Galip Kemal Ozhan
Last Updated: January 16, 2024
Galip Kemal Ozhan is an Economist in the Research Department. His main research interests are in international finance, macroeconomics, and monetary economics. His research has been recognized with a National Science Foundation Award, the Young Economist Award by the European Economics Association, and the Best Paper Award by the Money, Macro and Finance Research Group in the United Kingdom. He holds a Ph.D. in Economics from the University of Washington, an M.Sc. in Finance from Imperial College London, and an M.A. in Economics and a B.Sc. in Industrial Engineering from Bilkent University, Turkey. He worked as a research associate at the Brookings Institution from 2012 to 2013, as an Assistant Professor of Economics at the University of St Andrews from 2016 to 2019, and as a Senior Economist at the Bank of Canada from 2019 to 2023.
Personal WebPage: galipkemalozhan.com
Fluent In: Turkish.
Education:
Ph.D. in Economics, University of Washington, Seattle, WA, 2016
M.Sc. in Finance, Imperial College London, U.K., 2010
M.A. in Economics, Bilkent University, Turkey, 2009
B.Sc. in Industrial Engineering, Bilkent University, Turkey, 2007
Previous Experience:
Senior Economist, Bank of Canada, ON, Canada, 2019 - 2023
Assistant Professor of Economics, University of St. Andrews, U.K., 2016 - 2019
Research Associate, Brookings Institution, Washington, D.C., 2012 - 2013
Referee Activities:
American Economic Journal: Macroeconomics, Canadian Journal of Economics, Economic Journal, Economic Modelling, Economica, IMF Economic Review, International Journal of Central Banking, Journal of Banking & Finance, Journal of International Economics, Journal of International Money and Finance, Macroeconomic Dynamics, Review of Economic Dynamics, Review of International Economics
Editorial Activities:
Associate Editor, International Journal of Central Banking
Professional Activities:
Ph.D. Dissertation Committee Member (External), University of Washington
Awards and Honors:
National Science Foundation Award No. 2317089, 2023 - 2026
Young Economist Award, European Economic Association, 2016
Best Paper Award, 48th Money, Macro and Finance Research Group, 2016
Ieke van den Burg Prize, European Systemic Risk Board (shortlist), 2016
Current Position:
Economist, International Monetary Fund, 2023 -
Other Professional Positions:
Research Economist, NBER, 2023 -
Teaching:
Monetary Policy (University of St. Andrews, EC5605, Postgraduate), 2017, 2018, 2019
Financial Intermediation (University of St. Andrews, EC5608, Postgraduate), 2017, 2018, 2019
Field of Expertise:
International Macroeconomics
International Finance
Monetary Policy
Publications in Journals (Refereed)
"Financial Intermediation, Resource Allocation, and Macroeconomic Interdependence," Journal of Monetary Economics 115 (November 2020): 265-278.
"News-Driven International Credit Cycles," Journal of Macroeconomics 70 (December 2021): 103372
"International Economic Sanctions and Third-Country Effects" (with Fabio Ghironi and Daisoon Kim), IMF Economic Review, accepted.
Other Published Materials
"Unconventional Monetary Policy and Its Reflections on the Global Economy" (with Izak Atiyas and Fuat Keyman), in K. Dervis and H. Kharas (eds), Think Tank 20: The G-20 and Central Banks in the New World of Unconventional Monetary Policy, Brookings Institution Press, Washington, D.C., August 2013
"The Growth Debate Redux," in K. Dervis and H. Kharas (eds), Growth, Comvergence and Income Distribution: The Road from the Brisbane G-20 Summit, Brookings Institution Press, Washington, D.C., November 2014
"Yield Curve Control" (with Matteo Cacciatore), CEA Inquiry, Bank of Canada, July 2020.
"Multilateralism During Economic Warfare," in B. Coulibaly and H. Kharas (eds), Climate, Global Governance, and Technology, Special Report, Brookings Institution, October 2023
Galip Kemal Ozhan is an Economist in the Research Department. His main research interests are in international finance, macroeconomics, and monetary economics. His research has been recognized with a National Science Foundation Award, the Young Economist Award by the European Economics Association, and the Best Paper Award by the Money, Macro and Finance Research Group in the United Kingdom. He holds a Ph.D. in Economics from the University of Washington, an M.Sc. in Finance from Imperial College London, and an M.A. in Economics and a B.Sc. in Industrial Engineering from Bilkent University, Turkey. He worked as a research associate at the Brookings Institution from 2012 to 2013, as an Assistant Professor of Economics at the University of St Andrews from 2016 to 2019, and as a Senior Economist at the Bank of Canada from 2019 to 2023.
Personal WebPage: galipkemalozhan.com
Fluent In: Turkish.
Education:
Ph.D. in Economics, University of Washington, Seattle, WA, 2016
M.Sc. in Finance, Imperial College London, U.K., 2010
M.A. in Economics, Bilkent University, Turkey, 2009
B.Sc. in Industrial Engineering, Bilkent University, Turkey, 2007
Previous Experience:
Senior Economist, Bank of Canada, ON, Canada, 2019 - 2023
Assistant Professor of Economics, University of St. Andrews, U.K., 2016 - 2019
Research Associate, Brookings Institution, Washington, D.C., 2012 - 2013
Referee Activities:
American Economic Journal: Macroeconomics, Canadian Journal of Economics, Economic Journal, Economic Modelling, Economica, IMF Economic Review, International Journal of Central Banking, Journal of Banking & Finance, Journal of International Economics, Journal of International Money and Finance, Macroeconomic Dynamics, Review of Economic Dynamics, Review of International Economics
Editorial Activities:
Associate Editor, International Journal of Central Banking
Professional Activities:
Ph.D. Dissertation Committee Member (External), University of Washington
Awards and Honors:
National Science Foundation Award No. 2317089, 2023 - 2026
Young Economist Award, European Economic Association, 2016
Best Paper Award, 48th Money, Macro and Finance Research Group, 2016
Ieke van den Burg Prize, European Systemic Risk Board (shortlist), 2016
Current Position:
Economist, International Monetary Fund, 2023 -
Other Professional Positions:
Research Economist, NBER, 2023 -
Teaching:
Monetary Policy (University of St. Andrews, EC5605, Postgraduate), 2017, 2018, 2019
Financial Intermediation (University of St. Andrews, EC5608, Postgraduate), 2017, 2018, 2019
Field of Expertise:
International Macroeconomics
International Finance
Monetary Policy
Publications in Journals (Refereed)
"Financial Intermediation, Resource Allocation, and Macroeconomic Interdependence," Journal of Monetary Economics 115 (November 2020): 265-278.
"News-Driven International Credit Cycles," Journal of Macroeconomics 70 (December 2021): 103372
"International Economic Sanctions and Third-Country Effects" (with Fabio Ghironi and Daisoon Kim), IMF Economic Review, accepted.
Other Published Materials
"Unconventional Monetary Policy and Its Reflections on the Global Economy" (with Izak Atiyas and Fuat Keyman), in K. Dervis and H. Kharas (eds), Think Tank 20: The G-20 and Central Banks in the New World of Unconventional Monetary Policy, Brookings Institution Press, Washington, D.C., August 2013
"The Growth Debate Redux," in K. Dervis and H. Kharas (eds), Growth, Comvergence and Income Distribution: The Road from the Brisbane G-20 Summit, Brookings Institution Press, Washington, D.C., November 2014
"Yield Curve Control" (with Matteo Cacciatore), CEA Inquiry, Bank of Canada, July 2020.
"Multilateralism During Economic Warfare," in B. Coulibaly and H. Kharas (eds), Climate, Global Governance, and Technology, Special Report, Brookings Institution, October 2023