Mortaza Ojaghlou (Murteza OCAKLI), Ph.D

Associate Professor and Head of Finance and Economics Department

Istanbul, TR.

About

Highly accomplished Associate Professor and Head of the Finance and Economics Department with a distinguished record in academic leadership, research, and teaching. Expert in applied econometrics, monetary policy, and sustainable development, with extensive publications in Scopus and WOS indexed journals. Proven ability to lead curriculum development, foster international collaborations, and drive departmental strategic initiatives.

Work

Istanbul Aydın University

Associate Professor and Head of Department (Chair), Economics and Finance

Istanbul, Istanbul, Türkiye

Jan 2024→ Mar 2025

Summary

Led the Finance and Economics Department, overseeing academic, administrative, and strategic development initiatives from 2024 to present.

Highlights

Directed academic and administrative operations for the Finance and Economics Department, enhancing efficiency and achieving departmental objectives.

Spearheaded curriculum development and accreditation processes, ensuring alignment with national and international academic standards.

Managed student affairs and represented the department in university councils, contributing to institutional policy and governance.

Initiated successful international collaborations and Erasmus+ partnerships, expanding global academic opportunities for students and faculty.

Istanbul Aydın University

Assistant Professor, Department of Economics and Finance

Istanbul, Istanbul, Türkiye

Jan 2019→ Jan 2024

Summary

Conducted extensive research and delivered comprehensive instruction in economics and finance from 2019 to 2024.

Highlights

Taught a broad spectrum of undergraduate and postgraduate courses, including Statistics, Mathematics for Business, and Econometric Methods, to over 200 students annually.

Mentored and supervised numerous MSc and PhD theses, guiding students through complex empirical research and analysis.

Published multiple peer-reviewed articles in Scopus and WOS indexed journals, advancing research in applied econometrics and economic policy.

Contributed to the department's research output and academic standing through active participation in scholarly conferences and projects.

Booking.com

Investment Advisor

N/A, Italy, Italy

Jan 2018→ Jan 2019

Summary

Provided strategic investment advisory services to Booking.com, leveraging economic expertise to inform financial decisions in Italy.

Highlights

Delivered expert investment advice and market analysis, supporting Booking.com's financial strategy during a critical growth period.

Analyzed macroeconomic trends and financial indicators to identify potential investment opportunities and mitigate risks.

Contributed to the development of financial models and forecasts, enhancing data-driven decision-making processes.

Collaborated with internal teams to align investment strategies with broader business objectives and market conditions.

Sepeh Bank

Accountant

N/A, N/A, Türkiye

Jan 2009→ Jan 2012

Summary

Managed financial accounts and transactions, ensuring compliance and accuracy for Sepeh Bank from 2009 to 2012.

Highlights

Maintained accurate financial records and processed daily transactions, ensuring compliance with banking regulations.

Prepared and analyzed financial statements, contributing to monthly and annual reporting cycles.

Reconciled accounts and resolved discrepancies, improving financial data integrity and reducing audit risks.

Supported internal audit processes, ensuring transparency and accountability in financial operations.

N/A

Census Staff

N/A, N/A, Türkiye

Jan 2008→ Jan 2009

Summary

Collected and processed essential demographic and economic data for national census initiatives from 2008 to 2009.

Highlights

Collected and verified demographic and economic data from over 500 households, ensuring high data quality for national statistics.

Utilized standardized survey methodologies to ensure consistency and reliability of collected information.

Collaborated effectively with field teams to meet data collection targets ahead of schedule.

Adhered to strict confidentiality protocols while handling sensitive personal data, maintaining public trust.

Education

Karadeniz Technical University

Trabzon, Trabzon, Türkiye

Jan 2015→ Dec 2019

Ph.D. (Thesis: Tourism sector and Dutch disease: The case of Turkey) Economics

Karadeniz Technical University

Trabzon, Trabzon, Türkiye

Jan 2012→ Dec 2015

M.A. (Thesis: Function of the monetary transmission mechanism in Turkey: An empirical analysis) Economics

Publications

STIRPAT Modeline Göre Kentleşme ve Ekonomik Faaliyetlerin Çevre Kirliliğinin Üzerinde Etkisi; Türkiye Örneği

Organizasyonlarda sürdürülebilirlik ve yeşil yaklaşım uygunlaşmaları

Book chapter on the impact of urbanization and economic activities on environmental pollution in Turkey using the STIRPAT model.

MODELING MARKET VOLATILITY WITH ARCH AND UNIVARIATE GARCH MODELS: EVIDENCE FROM XU100

SOSYAL BİLİMLERDE TOPLUMSAL SORUNLARA BAKIŞ: UYGULAMALI ÇALIŞMALAR

Chapter focusing on modeling market volatility using ARCH and GARCH models with evidence from XU100.

Analyzing the impact of oil imports on air pollution proxied by PM2.5 concentrations in China

Management of Environmental Quality: An International Journal

Jan 2025

Investigates the environmental and economic impact of oil imports on air quality in China.

Is There A Relationship Between Financial Development And Geopolitical Risk Indices And Sustainable Development Goals? A Study on E3 Countries

Panoeconomicus

Jan 2025

Examines the complex interplay between financial development, geopolitical risks, and sustainable development goals across E3 countries.

Empirical Linkages Between Democracy and Economic Growth: The Case of Türkiye

Economics & Sociology

Jan 2025

Analyzes the relationship between democratic structures and economic growth within the context of Türkiye.

Co-movements Between Bitcoin and Gold: Multivariate BEKK-GARCH Models

Springer Nature Switzerland (Computing Intelligence in Capital Market)

Jan 2024

Analyzes the dynamic co-movements between Bitcoin and gold using multivariate BEKK-GARCH models.

Modeling structure of inflation in Türkiye: DCC-GARCH and Markov switching model

Journal of Financial Economic Policy

Jan 2024

Develops and applies advanced econometric models to analyze the structure of inflation in Türkiye.

Impact of liberalization and globalization on economic growth: Empirical evidence from Türkiye

JOURNAL OF INTERNATIONAL STUDIES

Jan 2024

Provides empirical evidence on the impact of liberalization and globalization on economic growth in Türkiye.

AB27- Türkiye Emtia Ticareti ve J- Eğrisi: Asimetrik Analizinden Yeni Kanıtlar (Plastik Sektörü Örneği)

Maliye Ve Finans Yazıları

Jan 2024

Presents new evidence on the J-Curve effect in commodity trade between AB27 and Turkey, with a focus on the plastics sector.

Defence Spending, Economic Growth and Regional Balance: Evidence from Azerbaijan and Armenia

Bulletin of Economic Theory and Analysis

Jan 2024

Provides empirical evidence on the relationship between defense spending, economic growth, and regional balance in Azerbaijan and Armenia.

Economic Activities and Management Issues for the Environment: An Environmental Kuznets Curve (EKC) and STIRPAT Analysis in Turkey

Resources

Jan 2023

Applies EKC and STIRPAT analysis to evaluate the environmental impact of economic activities in Turkey.

The Evaluation of Turkey's Foreign Trade during COVID-19

Fiscaoeconomia (FSECON)

Jan 2023

Evaluates the performance and dynamics of Turkey's foreign trade during the COVID-19 pandemic.

İktisat ve İşletme İçin İstatistik Dr. Öğretim Üyesi Mortaza OJAGHLOU

Filiz Kitabevi

Jan 2023

Authored a textbook on statistics for economics and business.

Matematiksel İktisat Dr. Öğretim Üyesi Mortaza OJAGHLOU

Filiz Kitabevi

Jan 2023

Authored a textbook on mathematical economics.

BİTCOİN İLE BORSA ENDEKSLERİ VE SEÇİLİ FİNANSAL VARLIKLAR ARASINDAKİ UZUN DÖNEM ASİMETRİK İLİŞKİSİ: KIRILGAN BEŞLİ ÜLKELER ÖRNEĞİ

Abant Sosyal Bilimler Dergisi

Jan 2023

Analyzes the long-term asymmetric relationship between Bitcoin, stock market indices, and selected financial assets in fragile five countries.

Urbanization and climate change: Environmental Kuznets Curve (EKC) and STIRPAT analysis for Turkey

Economics and Sociology

Jan 2023

Examines the relationship between urbanization, climate change, and environmental impact using EKC and STIRPAT models for Turkey.

J-Curve Effect under COVID-19: The Case of Turkey-US

Covid-19 Etkisinde İşletmeler, Ekonomiler ve İnsan Kuram ve Uygulama

Mar 2022

Book chapter analyzing the J-Curve effect in trade between Turkey and the US under COVID-19.

Is there a J-curve under COVID-19 effects

China Economic Journal

Jan 2022

Investigates the presence of a J-curve effect in trade under the economic conditions influenced by COVID-19.

MATEMATİKSEL İKTİSAT-I Dr. Öğretim Üyesi Mortaza OJAGHLOU

Filiz Kitabevi

Jan 2022

Authored a textbook on mathematical economics, Part I.

Interest Rate Pass-Through and Transmission Mechanism in Turkey

İşletme ve İktisat Çalışmaları Dergisi

Jan 2022

Examines the interest rate pass-through and transmission mechanism within the Turkish economy.

J-Curve and Impact of Exchange Rate on Bilateral Trade between Turkey and its Two Trading Partners; Germany and the United States

Turkish Online Journal of Qualitative Inquiry (TOJQI)

Jan 2021

Examines the J-Curve effect and the impact of exchange rates on bilateral trade between Turkey, Germany, and the United States.

An Analysis of the Relationship between Inflation and Gold Prices: Evidence from Turkey

Bulletin of Economic Theory and Analysis

Jan 2021

Analyzes the empirical relationship between inflation and gold prices in Turkey.

Turizm ve Sanayisizleşme Süreci: Türkiye Örneği

Sosyal, Beşeri ve İdari Bilimler Dergisi

Jan 2021

Analyzes the process of tourism and deindustrialization in the context of Turkey.

Asymmetric Impact of Exchange Rate to İstanbul Stock Market: A Nonlinear ARDL Approach

Journal of Social and Humanities Sciences Research

Jan 2021

Applies a nonlinear ARDL approach to investigate the asymmetric impact of exchange rates on the Istanbul Stock Market.

Türkiye'de Para Talebi Fonksiyonu ve Faiz Oranının Simetrik Etkisi

IAU.FCPE

Jan 2020

Examines the symmetric effect of the interest rate on the money demand function in Turkey.

Dynamic Effects of Macroeconomic Fundamentals on Stock Market Movements: Evidence from BIST100

Bulletin of Economic Theory and Analysis

Jan 2020

Investigates the dynamic effects of macroeconomic fundamentals on stock market movements for BIST100.

Para Politikası Kararlarının Bıst100'e Etkisinin Yapısal Var Modeli İle Analizi

İktisadi İdari ve Siyasal Araştırmalar Dergisi

Jan 2020

Examines the impact of monetary policy decisions on the BIST100 index using a structural VAR model.

Tourism-Led Growth and Risk of the Dutch Disease: Dutch Disease in Turkey

Canadian Center of Science and Education, International Business Research

Jan 2019

Investigates the tourism-led growth hypothesis and the risk of Dutch Disease in Turkey.

Tourism Sector and Dutch Disease: The Case of Turkey

Current Issues in Economy and Management, Multidisciplinary Perspectives, Internationaler Verlag der Wissenschaften, Peter Lang GmbH

Jan 2019

Book chapter examining the tourism sector and Dutch Disease phenomenon in Turkey.

Languages

Turkish

Fluent

Persian

Fluent

English

Fluent

Arabic

Basic

Skills

Academic Leadership & Administration

Department Management, Curriculum Development, Accreditation Processes, Faculty Coordination, Student Affairs Management, University Governance, International Collaboration, Erasmus+ Partnerships, Strategic Planning, Policy Development.

Economic Research & Analysis

Applied Econometrics, Monetary Policy, Sustainable Development, Linear Time Series Analysis, Nonlinear Time Series Analysis, Non-stationary Time Series Methods, Vector Autoregression, Financial Development, Geopolitical Risk Indices, Market Volatility Modeling, DCC-GARCH Models, Markov Switching Models, Environmental Kuznets Curve (EKC), STIRPAT Analysis, J-Curve Effect, COVID-19 Economic Impact Analysis, Bitcoin and Gold Co-movements, Multivariate BEKK-GARCH Models, Quantitative Analysis, Empirical Analysis.

Data Analysis Software

EViews, Stata, Oximetric, WinRATS.

Higher Education Instruction

Statistics for Economics and Business, Mathematics for Economics and Business, Econometric Methods, Principles of Economics, Thesis Supervision (MSc & PhD), Course Design, Academic Mentoring, Postgraduate Teaching, Undergraduate Teaching.