Academic Papers:

Ugurlu, E. N., & Razmi, A. (2023). Political Economic Drivers of Real Exchange Rate Levels. Journal of Comparative Economics.

Ugurlu, E. N. (2023).  Sectoral Implications of Policy Induced Household Credit Expansions.  Structural Change and Economic Dynamics

Aboobaker, A., & Ugurlu, E. N. (2023). Weaknesses of MMT as a Guide to Development Policy.  Cambridge Journal of Economics.

Ugurlu, E. N. (2021). Döviz Kuru Politikalarının Ekonomi Politiği (The Political Economy of Real Exchange Rate Policies). Calisma ve Toplum (Labour and Society). 71(4). 

Epstein, G., & Ugurlu, E. N. (2020). Are Bankers Essential Workers? Catalyst Journal, 4(2), 39–87.

Book Chapters:

Ugurlu, E. N., & Epstein, G. (2021). Tracking the Fed’s Response to the Coronavirus Crisis. Not Just the Same Ol’, Same Ol’. In The Coronavirus Crisis Reader (pp. 21–24). Dollars & Sense.

Cömert, H., & Ugurlu, E. N. (2016). The Impacts of the 2008 Global Financial Crisis on Developing Countries. The Case of the 15 Most Affected Countries. In H. Cömert & R. A. McKenzie (Eds.), The Global South after the Crisis. Edward Elgar Publishing.


Ugurlu, E. N., & Epstein, G. (2021). The Public Banking Movement in the US: Networks, Agenda, Initiatives, and Challenges. Political Economy Research Institute Working Papers No. 538.

Work in Progress:

“Using Bank Loan Tendency Surveys to Estimate the Macroeconomic and Sectoral Effects of Consumer Credit Booms.”


“How Do Foreign Bank Entry Affect Credit Allocation? Evidence from an Event Study” (co-authored with Anamika Sen)


"The Effects of Labour Supply Shortages on Investment" (co-authored with Adam Aboobaker)