Prof. Dr. Afsin Sahin
Personal Web Page
Research Interests: Macroeconomics, Macro-Finance, Money-Banking,
Monetary Economics, Applied Econometrics.
Şahin, Afşin (2025). “The Struggle of Fragile Sectors: The Anatomy of Corporate Bankruptcies in Türkiye”, (in Turkish), Akademi Publications, Ankara, Türkiye. https://akademisyen.com/kirilgan-sektorlerin-mucadelesi-turkiyede-sirket-iflaslarinin-anatomisi
“Alanya Tourism Economy: Financial Risks, Opportunities and Sustainability”, “Alanya Turizm Ekonomisi: Finansal Riskler, Fırslatlar ve Sürdürülebilirlik”, 14. Alanya Tarih, Kültür ve Alanya Araştırmaları Sempozyumu, 8-9 Kasım 2025, Alanya, Türkiye.
Şahin, Afşin (2024). Introduction to Economics (in Turkish), Akademi Publications, Ankara, Türkiye.
Şahin, Afşin (2021). Money, Banking & Economic Growth, Nobel Publications Inc., September, First Edition, Ankara, Turkey.
Şahin, Afşin (2022). "The Effects of the Confidence in the US Banking Sector to the Economic Growth: An Application of the Smooth Local Projections Method for Estimating Impulse Responses", Journal of Applied Economics and Business Research, Vol. 12, No. 1: 1-19.
"İran Merkez Bankası Röportajı", “Röportaj”, Iran Merkez Bankası Dergisi, Tazehaye Eghtesad, Kasım-Aralık 2024, Sayı: 70, ss. 5-10.
Şahin, Afşin (2022). “Basiretli Tacir, İktisadi Değişkenler ve Rasyonel Bekleyişler”, 5th International Congress on Economics, Finance & Energy (EFE’2022), September 7-9, 2022, Turkistan, Kazakhstan.
Şahin, Afşin (2021). Contemporary Interpretations on Economics, Finance and Banking, Nobel Publications Inc., February, 2021, Second Edition, Ankara, Turkey (in Turkish).
Şahin, Afşin (2011). Notes on Economics, Savaş Publications Inc., Ankara Turkey, September, 2011. (in Turkish).
Goktug Sahin and Afsin Sahin (2023). "An Empirical Examination of Asymmetry on Exchange Rate Spread Using the Quantile Autoregressive Distributed Lag (QARDL) Model", Journal of Risk and Financial Management, Vol. 16: 1-25.
Sahin, Afsin (2023). “Testing Distributions in Banking Sector Loans with Different Computer Programmes: An Experimental Analysis for Turkey”, Athens Journal of Business and Economics, 2023, Vol. 9, No. 2, April: 167-180.
“Examining the Environmental Phillips Curve Hypothesis in the Ten Most Polluting Emerging Economies: Economic Dynamics and Sustainability” (with Goktug Sahin, Mustafa Naimoğlu and İsmal Kavaz), Sustainability, 2025, Vol. 17, No. 3: 1-20.
Goktug Sahin and Afsin Sahin (2023). "Examining the Relationship between Yield Spread and Economic Growth in the Turkish Economy Using the Quantile-on-Quantile Regression Method", International Journal of Economics and Innovation, Vol. 9, No. 2: 317-329.
Afsin Sahin and Goktug Sahin (2023). "An Evaluation and Proposal on the Measurement Necessity for Controlling Inflation Expectations of Different Segments in Türkiye", Üçüncü Sektör Sosyal Ekonomi Dergisi, Vol. 58, No. 3: 2402-2423.
Mohamed, Mabruka and Sahin, Afsin (2020). An Analysis on the Relationship between Exchange Rate and Stock Prices in the Short-Run and Long-Run: NARDL Model Results for the Kuwait Economy”, Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi, Vol. 10, No. 2, 2020: 397-426.
Cengiz, Sibel and Sahin, Afsin (2020). “Importance and Role of Technological Progress on Job Creation: An Evidence for Turkey”, Karadeniz Uluslararası Bilimsel Dergi, Vol. 45, Spring: 160-172.
Cengiz, Sibel and Sahin, Afsin (2020). “Supports for Erasmus Youth Projects and Their Possible Effects on the Employment in Turkey”. (with Sibel Cengiz) In: İktisadi ve İdari Bilimler: Teori, Güncel Araştırmalar ve Yeni Eğilimler/2, Ivpe Publications, First Edition, (Ed.) Selim Demez, December 2020, Cetinje-Montenegro, pp. 82-96 (in Turkish).
Sahin, Afsin (2019). “Loom of Symmetric Pass-Through”, Economies, Vol. 7, No. 11: 1-25.
Sahin, Afsin and Berument, M. Hakan (2019). “Asymmetric Effects of Central Bank Funding on Banking Sector Lending”, Economic Research, Vol. 32, No. 1: 128-147.
Batjargal, Bayarmaa and Sahin, Afsin (2019). “Macroeconomic Determinants of Nonperforming Loans: An Application for the Mongolia Banking Sector”, VI. International Symposium on Social, Human and Administrative Sciences, April, 18-19-20, 2019.
Sahin, Afsin (2018). “Staying Vigilant of Uncertainty to Velocity of Money: An Application for Oil-Producing Countries”, OPEC Energy Review, Vol. 42, No. 2: 170-195.
Şahin, Afşin (2018). “The Effects of Non-Performing Loans Ratio and Deposits on Bank Embezzlement”, Sayıştay Dergisi, Vol. 109, 2018: 161-182.
Sahin, Afsin (2018). "Gross Domestic Product, Unemployment, Population and Conciliation Relationship: Classical Linear Regression Model Estimation", IV. International Symposium on Social, Humanities and Administrative Sciences, May, 3-5, 2018, Alanya, Turkey.
Sahin, Afsin and Dogan, Imdat (2017). “ADCCM-EGARCH Analysis on the Neutrality of Money for the US Economy”, Journal of Applied Sciences, Vol. 7, No. 7: 365-373.
Sahin, Afsin and Dogan, Imdat (2017). “Relationship between the Istanbul Chamber of Wholesale General Price Index and its Components: Asymmetric Conditional Correlation Analysis on Turkey, 1968-2015”, Journal of Yasar University, Vol. 12, No. 47: 215-235.
Dogan, Burak, Sahin, Afsin and Berument, M. Hakan (2016). “Rethinking Interest Rate Volatility as a Macroprudential Policy Tool”, Middle East Development Journal, Vol. 8, No. 1: 109-126.
Sahin, Afsin (2016). “Short and Long-Run Effects of Exchange Rate on Stock Price Index: An Application to the Fragile Five Countries by Smooth Transition Regression Error Correction Model” (in Turkish), Ege Academic Review, Vol. 16, No. 2, 2016: 1-43.
Sahin, Afsin, Dogan, Burak and Berument, Hakan (2015). “Effectiveness of Reserve Option Mechanism as a Macroeconomic Prudential Tool: Evidence from Turkey”, Applied Economics, Vol. 47, No. 56: 6075-6087.
Sahin, Afsin, Tansel, Aysit and Berument, Hakan (2014). "Output-Employment Relationship across the Employment Status: Evidence from Turkey", Macroeconomics and Finance in Emerging Market Economies, Vol. 7, No. 1: 99-121.
Sahin, Afsin (2015). “Estimating Money Demand Function Using Threshold Vector Autoregressive Model for the Turkish Economy” (in Turkish), Bankacilar Dergisi, Vol. 26, No. 94: 3-24.
Sahin, Afsin and Ulke, Volkan (2015). “Effects of Interest Rate on the Macroeconomic Variables under Different Uncertainty Levels: Interaction Vector Autoregressive Model Application for Turkey” (in Turkish), Central Bank Review, Vol. 15, No. 1: 65-93.
Sahin, Afsin and Sahin, Goktug (2014). “An Overview on the Exchange Rate and Liability Dollarization in Turkey”, The International Journal of Applied Economics and Finance, Vol. 8, No. 3, 2014: 62-81.
Cengiz, Sibel and Sahin, Afsin (2014). “Modelling the Nonlinear Behavior of the Labor Force Participation Rate by STAR Models: An Application for Turkey”, International Journal of Economic Sciences and Applied Research, Vol. 7, No.1: 113-127.
Sahin, Afsin ve Cengiz, Sibel (2011). The Real Exchange Rate and the Employment Market: Evidence for Turkey by Panel Cointegration Analysis", African Journal of Business Management, Vol. 5, No. 14: 5845-5854.
Alkan, Baris, Atakan, Cemal and Sahin, Afsin (2012). "Visiual Comparison of the Main Macroeconomic Indicators for the High-Income OECD Countries with Area Biplot Method", (with Baris Alkan, Cemal Atakan), International Journal of Statistics and Economics, Vol. 9, No. A12: 13-33.
Berument, M. Hakan, Sahin, Afsin and Sahin, Serkan (2014). “The Relative Effects of Crude Oil Price and Exchange Rate on Petroleum Product Prices: Evidence from a Set of Northern Mediterranean Countries”, Economic Modelling, Vol. 42, October: 243-249.
Akdi, Yılmaz, Karamanoğlu, Yunus Emre and Sahin, Afsin (2014). “Unemployment by Education Status, Prices and Crime Relationship: Evidence from Turkey”, Güvenlik Bilimleri Dergisi, Vol. 1, May: 127-153.
Eksi Yilmaz Pinar Gulser, Akdi, Yilmaz and Sahin, Afsin (2014). “The Sources of Transition Probabilities in Turkish Employment Market: An Empirical Evidence for Overlapping Individual Data, 2007-2008” , Journal of Economic Cooperation and Development, Vol. 35: 23-46.
Cengiz, Sibel, Sahin, Afsin and Atasever, Gulbahar (2012). “The Determinants of Turkish Agricultural Employment”, Revista Tinerilor Economişti, Year: 9, Vol. 19: 174-189.
Selli, Ferhat, Bayaner, Ahmet, Akdi, Yilmaz and Sahin, Afsin (2011). "Dynamic Relationships in Meat Market", Electronic Journal of Applied Statistical Analysis Vol. 4, No. 1: 83-90.
Alkan, Baris B., Atakan, Cemal and Sahin, Afsin (2011). "Measuring Inequalities in the Distribution of Health Workers by Bi-plot Approach: The Case of Turkey", Journal of Economics and Behavioral Studies, Vol. 2, No. 2: 57-66.
Berument, Hakan M., Togay, Selahattin and Sahin, Afsin (2011). “An Identification of Monetary Policy Disturbances Using Non-Borrowed Reserves for a Small-Open Economy: Turkey”, Open Economies Review, Vol. 22, No. 4: 649-667.
Berument, Hakan M. and Sahin, Afsin (2010). “Seasonality in Inflation Volatility: Evidence from Turkey” (with Hakan Berument), Journal of Applied Economics, Vol. 13, No. 1: 39-65.
Sahin, Afsin and Cetinkaya, Murat (2010). “New Evidence for Turkey on the Relationship between Defense Spending and Aggregate Output”, European Journal of Social Sciences, Vol. 13, No. 3: 437-462.
Cengiz, Sibel and Sahin, Afsin (2010). “Another Brick for the Aggregate Consumption Puzzle in Turkey” (with Sibel Cengiz), International Research Journal of Finance and Economics, Vol. 45, August, 2010: 135-160.
Sahin, Afsin, Atakan, Cemal and Alkan B. Baris (2010). “Analyzing the Newly Defined Industrial Production Index and its Sub-Groups by Bip-lot Approach”, (with Baris Alkan) Journal of Yasar University, Vol. 18, No. 5: 2958-2969. (In Turkish).
Sahin, Afsin and Cengiz, Sibel (2010). “The Effects of the 16th Century Price Revolution and the Ottoman –Iran Wars on the Ottoman Silk Industry”, (with Sibel Cengiz), İşletme ve Ekonomi Araştırmaları Dergisi, Vol., 1, No. 1: 69-82. (In Turkish).
Berument, Hakan, Kose Nezir and Sahin, Afsin (2010). “Seasonal Patterns of Inflation Uncertainty for the US Economy: an EGARCH Model Results”, IUP Journal of Monetary Economics, Vol. 8, Issues: 1&2: 7-22.
Cetinkaya, Murat and Sahin, Afsin (2009). “The Effects of Government Spending on Economic Growth”, (with Murat Cetinkaya), Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Sayı: 22, 2009: 105-115. (In Turkish).
Berument, Hakan M., Saracoglu, Bedriye and Sahin, Afsin (2009). “The Choice of Monetary Policy Tool(s) and Relative Price Variability: Evidence from Turkey” (with Hakan Berument and Bedriye Saracoglu), Journal of Applied Sciences, Vol. 9, No. 12 2009: 2238-2246.
Sahin, Afsin, Altinok, Serdar and Cetinkaya, Murat (2009). “An Investigation of Inflation Persistency in Frequency-Domain: An Evidence from Turkey”, Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 10, No. 4, 2009: 1-20. (In Turkish).
Sahin, Afsin and Cetinkaya, Murat (2009). “Estimation Sectoral Inflation Persistency in Time-Domain: An Application for Turkey”, Finans Politik ve Ekonomik Yorumlar, Vol. 46, No. 537: 25-40. (In Turkish).
Sahin, Afsin (2009). “Relationship between Trade Openness Ratio and Aggregate Output: An Application on Turkey (1989-2008)” (in Turkish), Ekev Academic Review, Year: 13, Vol. 39, Spring: 1-18. (In Turkish).
Akdi, Yilmaz, Sahin, Afsin and Atakan, Cemal (2008). “Cointegration Relationship between the Two Sides of the Electric Energy Sector”, Selcuk Journal of Applied Mathematics, Vol. 9, No. 2: 65-72.
“An Investigation on the Shuttle Trade Dynamics of a Small-Open-Economy” (with Yilmaz Akdi and Cemal Atakan), International Journal of Economic Sciences and Applied Research, Vol. 1, No.2, December, 2008: 1-12.
Sahin, Afsin (2008). “An Investigation on the Government Intervention in Wheat Market in Turkey”, Icfai University Journal of Public Finance, Vol. 6, No. 4: 72-78.
Sahin, Afsin and Berk, Ali (2008). “Single Farm Payment Scheme in the European Union and an Evaluation for Turkey”, (in Turkish), (with Ali Berk), Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 10, No. 2: 197-219.
Sahin, Afsin (2007). “Water Pricing Policies in Turkish Agriculture Sector”, Kamu-İş İş Hukuku ve İktisat Dergisi, Vol. 9, No. 3: 97-109. (In Turkish).
“Wheat Yield Dynamics: A Structural Econometric Approach” Pakistan Journal of Biological Sciences, (with Yilmaz Akdi and Fahrettin Arslan), Vol. 10, No. 20, 2007: 3533-3540.
Sahin, Afsin and Akdi, Yilmaz (2007). “The Index of Prices Received by the Farmers and, its Relationship to Aggregate Price Indices and the Exchange Rate”, İktisat, İşletme ve Finans, Year: 21, Issue: 252:116-126. (In Turkish).
Berument, Hakan, Coskun, Nejat and Sahin, Afsin (2007). “Day of the Week Effect on Foreign Exchange Market Volatility: Evidence from Turkey”, Research in International Business and Finance ,Volume 21, Issue 1 , January: 87-97.
Sahin, Afsin, Saracoglu, Metin and Duman, I. Halil (2006). “The Function of Rural Development Politics on Migration from Rural to Urban Fact in Turkey”, (in Turkish), (with Metin Saracogolu and I. Halil Duman), Ekev Academic Review, Summer, Year: 10, Number: 28: 295-308.
Sahin, Afsin and Saracoglu, Metin (2006). “An Evaluation of Agricultural Structure for European Union Membership” (with Metin Saracoglu), Kamu-İş İş Hukuku ve İktisat Dergisi, (in Turkish), Vol. 8, No. 4: 171-197.
Sahin, Afsin (2005). “The Foreign Debt Problem of Less Developed Countries and an Evaluation in the View of Economic Development”, (in Turkish), Finans Politik ve Ekonomik Yorumlar Dergisi, August, Year: 42, Number: 497: 27-40.
Sahin, Afsin (2004). “Theoretical Approaches to the Relationship between Foreign Trade and Economic Growth: An Evaluation of Turkish Economy 2000-2004”, (in Turkish), Finans Politik ve Ekonomik Yorumlar Dergisi, August, Year: 41, Number: 485: 5-20.
Prof. Dr. Afsin Sahin
Department of Finance and Banking
Faculty of Financial Sciences
Ankara Haci Bayram Veli University
06571, Besevler, Ankara, Turkey.
e-mail1: afsin.sahin@hbv.edu.tr
e-mail2: afsinsahin@gmail.com
Phone (Mobile): +90 (541) 8047096
Phone (Office) : +90 (312) 2162095
Fax: : +90 (312) 2162095