Meet the Researchers
Emre Yoldas
Education
- Ph.D., Economics, University of California - Riverside, 2008
- M.A., Economics, Marmara University, 2002
- B.A., Finance and Accounting, Marmara University, 2000
- U.S. monetary policy and EME financial conditions
- Monetary policy and exchange rates
Deputy Associate Director
Board of Governors of the Federal Reserve System
2023 - presentAssistant Director
Board of Governors of the Federal Reserve System
2021 - presentSection Chief
Board of Governors of the Federal Reserve System
2017 - 2021Visiting Scholar
University of California, San Diego
2017Principal Economist
Board of Governors of the Federal Reserve System
2015 - 2017Economist
Board of Governors of the Federal Reserve System
2011 - 2015Assistant Professor
Bentley University
2009 - 2011
- Monetary Policy and Exchange Rates during the Global Tightening
Emre Yoldas
FEDS Notes (2024)
https://doi.org/10.17016/2380-7172.3489 - U.S. Interest Rates and Emerging Market Currencies: Taking Stock 10 Years After the Taper Tantrum
Nira Harikrishnan, Benjamin Silk, and Emre Yoldas
FEDS Notes (2023)
https://doi.org/10.17016/2380-7172.3385 - Are higher U.S. interest rates always bad news for emerging markets?
Jasper Hoek, Steve Kamin, and Emre Yoldas
Journal of International Economics (2022)
https://doi.org/10.1016/j.jinteco.2022.103585 - Are Rising U.S. Interest Rates Destabilizing for Emerging Market Economies?
Jasper Hoek, Steve Kamin, and Emre Yoldas
FEDS Notes (2021)
https://doi.org/10.17016/2380-7172.2930 - The Impact of COVID-19 on Emerging Market Economies' Financial Conditions
Shaghil Ahmed, Jasper Hoek, Steve Kamin, Ben Smith, and Emre Yoldas
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2749 - When is Bad News Good News? U.S. Monetary Policy, Macroeconomic News, and Financial Conditions in Emerging Markets
Jasper Hoek, Steve Kamin, and Emre Yoldas
International Finance Discussion Papers (2020)
https://doi.org/10.17016/IFDP.2020.1269 - Effects of Changing Monetary and Regulatory Policy on Money Markets
Elizabeth Klee, Zeynep Senyuz, and Emre Yoldas
International Journal of Central Banking (2019)
See also » FRB Working Paper (2016) - Financial Stress and Equilibrium Dynamics in Term Interbank Funding Markets
Emre Yoldas and Zeynep Senyuz
Journal of Financial Stability (2018)
https://doi.org/10.1016/j.jfs.2018.01.002
See also » FRB Working Paper (2015) - Book Reviews: Mathematical and Quantitative Methods
Emre Yoldas
Journal of Economic Literature (2017)
https://doi.org/10.1257/jel.55.2.644 - Drivers of Inflation Compensation: Evidence from Inflation Swaps in Advanced Economies
Marius Rodriguez and Emre Yoldas
IFDP Notes (2016)
https://doi.org/10.17016/2573-2129.28 - Public Debt and Macroeconomic Activity: A Predictive Analysis for Advanced Economies
Deniz Baglan and Emre Yoldas
Studies in Nonlinear Dynamics and Econometrics (2016)
https://doi.org/10.1515/snde-2014-0075 - Dynamics of Overnight Money Markets: What Has Changed at the Zero Lower Bound?
Elizabeth Klee, Zeynep Senyuz, and Emre Yoldas
FEDS Notes (2015)
https://doi.org/10.17016/2380-7172.1676 - What Does Financial Volatility Tell Us About Macroeconomic Fluctuations?
Zeynep Senyuz, Emre Yoldas, and Marcelle Chauvet
Journal of Economic Dynamics & Control (2015)
https://doi.org/10.1016/j.jedc.2015.01.002
See also » FRB Working Paper (2012) - Non-Linearity in the Inflation-Growth Relationship in Developing Economies: Evidence from a Semiparametric Panel Model
Deniz Baglan and Emre Yoldas
Economics Letters (2014)
https://doi.org/10.1016/j.econlet.2014.08.015
See also » FRB Working Paper (2014) - Non-Linearity in the Inflation-Growth Relationship in Developing Economies: Evidence from a Semiparametric Panel Model
Deniz Baglan and Emre Yoldas
Finance and Economics Discussion Series (2014)
https://doi.org/10.17016/FEDS.2014.51 - Cyclical Dynamics of the Turkish Economy and the Stock Market
Zeynep Senyuz, Emre Yoldas, and I. Onur Baycan
International Economic Journal (2014)
https://doi.org/10.1080/10168737.2013.825307 - Hedge Fund Contagion and Risk-adjusted Returns: A Markov-switching Dynamic Factor Approach
Ozgur Akay, Zeynep Senyuz, and Emre Yoldas
Journal of Empirical Finance (2013)
https://doi.org/10.1016/j.jempfin.2013.02.005 - Threshold Asymmetries in Equity Return Distributions: Statistical Tests and Investment Implications
Emre Yoldas
Studies in Nonlinear Dynamics and Econometrics (2012)
https://doi.org/10.1515/1558-3708.1799 - Government Debt and Macroeconomic Activity: A Predictive Analysis for Advanced Economies
Deniz Baglan and Emre Yoldas
Finance and Economics Discussion Series (2012)
https://doi.org/10.17016/FEDS.2013.05 - Autocontour-Based Evaluation of Multivariate Predictive Densities
Gloria Gonzalez-Rivera and Emre Yoldas
International Journal of Forecasting (2012)
https://doi.org/10.1016/j.ijforecast.2011.06.001 - Autocontours: Dynamic Specification Testing
Gloria Gonzalez-Rivera, Zeynep Senyuz, and Emre Yoldas
Journal of Business & Economic Statistics (2011)
https://doi.org/10.1198/jbes.2010.08144 - Multivariate Autocontours for Specification Testing in Multivariate GARCH Models
Gloria Gonzalez-Rivera and Emre Yoldas
Volatility and Time Series Econometrics: Essays in Honor of Robert F. Engle (2010)
https://doi.org/10.1093/acprof:oso/9780199549498.003.0011 - Optimality of the Risk Metrics Model
Gloria González-Rivera, Emre Yoldas, and Tae-Hwy Lee
Finance Research Letters (2007)
https://doi.org/10.1016/j.frl.2007.06.001
seminar
August 2019Federal Reserve Board
When is Bad News Good News? U.S. Monetary Policy, Macroeconomic News, and Financial Conditions in Emerging Markets
conference
November 2017Bowles Symposium on Predictive Analytics (Georgia State University)
Financial Stress and Equilibrium Dynamics in Term Interbank Funding Markets
conference
November 2017XXII Annual Meeting of the Central Bank Researchers Network
Limits to Monetary Policy: International Evidence from Inflation Markets
conference
July 2017World Finance Conference
Financial Stress and Equilibrium Dynamics in Term Interbank Funding Markets
conference
June 2017Econometric Society North American Summer Meeting
Financial Stress and Equilibrium Dynamics in Term Interbank Funding Markets
conference
July 2016NBER Summer Institute (Forecasting and Empirical Methods)
Financial Stress and Equilibrium Dynamics in Money Markets
conference
June 2016International Finance and Banking Society
Financial Stress and Equilibrium Dynamics in Money Markets
conference
December 2015XXIV International Rome Conference on Money Banking and Finance
Financial Stress and Equilibrium Dynamics in Money Markets
conference
June 2015International Symposium on Forecasting
Banking Industry Risk and Macroeconomic Implications
seminar
May 2015Federal Reserve Board
Financial Stress and Equilibrium Dynamics in Money Markets
discussion
October 2014System Committee Meeting on Financial Structure and Regulation Program, Federal Reserve Bank of Dallas
"Model Risk of Risk Models" by J. Danielson, K. James, M. Valenzuela, and I. Zer
conference
September 2014Conference on Advances in Applied Macro-Finance and Forecasting
Banking Industry Risk and Macroeconomic Implications
conference
June 2014International Association for Applied Econometrics Annual Conference
Banking Industry Risk and Macroeconomic Implications
conference
April 2014Annual Symposium of the Society for Nonlinear Dynamics and Econometrics
Banking Industry Risk and Macroeconomic Implications
Awards
- 2017
World Finance Conference
Honorable Mention in the Best Paper Award
- 2009
International Institute of Forecasters
IIF/SAS Forecasting Research Grant
- 2008
Society for Nonlinear Dynamics and Econometrics
James B Ramsey Prize for Top Paper by a Graduate Student
Referee
- Econometric Reviews
- Empirical Economics
- European Economic Review
- European Journal of Finance
- International Journal of Forecasting
- Journal of Applied Econometrics
- Journal of Banking and Finance
- Journal of Business and Economic Statistics
- Journal of International Money and Finance
- Macroeconomic Dynamics
- Oxford Bulletin of Economics and Statistics
- Quantitative Finance
- Studies in Nonlinear Dynamics and Econometrics