Semih Üslü joined the Johns Hopkins Carey Business School in 2016. He is an Assistant Professor of Finance in the research track with expertise in the areas of asset pricing, market microstructure, and search theory. Prof. Üslü's research agenda aims to advance our understanding of market liquidity by providing coherent dynamic equilibrium models, which are explicit about the trading frictions that make liquidity relevant for the determination of prices, allocations, and welfare. His existing research explains how heterogeneity in market participants’ various characteristics affect their strategies in bilateral trade in OTC markets, their choice of trading venue, and their optimal inventory and portfolio management. Prof. Üslü is also the recipient of several research awards and was elected to be a member of the Finance Theory Group in 2019.
- Ph. D, Economics, University of California Los Angeles
- MA, Economics, University of California Los Angeles
- BA, Economics, Sabanci University
- "Pricing and Liquidity in Decentralized Asset Markets" Econometrica, Vol. 87 (2019), pp. 2079-2140.
- "A Theory of Participation in OTC and Centralized Markets" (with Jérôme Dugast and Pierre-Olivier Weill), R&R at Review of Economic Studies
- "Liquidity in the Cross Section of OTC Assets" (with Güner Velioğlu)
Honors and distinctions
- 2018 Outstanding Referee Award, Review of Economic Dynamics
- 2018 Dean’s Award for Faculty Excellence, JHU Carey
- 2017 Hakan Orbay Research Award (Best Paper in Microeconomics and Finance), Sabanci SOM
- 2017 Dean's Award for Faculty Excellence, JHU Carey
- 2015-16 Dissertation Year Fellowship, UCLA
- 2015 Welton Prize for Economic Theory (Best Graduate Research Paper), UCLA