ASLI LEBLEBICIOĞLU
Austin W. Marxe School of Public and International Affairs, Baruch College, CUNY
One Bernard Baruch Way, Box D901, New York, NY 10010
[email protected]
CURRENT APPOINTMENT
Associate Professor and Marxe Chair in International Economics
Baruch College, CUNY, 2018 – present
EDUCATION
Ph.D., Economics, Boston College, 2005
Dissertation: “Essays on Financial Integration, Volatility and Growth”
M.A., Economics, Boston College, 2002
B.A., Economics, Bogazici University, Istanbul, 2000
PROFESSIONAL EXPERIENCE
Assistant Professor of Economics, University of Texas at Dallas | 2012–2018
Assistant Professor of Economics, North Carolina State University | 2005–2012
Visiting Scholar, Research Department, International Monetary Fund
April 2006, February 2007, April 2008
Lecturer, Boston College | 2004–2005
JOURNAL PUBLICATIONS
“The Not So Uniform Effects of Trade Secret Protection on Business Entry,” with Tanseli Savaser, American Economic Journal: Economic Policy, 2025, 17(4), 192–227.
“Understanding the World Bank’s role in climate finance,” with Ayse Kaya, Climatic Change, 2025, 178(9):160.
“Openness and Factor Shares: Is Globalization Always Bad for Labor?,” with Ariel Weinberger, Journal of International Economics, 2021, 128, 103406.
“Credit and the Labor Share: Evidence from U.S. States,” with Ariel Weinberger, Economic Journal, 2020, 130(630), 1782–1816.
“Trade Liberalization and Investment in Foreign Capital Goods: A Look at the Intensive Margin,” with Ivan Kandilov and Ruchita Manghnani, Emerging Market Finance and Trade, 2019, 1–24.
“Cross-Border Mergers and Acquisitions: The Importance of Local Credit and Source Country Finance,” with Ivan Kandilov and Neviana Petkova, Journal of International Money and Finance, 2017, 70, 288–318.
“The Impact of Multinational Presence on Domestic Investment: Firm-level Evidence from South Korea,” with Kwang Soo Kim, Southern Economic Journal, 2017, 84(2), 525–547.
“Deregulation and Firm Investment: Evidence from the Dismantling of the License System in India,” with Ivan Kandilov and Ruchita Manghnani, Applied Economics Letters, 2017, 24, 1031–1034.
“The Impact of Banking Deregulations on Inward Foreign Direct Investment: Transaction-level Evidence from the United States,” with Ivan Kandilov and Neviana Petkova, Journal of International Economics, 2016, 100, 138–159.
“Financial Flows, Composition of Capital and Growth,” with Jessica Madariaga, IMF Economic Review, 2015, 63, 325–352.
“Trade Liberalization and Investment: Firm-level Evidence from Mexico,” with Ivan Kandilov, World Bank Economic Review, 2012, 26(2).
“A Regime Switching Analysis of Exchange Rate Pass-through,” with Kolver Hernandez, Review of World Economics (Weltwirtschaftliches Archiv), 2012, 148(3), 523–552.
“Economic Development and Heterogeneity in the Great Moderation among the States,” with Thomas Grennes and Pablo Guerron-Quintana, B.E. Journal of Macroeconomics, 2011, 11(1) (Contributions), Article 21.
“The Impact of Exchange Rate Volatility on Plant-level Investment: Evidence from Colombia,” with Ivan Kandilov, Journal of Development Economics, 2011, 94, 220–230.
“Capital Accumulation and Growth: A New Look at the Empirical Evidence,” with Steve Bond and Fabio Schiantarelli, Journal of Applied Econometrics, 2010, 25(7), 1073–1099.
“Economic Development and Volatility among the States,” with Thomas Grennes and Pablo Guerron-Quintana, Economics Bulletin, 2010, 30(3), 1963–1976.
“Financial Integration, Credit Market Imperfections and Consumption Smoothing,” Journal of Economic Dynamics and Control, 2009, 33(2), 377–393.
WORKING PAPERS & WORK IN PROGRESS
“Policy Uncertainty and Foreign Investors’ Entry Mode Choice: Greenfield vs. Cross-border M&A,” with Ayse Kabukcuoglu and Ivan Kandilov (revise and resubmit, Journal of International Economics)
“Trade Secrets Protection and Foreign Investment,” with Ivan Kandilov (second round revision requested, Economic Inquiry)
“The Catalytic Impact of the World Bank’s Climate Finance in Emerging Markets,” with Ayse Kaya
“Vertical Integration and Financial Frictions,” with Ariel Weinberger (in progress)
BOOK CHAPTERS
The World Bank’s Climate Finance as a Global Public Good: Allocation Dynamics, Catalytic & Greening Impacts, with Ayse Kaya (book proposal under review).
“An International Perspective on the Loan Puzzle in Emerging Markets,” with Victor Valcarcel, in Banking and Finance Issues in Emerging Markets, 2018, Series in International Symposia in Economic Theory and Econometrics ISETE (25), edited by William A. Barnett and Bruno S. Sergi. Emerald Press Monograph Series.
“Exchange Rate Volatility and Exports: The Case of Colombia,” with Ivan Kandilov, 2014, in Handbook on Trade and Development, edited by Oliver Morrissey, Ricardo Lopez and Kishor Sharma, Chapter 16. Edward Elgar Publishing.
TEACHING EXPERIENCE
Ph.D. Level
Macroeconomics I (UT Dallas & NCSU); Special Topics in International Economics (UT Dallas)
Master’s Level
Emerging Markets (Baruch College); Trade Policy (Baruch College); International Economics (Baruch College); Global Growth (Baruch College); Global Economics (Executive MBA, UT Dallas; shorter version for Executive Finance Council of Texas Instruments); International Financial Economics (SKEMA Business School)
Undergraduate Level
Economic Growth and Development (UT Dallas); International Finance (UT Dallas); Intermediate Macroeconomics (UT Dallas & NCSU); Principles of Macroeconomics (NCSU & Boston College)
PH.D. SUPERVISION
Dissertation Chair: Kwang Soo Kim (UT Dallas); Jessica Madariaga (NC State); Ziyi Mai (NC State)
Committee Member: Min Wook Han, Ahmed S. Alzahrani, Maryam Arabshahi, Young Jin Choi, Tracy Collins, Chien-Yu Huang, Lei Ji, Sergey Kondyan, Bradley Sturgill, Karine Yenokyan
PRESENTATIONS
2026: Political Economy of Aid and Development Society (scheduled); International Applied Econometrics Meetings (scheduled)
2025: International Applied Econometrics Meetings
2024: Eastern Finance Association Meetings; Econometric Society North American Summer Meetings
2023: American Law and Economics Association Meetings; Midwest Macro Conference
2022: European Law and Economics Association Meetings
2020: FREIT Empirical Trade Online Seminar
2019: University of Central Florida
2018: Baruch College, CUNY
2017: Schar School of Government and Public Policy, George Mason University; Swarthmore College; Globalization and Development Workshop by NOVAFRICA, World Bank and Banco de Portugal; University of Oklahoma; Midwest Macro Conference
2016: American Development Bank Conference on Economic Development, Hong Kong; Conference on Asia and the Global Economy, University of Virginia
2015: University of Texas Austin; Southern Methodist University; DEGIT Conference, Geneva; Southern Economic Association Meetings
2013: Texas A&M University; California State University at Fullerton; Southern Economic Association Meetings
2012: University of Texas at Dallas; Federal Reserve Bank of Dallas; Society of Economic Dynamics Meetings; Midwest Macroeconomic Fall Meetings
2011: Conference on Globalization, Strategies and Effects, Aarhus University, Denmark; Midwest Macroeconomics Conference
2010: International Conference on Computing in Economics and Finance; Hunter College, CUNY
2009: Board of Governors of the Federal Reserve System; University of Delaware; University of North Carolina–Chapel Hill
2008: Southern Economic Association Meetings; The 2008 World Congress on National Accounts and Economic Performance Measures; International Trade and Finance Association Conference
2007: Triangle Econometrics Workshop, NC
2006: University of North Carolina–Chapel Hill; Midwest International Economics Conference; Society of Economic Dynamics Meetings; European Meetings of the Econometric Society
2005: Bank of England; Bogazici University; DIW Berlin; Drexel University; North Carolina State University; Sabanci University; Triangle Econometrics Workshop
2004: European Meeting of the Econometric Society
REFEREE EXPERIENCE
Econometrics Journal, Economia Mexicana, Economic Letters, Emerging Markets Finance and Trade, European Economic Review, International Finance, International Review of Economics and Finance, International Studies Quarterly, Journal of African Economies, Journal of Economic Development, Journal of Economic Dynamics and Control, Journal of International Economics, Journal of International Money and Finance, Journal of Macroeconomics, North American Journal of Economics and Finance, Oxford Bulletin of Economics and Statistics, Research in Economics, Review of Economics and Statistics, Review of International Economics, Review of World Economics, World Development
GRANTS, AWARDS & SCHOLARSHIPS
Teaching Award, School of Economic, Political and Policy Sciences, University of Texas at Dallas | 2015
School of Economic, Political and Policy Sciences Advisory Council Grant, University of Texas at Dallas | 2012
Gill Award, North Carolina State University | Summer 2010
Gill Award, North Carolina State University | Summer 2007
Faculty Research and Professional Development Grant, North Carolina State University | 2006–2007
Dissertation Fellowship Award, Boston College | Spring 2004
Full Scholarship, Department of Economics, Boston College | 2000–2005
SKILLS & ABILITIES
Computing: Matlab, Stata, RATS, LaTeX
Languages: Turkish (native), English (fluent)
PERSONAL INFORMATION
Citizenships: Turkey, U.S.A.
