Assistant Professor of Economics, Sabancı University (2022-present)
Director, TÜSİAD Competitiveness Forum (REF)
Senior Researcher, Istanbul Policy Center (IPM)
PhD in Economics, University of Texas at Austin (2022)
(Advisors: S. Bhattarai & O. Coibion)
Research Fields:
Macroeconomics
Monetary policy
Empirical macro-finance
Email: emrehan.aktug@sabanciuniv.edu
"Inflation Expectations and Firms’ Decisions in High Inflation: Evidence from a Randomized Control Trial", American Economic Review, 2026 (with O. Akarsu and H. Torun). PDF link, SSRN link, SLIDES
"How Do Monetary Policy and Inflation Announcements Affect Firm Expectations in High Inflation?", Journal of European Economic Association, 2026 (with O. Akarsu). PDF link
"Hand-to-Mouth Households in the Eurosystem and the Transmission of Monetary Policy", European Economic Review, 2026 (with O. Akarsu and M. Küçükbayrak). PDF link
"Optimal Exchange Rate Policy with Oil Shocks", IMF Economic Review, 2026 (with A. Rezghi). PDF link
"Informational Inertia in a Decentralized Prediction Market: Evidence from the May 2024 CPI Leak", Finance Research Letters, 2026 (with O. Torul). SSRN link
"Asymmetric Overreaction", European Economic Review, 2025 (with A. Rezghi). PDF link
"A Quasi-Experiment in Monetary Policy: The Impact of Unexpected Easing on Inflation Expectations and Firm Behavior" Journal of International Money and Finance, 2026 (with O. Akarsu, A. Aldan, Ü. Seven). SSRN link