Research Interests: Financial Intermediation - International Finance - Political Economy

Academic Publications / Working Papers:

1. ECB policy and Eurozone fragility: Was De Grauwe right? (2015)  [SSRN link]  [Published version]
(with Ana-Maria Fuertes and Elena Kalotychou, also featured on CassKnowledge, VoxEUCEPS and World Economic Forum)
Journal of International Money and Finance, Vol. 54, p. 168-185.

2. Domestic Banks as lightning rods? Home bias and information during Eurozone crisis (2018)  [SSRN link]
(Working Paper, also featured on LSE's LEQS, CEPS and RES)

3. Political lending cycles and real outcomes: Evidence from Turkey (2018)
(Working Paper, with Cagatay Bircan, also featured on RES)

4. Idiosyncratic bank credit risk events and peers' equity: Wake-up calls? (2018)
(Working Paper, with Ana-Maria Fuertes and Dolores Robles)

5. Financial sector reform in the aftermath of crises (2018)
(Working Paper, with Nauro Campos, Paul De Grauwe & Yuemei Ji)




Book / Report Chapters:

1. Private equity as a source of growth (2015)  [Published version]
(with Cagatay Bircan, Markus Biesinger, Gian Piero Cigna & Zana Beqiri)
EBRD Transition Report 2015-16, Chapter 4.

2. Trends and value creation in private equity (2015)  [Published version]
(with Cagatay Bircan, Markus Biesinger & Zana Beqiri)
EBRD Transition Report 2015-16, Chapter 3.

3. Firm dynamics and productivity (2017)  [Published version]
(with Cagatay Bircan)
EBRD Transition Report 2017-18, Chapter 2.

4. Elections and economic cycles: What can we learn from the recent Turkish experience? (2018)
(with Cagatay Bircan)
forthcoming in Atiyas, I., Diwan, I. & Malik, A. (eds) 'Crony Capitalism in the Middle East', Oxford University Press.

5. Financial crises and reforms: Progress or reversals? (2019)
(with Nauro Campos, Paul De Grauwe, Yuemei Ji & Angelo Martelli)
forthcoming in Campos, N., De Grauwe, P. & Ji, Y. (eds) 'Political Economy of Structural Reforms', Cambridge University Press.

6. Labour market regulation and tax reforms in the EU: What works? Issues of sequencing and complementarity (2019)
(with Nauro Campos, Paul De Grauwe, Yuemei Ji & Angelo Martelli)
forthcoming in Campos, N., De Grauwe, P. & Ji, Y. (eds) 'Political Economy of Structural Reforms', Cambridge University Press.