7. Cultural stereotypes of multinational banks (2025)  [Publication]  [NBER]  [CEPR]  [SRC]  [City]  [EIQ]  [CESifo]  

• Forthcoming at the Journal of the European Economic Association (with Barry Eichengreen).

• featured (among others) on  VoxEU,  LSE Business Review,  LSE Research for the World,  ProMarket,  The Banker  and  VoxTalks Economics (Podcast).

6. The Political scar of epidemics (2024)  [Publication]  [NBER]  [CEPR]  [SRC]  [EBRD]  [IZA]  [BOFiT]  [CESifo]

• The Economic Journal (with Barry Eichengreen and Cevat Giray Aksoy), Vol. 134, Issue 660, p. 1683–1700.

• featured (among others) on  VoxEU,  LSE Business Review,  LSE EUROPP,  ProMarket,  Government Executive (Podcast),  Pocket Dilemmas (Podcast),  Bloomberg (Podcast),  Daily Mail,  The Telegraph,  Euronews,  Mint,  Anadolu Agency,  Project Syndicate,  BBC News,  Daily Sabah,  The Guardian,  South China Morning Post,  The Washington Post,  Financial Post  and  Financial Times.

• discussed by two AI hosts on Spotify.

5. Epidemic exposure, financial technology, and the digital divide (2022)  [Publication]  [NBER]  [CEPR]  [SRC]  [EBRD]  [BOFiT]  [CESifo]  

• Journal of Money, Credit and Banking (with Barry Eichengreen and Cevat Giray Aksoy), Vol. 54, p. 1913-1940.

• featured (among others) on  VoxEU,  LSE Business Review,  LSE Covid-19 Blog,  ProMarket  and  KCL News Centre.

• discussed by two AI hosts on Spotify.

4. Lending cycles and real outcomes: Costs of political misalignment (2021)  [Publication]  [SRC]  [EBRD]  [BOFiT]  [LEQS]  [CESifo]

• The Economic Journal, (with Cagatay Bircan), Vol. 131, Issue 639, p. 2763–2796.

• featured (among others) on  VoxEU,  RES,  ERF,  LSE Business Review,  LSE EUROPP,  BBC News (1),  BBC News (2),  Reuters  and  Bloomberg.

• discussed by two AI hosts on Spotify.

3. Revenge of the experts: Will COVID-19 renew or diminish public trust in science? (2021)  [Publication]  [NBER]  [CEPR]  [SRC]  [EBRD]  [IZA]  [CESifo]

• Journal of Public Economics, (with Barry Eichengreen and Cevat Giray Aksoy), Vol. 193, 104343.

• featured (among others) on  VoxEU,  IZA World of Labor,  LSE Business Review,  LSE EUROPP,  ProMarket,  Frankfurter Allgemeine,  Times Higher Education,  Research Professional,  RPP Noticias,  PHYS.ORG,  NZ Herald,  Fortune,  Wall Street Journal  and  Forbes. 

• discussed by two AI hosts on Spotify.

2. Domestic banks as lightning rods? Home bias and information during the Eurozone crisis (2020)  [Publication]  [SSRN]  [SRC]  [BoF]  [LEQS]  [CESifo]

• Journal of Money, Credit and Banking, Vol. 52, p. 273-305.

• featured (among others) on VoxEU,  CEPS,  RES,  LSE Business Review,  LSE EUROPP  and  World Economic Forum.

• discussed by two AI hosts on Spotify.

1. ECB policy and Eurozone fragility: Was De Grauwe right? (2015)  [Publication]  [SSRN]

• Journal of International Money and Finance, (with Ana-Maria Fuertes and Elena Kalotychou), Vol. 54, p. 168-185.

• featured (among others) on  VoxEU,  CassKnowledge,  CEPS  and  World Economic Forum.

• discussed by two AI hosts on Spotify.

9. How will Covid-19 affect trust in the European Union? (2023)  [Publication]

(with Barry Eichengreen and Cevat Giray Aksoy), European Commission, Directorate-General for Economic and Financial Affairs, Székely, I., Ratto, M., A new era for Europe. Volume II, Emerging challenges, Székely, I.(editor), Ratto, M.(editor), Publications Office of the European Union. 

8. Digital divides during epidemics: Evidence from the adoption of fintech (2021)  [Publication]

(with Cevat Giray Aksoy), EBRD Transition Report 2021-22, Chapter 4. Box 4.3.

7. The "dark side" of state banks (2020)  [Publication]

(with Cagatay Bircan), EBRD Transition Report 2020-21, Chapter 3. Box 3.1.  

6. Synthetic forecasting method for COVID-19: Applications to UK and Turkey (2020)  [Publication]

Systemic Risk Centre Special Papers, No. 19.

5. Structural reforms in Europe: Lessons from early experiences (2020) [Publication]

(with Nauro Campos, Paul De Grauwe, Michael Ganslmeier, Yuemei Ji & Angelo Martelli), In Campos, N., De Grauwe, P. & Ji, Y. (Eds) 'Structural Reforms and Economic Growth in Europe', Cambridge University Press.

4. Labour market regulation and tax reforms in the EU: What works? Issues of sequencing and complementarity (2020) [Publication]

(with Nauro Campos, Michael Ganslmeier, Yuemei Ji & Angelo Martelli), In Campos, N., De Grauwe, P. & Ji, Y. (Eds) 'Structural Reforms and Economic Growth in Europe', Cambridge University Press.

• featured (among others) on  LSE Business Review. 

3. Financial crises and reforms: Progress or reversals? (2020) [Publication]  [CEPR]  [IZA]  [SRC]

(with Nauro Campos, Paul De Grauwe, Yuemei Ji & Angelo Martelli), In Campos, N., De Grauwe, P. & Ji, Y. (Eds) 'Structural Reforms and Economic Growth in Europe', Cambridge University Press.

• featured (among others) on  VoxEU,  LSE EUROPP  and  LSE Business Review. 

2. Elections and economic cycles: What can we learn from the recent Turkish experience? (2019)  [Publication]

(with Cagatay Bircan), In Atiyas, I., Diwan, I. & Malik, A. (Eds), 'Crony Capitalism in the Middle East', Oxford University Press.

1. Firm dynamics and productivity (2017)  [Publication]

(with Cagatay Bircan), EBRD Transition Report 2017-18, Chapter 2.