Asst. Prof. Dr. Gülgün Çiğdem at IERFM

Asst. Prof. Dr. Gülgün Çiğdem, a faculty member of Istanbul Gelisim University (IGU) the School of Applied Sciences the Department of Banking and Insurance, attended the 3rd International Economic Research and Financial Market Congress with her study titled ‘Inflation-Interest Rates Nexus: A Comparative Analysis for Developed and Developing Countries’.

The third International Economic Research and Financial Markets Congress, one of the biggest organizations in the field of finance, was held in Gaziantep hosted by Nişantaşı University and Trakya University. Asst. Prof. Dr. Gülgün Çiğdem attended with her studies contributed to the literature on inflation-interest rate, which constitutes an important agenda item of recent days on behalf of Istanbul Gelisim University in this international organization, which brings together academics, market professionals and financial media working in the field of economics and finance, and questioned the relation between these two variables on the basis of developed and developing countries.

Following her study which determines the bidirectional causality relation between variables and is compelling, Çiğdem pointed out that future studies are important answering the question "what should be the inflation rate will not increase the interest in Turkey and what should be the interest rate will not increase inflation?" in the congress.