Research
Refereed Publications
* undergraduate student
30. Durmaz, Nazif, Shuyi Bian*, and Yihang Gu* (Forthcoming), “Economic Policy Uncertainty and Housing Prices: Evidence from Northern and Southern Europe,” Accepted, International Journal of Housing Markets and Analysis.
29. Durmaz, Nazif, Jiaxin Zheng*, and Pingyu Zhou* (Forthcoming), “Stock Returns and Income Inequality in Emerging Economies: Asymmetric evidence from BRICS and MIKTA,” Accepted, The Global Journal of Emerging Market Economies.
28. Durmaz, Nazif, Qiutong Liu*, and Zhechen Lu* (Forthcoming), “CO2 emission, energy consumption, and economic growth in Latin America,” Accepted, Energy Research Letters.
27. Durmaz, Nazif (2024), “The effects of policy uncertainty on stock prices: Revisiting with selected countries,” Ekonomika 103-3, 57-69.
26. Kagochi, John and Nazif Durmaz (2024), “Determinants of Intra-Sub-Saharan Africa Tourism Demand,” Tourism Analysis 29-3, 403-418.
25. Durmaz, Nazif and Alexi Thompson (2024), “An Environmental Kuznets Curve for Water Pollution: Does Water Abundance Affect the Turning Point?,” Science of the Total Environment Vol. 913, 169657.
24. Durmaz, Nazif and Tairu Jie* (2024), “Money demand in Mexico: a nonlinear ARDL approach,” Economics and Business Letters 13-1, 20-28.
23. Durmaz, Nazif and Zixin Tong* (2023), “Bilateral Trade of Turkey-US: Can Euro explain this relationship?,” The Journal of International Trade & Economic Development 33(8), 1691–1707.
22. Durmaz, Nazif and Shuzhe Zheng* (2023), “Turkish Coffee Bean Imports: Asymmetric Exchange Rate Pass-Through Analysis,” Accepted, Journal of Agribusiness in Developing and Emerging Economies.
21. Durmaz, Nazif (2023), “Closed-End Fund Discounts and Economic Policy Uncertainty,” Journal of Risk and Financial Management 16-3, 1-29.
20. Durmaz, Nazif and John Kagochi (2022), “Asymmetric Exchange Rate Pass-Through in Turkish Imports of Cocoa Beans,” Journal of Risk and Financial Management 15-4, 1-11.
19. Metghalchi, Massoud, Nazif Durmaz, Peggy Cloninger, and Kamvar Farahbod (2021), “Trading Rules and Excess Returns: Evidence from Turkey,” International Journal of Islamic and Middle Eastern Finance and Management 14-4, 713-731.
18. Bahmani-Oskooee, Mohsen and Nazif Durmaz (2021), “Exchange rate volatility and Turkey–EU commodity trade: an asymmetry analysis,” Empirica 48-2, 429-482.
17. Kagochi, John and Nazif Durmaz (2020), “Stock Market Development, Human Capital, and Economic Growth in Sub-Saharan Africa,” Review of Development Finance 10-1, 17-30.
16. Bahmani-Oskooee, Mohsen and Nazif Durmaz (2020), “Asymmetric Cointegration and the J-Curve: Evidence from Commodity Trade between Turkey and EU,” Empirica 47-4, 757-792.
15. Durmaz, Nazif and John Kagochi (2018), “Democracy and Inter-regional Trade Enhancement in Sub-Saharan Africa: Gravity Model,” Economies 6-3, 1-17.
14. Kagochi, John and Nazif Durmaz (2018), “Assessing RTAs Inter-Regional Trade Enhancement in Sub-Saharan Africa,” Cogent Economics and Finance 6-1, 1-14.
13. Durmaz, Nazif (2017), “Foreign Direct Investments, Democracy, and Economic Growth in Turkey,” International Journal of Social Economics 44-2, 232-252.
12. Bahmani-Oskooee, Mohsen and Nazif Durmaz (2017), “Evidence on Orcutt's Hypothesis using Turkish-US Commodity Trade,” The Journal of International Trade & Economic Development 26-1, 25-44.
11. Lee, Jaehyuk and Nazif Durmaz (2016), “Impact of Climate Change on US Corn Production: Evidence from Panel Study,” Applied Econometrics and International Development 16-1, 93-104.
10. Bahmani-Oskooee, Mohsen and Nazif Durmaz (2016), “Exchange Rate Volatility and Turkish Commodity Trade with the Rest of the World,” Economic Change and Restructuring 49-1, 1-21.
9. Durmaz, Nazif (2015), “Industry Level J-Curve in Turkey,” Journal of Economic Studies 42-4, 689-706.
8. Durmaz, Nazif and Jaehyuk Lee (2015), “An Empirical Analysis of Import Demand Function for Turkey: An ARDL Bounds Testing Approach,” Journal of Developing Areas 49-4, 215-226.
7. Kagochi, John and Nazif Durmaz (2014), “Transfer Students from Two-year Institutions to Four-year Institutions at the Course Level: A Case of Minority Students Population,” International Journal of Education Economics and Development 5-3, 257-266.
6. Durmaz, Nazif (2014), “Inventories of Asian Textile Producers, US Cotton Exports, and the Exchange Rate,” Panoeconomicus 61-4, 397-413.
5. Durmaz, Nazif and Henry Thompson (2013), “US Cotton Exports and Bilateral Exchange Rates,” Agricultural Economics Review 14-1, 5-15.
4. Soylu, Ali and Nazif Durmaz (2013), “Profitability of Interest-free vs. Interest-based Banks in Turkey,” Australian Economic Review 46-2, 176-188.
3. Kim, Hyeongwoo and Nazif Durmaz (2012), “Bias Correction and Out of Sample Forecast Accuracy,” International Journal of Forecasting 28, 575-586.
2. Cheng, Ka Ming, Nazif Durmaz, Hyeongwoo Kim, and Michael Stern (2012),“Hysteresis vs. Natural Rate of US Unemployment,” Economic Modelling 29-2, 428-434.
1. Durmaz, Nazif (2011), “Housing Prices and Fundamentals: Role of Supply Shifter,” Economics Bulletin 31-3, 2468-2479.
Working Papers
“Relative Prices and Empirical Trade Patterns,” November 2022 (with Henry Thompson), Revised & resubmitted.
“Trend Breaks and the Persistence of Closed-End Mutual Fund Discounts,” March 2023 (with Hyeongwoo Kim, Hyejin Lee, and Yanfei Sun), under review.
“Simulating the Constant Cost Trade Model,” February 2024 (with Henry Thompson), under review.
“Stock Price-Exchange Rate Nexus: Asymmetry Analysis with Selected Countries,” January 2023, Revised & resubmitted.
“Temporary Employment, Gender, and Productivity in Global Food Industry,” May 2023 (with Dengjun Zhang), under review.
“The Impact of Energy Outages and In-House Generators on Capacity Utilization: African Manufacturing Industry,” December 2023 (with Dengjun Zhang and John Kagochi), under review.
“Economic Policy Uncertainty and Housing Prices,” May 2024, under review.
“Determinants of Temporary Employment,” December 2023 (with Dengjun Zhang), in progress
“Tax Evasion, Corruption, and International Trade,” February 2024 (with John Kagochi), in progress
“Housing Prices and Fundamentals in US Metropolitan Areas,” February 2020, in progress
“Revisiting Determinants of Tracking Error in Country-Specific Global ETFs,” March 2019, in progress
“Political Kuznets Curve and Democracy,” March 2019, in progress
“Participation Banking in Turkey,” May 2018, in progress
“Turkey and the EU Trade Agreement in a Specific Factors Model with Energy Imports,” August 2015, in progress