Ayse Evrensel
Associate Professor
Member of the Faculty Since: 2005
Ph.D., Clemson University, 1999 (Economics)
M.A., Clemson University, 1993 (Economics)
Ph.D., University of Zurich, 1984 (Geography)
B.A., University of Ankara, 1978 (Geography)
- Office: Alumni Hall-3132
- Office Phone: (618) 650-2592
- Fax: (618) 650-3047
- Email: aevrens@siue.edu
Courses:
- Economics/Finance 344: Financial Markets
- Economics/Finance 450: International Finance
- Economics/Finance 461: International Trade
- Economics 520: Advanced Macroeconomic Theory
- "How do IMF announcements affect financial markets in crises?: Evidence from forward exchange markets" (with A. Kutan), Journal of Financial Stability, forthcoming.
- “Banking Crisis and Financial Structure: A Survival Time Analysis,”
International Review of Economics and Finance, forthcoming. - “Determinants of Bank Supervisory Agencies’ Power and Accountability: A Cross- Country Analysis,” Applied Economics Letters, forthcoming.
- “Are Multinationals Afraid of Social Violence in Emerging Markets? Evidence
from the Indonesian Provinces” (with Ali M. Kutan), Journal of Economic
Studies 34 (1), 2007, 59-73. - “Impact of IMF-Related News on Capital Markets: Further Evidence from Bond
Spreads in Indonesia and Korea” (with Ali M. Kutan), Journal of International
Financial Markets, Institutions & Money 18 (2), 2008, 147-160. - “Macroeconomic Policies and Participation in IMF Programs” (with Jong Sung
Kim), Economic Systems 30 (3), 2006, 264-281. - “IMF-Related Announcements and Stock Market Returns: Evidence from Financial and Non-Financial Sectors in Indonesia, Korea, and Thailand” (with Ali M. Kutan), Pacific-Basin Finance Journal 15 (1), 2007, 80-104.
- "Creditor Moral Hazard in Stock Markets: Empirical Evidence from Indonesia and Korea" (with Ali Kutan)," Journal of International Money and Finance, Vol. 25, pg. 640-654, 2006.
- "IMF Programs in Emerging Countries," Comparative Economic Studies, 47, pg. 4-22, 2005.
- "Lending to Developing Countries Revisited: Changing Nature of Lenders and Payment Problems," Economic Systems, Vol. 28, No. 3, 2004, 235-56.
- "IMF Programs and Financial Liberalization in Turkey," Emerging Markets Finance and Trade, 40 (4) 2004, 5-19.
- "Effectiveness of IMF-Supported Stabilization Programs in Developing Countries," Journal of International Money and Finance, 21 (5) 2002, 565-87.
Recent Working Papers:
Other:
Prior to joining the SIUE faculty, Dr. Evrensel taught a wide variety of courses at Ball State University, University of California San Diego, and Portland State University. In addition to lower-level undergraduate courses, such as Introduction to Macroeconomics and Introduction to Microeconomics, she taught upper-level undergraduate electives, such as Econometrics, International Finance, International Trade, and Economics of Population Growth. Dr. Evrensel also taught Advanced Macroeconomic Theory for master students in Economics.
Dr. Evrensel’s research interests focus on international finance and open economy macroeconomics. She has recently published in Journal of International Money and Finance, Economic Systems, and Emerging Markets Finance and Trade. Her 2002 paper on the IMF-supported stabilization programs was the second most requested paper of 2002 from JIMF. Her paper with Ali Kutan “Creditor Moral Hazard in Equity Markets: A Theoretical Framework and Evidence from Indonesia and Korea” was among the Top Ten downloaded papers in SSRN Electronic Library in July 2004.
Dr. Evrensel has served as a referee for professional journals such as Journal of International Money and Finance, Comparative Economic Studies, and Emerging Markets Finance and Trade. Since January 2005, she has been serving as an editorial board member of Economic Systems and Emerging Markets Finance and Trade. She has reviewed textbooks for publishers such as Routledge, McGraw-Hill, and Pearson Addison Wesley. Dr. Evrensel is a member of the American Economic Association, Western Economic Association, European Union Studies Association, and CSWEP (Committee on the Status of Women in the Economics Profession).
