Refet Gürkaynak

Email: refet@bilkent.edu.tr
Contact Number: +90 312 290 1891
Office: MA222
Personal Homepage: http://www.bilkent.edu.tr/~refet

EDUCATION
Ph.D., Economics, Princeton University, Princeton, NJ, 2004.
M.A., Economics, Princeton University, Princeton, NJ, 2001.
B.A., Economics, Bilkent University, Ankara, Turkey, 1996.

FIELDS OF SPECIALIZATION

Monetary Economics, Financial Economics, International Finance

PUBLICATIONS
“Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from Long-Term Bond Yields in the U.S., U.K., and Sweden,” (with Andrew Levin [Federal Reserve Board] and Eric Swanson [Federal Reserve Bank of San Francisco]) Journal of the European Economic Association 8(6), December 2010, 1208-1242.
“Türkiye’de Piyasa Göstergelerinden Para Politikasý Beklentilerinin Ölçülmesi,” (Harun Alp, Hakan Kara, Gürsu Keleþ ve Musa Orak [TCMB] ile)  Ýktisat, Ýþletme ve Finans 25, Ekim 2010, 21-25.
“Macroeconomics and the Term Structure,” (with Jonathan Wright [Johns Hopkins University]) Journal of Economic Literature, forthcoming.
How Useful are Estimated DSGE Model Forecasts for Central Bankers?” (with Rochelle Edge [Federal Reserve Board]) Brookings Papers on Economic Activity, forthcoming
• “Convergence and Anchoring of Yield Curves in the Euro Area” (with Michael Ehrmann [ECB], Marcel Fratszcher [ECB], and Eric Swanson [Federal Reserve Bank of San Francisco]) Review of Economics and Statistics, forthcoming.
• “Türkiye'de para politikasýnýn aktarýmý: Para politikasýnýn mali piyasalara etkisi” (with Zelal Aktaþ [TCMB], Harun Alp[TCMB], Mehtap Kesriyeli[TCMB], and Musa Orak[TCMB]) Ýktisat, Ýþletme ve Finans 24, May 2009, 9-24. 
• “The U.S. Treasury Yield Curve: 1961 to the Present.” (with Brian Sack and Jonathan Wright) Journal of Monetary Economics, vol. 54(8), pp. 2291-2304  (2007)
• “Market-Based Measures of Monetary Policy Expectations.” (with Brian Sack and Eric Swanson) Journal of Business and Economic Statistics, vol. 25(2), pp. 201-12 (2007)
• “Econometric Tests of Asset Price Bubbles: Taking Stock,” Journal of Economic Surveys, (Forthcoming)
• “Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements” (with Brian Sack and Eric Swanson) International Journal of Central Banking 1(1), May (2005), 55-93.
• “The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models” (with Brian Sack and Eric Swanson) American Economic Review 95(1), March (2005), 425-36.
• “Is Growth Exogenous? Taking Mankiw, Romer and Weil Seriously” (with Ben Bernanke) NBER Macroeconomics Annual, (2001).

PROFESSIONAL EXPERIENCE:
Associate Professor, Bilkent University, Department of Economics, 2010-present
Assistant Professor, Bilkent University, Department of Economics, 2005-2010.
Economist, Federal Reserve Board, Division of Monetary Affairs, 2001–2005.
Lecturer of Economics, and Public and International Affairs, Princeton University, 2000-2001.
Assistant Instructor, Princeton University, Department of Economics, 1998-1999.