CEE 2011 Annual Conference

CEE 2011 Annual Conference: Macroeconomic and Financial Imbalances in National Economies and the World

19 December 2011, Monday

Rectorate Conference Hall

Boğaziçi University, Istanbul

09:00 - 09:20 - Registration

09:20 -09:30 - Welcome Note

Kadri Özçaldıran, Rector (Boğaziçi University)

Refik Erzan, Director (CEE, Boğaziçi University)  

09:30 - 11:30 - Session 1: Open Economy Macroeconomics

11:30-11:45 - Coffee Break

11:45- 13:00 - Session 2: Financial Markets

Chair: Lokman Gündüz (Central Bank of the Republic of Turkey)

13:00-14:30 - Lunch, Kennedy Lodge

14:30- 16:15 - Session 3: Macroeconomic Risk

Chair: Micheal Binder (Goethe University Frankfurt)

16:15-16:45 - Coffee Break

16:45- 18:00 - Session 4: Bussiness Cycles

Chair: Giancarlo Corsetti (University of Cambridge)

  • Yavuz ArslanCentral Bank of the Republic of Turkey (with Mustafa KılınçCentral Bank of the Republic of Turkey)

    “Trend Shocks, Non-tradable Goods and Exchange Rate”

  • Kamil YılmazKoç University

    “International Business Cycle Connectedness”

18:00-18:30 - Coffee Break

18:30- 19:45 - Key Note Speech

20:00-22:00 - Cocktail Prolongé, Natuk Birkan Building, 2nd Floor

20 December 2011, Tuesday

Rectorate Conference Hall (A) & Washburn Hall, Heritage Room (B)

Boğaziçi University, Istanbul

08:30 - 10:30 - Session A1: Banking and Competition

Chair: Levent Yıldıran (Boğaziçi University)

Session B1: Financial Markets

Chair: Güzin Gülsün Akın (Boğaziçi University)

10:30-10:45 - Coffee Break

10:45- 12:45 - Session A2: Growth, Productivity and Employment

Chair: Ceyhun Elgin (Boğaziçi University)

10:45- 12:45 - Session B2: Macroeconomic Balances

Chair: Gökhan Özertan (Boğaziçi University)

12:45-13:45 - Lunch, Kennedy Lodge

13:45- 15:45 - Session A3: Financial Risk and Housing

Chair: Ahmet Faruk Aysan (CBRT & Boğaziçi University)

Session B3: Banking and Regulation

Chair: Tolga Umut Kuzubaş (Boğaziçi University)


15:45-16:00 - Coffee Break

16:00- 18:00 - Session A4: Turkish Economy

Chair: Burak Saltoğlu (Boğaziçi University)

  • Ege YazganIstanbul Bilgi University (with Hüseyin KayaBahçeşehir University)

    “Forecasting of Macro Aggregates in Turkish Economy”

  • Orhan ErdemIstanbul Bilgi University (with Yusuf Varlı, Istanbul Bilgi University)

    “Understanding the Sovereign credit Ratings of Turkey”

  • Öner GünçavdıIstanbul Technical University (with Fuat ErdalIstanbul Technical University)

    “Financial and Real Source of Misalignments in Turkish Lira: Does Good Macroeconomic Governance Matter?”

  • Hüseyin ÖztürkHacettepe University (with Murat ErtuğrulHacettepe University)

    “The Determinants of Turkish CDS Price Volatility: Local or International Oriented?”


  • Ümit Özlale, TOBB ETU

    “Structural Budget Balance Estimation for Turkish Economy”

Session B4: Growth, Development and Business Cycles

Chair: Murat Koyuncu (Boğaziçi University)

18:00-18:30 - Coffee Break

18:30- 19:45 - Panel: Global Imbalances and Prospects for Turkish Banking

Chair: Refik Erzan (Boğaziçi University)


Cevdey Akçay, Chief Economist (Yapı Kredi Bank)

Kenan Alpdündar, Department of Banking and Financial Institutions (CBRT)  

Serkan Özcan, Chief Economist (Vakıfbank)

Murat Ülgen, Chief Economist (HSBC Turkey)  

19:45-21:00 - Farewell Cocktail, Rectorate Conference Hall