Photo of Bora Durdu

Bora Durdu

Education

  • Ph.D., Economics, University of Maryland, 2006
  • M.A., Economics, University of Maryland, 2004
  • B.S., Industrial Engineering, Bilkent University, 2001
Current Research Topics
  • Sovereign Risk, Financial Frictions,
  • Macroprudential Policies
  • Section Chief

    Federal Reserve Board

    2015 - present
  • Group Manager

    Federal Reserve Board

    2014 - 2015
  • Senior Economist

    Federal Reserve Board

    2013 - 2014
  • Economist

    Federal Reserve Board

    2007 - 2013
  • Economist

    Congressional Budget Office

    2006 - 2007
  • Adjunct Professor

    University of Maryland

    2014 - 2015
  • Adjunct Professor

    Georgetown University

    2010 - 2012
  • Dissertation Intern

    Federal Reserve Board

    2005
  • Durdu, Bora, Rochelle Edge, and Daniel Schwindt (2017). "Measuring the Severity of Stress-Test Scenarios," FEDS Notes 2017-05-05. Board of Governors of the Federal Reserve System (U.S.).
  • Boz, Emine, Ceyhun Bora Durdu, and Nan Li (2015). "Emerging Market Business Cycles: The Role of Labor Market Frictions," Journal of Money, Credit and Banking, vol. 47, no. 1, pp. 31-72.
  • Durdu, C. Bora, Ricardo Nunes, and Horacio Sapriza (2013). "News and Sovereign Default Risk in Small Open Economies," Journal of International Economics, vol. 91, no. 1, pp. 1-17.
  • Durdu, Ceyhun Bora (2013). "Emerging Market Business Cycles: Recent Advances," International Economic Journal, vol. 27, no. 2, pp. 183-199.
  • 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, 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.
  • seminar

    2017

    Norges Bank, University of Oslo

  • conference

    2017

    Computing in Economics and Finance

  • seminar

    2016

    European Central Bank, George Washington University

  • conference

    2016

    AREUEA, Canadian Economic Association, Society for Economic Dynamics, IMF-FRB workshop on the interaction of monetary policy and financial stability

  • seminar

    2015

    University of Maryland

  • conference

    2015

    Sytem Committe on International Economic Analysis

  • conference

    2014

    Winter Meetings of Econometric Society, Society for Economic Dynamics, Summer Meetings of Econometric Society, NBER IFM Summer Institute

  • seminar

    2014

    The Central Bank of Turkey, TOBB ETU

  • conference

    2013

    ASSA Meetings, Summer Meetings of Econometric Society, Society for Economic Dynamics, Central Bank Macroeconomic Modelling Workshop

  • 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

Awards
  • 2016

    Federal Reserve Board

    Special Achievement 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
  • Research Affiliate, TUSIAD-KOC University Economic Research Forum, 2010-present
  • Member, the Central Bank Research Association (CEBRA), 2015-present
Last update: November 6, 2017