ahmet faruk aysan - bofit · 2017-01-24 · ahmet faruk aysan member of the board monetary policy...
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AHMET FARUK AYSAN
Member of the Board
Monetary Policy Committee Member
The Central Bank of the Republic of Turkey
Istiklal Cad. No:10 Ulus - 06100 Ankara Turkey
Phone: 90-312-507 53 61 & 90-212-252 03 54
Fax: 90-312 507 53 86 & 90-212-251 58 90
Email: [email protected]
http://ideas.repec.org/e/pay39.html
Center for Economics and Econometrics &
Center for Innovation and Competition Based Development
Bogazici University
34342 Bebek, Istanbul, Turkey
Phone: 90-212-359 76 39
Fax: 90-212-287 24 53
Email: [email protected]
http://econpapers.repec.org/RAS/pay39.htm
Last Update: April 2012
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
Member of the Board and the Monetary Policy Committee Member, The Central Bank of
the Republic of Turkey, (2011-)
Research Associate, Center for Economics and Econometrics, Bogazici University,
(2005-)
Research Associate, Center for Innovation and Competition Based Development,
Bogazici University, (2011-)
Associate Professor, Department of Economics, Bogazici University, (April 2009-
November 2011)
G-20 Financial Safety Net Experts Group Member (2010)
Visiting Faculty, Boston University and Suffolk University, Spring 2010
Consultant, Central Bank of the Republic of Turkey (2007-2011)
A. F. Aysan
2
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-)
Steering Committee Member, Researchers Alliance for Development (2007-)
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.
EDITORIAL DUTIES
Associate Editor, Central Bank Review (2010-)
Associate Editor, International Research Journal of Applied Finance (2010-)
Editorial Board Member, Journal of Central Banking Theory and Practice (2012-)
Editorial Board Member, The Journal of European Theoretical and Applied Studies
(2010-)
Editorial Board Member, Applied Economics and Policy Analysis (2008-)
Editorial Board Member, International Journal of Economic Research (2008-)
A. F. Aysan
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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-)
Academic Scientific Board, Enerji, Piyasa ve Düzenleme (Energy, Market and
Regulation) (2008-)
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
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.
Bogazici University Foundation Publication Awards, 2007, 2008, 2009, 2010, 2011
Bogazici 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”
A. F. Aysan
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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.
Bogazici 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?”
Bogazici University Foundation Travel Grants, 2006, 2007, 2008, 2009, 2010, 2011.
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
Scientific Committee Member: 4th International Conference of International Finance and
Banking Society (IFABS), on “Rethinking Banking and Finance: Money, Markets and
Models, 18-20 June 2012, Valencia, Spain
Member of the Organizing Committee: Central Bank of Republic of Turkey, Central
Bank of Brazil, Central Bank of Finland and Journal of Financial Stability Conference on
“Financial And Macroeconomic Stability: Challenges Ahead”, 4-5 June 2012, Istanbul
Member of the Organizing Committee: Annual Conference of Bogazici University Center
for Innovation and Competition Based Development, 27-28 May 2012, Bogazici
University
A. F. Aysan
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Member of the Organizing Committee: Annual International Conference of the Centre for
European Studies at the Kırklareli University, “International Conference on the European
Debt Crisis”, 17-18 May 2012 Kırklareli, Turkey
Member of the Organizing Committee: Bogazici University Center for Economics and
Econometrics Conference on the “Macroeconomic and Financial Imbalances in National
Economies and the World, Annual Conference of the Center for Economics and
Econometrics (CEE)”, 19-20 December 2011, Bogazici University
Member of the Organizing Committee: Bogazici University Center for Economics and
Econometrics Conference on the “Rethinking Governance, Institutions and Democracy”,
19 July 2011, Bogazici University
Member of the Organizing Committee: Bogazici University Center for Economics and
Econometrics Conference on the “Transformation of the Turkish Economy”, 20
December, 2010 Bogazici 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,
“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
“Assessing the Adverse Effects of Interbank Funds on Bank Efficiency through Using
Semiparametric and Nonparametric Methods” 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 pp. 41-62,
2012 (joint with G. Ertek, S. Ozturk)
"Interaction Between Payment Services and Credit Services in Credit Card Markets", in
Tamer Çetin and Fuat Oğuz (eds), Regulation and Competition in the Turkish Banking
A. F. Aysan
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and Financial Markets, Nova Science Publishers, NY, USA pp. 163-178, 2012 (joint with
G. G.Akin, G.Gollu, L. Yildiran)
“Global Crisis and Net Interest Rate Margin in a Time of Trouble: What Matters More
for an Emerging Market Economy?” Frank Columbus (eds), Banking in a Time of
Troubles Nova Science Publishers, NY, USA pp. 115-132, 2011 (joint with C. H. Dalgic,
M. Demirci)
"Panel Stochastic Frontier Analysis of Profitability and Efficiency of Turkish Banking
Sector in the Post Crises Era" Journal of Business Economics and Management, Vol. 12,
4, pp. 629-654, 2011 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.
Yildiran)
“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
A. F. Aysan
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“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. Yildiran)
“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. Yildiran)
“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)
"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,
A. F. Aysan
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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 14th 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)
“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)
A. F. Aysan
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"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
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)
A. F. Aysan
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"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. Yildiran)
“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?” Bogazici 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” Bogazici 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” Bogazici
University Research Papers, ISS/EC 2007-19, Istanbul, (joint with Y. Hacihasanoğlu)
“Market Disciplining Role of Crisis on The Restructuring of the Turkish Banking Sector”
Bogazici University Research Papers, ISS/EC 2007-18, Istanbul, (joint with Ş. P.
Ceyhan)
“Regulations and Competition in Credit Card Market in Turkey”, Bogazici University
Research Papers, ISS/EC 2007-06, Istanbul, (joint with U. Dur, G.I. Kara, A.N. Müslim,
L. Yıldıran)
A. F. Aysan
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“How Do Political and Governance Institutions Affect Private Investment Decisions? An
Application to the Middle East and North Africa”, Bogazici 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”, Bogazici 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?”, Bogazici 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”, Bogazici 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”, Bogazici University Research Papers, ISS/EC 2007-
01, Istanbul, (joint with Z. Ersoy and M-A Veganzones-Varoudakis)
“Why Do Foreign Banks Invest in Turkey?”, Bogazici University Research Papers,
ISS/EC 2006-22, Istanbul, (joint with Ş. P. Ceyhan)
“The Regulation of the Credit Card Market in Turkey”, Bogazici 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”; Bogazici 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” Bogazici 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”, Bogazici 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), Bogazici University Research Papers, ISS/EC 2006-15, Istanbul (joint with Y.
Hacihasanoğlu, G. Kara, A. Sumer)
“The Failure of Competition in the Credit Card Market in Turkey: The New Empirical
Evidence”, Bogazici 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), Bogazici University Research Papers, ISS/EC 2006-16,
Istanbul.
A. F. Aysan
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“The Role of Efficiency of Redistributive Institutions on Redistribution: An Empirical
Assessment”, Bogazici University Research Papers, ISS/EC 2006-14, Istanbul.
“Governance Institutions and Private Investment: An Application to the Middle East
and North Africa”, Bogazici 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", Bogazici University Research Papers, ISS/EC 2006-13,
Istanbul.
“The Effects of Volatility on Growth and Financial Development through Capital Market
Imperfections”, Bogazici University Research Papers, ISS/EC 2006-12, Istanbul.
“Distributional Effects of Temporary Exchange Rate Based Stabilization Programs under
Financial Frictions”, Bogazici 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” Bogazici
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
7. Economics Summit, 10-11 April 2012, Bogazici University, Istanbul, “Today and
Future Expectation In the Framework of Global Financial Crisis”
73rd International Atlantic Economic Conference, 28-31 March 2012, Istanbul, Turkey,
“The Future of the Monetary and Financial System: Central Bank Perspective”
Johns Hopkins University, School of International Studies (SAIS), 5 March 2012,
Washington DC, USA, “Monetary Policy in Turkey”
Turkish-American Scientists and Scholars Association (TASSA) 2012 Annual
Conference, University of Maryland at College Park, USA, 3-4 March 2012, “Turkey as
the Chair of G20 in 2015 - Research Opportunities”
Eurasia Business and Economics Society (EBES) 2012 Antalya Conference, 13-14
January 2012, Antalya, Turkey , Keynote Speaker, “Global Financial Crisis and
Emerging Markets: Challenges Ahead”
Bahçeşehir University, Department of Economics, 31 May 2011, Istanbul, Turkey,
“Simultaneous Regulation of Credit Services and Payment Services: A Success Story
from an Emerging Market Country”
A. F. Aysan
13
The Fourth United Nations Conference on the Least Developed Countries (UN LDC-IV),
Civil Society Forum, Issues of governance and LDCs, 10 May 2011 Istanbul, Turkey,
“Governance and LDC Countries: Can Turkey Play a Role in Enhancing Governance
Institutions in LDCs?”
Ministry of Foreign Affairs, 16 March 2011, Ankara Turkey, “Analyzing The
Restructioning of Turkish Economy In the After Crisis Scenarios and Its Peculiar Role
Between Europe And Asia”
Istituto Affari Internazionali (IAI), 17 February 2011, Rome, Italy, “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, 5
January, 2011, Istanbul Turkey, “Developed and Developing Countries in the “New
Normal”
BRSA Conference for the Celebration of 10th Anniversary of Establishment of the
Banking Regulation and Supervision Agency, 16 September 2010, Ankara Turkey,
“Structural Changes and Completion in Banking Sector”
Suffolk University, Department of Economics, 15 April 2010, Boston USA, “The
Shadowing Role of Redistributive Institutions in the Relationship Between Income
Inequality and Redistribution
Bilkent University, Department of Economics Macroeconomics Seminars, 18 December
2009, Ankara, “Redistributive Institutions, Income Inequality and Redistribution”
Kadir Has University, Faculty of Economics and Management, 02 December 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, 15 February 2008, Istanbul, “Competition in the Payment System: Credit
Card Market in Turkey with a New Empirical Evidence”
Sabanci University, Department of Economics, 11 January 2008, Istanbul, “The Role of
Redistributive Institutions in the Fiscal Policy Channel of Redistribution”
Marmara University, Department of Economics, 24 October 2007, Istanbul, “The
Shadowing Role of Redistributive Institutions in the Relationship Between Income
Inequality and Redistribution"
Turkish Central Bank Research Department, 12 June 2006, Ankara, “The Failure of
Competition in the Credit Card Market in Turkey: The New Empirical Evidence”
Istanbul Bilgi University, 07 March 2006, Istanbul, “An Investigation on the Rise of
Governance and Institution Concepts in Economics Literature”
A. F. Aysan
14
Middle East Technical University, Department of Economics, 08 May 2006, Ankara,
“Efficiency of Redistributive Institutions and Redistribution”
Bogazici University, Department of Economics, 04 April 2005, Istanbul, “The
Shadowing Role of Redistributive Institutions in the Relationship Between Income
Inequality and Redistribution"
CONFERENCE PRESENTATIONS
Eurasia Business and Economics Society (EBES) 2012 Antalya Conference, 13-14
January 2012, Antalya, Turkey, Chair for Finance I
Bogazici University Center for Economics and Econometrics Conference on the
“Rethinking Governance, Institutions and Democracy”, 19 July 2011, Bogazici
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”
A. F. Aysan
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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”
Bogazici University Center for Economics and Econometrics Conference on the
Transformation of the Turkish Economy, 20 December, 2010 Bogazici 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”
A. F. Aysan
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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”
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?”
A. F. Aysan
17
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
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, 28th 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
A. F. Aysan
18
28th 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”
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, 27th 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"
A. F. Aysan
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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”
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”
A. F. Aysan
20
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
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)
A. F. Aysan
21
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
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 (2006-2008)
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
A. F. Aysan
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Yapı Kredi Economic Review
Bogazici 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
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 Spring 2006-2011
Responsible for Advisor and Course Quota Assignment, Summer 2007-2011
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)
A. F. Aysan
23
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)
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)
A. F. Aysan
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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)
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)
A. F. Aysan
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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”, Bogazici University, ECONFIN Department of Economics, September
2011
Serhan Helvacioğlu, “How Do Foreign Banks In Turkey Differ During The Global
Crisis?”, Bogazici University, ECONFIN Department of Economics, September 2011
Atahan Ozgunay, “Regulation Of Financial Markets In Turkey”, Bogazici University,
ECONFIN Department of Economics, August 2011
Orhan Balta, “Comparison of Credit Card Market Regulation In Turkey And USA” ,
Bogazici University, ECONFIN Department of Economics, August 2011
Sezen Alkan, “How Do Foreign Banks in Turkey Differ During The Global Crisis?”,
Bogazici University, ECONFIN Department of Economics, August 2010
Burcu Gökbudak, “The Role Of G20 In Shaping New International Financial
Architecture”, Bogazici University, ECONFIN Department of Economics, August 2010
Ismet Cenk Kucukunal, “Credit Card Competition In Turkey”, Bogazici University,
ECONFIN Department of Economics, August 2010
Mukaddes Ilyas, “The Determinants of Non-Performing Loans”, Bogazici University,
Department of Economics, June 2010
Mehmet Emir Tosun, “Financial Leasing in Turkey, A Sector Underrated” Bogazici
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? Bogazici University, ECONFIN Department of
Economics, August 2009
Berna Toksoy, “Foreign Bank Entry Into Emerging Economies: the Case Of Turkey”
Bogazici University, ECONFIN Department of Economics, August 2009
Sedef Yenici, “Financial Market Development In Turkey After Crises Era” Bogazici
University, ECONFIN Department of Economics, June 2009
Yiğit Gülbaş, “CREDIT CARD COMPETITION IN TURKEY” Bogazici University,
ECONFIN Department of Economics, August 2008
A. F. Aysan
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Hakan Öğe, “The Key Determinant of the Economy, Interest Rates”, Bogazici
University, ECONFIN Department of Economics, August 2008
Gökçen Öğrük, “Governance Institutions, Investment in Central Eastern European
Countries and Turkey”, Bogazici University, Department of Economics, August 2007
Safiye Seden Hizarcıoğlu, “Sailing In Heavy Seas: the November 2000 and February
2001 Turkish Financial Crises”, Bogazici University, ECONFIN Department of
Economics, August 2007
Ismail Fatih Canbolat, “Foreign Bank Entry in Turkish Market”, Bogazici University,
ECONFIN Department of Economics, August 2007
Zeynep Ersoy, “Private Investment, Government Spending and Governance Institutions:
The Case of Middle East and North Africa”, Bogazici University, Department of
Economics, January 2007
Oktay Aşık, “The Commission, Bonus and Installment Payment Properties of the credit
card Market from the Perspective of Banks and Mercantile”, Bogazici University,
ECONFIN Department of Economics, August 2006
Lerzan Yıldız, “The Regulation of the Credit Card Market in Turkey”, Bogazici
University, ECONFIN Department of Economics, August 2006
Mehmet Çağrı Gündoğdu, “The Customs Union: Has the nightmare turned into reality? A
Turkish Automotive Industry Perspective”, Bogazici University, MAPES, August 2006.
Umut Özsöz, “Competitive Advantage of Turkish White Goods Industry”, Bogazici
University, MAPES, August 2006
Nusret Ahmet Müslim, “Credit Card Competition in Turkey”, Bogazici 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