 | Peering Through the Fog of Uncertainty: Out-of-Sample Forecasts of Post-Pandemic Tourism Author/Editor: Serhan Cevik. Release Date:March, 2023 This paper uses an augmented gravity model framework to investigate the historical impact of infectious diseases on international tourism and develops an out-of-sample prediction model. Using more...
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| Bubble Detective: City-Level Analysis of House Price Cycles Author/Editor: Serhan Cevik, Sadhna Naik. Release Date:February, 2023 This paper investigates house price dynamics at high frequency using city-level observations during the period 1994-2022 in Lithuania. We employ multiple time series-based econometric procedures to more...
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| Good Will Hunting: Do Disasters Make Us More Charitable? Author/Editor: Serhan Cevik. Release Date:February, 2023 Humans are usually compassionate, caring and empathetic toward others, but are we really hardwired for altruism when a disaster hits? There is evidence that people exposed to natural disasters tend more...
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| Here Comes the Change: The Role of Global and Domestic Factors in Post-Pandemic Inflation in Europe Author/Editor: Mahir Binici, Samuele Centorrino, Serhan Cevik, Gyowon Gwon. Release Date:December, 2022 Global inflation has surged to 7.5 percent in August 2022, from an average of 2.1 percent in the decade preceding the COVID-19 pandemic, threatening to become an entrenched phenomenon. This paper more...
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| Show Me the Money: Tracking Consumer Spending with Daily Card Transaction Data During the Pandemic Author/Editor: Serhan Cevik. Release Date:December, 2022 The COVID-19 pandemic has been an unprecedented shock to economic activity with abrupt and unexpected changes in household consumption behavior. This paper investigates how the spread of the pandemic more...
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| Don't Look Up: House Prices in Emerging Europe Author/Editor: Serhan Cevik, Sadhna Naik. Release Date:December, 2022 This paper investigates how housing prices respond to economic, financial and demographic conditions in emerging markets in Europe. We use quarterly data covering 10 countries over the period more...
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| Chasing the Sun and Catching the Wind: Energy Transition and Electricity Prices in Europe Author/Editor: Serhan Cevik, Keitaro Ninomiya. Release Date:November, 2022 European power markets are in the midst of unprecedented changes, with a record-breaking surge in energy prices.This paper investigates the impact of green power resources on the level and volatility more...
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| Climate Change and Energy Security: The Dilemma or Opportunity of the Century? Author/Editor: Serhan Cevik. Release Date:September, 2022 This paper investigates the connection between climate change and energy security in Europe and provides empirical evidence that these issues are the two faces of the same coin. Using a panel of 39 more...
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| Dirty Dance: Tourism and Environment Author/Editor: Serhan Cevik. Release Date:September, 2022 Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global GDP. But it has also created a number of challenges including environmental more...
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| Waiting for Godot? The Case for Climate Change Adaptation and Mitigation in Small Island States Author/Editor: Serhan Cevik. Release Date:September, 2022 Global warming is the most significant threat to ecosystems and people's health and living standards, especially in small island states in the Caribbean and elsewhere. This paper contributes to the more...
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