Mehmet Orhan, PhD
Assoc. Prof.,
Department of Economics, Phone: ++90 212 866 33 00 - 5012
Faculty of Economics e-mail: morhan@fatih.edu.tr
and Administrative Sciences,
Fatih University,
34500, Buyukcekmece,
Istanbul, Turkiye
• Ph.D., Bilkent University, Institute of Social Sciences, Economics, 2000, Ankara, Turkey.
Thesis: Robust Regression, HCCM Estimators, and an Empirical Bayes Application.
Supervisor: Prof. Dr. Asad Zaman
• MA, Bilkent University, Institute of Social Sciences, Economics, 1995, Ankara, Turkey.
Thesis: Comparison of Several HCCMEs.
Supervisor: Prof. Dr. Asad Zaman
• BS, Bilkent University, Industrial Engineering, 1992, Turkey.
Professional Experience/ Employment History
• Chairperson, Department of Economics, FEAS, Fatih University, 2011 – .
• Vice Dean, Faculty of Economics and Administrative Sciences, Fatih University, 2010 – .
• Acting Dean, Faculty of Economics and Administrative Sciences, Fatih University, 2008 – 2009.
• Director, Institute of Social Sciences, Fatih University, 2004 – 2008.
• Assoc. Professor, Fatih University, Department of Economics, 2006 – present.
• Asst. Professor, Fatih University, Department of Economics, 2001 –2006.
• Lecturer, Fatih University, Department of Economics, 1999-2001.
• RA, Bilkent Universty, Ecoomics Department, 1995-1999.
Publications:
• Mehmet Orhan and Ahmet Akin, "Performance of VaR in Assessing Risk: Empirical Evidence from the Istanbul Stock Exchange", (accepted) Journal of Economic and Social Research.
• M. Nihat Solakoglu, and Mehmet Orhan, “Impact of Macro Indicators on Short Selling: Evidence from Tokyo Stock Exchange” in Greg N. Gregoriou (Ed.) Handbook of Short Selling, Academic Press/Elsevier (Oct, 2011), in press.
• Erkan Ilgun, Karl-Josef Koch and Mehmet Orhan, "How Do Foreign Direct Investment and Growth Interact in Turkey? ", Eurasian Journal of Business and Economics, Vol. 3, No: 6, (2010), pp:41-55.
• Sami Keskek and Mehmet Orhan, "Inflation and Inflation Uncertainty in Turkey", Applied Economics, Vol. 42, No: 10-12, (2010), pp:1281-1291.
• Bulent Koksal and Mehmet Orhan, “Stock Market Volatility of European Emerging Markets as Signals to Macroeconomic Activities” in Greg N. Gregoriou (Ed.) Emerging Markets: Performance Analysis and Innovation, Chapman Hall-CRC/Taylor and Francis (2009), pp: 215-234.
• Yavuz Agan, Ender Sevinc, and Mehmet Orhan, "Impact of Main Macroeconomic Indicators on Happiness ", European Journal of Economic and Political Studies, Vol. 2, No: 2, (2009), pp:13-21.
• M. Nihat Solakoglu, Nazmi Demir and Mehmet Orhan, “Are Macroeconomic Variables Important for the Stock Market Volatility? Evidence from the Istanbul Stock Exchange” in Greg N. Gregoriou (Ed.) Stock Market Volatility, Chapman Hall-CRC/Taylor and Francis (2009), pp: 519-534.
• Mehmet Orhan and Gokhan Karaahmet, “Risk Evaluation of Sectors Traded at the ISE with VaR” in Greg N. Gregoriou (Ed.) The VaR Implementation Handbook, McGraw-Hill (2009), pp: 339-357.
• Mehmet Orhan and M. Nihat Solakoglu, “The Role of Macro and Country-Specific Factors on the Use of Credit Derivatives: Sovereign CDS Market” in Greg N. Gregoriou and Paul Ali (Eds.), The Credit Derivatives Handbook: Global Perspectives, Innovations and Market Drivers, MacGraw-Hill (Finance and Investing), July 2008, pp:77-90.
• Mehmet Orhan, “Calmar Ratio”, “Factor Models”, “Hedging”, and “Optimization” in Greg N. Gregoriou (Ed.) Encyclopedia of Alternative Investments, Chapman-Hall, August 2008.
• Nihat M. Solakoglu and Mehmet Orhan, “Influence of M&As on Firm Value: Turkish Experience” in Greg N. Gregoriou and Karyn Neuhauser (Eds.), Mergers and Acquisitions Current Issues, Palgrave-MacMillan, Nov. 2007, 83-93.
• Mehmet Orhan, “Short and Long Run Performance of IPOs Traded on the Istanbul Stock Exchange” in Greg N. Gregoriou (Ed.) Initial Public Offerings: An International Perspective, Elsevier Finance (2006), Chapter 4, pp. 45-55.
• Mehmet Orhan and Turker Tekten, “Hedge Funds Investing in Emerging Markets” in Greg N. Gregoriou and Dieter Kaiser (Eds.), Hedge Funds and Managed Futures: A Handbook for Institutional Investors, Riskbooks (2006), Chapter 13, pp. 259-274.
• Mehmet Orhan, "Ekonometri Teorisine Kısa Bir Bakış", Akademik Araştırmalar Dergisi, Vol. 7, No. 30, Sep. 2006.
• Mehmet Orhan and Mesut Yılmaz, "Avrupa Risk Sermayesine Teorik Bir Bakış", Active Bankacılık ve Finans, Vol. 8, No. 50, 2006, pp. 36-41.
• Mehmet Orhan and Turker Tekten, "Gelişmekte Olan Piyasalarda Hedge Fonları: Türkiye Örneği", Active Bankacılık ve Finans, Vol. 8, No. 49, July 2006, pp. 58-67 .
• Sami Keskek and Mehmet Orhan, "Time Series Behavior of the Turkish Exchange Rate", Yapi Kredi Economic Review, Vol. 17, No. 1, June 2006, pp. 1-15.
• Sami Keskek and Mehmet Orhan, "Türkiye'de Döviz Kuru Dinamikleri: 1987:2004", İktisat İşletme ve Finans, No. 237, Dec. 2005, pp. 92-111.
• Mehmet Dikkaya and Mehmet Orhan, "Economies of the Black Sea Economic Cooperation (BSEC) Countries ", Journal of Economic and Social Research, Vol. 6, No. 2, June 2004, pp. 63-86.
• Gulnur Muradoglu, Asad Zaman, and Mehmet Orhan, "Measuring the Systematic Risk of IPO's Using Empirical Bayes Estimates in the Thinly Traded ISE", International Journal of Business, Vol. 8, No. 3, Jun. 2003, pp. 315-334.
• Mehmet Orhan, "Küreselleşmenin Ekonomik Boyutu", Akademik Araştırmalar Dergisi, Vol. 4, No. 15, Jan. 2003, pp. 17-24.
• Asad Zaman, Peter J. Rousseeuw and Mehmet Orhan, "Econometric Applications of High-Breakdown Robust Regression Techniques", Economics Letters, Vol. 71, No. 1, Apr. 2001, pp. 1-8.
• Mehmet Orhan, "Outlier Detection and Treatment in Econometric Applications", Fatih University, 2001.
• Erdem Basci and Mehmet Orhan, "Reinforcement Learning and Dynamic Optimization", Journal of Economic and Social Research, Vol. 2, No. 1, Jun. 2000, pp. 39-57.
Conference Proceedings
• Mehmet Orhan, “Robust HCCME Performances in Small Samples”, 3rd IASC World Conference on CSDA, Limassol, Southern Cyprus, Oct. 2005.
• Mehmet Orhan and Asad Zaman, “Comparison of Several Heteroskedasticity-Consistent Covariance Matrix Estimators”, METU ERC Conference, Ankara, Sep. 2000, pp. 1-20
Project
“Farklı-Varyans Uyumlu Kovaryans Tahmin Edicilerin daha iyi Tahmini için Dayanıklı Yöntemlerin Kullanılması” TUBITAK 1001, 2011 Mart- 2012 Mart.
Work-in-Progress
• Robust Methods to Improve the HCCME Performances.
• Optimal Control Theory Applied to the Turkish Macroeconomy.
• Estimation of Tax Revenue in Turkey.
• Impact of the FDI on Growth.
• Econometrics (Theoretical):
• Heteroskedasticity Consistent Covariance Matrix Estimators (HMMEs),
• Bayesian Inference,
• Robust Regression Techniques,
• Computer Simulation (including resampling methods like bootstrapping, jackkniving),
• Time Series Analysis,
• Econometrics (Applied):
• International Trade,
• Inflation and Inflation Uncertainty,
• Optimal Control of Growth,
• Exchange Rate Determination,
• Reinforcement Learning,
• Topics in Finance
• Initial Public Offerings,
• Hedge Funds,
• Venture Capital,
• Mergers and Acquisitions,
• Credit Derivatives.
Professional Service
• Acting Chairperson, Department of Economics, FEAS, Fatih University, 2011-.
• Acting Dean, Faculty of Economics and Administrative Sciences, Fatih University, 2008-2009.
• Member, University Senate, Fatih University, 2004-2009.
• Member, University Administration Board, Fatih University, 2008-2009.
• Member, Faculty Board, Fatih University, School of Economics and Administrative Sciences, 2007-present
• Member, Editorial Board of Eurasian Review of Econometrics, 2006-present.
• Projects Evaluation Committee, Fatih University, 2004-present
• Member, Faculty Board, Fatih University, School of Economics and Administrative Sciences, 2003-2005
• Director, Institute of Social Sciences, Fatih University, 2004-2008.
• Vice Director, Institute of Social Sciences, Fatih University, 2003-2004.
• Vice Chairman, Department of Economics, Fatih University, 2002-2003
• Member, Department Board, 2001-present.
• Coordinator, Working papers, Bilkent Univesity, 1996-1998.
• Referee for Economics Letters,Contemporary Economic Policy, Economic Modelling, Journal of Economic and Social Research, UEDPT, EJBE, IBSU, BDDK Bankacılık ve Finansal Piyasalar Dergisi, Eurasian Review of Econometrics, and Journal of Academic Studies.
Teaching
• Econometrics (graduate and undergraduate)
• Statistics (graduate and undergraduate)
• Microeconomics (elementary, intermediate, and advanced levels)
• Macroeconomics (elementary, intermediate, and advanced levels)
• International Economics (undergraduate)
• Economic Analysis (undergraduate)
Awards, Honors, and Distinctions
• Included in 2010 Edition of Marquis’ “Who’s Who in the World?”.
• Top 10 downloaded paper in SSRN, (draft later published in the IJB), December 2001.
• Full scholarship, Science High School, Kayseri, 1985-1988
• Full scholarship, undergraduate program, Bilkent Un., Ind. Eng. Dep., 1988-1992.
• Full scholarship, graduate program, Bilkent Un., Economics Dep., 1993-19995.
• Full scholarship, Ph.D. program, Bilkent Un., Economics Dep., 1995-1999.
Selected Citations Received
• AO Onder and A Zaman, Robust Tests for Normality of Errors in Regression Models, Economics Letters, 86, 1, 63-68, 01/2005.
• Cheng TC , Robust regression diagnostics with data transformations , COMPUTATIONAL STATISTICS & DATA ANALYSIS , 49, 3, 875-891, 06/2005.
• DeJuan J, The response of consumption to income innovations: Evidence from UK regions, REGIONAL STUDIES, 37, 5, 445-451, 07/2003.
• Villier L, Navarro N, Biodiversity dynamics and their driving factors during the Cretaceous diversification of Spatangoida (Echinoidea, Echinodermata), PALAEOGEOGRAPHY PALAEOCLIMATOLOGY PALAEOECOLOGY, 214, 3, 265-282, 10/2004.
Jin, L., Lai, YJ, and Long TX (2004) “Peak load forecasting based on robust regression model ”, 2004 International Conference on Probabilistic Methods Applied to Power Systems, pp. 123-128
• Sapra SK, High-breakdown point estimation of some regression models, APPLIED ECONOMICS LETTERS, 10, 14, 875-878. (2003)
• DeJuan JP, Seater JJ, A simple test of Friedman's Permanent Income Hypothesis, Economica, 73, 289, 27-46, 02/2006.
• Pavel Čížek, Least trimmed squares in nonlinear regression under dependence, Journal of Statistical Planning and Inference, 136, 11, 3967-3988, 11/2006.
King G, Gakidou, E, Ravishanker, N, Moore, RT, Lakin, J, Vargas, M., Tellez-Rojo, MM Llamas, HH, (2007) “A "politically robust" experimental design for public policy evaluation, with application to the Mexican universal health insurance program ”, Journal of Policy Analysis and Management 26 (3), pp. 479-506
Bramati, MC, Croux, C. (2007) “Robust estimators for the fixed effects panel data model ”, Econometrics Journal 10 (3), pp. 521-540
Nagata, K., Hachiya, T. (2007) “Earnings management and the pricing of initial public offerings ” Review of Pacific Basin Financial Markets and Policies 10 (4), pp. 541-559
Jin, L. Jilai, Y. Zhou, L. (2007) “Load forecast for system operation in peak load period ”, 2007 IEEE Power Engineering Society General Meeting, PES, art. no. 4276038
• Tsung-Chi Cheng and Atanu Biswas, Maximum trimmed likelihood estimator for multivariate mixed continuous and categorical data, Computational Statistics & Data Analysis, 52, 4, 2042-2065, 1/2008.
Fagiolo, G. Napoletano, M. Roventini, A. (2008) “Are output growth-rate distributions fat-tailed? Some evidence from OECD countries ” Journal of Applied Econometrics 23 (5), pp. 639-669
Berggren N., Elinder, M., Jordahl, H. (2008) “Trust and growth: A shaky relationship ” Empirical Economics 35 (2), pp. 251-274.
Cizek, P. (2008) “General trimmed estimation: Robust approach to nonlinear and limited dependent variable models ” Econometric Theory 24 (6), pp. 1500-1529
Personal Information
Date of Birth: 14-09-1969.
Family: Married with three children.
Citizenship: Turkish.
Languages: Turkish (native speaker), English (fluent), German (elementary).
References
Available upon request.