Tarkan Cavusoglu Hacettepe University, Department of Public Finance, Beytepe, 06810, Ankara, Turkey   Hacettepe Universitesi Iktisadi ve İdari Bilimler Fakultesi Maliye Bolumu / Beytepe Kampusu Ankara, 06810 Turkiye   tarkan.cavusoglu@hacettepe.edu.tr             JEL Areas: F4 : Macroeconomic Aspects of International Trade and Finance: General C5 : Econometric Modeling: General