Meet the Researchers
Bora Durdu
[email protected]
Education
- Ph.D., Economics, University of Maryland, 2006
- M.A., Economics, University of Maryland, 2004
- B.S., Industrial Engineering, Bilkent University, 2001
- Monetary policy-financial stability interaction
- Macroprudential Policies, Solution Methods
Deputy Associate Director
Federal Reserve Board
2024 - presentAssistant Director
Federal Reserve Board
2020 - 2024Section Chief
Federal Reserve Board
2015 - 2020Group Manager
Federal Reserve Board
2014 - 2015Senior Economist
Federal Reserve Board
2013 - 2014Economist
Federal Reserve Board
2007 - 2013Economist
Congressional Budget Office
2006 - 2007Adjunct Professor
University of Maryland
2019Adjunct Professor
University of Maryland
2014 - 2015Adjunct Professor
Georgetown University
2010 - 2012Dissertation Intern
Federal Reserve Board
2005
- Nonlinear Effects of Loan-to-Value Constraints
C. Bora Durdu and Sergio Villalvazo
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.081 - Assessing the Impact of Basel III: Review of Transmission Channels and Insights from Policy Models
Olivier de Bandt, Bora Durdu, Hibiki Ichiue, Yasin Mimir, Jolan Mohimont, Kalin Nikolov, Sigrid Roehrs, Jean-Guillaume Sahuc, Valerio Scalone, and Michael Straughan
International Journal of Central Banking (2024) - Understanding Bank and Nonbank Credit Cycles: A Structural Exploration
C. Bora Durdu and Molin Zhong
Journal of Money, Credit and Banking (2023)
https://doi.org/10.1111/jmcb.12918
See also » FRB Working Paper (2019) - The Role of US Monetary Policy in Banking Crises Across the World
C. Bora Durdu, Alex Martin, and Ilknur Zer
IMF Economic Review (2020)
https://doi.org/10.1057/s41308-020-00109-1 - Approximately Right?: Global v. Local Methods for Open-Economy Models with Incomplete Markets
Oliver de Groot, C. Bora Durdu, and Enrique G. Mendoza
Finance and Economics Discussion Series (2020)
https://doi.org/10.17016/FEDS.2020.006 - Measuring the Severity of Stress-Test Scenarios
Bora Durdu, Rochelle Edge, and Daniel Schwindt
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.1970 - Emerging Market Business Cycles: The Role of Labor Market Frictions
Emine Boz, Ceyhun Bora Durdu, and Nan Li
Journal of Money, Credit and Banking (2015)
https://doi.org/10.1111/jmcb.12168 - Emerging Market Business Cycles: recent advances
Ceyhun Bora Durdu
International Economic Journal (2013)
https://doi.org/10.1080/10168737.2013.796110 - News and Sovereign Default Risk in Small Open Economies
C. Bora Durdu, Ricardo Nunes, and Horacio Sapriza
Journal of International Economics (2013)
https://doi.org/10.1016/j.jinteco.2013.04.002
See also » FRB Working Paper (2010) - On the solvency of nations: Cross-country evidence on the dynamics of external adjustment
C. Bora Durdu, Enrique G. Mendoza, and Marco E. Terrones
Journal of International Money and Finance (2013)
https://doi.org/10.1016/j.jimonfin.2012.07.002
See also » FRB Working Paper (2009) - Emerging Market Business Cycles: Learning about the Trend
Emine Boz, Christian Daude, and Ceyhun Bora Durdu
Journal of Monetary Economics (2011)
https://doi.org/10.1016/j.jmoneco.2011.11.003 - Review of 'Emerging Markets Resilience and Growth amid Global Turmoil' by M. Ayhan Kose and Eswar S. Prasad
Ceyhun Bora Durdu
Journal of International Economics (2011)
https://doi.org/10.1016/j.jinteco.2011.05.009 - Emerging Market Business Cycles with Remittance Fluctuations
Ceyhun Bora Durdu and Serdar Sayan
IMF Economic Review (2010)
https://doi.org/10.1057/imfsp.2009.3
See also » FRB Working Paper (2008) - Quantitative Implications of Indexed Bonds in Small Open Economies
Ceyhun Bora Durdu
Journal of Economic Dynamics & Control (2009)
https://doi.org/10.1016/j.jedc.2008.09.006
See also » FRB Working Paper (2007) - Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism
Ceyhun Bora Durdu, Enrique G. Mendoza, and Marco E. Terrones
Journal of Development Economics (2009)
https://doi.org/10.1016/j.jdeveco.2008.01.010
See also » FRB Working Paper (2007) - Are Asset Price Guarantees Useful for Preventing Sudden Stops?: A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff
Ceyhun Bora Durdu and Enrique G. Mendoza
Journal of International Economics (2006)
https://doi.org/10.1016/j.jinteco.2005.05.006
seminar
2020UC Santa Cruz
seminar
2019The Bank of Finland
conference
2019NBER Summer Institute, Midwest Macro Meetings, Computing in Economics and Finance
conference
2018Society for Economic Dynamics, Central Bank Modeling Workshop
seminar
2017Norges Bank, University of Oslo
conference
2017Computing in Economics and Finance
seminar
2016European Central Bank, George Washington University
conference
2016AREUEA, Canadian Economic Association, Society for Economic Dynamics, IMF-FRB workshop on the interaction of monetary policy and financial stability
seminar
2015University of Maryland
conference
2015Sytem Committe on International Economic Analysis
conference
2014Winter Meetings of Econometric Society, Society for Economic Dynamics, Summer Meetings of Econometric Society, NBER IFM Summer Institute
seminar
2014The Central Bank of Turkey, TOBB ETU
conference
2013ASSA Meetings, Summer Meetings of Econometric Society, Society for Economic Dynamics, Central Bank Macroeconomic Modelling Workshop
seminar
2012Federal Reserve Bank of Boston, Indiana University
conference
2012Seoul National University
discussion
2012System Commitee on International Economic Analysis
conference
2011Challenges in Open-Economy Macroeconomics after the Financial Crisis, FRB St. Louis; Econometric Society Summer Meetings; ASSA Meetings; SNDE Meetings
seminar
2011Federal Reserve Bank of New York, Federal Reserve Bank of Dallas
discussion
2010ASSA Meetings, IMF Conference on Systemic Risk and Macroprudential Tools
seminar
2010Federal Reserve Bank of Philadelphia, World Bank, Georgetown University, Federal Reserve Board
conference
2010Sovereign Debt Conference Hertie School, Berlin, Germany, Society for Economic Dynamics, Midwest Macro Meetings
seminar
2009Institute for Advanced Studies, Vienna, Austria; Singapore Management University; National University of Singapore
seminar
2009Bank of Canada, International Monetary Fund, Inter American Development Bank, Federal Reserve Board, Central Bank of Turkey
conference
2009NBER IFM Spring Meetings, Summer Meetings of Econometric Society
conference
2008Midwest Macro Meetings, System Commitee on International Economic Analysis
seminar
2008Duke University, Ohio State University, Rutgers University, Federal Reserve Board
conference
200815th World Congress of the International Economic Association; European Meetings of the Econometric Society
seminar
2007Federal Reserve Board, Congressional Budget Office
conference
2007NBER IFM Fall Meetings; Society for Economic Dynamics; Society for Computational Economics; New Perspective on Financial Globalization, IMF-Cornell
discussion
2008Remittances and the Macroeconomy Conference, Federal Reserve Bank of Atlanta
conference
2006Society for Computational Economics
seminar
2006Federal Reserve Bank of Dallas, Congressional Budget Office, Bilkent University, Koc University, Sabanci University, Central Bank of Turkey, TOBB ETU
conference
2005Midwest Macro Meetings; Inter-University Conference, Princeton University,
seminar
2005Federal Reserve Board, University of Maryland
conference
2004Emerging Markets and Macroeconomic Volatility Conference, Federal Reserve Bank of San Francisco
seminar
2004Bank of England; University of Maryland
Awards
- 2016
Federal Reserve Board
Special Achievement Award
- 2016
Journal of International Economics
Outstanding Reviewer Award
- 2006
Society for Computational Economics
First Prize, the Student Prize Competition
- 2005
Federal Reserve Board
Dissertation Internship
- 2005
Department of Economics, University of Maryland
Summer Research Grant
- 1997
Bilkent University
Merit Scholarship (1997-2001)
Referee
- Review of Economic Studies
- Journal of Monetary Economics
- Journal of International Economics
- American Economic Journal: Macroeconomics
- International Economic Review
- Journal of Money Credit and Banking
- Journal of the European Economic Association
- Journal of Development Economics
- European Economic Review
- Economic Journal
- Review of Economic Dynamics
- B.E. Journal of Macroeconomics
- Journal of International Money and Finance
- IMF Economic Review
- Macroeconomic Dynamics
- Journal of Macroeconomics
- Economic Letters
- Canadian Journal of Economics
- Economica
- Quarterly Review of Economics and Finance
- Review of International Economics
- International Journal of Central Banking
- International Review of Economics and Finance
- International Economics
- CUNY Research Grant
- METU Studies in Development
Professional Affiliation
- Member, the Central Bank Research Association (CEBRA), 2015-present