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Professor Engin Kara
Professor of Economics
- KaraE1@cardiff.ac.uk
- +44 29208 75056
- Aberconway Building, Room Room B29, Colum Road, Cathays, Cardiff, CF10 3EU
Overview
Engin Kara is a professor in macroeconomics at Cardiff University. He has worked on various macroeconomic issues and has published in top journals in macroeconomics, including the Journal of Monetary Economics and Journal of Money, Credit and Banking. Professor Kara completed his Ph.D. in Economics at the University of York. His first academic appointment was at the Birmingham University, after which he worked at Bristol University, Exeter University and the Central Bank of Belgium.
Publication
2023
- Kara, E. 2023. Unemployment volatility in a generalised staggered Nash wage bargaining framework. Canadian Journal of Economics
2022
- Cooke, D. and Kara, E. 2022. The role of heterogeneity in price rigidities for delayed nominal exchange rate overshooting. Journal of International Money and Finance 120, article number: 102541. (10.1016/j.jimonfin.2021.102541)
2021
- Kara, E. and Yates, T. 2021. A case against a four percent inflation target. Journal of Money, Credit and Banking 53(5), pp. 1097-1119. (10.1111/jmcb.12765)
2020
- Kara, E. and Pirzada, A. 2020. A possible explanation of the missing deflation puzzle. Economic Inquiry 58(1), pp. 361-373. (10.1111/ecin.12839)
2018
- Kara, E. and Sin, J. 2018. The fiscal multiplier in a liquidity-constrained New Keynesian economy. Scandinavian Journal of Economics 120(1), pp. 93-123. (10.1111/sjoe.12208)
- Kara, E. and von Thadden, L. 2018. Interest rate effects of demographic changes in a new Keynesian life-cycle framework. Macroeconomic Dynamics 20(1), pp. 120-164. (10.1017/S1365100514000273)
2017
- Kara, E. 2017. Does US monetary policy respond to oil and food prices?. Journal of International Money and Finance 72, pp. 118-126. (10.1016/j.jimonfin.2016.12.004)
2015
- Kara, E. 2015. The reset inflation puzzle and the heterogeneity in price stickiness. Journal of Monetary Economics 76, pp. 29-37. (10.1016/j.jmoneco.2015.07.002)
Articles
- Kara, E. 2023. Unemployment volatility in a generalised staggered Nash wage bargaining framework. Canadian Journal of Economics
- Cooke, D. and Kara, E. 2022. The role of heterogeneity in price rigidities for delayed nominal exchange rate overshooting. Journal of International Money and Finance 120, article number: 102541. (10.1016/j.jimonfin.2021.102541)
- Kara, E. and Yates, T. 2021. A case against a four percent inflation target. Journal of Money, Credit and Banking 53(5), pp. 1097-1119. (10.1111/jmcb.12765)
- Kara, E. and Pirzada, A. 2020. A possible explanation of the missing deflation puzzle. Economic Inquiry 58(1), pp. 361-373. (10.1111/ecin.12839)
- Kara, E. and Sin, J. 2018. The fiscal multiplier in a liquidity-constrained New Keynesian economy. Scandinavian Journal of Economics 120(1), pp. 93-123. (10.1111/sjoe.12208)
- Kara, E. and von Thadden, L. 2018. Interest rate effects of demographic changes in a new Keynesian life-cycle framework. Macroeconomic Dynamics 20(1), pp. 120-164. (10.1017/S1365100514000273)
- Kara, E. 2017. Does US monetary policy respond to oil and food prices?. Journal of International Money and Finance 72, pp. 118-126. (10.1016/j.jimonfin.2016.12.004)
- Kara, E. 2015. The reset inflation puzzle and the heterogeneity in price stickiness. Journal of Monetary Economics 76, pp. 29-37. (10.1016/j.jmoneco.2015.07.002)
Research
Proferssor Kara's main research interests are models of sticky prices, heterogeneity in price stickiness, the study of optimal monetary fiscal policy, trend inflation and macroeconomics of ageing population.
Teaching
1. The Contemporary Economic Issues
This module provides the opportunity for year 1 students to apply many of the theoretical ideas the students are already familiar with, and which are reintroduced in the core Macroeconomic courses to a variety of policy issues.
2. Macroeconomic Analysis
This is a third year modulde that provide students with a thorough understanding of the method, content and scope of macroeconomic theory.
3. Mres Monetary Economics
This course will cover a variety of topics in monetary economics using New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models.