Ṣebnem Kalemli-Özcan is an economist and the Schreiber Family Professor of Economics at

Brown University Brown University is a Private university, private Ivy League research university in Providence, Rhode Island, United States. It is the List of colonial colleges, seventh-oldest institution of higher education in the US, founded in 1764 as the ' ...

. She is a co-editor of the

Journal of International Economics The ''Journal of International Economics'' is a peer-reviewed academic journal in the field of economics. The journal publishes articles on both theoretical and empirical aspects of international economics. Various topics covered include trade pa ...

, on the board of editors of the

American Economic Review The ''American Economic Review'' is a monthly peer-reviewed academic journal first published by the American Economic Association in 1911. The current editor-in-chief is Erzo FP Luttmer, a professor of economics at Dartmouth College. The journal is ...

, an associate editor of the

Journal of the European Economic Association The ''Journal of the European Economic Association'' is a peer-reviewed academic journal covering all aspects of economics. It was established in 2003 and is published by Wiley-Blackwell on behalf of the European Economic Association. The current m ...

and an associate editor of the ''

Journal of Development Economics The ''Journal of Development Economics'' is a bimonthly peer-reviewed academic journal published by Elsevier. It was established in 1974 and is considered the top field journal in development economics. Its editor-in-chief An editor-in-chief (EIC ...

''. She is a research fellow at the NBER and CEPR.

Education and career

She obtained a bachelor's degree from

Middle East Technical University Middle East Technical University (commonly referred to as METU; in Turkish language, Turkish, ''Orta Doğu Teknik Üniversitesi'', ODTÜ) is a prestigious public university, public Institute of technology, technical university located in Ankara, ...

and her MA and

PhD A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...

from

. In 2007-08 she was a Wim Duisenberg Fellow at the European Central Bank. From 2010 to 2011 she was an advisor to the

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

as Lead Economist for the Middle East and North Africa Region. In 2015, she became the Neil Moskowitz Professor of Economics and Finance at the University of Maryland.

Research

Her research focuses on

international finance International finance (also referred to as international monetary economics or international macroeconomics) is the branch of monetary economics, monetary and macroeconomics, macroeconomic interrelations between two or more countries. Internation ...

economic growth In economics, economic growth is an increase in the quantity and quality of the economic goods and Service (economics), services that a society Production (economics), produces. It can be measured as the increase in the inflation-adjusted Outp ...

and

development economics Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural c ...

. Her works have been cited 12900 times. She studies

foreign direct investment A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based i ...

(FDI) and has given evidence on why capital flow do not go from developed to developing economies. In a 2008 paper with Laura Alfaro and Vadym Volosovych, she found that the quality of institutions were one of the main reasons. Her research has been featured in ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', ''

The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...

'',

Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...

NPR National Public Radio (NPR) is an American public broadcasting organization headquartered in Washington, D.C., with its NPR West headquarters in Culver City, California. It serves as a national Radio syndication, syndicator to a network of more ...

Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician a ...

, and the''

Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...

''.

Selected works

* Alfaro, Laura, Areendam Chanda, Sebnem Kalemli-Ozcan, and Selin Sayek. "FDI and economic growth: the role of local financial markets." Journal of international economics 64, no. 1 (2004): 89–112. * Alfaro, Laura, Sebnem Kalemli-Ozcan, and Vadym Volosovych. "Why doesn't capital flow from rich to poor countries? An empirical investigation." The review of economics and statistics 90, no. 2 (2008): 347–368. * Kalemli-Ozcan, Sebnem, Bent E. Sørensen, and Oved Yosha. "Risk sharing and industrial specialization: Regional and international evidence." American Economic Review 93, no. 3 (2003): 903–918. * Kalemli-Ozcan, Sebnem, Harl E. Ryder, and David N. Weil. "Mortality decline, human capital investment, and economic growth." ''Journal of development economics'' 62, no. 1 (2000): 1-23. * Alfaro, Laura, Areendam Chanda, Sebnem Kalemli-Ozcan, and Selin Sayek. "Does foreign direct investment promote growth? Exploring the role of financial markets on linkages." ''Journal of Development Economics'' 91, no. 2 (2010): 242–256.

Awards and recognition

In 1999, she was nominated Best Young Economist by the Central Bank of Turkey. In 2008, she won a Marie Curie International Reintegration Grant. In 2017–18, she was Houblon Norman Fellow at the

Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one ...

. She is one of the 50 most cited women in economics according to

IDEAS In philosophy and in common usage, an idea (from the Greek word: ἰδέα (idea), meaning 'a form, or a pattern') is the results of thought. Also in philosophy, ideas can also be mental representational images of some object. Many philosophe ...

References

{{DEFAULTSORT:Kalemli-Ozcan, Sebnem Year of birth missing (living people) Living people American women economists University of Maryland, College Park faculty World Bank people Brown University alumni Middle East Technical University alumni Turkish women economists Turkish economists 21st-century American economists 21st-century American women