Details about Hakan Yilmazkuday

Access statistics for papers by Hakan Yilmazkuday.

Last updated 2024-12-21. Update your information in the RePEc Author Service.

Short-id: pyi32

Working Papers

2024

1. A Political Economy Analysis of Changes and Continuities in Iran-Africa Trade Relations: A Case of South-South Dependency?
   Working Papers, Florida International University, Department of Economics
   See also Journal Article A political economy analysis of changes and continuities in Iran–Africa trade relations: a case of South–South dependency?, Review of Social Economy, Taylor & Francis Journals (2025) (2025)
2. Geopolitical Risk and Stock Prices
   Working Papers, Florida International University, Department of Economics View citations (3)
   See also Journal Article Geopolitical risk and stock prices, European Journal of Political Economy, Elsevier (2024) View citations (3) (2024)
3. Geopolitical Risk, Supply Chains, and Global Inflation
   Working Papers, Florida International University, Department of Economics View citations (3)
   See also Journal Article Geopolitical risk, supply chains, and global inflation, The World Economy, Wiley Blackwell (2024) (2024)
4. Geopolitical Risks and Energy Uncertainty: Implications for Global and Domestic Energy Prices
   Working Papers, Florida International University, Department of Economics View citations (1)
   See also Journal Article Geopolitical risks and energy uncertainty: Implications for global and domestic energy prices, Energy Economics, Elsevier (2024) View citations (1) (2024)
5. Pass-Through of Shocks into Different U.S. Prices
   Working Papers, Florida International University, Department of Economics
   See also Journal Article Pass‐through of shocks into different U.S. prices, Review of International Economics, Wiley Blackwell (2024) (2024)
6. Welfare Costs of Shopping Trips
   Working Papers, Florida International University, Department of Economics
   See also Journal Article Welfare costs of shopping trips, The Annals of Regional Science, Springer (2024) (2024)

2023

7. Diminishing Gains from Trade across Countries: Interaction between Trade Elasticity and Openness
   Working Papers, Florida International University, Department of Economics
   See also Journal Article Diminishing gains from trade across countries: Interaction between trade elasticity and openness, Journal of International Money and Finance, Elsevier (2024) (2024)
8. Energy Price Shocks and Current Account Balances: Evidence from Emerging Market and Developing Economies
   Working Papers, Florida International University, Department of Economics
   Also in Policy Research Working Paper Series, The World Bank (2023)
   See also Journal Article Energy price shocks and current account balances: Evidence from emerging market and developing economies, Energy Economics, Elsevier (2024) View citations (2) (2024)
9. Understanding the Global Drivers of Inflation: How Important Are Oil Prices ?
   Policy Research Working Paper Series, The World Bank View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
   Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2023) View citations (8)
   Working Papers, Florida International University, Department of Economics (2023) View citations (10)
10. Understanding the Global Drivers of Inflation:How Important are Oil Prices? 
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (1)
11. What Explains Global Inflation
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2023)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)
    MPRA Paper, University Library of Munich, Germany (2023)

2022

12. COVID-19 and Exchange Rates: Spillover Effects of U.S. Monetary Policy
    Working Papers, Florida International University, Department of Economics
    See also Journal Article COVID-19 and Exchange Rates: Spillover Effects of U.S. Monetary Policy, Atlantic Economic Journal, Springer (2022) (2022)
13. Coronavirus Disease 2019 and the Global Economy
    Working Papers, Florida International University, Department of Economics View citations (4)
    See also Journal Article Coronavirus disease 2019 and the global economy, Transport Policy, Elsevier (2022) View citations (4) (2022)
14. Drivers of Inflation Convergence across Countries: The Role of Standard Gravity Variables
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Drivers of inflation convergence across countries: the role of standard gravity variables, Macroeconomic Dynamics, Cambridge University Press (2023) (2023)
15. Drivers of Turkish Inflation
    Working Papers, Florida International University, Department of Economics View citations (8)
    See also Journal Article Drivers of Turkish inflation, The Quarterly Review of Economics and Finance, Elsevier (2022) View citations (8) (2022)
16. Gravity Channels in Trade
    Working Papers, Florida International University, Department of Economics
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2017) View citations (2)
    See also Journal Article Gravity channels in trade, The Journal of International Trade & Economic Development, Taylor & Francis Journals (2023) View citations (1) (2023)
17. Inflation Convergence over Time: Sector-Level Evidence within Europe
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Inflation convergence over time: Sector‐level evidence within Europe, International Finance, Wiley Blackwell (2022) (2022)
18. Nonlinear Effects of Mobility on COVID-19 in the U.S.: Targeted Lockdowns Based on Income and Poverty
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Nonlinear effects of mobility on COVID-19 in the US: targeted lockdowns based on income and poverty, Journal of Economic Studies, Emerald Group Publishing Limited (2022) (2022)
19. Protectionism, Competitiveness and Inequality: Cross-Country Evidence from Soccer
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Protectionism, Competitiveness and Inequality: Cross-Country Evidence from Soccer, International Economic Journal, Taylor & Francis Journals (2022) View citations (1) (2022)

2021

20. Accounting for Trade Deficits
    Working Papers, Florida International University, Department of Economics View citations (2)
    See also Journal Article Accounting for trade deficits, Journal of International Money and Finance, Elsevier (2021) View citations (2) (2021)
21. COVID-19 Effects on the S&P 500 Index
    Working Papers, Florida International University, Department of Economics View citations (7)
    See also Journal Article COVID-19 effects on the S&P 500 index, Applied Economics Letters, Taylor & Francis Journals (2023) View citations (6) (2023)
22. COVID-19 and Daily Oil Price Pass-Through
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article COVID-19 and Daily Oil Price Pass-Through, Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association (2021) View citations (1) (2021)
23. COVID-19 and Monetary Policy with Zero Bounds: A Cross-Country Investigation
    Working Papers, Florida International University, Department of Economics View citations (5)
    See also Journal Article COVID-19 and Monetary policy with zero bounds: A cross-country investigation, Finance Research Letters, Elsevier (2022) View citations (7) (2022)
24. Drivers of Global Trade: A Product-Level Investigation
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Drivers of Global Trade: A Product-Level Investigation, International Economic Journal, Taylor & Francis Journals (2021) View citations (2) (2021)
25. Field Distance and Quality in Economists’ Collaborations
    Working Papers in Economics & Finance, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group
26. Gains from Trade: Does Sectoral Heterogeneity Matter?
    Working Papers, Florida International University, Department of Economics View citations (11)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2018) View citations (15)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (9)
    See also Journal Article Gains from trade: Does sectoral heterogeneity matter?, Journal of International Economics, Elsevier (2021) View citations (10) (2021)
27. Inflation and Growth: The Role of Institutions
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Inflation and growth: the role of institutions, Journal of Economics and Finance, Springer (2022) View citations (4) (2022)
28. Oil Price Pass-Through into Consumer Prices: Evidence from U.S. Weekly Data
    Working Papers, Florida International University, Department of Economics View citations (6)
    See also Journal Article Oil price pass-through into consumer prices: Evidence from U.S. weekly data, Journal of International Money and Finance, Elsevier (2021) View citations (6) (2021)
29. Profit Margins in U.S. Domestic Airline Routes
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Profit margins in U.S. domestic airline routes, Transport Policy, Elsevier (2021) View citations (1) (2021)
30. Specialization, Field Distance, and Quality in Economists' Collaborations
    Working Papers, Florida International University, Department of Economics View citations (2)
    See also Journal Article Specialization, field distance, and quality in economists’ collaborations, Journal of Informetrics, Elsevier (2021) View citations (2) (2021)
31. Unequal Unemployment Effects of COVID-19 and Monetary Policy across U.S. States
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Unequal unemployment effects of COVID-19 and monetary policy across U.S. States, Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE) (2020) View citations (5) (2020)
32. Unequal Welfare Costs of Staying at Home across Socioeconomic and Demographic Groups
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Unequal welfare costs of staying at home across socioeconomic and demographic groups, International Journal of Urban Sciences, Taylor & Francis Journals (2021) (2021)
33. Welfare Costs of COVID-19: Evidence from U.S. Counties
    Working Papers, Florida International University, Department of Economics View citations (4)
    See also Journal Article Welfare costs of COVID‐19: Evidence from US counties, Journal of Regional Science, Wiley Blackwell (2021) View citations (2) (2021)
34. Welfare Costs of Travel Reductions within the U.S. due to COVID-19
    Working Papers, Florida International University, Department of Economics
35. Welfare Implications of Solving the Distance Puzzle: Global Evidence from the Last Two Centuries
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Welfare implications of solving the distance puzzle: global evidence from the last two centuries, The Journal of International Trade & Economic Development, Taylor & Francis Journals (2021) View citations (2) (2021)

2020

36. COVID-19 Spread and Inter-County Travel: Daily Evidence from the U.S
    Working Papers, Florida International University, Department of Economics View citations (10)
37. COVID-19 and Unequal Social Distancing across Demographic Groups
    Working Papers, Florida International University, Department of Economics View citations (6)
    See also Journal Article COVID‐19 and unequal social distancing across demographic groups, Regional Science Policy & Practice, Wiley Blackwell (2020) View citations (5) (2020)
38. Decomposing the Gains from Trade through the Standard Gravity Variables
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Decomposing the Gains From Trade Through the Standard Gravity Variables, International Economic Journal, Taylor & Francis Journals (2021) View citations (2) (2021)
39. Gains from Domestic versus International Trade: Evidence from the U.S
    Working Papers, Florida International University, Department of Economics View citations (4)
    See also Journal Article Gains from domestic versus international trade: Evidence from the US, The Journal of International Trade & Economic Development, Taylor & Francis Journals (2020) View citations (5) (2020)
40. Government Consumption, Government Debt and Economic Growth
    Working Papers, Florida International University, Department of Economics View citations (3)
    See also Journal Article Government consumption, government debt and economic growth, Review of Development Economics, Wiley Blackwell (2020) View citations (4) (2020)
41. Inflation and Exchange Rate Pass-Through
    Working Papers, Florida International University, Department of Economics View citations (38)
    Also in Policy Research Working Paper Series, The World Bank (2019) View citations (13)
    See also Journal Article Inflation and exchange rate pass-through, Journal of International Money and Finance, Elsevier (2020) View citations (52) (2020)
42. Stay-at-Home Works to Fight Against COVID-19: International Evidence from Google Mobility Data
    Working Papers, Florida International University, Department of Economics View citations (10)
43. The Impact of China's Fiscal and Monetary Policy Responses to the Great Recession: An Analysis of Firm-Level Chinese Data
    Working Papers, Florida International University, Department of Economics View citations (6)
    See also Journal Article The impact of China’s fiscal and monetary policy responses to the great recession: An analysis of firm-level Chinese data, Journal of International Money and Finance, Elsevier (2020) View citations (7) (2020)
44. Unequal Exchange Rate Pass-Through across Income Groups
    Working Papers, Florida International University, Department of Economics View citations (2)
    See also Journal Article UNEQUAL EXCHANGE RATE PASS-THROUGH ACROSS INCOME GROUPS, Macroeconomic Dynamics, Cambridge University Press (2022) (2022)
45. Welfare Costs of Bilateral Currency Crises: The Role of International Trade
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Welfare costs of bilateral currency crises: The role of international trade, International Finance, Wiley Blackwell (2021) View citations (1) (2021)

2019

46. Early 20th Century American Exceptionalism: Production, Trade and Diffusion of the Automobile
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2019) View citations (1)
    See also Journal Article Early 20th century American exceptionalism: Production, trade and diffusion of the automobile, Journal of International Economics, Elsevier (2025) (2025)
47. Estimating the Trade Elasticity over Time
    Working Papers, Florida International University, Department of Economics View citations (12)
    See also Journal Article Estimating the trade elasticity over time, Economics Letters, Elsevier (2019) View citations (11) (2019)
48. The Great Trade Collapse: An Evaluation of Competing Stories
    Working Papers, Florida International University, Department of Economics
    See also Journal Article THE GREAT TRADE COLLAPSE: AN EVALUATION OF COMPETING STORIES, Macroeconomic Dynamics, Cambridge University Press (2021) View citations (4) (2021)

2018

49. Daily Exchange Rate Pass-through into Micro Prices
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Daily exchange rate pass-through into micro prices, Applied Economics Letters, Taylor & Francis Journals (2019) View citations (3) (2019)
50. Redistributive Effects of Gasoline Prices
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Redistributive Effects of Gasoline Prices, Networks and Spatial Economics, Springer (2019) View citations (3) (2019)
51. Spatial Dispersion of Retail Margins: Evidence from Turkish Agricultural Prices
    Working Papers, Florida International University, Department of Economics View citations (3)
    See also Journal Article Spatial dispersion of retail margins: evidence from Turkish agricultural prices, Agricultural Economics, International Association of Agricultural Economists (2018) View citations (3) (2018)
52. Understanding the International Elasticity Puzzle
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Understanding the international elasticity puzzle, Journal of Macroeconomics, Elsevier (2019) View citations (4) (2019)

2017

53. Anti-Crime Laws and Retail Prices
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Anti-Crime Laws and Retail Prices, Review of Law & Economics, De Gruyter (2017) (2017)
54. Asymmetric Incidence of Sales Taxes: A Short-Run Investigation of Gasoline Prices
    Working Papers, Florida International University, Department of Economics View citations (2)
    See also Journal Article Asymmetric incidence of sales taxes: A short-run investigation of gasoline prices, Journal of Economics and Business, Elsevier (2017) View citations (3) (2017)
55. Domestic vs. International Welfare Gains from Trade
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas
56. Geographical Dispersion of Consumer Search Behavior
    Working Papers, Florida International University, Department of Economics View citations (3)
    See also Journal Article Geographical dispersion of consumer search behaviour, Applied Economics, Taylor & Francis Journals (2017) View citations (3) (2017)
57. Unifying Macro Elasticities in International Economics
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (2)

2016

58. A Solution to the Missing Globalization Puzzle by Non-CES Preferences
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article A Solution to the Missing Globalization Puzzle by Non-CES Preferences, Review of International Economics, Wiley Blackwell (2017) View citations (9) (2017)
59. Constant versus Variable Markups: Implications for the Law of One Price
    Working Papers, Florida International University, Department of Economics View citations (21)
    See also Journal Article Constant versus variable markups: Implications for the law of one price, International Review of Economics & Finance, Elsevier (2016) View citations (19) (2016)
60. Financial Health and the Intensive Margin of Trade
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Financial Health and the Intensive Margin of Trade, Emerging Markets Finance and Trade, Taylor & Francis Journals (2018) View citations (2) (2018)
61. Forecasting the Great Trade Collapse
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Forecasting the Great Trade Collapse, International Economics, CEPII research center (2016) (2016)
62. The Role of Direct Flights in Trade Costs
    Working Papers, Florida International University, Department of Economics View citations (3)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) View citations (5)
    See also Journal Article The role of direct flights in trade costs, Review of World Economics (Weltwirtschaftliches Archiv), Springer (2017) View citations (8) (2017)
63. Trade Partner Diversification and Growth: How Trade Links Matter
    Working Papers, Florida International University, Department of Economics View citations (8)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014)
    See also Journal Article Trade partner diversification and growth: How trade links matter, Journal of Macroeconomics, Elsevier (2016) View citations (10) (2016)
64. Understanding Gasoline Price Dispersion
    Working Papers, Florida International University, Department of Economics View citations (13)
    See also Journal Article Understanding gasoline price dispersion, The Annals of Regional Science, Springer (2016) View citations (14) (2016)

2015

65. High versus Low Inflation: Implications for Price-Level Convergence
    Working Papers, Florida International University, Department of Economics
    Also in Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum (2014) View citations (2)
    See also Journal Article High versus low inflation: implications for price-level convergence, Empirical Economics, Springer (2016) View citations (4) (2016)
66. Individual Tax Rates and Regional Tax Revenues: A Cross-State Analysis
    Working Papers, Florida International University, Department of Economics View citations (1)
    See also Journal Article Individual tax rates and regional tax revenues: a cross-state analysis, Regional Studies, Taylor & Francis Journals (2017) View citations (1) (2017)
67. Pass-through of Trade Costs to U.S. Import Prices
    Working Papers, Florida International University, Department of Economics View citations (11)
    See also Journal Article Pass-through of trade costs to U.S. import prices, Review of World Economics (Weltwirtschaftliches Archiv), Springer (2015) View citations (10) (2015)
68. Relative Price Variability and Inflation: New evidence
    Working Papers, Florida International University, Department of Economics View citations (4)
    See also Journal Article Relative price variability and inflation: New evidence, Journal of Macroeconomics, Elsevier (2016) View citations (4) (2016)

2014

69. Bilateral versus Multilateral Free Trade Agreements: A Welfare Analysis
    Working Papers, Florida International University, Department of Economics View citations (9)
    See also Journal Article Bilateral versus Multilateral Free Trade Agreements: A Welfare Analysis, Review of International Economics, Wiley Blackwell (2014) View citations (10) (2014)
70. Gasoline Prices, Transport Costs, and the U.S. Business Cycles
    Working Papers, Florida International University, Department of Economics View citations (2)
    See also Journal Article Gasoline prices, transport costs, and the U.S. business cycles, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (4) (2014)
71. Importer-Specific Elasticities of Demand: Evidence from U.S. Exports
    Working Papers, Florida International University, Department of Economics
    See also Journal Article Importer-specific elasticities of demand: Evidence from U.S. exports, International Review of Economics & Finance, Elsevier (2015) View citations (3) (2015)
72. Mismeasurement of Distance Effects: The Role of Internal Location of Production
    Working Papers, Florida International University, Department of Economics View citations (5)
    See also Journal Article Mismeasurement of Distance Effects: The Role of Internal Location of Production, Review of International Economics, Wiley Blackwell (2014) View citations (8) (2014)
73. Price Dispersion across U.S. Districts of Entry
    Working Papers, Florida International University, Department of Economics View citations (5)
    See also Journal Article Price dispersion across US districts of entry, Economics Letters, Elsevier (2014) View citations (8) (2014)
74. Trade and Cities
    Working Papers, Florida International University, Department of Economics View citations (6)
    Also in Policy Research Working Paper Series, The World Bank (2014) View citations (4)
    See also Journal Article Trade and Cities, The World Bank Economic Review, World Bank (2015) View citations (5) (2015)
75. Understanding Long-run Price Dispersion
    Working Papers, Florida International University, Department of Economics View citations (36)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (10)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (10)
    See also Journal Article Understanding long-run price dispersion, Journal of Monetary Economics, Elsevier (2014) View citations (38) (2014)

2011

76. Intranational Trade and Regional Tax Rates: A Welfare Analysis on the U.S. Economy
    Working Papers, Florida International University, Department of Economics
77. Oil Shocks through International Transport Costs: Evidence from U.S. Business Cycles
    Working Papers, Florida International University, Department of Economics View citations (1)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2011) View citations (1)
78. Understanding Interstate Trade Patterns
    Working Papers, Florida International University, Department of Economics View citations (5)
    Also in MPRA Paper, University Library of Munich, Germany (2009) View citations (2)
    See also Journal Article Understanding interstate trade patterns, Journal of International Economics, Elsevier (2012) View citations (43) (2012)

2010

79. Agglomeration and Trade: State-Level Evidence from U.S. Industries
    DETU Working Papers, Department of Economics, Temple University
    See also Journal Article AGGLOMERATION AND TRADE: STATE‐LEVEL EVIDENCE FROM U.S. INDUSTRIES, Journal of Regional Science, Wiley Blackwell (2011) View citations (9) (2011)
80. Monetary Policy and Credit Cards: Evidence from a Small-Open Economy
    DETU Working Papers, Department of Economics, Temple University
    See also Journal Article Monetary policy and credit cards: Evidence from a small open economy, Economic Modelling, Elsevier (2011) View citations (3) (2011)
81. Price-Level Convergence: New Evidence from U.S. Cities
    DETU Working Papers, Department of Economics, Temple University View citations (1)
    See also Journal Article Price-level convergence: New evidence from U.S. cities, Economics Letters, Elsevier (2011) View citations (35) (2011)

2009

82. A Model of International Cities: Implications for Real Exchange Rates
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009) View citations (18)
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2009) View citations (14)
83. Distribution of Consumption, Production and Trade within the U.S
    MPRA Paper, University Library of Munich, Germany
84. How Important is Technology? A Counterfactual Analysis
    MPRA Paper, University Library of Munich, Germany View citations (2)
85. Inflation Targeting and Inflation Convergence within Turkey
    MPRA Paper, University Library of Munich, Germany View citations (6)
86. Inflation, Finance, and Growth: A Trilateral Analysis
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics View citations (4)
87. Is the Armington Elasticity Really Constant across Importers?
    MPRA Paper, University Library of Munich, Germany
88. Is there a Role for International Trade Costs in Explaining the Central Bank Behavior?
    MPRA Paper, University Library of Munich, Germany View citations (6)

2001

89. Monetary Policy Rules in Practice: Evidence from Turkey and Israel
    Middle East and North Africa, EcoMod View citations (2)
    See also Journal Article Monetary policy rules in practice: evidence from Turkey and Israel, Applied Financial Economics, Taylor & Francis Journals (2007) View citations (32) (2007)

Journal Articles

2025

1. A political economy analysis of changes and continuities in Iran–Africa trade relations: a case of South–South dependency?
   Review of Social Economy, 2025, 83, (1), 106-143
   See also Working Paper A Political Economy Analysis of Changes and Continuities in Iran-Africa Trade Relations: A Case of South-South Dependency?, Working Papers (2024) (2024)
2. Early 20th century American exceptionalism: Production, trade and diffusion of the automobile
   Journal of International Economics, 2025, 153, (C)
   See also Working Paper Early 20th Century American Exceptionalism: Production, Trade and Diffusion of the Automobile, NBER Working Papers (2019) View citations (1) (2019)
3. Geopolitical risks and cryptocurrency returns
   Review of Financial Economics, 2025, 43, (2), 166-191
4. Geopolitical risks and exchange rates
   Finance Research Letters, 2025, 74, (C)
5. Welfare costs of urban traffic through retail prices
   Transport Policy, 2025, 162, (C), 396-405

2024

6. Diminishing gains from trade across countries: Interaction between trade elasticity and openness
   Journal of International Money and Finance, 2024, 141, (C)
   See also Working Paper Diminishing Gains from Trade across Countries: Interaction between Trade Elasticity and Openness, Working Papers (2023) (2023)
7. Drivers of international fiscal spillovers
   Economics and Politics, 2024, 36, (3), 1491-1536
8. Energy price shocks and current account balances: Evidence from emerging market and developing economies
   Energy Economics, 2024, 129, (C) View citations (2)
   See also Working Paper Energy Price Shocks and Current Account Balances: Evidence from Emerging Market and Developing Economies, Working Papers (2023) (2023)
9. Geopolitical risk and stock prices
   European Journal of Political Economy, 2024, 83, (C) View citations (3)
   See also Working Paper Geopolitical Risk and Stock Prices, Working Papers (2024) View citations (3) (2024)
10. Geopolitical risk, supply chains, and global inflation
    The World Economy, 2024, 47, (8), 3450-3486
    See also Working Paper Geopolitical Risk, Supply Chains, and Global Inflation, Working Papers (2024) View citations (3) (2024)
11. Geopolitical risks and energy uncertainty: Implications for global and domestic energy prices
    Energy Economics, 2024, 140, (C) View citations (1)
    See also Working Paper Geopolitical Risks and Energy Uncertainty: Implications for Global and Domestic Energy Prices, Working Papers (2024) View citations (1) (2024)
12. Pass‐through of shocks into different U.S. prices
    Review of International Economics, 2024, 32, (3), 1300-1315
    See also Working Paper Pass-Through of Shocks into Different U.S. Prices, Working Papers (2024) (2024)
13. Uneven effects of monetary policy: Sectoral disparities in credit card spending
    Central Bank Review, 2024, 24, (4)
14. Welfare costs of shopping trips
    The Annals of Regional Science, 2024, 73, (1), 241-264
    See also Working Paper Welfare Costs of Shopping Trips, Working Papers (2024) (2024)

2023

15. COVID-19 and housing prices: evidence from U.S. county-level data
    Review of Regional Research: Jahrbuch für Regionalwissenschaft, 2023, 43, (2), 241-263
16. COVID-19 effects on the S&P 500 index
    Applied Economics Letters, 2023, 30, (1), 7-13 View citations (6)
    See also Working Paper COVID-19 Effects on the S&P 500 Index, Working Papers (2021) View citations (7) (2021)
17. Drivers of inflation convergence across countries: the role of standard gravity variables
    Macroeconomic Dynamics, 2023, 27, (6), 1664-1686
    See also Working Paper Drivers of Inflation Convergence across Countries: The Role of Standard Gravity Variables, Working Papers (2022) (2022)
18. Gravity channels in trade
    The Journal of International Trade & Economic Development, 2023, 32, (1), 37-65 View citations (1)
    See also Working Paper Gravity Channels in Trade, Working Papers (2022) (2022)
19. Understanding the global drivers of inflation: How important are oil prices?11We would like to thank Xuguang Simon Sheng, Guest Editor, and two anonymous reviewers for their detailed feedback. We also thank Zidong An, Carlos Arteta, Menzie Chinn, Kevin Clinton, Zolt Darvas, Alistair Dieppe, Laurent Ferrara, Graham Hacche, David Hendry, Gene Kindberg-Hanlon, Wee Chian Koh, Catherine Kyrtsou, David Papell, Xuguang Simon Sheng, Koji Takahashi, Christopher Towe, Kozo Ueda, Lei Sandy Ye, Kamil Yilmaz, and several seminar and conference participants for their helpful comments on earlier versions of this paper. Heqing Zhao provided excellent research assistance. We gratefully acknowledge support from World Bank PHRD and KCP Funds. The findings, interpretations and conclusions expressed in this paper are those of the authors and should not be attributed to the World Bank, its Executive Directors, or the countries they represent
    Energy Economics, 2023, 127, (PA)
20. Unequal Welfare Gains From Trade Across Countries: The Role of Aggregation and Income Elasticities
    International Economic Journal, 2023, 37, (2), 137-176 View citations (2)

2022

21. COVID-19 and Exchange Rates: Spillover Effects of U.S. Monetary Policy
    Atlantic Economic Journal, 2022, 50, (1), 67-84
    See also Working Paper COVID-19 and Exchange Rates: Spillover Effects of U.S. Monetary Policy, Working Papers (2022) (2022)
22. COVID-19 and Monetary policy with zero bounds: A cross-country investigation
    Finance Research Letters, 2022, 44, (C) View citations (7)
    See also Working Paper COVID-19 and Monetary Policy with Zero Bounds: A Cross-Country Investigation, Working Papers (2021) View citations (5) (2021)
23. Coronavirus disease 2019 and the global economy
    Transport Policy, 2022, 120, (C), 40-46 View citations (4)
    See also Working Paper Coronavirus Disease 2019 and the Global Economy, Working Papers (2022) View citations (4) (2022)
24. Drivers of Turkish inflation
    The Quarterly Review of Economics and Finance, 2022, 84, (C), 315-323 View citations (8)
    See also Working Paper Drivers of Turkish Inflation, Working Papers (2022) View citations (8) (2022)
25. Inflation and growth: the role of institutions
    Journal of Economics and Finance, 2022, 46, (1), 167-187 View citations (4)
    See also Working Paper Inflation and Growth: The Role of Institutions, Working Papers (2021) (2021)
26. Inflation convergence over time: Sector‐level evidence within Europe
    International Finance, 2022, 25, (2), 183-217
    See also Working Paper Inflation Convergence over Time: Sector-Level Evidence within Europe, Working Papers (2022) (2022)
27. Nonlinear effects of mobility on COVID-19 in the US: targeted lockdowns based on income and poverty
    Journal of Economic Studies, 2022, 50, (1), 18-36
    See also Working Paper Nonlinear Effects of Mobility on COVID-19 in the U.S.: Targeted Lockdowns Based on Income and Poverty, Working Papers (2022) View citations (1) (2022)
28. Protectionism, Competitiveness and Inequality: Cross-Country Evidence from Soccer
    International Economic Journal, 2022, 36, (2), 171-192 View citations (1)
    See also Working Paper Protectionism, Competitiveness and Inequality: Cross-Country Evidence from Soccer, Working Papers (2022) View citations (1) (2022)
29. UNEQUAL EXCHANGE RATE PASS-THROUGH ACROSS INCOME GROUPS
    Macroeconomic Dynamics, 2022, 26, (3), 682-725
    See also Working Paper Unequal Exchange Rate Pass-Through across Income Groups, Working Papers (2020) View citations (2) (2020)

2021

30. Accounting for trade deficits
    Journal of International Money and Finance, 2021, 115, (C) View citations (2)
    See also Working Paper Accounting for Trade Deficits, Working Papers (2021) View citations (2) (2021)
31. COVID-19 and Daily Oil Price Pass-Through
    Energy RESEARCH LETTERS, 2021, 2, (1), 1-6 View citations (1)
    See also Working Paper COVID-19 and Daily Oil Price Pass-Through, Working Papers (2021) View citations (1) (2021)
32. Changes in Consumption in the Early COVID-19 Era: Zip-Code Level Evidence from the U.S
    JRFM, 2021, 14, (10), 1-10
33. Decomposing the Gains From Trade Through the Standard Gravity Variables
    International Economic Journal, 2021, 35, (1), 13-45 View citations (2)
    See also Working Paper Decomposing the Gains from Trade through the Standard Gravity Variables, Working Papers (2020) (2020)
34. Drivers of Global Trade: A Product-Level Investigation
    International Economic Journal, 2021, 35, (4), 469-485 View citations (2)
    See also Working Paper Drivers of Global Trade: A Product-Level Investigation, Working Papers (2021) View citations (1) (2021)
35. Gains from trade: Does sectoral heterogeneity matter?
    Journal of International Economics, 2021, 129, (C) View citations (10)
    See also Working Paper Gains from Trade: Does Sectoral Heterogeneity Matter?, Working Papers (2021) View citations (11) (2021)
36. Oil price pass-through into consumer prices: Evidence from U.S. weekly data
    Journal of International Money and Finance, 2021, 119, (C) View citations (6)
    See also Working Paper Oil Price Pass-Through into Consumer Prices: Evidence from U.S. Weekly Data, Working Papers (2021) View citations (6) (2021)
37. Profit margins in U.S. domestic airline routes
    Transport Policy, 2021, 114, (C), 245-251 View citations (1)
    See also Working Paper Profit Margins in U.S. Domestic Airline Routes, Working Papers (2021) View citations (1) (2021)
38. Specialization, field distance, and quality in economists’ collaborations
    Journal of Informetrics, 2021, 15, (4) View citations (2)
    See also Working Paper Specialization, Field Distance, and Quality in Economists' Collaborations, Working Papers (2021) View citations (2) (2021)
39. THE GREAT TRADE COLLAPSE: AN EVALUATION OF COMPETING STORIES
    Macroeconomic Dynamics, 2021, 25, (4), 1053-1089 View citations (4)
    See also Working Paper The Great Trade Collapse: An Evaluation of Competing Stories, Working Papers (2019) (2019)
40. Unequal welfare costs of staying at home across socioeconomic and demographic groups
    International Journal of Urban Sciences, 2021, 25, (3), 347-365
    See also Working Paper Unequal Welfare Costs of Staying at Home across Socioeconomic and Demographic Groups, Working Papers (2021) View citations (1) (2021)
41. Welfare costs of COVID‐19: Evidence from US counties
    Journal of Regional Science, 2021, 61, (4), 826-848 View citations (2)
    See also Working Paper Welfare Costs of COVID-19: Evidence from U.S. Counties, Working Papers (2021) View citations (4) (2021)
42. Welfare costs of bilateral currency crises: The role of international trade
    International Finance, 2021, 24, (1), 119-131 View citations (1)
    See also Working Paper Welfare Costs of Bilateral Currency Crises: The Role of International Trade, Working Papers (2020) (2020)
43. Welfare costs of travel reductions within the United States due to COVID‐19
    Regional Science Policy & Practice, 2021, 13, (S1), 18-31
44. Welfare implications of solving the distance puzzle: global evidence from the last two centuries
    The Journal of International Trade & Economic Development, 2021, 30, (4), 469-483 View citations (2)
    See also Working Paper Welfare Implications of Solving the Distance Puzzle: Global Evidence from the Last Two Centuries, Working Papers (2021) (2021)

2020

45. COVID‐19 and unequal social distancing across demographic groups
    Regional Science Policy & Practice, 2020, 12, (6), 1235-1248 View citations (5)
    See also Working Paper COVID-19 and Unequal Social Distancing across Demographic Groups, Working Papers (2020) View citations (6) (2020)
46. Gains from domestic versus international trade: Evidence from the US
    The Journal of International Trade & Economic Development, 2020, 29, (2), 199-210 View citations (5)
    See also Working Paper Gains from Domestic versus International Trade: Evidence from the U.S, Working Papers (2020) View citations (4) (2020)
47. Government consumption, government debt and economic growth
    Review of Development Economics, 2020, 24, (2), 589-605 View citations (4)
    See also Working Paper Government Consumption, Government Debt and Economic Growth, Working Papers (2020) View citations (3) (2020)
48. Inflation and exchange rate pass-through
    Journal of International Money and Finance, 2020, 105, (C) View citations (52)
    See also Working Paper Inflation and Exchange Rate Pass-Through, Working Papers (2020) View citations (38) (2020)
49. The impact of China’s fiscal and monetary policy responses to the great recession: An analysis of firm-level Chinese data
    Journal of International Money and Finance, 2020, 101, (C) View citations (7)
    See also Working Paper The Impact of China's Fiscal and Monetary Policy Responses to the Great Recession: An Analysis of Firm-Level Chinese Data, Working Papers (2020) View citations (6) (2020)
50. Thirty-Five Years of Peer-Reviewed Publishing by North American Economics PhDs: Quantity, Quality, and Beyond
    Open Economics, 2020, 3, (1), 70-85 View citations (2)
    Also in Open Economics, 2020, 3, (1), 70-85 (2020) View citations (2)
51. Unequal unemployment effects of COVID-19 and monetary policy across U.S. States
    Journal of Behavioral Economics for Policy, 2020, 4, (S3), 45-53 View citations (5)
    See also Working Paper Unequal Unemployment Effects of COVID-19 and Monetary Policy across U.S. States, Working Papers (2021) (2021)

2019

52. Daily exchange rate pass-through into micro prices
    Applied Economics Letters, 2019, 26, (6), 440-445 View citations (3)
    See also Working Paper Daily Exchange Rate Pass-through into Micro Prices, Working Papers (2018) (2018)
53. Estimating the trade elasticity over time
    Economics Letters, 2019, 183, (C), - View citations (11)
    See also Working Paper Estimating the Trade Elasticity over Time, Working Papers (2019) View citations (12) (2019)
54. Redistributive Effects of Gasoline Prices
    Networks and Spatial Economics, 2019, 19, (1), 109-124 View citations (3)
    See also Working Paper Redistributive Effects of Gasoline Prices, Working Papers (2018) (2018)
55. Understanding the international elasticity puzzle
    Journal of Macroeconomics, 2019, 59, (C), 140-153 View citations (4)
    See also Working Paper Understanding the International Elasticity Puzzle, Working Papers (2018) (2018)

2018

56. Financial Health and the Intensive Margin of Trade
    Emerging Markets Finance and Trade, 2018, 54, (6), 1304-1319 View citations (2)
    See also Working Paper Financial Health and the Intensive Margin of Trade, Working Papers (2016) View citations (1) (2016)
57. Spatial dispersion of retail margins: evidence from Turkish agricultural prices
    Agricultural Economics, 2018, 49, (4), 455-462 View citations (3)
    See also Working Paper Spatial Dispersion of Retail Margins: Evidence from Turkish Agricultural Prices, Working Papers (2018) View citations (3) (2018)

2017

58. A Solution to the Missing Globalization Puzzle by Non-CES Preferences
    Review of International Economics, 2017, 25, (3), 649-676 View citations (9)
    See also Working Paper A Solution to the Missing Globalization Puzzle by Non-CES Preferences, Working Papers (2016) View citations (1) (2016)
59. Anti-Crime Laws and Retail Prices
    Review of Law & Economics, 2017, 13, (3), 18
    See also Working Paper Anti-Crime Laws and Retail Prices, Working Papers (2017) (2017)
60. Asymmetric incidence of sales taxes: A short-run investigation of gasoline prices
    Journal of Economics and Business, 2017, 91, (C), 16-23 View citations (3)
    See also Working Paper Asymmetric Incidence of Sales Taxes: A Short-Run Investigation of Gasoline Prices, Working Papers (2017) View citations (2) (2017)
61. Geographical dispersion of consumer search behaviour
    Applied Economics, 2017, 49, (57), 5740-5752 View citations (3)
    See also Working Paper Geographical Dispersion of Consumer Search Behavior, Working Papers (2017) View citations (3) (2017)
62. Individual tax rates and regional tax revenues: a cross-state analysis
    Regional Studies, 2017, 51, (5), 701-711 View citations (1)
    See also Working Paper Individual Tax Rates and Regional Tax Revenues: A Cross-State Analysis, Working Papers (2015) View citations (1) (2015)
63. The role of direct flights in trade costs
    Review of World Economics (Weltwirtschaftliches Archiv), 2017, 153, (2), 249-270 View citations (8)
    See also Working Paper The Role of Direct Flights in Trade Costs, Working Papers (2016) View citations (3) (2016)

2016

64. Constant versus variable markups: Implications for the law of one price
    International Review of Economics & Finance, 2016, 44, (C), 154-168 View citations (19)
    See also Working Paper Constant versus Variable Markups: Implications for the Law of One Price, Working Papers (2016) View citations (21) (2016)
65. Forecasting the Great Trade Collapse
    International Economics, 2016, (147), 145–154
    Also in International Economics, 2016, 147, (C), 145-154 (2016)
    See also Working Paper Forecasting the Great Trade Collapse, Working Papers (2016) (2016)
66. High versus low inflation: implications for price-level convergence
    Empirical Economics, 2016, 50, (4), 1527-1563 View citations (4)
    See also Working Paper High versus Low Inflation: Implications for Price-Level Convergence, Working Papers (2015) (2015)
67. Relative price variability and inflation: New evidence
    Journal of Macroeconomics, 2016, 48, (C), 263-282 View citations (4)
    See also Working Paper Relative Price Variability and Inflation: New evidence, Working Papers (2015) View citations (4) (2015)
68. Trade partner diversification and growth: How trade links matter
    Journal of Macroeconomics, 2016, 50, (C), 241-258 View citations (10)
    See also Working Paper Trade Partner Diversification and Growth: How Trade Links Matter, Working Papers (2016) View citations (8) (2016)
69. Understanding gasoline price dispersion
    The Annals of Regional Science, 2016, 57, (1), 223-252 View citations (14)
    See also Working Paper Understanding Gasoline Price Dispersion, Working Papers (2016) View citations (13) (2016)

2015

70. Importer-specific elasticities of demand: Evidence from U.S. exports
    International Review of Economics & Finance, 2015, 35, (C), 228-234 View citations (3)
    See also Working Paper Importer-Specific Elasticities of Demand: Evidence from U.S. Exports, Working Papers (2014) (2014)
71. Pass-through of trade costs to U.S. import prices
    Review of World Economics (Weltwirtschaftliches Archiv), 2015, 151, (4), 609-633 View citations (10)
    See also Working Paper Pass-through of Trade Costs to U.S. Import Prices, Working Papers (2015) View citations (11) (2015)
72. Trade and Cities
    The World Bank Economic Review, 2015, 29, (3), 523-549 View citations (5)
    See also Working Paper Trade and Cities, Working Papers (2014) View citations (6) (2014)

2014

73. Bilateral versus Multilateral Free Trade Agreements: A Welfare Analysis
    Review of International Economics, 2014, 22, (3), 513-535 View citations (10)
    See also Working Paper Bilateral versus Multilateral Free Trade Agreements: A Welfare Analysis, Working Papers (2014) View citations (9) (2014)
74. Gasoline prices, transport costs, and the U.S. business cycles
    Journal of Economic Dynamics and Control, 2014, 45, (C), 165-179 View citations (4)
    See also Working Paper Gasoline Prices, Transport Costs, and the U.S. Business Cycles, Working Papers (2014) View citations (2) (2014)
75. Mismeasurement of Distance Effects: The Role of Internal Location of Production
    Review of International Economics, 2014, 22, (5), 992-1015 View citations (8)
    See also Working Paper Mismeasurement of Distance Effects: The Role of Internal Location of Production, Working Papers (2014) View citations (5) (2014)
76. Price dispersion across US districts of entry
    Economics Letters, 2014, 123, (3), 361-365 View citations (8)
    See also Working Paper Price Dispersion across U.S. Districts of Entry, Working Papers (2014) View citations (5) (2014)
77. Understanding long-run price dispersion
    Journal of Monetary Economics, 2014, 66, (C), 226-240 View citations (38)
    See also Working Paper Understanding Long-run Price Dispersion, Working Papers (2014) View citations (36) (2014)

2013

78. Inflation Thresholds and Growth
    International Economic Journal, 2013, 27, (1), 1-10 View citations (21)
79. Inflation targeting, flexible exchange rates and inflation convergence
    Applied Economics, 2013, 45, (5), 593-603 View citations (15)

2012

80. Business cycles through international shocks: A structural investigation
    Economics Letters, 2012, 115, (3), 329-333
81. How wide is the border across U.S. states?
    Letters in Spatial and Resource Sciences, 2012, 5, (1), 25-31 View citations (1)
82. Understanding interstate trade patterns
    Journal of International Economics, 2012, 86, (1), 158-166 View citations (43)
    See also Working Paper Understanding Interstate Trade Patterns, Working Papers (2011) View citations (5) (2011)

2011

83. AGGLOMERATION AND TRADE: STATE‐LEVEL EVIDENCE FROM U.S. INDUSTRIES
    Journal of Regional Science, 2011, 51, (1), 139-166 View citations (9)
    See also Working Paper Agglomeration and Trade: State-Level Evidence from U.S. Industries, DETU Working Papers (2010) (2010)
84. Can inflation targeting regimes be effective in developing countries? The Turkish experience
    Journal of Asian Economics, 2011, 22, (5), 343-355 View citations (25)
85. Guest Editors' Introduction
    Emerging Markets Finance and Trade, 2011, 47, (0S2), 3-4
86. Monetary policy and credit cards: Evidence from a small open economy
    Economic Modelling, 2011, 28, (1), 201-210 View citations (3)
    Also in Economic Modelling, 2011, 28, (1-2), 201-210 (2011) View citations (3)
    See also Working Paper Monetary Policy and Credit Cards: Evidence from a Small-Open Economy, DETU Working Papers (2010) (2010)
87. Price-level convergence: New evidence from U.S. cities
    Economics Letters, 2011, 110, (2), 76-78 View citations (35)
    See also Working Paper Price-Level Convergence: New Evidence from U.S. Cities, DETU Working Papers (2010) View citations (1) (2010)
88. Thresholds in the Finance-Growth Nexus: A Cross-Country Analysis
    The World Bank Economic Review, 2011, 25, (2), 278-295 View citations (61)

2010

89. The effects of currency crises on the long-run growth
    Applied Economics Letters, 2010, 17, (3), 209-212 View citations (1)

2009

90. Effects of credit and debit cards on the currency demand
    Applied Economics, 2009, 41, (17), 2115-2123 View citations (9)
91. Inflation, financial development, and growth: A trilateral analysis
    Economic Systems, 2009, 33, (4), 310-324 View citations (49)
92. Okun’s convergence within the US
    Letters in Spatial and Resource Sciences, 2009, 2, (2), 109-122 View citations (10)
93. The Effects of Currency Crises in Emerging Markets on the Industrial Sector: An Alternative Regime-Shifting Approach
    Emerging Markets Finance and Trade, 2009, 45, (1), 31-48 View citations (1)

2008

94. An analysis of regime shifts in the Turkish economy
    Economic Modelling, 2008, 25, (5), 885-898 View citations (7)
95. Structural Breaks in Monetary Policy Rules: Evidence from Transition Countries
    Emerging Markets Finance and Trade, 2008, 44, (6), 87-97 View citations (14)
96. Twin Crises in Turkey: A Comparison of Currency Crisis Models
    European Journal of Comparative Economics, 2008, 5, (1), 107-124

2007

97. Inflation targeting supported by managed exchange rate
    Applied Economics, 2007, 39, (16), 2011-2026 View citations (9)
98. Monetary policy rules in practice: evidence from Turkey and Israel
    Applied Financial Economics, 2007, 17, (1), 1-8 View citations (32)
    See also Working Paper Monetary Policy Rules in Practice: Evidence from Turkey and Israel, Middle East and North Africa (2001) View citations (2) (2001)

2005

99. Inflation Dynamics of Turkey: A Structural Estimation
    Studies in Nonlinear Dynamics & Econometrics, 2005, 9, (1), 15 View citations (16)