Ali M. Kutan
Emeritus Distinguished Research Professor of Economics and Finance, Southern Illinois University
Ali M. Kutan is a Distinguished Research Professor of Economics and Finance at Southern Illinois University at Edwardsville. He received his Ph.D in Economics from Arizona State University. His research interests include international finance, financial markets and institutions, and financial aspects of economic development. He has published extensively in peer review economics and finance journals. His research is supported through several agencies, including The British Council, The National Council for Eurasian and East European Research, the U.S. Department of Education, and the William Davidson of Institute of the University of Michigan Business School. He was a visiting scholar at the Economic Research Department of the Federal Reserve Bank of St. Louis. He served as the Director of Research and Development of the Society for the Study of Emerging Markets. He was a consultant to the World Bank, Asian Development Bank, US Commerce Department, and private companies. He is the editor of Borsa Istanbul Review (SSCI) and co-editor of Economic Systems (SSCI). He is the former editor of Emerging Markets Finance and Trade (SSCI)and Comparative Economic Studies. Dr. Kutan has significant experience in editing Social Science Citation Index (SSCI) journals. He played an instrumental role in making Borsa Istanbul Review and Economic Systems accepted into SSCI.
Areas of Interest:
- Economic Development and Policy
- International Finance and Trade
- Macroeconomics and Monetary Economics
- Financial Markets and Institutions
Education:
- Ph.D., Arizona State University, Economics (1990)
- M.A., Florida Atlantic University, Economics (1984)
- B.S., Faculty of Economics, Istanbul University, Economics (1982)
Experience:
- Director of Research and Development, Society for the Study of Emerging Markets, Jan 2020-Jan 2023.
- Emeritus Distinguished Research Professor of Economics and Finance, Southern Illinois University Edwardsville, July 2019 – Present.
- Distinguished Research Professor of Economics and Finance, Southern Illinois University Edwardsville, 2016 April – Present.
- Professor of Economics, Southern Illinois University Edwardsville, 2001 – 2019 June.
- Professor of Economics, Southern Illinois University Edwardsville, 2001 – present.
- Graduate Program Director, Department of Economics and Finance, Southern Illinois University Edwardsville, 2006– 2012.
- Associate Professor of Economics, Southern Illinois University Edwardsville, 1995 – 2001.
- Assistant Professor of Economics, Southern Illinois University Edwardsville, 1991 – 1994.
- Visiting Assistant Professor of Economics, Arizona State University, 1990 – 1991.
Latest Publications:
- Your fear is (partly) mine: the role of non-VIX volatility in forecasting regional stock market volatility using interpretable machine learning (with Lingbing Feng and Jingyi Shi), Journal of International Money and Finance, January 2026
- Banking sector competition and firms’ financial constraints: Firm-Level evidence from developing economies (with Habib Hussain Khan), Journal of International Financial Markets, Institutions and Money, Volume 88, October 2023, 101848.
- COVID-19 Pandemic and Enterprise Financial Performance: Aggregate, Regional, and Sectoral Evidence from Poland (with Pawel Gajewski), Eastern European Economics, 2023, 61(5), 491–516.
