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Perfect Storm: Climate Change and Tourism

Author/Editor: Serhan Cevik, Manuk Ghazanchyan.

Release Date:November, 2020

While the world’s attention is on dealing with the COVID-19 pandemic, climate change remains a greater existential threat to vulnerable countries that are highly dependent on a weather-sensitive more...



Price: $18.00
An Apocalypse Foretold: Climate Shocks and Sovereign Defaults

Author/Editor: Serhan Cevik, João Tovar Jalles.

Release Date:November, 2020

Climate change poses an existential threat to the global economy. While there is a growing body of literature on the economic consequences of climate change, research on the link between climate more...



Price: $18.00
Going Viral: A Gravity Model of Infectious Diseases and Tourism Flows

Author/Editor: Serhan Cevik.

Release Date:July, 2020

This paper develops a gravity model framework to estimate the impact of infectious diseases on bilateral tourism flows among 38,184 pairs of countries over the period 1995–2017. The results confirm more...



Price: $18.00
This Changes Everything: Climate Shocks and Sovereign Bonds

Author/Editor: Serhan Cevik, João Tovar Jalles.

Release Date:June, 2020

Climate change is already a systemic risk to the global economy. While there is a large body of literature documenting potential economic consequences, there is scarce research on the link between more...



Price: $18.00
Taking Down the Wall: Transition and Inequality

Author/Editor: Serhan Cevik, Carolina Correa-Caro.

Release Date:February, 2020

This paper investigates the main determinants of income inequality in transition countries during the period 1990–2018. To this end, we address a major methodological challenge that lies at the more...



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Riding the Storm: Fiscal Sustainability in the Caribbean

Author/Editor: Serhan Cevik, Vibha Nanda.

Release Date:January, 2020

Fiscal sustainability remains a paramount challenge for small economies with high debt and greater vulnerability to climate change. This paper applies the model-based sustainability test for fiscal more...



Price: $18.00
Where Should We Go? Internet Searches and Tourist Arrivals

Author/Editor: Serhan Cevik.

Release Date:January, 2020

The widespread availability of internet search data is a new source of high-frequency information that can potentially improve the precision of macroeconomic forecasting, especially in areas with more...



Price: $18.00
Back to the Future: Fiscal Rules for Regaining Sustainability

Author/Editor: Serhan Cevik.

Release Date:November, 2019

This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation model to determine the optimal set of fiscal rules. The empirical analysis shows more...



Price: $18.00
Trinity Strikes Back: Monetary Independence and Inflation in the Caribbean

Author/Editor: Serhan Cevik, Tianle Zhu.

Release Date:September, 2019

Monetary independence is at the core of the macroeconomic policy trilemma stating that an independent monetary policy, a fixed exchange rate and free movement of capital cannot exist at the same more...



Price: $18.00
You Are Suffocating Me! Firm-Level Evidence on Crowding Out

Author/Editor: Serhan Cevik.

Release Date:April, 2019

Literature on whether government spending crowds out or crowds in the private sector is large, but still without an unambiguous conclusion. Using firm-level data from Ukraine, this paper provides a more...



Price: $18.00
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