Refet S. Gürkaynak is a professor at Bilkent University, Department of Economics. Gürkaynak is also a member of Center for Economic Policy (CEPR, London), Center for Financial Studies (CFS, Frankfurt), CESIfo (Munich) and Science Academy. He directs my Monetary Economics and Fluctuations program at CEPR. After graduating from Ankara College, Gürkaynak received his undergraduate and doctorate degrees in economics from Bilkent and Princeton Universities, and worked as a visiting professor at the Massachusetts Institute of Technology. His research interests are monetary policy, financial markets and macroeconomics in general. His publications on these subjects have been published in the leading international journals of the field. Gürkaynak, who has served as a consultant to many central banks and international institutions, especially the CBRT and ECB, received awards from TÜBA, TÜBİTAK, TC Central Bank and European Central Bank for his work.