general equilibrium model, suggest that Turkey would have experienced a significantly lower inflation rate, with only a small …In 1980 Turkey embarked on a far-reaching stabilization and liberalization program, which contributed to export …

polices are tools complementary to the monetary policy rate that can largely reduce inflation and output volatility in a …

We isolate a U.S. dollar currency premium by comparing corporate bonds issued in the dollar and the euro by firms o … without a currency hedge and about the same with a currency hedge when compared to the euro. This observed parity in currency … mix of their debt issuance depending on the relative borrowing cost between dollar and euro debt. In sum, the …

the Canadian USD and the Euro; (iii) oil price shocks play a particularly important role for the Canadian USD (an oil …