Serkan Çiçek

Research Associate

telephone: (+43-1) 533 66 10

Serkan Çiçek is Research Associate at the wiiw and country expert for Turkey. In his research, he focuses on applied macroeconomics, monetary policy and central banking issues. In his recent research, he has analyzed the asymmetric anchoring of inflation expectations to inflation targets and/or actual inflation during the inflation targeting period. Before joining the wiiw, Serkan Çiçek was Associated Professor at the Mugla University and Assistant Professor at Maltepe University in Turkey. He was distinguished by numerous academic awards, such as the 2014 and 2010 Academic Encouragement Award of the Central Bank of Turkey (CBRT), the 2012 Translation Award by the Turkish Academy of Sciences (TUBA) and the 2009 PhD. Encouragement Award by the Turkish Economic Association (TEK). Mr. Çiçek obtained his PhD in Economics at the Yildiz Technical University (TR, 2009) and was a postdoctoral fellow in Economics at the University of York (UK, 2012).

Austria, Vienna

List of Publications

External Publications wiiw Publications

External Publications

Articles in refereed journals
  • '“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?, 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, 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, No. Autumn 2015, Vienna, November 2015, pp. 129-133
  • 'TURKEY: On a government-supported steady-state growth path', A Time of Moderate Expectations, 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, 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, No. Autumn 2014, Vienna, November 2014, pp. 97-100
wiiw Monthly Reports
  • 'Turkey: Consumption-based growth', Monthly Report No. 7-8/2016, No. 7-8, Vienna, August 2016, p. 23
  • 'Turkey: Balance-of-payments constrained growth', Monthly Report No. 7-8/2015, 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, No. 9, Vienna, September 2014, p. 2-4
  • 'The Turkish economic conundrum', Monthly Report No. 9/2014, No. 9, Vienna, September 2014, p. 5-8