Central bank research hub - Series: Central Bank of the Republic of Turkey Working Papers

Papers by year: All | 2019 | 2018 | 2017

Tax Elasticity Estimates for Capital Stocks

by Jean-Francois Wen and Fatih Yılmaz

Paper: 1901, 10.01.2019

JEL: H25, H32
Explaining Exchange Rate Movements Using Yield Curves in Emerging Countries

by Murat Duran

Paper: 1820, 01.11.2018

JEL: E43, F31, F37
Real Exchange Rate Misalignment and Economic Growth : An Update

by Bülent Ulaşan

Paper: 1819, 01.11.2018

JEL: C31, F31, F43, O11, O41, O47
An Anatomy of a Sudden Stop and the Credit Supply Channel

by Steven Ongena and Salih Fendoğlu

Paper: 1818, 01.11.2018

JEL: E44, F34, F41
Dependence of "Fragile Five" and "Troubled Ten" Emerging Markets' Financial System to US Monetary Policy and Monetary Policy Uncertainty

by Meltem Gülenay Chadwick

Paper: 1817, 01.10.2018

JEL: C58, E52, G15
Measuring Financial Systemic Stress for Turkey: A Search for the Best Composite Indicator

by Hüseyin Öztürk and Meltem Gülenay Chadwick

Paper: 1816, 01.10.2018

JEL: C32, C43, C52
VAT Treatment of the Financial Services: Implications for the Real Economy

by Fatih Yılmaz and İsmail Baydur

Paper: 1815, 01.10.2018

JEL: G20, H21, H24, H25, H30
Net External Position, Financial Development, and Banking Crisis

by Aytül Ganioğlu

Paper: 1814, 01.10.2018

JEL: E44, F34, G15, H63
Transportation Mode Choice and International Fragmentation of Production: Evidence from a Developing Country

by Hülya Saygılı and Kemal Türkcan

Paper: 1813, 01.10.2018

JEL: H56, J21, J24
The Impact of Monetary Policy Stance, Financial Conditions, and the GFC on Investment-Cash Flow Sensitivity

by Selçuk Gül and Hüseyin Taştan

Paper: 1811, 01.07.2018

Abstract

JEL: C33, D92, E22
Inflation Dynamics in Turkey from a Bayesian Perspective

by Mustafa Utku Özmen , Çağrı Sarıkaya and Fethi Öğünç

Paper: 1810, 01.07.2018

Abstract

JEL: C11, C15, C32, E31
Evolution of the University Wage Premium in Turkey : 2004-2015

by Okan Eren

Paper: 1808, 14.03.2018

Abstract

JEL: I21, J24, J31
The Effect of Fed's Future Policy Expectations on Country Shares in Emerging Market Portfolio Flows

by Yasemin Erduman , Zelal Aktaş and Neslihan Kaya Ekşi

Paper: 1809, 14.03.2018

Abstract

JEL: E43, F32, F41, G11
Multivariate Filter for Estimating Potential Output and Output Gap in Turkey

by Selen Andıç

Paper: 1807, 07.02.2018

Abstract

JEL: C51, E32, O40
Quantifying Uncertainty and Identifying its Impacts on the Turkish Economy

by Evren Erdoğan Coşar and Saygın Şahinöz

Paper: 1806, 06.02.2018

Abstract

JEL: C22, C52, D81, E32
Forecasting Industrial Production and Inflation in Turkey with Factor Models

by Mahmut Günay

Paper: 1805, 05.02.2018

Abstract

JEL: C53, C55, E37
A Revised Direct Output Gap Measure for the Turkish Economy

by Evren Erdoğan Coşar

Paper: 1804, 04.02.2018

Abstract

JEL: C43, E32
Foreign Currency Borrowing, Exports and Firm Performance: Evidence from a Currency Crisis

by Paul Mizen , Spiros Bougheas , Hosung Lim , Simona Mateut and Cihan Yalçın

Paper: 1801, 22.01.2018

Abstract

JEL: F34, F41, G21, L25
Export Behavior of Turkish Manufacturing Firms Under Crises

by Aslıhan Atabek Demirhan and Hakan Ercan

Paper: 1802, 01.01.2018

JEL: C23, C25, F14, L25
Foreign Currency Borrowing, Exports and Firm Performance: Evidence from a Currency Crisis

by Paul Mizen , Cihan Yalçın , Spiros Bougheas , Hosung Lim and Simona Mateut

Paper: 1801, 01.01.2018

Abstract

JEL: F34, F41, G21, L25
The Empirical Content of Season-of-Birth Effects: An Investigation with Turkish Data

by Semih Tümen and Huzeyfe Torun

Paper: 1721, 01.12.2017

Abstract

JEL: I26, J13
Do Subsidized Export Loans Increase Exports?

by Huzeyfe Torun , Yusuf Emre Akgündüz and Süleyman Hilmi Kal

Paper: 1720, 01.12.2017

Abstract

JEL: E58, F13, F14, L25, O24
A Financial Connectedness Analysis for Turkey

by Ferhat Çamlıca , Didem Güneş and Etkin Özen

Paper: 1719, 01.12.2017

JEL: C53, E44, F42
Production Fragmentation and Factor Price Convergence

by Hülya Saygılı

Paper: 1718, 01.08.2017

Abstract

JEL: F14, F15, F41, J31
Evidence for the Explosive Behavior of Food and Energy Prices: Implications in Terms of Inflation Expectations

by Aytül Ganioğlu

Paper: 1717, 01.07.2017

Abstract

JEL: C5, E31
Regional Economic Growth in Turkey: The Effects of Physical, Social and Financial Infrastructure Investments

by K. Azim Özdemir and Hülya Saygılı

Paper: 1716, 01.07.2017

Abstract

JEL: C3, H54, O18, O47
Forecasting the Growth Cycles of the Turkish Economy

by H. Murat Özbilgin

Paper: 1715, 01.07.2017

Abstract

JEL: E32, E37, E66
Home-ownership, Housing Demand and Household Wealth Distribution in Turkey

by Evren Ceritoğlu

Paper: 1714, 01.06.2017

Abstract

JEL: C23, D12, R21
Credit Cycles and Capital Flows : Effectiveness of the Macroprudential Policy Framework in Emerging Market Economies

by Salih Fendoğlu

Paper: 1713, 01.05.2017

Abstract

JEL: E58, F32, G18, G28
Are Macroprudential Policies Effective Tools to Reduce Credit Growth in Emerging Markets?

by Fatma Pınar Erdem , Etkin Özen and İbrahim Ünalmış

Paper: 1712, 01.05.2017

Abstract

JEL: E43, E58, G18, G28
Volatility : As a Driving Factor of Stock Market Co-movement

by Ali Gencay Özbekler

Paper: 1711, 01.05.2017

Abstract

JEL: E44, F30, F65, G15
The Effect of House Price Changes on Cohort Consumption in Turkey

by Evren Ceritoğlu

Paper: 1710, 01.04.2017

JEL: C23, D12, R21
Beef Price Volatility in Turkey: Can Import Policy Affect the Price and Its Uncertainty?

by Emine Meltem Baştan and Meltem Gülenay Chadwick

Paper: 1709, 01.04.2017

Abstract

JEL: C32, C58, E31, Q13
Disaggregated Evidence for Exchange Rate and Import Price Pass-through in the Light of Identification Issues, Aggregation Bias and Heterogeneity

by Mustafa Utku Özmen and Meltem Topaloğlu

Paper: 1708, 01.04.2017

Abstract

JEL: E31, E58, F31
Interdependencies across Sovereign Bond Credit Default Swap Markets

by İrem Talaslı , İbrahim Ünalmış and Derya Ezgi Kayalar

Paper: 1707, 01.04.2017

Abstract

JEL: G10, G11, G15
Disentangling Age and Cohorts Effects on Home-Ownership and Housing Wealth in Turkey

by Evren Ceritoğlu

Paper: 1706, 01.03.2017

Abstract

JEL: C23, D12, R21
The Impact of Syrian Refugees on Natives' Labor Market Outcomes in Turkey : Evidence from a Quasi-Experimental Design

by Semih Tümen , Evren Ceritoğlu , Huzeyfe Torun and Hatice Burcu Gürcihan-Yüncüler

Paper: 1705, 01.02.2017

Abstract

JEL: C21, J15, J21, J46, J61
Rebalancing Turkey's Growth by Improving Resource Allocation and Productivity in Manufacturing

by Aslıhan Atabek , Rauf Gönenç and Dan Andrews

Paper: 1704, 01.02.2017

Abstract

JEL: J2, J3, O1, O4, O5
Mean-Reversion in Unprocessed Food Prices

by Kurmaş Akdoğan

Paper: 1703, 01.02.2017

Abstract

JEL: C32, C53, Q11
Rise of Services and Female Employment: Strength of the Relationship

by Gönül Şengül and Şerife Genç İleri

Paper: 1702, 01.02.2017

Abstract

JEL: E24, J16, J22
Self-Insurance and Consumption Risk-Sharing between Birth-Year Cohorts in Turkey

by Evren Ceritoğlu

Paper: 1701, 01.01.2017

Abstract

JEL: C23, D11, D12