Research

Publications

• Modeling the Great Recession as a Bank Panic: Challenges (with Lawrence Christiano and Xiaoming Li) (Economica Centenary Anniversary Issue, 2022) (WP Version)(Codes)

• The Emergence of Procyclical Fertility: The Role of Breadwinner Women (With Sena Coskun)( Journal of Monetary Economics March 2024)

• Financial Dollarization in Emerging Markets: An Insurance Mechanism  (Forhtcoming International Economic Review) (Online Appendix)
  Best Paper,  Research Award on Emerging Markets 2017, Central Bank of Turkey

Working Papers

• The International Monetary Transmission Mechanism   (with Santiago Camara and Lawrence Christiano) (Accepted for presentation in NBER Macro Annual)(Slides)

  • NBER Macro Annual Presentation

• Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?  (with Lawrence Christiano and Armen Nurbekyan) (Submitted) (CRC Working Paper) (Slides)(NBER WP)(Online Appendix)

  • • Short video explaining our findings 

• Corporate Dollar Debt in Emerging Markets (PDF)

Work-in-Progress

• Business Cycle Insurance and Currency Returns (with Kemal Ozhan) 

• Child Penalties and Fertility across Sectors (with Sena Coskun and Yasemin Ozdemir)