AHMET FARUK AYSAN Department of Economics Boğaziçi University 34342 Bebek, Istanbul, Turkey Phone: 90-212-359 76 39 Fax: 90-212-287 24 53 Email: ahmet.aysan@boun.edu.tr http://econpapers.repec.org/ras/pay39.htm Last Update: September 2011 ACADEMIC DEGREES Doçent (Associate Professor), Interuniversity Council, Turkey, January 2008. Ph.D. Economics, University of Maryland College Park, 2005 M.A. Economics, University of Maryland College Park, 2001 B.A. Economics, Bogazici University, Istanbul, Turkey, 1999, High Honor Student PROFESSIONAL EXPERIENCE Current Positions Associate Professor, Department of Economics, Boğaziçi University, April 2009-present Consultant, Central Bank of the Republic of Turkey (2007-) Research Associate, The Center for Research on Globalization and Democratic Governance (GLODEM) (2010-) European Commission, National Expert in Socio-Economic Sciences and Humanities under the Seventh Framework Programme (2009-) Advisory Board Member, TÜBİTAK Sosyal ve Beşeri Bilimler Araştırma Destek Grubu (SOBAG) (2010-) Research Associate, Center for Economics and Econometrics, Bogazici University (2005- Steering Committee Member, Researchers Alliance for Development (2007-) Associate Editor, Central Bank Review (2010-) Associate Editor, International Research Journal of Applied Finance (2010-) Editorial Board Member, Emerging Market Trade and Finance (2010-) Editorial Board Member, Eurasian Economic Review (2009-) Editorial Advisory Board Member, Journal of Money, Investment and Banking (2007-)
Advisory Board Member, BDDK Journal of Banking and Financial Markets (BDDK Bankacılık ve Finansal Piyasalar Dergisi) (2007-) Editorial Board Member, Applied Economics and Policy Analysis (2008-) Editorial Board Member, International Journal of Economic Research (2008-) Academic Scientific Board, Enerji, Piyasa ve Düzenleme (Energy, Market and Regulation) (2008-) Past Positions Held G-20 Financial Safety Net Experts Group Member (2010) Visiting Faculty, Boston University and Suffolk University, Spring 2010 Assistant Professor, Department of Economics, Bogazici University (2005-2009) Instructor, Department of Economics, University of Maryland College Park (2002-2005) Teaching Assistant, Department of Economics, University of Maryland College Park (1999-2002) Consultant: World Bank DC, Summer 2004 to 2005. Working on a paper to analyze the role of governance and institutions on private investment. Consultant: World Bank DC, Summer 2003. Worked on a project that analyzes the determinants of private investment especially in MENA region and co-authored a paper "How to Boost Private Investment in Middle East and North Africa? The Role of Economic Reforms" Summer Intern: World Bank DC, June 2001 to December 2001. Worked as a research assistant on a project Human Capital in Transition: New Technologies, Institutions and Returns to Skills in Post-Communist Economies Summer Intern: World Bank DC, Summer 2001. Worked as a research assistant on a project, Effects of Fiscal Decentralization on Private Sector Development in Russia for Responsible for literature review, running regressions and presenting the results as reports. FIELDS OF SPECIALIZATION Primary: Macroeconomics, International Finance, Political Economy in Macroeconomics, Banking, & Finance, Credit Cards Secondary: Econometrics, Open Economy Macroeconomics, Governance, Growth & Development AWARDS, HONORS, FUNDED PROJECTS 2
Ibn Khaldun Prize for the best paper on any subject in any North African or Middle Eastern Country or Countries Granted in 2009 by Middle East Economic Association Consumer Behavior in Credit Card Market and Competition (Kredi Kartı Piyasalarında Tüketici Davranışları ve Rekabet), TÜBİTAK Bilimsel ve Teknolojik Araştırma Projelerini Destekleme Programı (1001), SOBAG Proje No: 107K442 Proje Yöneticisi, 2008-2009. Boğaziçi University Foundation Publication Awards, 2007, 2008, 2009, 2010, 2011 Boğaziçi University Foundation Academic Promotion Award, 2006, 2007, 2008, 2009, 2010, 2011 Economic Research Forum (ERF), 17th Annual Conference, 20-22 March 2011, Antalya, Turkey, The Effects of Convergence in Governance on Capital Accumulation in the Black Sea Economic Cooperation Countries Economic Research Forum (ERF), 17th Annual Conference, 20-22 March 2011, Antalya, Turkey, The Role of Simultaneous Regulations of Credit Services and Payment Services on Competition Economic Research Forum (ERF), 16th Annual Conference, 07-09 November 2009, Cairo Egypt, "Non-Price Competition in Credit Card Markets: Evidence from an Emerging Economy" Economic Research Forum (ERF), 13th Annual Conference, 16-18 December 2006, Kuwait, Governance Institutions and Private Investment: An Application to the Middle East and North Africa The Scientific and Technological Research Council of Turkey (TUBITAK) Support for Presenting Paper in International Conference: Eighth International Network for Economic Research (INFER) Annual Conference September 22-24 2006, Cork, Ireland, Governance and Private Investment in the Middle East and North Africa The Annual Bank Conference on Development Economics (ABCDE) Support Grant 2006 funded by the Japanese Ministry of Finance and the World Bank, Tokyo Japan. Boğaziçi University Research Project Awards. #08C103 (2008), Kredi Kartı Piyasalarında Tüketici Davranışları ve Rekabet #06C104 (2006), Özel Yatırım Harcamaları ve Yönetişim İlişkisi: Kurumların Özel Yatırımlardaki Rolünün Orta Doğu ve Kuzey Afrika Ülkeleri Örneğinde İncelenmesi #09C105P (2009), How Does the Increasing Volume of Interbank Funds Affect Bank Efficiency? Boğaziçi University Foundation Travel Grants, 2006, 2007, 2008, 2009, 2010, 2011. 3
Travel Grants of Economics Department, University of Maryland College Park, March and April 2005. Jacob K. Goldhaber Travel Grant, University of Maryland College Park, September, 2003. Graduate Assistantship Fellowship, University of Maryland College Park, 1999-2005. Graduated from Bogazici University, Istanbul, Turkey in 1999 as a High Honor Student Placed to the Bogazici University as being among the 0.1 per cent in University Entrance Exam (similar to SAT) 1994. CONFERENCE AND WORKSHOP ORGANIZATIONS Conference Organization: Boğaziçi University Center for Economics and Econometrics Conference on the Rethinking Governance, Institutions and Democracy, 19 July 2011, Boğaziçi University Conference Organization: Boğaziçi University Center for Economics and Econometrics Conference on the Transformation of the Turkish Economy, 20 December, 2010 Boğaziçi University Session Organization: IMF-World Bank Annual Meetings, Washington DC April 2010, Confronting the New Fiscal Challenges Ahead: Stability and Resilience in Global Financial Market Member of Local Organizing Committee: Milas, July 16-18, 2010, The Society for the Study of Emerging Markets EuroConference 2010 Session Organization: IMF-World Bank Annual Meetings, Istanbul October 2009, Session Organization, Evolving Financial Market Regulation on the Face of Global Financial Crisis: Lessons from Turkish Experience PUBLICATIONS BOOKS Türkiye de Kredi Kartı Piyasası (Credit Cards market in Turkey) edited volume in Turkish, Central Bank of Republic Turkey 2011 Determinants of Turkish Exports: Competitiveness and Unit Labor Cost, VDM Verlag., ISBN 978-3-639-14584-7, 2009 (joint with Y. Hacihasanoğlu) ARTICLES Global Crisis and Net Interest Rate Margin in a Time of Trouble: What Matters More for an Emerging Market Economy? Forthcoming in Frank Columbus (eds), Banking in a 4
Time of Troubles Nova Science Publishers, NY, USA (joint with C. H. Dalgic, M. Demirci) Assessing the Adverse Effects of Interbank Funds on Bank Efficiency through Using Semiparametric and Nonparametric Methods Forthcoming in Meryem Fethi, Chrysovalantis Gaganis, Fotios Pasiouras and Constantin Zopounidis (eds), Global Trends in the Efficiency and Risk Management of Financial Services" Nova Science Publishers, NY, USA (joint with G. Ertek, S. Ozturk) "Interaction Between Payment Services and Credit Services in Credit Card Markets", Forthcoming in Tamer Çetin and Fuat Oğuz (eds), Regulation and Competition in the Turkish Banking and Financial Markets, Nova Science Publishers, NY, USA (joint with G. G.Akin, G.Gollu, L. Yildiran) "Panel Stochastic Frontier Analysis of Profitability and Efficiency of Turkish Banking Sector in the Post Crises Era" Forthcoming in the Journal of Business Economics and Management, 2011 (joint with M.M. Karakaya, M. Uyanik) Non-Price Competition in Credit Card Markets Through Bundling and Bank Level Benefits, Contemporary Economic Policy, Vol. 29, 4, pp. 593 604, 2011 (joint with G. G.Akin, G.I Kara, L. Yildiran) The Effects of Convergence in Governance on Capital Accumulation in the Black Sea Economic Cooperation Countries, Mehmet Ugur and David Sunderland (eds) Does Governance Matter? Governance Institutions and Outcomes, Edward-Elgar, pp. 119-138, 2011 (joint with O. F. Baykal, M. A.Veganzones) Editorial Intrdoction, (Editörün Girisi: Neden Bu Kitaptaki Çalısmalar), Ahmet Faruk Aysan (eds), Türkiye de Kredi Kartı Piyasası (Credit Cards market in Turkey), Central Bank of Republic Turkey 2011. Questions and Issues in Credit card Market in Turkey (Türkiye Kredi Kartı Piyasası: Sorular, Sorunlar) Ahmet Faruk Aysan (eds), Türkiye de Kredi Kartı Piyasası (Credit Cards market in Turkey), Central Bank of Republic Turkey 2011. Is Simultaneous Regulation of Credit Services and Payment Services of Credit Cards Possible? Evidence from Turkey, Proceedings of the 2011 Midwest Finance Association Annual Meeting (joint with G. G.Akin, D.Borici, L. Yildiran) Structural Changes and Completion in Banking Sector (Bankacılık Sektöründe Yapısal Gelişmeler ve Rekabet) Collected talks of BRSA Conference for the Celebration of 10th Anniversary of Establishment of the Banking Regulation and Supervision Agency, September 16 2010, Ankara Turkey. Efficiency of Banking in Turkey before and after the Crises, Banks and Banks System, Vol.5-2, 179-198, 2010 (joint with S. P. Ceyhan) The Failure of Price Competition in The Turkish Credit Card Market, Emerging Market Trade and Finance, Vol.46, 23-35, 2010 (joint with G. G.Akin, G.I Kara, L. Yidiran) 5
The G-20: A "Global Economic Government" in the Making?, Country Fact Sheet Turkey, Friedrich-Ebert-Stiftung, Christoph Pohlmann, Stephan Reichert, Hubert René Schillinger (eds), pp. 57-58, 2010 Regulation of Credit Services and Payment Services of Credit Cards In Turkey Proceedings of 11. National Econometrics and Statistics Symposium (11. Ulusal Ekonometri ve İstatistik Sempozyumu) pp. 231-252, 2010 (joint with G. G.Akin, D. Borici, L. Yidiran) Banking Sector (Bankacılık Sektörü), Turkish Economy New Structure (Türkiye Ekonomisi Yeni Yapı), N.Özkaramete Coşkun (eds.) İmaj Yayınevi, pp. 83-112, 2009 "Transformation of the Turkish Financial Sector in the Aftermath of the 2001 Crisis", Turkish Economy in the Post-Crisis Era: the New Phase of Neo-Liberal Restructuring and Integration to the Global Economy, Z. Onis, and F. Senses (eds.) Routledge, pp. 73-100, 2009 (joint with G. G.Akin, L. Yidiran) Uncertainty, Economic Reforms and Private Investment in the Middle East and North Africa, the Applied Economics, Vol.41, pp. 1379-1395, 2009 (joint with G. Pang and M- A. Veganzones-Varoudakis) Do Political and Governance Institutions Matter for Private Investment Decisions?: The Case of the Middle East and North Africa, Economic Performance in the Middle East and North Africa: Institutions, Corruption and Reform, in S. Sayan (eds.) London: Routledge-Curzon, pp.94-109, 2009 (joint with M-A Veganzones-Varoudakis) Administrative Quality, Structural Reforms and Capital Accumulation in Developing Countries, Economics of Developing Countries in Tiago N. Caldeira (ed.) New York, Nova pp.79-104, 2009 (joint with M. S. B. Budak) Political Authoritarianism, Credibility of Reforms and Private Sector Development in the Middle East and North Africa, Revue d'économie du développement, Vol.22, No.5, pp. 5-36, 2008 (joint with M.K. Nabli and C. Silva-Jauregui) Autoritarisme politique, crédibilité des réformes et développement du secteur privé au Moyen-Orient et en Afrique du Nord, Revue d'économie du développement, Vol.22, No.3, pp. 49-85, 2008 (joint with M.K. Nabli and C. Silva-Jauregui) Globalization of Turkey's Banking Sector: Determinants of Foreign Bank Penetration in Turkey, The International Research Journal of Finance and Economics, Vol.15, No.15, pp. 90-102, 2008 (joint with Ş. P. Ceyhan) Regulation and Competition in Credit Card Market in Turkey, (in Turkish Türkiye de Kredi Kartı Sektöründe Yasal Düzenlemeler ve Rekabet ), The Journal of Economy, Business and Finance (İktisat, İşletme ve Finans Dergisi) Vol.23, No.265, pp.34-49, 2008 (joint with L.Yıldıran, G. Kara, A. Müslim, U. Dur) 6
"Structural Change and Efficiency of Banking in Turkey: Does the Ownership Matter?, Topics in Middle Eastern and North African Economies, MEEA Online Journal, Vol. 10, 2008 (joint with Ş. P. Ceyhan) Does the Perception of Governance Institutions Matter for Private Investment: The Case of Middle East and North Africa?, The INFER Research Perspectives, Public Finance, Monetary Policy and Market Issues E. Shinnick (eds.), LIT Verlag, Berlin, pp.69-101, 2008 (joint with Z. Ersoy and M-A Veganzones-Varoudakis) What Determines the Banking Sector Performance in Globalized Financial Markets: The Case of Turkey?, Physica A: Statistical Mechanics and its Applications, Vol.387, No.7, pp.1593-1602, 2008 (joint with Ş. P. Ceyhan) Distributional Effects of Temporary Exchange Rate Based Stabilization Programs under Financial Frictions, Indian Development Review, Vol.6, No.2, pp.153-169, 2008 Special Issue on Turkish Economy, Editorial Introduction, Asian-African Journal of Economics and Econometrics, Vol. 8, No.1, pp 1-4., 2008 Assessment of Growth Rates of Export and Unit Labor Cost: Turkey Compared With Hungary, Poland, Czech Republic And Slovakia, Asian-African Journal of Economics and Econometrics, Vol. 8, No.2, pp. 281-301, 2008 (joint with B. Dincsoy) The Export Competitiveness of Turkey Compared with Other Eastern European Countries, Asian-African Journal of Economics and Econometrics, Vol. 8, No.2, pp. 221-253, 2008 (joint with F. Bektaş and Y. Hacihasanoğlu) Governance Institutions and Private Investment, Breaking the Barriers to Higher Economic Growth: Better Governance and Deeper Reforms in the Middle east and North Africa M.K. Nabli (eds.), pp. 423-463, 2007 World Bank (joint with M.K. Nabli and M- A Veganzones-Varoudakis) Concentration, Competition, Efficiency and Profitability of the Turkish Banking Sector in the Post-Crises Period, Banks and Bank Systems, Vol. 2, No. 3, pp.106-115, 2007 (joint with A. Güneş and O.F. Abbasoğlu) Authoritarianism, Credibility of Reforms, and Private Sector Development in the Middle East and North Africa, Institutions and Economic Development Selected Papers From ERF 14 th Annual Conference, Economic Research Forum 2008 (joint with M. Nabli and C. Silva-Jauregui) Exchange Rates, Stabilisation Policy and Distribution of Income, The Margin: the Journal of Applied Economic Research, Vol.1, No.3, pp.267-298, 2007 Investigation on the Determinants of Turkish Export-Boom in 2000s, The Journal of International Trade and Diplomacy, Vol. 1, No. 2, pp.159-202, 2007 (joint with Y. Hacihasanoğlu) 7
The Regulation of the Credit Card Market in Turkey, The International Research Journal of Finance and Economics, Vol.2, No.11, pp. 141-154, 2007 (joint with L. Yıldız) Governance Institutions and Private Investment: An Application to the Middle East and North Africa, Developing Economies, Vol. 45, No. 3, pp. 339-377, 2007 (joint with M.K. Nabli and M-A Veganzones-Varoudakis) "What Types of Perceived Governance Indicators Matter the Most for Private Investment in Middle East and North Africa", Economics Bulletin, Vol. 5, No. 8, pp. 1-16, 2007 (joint with Z. Ersoy and M-A Veganzones-Varoudakis) The Rising Concepts of Governance and Institutions in Economics: A Methodological Assessment of the Literature (Yönetişim ve Kurumlar Kavramlarının İktisat Literatüründeki Yükselişi Üzerine Bir Değerlendirme), Uluslararası Ekonomi ve Dış Ticaret Politikaları, Vol. 1, No. 2, pp. 27-52, 2007. Do the Weaknesses in the Quality of Public Governance Explain Low Private Investment in Middle East and North Africa?, Asian-African Journal of Economics and Econometrics, Vol. 7, No.1-2, pp. 211-235, 2007 (joint with M.K. Nabli and M-A Veganzones-Varoudakis) The Effects of Volatility on Growth and Financial Development through Capital Market Imperfections, the METU Studies in Development, Vol. 34, No.1, 2007, pp.1-18, 2007 Why Do Foreign Banks Invest in Turkey?, Asian-African Journal of Economics and Econometrics, Vol. 7, No. 1-2, pp. 65-80, 2007 (joint with Ş. P. Ceyhan) An Empirical Examination of Price Competition in the Turkish Credit Card Market, the Topics in Middle Eastern and North African Economies, MEEA Online Journal, Vol. 9, 2007 (joint with A. Muslim) Internationalization of the Financial Sector: Issues and Impacts on Turkey, in Globalization and Global Knowledge Economy of the International Conference of Business, Management and Economics Proceedings Vol.1, pp.111-124, 2006, (joint with Ş. P. Ceyhan) Graduate Macroeconomics Education In Leading Ph.D Programs In Economics, (in Turkish), The Journal of Economy, Business and Finance (İktisat, İşletme ve Finans Dergisi) Vol.21, No.247, pp.28-43, 2006 (joint with Y. Hacihasanoğlu, G. Kara, A. Sumer) Assessing the Preconditions in Establishing an Independent Regulatory and Supervisory Agency in Globalized Financial Markets: The Case of Turkey, International Journal of Applied Business and Economic Research. Vol.4, No.2 pp 125-146, 2006. (joint with H. Al) Are Governance Institutions Responsible for Deficient Private Investment in the Middle East and North Africa?, International Management Development Research Yearbook, K. Erdener & H. Talha (eds.), Vol.15, pp. 124 130, 2006, International Management 8
Development Press, Hummelstown, Pennsylvania, USA. (joint with M.K. Nabli and M-A Veganzones-Varoudakis) Assessing the Competition in the Credit Card Market in Turkey: A New Empirical Evidence, International Management Development Research Yearbook, K. Erdener & H. Talha (eds.), Vol.15, pp. 147 154, 2006, International Management Development Press, Hummelstown, Pennsylvania, USA. (joint with A. Muslim) "How to Boost Private Investment in the MENA Countries: The Role of Economic Reforms", Topics in Middle Eastern and North African Economies, MEEA Online Journal, Vol. 7, 2005 (joint with G. Pang and M-A Veganzones-Varoudakis) Neoliberal Globalization, The Nation-State and Financial Crises in the Semi-Periphery: A Comparative Analysis, Third World Quarterly, February 2000, Vol. 21, No.1, pp. 119-139. (joint with Ziya Onis) This paper is also a chapter in "For New World Order series- Vol. 25: International Monetary Interdependence" PAPERS Non-Price Competition in Credit Card Markets Through Bundling and Bank Level Benefits, ERF Working Paper 562, Economic Research Forum 2010 (joint with G. G.Akin, G.I Kara, L. Yidiran) Authoritarianism, Credibility of Reforms, and Private Sector Development in the Middle East and North Africa, ERF Working Paper 443, Economic Research Forum 2008 (joint with M.K. Nabli and M-A Veganzones-Varoudakis) The Role of Governance Institutions in Private Investment Decisions: The Case of Middle East and North Africa, ERF Working Paper 384, Economic Research Forum 2008 (joint with M. Nabli "The Competitiveness of Turkey with Respect to the Slovak Republic for the 1995-1999 Period," MPRA Paper 5496, University Library of Munich, Germany. (joint with Y. Hacihasanoğlu) Governance and Private Investment in the Middle East and North Africa, World Bank Policy Research Working Paper Series, 3934, June 2006 (joint with M.K. Nabli and M-A Veganzones-Varoudakis) What Determines the Banking Sector Performance in Globalized Financial Markets: The Case of Turkey? Boğaziçi University Research Papers, ISS/EC 2007-21, Istanbul, (joint with Ş. P. Ceyhan) Concentration, Competition, Efficiency and Profitability of the Turkish Banking Sector in the Post-Crises Period Boğaziçi University Research Papers, ISS/EC 2007-20, Istanbul, (joint with A. Güneş, O.F. Abbasoğlu) Investigation on the Determinants of Turkish Export-Boom in 2000s Boğaziçi University Research Papers, ISS/EC 2007-19, Istanbul, (joint with Y. Hacihasanoğlu) 9
Market Disciplining Role of Crisis on The Restructuring of the Turkish Banking Sector Boğaziçi University Research Papers, ISS/EC 2007-18, Istanbul, (joint with Ş. P. Ceyhan) Regulations and Competition in Credit Card Market in Turkey, Boğaziçi University Research Papers, ISS/EC 2007-06, Istanbul, (joint with U. Dur, G.I. Kara, A.N. Müslim, L. Yıldıran) How Do Political and Governance Institutions Affect Private Investment Decisions? An Application to the Middle East and North Africa, Boğaziçi University Research Papers, ISS/EC 2007-05, Istanbul, (joint with M-A Veganzones-Varoudakis) Cost of Labor in Manufacturing Sectors of Turkey Compared with Other Transition Countries: Hungary, Poland, Czech Republic and Slovakia, Boğaziçi University Research Papers, ISS/EC 2007-04, Istanbul, (joint with B. Dinçsoy) Does the Perception of Governance Institutions Matter for Private Investment: The Case of Middle East and North Africa?, Boğaziçi University Research Papers, ISS/EC 2007-03, Istanbul, (joint with Z. Ersoy and M-A Veganzones-Varoudakis) Export Competitiveness of Turkey: The New Rising Sectors in Turkey and Comparison with Eastern European Countries, Boğaziçi University Research Papers, ISS/EC 2007-02, Istanbul, (joint with F. Bektaş) What Types of Perceived Governance Indicators Matter the Most for Private Investment in Middle East and North Africa, Boğaziçi University Research Papers, ISS/EC 2007-01, Istanbul, (joint with Z. Ersoy and M-A Veganzones-Varoudakis) Why Do Foreign Banks Invest in Turkey?, Boğaziçi University Research Papers, ISS/EC 2006-22, Istanbul, (joint with Ş. P. Ceyhan) The Regulation of the Credit Card Market in Turkey, Boğaziçi University Research Papers, ISS/EC 2006-21, Istanbul, (joint with L. Yıldız) Globalization of Turkey s Banking Sector: The Determinants of Foreign Bank Penetration in Turkey ; Boğaziçi University Research Papers, ISS/EC 2006-20, Istanbul, (joint with Ş. P. Ceyhan) Assessing the Preconditions in Establishing an Independent Regulatory and Supervisory Agency in Globalized Financial Markets: The Case of Turkey Boğaziçi University Research Papers, ISS/EC 2006-06, Istanbul (joint with H. Al) Uncertainty, Economic Reforms and Private Investment in the Middle East and North Africa, Boğaziçi University Research Papers, ISS/EC 2006-07, Istanbul (joint with G. Pang and M-A Veganzones-Varoudakis) Graduate Macroeconomics Education In Leading Ph.D Programs In Economics, (in Turkish), Boğaziçi University Research Papers, ISS/EC 2006-15, Istanbul (joint with Y. Hacihasanoğlu, G. Kara, A. Sumer) 10
The Failure of Competition in the Credit Card Market in Turkey: The New Empirical Evidence, Boğaziçi University Research Papers, ISS/EC 2006-09, Istanbul (joint with A. Müslim) An Investigation on the Rise of Governance and Institution Concepts in Economics Literature, (in Turkish), Boğaziçi University Research Papers, ISS/EC 2006-16, Istanbul. The Role of Efficiency of Redistributive Institutions on Redistribution: An Empirical Assessment, Boğaziçi University Research Papers, ISS/EC 2006-14, Istanbul. Governance Institutions and Private Investment: An Application to the Middle East and North Africa, Boğaziçi University Research Papers, ISS/EC 2006-08, Istanbul (joint with M.K. Nabli and M-A Veganzones-Varoudakis) "The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution", Boğaziçi University Research Papers, ISS/EC 2006-13, Istanbul. The Effects of Volatility on Growth and Financial Development through Capital Market Imperfections, Boğaziçi University Research Papers, ISS/EC 2006-12, Istanbul. Distributional Effects of Temporary Exchange Rate Based Stabilization Programs under Financial Frictions, Boğaziçi University Research Papers, ISS/EC 2006-10, Istanbul. The Role of Distribution of the Income Shares of Individuals in Tradables and Nontradables on Exchange Rate Fluctuations and Delay of Stabilizations Boğaziçi University Research Papers, ISS/EC 2006-11, Istanbul. Degree of Fragmentation, Uncertain Benefits of Ideas, Power of State and Society s Response to New Information, UMCP, Department of Economics, mimeo, October 2002. INVITED PRESENTATIONS Bahçeşehir University, Department of Economics, May 31 2011, Istanbul, Turkey, Simultaneous Regulation of Credit Services and Payment Services: A Success Story from an Emerging Market Country The Fourth United Nations Conference on the Least Developed Countries (UN LDC-IV), Civil Society Forum, Issues of governance and LDCs, May 10 2011 Istanbul, Turkey, Governance and LDC Countries: Can Turkey Play a Role in Enhancing Governance Institutions in LDCs? Ministry of Foreign Affairs, March 16 2011, Ankara Turkey, Analyzing The Restructioning of Turkish Economy In the After Crisis Scenarios and Its Peculiar Role Between Europe And Asia 11
Istituto Affari Internazionali (IAI), Rome, Italy, February 17 2011, The Economic Crisis in The Mediterranean Area: Post-Crisis Scenarios GLODEM panel, Global Financial Crisis and The European Periphery, Koc University, GLODEM- The Center for Research on Globalization and Democratic Governance, Developed and Developing Countries in the New Normal, January 5, 2011 BRSA Conference for the Celebration of 10th Anniversary of Establishment of the Banking Regulation and Supervision Agency, September 16 2010, Ankara Turkey, Structural Changes and Completion in Banking Sector Suffolk University, Department of Economics, April 15 2010, Boston USA, The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution Bilkent University, Department of Economics Macroeconomics Seminars, December 18 2009, Ankara, Redistributive Institutions, Income Inequality and Redistribution Kadir Has University, Faculty of Economics and Management, December 02 2009, Istanbul, speaker in the panel, Effects of Recent Global Crisis on Financial System of Turkey Istanbul Technical University, Faculty of Management, Department of Management Engineering, February 15 2008, Istanbul, Competition in the Payment System: Credit Card Market in Turkey with a New Empirical Evidence Sabanci University, Department of Economics, January 11 2008, Istanbul, The Role of Redistributive Institutions in the Fiscal Policy Channel of Redistribution Marmara University, Department of Economics, October 24 2007, Istanbul, The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution" Turkish Central Bank Research Department, June 12 2006, Ankara, The Failure of Competition in the Credit Card Market in Turkey: The New Empirical Evidence Istanbul Bilgi University, March 07 2006, Istanbul, An Investigation on the Rise of Governance and Institution Concepts in Economics Literature Middle East Technical University, Department of Economics, May 08 2006, Ankara, Efficiency of Redistributive Institutions and Redistribution Boğaziçi University, Department of Economics, April 04 2005, Istanbul, The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution" CONFERENCE PRESENTATIONS Boğaziçi University Center for Economics and Econometrics Conference on the Rethinking Governance, Institutions and Democracy, 19 July 2011, Boğaziçi 12
University, Istanbul, Turkey, Rethinking the Role of Governance Institutions on Private Investment: Reflections after the Arab Spring International Conference on Mathematical Finance and Economics, 6-8 July 2011, Istanbul, Turkey, The Role of Simultaneous Regulations of Credit Services and Payment Services on Competition: An Emerging Market Perspective 2011 International Finance and Banking Society (IFABS), 30 June-2 July 2011, Rome, Italy, Demand, Competition and Welfare Analysis in the Turkish Banking Sector Discussant: Trade Credit Puzzle, B. Singh-Gill, Ghent University, Belgium EuroConference 2011: Crises and Recovery in Emerging Markets, June 27-30, 2011, Izmir, Turkey, Interaction between Payment Services and Credit Services in Credit Card Markets Chair: Financial Markets and Institutions I EuroConference 2011: Crises and Recovery in Emerging Markets, June 27-30, 2011, Izmir, Turkey, Demand, Competition and Welfare Analysis in the Turkish Banking Sector Chair: The Banking Industry I: Banking in Emerging Economies Eurasia Business and Economics Society (EBES), June 01-03, 2011, Istanbul, Turkey, Demand, Competition and Welfare Analysis in the Turkish Banking Sector Chair: Banking, Empirical Studies on Emerging Economies I Eurasia Business and Economics Society (EBES), June 01-03, 2011, Istanbul, Turkey, The Role of Simultaneous Regulations of Credit Services and Payment Services on Competition Chair: Banking, Empirical Studies on Emerging Economies IV ICEF 2011, Istanbul Conference of Economics and Finance, 20 21 May 2011, Istanbul, Turkey, Regulating Payment Services and Credit Services of Credit Cards: Evidence From Turkey ICEF 2011, Istanbul Conference of Economics and Finance, 20 21 May 2011, Istanbul, Turkey, Do Credit Cards Revolvers Use More Consumer Credit? Economic Research Forum (ERF), 17th Annual Conference, 20-22 March 2011, Antalya, Turkey, The Effects of Convergence in Governance on Capital Accumulation in the Black Sea Economic Cooperation Countries Economic Research Forum (ERF), 17th Annual Conference, 20-22 March 2011, Antalya, Turkey, The Role of Simultaneous Regulations of Credit Services and Payment Services on Competition 13
Boğaziçi University Center for Economics and Econometrics Conference on the Transformation of the Turkish Economy, 20 December, 2010 Boğaziçi University Istanbul, Turkey, The Failure of Price Competition in the Turkish Credit Card Market 11th Annual Bank of Finland/CEPR Conference Banking in Emerging Economies Helsinki, 7-8 October 2010 Discussant: (Inter-state) banking and (inter-state) Trade: Does real integration follow financial integration?, Tomasz Michalski (HEC Paris) and Evren Ors (HEC Paris) The Society for the Study of Emerging Markets EuroConference 2010, July 16-18, 2010, Milas Turkey, "Macroeconomic, Sector Specific and Bank Specific Determinants of Net Interest Rate Margin: What Matters More For An Emerging Market Economy? Chair: Banking, Financing and Financial Distress The Society for the Study of Emerging Markets EuroConference 2010, July 16-18, 2010, Milas Turkey, A Reassessment of Competition in the Credit Card Market by Introducing Liquidity Cost Measures: Evidence from an Emerging Economy Chair: Financial Markets EcoMod2010 International Conference on Economic Modeling Istanbul, Turkey, 07-10 July 2010, "Macroeconomic, Sector Specific and Bank Specific Determinants of Net Interest Rate Margin: What Matters More For An Emerging Market Economy? Chair: Finance Session E EcoMod2010 International Conference on Economic Modeling Istanbul, Turkey, 07-10 July 2010, A Reassessment of Competition in the Credit Card Market by Introducing Liquidity Cost Measures: Evidence from an Emerging Economy The EURO Working Group on Efficiency and Productivity Analysis (EWG-EPA), 2010 International Conference on "Global trends in the Efficiency and Risk Management of Financial Services, 02-05 July 2010, Crete Greece, Is Simultaneous Regulation of Credit Services and Payment Services of Credit Cards Possible? Evidence from Turkey Ninth International Conference of Middle East Economic Association, 24-26 June 2010, Istanbul Technical University, Maçka Campus, Istanbul, The Effects of Convergence in Governance on Capital Accumulation In The Black Sea Economic Cooperation Countries Ninth International Conference of Middle East Economic Association, 24-26 June 2010, Istanbul Technical University, Maçka Campus, Istanbul, Macroeconomic, Sector Specific and Bank Specific Determinants of Net Interest Rate Margin: What Matters More for An Emerging Market Economy? Ninth International Conference of Middle East Economic Association, 24-26 June 2010, Istanbul Technical University, Maçka Campus, Istanbul, Non-Price Competition in Credit Card Markets Through Bundling and Bank Level Benefits 14
Ninth International Conference of Middle East Economic Association, 24-26 June 2010, Istanbul Technical University, Maçka Campus, Istanbul, Is Simultaneous Regulation of Credit Services and Payment Services Of Credit Cards Possible? Evidence From Turkey Economic Governance Institutions, Economic Outcomes and the Crisis: An International Conference, 4 June 2010, University of Greenwich, London UK, The Effects of Convergence in Governance on Capital Accumulation In The Black Sea Economic Cooperation Countries 11. National Econometrics and Statistics Symposium (11. Ulusal Ekonometri ve İstatistik Sempozyumu), May 28-30, 2010, Kartepe, Turkey Regulation of Credit Services and Payment Services of Credit Cards In Turkey Eurasia Business and Economics Society (EBES), May 26-28, 2010, Istanbul, Turkey, A Reassessment of Competition in the Credit Card Market by Introducing Liquidity Cost Measures: Evidence from an Emerging Economy Chair: Finance II Eastern Economic Association, Annual Meeting 2010, February 26-28, Philadelphia, PA, "Non-Price Competition in Credit Card Markets: Evidence from an Emerging Economy" Discussant: Financial Markets I Session International Conference on Infrastructure Economics and Development Conference, January 14 15, 2010, Toulouse France Discussant for the paper Assessing the Socioeconomic Impact of Transport Infrastructure Projects in the Greater Mekong Region Susan Stone (OECD), Anna Strutt (Waikato University) and Thomas Hertel (Purdue U) International Conference on Global Trends in the Efficiency and Risk Management of Financial Services and the Financial Crisis, 14-15 November 2009, Leicester, England, "Structural Change and the Efficiency of Banking In Turkey: Does Ownership Matter? Economic Research Forum (ERF), 16th Annual Conference, 07-09 November 2009, Cairo Egypt, "Non-Price Competition in Credit Card Markets: Evidence from an Emerging Economy" Society for Economic Dynamics (SED) Annual Meeting, 2-4 July 2009 Istanbul (Turkey), "Non-Price Competition in Credit Card Markets: Evidence from an Emerging Economy" Eurasia Business and Economics Society (EBES), June 1-2, 2009, Istanbul, Turkey, Panel Stochastic Frontier Analysis of Profitability and Efficiency of Turkish Banking Sector in the Post Crises Era Chair: Banking Sector 15
Eurasia Business and Economics Society (EBES), June 1-2, 2009, Istanbul, Turkey, The Effects of Card Level and Bank Level Benefits on Credit Card Interest Rates International Conference Inequalities and Development in the Mediterranean Countries GDRI of the CNRS (National Center for Scientific Research Development of Euro- Mediterranean Economic Research (DREEM), Galatasaray University, Istanbul, Turkey, May 21-23 2009, Redistributive Institutions, Income Inequality and Redistribution The XIV Spring Meeting of Young Economists (SMYE-2009), April 23-25,2009 Istanbul, Turkey, "Non-Price Competition in Credit Card Markets: Evidence from an Emerging Economy" International Journal of Arts and Sciences European Conference for Academic Disciplines, December 1-4, 2008 Gottenheim, Germany Failure Of Competition And Sticky Interest Rates In The Turkish Credit Card Market Recent Developments in Economics, Finance & Accounting, and Econometrics, September 8-12, 2008 New Delhi, Failure Of Competition And Sticky Interest Rates In The Turkish Credit Card Market Second International Credit Risk and Rating Conference, Hacettepe University, May 8-10, 2008 Ankara, Failure Of Competition And Sticky Interest Rates In The Turkish Credit Card Market Discussant: Estimating Efficiency of Banks and Banking Systems with Risk Adjusting Factors: The Case of Russia, Yulia Martynova ASSA Meetings, January 3-6, 2008, New Orleans, LA, 28 th Annual Conference of the Middle East Economic Association, Structural Change and Efficiency of Banking in Turkey: Does the Ownership Matter? Discussant: Empirical Evidence on the Operational Efficiency of National Oil Companies, Stacy L. Eller, James A. Baker, Peter Hartley, And Kenneth Medlock 28 th Annual Conference of the Middle East Economic Association January 3 New Orleans, LA, 2008, Pre-ASSA Session, University of New Orleans, Structural Change and Efficiency of Banking in Turkey: Does the Ownership Matter? Second Meeting of the Society for the Study of Economic Inequality (ECINEQ) Society in Berlin, Germany, July 12-14, 2007 ECINEQ 2007 The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution" Chair: Inequality 7 Session Sixth International Conference of the Middle East Economic Association, 14-16 March 2007 at Zayed University in Dubai, UAE, Analyzing the Competition in the Credit Card Market in Turkey with the New Empirical Evidence 16
Sixth International Conference of the Middle East Economic Association, 14-16 March 2007 at Zayed University in Dubai, UAE, The Role of Institutions on Private Investment: The Case of Middle East and North Africa ASSA Meetings, January 4-7, 2007, Chicago, IL, 27 th Annual Conference of the Middle East Economic Association, The Failure of Competition in the Credit Card Market in Turkey: New Empirical Evidence Discussant: Measuring Vertical and Horizontal Intra-Industry Trade: the Case for Turkey, Güzin Erlat, Haluk Erlat, and Demet Şenoğlu Economic Research Forum (ERF), 13th Annual Conference, 16-18 December 2006, Kuwait, Governance Institutions and Private Investment: An Application to the Middle East and North Africa The European Association for Evolutionary Political Economy Conference: Developing Economies; Multiple Trajectories, Multiple Developments, November 2-4 2006, Galatasaray University, Istanbul, Turkey, The Shadowing Role of Redistributive Institutions in the Relationship between Income Inequality and Redistribution The European Association for Evolutionary Political Economy Conference: Developing Economies; Multiple Trajectories, Multiple Developments, November 2-4 2006, Galatasaray University, Istanbul, Turkey, Governance and Private Investment in the Middle East and North Africa Eighth International Network for Economic Research (INFER) Annual Conference September 22-24 2006, Cork, Ireland, Governance and Private Investment in the Middle East and North Africa Eighth International Meeting of the Society for Social Choice and Welfare, July 13-17, 2006, Istanbul, Turkey, "The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution" Fifteenth Annual World Business Congress, June 18 21, 2006, Sarajevo Graduate School of Business, Sarajevo, Bosnia and Herzegovina, Assessing the Competition in the Credit Card Market in Turkey: The New Empirical Evidence Fifteenth Annual World Business Congress, June 18 21, 2006, Sarajevo Graduate School of Business, Sarajevo, Bosnia and Herzegovina, Are Governance Institutions Responsible for Deficient Private Investment in the Middle East and North Africa? Second International Conference on Business, Management and Economics June 15-18, 2006, Çesme, Izmir, Turkey, The Failure of Competition in the Credit Card Market in Turkey: The New Empirical Evidence Annual Meeting of the European Public Choice Society (EPCS) April 20-23 2006, Turku, Finland, The Role of Efficiency of Redistributive Institutions on Redistribution: An Empirical Assessment 17
Chair: Redistribution Session Discussant: The Politics of Redistribution in an Underdeveloped Economy: A Theoretical Model Rongili Biswas ASSA Meetings, January 6-8, 2006 Boston, 26th Annual Conference of the Middle East Economic Association, Institutions, Governance and Private Investment in the Middle East and North Africa ASSA Meetings, January 6-8, 2006 Boston, 26th Annual Conference of the Middle East Economic Association, Assessing the Preconditions in Establishing an Independent Regulatory and Supervisory Agency in Globalized Financial Markets: The Case of Turkey Europeanization and Transformation: Turkey in the Post-Helsinki Era, Koç University, 2-3 December 2005, Discussant for the panel The Transformation of Turkish Political Economy Annual Meeting of the European Public Choice Society (EPCS) 31 March - 3 April 2005, The University of Durham, UK, "The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution" Discussant: The Determinants of Intergovernmental Grants in Portugal: A Public Choice Approach Maria Manuel Pinho Public Choice Society meeting March 10 13, 2005, New Orleans, Louisiana, "Inequality, Efficiency of Redistributive Institutions and Redistribution: Is Government Effectiveness the Missing Link Between Inequality and Redistribution?" Public Choice Society meeting March 10 13, 2005, New Orleans, Louisiana, The Role of Institutions on the Macroeconomic Policy Choices and Investment Climate: The Case of Middle East and North Africa ASSA Meetings, January 7-9, 2005 Pennsylvania, 25th Annual Conference of the Middle East Economic Association, How to Boost Private Investment in Middle East and North Africa? The Role of Economic Reforms" Southwestern Economics Association Meetings, March 17-20, 2004, Corpus Christi, Texas: The Effects of Volatility on Growth and Financial Development through Capital Market Imperfections METU International Conference on Economics VII 6-9 September 2003, Ankara, TURKEY Presentation: The Effects of Volatility on Growth and Financial Development through Capital Market Imperfections TEACHING EXPERIENCE Bogazici University Graduate Courses 18
Graduate Macroeconomics (EC503) Fall, 2005, 2006, 2007 Selected Topics in Financial Markets and Regulation (EC 583) Spring 2007, 2008, 2009, Fall 2010 Special Topics in Macroeconomics and Political Economy (EC 586) Spring 2006 Economics of Monetary Integration in European Union (ES 530) Spring 2006, 2007, 2008, 2009 Economics of European Integration (ES 503) Fall 2010 Open Economy Macroeconomics (EF 503) Fall 2010 (second half) Undergraduate Courses Special Topics in International Economics (EC 362) Spring 2009 International Economics (EC 361) Fall, 2005, 2008, 2009, 2010 Open Economy Macroeconomics (EC 208) Spring, 2006, 2007 Intermediate Macroeconomics (EC 205) Fall, 2006, 2007, 2009 Spring 2008, 2011 University of Maryland College Park Development Economics Summer 2003, Spring 2004, Summer 2004, Spring 2005, thought six courses. Principles of Microeconomics Summer and Fall 2002, thought three courses. Head Teaching Assistant: Microeconomics Fall 1999 to Spring 2002 DISSERTATION Inequality, Institutions and Redistribution PROFESSIONAL SOCIETY MEMBERSHIPS AND OTHER ACTIVITIES 19
Member, Researchers Alliance for Development (2006-) Member, ECINEQ Society for the Study of Economic Inequality (2007-) Member, INFER: International Network for Economic Research (2006-) Member, European Association for Evolutionary Political Economy (2006-) Member, Middle East Economic Association (2004-) Member, American Economic Association (2004-2006) Member, Southwestern Economics Association (2004-2005) Member, Econometric Society (2004-2006) Member, European Economic Association (2005-2006) Member, International Management Development Association (2006-) Member, Turkish Economic Association (2006-) REFEREE FOR Economic Modeling Journal of Business Economics and Management Journal of Financial Stability Energy Economics Journal of Economics and International Finance (JEIF) Journal of International Financial Markets, Institutions & Money Quarterly Review of Economics and Finance Central Bank Review International Journal of Banking, Accounting and Finance Physica A: Statistical Mechanics and its Applications Physica D Nonlinear Phenomena Emerging Markets Finance and Trade African Development Review Journal of Economy, Business and Finance (İktisat, İşletme ve Finans Dergisi) Turkish Studies Yapı Kredi Economic Review Boğaziçi Journal, Review of Social, Economic and Administrative Studies BDDK Journal of Banking and Financial Markets (BDDK Bankacılık ve Finansal Piyasalar Dergisi) Asian-African Journal of Economics and Econometrics Journal of International Trade and Diplomacy International Journal of Revenue Management METU Studies in Development Finans Politik & Ekonomik Yorumlar Dergisi New Perspectives on Turkey Review of Middle East Economics and Finance Banks and Bank Systems TUBITAK Projects Taylor and Francis Books: Routledge Books Central Bank of Republic of Turkey Research Department Working Papers Journal of Economics and International Finance Bogazici University, BAP projects İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi 20
Maliye Finans Yazıları Mathematical and Computational Applications ADMINISTRATIVE POSITIONS AND COMMITTEE ASSIGNMENTS Member, Departmental Seminar Organization Committee Fall 2006, Spring 2007 Member, Transfer Students` Committee Since Spring 2006 Responsible for Advisor and Course Quota Assignment, Since Summer 2007 COMPUTER SKILLS Econometrics: STATA, TSP, Econometric Views, SAS. Macroeconomics: Matlab Spreadsheets: Quattro Pro, Lotus 123, Excel. Word Processors: WordPerfect, Scientific Word. PH.D THESIS SUPERVISION Hale Kirer, Econophysics Approach to the Personal Income Distribution in Turkey and Germany (Türkiye ve Almanya nın Kişisel Gelir Dağılımına Ekononofizik Yaklaşım) Yildiz Technical University, Department of Economics, September 2011 (Thesis Committee Member) Mehmet Babacan, The Role of Institutions And Governance in International Trade, Marmara University, Department of Economics, August 2011 (Thesis Committee Member) Zeynep Deniz Dervisen, Skilled And Unskilled Labor Efficiencies In Turkish Manufacturing Industry (1992-2001) Marmara University, Department of Economics, July 2011 (Thesis Committee Member) Mustafa Ozturk, Foreign Direct Investment and Economics Crisis in Turkey during the European Union Entry Process (2000-2010), Marmara University, Department of Economics, November 2008 (Thesis Committee Member) Arif Oduncu, Three Essays in Macroeconomics and Financial Economics, The University of Texas at Austin, Department of Economics, December 2009 (Thesis Committee Member) Tuğrul Özbakan, Conventional and Synthetic Asset Securitizations In the EU: Analyzing Sovereign Credit Default Swap Spreads To Measure EU Convergence Marmara University, The European Union Institute, June 2009 (Thesis Committee Member) Yasemin Özerkek, Employment Dynamics of the Largest Industrial Firms in Turkey (1980-2006) Marmara University, Department of Economics, November 2008 (Thesis Committee Member) 21
Devrim Dumludag, Foreign Direct Investment in Developing Countries: The Role of Institutions Bogazici University, Ataturk Institute for Modern Turkish History, September 2007 (Thesis Committee Member) M.A. THESIS SUPERVISION Serap Ozcelik, Determinants of Customer Satisfaction In The Turkish Credit Card Market, Department of Economics, August 2011 (Thesis Committee Member) Mustafa Safa Oz, Empirical Analysis of Agricultural Commodity Prices, Bogazici University, Department of Economics, July 2011 (Thesis Committee Member) Ali Yavuz Polat, Macro Stress-Testing Approach of Credit Risk: Turkish Case, Bogazici University, Department of Economics, July 2011 (Thesis Committee Chair) Gökmen Sümer, Determinants of Renewable Energy Supply in Europe: A Potential Solution for Turkey s Energy Dependency, Bogazici University, Department of International Trade, May 2011 (Thesis Committee Member) Süreyya Burcu Avcı, International Banking System Distress: A Macro Approach for the Global Crisis of 2008, Bogazici University, Department of International Trade, May 2011 (Thesis Committee Member) Alper Alkan, "Essays on Switching Costs in the Turkish Credit Card Market", Bogazici University, Department of Economics, September 2010 (Thesis Committee Member) Ahmet Tuncez, "Essays on Consumer Behavior in the Turkish Credit Card Market", Bogazici University, Department of Economics, August 2010 (Thesis Committee Member) Sebnem Ileri, "Demand, Competition and Welfare Analysis in the Turkish Banking Sector", Bogazici University, Department of Economics, August 2010 (Thesis Committee Member) Duygu Ceylan, Economy-wide Energy Efficiency Assessment: A Cross-Country Comparison Study in Europe, Bogazici University, Department of International Trade, June 2010 (Thesis Committee Member) Gizem Melis Muhtar, Feminization of Employment in the Turkish Banking Sector: A Critical Analysis, Bogazici University, Department of Economics, June 2010 (Thesis Committee Member) Hasan Ali Göncü, Integrating Turkey s Renewable Energy with Global Carbon Market, Bogazici University, Department of International Trade, May 2010 (Thesis Committee Member) Seçil Öztürk, Essays on the Determinants of Efficiency for Commercial Banks in Turkey, Bogazici University, Department of Economics, September 2009 (Thesis Committee Member) 22
Caner Gerek, "Essays on Consumer Credits and Bank Choice", Bogazici University, Department of Economics, September 2009 (Thesis Committee Chair) Denada Borici, Competition and Regulation in the Turkish Credit Card Market", Bogazici University, Department of Economics, September 2009 (Thesis Committee Member) Gültekin Göllü, Essays on a Two-Sided Market: Credit Card Market in Turkey, Bogazici University, Department of Economics, August 2009 (Thesis Committee Member) Alev Özer, An Evaluation of the Impacts of Sovereign Ratings on Countries Economies: Case of Turkey, Koc University, August 2009 (Thesis Committee Member) Mehmet Şükrü Nenem, Energy Vulnerability and International Trade: Assessing Turkey s Energy Vulnerability with a Comparative Outlook of the EU Bogazici University, Department of International Trade, June 2009 (Thesis Committee Member) Zeynep Kaymak Turkish Banking and Its Regulation with Special Reference to the Banking Regulatory and Supervisory Agency (BRSA): A Political Economic Analysis, Koc University, April 2009 (Thesis Committee Member) Gazi İshak Kara Essays on the Competition and Regulations in the Turkish credit Card Market Bogazici University, Department of Economics, July 2008 (Thesis Committee Member) Şanlı Pınar Ceyhan Essays on the Internationalization of the Turkish Banking Sector: The Reasons and the Effects on Performance Bogazici University, Department of Economics, July 2007 (Thesis Committee Chair) Yavuz Selim Hacıhasanoğlu Investigation on the Determinants of Turkish Export-Boom in 2000s Bogazici University, Department of Economics, July 2007 (Thesis Committee Chair) Gözde Şener Classification of Welfare Regimes using Cluster Analysis: Where does Turkey Stand? Bogazici University, Department of Economics, August 2006 (Thesis Committee Member) M.A. PROJECTS SUPERVISION Engin Can Cebeci, The Role G-20 In Shaping New International Financial Architecture, Boğaziçi University, ECONFIN Department of Economics, September 2011 Serhan Helvacioğlu, How Do Foreign Banks In Turkey Differ During The Global Crisis?, Boğaziçi University, ECONFIN Department of Economics, September 2011 Atahan Ozgunay, Regulation Of Financial Markets In Turkey, Boğaziçi University, ECONFIN Department of Economics, August 2011 23
Orhan Balta, Comparison of Credit Card Market Regulation In Turkey And USA, Boğaziçi University, ECONFIN Department of Economics, August 2011 Sezen Alkan, How Do Foreign Banks in Turkey Differ During The Global Crisis?, Boğaziçi University, ECONFIN Department of Economics, August 2010 Burcu Gökbudak, The Role Of G20 In Shaping New International Financial Architecture, Boğaziçi University, ECONFIN Department of Economics, August 2010 Ismet Cenk Kucukunal, Credit Card Competition In Turkey, Boğaziçi University, ECONFIN Department of Economics, August 2010 Mukaddes Ilyas, The Determinants of Non-Performing Loans, Boğaziçi University, Department of Economics, June 2010 Mehmet Emir Tosun, Financial Leasing in Turkey, A Sector Underrated Boğaziçi University, ECONFIN Department of Economics, August 2009 Fehmi Ömer Gürani, Why Do Foreign Banks Invest In Turkey? and How Do They Act In the Recent Financial Crisis? Boğaziçi University, ECONFIN Department of Economics, August 2009 Berna Toksoy, Foreign Bank Entry Into Emerging Economies: the Case Of Turkey Boğaziçi University, ECONFIN Department of Economics, August 2009 Sedef Yenici, Financial Market Development In Turkey After Crises Era Boğaziçi University, ECONFIN Department of Economics, June 2009 Yiğit Gülbaş, CREDIT CARD COMPETITION IN TURKEY Boğaziçi University, ECONFIN Department of Economics, August 2008 Hakan Öğe, The Key Determinant of the Economy, Interest Rates, Boğaziçi University, ECONFIN Department of Economics, August 2008 Gökçen Öğrük, Governance Institutions, Investment in Central Eastern European Countries and Turkey, Boğaziçi University, Department of Economics, August 2007 Safiye Seden Hizarcıoğlu, Sailing In Heavy Seas: the November 2000 and February 2001 Turkish Financial Crises, Boğaziçi University, ECONFIN Department of Economics, August 2007 Ismail Fatih Canbolat, Foreign Bank Entry in Turkish Market, Boğaziçi University, ECONFIN Department of Economics, August 2007 Zeynep Ersoy, Private Investment, Government Spending and Governance Institutions: The Case of Middle East and North Africa, Boğaziçi University, Department of Economics, January 2007 24
Oktay Aşık, The Commission, Bonus and Installment Payment Properties of the credit card Market from the Perspective of Banks and Mercantile, Boğaziçi University, ECONFIN Department of Economics, August 2006 Lerzan Yıldız, The Regulation of the Credit Card Market in Turkey, Boğaziçi University, ECONFIN Department of Economics, August 2006 Mehmet Çağrı Gündoğdu, The Customs Union: Has the nightmare turned into reality? A Turkish Automotive Industry Perspective, Boğaziçi University, MAPES, August 2006. Umut Özsöz, Competitive Advantage of Turkish White Goods Industry, Boğaziçi University, MAPES, August 2006 Nusret Ahmet Müslim, Credit Card Competition in Turkey, Boğaziçi University, Department of Economics, January 2006 MEDIA COVERAGE The Debt Trap, A Series about the Surge in Consumer Debt and the Lenders Who Made It Possible: Outside U.S., Credit Cards Tighten Grip, The New York Times, August 10, 2008 Taksit, taksit, taksit; betalen via creditcard in Turkije, NieuwsFeit.NL, 26 December 2007 In Turkije kan alles op afbetaling worden gekocht, Nederlands Dagblad, 21 December 2007 25