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  1. Economic Diplomacy and Bilateral Trade: Evidence From Chinese Swap Lines

    Article • Economics and Politics, August 2026, Wiley

    Serhan Cevik

  2. Money and Inflation: Revisiting Friedman

    Article • International Finance, July 2026, Wiley

    Serhan Cevik

  3. Fiscal Policy and Labor Market Outcomes in Europe

    Article • IMF Working Paper, May 2026, International Monetary Fund

    Serhan Cevik

  4. Measuring soft power: a new global index

    Article • Oxford Development Studies, April 2026, Taylor & Francis

    Serhan Cevik

  5. Wagner in the Balkans? A Comparative Analysis of Government Size and Economic Growth

    Article • IMF Working Paper, April 2026, International Monetary Fund

    Serhan Cevik

  6. Shocked: electricity price volatility spillovers in Europe

    Article • International Economics and Economic Policy, March 2026, Springer Science + Business Media

    Serhan Cevik

  7. How Many Is Too Many? Global Evidence on Overtourism and Environment

    Article • Journal of Globalization and Development, March 2026, De Gruyter

    Serhan Cevik

  8. Back to the future: Fiscal rules for regaining sustainability in a disaster-prone country

    Article • Economic and Political Studies, February 2026, Taylor & Francis

    Serhan Cevik

  9. Chasing the Dream: Industry‐Level Productivity Developments in Europe

    Article • Economics of Transition and Institutional Change, February 2026, Wiley

    Serhan Cevik

  10. Intermediation, Interrupted? Bank-Level Analysis of Interest Spreads in Montenegro

    Article • IMF Working Paper, February 2026, International Monetary Fund

    Serhan Cevik

  11. Reaching (Beyond) the frontier: energy efficiency in Europe

    Article • Empirica, November 2025, Springer Science + Business Media

    Serhan Cevik

  12. Far more than a shot in the arm: Vaccines and consumer spending

    Article • The European Journal of Health Economics, November 2025, Springer Science + Business Media

    Serhan Cevik

  13. Guns and Roses: Hard Power, Soft Power and Economic Growth

    Article • Economics of Transition and Institutional Change, November 2025, Wiley

    Serhan Cevik

  14. Navigating minefields and headwinds: National security, demographic shifts, climate change and fiscal policy in Lithuania

    Article • Asia Europe Journal, November 2025, Springer Science + Business Media

    Serhan Cevik

  15. Corruption Kills: Global Evidence From Natural Disasters

    Article • Scottish Journal of Political Economy, July 2025, Wiley

    Serhan Cevik

  16. Prometheus Unbound: What Makes Fintech Grow?

    Article • Economics and Politics, July 2025, Wiley

    Serhan Cevik

  17. Promise (Un)Kept? Fintech and Financial Inclusion

    Article • Scottish Journal of Political Economy, April 2025, Wiley

    Serhan Cevik

  18. Long live globalization: geopolitical shocks and international trade

    Article • International Economics and Economic Policy, April 2025, Springer Science + Business Media

    Serhan Cevik

  19. Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood

    Article • Review of Economics, April 2025, De Gruyter

    Serhan Cevik

  20. Monetary Shocks and Labor Markets

    Article • IMF Working Paper, March 2025, International Monetary Fund

    Serhan Cevik

  21. Lost Generations? Fertility and Economic Growth in Europe

    Article • IMF Working Paper, March 2025, International Monetary Fund

    Serhan Cevik

  22. Prometheus Unbound

    Article • IMF Working Paper, February 2025, International Monetary Fund

    Serhan Cevik

  23. Shocked: Electricity Price Volatility Spillovers in Europe

    Article • IMF Working Paper, January 2025, International Monetary Fund

    Serhan Cevik

  24. This is going to hurt: Weather anomalies, supply chain pressures and inflation

    Article • International Economics, December 2024, Elsevier

    Serhan Cevik

  25. Chasing the Dream: Industry-Level Productivity Developments in Europe

    Article • IMF Working Paper, December 2024, International Monetary Fund

    Serhan Cevik

  26. Is Schumpeter right? Fintech and economic growth

    Article • Economics of Innovation and New Technology, October 2024, Taylor & Francis

    Serhan Cevik

  27. Measuring Soft Power: A New Global Index

    Article • IMF Working Paper, October 2024, International Monetary Fund

    Serhan Cevik

  28. Is inflation good for business? the firm-level impact of inflation shocks in the Baltics, 1997–2020

    Article • Economic Change and Restructuring, September 2024, Springer Science + Business Media

    Serhan Cevik

  29. Navigating Minefields and Headwinds: National Security, Demographic Shifts, Climate Change and Fiscal Policy in Lithuania

    Article • IMF Working Paper, September 2024, International Monetary Fund

    Serhan Cevik

  30. It’s Never Different: Fiscal Policy Shocks and Inflation

    Article • Comparative Economic Studies, August 2024, Springer Science + Business Media

    Serhan Cevik

  31. Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth

    Article • Review of Economics, August 2024, De Gruyter

    Serhan Cevik

  32. Chapter 10: Financing Climate Policies in Latin America and the Caribbean

    Article • July 2024, International Monetary Fund

    Serhan Cevik

  33. How Mumbo-Jumbo conquered the world: empirical analysis of conspiracy theories

    Article • Economic Change and Restructuring, June 2024, Springer Science + Business Media

    Serhan Cevik

  34. Promise (Un)kept? Fintech and Financial Inclusion

    Article • IMF Working Paper, June 2024, International Monetary Fund

    Serhan Cevik

  35. Restructuring reforms for green growth

    Article • Scottish Journal of Political Economy, May 2024, Wiley

    Serhan Cevik

  36. Peering Through the Fog of Uncertainty: Out-of-Sample Forecasts of Post-Pandemic Tourism

    Article • Review of Economics, April 2024, De Gruyter

    Serhan Cevik

  37. This Is Going to Hurt: Weather Anomalies, Supply Chain Pressures and Inflation

    Article • IMF Working Paper, April 2024, International Monetary Fund

    Serhan Cevik

  38. Climate change and energy security: the dilemma or opportunity of the century?

    Article • Environmental Economics and Policy Studies, March 2024, Springer Science + Business Media

    Serhan Cevik

  39. Is Inflation Good for Business? The Firm-Level Impact of Inflation Shocks in the Baltics, 1997-2021

    Article • IMF Working Paper, March 2024, International Monetary Fund

    Serhan Cevik

  40. Geopolitics and International Trade: The Democracy Advantage

    Article • IMF Working Paper, February 2024, International Monetary Fund

    Serhan Cevik

  41. Is Schumpeter Right? Fintech and Economic Growth

    Article • IMF Working Paper, February 2024, International Monetary Fund

    Serhan Cevik

  42. Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood

    Article • IMF Working Paper, December 2023, International Monetary Fund

    Serhan Cevik

  43. Feeling Rich, Feeling Poor: Housing Wealth Effects and Consumption in Europe

    Article • IMF Working Paper, December 2023, International Monetary Fund

    Serhan Cevik

  44. The Dark Side of the Moon? Fintech and Financial Stability

    Article • IMF Working Paper, December 2023, International Monetary Fund

    Serhan Cevik

  45. Breaking Bad: A Disaggregated Analysis of Inflation Inertia

    Article • Review of Economics, November 2023, De Gruyter

    Serhan Cevik

  46. Don’t Look Up: House Prices in Emerging Europe

    Article • German Economic Review, October 2023, De Gruyter

    Serhan Cevik

  47. Bubble detective: City‐level analysis of house price cycles

    Article • International Finance, October 2023, Wiley

    Serhan Cevik

  48. Corruption Kills: Global Evidence from Natural Disasters

    Article • IMF Working Paper, October 2023, International Monetary Fund

    Serhan Cevik

  49. Long Live Globalization: Geopolitical Shocks and International Trade

    Article • IMF Working Paper, October 2023, International Monetary Fund

    Serhan Cevik

  50. Dining and Wining During the Pandemic? A Quasi-Experiment on Tax Cuts and Consumer Spending in Lithuania

    Article • IMF Working Paper, September 2023, International Monetary Fund

    Serhan Cevik

  51. Reaching (Beyond) the Frontier: Energy Efficiency in Europe

    Article • IMF Working Paper, September 2023, International Monetary Fund

    Serhan Cevik

  52. Show Me the Money: Tracking Consumer Spending with Daily Card Transaction Data During the Pandemic

    Article • German Economic Review, August 2023, De Gruyter

    Serhan Cevik

  53. Chasing the sun and catching the wind: Energy transition and electricity prices in Europe

    Article • Journal of Economics and Finance, June 2023, Springer Science + Business Media

    Serhan Cevik

  54. Energy reforms, their impact, and green growth

    Article • IMF Working Paper, June 2023, International Monetary Fund

    Serhan Cevik

  55. It’s Never Different: Fiscal Policy Shocks and Inflation

    Article • IMF Working Paper, May 2023, International Monetary Fund

    Serhan Cevik

  56. Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth

    Article • IMF Working Paper, April 2023, International Monetary Fund

    Serhan Cevik

  57. Far More Than a Shot in the Arm: Vaccines and Consumer Spending

    Article • IMF Working Paper, April 2023, International Monetary Fund

    Serhan Cevik

  58. For whom the bell tolls: Climate change and income inequality

    Article • Energy Policy, March 2023, Elsevier

    Serhan Cevik

  59. Peering Through the Fog of Uncertainty: Out-of-Sample Forecasts of Post-Pandemic Tourism

    Article • IMF Working Paper, March 2023, International Monetary Fund

    Serhan Cevik

  60. Bubble Detective: City-Level Analysis of House Price Cycles

    Article • IMF Working Paper, February 2023, International Monetary Fund

    Serhan Cevik

  61. Good Will Hunting: Do Disasters Make Us More Charitable?

    Article • IMF Working Paper, February 2023, International Monetary Fund

    Serhan Cevik

  62. How Mumbo-Jumbo Conquered the World: Empirical Analysis of Conspiracy Theories

    Article • SSRN Electronic Journal, January 2023, Elsevier

    Serhan Cevik

  63. Climate change and sovereign risks

    Article • January 2023, Elsevier

    Serhan Cevik

  64. Don't Look Up: House Prices in Emerging Europe

    Article • IMF Working Paper, December 2022, International Monetary Fund

    Serhan Cevik

  65. Here Comes the Change: The Role of Global and Domestic Factors in Post-Pandemic Inflation in Europe

    Article • IMF Working Paper, December 2022, International Monetary Fund

    Serhan Cevik

  66. Show Me the Money: Tracking Consumer Spending with Daily Card Transaction Data During the Pandemic

    Article • IMF Working Paper, December 2022, International Monetary Fund

    Serhan Cevik

  67. Chasing the Sun and Catching the Wind: Energy Transition and Electricity Prices in Europe

    Article • IMF Working Paper, November 2022, International Monetary Fund

    Serhan Cevik

  68. The relationship between tourism and carbon dioxide emissions in the Caribbean

    Article • IMF Working Paper, September 2022, International Monetary Fund

    Serhan Cevik

  69. Dirty dance: tourism and environment

    Article • International Review of Applied Economics, September 2022, Taylor & Francis

    Serhan Cevik

  70. Mind the Gap: City-Level Inflation Synchronization

    Article • IMF Working Paper, September 2022, International Monetary Fund

    Serhan Cevik

  71. Breaking Bad: A Disaggregated Analysis of Inflation Inertia

    Article • IMF Working Paper, September 2022, International Monetary Fund

    Serhan Cevik

  72. Climate Change and Energy Security: The Dilemma or Opportunity of the Century?

    Article • IMF Working Paper, September 2022, International Monetary Fund

    Serhan Cevik

  73. Waiting for Godot? The Case for Climate Change Adaptation and Mitigation in Small Island States

    Article • IMF Working Paper, September 2022, International Monetary Fund

    Serhan Cevik

  74. Rogue Waves: Climate Change and Firm Performance

    Article • Comparative Economic Studies, May 2022, Springer Science + Business Media

    Serhan Cevik

  75. For Whom the Bell Tolls: Climate Change and Inequality

    Article • IMF Working Paper, May 2022, International Monetary Fund

    Serhan Cevik

  76. Rogue Waves: Climate Change and Firm Performance

    Article • IMF Working Paper, May 2022, International Monetary Fund

    Serhan Cevik

  77. Leverage Shocks: Firm-Level Evidence on Debt Overhang and Investment

    Article • Review of Economics, April 2022, De Gruyter

    Serhan Cevik

  78. Waiting for Godot? The case for climate change adaptation and mitigation in small island states

    Article • Journal of Environmental Economics and Policy, March 2022, Taylor & Francis

    Serhan Cevik

  79. This changes everything: Climate shocks and sovereign bonds⁎

    Article • Energy Economics, March 2022, Elsevier

    Serhan Cevik

  80. Contagion of fear: Is the impact of COVID‐19 on sovereign risk really indiscriminate?

    Article • International Finance, July 2021, Wiley

    Serhan Cevik

  81. Perfect Storm: Climate Change and Tourism

    Article • Journal of Globalization and Development, May 2021, De Gruyter

    Serhan Cevik

  82. Pandemics and firms: Drawing lessons from history

    Article • International Finance, May 2021, Wiley

    Serhan Cevik

  83. Going Viral: A Gravity Model of Infectious Diseases and Tourism Flows

    Article • Open Economies Review, May 2021, Springer Science + Business Media

    Serhan Cevik

  84. Death and taxes: Does taxation matter for firm survival?

    Article • Economics and Politics, March 2021, Wiley

    Serhan Cevik

  85. Tourism in the Post-Pandemic World

    Article • Departmental Paper, February 2021, International Monetary Fund

    Serhan Cevik

  86. Feeling the Heat

    Article • IMF Working Paper, December 2020, International Monetary Fund

    Serhan Cevik

  87. Leverage Shocks

    Article • IMF Working Paper, December 2020, International Monetary Fund

    Serhan Cevik

  88. Pandemics and Firms

    Article • IMF Working Paper, December 2020, International Monetary Fund

    Serhan Cevik

  89. Where should we go? Internet searches and tourist arrivals

    Article • International Journal of Finance & Economics, December 2020, Wiley

    Serhan Cevik

  90. Contagion of Fear

    Article • IMF Working Paper, November 2020, International Monetary Fund

    Serhan Cevik

  91. Dirty Money

    Article • IMF Working Paper, November 2020, International Monetary Fund

    Serhan Cevik

  92. Perfect Storm

    Article • IMF Working Paper, November 2020, International Monetary Fund

    Serhan Cevik

  93. An Apocalypse Foretold

    Article • IMF Working Paper, November 2020, International Monetary Fund

    Serhan Cevik

  94. Dirty money: Does the risk of infectious disease lower demand for cash?

    Article • International Finance, November 2020, Wiley

    Serhan Cevik

  95. Going Viral

    Article • IMF Working Paper, July 2020, International Monetary Fund

    Serhan Cevik

  96. This Changes Everything

    Article • IMF Working Paper, June 2020, International Monetary Fund

    Serhan Cevik

  97. Riding the storm: fiscal sustainability in the Caribbean

    Article • International Review of Applied Economics, April 2020, Taylor & Francis

    Serhan Cevik

  98. Taking Down the Wall

    Article • IMF Working Paper, February 2020, International Monetary Fund

    Serhan Cevik

  99. Riding the Storm

    Article • IMF Working Paper, January 2020, International Monetary Fund

    Serhan Cevik

  100. Where Should We Go? Internet Searches and Tourist Arrivals

    Article • IMF Working Paper, January 2020, International Monetary Fund

    Serhan Cevik

  101. Perfect Storm: Climate Change and Tourism

    Article • SSRN Electronic Journal, January 2020, Elsevier

    Serhan Cevik

  102. Pandemics and Firms: Drawing Lessons from History

    Article • SSRN Electronic Journal, January 2020, Elsevier

    Serhan Cevik

  103. Where Should We Go? Internet Searches and Tourist Arrivals

    Article • SSRN Electronic Journal, January 2020, Elsevier

    Serhan Cevik

  104. Trinity Strikes Back: Monetary Independence And Inflation In The Caribbean

    Article • Journal of International Development, December 2019, Wiley

    Serhan Cevik

  105. Growing (un)equal: fiscal policy and income inequality in China and BRIC+

    Article • Journal of the Asia Pacific Economy, December 2019, Taylor & Francis

    Serhan Cevik

  106. Taking down the wall: Transition and inequality

    Article • Review of Development Economics, December 2019, Wiley

    Serhan Cevik

  107. Policy coordination in fiscal federalism: drawing lessons from the Dubai debt crisis

    Article • International Journal of Emerging Markets, December 2019, Emerald

    Serhan Cevik

  108. You are suffocating me: Firm-level analysis of state-owned enterprises and private investment

    Article • Journal of Comparative Economics, December 2019, Elsevier

    Serhan Cevik

  109. Back to the Future

    Article • IMF Working Paper, November 2019, International Monetary Fund

    Serhan Cevik

  110. Trinity Strikes Back

    Article • IMF Working Paper, September 2019, International Monetary Fund

    Serhan Cevik

  111. Structural transformation and tax efficiency

    Article • International Finance, May 2019, Wiley

    Serhan Cevik

  112. You Are Suffocating Me! Firm-Level Evidence on Crowding Out

    Article • IMF Working Paper, April 2019, International Monetary Fund

    Serhan Cevik

  113. Death and Taxes: Does Taxation Matter for Firm Survival?

    Article • IMF Working Paper, April 2019, International Monetary Fund

    Serhan Cevik

  114. Anchor Me: The Benefits and Challenges of Fiscal Responsibility

    Article • IMF Working Paper, March 2019, International Monetary Fund

    Serhan Cevik

  115. Structural Transformation and Tax Efficiency

    Article • IMF Working Paper, February 2019, International Monetary Fund

    Serhan Cevik

  116. Back to the Future: Fiscal Rules for Regaining Sustainability

    Article • SSRN Electronic Journal, January 2019, Elsevier

    Serhan Cevik

  117. Anchor Me: The Benefits and Challenges of Fiscal Responsibility

    Article • SSRN Electronic Journal, January 2019, Elsevier

    Serhan Cevik

  118. Searching for the finance–growth nexus in Libya

    Article • Empirical Economics, December 2018, Springer Science + Business Media

    Serhan Cevik

  119. Shock and awe? Fiscal consequences of terrorism

    Article • Empirical Economics, August 2018, Springer Science + Business Media

    Serhan Cevik

  120. Does Taxation Stifle Corporate Investment?

    Article • Australian Economic Review, July 2018, Wiley

    Serhan Cevik

  121. Smoke screen: Estimating the tax pass-through to cigarette prices in Pakistan

    Article • Review of Development Economics, June 2018, Wiley

    Serhan Cevik

  122. How to Manage the Fiscal Costs of Natural Disasters

    Article • IMF How to Notes, June 2018, International Monetary Fund

    Serhan Cevik

  123. Unlocking Pakistan’s Revenue Potential

    Article • South Asian Journal of Macroeconomics and Public Finance, April 2018, SAGE Publications

    Serhan Cevik

  124. Smooth operator: remittances and household consumption during fiscal shocks

    Article • The B E Journal of Macroeconomics, February 2018, De Gruyter

    Serhan Cevik

  125. Does Taxation Stifle Corporate Investment? Firm-Level Evidence from ASEAN Countries

    Article • IMF Working Paper, January 2018, International Monetary Fund

    Serhan Cevik

  126. Soft power and exchange rate volatility

    Article • International Finance, October 2017, Wiley

    Serhan Cevik

  127. No buck for the bang: revisiting the military-growth nexus

    Article • Empirica, June 2017, Springer Science + Business Media

    Serhan Cevik

  128. Smooth Operator: Remittances and Fiscal Shocks

    Article • IMF Working Paper, January 2017, International Monetary Fund

    Serhan Cevik

  129. Smooth Operator: Remittances and Fiscal Shocks

    Article • SSRN Electronic Journal, January 2017, Elsevier

    Serhan Cevik

  130. Size matters: fragmentation and vertical fiscal imbalances in Moldova

    Article • Empirica, March 2016, Springer Science + Business Media

    Serhan Cevik

  131. Unlocking Pakistan's Revenue Potential

    Article • IMF Working Paper, January 2016, International Monetary Fund

    Serhan Cevik

  132. Smoke Screen: Estimating the Tax Pass-Through to Cigarette Prices in Pakistan

    Article • IMF Working Paper, January 2016, International Monetary Fund

    Serhan Cevik

  133. Unlocking Pakistan's Revenue Potential

    Article • SSRN Electronic Journal, January 2016, Elsevier

    Serhan Cevik

  134. Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions

    Article • Comparative Economic Studies, December 2015, Springer Science + Business Media

    Serhan Cevik

  135. Day After Tomorrow: Designing an Optimal Fiscal Strategy for Libya

    Article • Journal of Banking and Financial Economics, September 2015, University of Warsaw

    Serhan Cevik

  136. Fiscal Consequences of Terrorism

    Article • IMF Working Paper, January 2015, International Monetary Fund

    Serhan Cevik

  137. Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+

    Article • IMF Working Paper, January 2015, International Monetary Fund

    Serhan Cevik

  138. Soft Power and Exchange Rate Volatility

    Article • IMF Working Paper, January 2015, International Monetary Fund

    Serhan Cevik

  139. Fiscal Consequences of Terrorism

    Article • SSRN Electronic Journal, January 2015, Elsevier

    Serhan Cevik

  140. Without Oil, How Do Gulf Countries Move? Non-hydrocarbon Business Cycles

    Article • Journal of Economic Integration, June 2014, Center for Economic Integration

    Serhan Cevik

  141. A Barrel of Oil or a Bottle of Wine: How Do Global Growth Dynamics Affect Commodity Prices?

    Article • Journal of Wine Economics, March 2014, Cambridge University Press

    Serhan Cevik

  142. Deep Roots of Fiscal Behavior

    Article • IMF Working Paper, January 2014, International Monetary Fund

    Serhan Cevik

  143. Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

    Article • IMF Working Paper, January 2014, International Monetary Fund

    Serhan Cevik

  144. Hitchhiker's guide to inflation in Libya

    Article • International Journal of Economic Policy in Emerging Economies, January 2014, Inderscience Publishers

    Serhan Cevik

  145. Deep Roots of Fiscal Behavior

    Article • SSRN Electronic Journal, January 2014, Elsevier

    Serhan Cevik

  146. Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

    Article • SSRN Electronic Journal, January 2014, Elsevier

    Serhan Cevik

  147. Searching for the Finance-Growth Nexus in Libya

    Article • IMF Working Paper, January 2013, International Monetary Fund

    Serhan Cevik

  148. Hitchhiker’s Guide to Inflation in Libya

    Article • IMF Working Paper, January 2013, International Monetary Fund

    Serhan Cevik

  149. Lost in Transmission? The Effectiveness of Monetary Policy Transmission Channels in the GCC Countries

    Article • Middle East Development Journal, January 2013, Taylor & Francis

    Serhan Cevik

  150. The Day After Tomorrow: Designing an Optimal Fiscal Strategy for Libya

    Article • IMF Working Paper, January 2013, International Monetary Fund

    Serhan Cevik

  151. Breaking the Curse of Sisyphus: An Empirical Analysis of Post-Conflict Economic Transitions

    Article • IMF Working Paper, January 2013, International Monetary Fund

    Serhan Cevik

  152. Hitchhiker's Guide to Inflation in Libya

    Article • SSRN Electronic Journal, January 2013, Elsevier

    Serhan Cevik

  153. Lost in Transmission? The Effectiveness of Monetary Policy Transmission Channels in the GCC Countries

    Article • IMF Working Paper, January 2012, International Monetary Fund

    Serhan Cevik

  154. Desynchronized: The Comovement of Non-Hydrocarbon Business Cycles in the GCC

    Article • IMF Working Paper, January 2011, International Monetary Fund

    Serhan Cevik

  155. Policy Coordination in Fiscal Federalism: Drawing Lessons From the Dubai Debt Crisis

    Article • IMF Working Paper, January 2011, International Monetary Fund

    Serhan Cevik

  156. A Barrel of Oil or a Bottle of Wine: How Do Global Growth Dynamics Affect Commodity Prices?

    Article • IMF Working Paper, January 2011, International Monetary Fund

    Serhan Cevik

  157. The Behavior of Conventional and Islamic Bank Deposit Returns in Malaysia and Turkey

    Article • IMF Working Paper, January 2011, International Monetary Fund

    Serhan Cevik