Personal profile
Research
Research
My research to date concerns the interlinkage between the environment, finance, and global macroeconomics, explored from various vantage points. My current research interests also include green monetary policy, climate and environmental risks, the economics of biodiversity, shadow banking, and green finance.
My future research plan includes advancing the understanding of the financial system's role in fostering the low-carbon transition, providing further insights into how finance can address climate challenges.
Background
I have a Ph.D. in Economics from the University of Siena in Italy, with six years of Econometrics background from my Bachelor’s and Master’s studies at Akdeniz University in Turkey. I also completed another Master’s (MSc) in Economics at the University of Beira Interior, Portugal. Furthermore, during my PhD, I had three periods of visiting research abroad in Portugal, Spain, Canada.
Before joining RUC, I was a postdoctoral researcher at the University of Milan and a lecturer at the Sustainability Management School (SUMAS) in Italy.
Education/Academic qualification
Economics, Ph.D, Joint Doctoral Program in Economics offered by Universities of Florence, Pisa, and Siena
Award Date: 31 Aug 2021
Econometrics, Master's degree, Akdeniz University
Award Date: 22 Dec 2016
Economics, Master's degree, University of Beira Interior
Award Date: 23 Jun 2016
Econometrics, Bachelor's degree, Akdeniz University
Award Date: 29 May 2014
Keywords
- Economics, Politics
- Monetary policy and green central banking
- Money
- Environment, Energy, Nature, Resources
- Climate Change
- Biodiversity
Collaborations and research areas
Research output
- 10 Journal article
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Green Kaldorian growth: A framework for linking manufacturing, innovation, and sustainability
Caglar, A. E., Ulug, M. & Abbas, S., Apr 2026, In: Ecological Economics. 242, 12 p., 108904.Research output: Contribution to journal › Journal article › Research › peer-review
Open AccessFile10 Downloads (Pure) -
Rewiring R&D, clean energy, and the road to net zero: A machine learning analysis for France
Magazzino, C., Caglar, A. E., Ulug, M. & Gattone, T., 1 May 2026, In: Renewable Energy. 263, 13 p., 125240.Research output: Contribution to journal › Journal article › Research › peer-review
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The Role of Business R&D in Environmental Sustainability: Evidence From the Nordic Countries
Caglar, A. E., Ulug, M. & Demirdag, I., 2026, In: Corporate Social Responsibility and Environmental Management. Early view, 18 p.Research output: Contribution to journal › Journal article › Research › peer-review
Open AccessFile6 Downloads (Pure) -
Energy transition under twin shocks: Geopolitical and macrofinancial risks
Ulug, M. & Andrei, R., Nov 2025, In: Energy Economics. 151, 23 p., 108949.Research output: Contribution to journal › Journal article › Research › peer-review
Open AccessFile1 Link opens in a new tab Citation (Scopus)36 Downloads (Pure) -
Germany's sustainable future: How artificial intelligence and energy innovation shape the carbon neutrality roadmap?
Ulug, M., Caglar, A. E., Avci, M. A. & Avci, S. B., 30 Oct 2025, In: Energy. 335, 11 p., 137949.Research output: Contribution to journal › Journal article › Research › peer-review
12 Link opens in a new tab Citations (Scopus)