Serkan Çiçek

Serkan Çiçek
Research Associate

email: serkan.cicek@mu.edu.tr
telephone: (+43-1) 533 66 10

Serkan Çiçek is a Research Associate at wiiw, focusing on applied macroeconomics, monetary policy, central banking and international finance issues. Çiçek, who is currently a Professor of Economics and Finance at Muğla University, received his doctorate from Yıldız Technical University (Istanbul) and then carried out academic studies at University of York (York). He received various academic awards from the Central Bank of the Republic of Turkey (CBRT) in 2010 and 2014, from the Turkish Academy of Sciences (TÜBA) in 2012 and from the Turkish Economics Institution (TEK) in 2009. Çiçek, who has several papers in distinguished journals such as Economic Modeling, Empirica, International Review of Economics & Finance and Central Bank Review, provides consultancy services to wiiw on the Turkish economy.

Austria, Vienna

List of Publications

External Publications wiiw Publications

External Publications

Articles in refereed journals
  • 'The deterioration in credibility, destabilization of exchange rate and the rise in exchange rate pass-through in Turkey' (with Erkan Ağaslan, Buket Alkan and Savaş Gayaker), Elsevier, International Review of Economics & Finance, Volume 76, November 2021, pp. 571-587
  • 'Spillover effect in financial markets in Turkey' (with Buket Alkan), Central Bank Review, Volume 20, Issue 2, June 2020, pp. 53-64
  • '“New” monetary policy instruments and exchange rate volatility' (with Cüneyt Akar), Empirica, Vol. 43, No. 1, 2016, pp. 141-165
  • 'Do Inflation Expectations Converge Toward Inflation Target or Actual Inflation? Evidence from Expectation Gap Persistence' (with Cüneyt Akar), Central Bank Review, Vol. 14, No. 1, 2014, pp. 15-21
  • 'Enflasyon Hedeflemesi Döneminde Küresel Talep ve Yurtiçi Enflasyon', ODTÜ Gelişme Dergisi, Vol. 40, No. 1, 2013, pp. 29-47
  • 'A New Test of Exchange Rate Pass through in a Small-Open Economy: Evidence from Asymmetric ARDL Bounds Approach' (with Cigdem Boz), İktisat İşletme ve Finans, Vol. 28, No. 333, 2013, pp. 43-64
  • 'The Asymmetry of Inflation Adjustment in Turkey' (with Cüneyt Akar), Economic Modelling, Vol. 31, 2013, pp. 104-118
  • 'Asymmetry and Non-linearity in Monetary Policy of a Small-Open Economy: Evidence from Taylor Rule', International Research Journal of Finance and Economics, Vol. 107, No. March, 2013, pp. 140-153
  • 'Globalization and flattening of Phillips Curve in Turkey between 1987 and 2007', Economic Modelling, Vol. 29, No. 5, 2012, pp. 1655-1661
  • 'Türkiye’de Enflasyon Beklentilerinin Çapalanması ve Güvenilirlik' (with Cüneyt Akar and Eray Yükel), İktisat İşletme ve Finans, Vol. 26, No. 304, 2011, pp. 37-55
  • 'Estimating the Volatility of Deposit Banks’ Credit Stock with a SWARCH Model' (with Cüneyt Akar), Marmara Üniversitesi İİBF Dergisi, Vol. 27, No. 2, 2009, pp. 385-395
  • 'Türkiye’de Bankacılık Sektörünün Merkezileşmesi' (with Cüneyt Akar), Marmara Üniversitesi İİBF Dergisi, Vol. 23, No. 2, 2007, pp. 167-184

wiiw Publications

wiiw Forecast Reports
  • 'TURKEY: Inevitable economic slowdown in sight', Labour Shortages Driving Economic Growth?, wiiw Forecast Report, No. Autumn 2016, Vienna, November 2016, pp. 116-120
  • 'TURKEY: Strong domestic demand offsets external sector weakness', Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession, wiiw Forecast Report, No. Spring 2016, Vienna, March 2016, pp. 129-133
  • 'TURKEY: Shifting from external to internal demand', Mixed Prospects: Consumption Leads Fragile Recovery in the CESEE Core – CIS Stumbles, wiiw Forecast Report, No. Autumn 2015, Vienna, November 2015, pp. 129-133
  • 'TURKEY: On a government-supported steady-state growth path', A Time of Moderate Expectations, wiiw Forecast Report, No. Spring 2015, Vienna, March 2015, pp. 99-101
  • 'Special Section II: Energy prices, inflation and growth in the CESEE countries' (with Amat Adarov and Vasily Astrov), A Time of Moderate Expectations, wiiw Forecast Report, No. Spring 2015, Vienna, March 2015, pp. 31-40
  • 'TURKEY: In the shade of the government’s growth targets', On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis, wiiw Forecast Report, No. Autumn 2014, Vienna, November 2014, pp. 97-100
wiiw Monthly Reports
  • 'Opinion corner: How to explain the deteriorating trend in Turkey’s economic performance?', in: Vasily Astrov (eds), Monthly Report No. 3/2021, wiiw Monthly Report, No. 3, Vienna, March 2021, pp. 9-12
  • 'Turkey: Consumption-based growth', Monthly Report No. 7-8/2016, wiiw Monthly Report, No. 7-8, Vienna, August 2016, p. 23
  • 'Turkey: Balance-of-payments constrained growth', Monthly Report No. 7-8/2015, wiiw Monthly Report, No. 7-8, Vienna, August 2015, p. 18
  • 'Opinion corner: Turkey and the EU' (with Vladimir Gligorov and Michael Landesmann), Monthly Report No. 9/2014, wiiw Monthly Report, No. 9, Vienna, September 2014, p. 2-4
  • 'The Turkish economic conundrum', Monthly Report No. 9/2014, wiiw Monthly Report, No. 9, Vienna, September 2014, p. 5-8
wiiw Opinion Pieces
  • 'Turkey: Is the worst yet to come?', wiiw Opinion Piece, Vienna, December 2021
  • 'Potential Economic Consequences of the Coup Attempt in Turkey', wiiw Opinion Piece, Vienna, July 2016
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