Mehmet Balcilar, Ph.D.
Economics & Business Analytics Department
Pompea College of Business
Education
Ph.D., Economics, Wayne State University, Detroit, Michigan, US
MA, Economics, Cleveland State University, Cleveland, Ohio, US
MA, Economics, Cukurova University, Adana, Turkey
BA, Tourism Management, Dokuz Eylul University, Izmir, Turkey
About Mehmet
Mehmet Balcilar is an applied macroeconomist. Dr. BalcilarÐÓ°ÉÔ°æ™s primary research interests lie at the intersection of applied macroeconomics, financial economics, and applied econometrics. Specifically, most of Dr. BalcilarÐÓ°ÉÔ°æ™s published work is in the areas of forecasting, urban and real estate economics, energy economics, risk management, central banking, and monetary economics.
Before joining the University of New Haven, Dr. Balcilar was a professor of econometrics at Eastern Mediterranean University in Famagusta, Cyprus. Dr. Balcilar also held positions as an extraordinary professor at the University of Pretoria in Pretoria, South Africa, an affiliated professor at IPAG Business School in Paris, France, and an affiliated professor at Montpellier Business School in Montpellier, France. From 2011 to 2023, Dr. Balcilar served as the head of the Department of Economics at the Eastern Mediterranean University. In addition, Dr. Balcilar was an advisor at the Prime Ministry Disaster and Emergency Management Authority (AFAD) in Ankara, Turkey, from 2012 to 2016. During this time, Dr. Balcilar managed projects related to hosting refugees, disaster response, recovery, risk mitigation, and institutional capacity building. Dr. Balcilar was also a thematic team member for the World Humanitarian Summit, where Dr. Balcilar contributed to the synthesis report on Reducing Vulnerability and Managing Risk. Dr. Balcilar conducted field research on Syrian refugees' shelter, health, and war experiences and produced several reports on these topics. Dr. Balcilar also worked as a consultant on disaster risk modeling, disaster data collection, disaster loss estimation, and health economics projects for government and international institutions such as the World Bank, World Health Organization, AFAD, and the Organization of Islamic Countries. Currently, Dr. Balcilar is a research fellow at the Economic Research Forum in Cairo.
See MoreDr. Balcilar has published research papers in major areas such as macroeconomics, forecasting, central banking, monetary economics, risk management, financial markets, urban and real estate economics, and energy economics. Dr. BalcilarÐÓ°ÉÔ°æ™s research work includes more than 200 papers in peer-reviewed journals. Additionally, Dr. Balcilar has authored 32 papers in conference proceedings and 5 book chapters. Dr. Balcilar has also successfully completed 33 projects and grants, most of which involved extensive real-world economic analysis.
Selected Recent Journal Articles
Balcilar, M., Uzuner, G., Bekun, F. V., Wohar, M. E. (2023). Housing price un- certainty and housing prices in the UK in a time-varying environment. Empirica In press. doi: 10.1007/s10663-023-09567-y.
Balcilar M, Ozdemir H. (2023). On the risk spillover from Bitcoin to altcoins: The fear of missing out and pump-and-dump scheme effects. Journal of Risk and Financial Management, 16(1), 41. doi: 10.3390/jrfm16010041.
Balcilar, M., Uzuner, G., Nwani, C., Bekun, F. V. (2023). Boosting energy efficiency in Turkey: The role of publicÐÓ°ÉÔ°æ“private partnership investment. Sustainability, 15, 2273. doi: 10.3390/su15032273.
Balcilar, M., Usman, O., Ike, G. N. (2023). Operational behaviours of multinational corporations, renewable energy transition, and environmental sustainability in Africa. Resources Policy, 82, 103344. doi: 10.1016/j.resourpol.2023.103344.
Balcilar, M., Gupta, R., and Nel, J. (2022). Rare disaster risks and gold over 700 years: Evidence from nonparametric quantile regressions. Resources Policy, 79, 103053. doi:10.1016/j.resourpol.2022.103053.
Balcilar, M., Ozdemir, Z. A., Ozdemir, H., Aygun, G., and Wohar, M. E. (2022). The macroeconomic impact of economic uncertainty and financial shocks under low and high financial stress. The North American Journal of Economics and Finance, 63, 101801. doi: 10.1016/j.najef.2022.101801.
Balcilar, M., Elsayed, A., and Hammoudeh, S. (2022). Financial connectedness and risk transmission among MENA countries: Evidence from connectedness network and clustering analysis. Journal of International Financial Markets, Institutions and Money, 82, 101656. doi: 10.1016/j.intfin.2022.101656.
Balcilar, M., Gupta, R., and Pierdzioch, C. (2022). Oil-price uncertainty and inter- national stock returns: Dissecting quantile-based predictability and spillover effects using more than a century of data. Energies, 15(22), 8436. doi: 10.3390/en15228436.
Balcilar, M., Usman, O., and Agan, B. (2022). On the connectedness of commodity markets: A critical and selective survey of empirical studies and bibliometric analysis. Journal of Economic Surveys, 1-40. In press. doi: 10.1111/joes.12541.
Balcilar, M., Ozdemir, H., and Agan, B. (2022). Effects of COVID-19 on cryp- tocurrency and emerging market connectedness: Empirical evidence from quantile, frequency, and lasso networks. Physica A: Statistical Mechanics and its Applications, 604, 127885. doi: 10.1016/j.physa.2022.127885.
Balcilar, M. and Demirer, R. (2022). U.S. monetary policy and the predictability of global economic synchronization patterns. Journal of Economics and Finance, 46, 473ÐÓ°ÉÔ°æ“492. doi: 10.1007/s12197-022-09577-9.
Balcilar, M., Gabauer, D., Gupta, R., and Pierdzioch, C. (2022). Uncertainty and forecastability of regional output growth in the UK: Evidence from machine learning. Journal of Forecasting, 41(6), 1049ÐÓ°ÉÔ°æ“1064. doi: 10.1002/for.2851.