Refet S. Gürkaynak

Refet S. Gürkaynak is a Professor in the Department of Economics at Bilkent University in Ankara, Turkey. He received his PhD in Economics from Princeton University in 2004. His research focuses on monetary economics, financial economics, and international finance, with particular expertise in monetary policy, yield curves, and event studies.

His primary research interests include:

• Monetary policy transmission mechanisms
• Term structure of interest rates
• Monetary policy surprises and market reactions
• Inflation dynamics and expectations
• International finance and exchange rates
• Event study methodology in economics

Gürkaynak has published extensively in top economics journals including the American Economic Review, Journal of Finance, Journal of International Economics, and Journal of Monetary Economics. His research often combines theoretical insights with empirical analysis of financial markets and monetary policy. He has made significant contributions to understanding how monetary policy affects financial markets, particularly through event study methodologies that identify the impact of policy announcements. His work spans both advanced economies and emerging markets, with a special focus on Turkey's monetary policy challenges.

Gürkaynak has served as co-editor for important publications including "DSGE Models in the Conduct of Policy" (with Cedric Tille) and "Taming Capital Flows: Capital Account Management in an Era of Globalization" (with Joe Stiglitz).