Onur Polat
Associate Professor, Department of Public Finance, Bilecik University
Dr. Onur Polat is an Associate Professor in the Department of Public Finance at Bilecik University and a Fellow at the Global Labor Organization. He holds a Ph.D. in Economics from Hacettepe University, an M.Sc. in Financial Mathematics from Middle East Technical University, and a B.Sc. in Mathematics from Hacettepe University. His primary research interests include energy economics, financial stability, and systemic risk, with a focus on volatility connectedness, portfolio optimization, and the economic impacts of oil and energy price shocks. He frequently applies advanced econometric and machine learning methods to his analysis. Dr. Polat has served as a Tubitak Postdoctoral Research Fellow at Universitat Politècnica de València and a Visiting Scholar at Illinois State University. His research has been published in journals such as Energy Economics, Finance Research Letters, and Applied Energy
Areas of Interest:
- Financial Econometrics
- Energy Economics
- Financial Stability & Systemic Risk
- Climate & Environmental Finance
- Combinatorial Optimization
- Heuristics
Education:
- Ph.D., Economics, Hacettepe University, 2012-2017
- M.Sc., Financial Mathematics, Middle East Technical University, 2006-2009
- B.A., Economics, Anadolu University, 2011-2014
- B.Sc., Mathematics, Hacettepe University, 2001-2006
Experience:
- Fellow, Global Labor Organization, 2023–Present
- Associate Professor, Department of Public Finance, Bilecik University, 2020–Present
- Postdoctoral Research Fellow, Department of Applied Statistics and Operational Research, and Quality, Universitat Politècnica de València, 2022–2023
- Part-Time Associate Professor, Department of Economics, Çankaya University, 2021–2022
- Assistant Professor, Department of Public Finance, Bilecik University, 2019–2020
- Lecturer, Department of Economics, Hacettepe University, 2018–2019
- Visiting Scholar, Department of Economics, Illinois State University, 2016–2017
- System Analyst, IT Department, Republic of Turkiye Ministry of Trade, 2008–2019
Latest Publications:
- Polat, O., Somani, D., Gupta, R., & Karmakar, S. (2025). Shortages and machine-learning forecasting of oil returns volatility: 1900–2024. Finance Research Letters, 79, 107334.
- Polat, O., Cunado, J., Cepni, O., & Gupta, R. (2025). Oil price shocks and the connectedness of US state-level financial markets. Energy Economics, 141, 108128.
- Polat, O., Başar, B. D., & Ekşi, İ. H. (2025). Dynamic Interlinkages between the Twitter Uncertainty Index and the Green Bond Market: Evidence from the Covid-19 Pandemic and the Russian-Ukrainian Conflict. Computational Economics, 65(5), 2873-2889.
