Afsin Sahin Curriculum Vitae

Afsin Sahin Curriculum Vitae Office Address: Department of Banking School of Banking and Insurance (Faculty of Law Building) Gazi University 06571. Besevler. Ankara. Turkey. Phone: Fax: E-mail: Web Page: +90 (312) 2162116 +90 (312) 2162111 afsinsahin@gazi.edu.tr http://websitem.gazi.edu.tr/afsinsahin Current Position and Professional Background April, 03, 2013 - present September, 27, 2012 December, 29, 2012 September, 10, 2012 present May, 2010 April, 2013 December, 2008 - May, 2010 December, 2008 - December, 2009 September, 2005 - December, 2008 March, 2004 - August, 2005 Associate Professor of Economics (with tenure), Department of Banking, School of Banking and Insurance, Gazi University, Ankara, Turkey. Visiting Research Scholar, Department of Economics, Andrew Young School of Policy Studies, Georgia State University, Atlanta, Georgia, United States of America. Vice Director, School of Banking and Insurance, Gazi University, Ankara, Turkey. Assistant Professor, Department of Banking, School of Banking and Insurance, Gazi University, Ankara, Turkey. European Union Expert, Ministry of Food, Agriculture and Livestock, Ankara, Turkey. Thesis Title: Single Farm Payment Scheme in the European Union and Harmonization of Turkey Military Service, Lieutenant, Turkish Land Forces Command, Agri, Turkey. Assistant European Union Expert, Ministry of Food, Agriculture and Livestock, Ankara, Turkey. Assistant Inspector/ Audit and Inspection Unit, in a private bank, Istanbul, Turkey. Education and Degrees March, 27, 2012 September, 2006 July, 2008 September, 2004 September, 2006 September, 2002 August, 2004 September, 1999 July, 2002 Doçent Associate Professor of Economics Philosophy Degree Dissertation Period Philosophy Degree Lesson Period Master of Arts Bachelor of Arts Inter-University Council, Ankara, Turkey. Selcuk University, Economics, Konya, Turkey Thesis Title: Sectoral Inflation Persistency Analysis on CPI and WPI in Turkey (Supported by Scientific Research Programme, Project No. 08203002) Marmara University, Economics, Istanbul, Turkey Gazi University, Economics, Ankara, Turkey Thesis Title: The Effects of Foreign Trade on Economic Growth Ihsan Dogramaci Bilkent University, Economics, Ankara, Turkey 1

1996-1999 High School Istanbul Ataturk Fen Lisesi (Istanbul Atatürk Science High School), Istanbul, Turkey 1992-1996 Middle High School American Collegiate Institute (ACI), Izmir, Turkey Main Research Interests Macroeconomics, Monetary Economics, Applied Econometrics. Languages English (fluent, YDS, as of April, 17, 2013, Score: B = 80/100), Turkish (native), Ottoman Turkish (intermediate), German (basic), French (basic). Teaching Experience Graduate Lectures 2013-2014 Fall: Monetary Economics, Managerial Economics Undergraduate Lectures 2013-2014 Spring: Erasmus Teaching Mobility, University of National and World Economy in Sofia, Bulgaria, March, 3, 2014 March, 08, 2014. (scheduled) 2013-2013 Fall: Monetary Economics (Graduate Course, 192002), Monetary Economics (BNK-306), Econometrics (BNK-301), International Economics (BNK-406), International Banking (BNK-401). 2012-2013 Spring: Money and Banking (PAB-230); Financial Econometrics (BNK-308); History of Money and Finance (BNK-315); Introduction to Economics (BSY-108). 2011-2012 Spring: Money and Banking (PAB-230); Macroeconomics (BNK-202); Introduction to Economics. 2011-2012 Fall: Financial Mathematics (BNK-205); Microeconomics (BNK-201). 2010-2011 Spring: Money and Banking (PAB-230); Economics (EKO-302); Introduction to Economics. 2010-2011 Fall: General Economics (TUR-121). Manuscripts in Preparation An Overview to the Interaction between Exchange Rate and SME s Liability Dollarization, work in progress. 2

Manuscripts under Review & Working Papers Unemployment by Education Status, Prices and Crime Relationship: Evidence from Turkey, with (Yunus Emre Karamanoglu and Yilmaz Akdi). Under review. Estimating Money Demand by a TAR Model: Evidence from Turkey. Paper is under review. Rethinking Interest Rate Volatility as a Macroprudential Policy Tool (with Burak Dogan and Hakan Berument). Paper is under review. Crude Oil Price and Exchange Rate Asymmetry for Petroleum Product Prices: Evidence from a Set of Northern Mediterranean Countries (with Serkan Şahin and Hakan Berument), Available at: http://ssrn.com/abstract=2215722 or http://dx.doi.org/10.2139/ssrn.2215722. Paper is under review. Projects Estimating Money Demand Function under Uncertainty by Smooth Transition Regression Model, Gazi University, Scientific Research Projects Programme, Project No. 53/2012-01, May, 2012 May, 2013. Sectoral Inflation Persistency Analysis on CPI and WPI in Turkey, Selcuk University Scientific Research Projects Coordination, Thesis Project, Project No. 08203002, 2008. Publications Refereed Journal Articles (Journals Listed in SSCI or SCI are marked with *) * Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective, forthcoming in Bulletin of Economic Research (with Aysit Tansel and Hakan Berument). "Output-Employment Relationship across the Employment Status: Evidence from Turkey" (with Hakan Berument and Aysit Tansel), forthcoming in Macroeconomics and Finance in Emerging Market Economies. The Determinants of Turkish Agricultural Employment, (with Sibel Cengiz and Gülbahar Atasever), Revista Tinerilor Economişti, Year: 9, Vol. 19, 2012: 174-189. "Comparison of the Main Macroeconomic Indicators for the High-Income OECD Countries with Area Biplot Method", (with Baris Alkan, Cemal Atakan), International Journal of Statistics and Economics, 9(A12), 2012: 13-33. * "The Real Exchange Rate and the Employment Market: Evidence for Turkey by Panel Cointegration Analysis" (with Sibel Cengiz), African Journal of Business Management, Vol. 5, No. 14, 2011: 5845-5854. 3

* An Identification of Monetary Policy Disturbances Using Non-borrowed Reserves for a Small-Open Economy: Turkey (with Hakan Berument and Selahattin Togay), Open Economies Review, Vol. 22, No. 4, 2011: 649-667. * Seasonality in Inflation Volatility: Evidence from Turkey (with Hakan Berument), Journal of Applied Economics, Vol. 13, No. 1, 2010: 39-65. * Examination of Relation between Nutrient Components and Fruits: Biplot Approach (with Baris Alkan and Cemal Atakan), International Journal of Food Sciences and Nutrition, Vol. 60, No. S1, 2009: 181-89. * The Index of Prices Received by the Farmers and, its Relationship to Aggregate Price Indices and the Exchange Rate, (with Yılmaz Akdi), İktisat, İşletme ve Finans, Year: 21, Issue: 252, 2007:116-126. (In Turkish). "Measuring Inequalities in the Distribution of Health Workers by Bi-plot Approach: The Case of Turkey" (with Baris Alkan and Cemal Atakan), Journal of Economics and Behavioral Studies, Vol. 2, No. 2, 2011: 57-66. "Dynamic Relationships in Meat Market" (with Ferhat Selli, Ahmet Bayaner and Yilmaz Akdi), Electronic Journal of Applied Statistical Analysis Vol. 4, No. 1, 2011: 83-90. New Evidence for Turkey on the Relationship between Defense Spending and Aggregate Output, (with Murat Cetinkaya), European Journal of Social Sciences, Vol. 13, No. 3, 2010: 437-462. Another Brick for the Aggregate Consumption Puzzle in Turkey (with Sibel Cengiz), International Research Journal of Finance and Economics, Vol. 45, August, 2010: 135-160. Analyzing the Newly Defined Industrial Production Index and its Sub-Groups by Bip-lot Approach, (with Baris Alkan) Journal of Yaşar University, Vol. 18, No. 5, 2010: 2958-2969. (In Turkish). The Effects of the 16 th Century Price Revolution and the Ottoman Iran Wars on the Ottoman Silk Industry, (with Sibel Cengiz), İşletme ve Ekonomi Araştırmaları Dergisi, Vol., 1, No. 1, 2010: 69-82. (In Turkish). The Effects of Government Spending on Economic Growth, (with Murat Cetinkaya), Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Sayı: 22, 2009: 105-115. (In Turkish). Seasonal Patterns of Inflation Uncertainty for the US Economy: an EGARCH Model Results, (with Hakan Berument and Nezir Kose), IUP Journal of Monetary Economics, Vol. 8, Issues: 1&2, 2010: 7-22. The Choice of Monetary Policy Tool(s) and Relative Price Variability: Evidence from Turkey (with Hakan Berument and Bedriye Saracoglu), Journal of Applied Sciences, Vol. 9, No. 12 2009 : 2238-2246. An Investigation of Inflation Persistency in Frequency-Domain: An Evidence from Turkey, Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 10, No. 4, 2009: 1-20. (In Turkish). 4

Estimation Sectoral Inflation Persistency in Time-Domain: An Application for Turkey, Finans Politik ve Ekonomik Yorumlar, 2009, Vol. 46, No. 537: 25-40. (In Turkish). Relationship between Trade Openness Ratio and Aggregate Output: An Application on Turkey (1989-2008) (in Turkish), Ekev Academic Review, Year: 13, Vol. 39, Spring, 2009: 1-18. (In Turkish). Cointegration Relationship between the Two Sides of the Electric Energy Sector (with Yilmaz Akdi and Cemal Atakan), Selcuk Journal of Applied Mathematics, Vol. 9, No. 2, 2008: 65-72. An Investigation on the Shuttle Trade Dynamics of a Small-Open-Economy (with Yilmaz Akdi and Cemal Atakan), International Journal of Economic Sciences and Applied Research, Vol. 1, No.2, December, 2008: 1-12. An Investigation on the Government Intervention in Wheat Market in Turkey, Icfai University Journal of Public Finance, Vol. 6, No. 4, 2008: 72-78. Day of the Week Effect on Foreign Exchange Market Volatility: Evidence from Turkey, (with Hakan Berument and Nejat Coskun), Research in International Business and Finance,Volume 21, Issue 1, January 2007: 87-97. The Foreign Debt Problem of Less Developed Countries and an Evaluation in the View of Economic Development, Finans Politik ve Ekonomik Yorumlar Dergisi, August, 2005, Year:42, Number: 497:27-40. (In Turkish). Theoretical Approaches to the Relationship between Foreign Trade and Economic Growth: An Evaluation of Turkish Economy 2000-2004, Finans Politik ve Ekonomik Yorumlar Dergisi,, August, 2004, Year: 41, Number: 485:5-20. (In Turkish). Single Farm Payment Scheme in the European Union and an Evaluation for Turkey (with Ali Berk), Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 10, No. 2, 2008: 197-219. In Turkish. Water Pricing Policies in Turkish Agriculture Sector, Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 9, No. 3, 2007: 97-109. (In Turkish). Wheat Yield Dynamics: A Structural Econometric Approach Pakistan Journal of Biological Sciences, (with Yilmaz Akdi and Fahrettin Arslan), Vol. 10, No. 20, 2007: 3533-3540. The Function of Rural Development Politics on Migration from Rural to Urban Fact in Turkey, (with Metin Saracogolu and I. Halil Duman), Ekev Academic Review, Year: 10, Number: 28, Summer, 2006. (In Turkish). An Evaluation of Agricultural Structure for European Union Membership (with Metin Saracoglu), Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 8, No. 4, 2006: 171-197. (In Turkish). 5

Books Notes on Economics, Savaş Publications Inc., Ankara Turkey, September, 2011. ISBN: 978-605-5662-98-1. (In Turkish). Book Chapters Book Translations Translation to Turkish team member of Applied Regression Analysis: A Research Tool, J.O. Rawlings, S.G. Pantula, D.A. Dickey, Springer Texts in Statsitics. Translation to Turkish team member of Finance Book. "Impact and Paradox of Information Technology: A Review Essay on the Financial Institutions" (with Goktug Sahin). Impact of IT Applications in Accounting and Finance, (Ed.) Chimun Kumar Nath, Global Publishing House, India, ISBN: 978-93-81563-20-5, 2013, pp. 53-87. "The Fuel vs. Food Dilemma: An Environmental Cost Discussion for Turkey" (with Sibel Cengiz), In: Climate Change and Impact on Lives and Livelihood Patters, (Ed.) Ram Krishna Mandal, Discovery Publishing House Pvt. Ltd. ISBN: 978-93-5056-150-8. New Delhi, India, April, 2012. "The Effects of Monetary Policy on the Stock Price Bubbles: A Case Study on Turkey" (in Turkish). In: Global Economic and Financial Crisis, (Ed.) Murat Çetinkaya, Nobel Publication Inc. ISBN: 978-605-5426-43-9. Ankara, Turkey, April, 2011: 107-155. (In Turkish). Cereals, In: Agricultural Sectoral Analysis in EU and Turkey, Agricultural Economics Research Institute, Ankara, Turkey, No. 152, ISBN 975-407-219-1, 2006: 63-90. (In Turkish). The chapter was written while I was working for the project Possible Economic Effects of Turkey s Harmonization of Agricultural Products to European Union, TÜBİTAK 1007 Research Group. Published Refereed Conference Presentations Estimating Money Demand Function under Uncertainty by Smooth Transition Regression Model. Paper presented by Afsin Sahin at 6 th Annual International Conference on Mediterranean Studies, 26-29 March 2013, Athens, Greece. Travel expenses and accomodation are supported by Gazi University Research Programme, Project No. 53/2012-01. Abstract Book, Athens, ATINER: ISBN: 978-960-9549-44-8. Modelling the Nonlinear Behavior of the Labor Force Participation Rate by STAR Models: An Application for Turkey, (with Sibel Cengiz). Paper presented by Sibel Cengiz at at 6 th Annual International Conference on Mediterranean Studies, 26-29 March 2013, Athens, Greece and at UEK-TEK 2012, Turkey, November, 1-3, 2012. Abstract Book, Athens, ATINER: ISBN: 978-960-9549-44-8, Athens, and ATINER's Conference Paper Series No. MDT2013-0382, ISSN 2241-2891. 6

Financial Stability and Macroprudential Policies. (in Turkish). 21. Yüzyılda Türkiye'de Sosyal Bilimler ve Toplum Sorunları Sempozyumu, 19-21 Mart 2013, Ankara Üniversitesi Rektörlüğü, 100. Yıl Salonu, Ankara. Paper is supported by Gazi University Research Programme, Project No. 53/2012-01. The Role of the Short-Run Interest Rate for Managing Expectations: Time Series Evidence from Turkey, 2001-2009 (with Göktuğ Şahin, Serdar Altınok, Afsin Sahin), IMAEF-2010, Ioannia Meeting on Applied Economics and Finance, June 10-11, 2010. "The Unemployment Rate as an Indicator of Welfare Loss" (with Sibel Cengiz). Paper presented by Sibel Cengiz at First Sosyal Bilimler Araştırmaları Konferansı, April, 16, 2011. Paper published in Ekonomi Bilimleri Dergisi, Vol. 3, No. 1: 135-144 by the conference committee. (In Turkish). An Empirical Evidence of the Consumption Function for Turkey (with Sibel Cengiz). Paper presented by Afsin Sahin at International Symposium V: Restructuring the Economy After the Global Crisis, Balıkesir Üniversitesi İktisadi ve İdari Bilimler Fakültesi and University of Finance and Management in Bialystok-Poland, Erdek, Balıkesir, May, 27, 2010. Paper published in Journal of Modern Accounting and Auditing, Vol. 7, No. 5, 2011: 524-532. "Biplot Representation of the Financial Investment Returns" (with Barış Alkan, Yılmaz Akdi, Cemal Atakan). Paper presented by Barış Alkan at the First International Conference on Critical Issues in Business and Economics (ICIBE), Gümüşhane, Turkey, 5-6 November 2009. Paper granted to be published by AB Review in What Others Manisfest The World Economy in the Theoretical Turbulence of Global Financial Crisis, (Eds.) İhsan Günaydın and Hilmi Erdoğan Yayla, 2010, ISBN/ISSN: 9786056134500, Gümüşhane University Press, Turkey. Inflation Convergence: Evidence from Turkey, (with Yilmaz Akdi). Paper presented by Afsin Sahin at International Conference on Applied Economics, Kastoria, Greece, 15-17 May. Proceedings of the conference are published by (Ed.) Nicholas Tsounis, TEI of Western Macedonia Press, 2008: 803-806. (The travel expenses had been covered by the TUBİTAK- 2224). Paper also selected to be published in Journal of European Economy, Vol. 7, Special Issue, 2008: 348-356 by the conference committee. Published Refereed Conference Abstracts Unemployment by Education Status, Prices and Crime Relationship: Evidence from Turkey, I. Araştırmacılar ve İstatistikçiler Kongresi (AİK 2013), Hacettepe University Department of Statistics, September, 12-13, 2013, Ankara. Paper was presented by Afsin Sahin. "Türkiye'de 2007 ve 2008 Yılları Arasında İşgücü Piyasasında Durum Geçiş Olasılıklarının Hesaplanması ve Çok Sınıflı Lojistik Regresyon Analizi ile Değerlendirilmesi" (with Gülser Pınar Yılmaz and Yılmaz Akdi). Presented by Gülser Pınar Yılmaz at 1. Ulusal Nüfusbilim Kongresi, Ankara, Turkey, December, 7-10, 2010. (In Turkish). "Fiyat İstikrarı ve Belirsizliğin Önlenmesi Açısından Değişik Fiyat Endeksleri Arası İlişkinin ve Buna Bağlı Enflasyon Dinamiğini Çözümlemenin Önemi: Türkiye Üzerine Bir Uygulama", (with Yılmaz Akdi), Presented by Afsin Sahin at Ankara Üniversitesi Fen 7

Fakültesi İstatistik Bölümü, 5. İstatistik Günleri Sempozyumu, May, 24-27, 2006, Antalya. (In Turkish). Papers in Non Refereed Journals Asset Backed Securities and Revenue Partnership Bills: Definition and an Evaluation According to Risk Management, Active Banking and Finance Periodical, September- October, 2005, Number: 44, ISSN 1301-9252:68-74 (In Turkish). Avian Influenza Virus and Effects on Poultry Sector, TekGıda-İş (with Emine Özlem Pidecioğlu), April, No. 99, 2008: 95-104. (In Turkish). Water Pricing Policies in European Union Agriculture Sector, Karinca Kooperatifcilik Postasi, Year: 72, Issue: 848, 2007: 2-6. (In Turkish). International Workshop Presentations "The Sources of Transition Probabilities in Turkish Employment Market: An Empirical Evidence for Overlapping Individual Data, 2007-2008", (with Gülser Pınar Yılmaz, Yılmaz Akdi). Paper presented by Afsin Sahin at Second Workshop in Macroeconomics and Financial Economics: Financial Crisis, Macroeconomic Policies, and Central Banking, East Mediterranean University, Department of Economics in Famagusta, North Cyprus, May 12-13, 2011. (Travel expenses had been covered by Gazi University). "Trade and Growth Nexus". Paper presented by Afsin Sahin at Openness and Growth Lessons for Transition and Development, Second Joint OEI/APB Summer Academy on Central and Eastern Europe: July, 13-17, 2010, organized by Osteuropa-Institut Regensburg and Akademie für Politische Bildung Tutzing (Travel expenses had been covered by Academy). International Workshops / Courses Attendance Economics Workshop: Innovation Led Growth, Human Capital, Bilkent University, Department of Economics, July, 23-24, 2013. 2013 Theme: Econometric Theory and Applications, Bilkent Annual Summer Workshop in Economics, Bilkent University Department of Economics, July, 1-2, 2013. Inequality, Social Protection and Inclusive Growth, GDN Annual Conference, Asian Development Bank Headquarters, Manila, The Philippines, 19-21 June 2013 (travel expenses and accommodation are supported by the Asian Development Bank (ADB) in Manila). "Common Agricultural Policy", Wageningen University Business School, Wageningen, The Netherlands and Brussels, Belgium, 5-18 October 2008. (Accommodation and travel expenses had been covered by the MTEC project). "Fiscal System in European Economy: 13th-18th Centuries, Istituto Internazionale Di Storia Economica 'F.Datini' ", Polo University, Prato/Italy, 22-26 April 2007. (Accommodation and the travel expenses had been covered by the F. Datini Institute). 8

Other Professional Duties Research Fellow of the Economic Research Forum, Cairo, Egypt, April, 2012 present. Board Member, School of Banking and Insurance, Gazi University, April, 2012 present. Mevlana Change Programme Unit Coordinator in Gazi University, April, 12, 2013 present. Erasmus Unit Coordinator in Gazi University, 2011 - present. Disabled Students Unit Coordinator in Gazi University, 2011 - present. Observer Panelist for Projects, TUBİTAK, June, 2012- Editorial Member and Reviewer for the academic journals. Memberships at Professional Organizations Athens Institute for Education and Research, Economic Research Unit, Athens, Greece, Member, March, 2013- Turkish Cooperation Association, May, 2013 Gazi University Sports Club, Member, February, 2012- Middle East Economic Association, Member, 2011- Social Science Research Network, SSRN, November, 2008- Society for the Study of Emerging Markets, SSEM, Member, 2007-2008 World Economics Association, Member, 2011- Awards Certificate of Appreciation for Erasmus Activities, 2013 Listed in Who is Who in the World 2014 Listed in Who is Who in the World 2013, Gazi University Publication Award (2012) Gazi University Publication Award (2012) Gazi University Publication Award (2011) TÜBİTAK Publication Support Award (UBYT) (2011) TÜBİTAK Publication Support Award (UBYT) (2011) TÜBİTAK Publication Support Award (UBYT) (2010) 9

TÜBİTAK Publication Support Award (UBYT) (2009) Updated as of September, 18, 2013. 10