Publications
Journals
Homeownership of Households in Turkey, (in Turkish with E. Ceritoğlu and A. Ganioğlu), 2022, Ekonomik Yaklaşım, [accepted].
Sunk Costs, Exports and Real Exchange Rates, (in Turkish with A. Atabek Demirhan), 2022, Doğuş University Journal, [accepted].
Sunk Cost Hysteresis in Turkish Manufacturing Exports, (with L. Werner), 2021, Metu Studies in Development, 48 (2), 121-154.
Determinants of Non-Core Liabilities of Banks in Emerging Markets in the Post-Crisis Era, (with N.K. Ekşi and O. Ekşi), 2021, Boğaziçi Journal , 35(1), 68-86.
Current Account Sustainability and Nonlinear Adjustment, (with J. Husein), 2021, Applied Economics Letters, DOI: 10.1080/13504851.2121.1917761
Fundamentals versus Speculation in Oil Market: The Role of Asymmetries in Price Adjustment?, 2020, Resources Policy, Vol. 67, August 2020.
Size and Sign Asymmetries in House Prices, 2019, Applied Economics, 51(48), 5268-5281.
Cross-Country Evidence on the Link between Job Security and Housing Credit, (with E. Karaçimen and A. A. Yavuz), 2019, Journal of Housing and Built Environment, 34(4), 947-963.
Mean-Reversion and Structural Change in European Food Prices, 2018, Central Bank Review, 18(4), 163-173.
Unemployment Hysteresis and Structural Change in Europe, 2017, Empirical Economics, 53(4), 1415-1440. (wp version)
Asymmetric Behaviour of Inflation around the Target in Inflation-Targeting Countries, 2015, Scottish Journal of Political Economy, 62 (5), 486-504. (wp version)
Threshold adjustment in the current account: sustainability for danger zone economies?, 2014, Applied Economics Letters, 21:14, 1006-1009. (wp version)
Non-core Liabilities as an Indicator of Systemic Risk and a Liquidity Stress Test Application on Turkish Banking System, (with B. D. Yıldırım), 2014, İktisat, İşletme ve Finans, 29(338), 39-66. (wp version)
Nonlinearities in CDS-Bond Basis, (with M. G. Chadwick), 2013, Emerging Markets Finance and Trade, 49(3), 6-19. 1)(wp version) (policy note version- in Turkish)
Short-term Inflation Forecasting Models for Turkey and a Forecast Combination Analysis, (with S.K. Alp, S. Başer, M.G. Chadwick, D. Ertuğ, T. Hülagü, F. Öğünç, U. Özmen, N.Tekatlı), 2013, Economic Modelling, 33, 312–325. (wp version)
Foreign Exchange Reserves In a Credit Constrained Economy, 2012, International Economics, 130, 59-79. ((wp version)
Foreign Exchange Reserve Demand: An Information Value Approach, 2010, Central Bank Review, 10(2), 33-44. (link)
Exchange Rates and Fundamentals: Is there a Role for Nonlinearities in Real Time?, (with Y. Aksoy), 2010, Quantitative and Qualitative Analysis in Social Sciences, 4 (2), 49-81. (wp version)
Sunk Costs, Exports and Real Exchange Rates, (in Turkish with A. Atabek Demirhan), 2022, Doğuş University Journal, [accepted].
Sunk Cost Hysteresis in Turkish Manufacturing Exports, (with L. Werner), 2021, Metu Studies in Development, 48 (2), 121-154.
Determinants of Non-Core Liabilities of Banks in Emerging Markets in the Post-Crisis Era, (with N.K. Ekşi and O. Ekşi), 2021, Boğaziçi Journal , 35(1), 68-86.
Current Account Sustainability and Nonlinear Adjustment, (with J. Husein), 2021, Applied Economics Letters, DOI: 10.1080/13504851.2121.1917761
Fundamentals versus Speculation in Oil Market: The Role of Asymmetries in Price Adjustment?, 2020, Resources Policy, Vol. 67, August 2020.
Size and Sign Asymmetries in House Prices, 2019, Applied Economics, 51(48), 5268-5281.
Cross-Country Evidence on the Link between Job Security and Housing Credit, (with E. Karaçimen and A. A. Yavuz), 2019, Journal of Housing and Built Environment, 34(4), 947-963.
Mean-Reversion and Structural Change in European Food Prices, 2018, Central Bank Review, 18(4), 163-173.
Unemployment Hysteresis and Structural Change in Europe, 2017, Empirical Economics, 53(4), 1415-1440. (wp version)
Asymmetric Behaviour of Inflation around the Target in Inflation-Targeting Countries, 2015, Scottish Journal of Political Economy, 62 (5), 486-504. (wp version)
Threshold adjustment in the current account: sustainability for danger zone economies?, 2014, Applied Economics Letters, 21:14, 1006-1009. (wp version)
Non-core Liabilities as an Indicator of Systemic Risk and a Liquidity Stress Test Application on Turkish Banking System, (with B. D. Yıldırım), 2014, İktisat, İşletme ve Finans, 29(338), 39-66. (wp version)
Nonlinearities in CDS-Bond Basis, (with M. G. Chadwick), 2013, Emerging Markets Finance and Trade, 49(3), 6-19. 1)(wp version) (policy note version- in Turkish)
Short-term Inflation Forecasting Models for Turkey and a Forecast Combination Analysis, (with S.K. Alp, S. Başer, M.G. Chadwick, D. Ertuğ, T. Hülagü, F. Öğünç, U. Özmen, N.Tekatlı), 2013, Economic Modelling, 33, 312–325. (wp version)
Foreign Exchange Reserves In a Credit Constrained Economy, 2012, International Economics, 130, 59-79. ((wp version)
Foreign Exchange Reserve Demand: An Information Value Approach, 2010, Central Bank Review, 10(2), 33-44. (link)
Exchange Rates and Fundamentals: Is there a Role for Nonlinearities in Real Time?, (with Y. Aksoy), 2010, Quantitative and Qualitative Analysis in Social Sciences, 4 (2), 49-81. (wp version)
Policy Notes and Blog Articles
Trends in Exports of Basic Metals, (in Turkish with M.G.Chadwick, H. Saygılı, Ş. Saygılı), 2019, CBRT Research Notes in Economics, 19/14.
Do Cyclical Fluctuations Have a Permanent Effect on Employment?, CBRT Blog, November 2018
Factors Affecting FDI Decisions, (with H. Saygılı), CBRT Blog, June 2018.
Adjustment Pattern of CDS Bond Basis, (in Turkish with M. G. Chadwick), CBRT Research Notes in Economics, 12/01.
Do Cyclical Fluctuations Have a Permanent Effect on Employment?, CBRT Blog, November 2018
Factors Affecting FDI Decisions, (with H. Saygılı), CBRT Blog, June 2018.
Adjustment Pattern of CDS Bond Basis, (in Turkish with M. G. Chadwick), CBRT Research Notes in Economics, 12/01.