Ümit Özlale
Email: ozlale@bilkent.edu.tr
Contact Number: +90 312 290 1955
Office: A211
Personal Homepage: http://www.bilkent.edu.tr/~ozlale/
EDUCATION
Ph.D in Economics, Boston College, June 2001. (Thesis: “Essays on Central Banking”)
M.A. in Economics, Boston College, June 1998.
B.A. in Economics, Middle East Technical University, June 1996.

FIELDS OF SPECIALIZATION

Monetary Economics, Applied Macroeconomics, Time Series Econometrics

PUBLICATIONS

• “Analyzing Time-Varying Effects of Potential Output Growth Shocks”, with Levent Özbek, forthcoming in Economics Letters, 2007.
“An Alternative Method to Measure the Likelihood of a Financial Crisis in an Emerging Market, with Kıvılcım Metin Özcan, forthcoming in Physica A: Statistical Mechanics and Its Applications, 2007.
“Assessing Selectivity and Market Timing Performance of Mutual Funds For An Emerging Market: The Case of Turkey”, with Serkan İmişiker, forthcoming in Emerging Markets, Finance and Trade, 2007.
• “Sources of Growth and The Output Gap For The Turkish Economy”, with K.M. Özcan and Ç. Sarıkaya, in Explaining Growth in the Middle East, edited by Jeff Nugent and Hashem Pesaran, pages: 237-266, North-Holland Publishing, 2007.
“Exchange Rate Regimes and Pass-Through: Evidence From The Turkish Economy”, with Hakan Kara, Burç Tuger, Hande Tuger and Eray Yücel, forthcoming in Contemporary Economic Policy, 25:2, pages 206-225, 2007.
“Estimating Output Gap In A Changing Economy”, with Hakan Kara, Fethi Öğünç and Çağrı Sarıkaya, forthcoming in Southern Economic Journal, 74:1, pages 269-289, 2007.
• “The Effectiveness of Foreign Exchange Interventions Under Floating Exchange Rate Regime for the Turkish Economy: A Post-Crisis Period Analysis”, with Ö. Akıncı, O. Y. Emir and G. Şahinbeyoğlu, Applied Economics, 38:12, pages 1371-1388, 2006.
• “Employing Extended Kalman Filter In Measuring Output Gap and Potential Output for the Turkish Economy”, with Levent Özbek, Journal of Economic Dynamics and Control ,29, pages 1611-1622, 2005.
• “The Missing Link Between Inflation Uncertainty and Interest Rates”, with Hakan Berument and Zübeyir Kılınç, Scottish Journal of Political Economy, 52:2, pages 222-241, 2005.
• “Is There A Flight To Quality Due To Inflation Uncertainty?”, with Bülent Güler, Physica A: Statistical Mechanics and Its Applications, 345, pages 603-607, 2005.
• “Measuring Exchange Rate Misalignment in Turkey”, with Erinç Yeldan , Applied Economics, 36:16, pages 1839-1849, 2004.
“The Effects of Different Inflation Risk Premiums on Interest Rate Spreads”, with Hakan Berument and Zubeyir Kilinc, Physica A: Statistical Mechanics and Its Applications, 333, pages 317-324, 2003.
• “Price Stability vs. Output Stability: Tales of Federal Reserve Administrations”, Journal of Economic Dynamics and Control, 27:9, pages 1595-1610, 20



PROFESSIONAL EXPERIENCE:

Assistant Professor: Bilkent University, Department of Economics, September 2007-present.
Associate Professor and Chair: TOBB University of Economics and Technology, Department of Economics, June 2006- August 2007.
Assistant Professor, Department of Economics, Bilkent University, September 2001 - present.
Teaching Fellow, Department of Economics, Boston College, 1998-2000.