Department of Economics View citations (113)
    See also Journal Article Searching for the Causal Structure of a Vector Autoregression*, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2003) View citations (130) (2003)
37. The Announcement Effect: Evidence from Open Market Desk Data
    Working Papers, University of California, Davis, Department of Economics
    Also in Department of Economics, California Davis - Department of Economics View citations (4)
    See also Journal Article The announcement effect: evidence from open market desk data, Economic Policy Review, Federal Reserve Bank of New York (2002) View citations (35) (2002)
38. The Pavlovian Response of Term Rates to Fed Announcements
    Working Papers, University of California, Davis, Department of Economics View citations (1)
    Also in Department of Economics, California Davis - Department of Economics View citations (1)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2001) View citations (9)

2001

39. Monetary policy in a changing world: rising role of expectations and the anticipation effect
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (14)

Journal Articles

2023

1. COVID-19 and emerging markets: A SIR model, demand shocks and capital flows
   Journal of International Economics, 2023, 145, (C) View citations (1)
   See also Working Paper COVID-19 and Emerging Markets: A SIR Model, Demand Shocks and Capital Flows, CEPR Discussion Papers (2020) View citations (1) (2020)

2022

2. The Sectoral Costs of the Pandemic: What is the Role of Openness?
   Istanbul Journal of Economics-Istanbul Iktisat Dergisi, 2022, 72, (72-2), 431-451

2021

3. Negative interest rates, excess liquidity and retail deposits: Banks’ reaction to unconventional monetary policy in the euro area
   European Economic Review, 2021, 136, (C) View citations (27)
   See also Working Paper Negative interest rates, excess liquidity and retail deposits: Banks’ reaction to unconventional monetary policy in the euro area, Koç University-TUSIAD Economic Research Forum Working Papers (2021) View citations (31) (2021)

2020

4. Government support of banks and bank lending
   Journal of Banking & Finance, 2020, 112, (C) View citations (7)
   See also Working Paper Government Support of Banks and Bank Lending, Koç University-TUSIAD Economic Research Forum Working Papers (2016) View citations (2) (2016)
5. Has the Financial Crisis affected the Real Interest Rate Dynamics in Europe?
   Journal of Business Cycle Research, 2020, 16, (1), 1-18

2019

6. Does anyone listen when politicians talk? The effect of political commentaries on policy rate decisions and expectations
   Journal of International Money and Finance, 2019, 95, (C), 95-111 View citations (13)
   See also Working Paper Does Anyone Listen when Politicians Talk? The Effect of Political Commentaries on Policy Rate Decisions and Expectations, Finance and Economics Discussion Series (2016) (2016)

2018

7. Reserve Requirements, Liquidity Risk, and Bank Lending Behavior
   Journal of Money, Credit and Banking, 2018, 50, (4), 817-827 View citations (13)
   See also Working Paper Reserve Requirements, Liquidity Risk, and Bank Lending Behavior, Koç University-TUSIAD Economic Research Forum Working Papers (2016) View citations (4) (2016)

2016

8. Volatility in the federal funds market and money market spreads during the financial crisis
   Journal of Financial Stability, 2016, 25, (C), 225-233 View citations (4)

2015

9. Analyzing Federal Reserve asset purchases: From whom does the Fed buy?
   Journal of Banking & Finance, 2015, 52, (C), 230-244 View citations (60)
   See also Working Paper Analyzing Federal Reserve asset purchases: from whom does the Fed buy?, Finance and Economics Discussion Series (2013) View citations (3) (2013)

2014

10. Measuring stress in money markets: A dynamic factor approach
    Economics Letters, 2014, 125, (1), 101-106 View citations (4)
11. Still puzzling: evaluating the price puzzle in an empirically identified structural vector autoregression
    Empirical Economics, 2014, 46, (2), 701-731 View citations (16)
12. The effectiveness of non-standard monetary policy in addressing liquidity risk during the financial crisis: The experiences of the Federal Reserve and the European Central Bank
    Journal of Economic Dynamics and Control, 2014, 43, (C), 107-129 View citations (18)

2012

13. Asymmetric response to monetary policy surprises at the long-end of the yield curve
    Journal of Macroeconomics, 2012, 34, (2), 404-418 View citations (5)
    See also Working Paper Asymmetric Response to Monetary Policy Surprises at the Long-End of the Yield Curve, Koç University-TUSIAD Economic Research Forum Working Papers (2009) (2009)
14. Monetary policy communication in Turkey
    European Journal of Political Economy, 2012, 28, (4), 540-556 View citations (12)
15. Money, reserves, and the transmission of monetary policy: Does the money multiplier exist?
    Journal of Macroeconomics, 2012, 34, (1), 59-75 View citations (66)
    See also Working Paper Money, reserves, and the transmission of monetary policy: does the money multiplier exist?, Finance and Economics Discussion Series (2010) View citations (4) (2010)

2010

16. Discount window borrowing after 2003: The explicit reduction in implicit costs
    Journal of Banking & Finance, 2010, 34, (4), 825-833 View citations (5)
    See also Working Paper Discount Window Borrowing after 2003: The Explicit Reduction in Implicit Costs, Koç University-TUSIAD Economic Research Forum Working Papers (2007) View citations (8) (2007)
17. Para politikası beklentilerinin sermaye piyasaları üzerindeki etkisi
    Iktisat Isletme ve Finans, 2010, 25, (296), 9-31 View citations (5)
    See also Working Paper Para Politikasi Beklentilerinin Sermaye Piyasalari Üzerindeki Etkisi, Koç University-TUSIAD Economic Research Forum Working Papers (2010) View citations (6) (2010)
18. Provision of liquidity through the primary credit facility during the financial crisis: a structural analysis
    Economic Policy Review, 2010, 16, (Aug), 43-53 View citations (8)
    See also Working Paper Provision of Liquidity through the Primary Credit Facility during the Financial Crisis: A Structural Analysis, Koç University-TUSIAD Economic Research Forum Working Papers (2009) View citations (4) (2009)

2008

19. A Bootstrap Method for Identifying and Evaluating a Structural Vector Autoregression*
    Oxford Bulletin of Economics and Statistics, 2008, 70, (4), 509-533 View citations (25)
    See also Working Paper A Bootstrap Method for Identifying and Evaluating a Structural Vector Autoregression, Working Papers (2006) View citations (1) (2006)
20. Monetary policy surprises and the expectations hypothesis at the short end of the yield curve
    Economics Letters, 2008, 101, (1), 1-3 View citations (5)
    See also Working Paper Monetary Policy Surprises and the Expectations Hypothesis at the Short End of the Yield Curve, Koç University-TUSIAD Economic Research Forum Working Papers (2008) View citations (5) (2008)
21. Parasal aktarım mekanizmasında para’nın yeri: Türkiye için bir analiz
    Iktisat Isletme ve Finans, 2008, 23, (264), 5-20 View citations (2)
    See also Working Paper Parasal Aktarım Mekanizmasında Para'nın Yeri: Türkiye için bir Analiz, Koç University-TUSIAD Economic Research Forum Working Papers (2007) (2007)
22. The Liquidity Effect in the Federal Funds Market: Evidence at the Monthly Frequency
    Journal of Money, Credit and Banking, 2008, 40, (1), 1-24 View citations (6)
    Also in Journal of Money, Credit and Banking, 2008, 40, (1), 1-24 (2008) View citations (40)

2006

23. Anticipation of Monetary Policy and Open Market Operations
    International Journal of Central Banking, 2006, 2, (2) View citations (19)
    See also Working Paper Anticipation of Monetary Policy and Open Market Operations, MPRA Paper (2006) View citations (20) (2006)
24. Overnight interbank loan markets
    Journal of Economics and Business, 2006, 58, (1), 67-83 View citations (41)
    See also Working Paper Overnight interbank loan markets, Finance and Economics Discussion Series (2004) View citations (17) (2004)
25. The Liquidity Effect in the Federal Funds Market: Evidence from Daily Open Market Operations
    Journal of Money, Credit and Banking, 2006, 38, (4), 901-920 View citations (63)
    See also Working Paper The liquidity effect in the federal funds market: evidence from daily open market operations, Finance and Economics Discussion Series (2004) View citations (5) (2004)

2005

26. Declining required reserves, funds rate volatility, and open market operations
    Journal of Banking & Finance, 2005, 29, (5), 1131-1152 View citations (23)
    See also Working Paper Declining required reserves, funds rate volatility, and open market operations, Finance and Economics Discussion Series (2003) View citations (3) (2003)

2004

27. The Response of Term Rates to Fed Announcements
    Journal of Money, Credit and Banking, 2004, 36, (3), 387-405 View citations (62)

2003

28. Searching for the Causal Structure of a Vector Autoregression*
    Oxford Bulletin of Economics and Statistics, 2003, 65, (s1), 745-767 View citations (130)
    See also Working Paper Searching for the Causal Structure of a Vector Autoregression, Working Papers (2003) View citations (113) (2003)

2002

29. The announcement effect: evidence from open market desk data
    Economic Policy Review, 2002, 8, (May), 29-48 View citations (35)
    See also Working Paper The Announcement Effect: Evidence from Open Market Desk Data, Working Papers (2003) (2003)