Research

SSRN

JOURNAL PUBLICATIONS:

Predicting Equity Returns in Emerging Markets, Emerging Markets Finance and Trade, forthcoming (with Yigit Atilgan and K. Ozgur Demirtas)

Decomposing Value Globally, Applied Economics, 2020, 52(42), 4659–4676 (with Yigit Atilgan, K. Ozgur Demirtas and İmra Kirli)

Left-Tail Momentum: Underreaction to Bad News, Costly Arbitrage and Equity Returns, Journal of Financial Economics, 2020, 135(3), 725-753 (with Yigit Atilgan, Turan G. Bali and K. Ozgur Demirtas)

Downside Beta and The Cross-Section of Equity Returns: A Decade Later, European Financial Management, 2020, 26(2), 316-347 (with Yigit Atilgan and K. Ozgur Demirtas)

Global Downside Risk and Equity Returns, Journal of International Money and Finance, 2019, 98 (with Yigit Atilgan, Turan G. Bali and K. Ozgur Demirtas)

Downside Beta and Equity Returns around the World, Journal of Portfolio Management, 2018, 44(7), 39-54 (with Yigit Atilgan, Turan G. Bali, K. Ozgur Demirtas)

Liquidity and Equity Returns in Borsa Istanbul, Applied Economics, 2016, 48(52), 5075-5092 (with Yigit Atilgan and K. Ozgur Demirtas)

BOOK CHAPTERS:

Hedge Fund Strategies in the Post-Crisis Era, In Douglas Cumming and Geoffrey Wood (Ed.), The Oxford Handbook of Hedge Funds, 2020, Oxford University Press (with Yigit Atilgan and Turan G. Bali)

Predicting Equity Returns in Developed Markets, In Škrinjarić, T., Čižmešija, M., & Christiansen, B. (Eds.), Recent Applications of Financial Risk Modelling and Portfolio Management, 2021, 68-90, IGI Global.