Latest Diebold-Yilmaz International Business Cycle Spillover Index (Tusiad-Koç University Economic Research Forum)
	Latest Diebold-Yilmaz Global Equity Market Spillover Index (Tusiad-Koç University Economic Research Forum)
	TUSIAD-Koç Üniversitesi Ekonomik Araştırma Forumu Araştırma Notu 09-02:  "Bu Kez Çok Farklı: Sanayileşmiş Ülkeler Birbirini Dibe Çekiyor," Mart 31, 2009
	VOX column on the current state of the global economy: "This Time it is Really Different: Major Industrialised Economies are Pulling Each Other into the Abyss," March 28, 2009.
	VOX interview on Financial Market Interdependence, March 20, 2009
	TUSIAD-Koç Üniversitesi Ekonomik Araştırma Forumu Politika Notu 09-01:  "Küresel Kriz, Durgunluk ve Artan Korumacılık Eğilimi," Mart 20, 2009

working papers

	“International Business Cycle Spillovers,” Manuscript, Koç University March 2009.
	“Better to Give than to Receive: Forecast-Based Measurement of Volatility Spillovers,” (with Francis X. Diebold ) Paper presented in the Workshop on Predictability in Financial Markets, International Institute of Forecasting, Lisbon, Portugal, January 2009.
	“Equity Market Spillovers in the Americas,” Manuscript, Koç University, (with Francis X. Diebold) October 2008.
	“The Intertemporal Relation Between Expected Return and Risk on Currency,” Manuscript, Koç University, (with Turan G. Bali)  August 2008
	“Integration with the Global Economy: The Case of Turkish Automobile and Consumer Electronics Industries,” TUSIAD-Koç University Economic Research Forum (ERF) Working Paper No. 0801 (with Erol Taymaz), February 2008
	“Siyasette Reform Zorunlu,”  work in progress, May 2007
	“Market Liquidity, Capitalization and the Predictability of Short-Horizon Stock Returns” revised November 2006
	“Foreign Direct Investment and Productivity Spillovers: Identifying Linkages through Product-based Measures,” January 2005
	“Market Development and Predictability of Stock Returns in Emerging Markets,” January 2004
	“Tax Hikes vs Expenditure Cuts: An Asymmetric Model of Delayed Stabilization,” 21 pages, June 2003
	“Political Elites and the Delay in Stabilization,” 43 pages, June 2001
	“Export Decision and Investment in Machinery & Equipment: Korean Textile Industry,”  18 pages, July 2000

refereed journal articles

	“Productivity Response to Reduction in Trade Barriers:  Evidence from Turkish Manufacturing Plants,”  (with Sule Ozler) Review of World Economics, forthcoming, 2009.
	“History Matters for the Export Decision:  Evidence from Turkish Manufacturing Industry,”  (with Sule Ozler and Erol Taymaz) World Development, Vol. 37, No. 2, pp. 479-488, February 2009.
	“Measuring Financial Asset Return and Volatility Spillovers, with Application to Global Equity Markets,” (with Francis X. Diebold) Economic Journal, Vol. 119, pp. 158-171, January 2009.
	For the weekly-updated Diebold-Yilmaz Global Equity Market Return and Volatility Spillover Indices: http://data.economicresearchforum.org/erf/SpillOverIndex.aspx
	“Trade Orientation and Productivity: Turkish Manufacturing Industry Before and After the Customs Union,” (with Erol Taymaz), Journal of International Trade and Diplomacy, Vol. 1, No. 1, Spring 2007
	“How Much Should the Primary Commodity Exports be Taxed? Nash and Stackelberg Equilibria in the Global Cocoa Market,” Journal of International Trade and Economic Development, Vol 15, No. 1, pp. 1-16, March 2006
	“Volatility and Contagion: Evidence from the Istanbul Stock Exchange," (with Emre Alper),  Economic Systems, Vol. 28, No. 4, pp. 353-367, December 2004
	“Martingale Property of Exchange Rates and Central Bank Interventions,” Journal of Business and Economic Statistics, Vol. 21, No. 3, pp. 383-395, July 2003
	“Imported Machinery for Export Competitiveness,” (with Ashoka Mody), World Bank Economic Review, Vol. 16, No. 1, pp. 23-48, 2002.
	“Markov Chain Test for Time Dependence and Homogeneity: An Analytical and Empirical Evaluation,”(with Barış Tan ), European Journal of Operations Research, Vol.137, No.3, pp. 524-543, 2002
	“Optimal Export Taxes in a Multicountry Framework,” Journal of Development Economics, Vol. 60, pp. 439-465, December 1999
	“Is There Persistence in Manufacturing Export Growth? Evidence From Newly Industrializing Countries,” (with Ashoka Mody) Journal of Development Economics, Vol. 53, pp. 447-470, December 1997
	“Privatization and Stock Market Efficiency: The British Experience,” (with Aydın Hayri),  Scottish Journal of Political Economy, Vol. 44, No.2, 113-133, May 1997
	“On Cointegration and Exchange Rate Dynamics,” (with Francis X. Diebold and J. Gardeazabal) Journal of Finance, Vol. 49, No.2, pp. 727-735, June 1994

articles in edited volume

	“Turkey’s Recent Trade and Foreign Direct Investment Performance,” (with Umit Izmen), In Z. Onis and F. Senses (eds.), Turkey and the Global Economy, Routledge, 2009, forthcoming.
	“Macroeconomic Volatility and Stock Market Volatility, World-Wide,” (with Francis X. Diebold), In Tim Bollerslev, Jeffrey Russell and Mark Watson (Eds.) , Volatility and Time Series Econometrics: Essays in Honour of Robert F. Engle, Oxford University Press, Oxford, 2009, forthcoming.
	“Talous EU-jäsenyyden kynnyksellä,” (Turkish Economy Toward EU Membership; with Bulent Gultekin), in Anu Leinonen, Tuula Kojo, Sampsa Peltonen, Mervi Nousiainen & Lauri Tainio (eds), Turkki - Euroopan rajalla?, pp.201-221, Helsinki: Gaudeamus Helsinki University Press, November 2007.
	“Turkey’s Foreign Direct Investment Challenges: Competition, Rule of Law and and the EU Accession,” (with Mark Dutz and Melek Us), in Togan, Subidey, ed. Turkey: Economic Reform and Accession to the European Union, Oxford University Press, June 2005
	“The Turkish Economy before the EU Accession Talks,” (with N. Bulent Gültekin), in ed. Michael Lake, The EU and Turkey: A Glittering Prize or a Millstone?, The Federal Trust for Education and Research, London, UK, 2005 (June 2005)
	“Does Trade Liberalization Improve Productivity?  Plant level Evidence from Turkish Manufacturing Industry," (with Şule Özler), 2003, Regional Development: Reality or Myth? Selected Papers from the Ninth ERF Annual Conference
	“Domestic Needs for Foreign Finance and Exchange Rate Regime Choice in Developing Countries with Special Reference to the Turkish Experience,” (with Emre Alper) Turkish Studies, 2003
	“Market Development and Efficiency in Emerging Stock Markets,” Istanbul Stock Exchange Finance Award Series, 2002
	“Stock Return Volatility in Emerging Markets,” Boğaziçi Journal: Review of Social, Economic and Administrative Studies, Vol. 14, No. 1, pp. 45-60, 2000
	“Asset Returns, Inflation and Real Activity: The Case of Mexico and Turkey,” (with Sumru Altuğ) Boğaziçi Journal: Review of Social, Economic and Administrative Studies, Vol. 12, No.1, October 1998

journal articles in turkish

“Yüksek Enflasyon Sürecinde Siyasi Elitlerin Rolü: Arjantin, Brezilya, İsrail ve Türkiye Deneyimlerinin Karşılaştırmalı Analizi,” (Turkish translation of “Political Elites and the Delay in Stabilization,”)  İşletme ve Finans, No. 183, June 2001

articles in edited volume, in turkish

	“Türk Telekomünikasyon Sektöründe Reform: Özelleştirme, Düzenleme ve Serbestleşme,” (Reform in the Turkish telecommunications Sector: Privatization, Regulation, and Liberalization) in Atiyas, İzak, (Ed.)., Devletin Düzenleyici Rolü (State and Regulation), Turkish Economic and Social Research Foundation (TESEV) Publication, August 2000
	"Uluslararası Sermaye Akışı ve Yükselen Sermaye Piyasalarında Etkinlik," (International Capital Movements and Emerging Stock Market Efficiency) IV. National Econometricsand Statistics Symposium Proceedings, May 2000
	“Bütçe Açığı Finansmanı” (Financing the Budget Deficit);  Ortalamaya Dönme (Mean-reversion);  Hiperenflasyon (Hyperinflation);  İstikrar Politikaları (Stabilization Policy);   Gelirler Politikası (Incomes Policy), In Para ve Finans Ansiklopedisi (Encylopedia of Monetary Economics and Finance), (edited by Deniz Gökçe), Creative Yayıncılık, Istanbul, 1996
	"İngiliz Özelleştirme Programı ve Londra Menkul Kıymetler Borsası Üzerindeki Etkileri," published in Turan, İlter, ed., Özelleştirme Uluslararası Sempozyumu Tebliğleri, (Proceedings of the International Symposiumon Privatization),November 1995

books and monographs, in turkish

	Türkiye için Doğrudan Yabancı Yatırım Stratejisi’ne Doğru, (Towards a Foreign Direct Investment Strategy for Turkey),  in Turkish, YASED (International Investors’ Association of Turkey) Publication, forthcoming, February 2007
	Türkiye’de Büyüme Perspektifleri: Makroekonomik Çerçeve, Dinamikler, Strateji, (Growth Perspectives in Turkey: Macroeconomic Framework, Dynamics and the Strategy), in Turkish, with Alpay Filiztekin and Umit İzmen, TÜSİAD (Turkish Industrialists' and Businessmen's Association) Publication, June 2005

	Enflasyon ve Büyüme Dinamikleri: Gelişmekte Olan Ülke Deneyimleri Işığında Türkiye Analizi, (Inflation and Growth Dynamics: An Analysis of Turkey in the light of Developing Country Experiences), in Turkish, with Cevdet Akçay and Emre Alper, TÜSİAD (Turkish Industrialists' and Businessmen's Association) Publication, December 2002
	İhracatın Görünümü, 1996-97, (An Overview of Turkish Exports), in Turkish, Turkish Association of Exporters (TIM) Publication, April 1998
	Para Kurulu: Nedir, Ne Zaman Gerekir?; (Currency Board: Functions and Operation),  (with Bülent N.Gültekin ), in Turkish, Turkish Economic and Social Research Foundation (TESEV) Publication, May 1996