OĞUZ ERSAN

Associate Professor
 OĞUZ ERSAN

B BLOK 2. KAT 325

+90 (212) 533 65 32 / 1656

oguzersan@khas.edu.tr

CV

Google Scholar

ORCID

Education

Doctorate

YEDITEPE UNIVERSITY
Financial Economics

Master's Degree

STOCKHOLM SCHOOL OF ECONOMICS
International Economics and Finance

Bachelor's Degree

SABANCI UNIVERSITY
Economics

Research Areas

  • Market Microstructure
  • Behavioral Finance
  • Informed Trading
  • High-frequency Trading and other Algorithmic Trading
  • Big Data Analysis

Work Experience

2023 / Continuing International Trade and Finance Department, Economics, Administrative and Social Sciences Faculty, Kadir Has University
Assoc. Prof.

2020 / 2023 International Trade and Finance Department, Economics, Administrative and Social Sciences Faculty, Kadir Has University
Assist. Prof.

2018 / 2020 Department of Accounting and Financial Management, Faculty of Management, Kadir Has University
Assist. Prof.

Administrative Duties

Görev Adı Görev Yeri Başlangıç tarihi Bitiş Tarihi
Double Major and Minor Coordinator Faculty of Economics, Administrative and Social Sciences, International Trade and Finance Department 01.02.2024
Erasmus Coordinator Faculty of Economics, Administrative and Social Sciences, International Trade and Finance Department 01.09.2022

Publications

  • "Estimation of the probability of informed trading models via an expectation-conditional maximization algorithm",
    Ghachem, Montasser; Ersan, Oguz; , Financial Innovation, (2025) Vol.11, No.1, DOI: 10.1186/s40854-024-00729-w
  • "Detecting and date-stamping bubbles in fan tokens",
    Assaf, Ata; Demir, Ender; Ersan, Oguz; , International Review of Economics and Finance, (2024) Vol.92, 98-113 DOI: 10.1016/j.iref.2024.01.039
  • "Impact of the COVID-19 Market Turmoil on Investor Behavior: A Panel VAR Study of Bank Stocks in Borsa Istanbul",
    Ekinci, Cumhur; Ersan, Oğuz; , International Journal of Financial Studies, (2024) Vol.12, No.1, DOI: 10.3390/ijfs12010014
  • "What drives the return and volatility spillover between DeFis and cryptocurrencies?",
    Assaf, Ata; Demir, Ender; Ersan, Oguz; , International Journal of Finance and Economics, (2024) DOI: 10.1002/ijfe.2969
  • "Identifying Information Types in the Estimation of Informed Trading: An Improved Algorithm",
    Ersan, Oguz; Ghachem, Montasser; , Journal of Risk and Financial Management, (2024) Vol.17, No.9, DOI: 10.3390/jrfm17090409
  • "PINstimation: An R Package for Estimating Probability of Informed Trading Models",
    Ghachem, Montasser; Ersan, Oguz; , R Journal, (2023) Vol.15, No.2, 145-168 DOI: 10.32614/RJ-2023-044
  • "Where do tourism tokens travel to and from?",
    Aharon, David Y.; Demir, Ender; Ersan, Oguz; , Current Issues in Tourism, (2023) DOI: 10.1080/13683500.2023.2237169
  • "Are Fan Tokens Fan Tokens?",
    Demir, Ender; Ersan, Oguz; Popesko, Boris; , Finance Research Letters, (2022) Vol.47, DOI: 10.1016/j.frl.2022.102736
  • "High-frequency trading and market quality: The case of a “slightly exposed” market",
    Ekinci, Cumhur; Ersan, Oğuz; , International Review of Financial Analysis, (2022) Vol.79, DOI: 10.1016/j.irfa.2021.102004
  • "Connectedness among fan tokens and stocks of football clubs",
    Ersan, Oguz; Demir, Ender; Assaf, Ata; , Research in International Business and Finance, (2022) Vol.63, DOI: 10.1016/j.ribaf.2022.101780
  • "The speed of stock price adjustment to corporate announcements: Insights from Turkey",
    Ersan, Oguz; Simsir, Serif Aziz; Simsek, Koray D.; Hasan, Afan; , Emerging Markets Review, (2021) Vol.47, DOI: 10.1016/j.ememar.2020.100778
  • "Daily and Intraday Herding within Different Types of Investors in Borsa Istanbul",
    Dalgıç, Nihan; Ekinci, Cumhur; Ersan, Oğuz; , Emerging Markets Finance and Trade, (2021) Vol.57, No.6, 1793-1810 DOI: 10.1080/1540496X.2019.1641082
  • "Economic policy uncertainty and bank credit growth: Evidence from European banks",
    Danisman, Gamze Ozturk; Ersan, Oguz; Demir, Ender; , Journal of Multinational Financial Management, (2020) Vol.57-58, DOI: 10.1016/j.mulfin.2020.100653
  • "The effect of European and global uncertainty on stock returns of travel and leisure companies",
    Ersan, Oguz; Akron, Sagi; Demir, Ender; , Tourism Economics, (2019) Vol.25, No.1, 51-66 DOI: 10.1177/1354816618792398
  • "The impact of economic policy uncertainty on stock returns of Turkish tourism companies",
    Demir, Ender; Ersan, Oguz; , Current Issues in Tourism, (2018) Vol.21, No.8, 847-855 DOI: 10.1080/13683500.2016.1217195
  • "A new approach for detecting high-frequency trading from order and trade data",
    Ekinci, Cumhur; Ersan, Oguz; , Finance Research Letters, (2018) Vol.24, 199-220 DOI: 10.1016/j.frl.2017.09.020
  • "Economic policy uncertainty and cash holdings: Evidence from BRIC countries",
    Demir, Ender; Ersan, Oguz; , Emerging Markets Review, (2017) Vol.33, 189-200 DOI: 10.1016/j.ememar.2017.08.001
  • "When stock market investors breathe polluted air"
    , Demir, Ender; Ersan, Oguz; , Eurasian Studies in Business and Economics, , Springer Science and Business Media B.V. (2016)
  • "Algorithmic and high-frequency trading in Borsa Istanbul",
    Ersan, Oguz; Ekinci, Cumhur; , Borsa Istanbul Review, (2016) Vol.16, No.4, 233-248 DOI: 10.1016/j.bir.2016.09.005
  • "An unbiased computation methodology for estimating the probability of informed trading (PIN)",
    Ersan, Oguz; Alıcı, Aslı; , Journal of International Financial Markets, Institutions and Money, (2016) Vol.43, 74-94 DOI: 10.1016/j.intfin.2016.04.001

Projects

Project Name Role in the Project Project Type Fund Establishment Start Date End Date
"Depremlerin finansal karar alma üzerindeki etkileri" Yürütücü Ulusal Proje TÜBİTAK ARDEB 01.02.2022
 01.02.2025
"Finansal Piyasalardaki Özel Bilgi Kaynaklı Işlem Olasılığı Modellerinin Tahminine Yönelik İyileştirmeler" Yürütücü Ulusal Proje TÜBİTAK ARDEB 01.10.2022
 01.10.2023
"Yüksek-frekanslı işlemlerin (HFT) piyasa mekanizmaları, piyasa aktörleri ve sosyal refahüzerindeki etkilerinin ortaya konması ile detaylı bir HFT yönetim planı oluşturulması" Yürütücü Ulusal Proje TÜBİTAK ARDEB 01.11.2019
 01.05.2022

Courses Offered

Course Name Course Code Period
Financial Data and Analysis in R ITF420 2024/25 Spring
Economics for Engineers FENS310 2024/25 Spring
Foundations of Finance ITF202 2024/25 Spring
Behavioural Finance FB638 2024/25 Fall