June 1, 2008
Hülya K. K. Eraslan
Finance Department
The Wharton School
University of Pennsylvania
Philadelphia, PA 19104-6367
(215) 898-9424 (phone)
(215) 898-6200 (fax)
eraslan@wharton.upenn.edu
The Wharton School
University of Pennsylvania
Philadelphia, PA 19104-6367
(215) 898-9424 (phone)
(215) 898-6200 (fax)
eraslan@wharton.upenn.edu
PERSONAL INFORMATION
Citizenship: Turkey, U.S.
Marital Status: Married, 1 child
EDUCATION
Ph.D. Economics, University of Minnesota, 2001.
M.A. Economics, State University of New York at Buffalo, 1994.
B.S. Computer Engineering and Information Science, Bilkent University, 1991.
EMPLOYMENT HISTORY
2000-present: Assistant Professor, Finance Department, The Wharton School, University of Pennsylvania.
2005-present: Visiting Scholar, Federal Reserve Bank of Philadelphia.
2002-2005: Gilbert and Shelley Harrison Term Assistant Professor, Finance Department, The Wharton School, University of Pennsylvania.
PUBLICATIONS
Journal Publications
1. Hülya Eraslan, “Uniqueness of Stationary Equilibrium Payoffs in the Baron-Ferejohn Model,” Journal of Economic Theory, March 2002, 103, 11-30.
2. Hülya Eraslan and Antonio Merlo, “Majority Rule in a Stochastic Model of Bargaining,” Journal of Economic Theory, March 2002, 103, 31-48.
3. Daniel Diermeier, Hülya Eraslan and Antonio Merlo, “Coalition Governments and Comparative Constitutional Design,” European Economic Review, May 2002, 46, 893-907.
4. Daniel Diermeier, Hülya Eraslan and Antonio Merlo, “A Structural Model of Government Formation,” Econometrica, January 2003, 71, 27-70.
5. Hülya Eraslan and Andrew McLennan, “Strategic Candidacy for Multivalued Voting Procedures,” Journal of Economic Theory, 2004, 117, 29-54.
6. Daniel Diermeier, Hülya Eraslan and Antonio Merlo, “Bicameralism and Government Formation,” Quarterly Journal of Political Science, 2007, 2:3, 227-252.
7. Hülya Eraslan, “Corporate Bankruptcy Reorganizations: Estimates From a Bargaining Model,” International Economic Review, 2008, 49:2, 659-681.
Other Publication
8. Daniel Diermeier, Hülya Eraslan and Antonio Merlo, “The Effects of Constitutions on Coalition Governments in Parliamentary Democracies,” in Roger Congleton and Birgitta Swedenborg (eds.), Democratic Constitutional Design and Public Policy, Analysis and Evidence, Cambridge: MIT Press, 2006, 133-161.
Working Papers
9. Philip Bond and Hülya Eraslan, “Information-Based Trade.”
10. Hülya Eraslan and Bilge Yılmaz, “Deliberation and Security Design in Bankruptcy.”
11. Philip Bond and Hülya Eraslan, “Strategic Voting over Strategic Proposals.”
12. Hülya Eraslan and Andrew McLennan, “Uniqueness of Equilibrium Payoffs in Coalitional Bargaining.”
13. Hülya Eraslan, Wenli Li and Pierre-Daniel Sarte, “The Anatomy of U.S. Personal Bankruptcy under Chapter 13.”
TEACHING AND OTHER ACADEMIC SERVICE
Courses Taught
Advanced Corporate Finance (undergraduate), Topics in Corporate Finance (doctoral), Corporate Restructuring (developed new MBA course).
PhD Comittee member of:
Yoichi Hizen (Economics Ph.D. student now at Graduate School of Economics and Business Administration, Hokkaido University), Yasutora Watanabe (Economics Ph.D. student now at Kellogg School, Northwestern University), Natphorn Chatusripitak (Finance Ph.D. student), Pavel Trisch (Finance Ph.D. student).
Independent study supervision (2001-2002: 3 undergraduate students; 2002-2003: 2 undergraduate students; 1 MBA student; 2003-2004: 2 undergraduate students; 2004-2005: 1 MBA student; 2005-2006: 1 undergraduate student and 1 MBA student; 2006-2007: 2 undergraduate students, 2 MBA students and 1 Wharton Executive MBA student; 2007-2008: 2 MBA students.)
Co-organizer, Micro Finance Seminars, 2000-2001.
Ph.D. admissions committee.
GRANTS AND FELLOWSHIPS
FDIC, Center for Financial Research, 2006, (with Wenli Li and Pierre-Daniel Sarte)
National Science Foundation, Research Grant SES-0213755, 2002-2005 (with Antonio Merlo).
University of Pennsylvania, Rodney L. White Research Center 2001-2002, 2002-2003 (with Bilge Yılmaz), 2004-2005, 2005-2006, 2006-2007, 2007-2008.
National Science Foundation Doctoral Dissertation Grant SES-9986574, 2000-2001.
Graduate School Dissertation Fellowship, University of Minnesota, 1999-2000.
Bilkent University Scholarship, 1987-1991.
SEMINAR AND CONFERENCE PRESENTATIONS
Invited Seminar Presentations
2008: University of California, Berkeley (Institute of Governmental Studies), Stanford University (GSB-Political Economy).
2007: University of Iowa, Rice University, Koç Üniversitesi, Emory University, University of Virginia, University of Western Ontario, Arizona State University, Johns Hopkins University, Michigan State University, University of Virginia (McIntire-Finance), London School of Economics (Finance), Oxford University (Said), London Business School, Southern Methodist University, Federal Reserve Bank of Richmond, Ohio State University, Texas A&M University, Vanderbilt University, University of Miami, Columbia University (Political Science), Rutgers University, Georgetown University, London School of Economics, Bilkent Üniversitesi, Koç Üniversitesi, University of Minnesota, Duke University.
2006: Australian National University, University of Melbourne, California Institute of Technology, University of Mannheim (Finance), Université de Montréal.
2005: Oxford Summer Finance Symposium, Baruch College (Finance), Northwestern University (Kellogg-MEDS).
2004: Koç Üniversitesi, New York University.
2003: University of Wisconsin-Madison (Finance).
2002: Carnegie Mellon University, Lehigh University, McGill University, Instituto Tecnológico Autónomo de México.
2001: Southern Methodist University, Boğaziçi Üniversitesi.
2000: Northwestern University (Kellogg-Finance), Rutgers University, University of Pennsylvania (Wharton-Finance), University of Rochester, University of Wisconsin-Madison, London School of Economics, Boston University, University of California-Santa Cruz, University of Pennsylvania, California Institute of Technology, Harvard University (HBS-Strategy), Ohio State University.
1999: University of Pittsburgh.
1998: Northwestern University (Kellogg-MEDS).
Conference Presentations
7th Oxford Financial Research Summer Symposium, Oxford, United Kingdom, June 2008.
2008 NSF/NBER/CEME Decentralization Conference, New Orleans, Louisiana, April 2008.
2007 PIER Conference on Political Economy, Philadelphia, Pennsylvania, September 2007.
CEPR/Studienzentrum European Summer Symposium in Economic Theory, Gerzensee, Switzerland, July 2007.
2007 Meetings of the Society for Economic Dynamics, Prague, Czech Republic, June 2007.
The Society for the Advancement of Economic Theory, Kos, Greece, June 2007.
Workshop on “Private and Public Resolutions of Financial Distress,” Vienna, Austria, June 2007.
13th Annual Conference of the W. Allen Wallis Institute of Political Economy, University of Rochester, New York, October 2006.
Summer Workshop in Economic Theory, Koç University, Istanbul, Turkey, July 2006.
European Financial Management Association, Madrid, Spain, June 2006.
2006 NSF/NBER/CEME Decentralization Conference, Paris, France, April 2006.
Frontiers of Finance Conference, Bonaire, Bonaire, The Netherlands Antilles, January 2006.
CEPR/Studienzentrum European Summer Symposium in Financial Markets (evening), Gerzensee, Switzerland, July 2005.
4th Oxford Financial Research Summer Symposium, Oxford, United Kingdom, June 2005.
Financial Intermediation Research Society Conference on Banking, Insurance and Intermediation, Italy, May 2004.
2004 NSF/NBER/CEME Decentralization Conference, Durham, North Carolina, April 2004.
2003 Econometric Society North American Summer Meetings (invited session), Evanston, Illinois, June 2003.
4th International Public Economic Theory Conference (invited session), Durham, North Carolina, June 2003.
2002 Meetings of the Society for Economic Dynamics, New York, New York, June 2002.
Middle East Technical University International Conference in Economics, Ankara, Turkey, September 2001.
2001 Meetings of the Society for Economic Dynamics, Stockholm, Sweden, June 2001.
2001 Annual Meetings of the Western Finance Association, Tucson, Arizona, June 2001.
58th Annual National Meeting of the Midwest Political Science Association, Chicago, Illinois, April 2000.
International Conference on Game Theory, Stony Brook, New York, July 1999.
North American Summer Meetings of the Econometric Society, Madison, Wisconsin, June 1999.
Public Choice Society Meeting, New Orleans, Louisiana, March 1999.
Middle East Technical University International Conference in Economics, Ankara, Turkey, September 1998.
Midwest Economic Theory Meeting, East Lansing, Michigan, May 1998.
OTHER SERVICE TO THE PROFESSION
Organizer of:
“Debt Restructuring” session in American Economic Association Conference January 2007.
“Bankruptcy and Restructuring Regulations” session in Conference in Tribute to Jean-Jacques Laffont (with Philip Bond) July 2005.
Conference on “Financial Distress, Bankruptcy and Corporate Restructuring,” (with Bilge Yılmaz ) May 2005.
Program Committee Member of:
Financial Intermediation Research Society Conference on Banking, Corporate Finance and Intermediation, 2008, 2006, 2004; Meetings of the Society for Social Choice and Welfare, 2008
Discussions at Conferences
“On the Faustian Dynamics of Policy and Political Power,” by Jinhui Bai and Roger Lagunoff, Princeton Conference on Dynamic Political Economy, Princeton, New Jersey, April 2008.
“Optimal Resolutions of Financial Distress by Contract,” by Nicola Gennaioli and Stefano Rossi, the Conference on Financial Contracting: Theory and Evidence, Mannheim, Germany, April 2007.
“Price Setting in Equity Markets with Divergent Expectations and Adaptive Valuations,” by Jacob Paroush, Robert Schwartz, and Avner Wolf, Middle Atlantic Research Conference in Finance, Philadelphia, Pennsylvania, March 2007.
“Corporate Bonds: A Spare Tire in Emerging Markets?” by Todd Gormley, Simon Johnson and Changyong Rhee, Third MTS Conference on Financial Markets, Istanbul, Turkey, July 2006.
“The Costs of Bankruptcy” by Arturo Bris, Ivo Welch and Ning Zhu, 31st Annual Meeting of the European Financial Association, Maastricht, Netherlands, August 2004.
“Bargaining Foundations of the Median Voter Theorem” by Seok-Ju Cho and John Duggan, 10th Annual Conference of the W. Allen Wallis Institute of Political Economy, University of Rochester, New York, October 2003.
“Voter Turnout: Theory and Evidence from Texas Liquor Referanda” by Stephen Coate and Mike Conlin, 2003 American Economic Association Meetings Washington, D.C, January 2003.
“Strategic Candidacy and Voting Procedures” by Bhaskar Dutta, Matthew Jackson, and Michel Le Breton, 6th Annual Conference of the W. Allen Wallis Institute of Political Economy, University of Rochester, New York, October 1999.
“Collateral vs. Project Screening: A Model of Lazy Banks” by Michael Manove, A. Jorge Padilla and Marco Pagano, Center for Comparative Political Economy Conference on Political Economy of Contractual Obligations: The Case of Bankruptcy Law, UCLA Lake Arrowhead Conference Center, California, April 1999.
External Examiner of Doctoral Dissertation
Yuelan Chen (2008), University of Melbourne
Referee
American Economic Review, American Political Science Review, Econometrica, Economic Journal, Economic Theory, Economics Bulletin, Economics and Politics, European Journal of Political Science, Games and Economic Behavior, International Economic Review, International Journal of Game Theory, Journal of Applied Econometrics, Journal of Economic Theory, Journal of the European Economic Association, Journal of Finance, Journal of Financial Intermediation, Journal of Political Economy, Journal of Public Economic Theory, Journal of Public Economics, Journal of Restructuring Finance, Management Science, National Science Foundation, Quarterly Review of Economics and Finance, Quarterly Journal of Political Science, Review of Economic Studies, Review of Financial Studies.