• Post-doc - College of Business Administration – Department of Economics and Finance, Valdosta State University, Georgia, US, 2016 - 2017 (six months).

• Ph.D. - Department of Econometrics, Institute of Social Sciences of Gazi University, Ankara, Türkiye, 2011.

• M.S.  - Department of Econometrics, Institute of Social Sciences of Gazi University, Ankara, Türkiye, 2005.

• B.S.  -  Department of Statistics, Gazi University, Ankara, Türkiye, 2002.

2025

• A New Look at Cross-Country Aggregation in the Global VAR Approach: Theory and Monte Carlo Simulation, Computational Economics, 65, 21-67 (with Halil İbrahim Gunduz & M. Eray Yucel) (SSCI) 

2024

• The Refinement of a Common Correlated Effect Estimator in Panel Unit Root Testing: An Extensive Simulation Study, Mathematics, 12(22), 1–25 (with Tolga Omay & Yılmaz Akdi & Meltem Eryılmaz) (SCI-E)

2023

• Revisiting the Financial Development and Economic Growth Nexus: Evidence from South Korea, Economics Bulletin, 43 (3), 1328 – 1337 (with Zulal Denaux & Mert Topcu) (ESCI).

• Disaggregating Renewable Energy-Growth Nexus: W-ARDL and W-Toda-Yamamoto Approaches. Renewable and Sustainable Energy Reviews, 2023, 188, 113769 (with Taner Akan & Halil İbrahim Gunduz & Ali Haydar Işık) (SCI-E) 

• Do the Carry Trades Respond to Geopolitical Risks? Evidence from BRICS Countries. Economic Systems, 2023, 47 (2), 101000 (Oguzhan Cepni & Ibrahim Ethem Guney & Muhammed Hasan Yilmaz) (SSCI)

• Delisting as an Indicator of Development in Stock Exchanges: A Schumpeterian Perspective. Journal of Research in Economics, Politics & Finance, 2022, 8(1), 20-39 (with Yasin Erdem Cevik) (In Turkish).

2022

• Bilateral J-Curve Between Turkey and the Eurozone. Journal of Mehmet Akif Ersoy University Economics and Administrative Sciences Faculty, 2022, 9(2), 1420 – 1432 (with Mert Topcu & Salih Özdemir) (ESCI).

• Panel Data Analysis of Telecommunications and Economic Growth. Journal of Research in Economics, Politics and Finance, 2022, 7(2), 366-385 (with Mustafa Bekar & Aslıhan Tüfekci & Yeliz Yalçın) (In Turkish).

• Does Change over Time the Causal Relationship between Economic Growth and Foreign Trade in Turkey? Ekoist: Journal of Econometrics and Statistics, 2022, 36, 43-62 (with Gülçin Kendirkıran) (In Turkish).

2021

• Time-Varying Causality between Renewable and Non-renewable Energy Consumption and Real Output: Sectoral Evidence from the United States. Renewable and Sustainable Energy Reviews, 2021, 149, 111326 (with Zulal Denaux & Mert Topcu) (SCI-E)

• Smooth Break Detection and De-Trending in Unit Root Testing. Mathematics, 2021, 9(4), 371–394 (with Tolga Omay & Syed Jawad Hussain Shahzad & Safwan Mohd Nor) (SCI-E) 

• Regime Dependent Causality Relationship between Energy Consumption and GDP Growth: Evidence from OECD Countries. Applied Economics, 2021, 53(19), 2230–2241 (with Zulal Denaux & Tolga Omay & Aviral Kumar Tiwari) (SSCI)

• Comparison of optimization algorithms for selecting the fractional frequency in Fourier form unit root tests. Applied Economics, 2021, 53(7), 761–780 (with Tolga Omay & Syed Jawad Hussain Shahzad) (SSCI) 

• GDP Prediction with MIDAS and MF-VAR Models. Journal of Statistical Research, 2021, 11(1), 1–28 (with Merve Aytekin) (In Turkish).

• COVID-19 and stock market volatility: A time varying perspective. Economics Bulletin, 2021, 41(3), 1681-1689 (with Mert Topcu & Ibrahim Yagli) (ESCI).

2020

• Stock price delay comparison of banks and non-bank financial institutions listed in BIST. Bankacılar Dergisi, 2020, 31(114), 50–68 (with Işıl Gürbüzer Yıldırım & Cihan Tanrıöver) (In Turkish).

• Is real per capita state personal income stationary? New nonlinear, asymmetric panel-data evidence. Bulletin of Economic Research, 2020, 72(1), 50–62 (with Rangan Gupta & Stephen M. Miller & Tolga Omay) (SSCI).

2018

• Structural break, nonlinearity, and asymmetry: A re-examination of PPP proposition. Applied Economics, 2018, 50(12), 1289–1308 (with Tolga Omay & Mubariz Hasanov) (SSCI).

Matlab Codes: https://drive.google.com/drive/folders/13bht0lpPrsTTtEZ5kfs-C1Z6-EDIKSX6?usp=share_link 

2017

• PPP hypothesis and temporary structural breaks. Economics Bulletin, 2017, 37(3), 1541–1548 (with Ayşegül Çorakçı & Tolga Omay) (ESCI).

Matlab Codes: https://drive.google.com/drive/folders/13Pmpve9tn0n48xk56zHkcK8TVa9Or15e?usp=share_link 

• Nonlinear error correction based cointegration test in panel data. Economics Letters, 2017, 157, 1–4 (with Tolga Omay & Zulal Denaux) (SSCI).

Matlab Codes: https://drive.google.com/drive/folders/13kFTj63HsD8RBhEH2fyXDTrlBkia0nvg?usp=share_link

• The comparison of power and optimization algorithms on unit root testing with smooth transition. Computational Economics, 2017, 49(4), 623–651 (with Tolga Omay) (SSCI).

• Real interest rates: Nonlinearity and structural breaks. Empirical Economics, 2017, 52(1), 283–307 (with Tolga Omay & Ayşegül Çorakçı) (SSCI).

Matlab Codes: https://drive.google.com/drive/folders/13ZUmDzz3D7jZtD_rYcHAA30bMZm1IESl?usp=share_link

• Re-examining the real interest rate parity hypothesis (RIPH) using panel unit root tests with asymmetry and cross-section dependence. Empirica, 2017, 44(1), 91–120 (with Ayşegül Çorakçı & Tolga Omay) (SSCI).

Matlab Codes: https://drive.google.com/drive/folders/13s_0v10k7uPjXt8z8jT5_dK9su_c_Zao?usp=share_link 

2016

• Causal relationship between asset prices and output in the United States: Evidence from the state–level panel granger causality test”, Regional Studies, 2016, 50(10), 1728–1741 (with Mehmet Balcilar & Nicholas Apergis & Beatrice D. Simo-Kengne & Tsangyao Chang & Rangan Gupta) (SSCI).

2015

• The effects of capital inflows on Turkish macroeconomic performance. Empirica, 2015, 42, 813–824 (with M. Hakan Berument & Zulal Denaux) (SSCI).

• Determining the asymmetric effects of oil price changes on macroeconomic variables: A case study of Turkey. Empirica, 2015, 42, 737–746 (with Yeliz Yalcin & Cengiz Arikan) (SSCI).

2014

• Re-examining the PPP hypothesis: A nonlinear asymmetric heterogeneous panel unit root test. Economic Modelling, 2014, 40, 184–190 (with Tolga Omay) (SSCI).

Matlab Codes: https://drive.google.com/drive/folders/13Z_HuljVn5bSUHFtCLSYFwrS3khGegQY?usp=share_link 

• The dynamic linkages of budget deficits and current account deficits nexus in EU countries: Bootstrap panel Granger causality test. International Journal of Economic Perspectives, 2014, 8(2), 16–26 (with Süleyman Bolat & Murat Belke).

2012

• The interest rate-inflation relationship under an inflation targeting regime: The case of Turkey. Journal of Asian Economics, 23, 476–485 (with Nezir Kose & Sezgin Aksoy) (SSCI).

2011

• Testing for Granger causality in heterogeneous mixed panels. Economic Modelling, 2011, 28, 870–876 (with Nezir Kose) (SSCI). 

Matlab Codes: https://drive.google.com/drive/folders/1JYhrAFRlnM9gDEsV5oxnvuaoD7sGCfsa?usp=share_link 

R Codes: https://drive.google.com/drive/folders/1JYjkEdSG3NIo2EJvi_IRPtuQEAy4bfIa?usp=share_link 

2010

• Investigating inflation persistence with Bai–Perron method in Turkey. Gazi Üniversitesi I.I.B.F Dergisi, 2010, 12, 1–26 (with Bedriye Saracoglu & Selin Güney) (In Turkish).

• The effect of foreign direct investment on employment in Turkish banking sector. Gazi Üniversitesi I.I.B.F Dergisi, 2010, 12, 205–237 (with Okan G. Bülbül) (In Turkish).

2008

• Tourism demand analysis for Turkey. Isletme Iktisat ve Finans Dergisi, 2008, 23, 24 – 40 (with Nezir Köse & Yeliz Yalçın) (In Turkish).

• The Kalman Filter method for break point estimation in unit root test. Applied Economics Letters, 2008, 15, 193–198 (with Nezir Kose & Yeliz Yalcin) (SSCI).

• Fractional unit root tests for dependent heterogeneous panels. Paper Presented at Ankara Hacı Bayram Veli University, 20th International Symposium on Econometrics, Operation Research and Statistics, February 12–14, 2020, Ankara, Turkey (with Nuri Ucar)

• Time-varying causality between financial development, income and trade volume in Turkey.Paper Presented at Ankara Hacı Bayram Veli University, 20th International Symposium on Econometrics, Operation Research and Statistics, February 12–14, 2020, Ankara, Turkey (with Gulcin Kendirkiran)

• Nonlinear relationship between sectoral renewable energy consumption and economic growth: Evidence from the U.S. 84th International Atlantic Economic Conference, October 5–8, 2017, Montreal, Canada (with Zulal S. Denaux)

• Nonlinear error correction-based panel cointegration test. Paper Presented at Karadeniz Technical University, 18th International Symposium on Econometrics, Operation Research and Statistics, October 5–7, 2017, Trabzon, Turkey (with Tolga Omay & Zulal S. Denaux)

• Parameter homogeneity test in cross section dependency panels: Sieve bootstrap method. Paper Presented at Cumhuriyet University, 17th International Symposium on Econometrics, Operation Research and Statistics, June 2–4, 2016, Sivas, Turkey (with Halil Ibrahim Gunduz)

• Macroeconomic effects of oil prices in different country groups: Interactive panel VAR analysis. Paper Presented at Cumhuriyet University, 17th International Symposium on Econometrics, Operation Research and Statistics, June 2–4, 2016, Sivas, Turkey (with Yeliz Yalçın & Nezir Köse)

• A bootstrap unit root test using fractional frequency flexible Fourier form. Paper Presented at Eskisehir Osmangazi University, 9th International Statistics Congress, October 28–November 1, 2015, Antalya, Turkey (with Tolga Omay)

• Perceptions of customers about product placement applications in television serials according to their demographic characteristics. International Conference in Economics, September 3–5, 2014, Prag (with Metehan Tolon, Hatice Uc & Emel Sapmaz)

• A nonlinear asymmetric heterogeneous panel unit root test” Paper Presented at Suleyman Demirel University. 15th International Symposium on Econometrics, Operation Research and Statistics, May 22–25, 2014, Isparta, Turkey (with Tolga Omay & Aysegül Eruygur)

• How does the composition of capital flows affect economic perfomance? An evidence from Turkey. 39th Eastern Economic Association Meetings, May 9–11, 2013, Newyork, USA (with Hakan Berument & Zulal Denaux)

• The determination of leading indicators of currency crises in the developing countries. Paper Presented at Sakarya University, 11th National Symposium on Econometrics, Operation Research and Statistics, 2010, Sakarya, Turkey (with Bedriye Saracoglu)

• Interest rates-inflation relationship under the inflation targeting regime in Turkey. Paper Presented at Ataturk University, 10th National Symposium on Econometrics, Operation Research and Statistics, 2009, Erzurum, Turkey (with Nezir Kose & Sezgin Aksoy)

• Granger causality test in heterogeneous panel data: Meta-analysis. Paper Presented at Samsun On Dokuz Mayıs University, 6th Statistics Days Symposium, 2008, Samsun, Turkey (with Nezir Köse)

• Determination of structural change in Turkey's inflation rate. Paper Presented at Dokuz Eylul University, 9th National Symposium on Econometrics, Operation Research and Statistics, 2008, Izmir, Turkey (with Selin Güney & Bedriye Saraçoğlu)

• Tourism demand analysis for Turkey. 5th Statistics Congress and Risk Measurement, May 24–27, 2007, Antalya, Turkey (with Yeliz Yalcin & Nezir Kose)

• The problem of incorrect estimation of break point in unit root tests: The performance of alternative methods. 7th National Conference on Econometrics, Operation Research and Statistics, Istanbul University, May 26–27, 2005, Istanbul, Turkey (with Nezir Kose & Yeliz Yalcin)

• Merve Kurt Değirmenci, "Identifying Leading Indicators of Financial Crises in Türkiye with Mixed-Frequency Data Sampling", Ankara Hacı Bayram Veli University the Institute of Graduate Studies, Phd. Thesis, September 2024 (In Turkish).

• Selim Çelikten, "Optimization of Capacity Reservation Cost at Main Exit Points of BOTAŞ Natural Gas Transmission Lines by Applying Gradient Descent Algorithm", Ankara Haci Bayram Veli University the Institute of Graduate Studies, M.Sc. Thesis, November 2023  (In Turkish).

• Oğuzhan Çepni, "Expectation Survey Based Prediction Model for Turkish Economic Growth", Gazi University Graduate School of Educational Sciences, Phd. Thesis, May 2023 (In Turkish).

• Muhammed Mahmud Ertem, "Local Currency Bond Risk Premium Analysis with Macroeconomic and Financial Variables", CBRT Specialization Thesis, April 2022 (In Turkish). 

• Gülçin Kendirkıran, "The Relationship Between Economic Growth and Foreign Trade in Turkey: Time-Varying Causality Approaches", Ankara Haci Bayram Veli University the Institute of Graduate Studies, M.Sc. Thesis, January 2021  (In Turkish).

• Nuriye Topyıldız, "The Testing of the Convergence Hypothesis of The Tourism Industry with Nonlinear Model In Turkey", Gazi University Graduate School of Educational Sciences, M.Sc. Thesis, September 2019 (In Turkish).

• Münevver Özler, "Long-Term Relationship Between Stock Prices and Macroeconomic Variables: The BIST Case", Gazi University Graduate School of Educational Sciences, M.Sc. Thesis, September 2019 (In Turkish).

• Merve Aytekin, "Exchange Rate Pass-Through to Domestic Prices In Turkey By Structural VAR Modeling", Gazi University Graduate School of Educational Sciences, M.Sc. Thesis, July 2019 (In Turkish).

• Safiye Ece Mola, "The Effect of Economic Freedom on Economic Growth: Developed and Developing Countries Panel Data Analysis", Gazi University Graduate School of Educational Sciences, M.Sc. Thesis, June 2019 (In Turkish).

• Şaziye Sina Kılıç Gül, "Common Effects of Uncertainty in Oil Prices and Exchange Rate on Current Account in Turkey", Gazi University Graduate School of Educational Sciences, M.Sc. Thesis, January 2019 (In Turkish).

Econometric Reviews, Central Bank of Working Papers, Journal of Applied Statistics, Economic Modelling, Applied Economics, Regional Studies, Environmental Science and Pollution Research, Cleaner Environmental Systems, Environmental Science & Technology Letters, Energy Policy, Finance Research Letters, METU Studies in Development. 

Birth: 1981, Kahramanmaraş, Türkiye

Citizenship: Republic of Türkiye

Languages: Turkish (native), English

Email: f.emirmahmutoglu@hbv.edu.tr; emirfurkan@gmail.com