CV
Emrah Hanifi Fırat
EDUCATION
2009 --
PhD Programmme (Doctorate) – Statistics PhD Programme at Fırat
University
2006 – 2009
MSc Programme (Master) - I graduted from the Statistics Master
Programme at Fırat University. (date of graduation: August 2009)
Master Thesis
The econometric investigation of the major central banks (TCMB, FED,
ECB, BOJ) concerning with dynamic monetary policy reaction function
1999 –2002
Bachelor of Econometrics - I graduated from the Econometrics Department
of Inonu University, the Faculty of Economics and Administrative Sciences
with a degree. (date of graduation: July 2002).
1996 – 1998
High School - Elazig-Mehmet Akif Ersoy High School (majored in science )
AWARDS & HONOURS
2002 - Inonu University (Department of Econometrics) - The Honour Certificate (Bachelor
Degree)
CERTIFICATES
ACHIEVEMENT CERTIFICATE: Inonu University – 2nd of Econometrics Department
PARTICIPATION CERTIFICATE : T.C. Undersecretariat of The Prime Ministry for Foreign
Trade – Export Promotion Center Foreign Trade Education Programme (2006).
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PARTICIPATION CERTIFICATE: Middle East Technical University (METU) Summer School
2007, “New advances in statistics” (Module: “Time Series Analysis / Panel Data Analysis”)
PARTICIPATION CERTIFICATE: 19 Mayıs University , Departmant of Statistics (6. İstatistik
Günleri Sempozyumu, 2008, August 28 - 30)
MASTER THESIS
ABSTRACT
Master Thesis
THE ECONOMETRIC INVESTIGATION OF THE MAJOR CENTRAL BANKS (TCMB,
FED,
ECB, BOJ) CONCERNING WITH DYNAMIC MONETARY POLICY REACTION
FUNCTION
Emrah Hanifi FIRAT
Fırat University
Faculty of Arts and Sciences
Department of Statistics
2009, Page: IX+43
The purpose of this thesis is to derive and estimate the monetary policy reaction function for
major central banks (Federal Reserve Bank, European Central Bank, Bank of Japan and Central Bank
of The Republic of Turkey). The data is over the time period 1980 – 2007. The construction of an
econometric model requires an artful combination econometrics, statistics and economics. Firstly, we
investigated organizational frameworks of central banks, after, we emphasized economic basis
concerning with variables (the interest rates, the inflation rates, the expected inflation, the inflation
targeting, etc.). Afterwards, we explained statistical (or econometric) techniques concerning with work
paper in question. Consequently, in this paper, we obtained a conclusion which the nominal interest
rates of the central banks depended on the nominal interest rates (t-1) and the inflation rates (t).
Especially, we can easily say that the interest rates for European Central Bank highly depend on the
nominal interest rates (t-1) and the inflation rates (t) in this work paper.
Keywords: Monetary policy, central banks, the expected inflation, the inflation targeting, the
monetary policy reaction functions, dynamic econometric models.
SELECTED WORKING PAPERS
A Work Multivariate Analysis of Variance (Mustafa TAŞKIN, Haluk KEJANLI, E. Hanifi FIRAT,
Uğur ÇALIGÜLÜ) “Fırat Üniversitesi - Fen ve Mühendislik Bilimleri Dergisi”
The Investigation From The Point of View Statistic of Microhardness Values According to
Temperature and Duration on the Wear Behaviours of Aged Aluminium 2xxx and 6xxx Alloys
Ahmet Meyveci, İsmail Karacan, E. Hanifi FIRAT, Uğur Çalıgülü, Hülya Durmuş. (Article Number:
2A0004) – (NEW WORLD SCIENCES ACADEMY - e-Journal of New World Sciences Academy)
(Uluslararası Hakemli E-Dergi)
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The investigatıon of shear strength values in terms of temperature, duration and interlayer on the
diffusion bonding of Ni-Ti-Cu alloys manufactured by powder metallurgy method according to
statistics - Haluk Kejanlı, Uğur Çalıgülü, Mustafa Taşkın ve Emrah Hanifi Fırat) (Article Number:
2A0010) – (NEW WORLD SCIENCES ACADEMY - e-Journal of New World Sciences Academy)
(Uluslararası Hakemli E-Dergi)
ACTIVITIES
Participant: Middle East Technical University (METU) Summer School 2007, “New advances in
statistics” (Module: “Time Series Analysis / Panel Data Analysis”)
Participant: T.C. Undersecretariat of The Prime Ministry for Foreign Trade – Export Promotion
Center Foreign Trade Education Programme (2006).
Lecturer: Master Seminar – “Major Merkez Bankaları (CBTR, BOJ, FED, ECB) ve Para Politikası
Reaksiyon Fonksiyonu Kapsamında Amerikan Merkez Bankasının (FED) Karakteristiğinin
İncelenmesi” – (2008)
Participant: 19 Mayıs University , Departmant of Statistics (6. İstatistik Günleri Sempozyumu, 2008,
August 28 - 30)
LANGUAGES
Turkish, English
COMPUTER SKILLS
SPSS 17, SAS, STATA 10.0, E – view, TORA Optimisation System, Minitab,Office Programs (Word,
Excel, Power Point)
REFERENCES
Associate Professor Dr. Nurhan Halisdemir
Department of Statistics
Firat University
Elazig, Turkey
Telephone : + 90 424 237 0000
Assistant Professor Dr. Mahmut Işık
Department of Statistics
Firat University
Elaziğ, Turkey
Telephone: +90 424 237 0000
E-mail : ---
E-mail
: [email protected]
Some Courses Taken (in MSc - Statistics)
IST 502Analysis of Variance and Experimental Designs (3 0 3)
Introduction to experimental designs; data analysis with linear statistical models; one-way analysis of
variance; completely randomized block designs; latin square type designs; cross classifications or twoway analysis of variance; factorial experiments; estimation and tests; incomplete block designs.
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Reference
Rencher, A. C. (2000), Linear Models in Statistics, Wiley and Sons Inc., New York.
Montgomery, D. C. (1991) Design and analysis of experiments, Wiley, New York.
Hinkelman, K. And Kemptorne, O. (1994) Design and analysis of experiments, Wiley, New York.
IST503Theory of Probability (3 0 3)
Random variables and their distributions; conditional distribution and stochastic independence; joint,
marjinal and conditional distributions; distributions of functions of random variables; distribution of
order statistics; expectation of functions of random variables; moment generating function; limiting
distributions; stochastic convergence; central limit theorem.
Reference
Hogg, R. V., Craig, A.T. (1995) Introduction to Mathematical Statistics Prentice – Hall, Inc., New
Jersey .
Freund, J. E. And Walpole, R.E. (1980) Mathematical Statistics,Prentice –Hall.
IST 516 Data Analysis and Regression (3 0 3)
Graphical representation of quantitative variables; graphical methods for dispersion of data; graphical
method for multivariate case; comparison of group means; data description methods; model fit to data;
regression models; curve fit to data.
Reference
Samprit Chatterjee, Ali S. Hadi, Bertram Price (1999). Regression Analysis by Example, WileyInterscience; 3rd edition.
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