Kucuksarac, Doruk; Ozlu, Pinar; Unalmis, Deren - In: Central Bank Review 12 (2012) 2, pp. 25-35
This study investigates whether the response of Turkey to the common shocks during financial crises has changed or not (i.e. tests for shift-contagion) relative to a wide group of other emerging countries for the period 2002:01-2011:10. The shift contagion tests indicate that the adverse effects...