Professional Experience

• • Economist

    Board of Governors of the Federal Reserve System

  • 2007 - present

• • Adjunct Professor

    Georgetown University

  • 2010 - 2012

• • Economist

    Congressional Budget Office

  • 2006 - 2007

• • Dissertation Intern

    Board of Governors of the Federal Reserve System

  • 2005

• • Ph.D. Intern

    Bank of England

  • 2004

Publications

• Durdu, C. Bora, Ricardo Nunes, and Horacio Sapriza (Forthcoming). "News and Sovereign Default Risk in Small Open Economies," Journal of International Economics.
• Durdu, C. Bora, Enrique G. Mendoza, and Marco E. Terrones (2013). "On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment," Journal of International Money and Finance, vol. 32, pp. 762-780.
• Durdu, Ceyhun Bora (2011). "Review of 'Emerging Markets Resilience and Growth Amid Global Turmoil' by M. Ayhan Kose and Eswar S. Prasad," Journal of International Economics, vol. 85, no. 1, pp. 160-162.
• Boz, Emine, Ceyhun Bora Durdu, and Nan Li (2009). "Labor Market Search in Emerging Economies," International Finance Discussion Papers 989. Board of Governors of the Federal Reserve System (U.S.).
• Boz, Emine, Christian Daude, and Ceyhun Bora Durdu (2011). "Emerging Market Business Cycles: Learning about the Trend," Journal of Monetary Economics, vol. 58, no. 6-8, pp. 616-631.
• Durdu, Ceyhun Bora, Enrique G. Mendoza, and Marco E. Terrones (2009). "Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism," Journal of Development Economics, vol. 89, no. 2, pp. 194-209.
• Durdu, Ceyhun Bora, and Serdar Sayan (2010). "Emerging Market Business Cycles with Remittance Fluctuations," International Monetary Fund staff papers, vol. 57, no. 2, pp. 303-325.
• Durdu, Ceyhun Bora (2009). "Quantitative Implications of Indexed Bonds in Small Open Economies," Journal of Economic Dynamics and Control, vol. 33, no. 4, pp. 883-902.
• Durdu, Ceyhun Bora, and Enrique G. Mendoza (2006). "Are Asset Price Guarantees Useful for Preventing Sudden Stops?: A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff," Journal of International Economics, vol. 69, no. 1, pp. 84-119.
• Durdu, Ceyhun Bora, Ricardo Nunes, and Horacio Sapriza (2010). "News and Sovereign Default Risk in Small Open Economies," International Finance Discussion Papers 997. Board of Governors of the Federal Reserve System (U.S.).
• Durdu, Ceyhun Bora, Enrique G. Mendoza, and Marco E. Terrones (2009). "On the Solvency of Nations: Are Global Imbalances Consistent with Intertemporal Budget Constraints?" International Finance Discussion Papers 975. Board of Governors of the Federal Reserve System (U.S.).
• Boz, Emine, Christian Daude, and Ceyhun Bora Durdu (2008). "Emerging Market Business Cycles Revisited: Learning about the Trend," International Finance Discussion Papers 927. Board of Governors of the Federal Reserve System (U.S.).
• Durdu, Ceyhun Bora, and Serdar Sayan (2008). "Emerging Market Business Cycles with Remittance Fluctuations," International Finance Discussion Papers 946. Board of Governors of the Federal Reserve System (U.S.).
• Durdu, Ceyhun Bora (2007). "Quantitative Implications of Indexed Bonds in Small Open Economies," International Finance Discussion Papers 909. Board of Governors of the Federal Reserve System (U.S.).
• Durdu, Ceyhun Bora, Enrique G. Mendoza, and Marco E. Terrones (2007). "Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism," International Finance Discussion Papers 911. Board of Governors of the Federal Reserve System (U.S.).
• Durdu, Ceyhun Bora, Enrique G. Mendoza, and Marco E. Terrones (2007). "Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Merchantilism," NBER Working Papers 13123. National Bureau of Economic Research, Inc.
• Durdu, Ceyhun Bora, Marco Terrones, and Enrique G. Mendoza (2007). "Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Merchantilism," IMF Working Papers 07/146. International Monetary Fund.
• Durdu, Ceyhun Bora, and Enrique G. Mendoza (2006). "Are Asset Price Guarantees Useful for Preventing Sudden Stops? A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff," IMF Working Papers 06/73. International Monetary Fund.
• Durdu, Ceyhun Bora, and Enrique G. Mendoza (2005). "Are Asset Price Guarantees Useful for Preventing Sudden Stops?: A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff," NBER Working Papers 11178. National Bureau of Economic Research, Inc.
• Mendoza, Enrique G., and Ceyhun Bora Durdu (2004). "Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees," Pacific Basin Working Paper Series 2004-33. Federal Reserve Bank of San Francisco.
• Mendoza, Enrique G., and Ceyhun Bora Durdu (2004). "Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees," NBER Working Papers 10790. National Bureau of Economic Research, Inc.

Presentations

• conference

  2013

  ASSA Meetings

• seminar

  2012

  Federal Reserve Bank of Boston, Indiana University

• conference

  2012

  Seoul National University

• discussion

  2012

  System Commitee on International Economic Analysis

• conference

  2011

  Challenges in Open-Economy Macroeconomics after the Financial Crisis, FRB St. Louis; Econometric Society Summer Meetings; ASSA Meetings; SNDE Meetings

• seminar

  2011

  Federal Reserve Bank of New York, Federal Reserve Bank of Dallas

• discussion

  2010

  ASSA Meetings, IMF Conference on Systemic Risk and Macroprudential Tools

• seminar

  2010

  Federal Reserve Bank of Philadelphia, World Bank, Georgetown University, Federal Reserve Board

• conference

  2010

  Sovereign Debt Conference Hertie School, Berlin, Germany, Society for Economic Dynamics, Midwest Macro Meetings

• seminar

  2009

  Institute for Advanced Studies, Vienna, Austria; Singapore Management University; National University of Singapore

• seminar

  2009

  Bank of Canada, International Monetary Fund, Inter American Development Bank, Federal Reserve Board, Central Bank of Turkey

• conference

  2009

  NBER IFM Spring Meetings, Summer Meetings of Econometric Society

• conference

  2008

  Midwest Macro Meetings, System Commitee on International Economic Analysis

• seminar

  2008

  Duke University, Ohio State University, Rutgers University, Federal Reserve Board

• conference

  2008

  15th World Congress of the International Economic Association; European Meetings of the Econometric Society

• seminar

  2007

  Federal Reserve Board, Congressional Budget Office

• conference

  2007

  NBER IFM Fall Meetings; Society for Economic Dynamics; Society for Computational Economics; New Perspective on Financial Globalization, IMF-Cornell

• discussion

  2008

  Remittances and the Macroeconomy Conference, Federal Reserve Bank of Atlanta

• conference

  2006

  Society for Computational Economics

• seminar

  2006

  Federal Reserve Bank of Dallas, Congressional Budget Office, Bilkent University, Koc University, Sabanci University, Central Bank of Turkey, TOBB ETU

• conference

  2005

  Midwest Macro Meetings; Inter-University Conference, Princeton University,

• seminar

  2005

  Federal Reserve Board, University of Maryland

• conference

  2004

  Emerging Markets and Macroeconomic Volatility Conference, Federal Reserve Bank of San Francisco

• seminar

  2004

  Bank of England; University of Maryland

Other Activities