Oya Celasun

Last Updated: January 19, 2016

Email: OCELASUN@imf.org

Fluent In: Danish, Spanish, Turkish.

Education:

Ph.D. Economics, University of Maryland at College Park, May 2001. Dissertation: “Price Setting Behavior and Inflation Dynamics in Small Open Economies” Advisors: Guillermo A. Calvo, Harry H. Kelejian, Carmen M. Reinhart. Fields of Specialization: Open Economy Macroeconomics, Econometrics.

M.A. Economics, Bilkent University, Ankara, Turkey, 1995.

B.S. Industrial Engineering, Middle East Technical University, Ankara, Turkey, 1992.


Referee Activities:

Journal of Political Economy, Journal of International Economics, Journal of Applied Econometrics, Economies of Transition, Journal of International Money and Finance, Journal of Macroeconomics, Journal of Development Economics.


Awards and Honors:

Central Bank of Turkey, Young Economist Award, 2001.

Graduate Assistantship, University of Maryland, 1996-2001.

Fulbright Fellowship, 1995.


Current Position:

Division Chief, Research Department, World Economic Studies Division, IMF, 2015/12-present.


Other Professional Positions:

Visiting Researcher, Research Department, Central Bank of Turkey, 2006/03.

Summer Intern, IMF, Washington, D.C., 1999.

Summer Intern, World Bank, Washington D.C., 1997, 1998.

Auditor, Falkens Revision, Copenhagen, 1992/10-1993/05.


Country work or Mission Assignment:

Uruguay, United States, Canada, Chile, Islamic Republic of Iran, Qatar.


Teaching:

Teaching Assistant: Econometrics (graduate level), University of Maryland, Fall 1997-Spring 2000.

Instructor: Probability and Statistics (undergraduate level), University of Maryland, Fall 1996-Spring 1997.


IMF Career:

Deputy Division Chief, Research Department, World Economic Studies Division, IMF, 2015/03-2015/12.

Mission Chief for Uruguay and Assistant to the Director, Western Hemisphere Department, Southern II Division, IMF, 2012/10-2014/02.

Deputy Division Chief, Western Hemisphere Department, North America Division, IMF, 2011/04-2012/10.

Senior Economist, Western Hemisphere Department, North America Division, IMF, 2008/12-2011/03.

Economist, Research Department, Macroeconomic Studies Division, IMF, 2008/05-2008/11.

Economist (Temporary Assignment Program), Finance Department, IMF, 2007/06-2008/04.

Economist, Research Department, Macroeconomic Studies Division, IMF, 2002/10-2007/06.

Economist, Middle Eastern Department, IMF, 2001/10-2002/09.

IMF Books and Working Papers:

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom , Working Paper No. 16/27 , February 15, 2016

Fiscal Policy in Latin America : Lessons and Legacies of the Global Financial Crisis , Staff Discussion Notes No. 15/6 , April 30, 2015

The U.S. Manufacturing Recovery: Uptick or Renaissance? , Working Paper No. 14/28 , February 12, 2014

Commodity Prices and Inflation Expectations in the United States , Working Paper No. 12/89 , March 01, 2012

The U.S. Federal Debt Outlook: Reading the Tea Leaves , Working Paper No. 10/62 , March 01, 2010

How Does Public External Debt Affect Corporate Borrowing Costs In Emerging Markets? , Working Paper No. 09/266 , December 01, 2009

On the Properties of Various Estimators for Fiscal Reaction Functions , Working Paper No. 06/182 , July 01, 2006

Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries: A "Fan-Chart" Approach , Working Paper No. 06/67 , March 01, 2006

Turkey at the Crossroads: From Crisis Resolution to EU Accession , Occasional Paper No. 242 , September 19, 2005

Obstacles to Disinflation: What is the Role of Fiscal Expectations? , Working Paper No. 04/111 , June 01, 2004

Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization , Working Paper No. 03/151 , July 01, 2003

Exchange Rate Regime Considerations in an Oil Economy : The Case of the Islamic Republic of Iran , Working Paper No. 03/26 , March 04, 2003

Would "Cold Turkey" Work in Turkey? , Working Paper No. 03/49 , March 01, 2003

An Analysis of Money Demand and Inflation in the Islamic Republic of Iran , Working Paper No. 02/205 , December 01, 2002

Nominal Exchange Rate Anchoring Under Inflation Inertia , Working Paper No. 02/30 , February 01, 2002

Other Published Materials

See the CV (PDF version).

Publications in Journals (Refereed)

See the CV (PDF version).

Email: OCELASUN@imf.org

Fluent In: Danish, Spanish, Turkish.

Education:

Ph.D. Economics, University of Maryland at College Park, May 2001. Dissertation: “Price Setting Behavior and Inflation Dynamics in Small Open Economies” Advisors: Guillermo A. Calvo, Harry H. Kelejian, Carmen M. Reinhart. Fields of Specialization: Open Economy Macroeconomics, Econometrics.

M.A. Economics, Bilkent University, Ankara, Turkey, 1995.

B.S. Industrial Engineering, Middle East Technical University, Ankara, Turkey, 1992.


Referee Activities:

Journal of Political Economy, Journal of International Economics, Journal of Applied Econometrics, Economies of Transition, Journal of International Money and Finance, Journal of Macroeconomics, Journal of Development Economics.


Awards and Honors:

Central Bank of Turkey, Young Economist Award, 2001.

Graduate Assistantship, University of Maryland, 1996-2001.

Fulbright Fellowship, 1995.


Current Position:

Division Chief, Research Department, World Economic Studies Division, IMF, 2015/12-present.


Other Professional Positions:

Visiting Researcher, Research Department, Central Bank of Turkey, 2006/03.

Summer Intern, IMF, Washington, D.C., 1999.

Summer Intern, World Bank, Washington D.C., 1997, 1998.

Auditor, Falkens Revision, Copenhagen, 1992/10-1993/05.


Country work or Mission Assignment:

Uruguay, United States, Canada, Chile, Islamic Republic of Iran, Qatar.


Teaching:

Teaching Assistant: Econometrics (graduate level), University of Maryland, Fall 1997-Spring 2000.

Instructor: Probability and Statistics (undergraduate level), University of Maryland, Fall 1996-Spring 1997.


IMF Career:

Deputy Division Chief, Research Department, World Economic Studies Division, IMF, 2015/03-2015/12.

Mission Chief for Uruguay and Assistant to the Director, Western Hemisphere Department, Southern II Division, IMF, 2012/10-2014/02.

Deputy Division Chief, Western Hemisphere Department, North America Division, IMF, 2011/04-2012/10.

Senior Economist, Western Hemisphere Department, North America Division, IMF, 2008/12-2011/03.

Economist, Research Department, Macroeconomic Studies Division, IMF, 2008/05-2008/11.

Economist (Temporary Assignment Program), Finance Department, IMF, 2007/06-2008/04.

Economist, Research Department, Macroeconomic Studies Division, IMF, 2002/10-2007/06.

Economist, Middle Eastern Department, IMF, 2001/10-2002/09.

IMF Books and Working Papers:

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom , Working Paper No. 16/27 , February 15, 2016

Fiscal Policy in Latin America : Lessons and Legacies of the Global Financial Crisis , Staff Discussion Notes No. 15/6 , April 30, 2015

The U.S. Manufacturing Recovery: Uptick or Renaissance? , Working Paper No. 14/28 , February 12, 2014

Commodity Prices and Inflation Expectations in the United States , Working Paper No. 12/89 , March 01, 2012

The U.S. Federal Debt Outlook: Reading the Tea Leaves , Working Paper No. 10/62 , March 01, 2010

How Does Public External Debt Affect Corporate Borrowing Costs In Emerging Markets? , Working Paper No. 09/266 , December 01, 2009

On the Properties of Various Estimators for Fiscal Reaction Functions , Working Paper No. 06/182 , July 01, 2006

Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries: A "Fan-Chart" Approach , Working Paper No. 06/67 , March 01, 2006

Turkey at the Crossroads: From Crisis Resolution to EU Accession , Occasional Paper No. 242 , September 19, 2005

Obstacles to Disinflation: What is the Role of Fiscal Expectations? , Working Paper No. 04/111 , June 01, 2004

Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization , Working Paper No. 03/151 , July 01, 2003

Exchange Rate Regime Considerations in an Oil Economy : The Case of the Islamic Republic of Iran , Working Paper No. 03/26 , March 04, 2003

Would "Cold Turkey" Work in Turkey? , Working Paper No. 03/49 , March 01, 2003

An Analysis of Money Demand and Inflation in the Islamic Republic of Iran , Working Paper No. 02/205 , December 01, 2002

Nominal Exchange Rate Anchoring Under Inflation Inertia , Working Paper No. 02/30 , February 01, 2002

Other Published Materials

See the CV (PDF version).

Publications in Journals (Refereed)

See the CV (PDF version).