Kudret Topyan, PHD

Kudret Topyan, PHD

Professor

Department : Economics - Finance

Email : kudret.topyan@manhattan.edu

Phone : 718-862-7886

Office : DLS 442

Education

PHD, CUNY: The Graduate Center
MPHIL, CUNY: The Graduate Center
BS, Middle East Technical Turkey

Publications & Professional Activities

“Risk and Return in Asian Emerging Markets” [Book] (with N. Cakici) Palgrave/Macmillan, Forthcoming.

“Cross-Sectional Stock Return Predictability in China” (with N. Cakici and Kalok Chen), European Journal of Finance, Forthcoming.

“Cross Sectional Return Predictability in Taiwan Stock Exchange: An Empirical Investigation” (with N.Cakici and C.J.Wang) Review of Pacific Basin Financial Markets and Policies, Forthcoming, June 2014.

“The Return Predictability of Turkish Stocks: An Empirical Investigation, (with N.Cakici) Emerging Markets Finance and Trade, September-October 2013, Volume 49, Number 5, pages 99-119.

“The Effect of  Alcoholic Beverage Excise Tax on Alcohol-Attributable Injury Mortalities” (with C.H.Son) European Journal of Health Economics, April 2011, Volume 12, Number 2, pages 103-113.

Review of Stephan Zilliak and Deirdre McCloskey’s The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice, and Lives University of Michigan Press, 2008. Journal of Socio-Economics, March 2009, Volume 38, Issue 2, pages 400-401.

“Understanding Dependence Structures of Random Variables in Financial Modeling by Using Copulas” (with N.Boliari) Global Business & Economics Anthology, December 2007, pages 410-6.

“Accelerated Mortgage Process:  An Analytical Evaluation" (with N.Boliari) International Business & Economics Research Journal, (IBER) August 2006, Volume 5, Number 8, pages 15-6.

“Corporate Governance: A Critical Survey of Key Concepts, Issues and Recent Reforms in the US.” (with A.Murphy) Employee Responsibilities and Rights Journal, AEPP, Volume 17, Number 2, June 2005.

“The GARCH Option Pricing Model: A Lattice Approach.” with N.Cakici; Journal of Computational Finance, Summer 2000, Vol.3, No.4.

“An Empirical Note on Demand for Speculation and Futures Risk Premium: A Kalman Filter Application.”  with A.E. Kocagil; Review of Financial Economics, Fall 1997, Vol.6, N0.1, pp. 77- 93.

"Illicit Drug Use and Health: Analysis and Projections of NYC Birth Outcomes Using a Kalman Filter Model." with N.H.Mocan; Southern Economic Journal, July 95, Vol.62, No.1, pp.164-82.

"International Sanctions and Anti-Apartheid Politics in South Africa: An Empirical Investigation."  with W.H.Kaempfer, A.D.Lowenberg, N.H.Mocan; Journal of Studies in Economics and Econometrics, 1995, Vol.19, No.1, pp. 1-27.

"Real Wages over the Business Cycle: Evidence from a Structural Time Series Model."  with N.Mocan; Oxford Bulletin of Economics and Statistics, Nov. 93, Vol. 55, No.4. 

Other Intellectual Contributions:

  • “Corporate Governance and Control: Yesterday, Today, and Tomorrow – A Critical Survey” Refereed Proceedings of the 11th Annual  International Conference 2003 of the Association on Employment Practices and Principles, October 9-11, 2003, San Diego, CA. Edited by Margaret H. Vickers, University of Western Sydney, pp 145-150.
  • “Equity Accelerator or Else? An Analytical Evaluation of an Unfair Practice” Abstract published in the Proceedings of the 2002 Annual International Conference – October 10-12, New York City, New York, Edited by Margaret H. Vickers, University of Western Sydney, p194.
  • “Volatility Smile Under GARCH” AEPP Proceedings of the Annual International Conference, October 2000; New Orleans, Louisiana. Edited by John P. Keenan St.Bonaventure University.
  • "GARCH versus Constant Volatility: A Comparative Efficiency Analysis."  AEPP Proceedings of the Annual International Conference, October 1999; Niagara Falls, New York. (ISBN 1-878583-64-6)
  • "Illicit Drug Use and Health: Analysis and Projections of NYC Birth Outcomes Using a Kalman Filter Model." with N.Mocan; Working Paper, No.4559, National Bureau of  Economic Research,  1994.               
  • "International Sanctions and Anti-Apartheid Politics in South Africa: An Empirical Investigation.", with  W.H.Kaempfer, A.D.Lowenberg, N.H.Mocan; Appeared as one of the  five papers included in The Use of Economic Sanctions in Trade and Environmental Policy, 1993, Research Memorandum, OCFEB RM 9307, Erasmus University Press,  Rotterdam.

Honors & Awards

Hong Kong Asian Capital Markets Research Prize, 2011 awarded by The Hong Kong Society of Financial Analysts (HKSFA) and CFA Institute. (with Kalok Chan of HKUST, and N.Cakici of Fordham University)

Professional Memberships

AEA - American Economic Association
ASA - American Statistical Association
FMA - Financial Management Association

Courses Taught/Teaching

FIN 301      Principles of Business Finance I
FIN 308      Investments
FIN 340      Corporate Structure and Financing
FIN 470      Finance Independent Study