Photo of Zeynep Senyuz

Zeynep Senyuz

Deputy Associate Director Program Direction Section Monetary Affairs
202-973-7499
zeynep.senyuz@frb.gov

Education

  • Ph.D., Economics, University of California - Riverside, 2008
  • M.A., Economics, Marmara University, 2002
  • B.A., Economics, Marmara University, 2000
Current Research Topics
  • Monetary Policy Implementation
  • Financial Stress and Short-term Funding Dynamics
  • Deputy Associate Director

    Board of Governors of the Federal Reserve System

    2021 - present
  • Assistant Director

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Visiting Scholar

    University of California, San Diego

    2017
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Economist

    Board of Governors of the Federal Reserve System

    2011 - 2015
  • Assistant Professor of Economics

    University of New Hampshire

    2008 - 2011
  • How Has Monetary and Regulatory Policy Affected Trading Relationships in the U.S. Repo Market?
    Sriya Anbil and Zeynep Senyuz
    International Journal of Central Banking (Forthcoming)
  • Are Repo Markets Fragile? Evidence from September 2019
    Sriya Anbil, Alyssa Anderson, and Zeynep Senyuz
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.028
  • Implementing Monetary Policy in an "Ample-Reserves" Regime: When in Crisis (Note 3 of 3)
    Jane Ihrig, Zeynep Senyuz, and Gretchen C. Weinbach
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2744
  • Implementing Monetary Policy in an "Ample-Reserves" Regime: Maintaining an Ample Quantity of Reserves (Note 2 of 3)
    Jane Ihrig, Zeynep Senyuz, and Gretchen C. Weinbach
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2553
  • Implementing Monetary Policy in an "Ample-Reserves" Regime: The Basics (Note 1 of 3)
    Jane Ihrig, Zeynep Senyuz, and Gretchen C. Weinbach
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2552
  • What Happened in Money Markets in September 2019?
    Sriya Anbil, Alyssa Anderson, and Zeynep Senyuz
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2527
  • The Fed’s “Ample-Reserves” Approach to Implementing Monetary Policy
    Jane Ihrig, Zeynep Senyuz, and Gretchen C. Weinbach
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.022
  • 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)
  • The Regulatory and Monetary Policy Nexus in the Repo Market
    Sriya Anbil and Zeynep Senyuz
    Finance and Economics Discussion Series (2018)
    https://doi.org/10.17016/FEDS.2018.027
  • 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
  • Overnight Reverse Repurchase (ON RRP) Operations and Uncertainty in the Repo Market
    Zeynep Senyuz and Manjola Tase
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2069
  • Volatility in the Federal Funds Market and Money Market Spreads During the Financial Crisis
    Seth B. Carpenter, Selva Demiralp, and Zeynep Senyuz
    Journal of Financial Stability (2016)
    https://doi.org/10.1016/j.jfs.2016.01.004
  • A Dynamic Factor Model of the Yield Curve Components as a Predictor of the Economy
    Marcelle Chauvet and Zeynep Senyuz
    International Journal of Forecasting (2016)
    https://doi.org/10.1016/j.ijforecast.2015.05.007
    See also » FRB Working Paper (2012)
  • 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)
  • Measuring Stress in Money Markets: A Dynamic Factor Approach
    Seth Carpenter, Selva Demiralp, Bernd Schlusche, and Zeynep Senyuz
    Economics Letters (2014)
    https://doi.org/10.1016/j.econlet.2014.08.017
  • 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
  • Factor Analysis of Permanent and Transitory Dynamics of the US Economy and the Stock Market
    Zeynep Senyuz
    Journal of Applied Econometrics (2011)
    https://doi.org/10.1002/jae.1193
  • 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
  • conference

    2018

    ASSA Annual Meeting, IBEFA, Philadelphia

  • conference

    2017

    World Finance Conference, Sardinia; Econometric Society, Lisbon; WFA-CFAR and JFI Conf., St. Louis; ECB Money Markets Workshop, Frankfurt

  • seminar

    2017

    University of California, Riverside

  • conference

    2016

    IFABS Annual Conference, Barcelona; WEAI Conference, Portland

  • conference

    2015

    International Workshop on Financial Markets and Nonlinear Dynamics, Paris, France; ISF, Riverside

  • seminar

    2014

    Federal Reserve Board; American University

  • conference

    2014

    SNDE Annual Symposium, NYC; Conference on Advances in Applied Macro-Finance and Forecasting, Istanbul

  • conference

    2012

    IFABS Annual Conference, Valencia

  • conference

    2011

    SNDE Symposium, Washington D.C.; St. Louis Fed Applied Time Series Econometrics Workshop; Computing in Economics and Finance, San Francisco; SEA, D.C.

  • seminar

    2011

    The University of Queensland, Brisbane, Australia; Federal Reserve Board

  • conference

    2010

    ISF San Diego; Joint Statistical Meetings of the American Statistical Association, Vancouver

  • seminar

    2010

    University of New Hampshire; Bentley University

  • conference

    2009

    SEA Annual Meetings, San Antonio; SNDE Symposium Atlanta

  • seminar

    2008

    California State University, Sacramento; Pomona College; Bank of Canada

  • conference

    2007

    International Symposium on Forecasting (ISF), NYC; Far Eastern Meetings of the Econometric Society, Taipei

  • conference

    2006

    NBER-NSF Time Series Conference, Montreal

Awards
  • 2018

    Monetary Affairs, Federal Reserve Board

    Division Director's Award

  • 2017

    World Finance Conference

    Honorable Mention in the Best Paper Award

  • 2007

    University of California, Riverside

    Outstanding Teaching Assistant Award

  • 2007

    International Institute of Forecasters

    Conference Travel Grant

Referee
  • Economics Letters
  • Empirical Economics
  • Finance Research Letters
  • International Journal of Forecasting
  • International Finance
  • Journal of Applied Econometrics
  • Journal of Banking and Finance
  • Journal of Business and Economic Statistics
  • Journal of Economic Dynamics and Control
  • Journal of Macroeconomics
  • Journal of Quantitative Economics
  • Macroeconomic Dynamics
  • Studies in Nonlinear Dynamics and Econometrics
Last update: February 22, 2022