Academic Publications

"Unintended Consequences of Unemployment Insurance Benefits: The Role of Banks"
with Ahmet Degerli and Gazi Kabas
Management Science, 2024
"Price Search, Consumption Inequality and Expenditure Inequality over the Life Cycle"
with Bulent Guler and Temel Taskin
International Economic Review, vol. 62(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(A), May 2017, pp. 232–48
"Joint Dynamics of House Prices and Foreclosures"
with B. Guler and T. Taskin
Journal of Money, Credit and Banking, vol. 47(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(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(1), March–April 2015, pp. 324–41
"Interest Rate Fluctuations and Equilibrium in the Housing Market"
The B.E. Journal of Macroeconomics, vol. 14(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(c), 2015, pp. 121–9
"Housing Prices and Transaction Volume"
with C. Akkoyun and B. Kanik
Journal of Housing Economics, vol. 22(2), June 2013, pp. 119–134
"Quality Growth versus Inflation in Turkey"
with E. Ceritoglu
Emerging Markets Finance and Trade, vol. 49(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, June 2020
"Central Bank Bond Purchases in Emerging Market Economies"
with Mathias Drehmann and Boris Hofmann
BIS Bulletin No. 20, June 2020
"The Size of Foreign Exchange Reserves"
with Carlos Cantú
BIS Papers No. 104, July 2019
"Globalisation and Deglobalisation in Emerging Market Economies: Facts and Trends"
with Juan Contreras, Nikhil Patel, and Chang Shu
BIS Papers No. 100, November 2017
"How Has Globalisation Affected Emerging Market Economies?"
with Juan Contreras, Nikhil Patel, and Chang Shu
BIS Papers No. 100, November 2017
"Macroprudential Frameworks: Implementation and Effectiveness"
with Christian Upper
BIS Papers No. 94, February 2017
"The Inflation Process"
with Martina Jašová and Előd Takáts
BIS Papers No. 89, December 2016