Publications

Academic Publications

“Price search, consumption inequality and expenditure inequality over the life cycle”, with Bulent Guler and Temel Taskin, International Economic Review, volume 62, issue 1, February 2021, pp 295-320.

” Risk sharing and real exchange rates: the role of non-tradable sector and trend shocks” with C Akkoyun and M Kilinc, Journal of International Money and Finance, vol 73, part A, May 2017, pp 232-48. Also published as BIS Working Papers, no 613.

” Joint dynamics of house prices and foreclosures” with B Guler and T Taskin, Journal of Money, Credit and Banking, vol 47, issue S1, March/April 2015, pp 133-69.

” Expectation errors, uncertainty, and economic activity” with A Atabek, T Hulagu and S Sahinoz, Oxford Economic Papers, vol 67, no 3, February 2015, pp 634-60.

” Global imbalances, current account rebalancing and exchange rate adjustments” with M Kılınç and M I Turhan, Journal of Policy Modeling, vol 37, no 1, March-April 2015, pp 324-41.

” Interest rate fluctuations and equilibrium in the housing market“, The BE Journal of Macroeconomics, vol 14, no 1, February 2014, pp 173-204.

“Anticipated vs unanticipated house price movements and transaction volume” with B Kanik and B Koksal, Journal of Housing Economics, vol 28, issue c, 2015, pp 121-9.

” Housing prices and transaction volume” with C Akkoyun and B Kanik, Journal of Housing Economics, vol 22, no 2, June 2013, pp 119-134.

” Quality growth versus inflation in Turkey” with E Ceritoglu, Emerging Markets Finance and Trade, vol 49, no 2, 2013, pp 31-43.

Policy Publications

“The fiscal response to the Covid-19 crisis in advanced and emerging market economies” with Enrique Alberola-Ila , Gong Cheng and Richhild Moessner BIS Bulletin  |  No 23 Jun 2020

“Central bank bond purchases in emerging market economies” with Mathias Drehmann and Boris Hofmann BIS Bulletin  |  No 20 Jun 2020

“The size of foreign exchange reserves” with Carlos Cantú BIS Papers  |  No 104, Jul 2019

“Globalisation and deglobalisation in emerging market economies: facts and trends” with Juan Contreras , Nikhil Patel and Chang Shu BIS Papers  |  No 100, Nov 2017

“How has globalisation affected emerging market economies?” with Juan Contreras , Nikhil Patel and Chang Shu BIS Papers  |  No 100, Nov 2017

“Macroprudential frameworks: implementation and effectiveness” with Christian Upper BIS Papers  |  No 94, Feb 2017

“The inflation process” with Martina Jašová and Előd Takáts BIS Papers  |  No 89, Dec 2016

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