PROF. DR. M. ERDİNÇ TELATAR

DEPARTMENT OF ECONOMICS

Economic Theory

CONTACT : 

EDUCATIONAL BACKGROUND : 

Undergraduate :                     Mathematics, Ankara University, Faculty of Science, 1983

Graduate/Master’s Degree :    Mathematics, Ankara University, Faculty of Science, 1986

Graduate/Master’s Degree :    Economics, University of Missouri-Columbia, Dept. of Econ., U.S.A., 1992

Graduate/PH.D. :                     Economics, University of Missouri-Columbia, Dept. of Econ., U.S.A., 1994

Doctoral Thesis:            International Monetary Coordination: Costs and Benefits of a European Central Bank

Supervisor:                   Ronald A. Ratti

Foreign Language :    İngilizce

ACADEMIC AREAS OF INTEREST : 

• Monetary Theory / Monetary Policy

• Applied Econometrics

CURRENT TEACHING ASSIGNMENT / COURSES TAUGHT :

• Undergraduate : Microeconomic Theory
• Graduate-Master: Econometrics

• Graduate-Ph.D.: Mathematical Economics, Econometrics

PROFESSIONAL WORK EXPERIENCE : 

ACADEMIC RESEARCH/ PUBLICATIONS :

Articles : 

Articles in SSCI Refereed Journals:

 1) “Reexamine the Long-run Purchasing Power Parity Hypothesis for a High Inflation Country:The Case of Turkey 1980-1993” (with H. Kazdagli), 1998, Applied Economic Letters, 5:51-53.

2) “The Relationship Between Inflation and Different Sources of Inflation Uncertainty in Turkey” (with F. Telatar), 2003, Applied Economics Letters, 10(7): 431-435.

3) "On The Predictive Power of the Term Structure of Interest Rates for Future Inflation Changes in the Presence of Political Instability: The Turkish Economy”,(with F. Telatar and R. Ratti) 2003, Journal of Policy Modeling, 25 (9): 931-946, 2003.

4) “A New Approach on Testing the Behavior of the Governments Towards Sustainability of Fiscal Policy in a Small-Open and Politically Instable Economy” (with F. Telatar and N. Bolatoglu), Applied Economics Letters, 11: 333-336, 2004.

5) "Long-Run Monetary Neutrality: Evidence from High Inflation Countries", (with T. Çavuşoğlu), Ekonomický časopis, 9: 895-910, 2005.

6) "The Asymmetric Effects of Monetary Shocks: the Case of Turkey", (with M. Hasanov), Applied Economics, 38 (18): 2199-2208, 2006.

7) "A regime switching Approach to the Feldstein-Horioka Puzzle", (with F. Telatar and N. Bolatoglu), Journal of Policy Modeling, 29: 523-533, 2007.

8) "Stochastic Behavior of the Real Exchange Rate for Jordan: A Re-Examination", (with F. Telatar and N. Bolatoglu), forthcoming.

Articles in Non-SSCI Refereed Journals:

1) "A Note on Rules versus Discretion Debate of Monetary Policy", 1996, Hacettepe University Facultyof Business Administration Journal, 14(1): 63-70.

2) "Credibility and Monetary Policy: A case of EMU", 1995, Hacettepe University Facultyof Business Administration Journal, 13:29-41.

3) "The EMU and the European Central Bank: A Formal Model of Targeting Exchange Rate Policy", (with Birol Yeţilada) Working Paper, University of Missouri, 94-7.

4) "Creation of European Monetary Union: A Formal Model of European Central", (in Turkish) 1996, Çukurova University Facultyof Business Administration Journal Journal, 6(1):31-40.

5) "Analysis of Joining Monetary Union with respect to Monetary Policy", (with Hasan Kazdağlı and Funda Erdogan) (in Turkish) 1996, METU Studies in Development, 23(2):293-311.

6) "An Empirical Study on Determination of Targeted Exchange Rate in Turkey", (in Turkish) 1996, Treasury Journal, 1:69-84.

7) "The measurement of Uncertainty in the Short-run Exchange Rate: GARCH Model", (in Turkish) 1996, Treasury Journal, 2:103-105.

8) “The Effect of the Inflation Uncertainty on the Industrial Production: The Turkish Case”, (in Turkish)1996, İktisat İşletme ve Finans, August 125: 52-63.

9) “Developments in the Energy Sector”, (in Turkish) 1998, in Türkiye Ekonomisinin Sektörel Analizi, Ţahinöz (Ed.), Ankara: Turhan Kitabevi.

10) “Developments in the Mining and the Energy Sectors”, (in Turkish), 2001, in Türkiye Ekonomisinin Sektörel Analizi, Ţahinöz (Ed.), Ankara: Turhan Kitabevi.

11) The Problem of Price Indeterminacy Under the Monetary and Fiscal Regimes and Central Bank Independence”, (in Turkish) 1999, Ekonomik Yaklaşım, 35(10): 5-20.

12) “The Necessary Conditions for the Determination of the Exchange Rates ın the Context of the New Price Determination Theory”, 2000, Hacettepe University Facultyof Business Administration Journal, 18 (1): 321-337.

13) “On the Selection of the Nominal Anchor in Stabilization Programs and Conclusions Derived From the Related Applications”, 2000, Hacettepe University Facultyof Business Administration Journal, 18 (2), 459-487.

14) “Frisch Demand Functions and Intertemporal Behaviour in Consumption: The Turkish Case”, 2000, (with F. Telatar and Ş. Türkmen), The Pakistan Development Review, 39(3):235-246. Econlit.

15) “Estimation of the Money Supply Reaction Function By Using Time Varying Parameter Model with Heteroscedastic Disturbances”, 2001, Hacettepe University Facultyof Business Administration Journal, 19 (2): 1-17.

16) “The Efficiency of Prices Formed in Cotton Markets”, 2002, Dokuz Eylül University Journal of Economics and Administrative Sciences, (with O. Teoman and S. Türkmen), 17 (2).

17) “Core Inflation: Definition and Measurement Methods”, 2002, Ekonomik Yaklaşım, 13 (42-43): 105-124.

18) “A Parch Modelling of the IMKB Index”, 2002 (with S. Binay), Akdeniz University Journal of Business Administration, 2 (3): 114-121.

19) “The Effects of Government Spending and Government Investment on the Private Consumption: The Case of Turkey”, 2001 (with Ş. Türkmen), İktisat, İşletme ve Finans, 186: 18-33.

20) “Inflation-Forecast Targeting in Turkey: Comparison Between The Performance of Constant Coefficient and Time-Varying Markov Switching Variance Models”, 2001, (with F. Telatar), (in Turkish), İktisat, İşletme ve Finans, 16(189): 76-91.

21) “Empirical Determination of the Economic Policy Regime in Turkey”, 2002, İktisat, İşletme ve Finans, 198: 61-70.

22) “Standard IMF Stabilization Policies: As a Mediating Channel for Political Instability”, 2004, (with F. Telatar), (in Turkish), İktisat, İşletme ve Finans, 19(215): 53-65.

Conference Papers:

1) "A Formal Analysis of the European Central Bank", March 1995, Southern Society of Economists, Houston, USA.

2) "Bounded Rationality and the Properties of Demand Curves", February 1994, Missouri Valley Economic Association, St.Louis, USA.

3) "Choosing Among Alternative Inflation Targeting Models for Turkey" (with F. Telatar), September 2001, Turkish Economic Association.

4) "Current Account and Monetary Policy" (with F. Telatar), December 2007, Pamukkale University.

Books :

AFFILIATIONS/ MEMBERSHIPS :

• Missouri Academy of Science

• Missouri Valley Economic Association

• Turkish Economic Association

HONORS AND AWARDS                                                                                                                           

Scholarship from Turkish Government for advanced education in the USA