HAKAN YILMAZKUDAY
@yilmazkuday.bsky.social
Professor of Economics at Florida International University
Economics
88%
Business
5%
Pinned
Celebrating the end of 2025 with 120 academic publications in total. Wishing everyone a SAFE and HAPPY holiday! faculty.fiu.edu/~hyilmazk/
Free working paper version is available at dx.doi.org/10.2139/ssrn.107...
This paper investigates the price dispersion of imports across the U.S. districts of entry: doi.org/10.1016/j.econlet.2...
Using global city-level price data, this study finds that direct flights significantly reduce trade costs, largely by making it easier for business people to have face-to-face meetings, which builds trust and overcomes informational barriers. doi.org/10.1007/s10290-016-...
"Gains from Trade: Does Sectoral Heterogeneity Matter?" is available at the Journal of International Economics: doi.org/10.1016/j.jinteco.2...
This study of U.S. interstate trade uses production-side markup data to identify key trade parameters, finding that goods are less substitutable and the impact of distance on trade costs is higher than in standard international models. doi.org/10.1016/j.jinteco.2...
International shocks explain around 70% of output fluctuations. doi.org/10.1016/j.econlet.2...
FREE ACCESS to "Tariffs, Inflation and Monetary Policy: Implications for Welfare" is available at the Journal of International Money and Finance: authors.elsevier.com/a/1mLM...
"Thresholds in the Finance-Growth Nexus: A Cross-Country Analysis" is available at the World Bank Economic Review: doi.org/10.1093/wber/lhr011
This study of China's response to the 2008 recession finds that the impact of fiscal and monetary stimulus varied significantly across firms, depending on their specific characteristics. doi.org/10.1016/j.jimonfin....
"Gasoline prices, transport costs, and the U.S. business cycles" is available at the Journal of Economic Dynamics and Control: doi.org/10.1016/j.jedc.2014...
"Estimating the trade elasticity over time" is available at Economics Letters: doi.org/10.1016/j.econlet.2...
"Oil price pass-through into consumer prices: Evidence from U.S. weekly data" is available at the Journal of International Money and Finance. doi.org/10.1016/j.jimonfin....
"Price-level convergence: New evidence from U.S. cities" is available at Economics Letters: doi.org/10.1016/j.econlet.2...
This paper shows that the missing globalization puzzle may be due to the restricting assumption of constant elasticity of substitution (CES) preferences working behind the gravity models. doi.org/10.1111/roie.12278
This paper estimates exchange rate pass-through (ERPT) measures at the good level and combines them with income group-specific expenditure shares to obtain ERPT measures for different income groups. doi.org/10.1017/S1365100520...
This paper investigates the connection between economic agglomeration and trade patterns at the industry level. doi.org/10.1111/j.1467-9787...
Free working paper version is available at dx.doi.org/10.2139/ssrn.284...
NBER working paper version is available at www.nber.org/papers/w18811
Shocks to global energy uncertainty have negative effects on global energy prices and global economic activity, acting like negative global demand shocks. doi.org/10.1016/j.eneco.202...
World Bank Policy Research Working Paper version of "Inflation and Exchange Rate Pass-Through" is available at hdl.handle.net/10986/31406
What are the network effects of trade on economic growth? The answer is in this publication: doi.org/10.1016/j.jmacro.20...
"Geopolitical risk, supply chains, and global inflation" is available at the World Economy: doi.org/10.1111/twec.13585
Using daily data on consumption, employment and mobility, this paper investigates the welfare costs of COVID-19: doi.org/10.1111/jors.12540
JUST ACCEPTED: "Tariffs, Inflation and Monetary Policy: Implications for Welfare" is forthcoming at the Journal of International Money and Finance: doi.org/10.1016/j.jimonfin.... Working paper version is available at dx.doi.org/10.2139/ssrn.513...
Oil price shocks followed by global demand shocks explain the lion’s share of variation in global inflation. rdcu.be/d3LMI
Oil price shocks improve (deteriorate) current account balances of oil exporters (importers). doi.org/10.1016/j.eneco.202...
Having a common currency, a free trade agreement, proximity, a common border, or a colonial relationship increases the probability and decreases the half-life of inflation convergence between countries. doi.org/10.1017/S1365100522...
Free working paper version is available at dx.doi.org/10.2139/ssrn.282...