M. EGE YAZGAN

Contact: ege.yazgan@bilgi.edu.tr
İstanbul Bilgi Universitesi, Kurtuluşderesi Cad. No:47 Dolapdere, 34440, Beyoğlu, İstanbul,
Türkiye

EDUCATION :

PhD:(1996-2001) University of Sussex , Department of Economics

MA: (1991-1994) Istanbul University, Department of Economics

BA: (1987-1991) Istanbul University, Department of Economics

1999-2000 University of Cambridge, UK, Visiting Student

1992-1993 Boğazici University, (MA in Economics Student)

WORK EXPERIENCE :

2000 –
Istanbul Bilgi University, Department of Economics, Professor
(2008-2009, on leave)

2010 –
Istanbul Bilgi University, Faculty of Economics and Administrative Sciences,
Dean

2010 –
Istanbul Bilgi University, Faculty of Economics and Administrative Sciences,
Vice Dean

2009 – 2010 Istanbul Bilgi University, PhD in Economics, Director

2009 – 2010 Istanbul Bilgi University, BSc in Financial Mathematics, Coordinator

2008 – 2009
University of Cambridge, UK, Visiting Researcher

2001 -2008
Istanbul Bilgi University, MSc in Financial Economics, Director

2002- 2004
Istanbul Bilgi University, MSc in Economics, Director

2000 – 2008 Istanbul Bilgi University, e-MBA (A web-based MBA programme),
Constructive Board, Member and Technical Consultant

2004 – 2006 Istanbul Bilgi University, Training Programs for Managers,
Vice Coordinator

1997-1999
University of Sussex, UK, Part-time tutor

1992-1995
İstanbul University, Economics Department, Research assistant

COURSES TAUGHT :

Introductory Econometrics
Macroeconomics
International Economics

Mathematics for Economists
Statistics
Mathematical Statistics
Probability
Financial Econometrics (MA)
Statistics for Business
(MBA)
Advanced Econometrics (MSc)
Topics in Macroeconometrics (PhD)

PUBLICATIONS:

“The role of Asymmetries and Regime Shifts in the Term Structure of Interest Rates: Further
evidence from Turkish Market” (with B. Saltoglu), Emerging Markets, Finance and Trade,
forthcoming

“Has Inflation Targeting increased predictive power of term structure about future inflation:
Further evidence from Turkish Market”, Applied Financial Economics, 2011, (21)20, (with H.
Kaya)

“Price-Level Convergence: New Evidence from U.S. Cities” Economics Letters, 2011, 110,
(with H. Yilmazkuday)

“The IS Puzzle and the Relative Risk Aversion in Turkey”, Empirical Economics. Letters,
2010, 9(2), (with H. Yilmazkuday)

“Currency substitution, Policy Rule, and Pass-Through: Evidence from Turkey” Applied
Economics, 2010, 42(18) (with I. Zer)

“Exchange Rate Pass-Through in Turkish Export and Import Prices” Applied Economics,
2009, 41(17), (with B. Tekin)

“The Effects of Credit and Debit Cards on the Currency Demand” Applied Economics, 2009,
41(17), (with H. Yilmazkuday)

“Okun’s Convergence within the US” Letters in Spatial and Resource Sciences, 2009, 2(2),
(with H. Yilmazkuday),

“Monetary Policy Rules in Practice: Evidence from Turkey and Israel” Applied Financial
Economics, 2007, 17, 1(with H. Yilmazkuday)

“Inflation Dynamics of Turkey: A Structural Estimation” Studies in Nonlinear Dynamics &
Econometrics, 2005, 9, 1 (with H. Yilmazkuday )

“The purchasing power parity hypothesis for a high inflation country: a re-examination of the
case of Turkey”, Applied Economics Letters, 2003, 10, 143-147

“Is Turkish Exchange Rate Overvalued?” Yapı Kredi Economic Review, 2002, 13, No:2

“Exchange Rate Based Stabilisation Programs: Theory and Evidence”, in Turkish, (with K.
Akay), Ekonomi ve Yonetim Bilimleri Dergisi, 2000, V.1, N.2

“Are Real Wages Compatible in the Turkish Manufacturing Industry”, (with H. Kirmanoglu),
Topics in Middle Eastern and North African Economies: Proceedings of the Middle East
Economic Association (MEEA), 1999, V.1, New York, NY

Working Papers:

“Electricity Trade Patterns in a Network: Evidence from the Ontario Market”, (with T. Genç,
and J.O. Pineau), revised and re-submitted (Energy Economics)

Stengos, T. ve M. E. Yazgan, “Persistence in Convergence”, submitted (Macroeconomic
Dynamics)

Stengos, T. ve M. E. Yazgan, “Persistence in Real Exchange Rate Convergence”, submitted
(Studies in Nonlinear Dynamics and Econometrics)

“High versus Low Inflation: Implications on Price-Level Convergence” (with H. Yılmazkuday)

“Monetary Policy with Durable Goods” (with E. Volkan)

“Is Forecasting Inflation Easier under Inflation Targeting” (with H. Özkan)

“The Impact of Exchange Rate Movements on Firm Survival, Sales and Productivity: An
Examination with Turkish Firm Level Data” (with N. Toraganlı)

“Is there an optimal forecast combination? A stochastic dominance approach to forecast
combination puzzle” (with M. Pınar and T. Stengos)

“Is There a Global J Curve ?” (with S. Öztürk)

“Forecasting Macro Aggregates in Turkey” (with H. Kaya)

Conferences:
Midwest Finance Association, Annual Meeting, Las Vegas, February, 2010; The role of
Asymmetries and Regime Shifts in the Term Structure of Interest Rates
Society for Nonlinear Dynamics and Econometrics, Annual Symposium, Novaro, Italy, April,
2010; The role of Asymmetries and Regime Shifts in the Term Structure of Interest Rates
“The Canadian Economy’s 15 Golden Years in the Global Context”, Rimini Center for
Economic Analysis, Italy, June, 2010; Persistence in Convergence
The Society for the Study of Emerging Markets, EuroConference2010, Milas, Türkiye, June,
2010; The role of Asymmetries and Regime Shifts in the Term Structure of Interest Rates:
Further evidence from Turkish Market
ITU, Department of Economics Seminar Series, October, 2010; Persistence in Convergence
“Conference on the Transformation of the Turkish Economy”, Boğaziçi University Center for
Economics and Econometrics, İstanbul, December, 2010; The role of Asymmetries and
Regime Shifts in the Term Structure of Interest Rates: Further evidence from Turkish Market
University of Porto, Department of Economics Seminar Series, January, 2011; Persistence in
Convergence
Society for Nonlinear Dynamics and Econometrics, Annual Symposium, Washington DC,
March, 2011; Persistence in Convergence
İzmir University of Economics, Department of Economics Seminar Series, April, 2011;
Persistence in Real Exchange Rates
Bahçeşehir University, Department of Economics Seminar Series, May, 2011; Persistence in
Real Exchange Rates
The 6th BMRC-QASS Conference on Macro and Financial Economics, London, May, 2011;
Persistence in Convergence
“Finance Workshop”, Rimini Center for Economic Analysis, June, 2011; Persistence in
Convergence: Growth and Real Exchange Rate
65th European Meeting of the Econometric Society, Oslo, August, 2011; Persistence in
Convergence: Growth and Real Exchange Rate
Conference on Macroeconomic Policy in Open Economies during Times of Crisis, İstanbul
Bilgi University, June, 2011, Organizer, Opening Speech
5th Annual Methods in International Finance Network Workshop, Orleans, October, 2011,
Persistence in Real Exchange Rate Convergence
5th Annual Methods in International Finance Network Workshop, Orleans, October, 2011, Is
there an optimal forecast combination? A stochastic dominance approach to forecast
combination puzzle
Koç University, Department of Economics Seminar Series, Istanbul, November, 2011,
Persistence in Real Exchange Rate Convergence