Working Papers

  • New Keynesian Structural VAR Model of Turkish Economy
  • Optimal Monetary Policy for Inflation Targeting Period in Turkey:  DSGE Model
  • The New Keynesian Phillips Curve for Turkey


  • The Role of the Private Construction Sector for Development: ARDL Analysis of Private Construction Sector in Turkey(with S.F. Kostakoglu). International Journal of Business and Social Science. ISSN 2219-1933 (Print), 2219-6021 (Online).Vol. 2 No. 8; May 2011.
  • Main Determinants of Inflation in Turkey: A Vector Error Correction Model. International Journal of Economics and Research. ISSN: 2229-6158. Vol.4 No.6: November-December 2013.
  • The Analysis of Monetary Policy in the Inflation Targeting Regime: An Estimated DSGE Model For Turkey. Anadolu University Journal of Social Sciences. Special Issue. November 2016. Download
  • The Effect Of Foreign Exchange And Real Exchange Rate on Foreign Trade in Liberia: An Application Of Autoregressive Distributed Lag (ARDL) Approach. (with Emmanuel D. Togba). International Journal of Economics and Research. ISSN: 2229-6158. Vol.8 No.4 : 20 – 44. July 2017.
  • Monetary Policy And Bank Lending Chanel in Turkey. (with Z. Adalı). International Journal of Finance Banking Studies. Vol.6 No.2: 24-36.
  • Analysis of Business Cycles in Turkish Economy. (with İlyas Siklar). Journal of Current Researches on Business and Economics. Vol.8 No.1 : 53-62. March 2018.
  • Testing J-Curve Effect on Trade Balance in Turkish Economy. (with Z.C.Kansel). Journal of Financial Studies. Vol. 24 Is.1:53-69.
  • Does Economic Policy Work in Turkey?. Studies at The Crossroads of Management and Economics. IJOPEC Publication.
  • The Road to 2007 -2008 Global Financial Crisis and the Risk-Taking Channel (with Z.Adalı). Current Researches in Economics and Administrative Sciences. Ivpe Cetinje.
  • Exchange Rate and Import Price Pass-Through in Turkey. Business and Economics Research Journal, 2020
  • Macroeconomic Determinants of the Stock Prices in Turkey: An Application of the Fourier Cointegration Analysis (with Z. Adalı). Gazi Kitabevi, 2020
  • Revisiting Exchange Rate Dynamics for Turkey. IJOPEC Publication, 2020
  • Conclusions of Cooperative and Noncooperative Interactions between Monetary and Fiscal Policies in Small Scale Economy (with R. Ceylan, M.Tetik, H. Ulucan). Peter Lang, 2020.
  • How much Unemployment is Structural in Turkey? An Unobserved Components Approach (with İ. Siklar). Journal of Management and Economics Research, 2020
  • How Oil Prices Drive Inflation in Turkish Economy: Two Different Channels. (with Z. Adalı). Fiscaoeconomia, 2020
  • A Bootstrap Panel Granger Causality Analysis for Current Account Balance and Growth : A Case of Emerging Economies (with Z. Adalı). Efe Akademi, 2021.
  • Sustainability of Current Account Deficit in Turkish Economy. IJOPEC Publication, 2021
  • How Foreign Direct Investments Drive Trade Flows in Emerging Economies. (with Z. Adalı). Third Sector Social-Economy.2021
  • Credit Cycles and Business Cycles in Turkish Economy. Gazi Kitabevi, 2021
  • Asymmetric Effects of Exchange Rate on Inflation in Turkey: What Aggregated and Disaggregated Data Reveal (with A.Tugral). Erciyes Akademi, 2021
  • An Estimation of the Open Economy Hybrid New Keynesian Phillips Curve for Turkey (with İ. Siklar). Fiscaoeconomia, 2021.
  • An Empirical Comparison of Stock Market Bubbles (with Ö.Korkmaz, Z.Adalı). Business and Management Studies: An International Journal, 2021
  • Reaction of Monetary policy to Cost-Push Inflation in Turkey: A Leaning against Wind? (with M. Tetik). Eskişehir Osmangazi Üniversitesi İİİBF Dergisi, 2022