Professor Özlem Onaran

Professor Özlem Onaran

Professor Özlem Onaran

Professor Özlem Onaran

Professor of Economics, Director of Greenwich Political Economy Research Centre

Department of International Business and Economics

Business School

Biography

Özlem Onaran is Professor of Economics at the University of Greenwich and the director of the Greenwich Political Economy Research Centre. She has done extensive research on issues of inequality, wage-led growth, employment, globalization, gender, and crises. She has directed research projects for the International Labour Organisation, the Institute for New Economic Thinking, the Foundation of European Progressive Studies, the Vienna Chamber of Labour, the Austrian Science Foundation, and Unions21. She is member of the Scientific Committee of the Foundation of European Progressive Studies, Scientific Advisory Board of Hans Boeckler Foundation, and the Policy Advisory Group of the Women's Budget Group. She has more than seventy articles in books and peer reviewed journals such as Cambridge Journal of Economics, World Development, Environment and Planning A, Public Choice, Economic Inquiry, European Journal of Industrial Relations, International Review of Applied Economics, Structural Change and Economic Dynamics, Eastern European Economics, and Review of Political Economy.

Before joining the University of Greenwich in 2012, Özlem has worked at several universities including the University of Westminster, the University of Applied Sciences-Berlin, Vienna University of Economics and Business, and Istanbul Technical University.

Teaching and administrative activities

  • Director of Greenwich Political Economy Research Centre
  • International Macroeconomics, MSc Business and Financial Economics, Course Leader
  • Dissertations Workshop, MSc Business and Financial Economics
  • Labour Economics, BSc Economics, Course Leader
  • MPhil/PhD supervision

MPhil/PhD supervision

  • 1st Supervisor, Thomas Obst, The interaction of income distribution, aggregate demand and economic growth in the context of European imbalances, 2013-, University of Greenwich
  • 1st Supervisor, Shanaz Sumra, Prospects for growth with equality in sub-Saharan Africa in the age of globalization, 2013-, University of Greenwich
  • 1st Supervisor, Daniele Tori, The Effects of Financialisation on Growth and Distribution, 2013-, University of Greenwich
  • 1st Supervisor, Evrydiki Fotopoulou, The role of gender equality in sustainable development strategy, 2014-, University of Greenwich
  • 1st Supervisor, Alexander Guschanski, "The causes of falling wage share and prospects for growth with equality in a globalized economy" 2015-, University of Greenwich
  • 2nd supervisor, (with Dr. Hawkes), Sridevi Yerrabati, "FDI and Corporate Governance in Middle Income Countries", 2012-2014, University of Greenwich
  • 3rd supervisor, (with Professor Greer), Maria Mantynen, "Reining in the European Welfare State – the Case of Finland", 2013-, University of Greenwich
  • Excellence in Research Award, University of Greenwich, Faculty of Business, 2015  
  • October 2005 Dr. Heinz-Kienzl Prize, Austrian National Bank (€20000)
  • May 2004 Young Economist Award, Austrian Economic Association (€700)
  • May 2004 Academy of Science of Turkey, Young Scientist Award (€1500)
  • Feb–Dec 2000 Post-Doctoral Research Grant, Istanbul Technical University ($12000)
  • Member of the Scientific Committee of the Foundation of European Progressive Studies
  • Member of the Debt Truth Committee of the Hellenic Parliament
  • Associate editor, Competition and Change
  • Member of the Editorial Board, European Journal of Economics and Economic Policies
  • Member of the Scientific Advisory Board of the Hans Boeckler Foundation, 2014-
  • Member of the Policy Advisory Group of the Women's Budget Group, UK, December 2013-
  • Member of the Coordinating Committee of the Research Network Macroeconomics and Macroeconomic Policies, 2009-present
  • Member of the Organizing Committee of the Post-Keynesian Study Group, 2012-
  • Research Associate of the Political Economy Research Institute, University of Massachusetts, 2007-present
  • Fellow of the Global Labour University, 2010-present
  • Research Fellow of the Economic Research Forum for Arab Countries, Iran and Turkey, 2011-present
  • Member of Economists for Rational Economic Policies (EREP)

Özlem Onaran's research areas include globalization, crisis, income distribution, wage-led growth, employment, investment, development, and gender. Özlem's research has recently focused on five issues:

(1) the interaction of income distribution, demand, and growth,

(2) financial crises and distributional consequences,

(3) the effects of international trade and foreign direct investment on wages, employment, and investment,

(4) the gender effects of international trade and economic crisis,

(5) the effects of globalisation on the welfare states.

Özlem has articles in books and journals such as Cambridge Journal of Economics, World Development, Environment and Planning A, Public Choice, Economic Inquiry, European Journal of Industrial Relations, International Review of Applied Economics, Structural Change and Economic Dynamics, Review of Political Economy, and Eastern European Economics.

Özlem's research has been funded by the International Labour Office, Institute for New Economic Thinking, Foundation of European Progressive Studies, Austrian Science Fund, Austrian National Bank, Vienna Chamber of Labour, Korea Institute for Health and Social Affairs, Friedrich Ebert Foundation, Economic Research Forum for Arab Countries, Iran and Turkey, and the Academy of Science of Turkey.

Recent projects

Media activity: 

  • Onaran, Ö. and Guschanski, A. (2016) "Rising inequality in the UK and the political economy of Brexit: lessons for policy", GPERC Policy Briefs, University of Greenwich, #PB10-2016.
  • Onaran, Ö. And Obst, T. "Wage-led growth in the EU15 Member States: the effects of income distribution on growth, investment, trade balance, and inflation", Cambridge Journal of Economics, forthcoming
  • Goda, T., Onaran, Ö., Stockhammer, E. "Income inequality and wealth concentration in the recent crisis", Development and Change, forthcoming.
  • Onaran, Ö. and Galanis, G. "Income distribution and aggregate demand: National and global effects" Environment and Planning A, 46 (10). 2489-2513, 2014 
  • Onaran, Ö., Bösch, V., "The effect of globalization on the distribution of taxes and social expenditures in Europe: Do welfare state regimes matter?" Environment and Planning A, 46 (2), 373-397, 2014
  • Onaran, Ö., Stockhammer, E., Zwickl, K., "FDI and domestic investments in Germany: crowding in or out?," International Review of Applied Economics, 27( 4), 429-448, 2013
  • Stockhammer, E., Onaran, Ö., "Wage-led growth: theory, evidence, policy," Review of Keynesian Economics, 1(1), 61-78, 2013
  • Onaran, Ö., Bösch, V., Leibrecht, M.  "How does globalization affect the tax burden on labour income, capital income and consumption in different welfare regimes? The case of Western and Eastern EU Member States", Economic Inquiry, 50(4), 880-904, 2012
  • Onaran, Ö., "The Effect of Foreign Affiliate Employment on Wages, Employment, and the Wage Share in Austria", Review of Political Economy, 24(2), 251-71, 2012
  • Stockhammer, E., Onaran, Ö., "Rethinking wage policy in the face of the Euro crisis. Implications of the wage-led demand regime", International Review of Applied Economics, 26: 2, 191–203, 2012
  • Leibrecht, M., Klien, M., Onaran, Ö.,  "Globalisation and the Structure of Public Spending in the Old and New EU Member States" Public Choice, 148(3), 569-594, 2011   
  • Onaran, Ö., Stockhammer, E., Grafl, L. "Financialization, distribution, and aggregate demand in the US", Cambridge Journal of Economics, 35(4), 637-662, 2011
  • Onaran, Ö., "From transition crisis to the global crisis: Labor in Eastern Europe", Capital and Class, 35(2), 213-232, 2011
  • Onaran, Ö., "The Effect of Import Penetration on Labor Market Outcomes in Austrian Manufacturing Industry", The International Trade Journal, 25 (2), 25(2), 163-204, 2011.
  • Stockhammer, E., Onaran, Ö., Ederer, S. "Functional income distribution and aggregate demand in the Euro-area" Cambridge Journal of Economics, 33: 139-159, 2009 
  • Stockhammer, E., Onaran, Ö., "National and sectoral factors in wage formation in Eastern New Member States" European Journal of Industrial Relations, 15(3):317-338, 2009 
  • Onaran, Ö., "Wage share, globalization, and crisis: The case of manufacturing industry in Korea, Mexico, and Turkey," International Review of Applied Economics, 23(2): 113-134, 2009   
  • Onaran, Ö., Stockhammer, E., "The effect of FDI and foreign trade on wage bargaining in the Central and Eastern European Countries in the post-transition era: A sectoral analysis" Structural Change and Economic Dynamics, 19, 66-80, 2008
  • Onaran, Ö., "Jobless growth in the Central and Eastern European Countries: A country specific panel data analysis for the manufacturing industry", Eastern European Economics, 46(4), 90-115, 2008 
  • Onaran, Ö., Stockhammer, E., "Two different export-oriented growth strategies: accumulation and distribution in Turkey and South Korea", Emerging Markets Finance and Trade, 41(1), 65-89, 2005.   
  • Stockhammer, E., Onaran, Ö., "Accumulation, distribution and employment: a structural VAR approach to a Kaleckian macro model", Structural Change and Economic Dynamics, 15, 421-447, 2004.
  • Baslevent, C., Onaran, Ö., "The effect of export-oriented growth on female labour market outcomes in Turkey", World Development, 32 (8), 1375-93, 2004. 
  • Baslevent, C., Onaran, Ö., "Are women in Turkey more likely to become added or discouraged workers?", Labour, 17 (3), 439-458, 2003. 

Working papers

  • Onaran, Özlem (2016) Secular stagnation and progressive economic policy alternatives. [Working Paper]
  • Onaran, Özlem (2016) The working people of the UK are stronger in Europe. [Working Paper]
  • Onaran, Özlem (2015) State and the economy: a strategy for wage-led development. [Working Paper]
  • Onaran, Özlem (2015) Wage- versus profit- led growth in the context of international interactions and the political aspects of wage-led recovery. [Working Paper]
  • Onaran, Özlem and Obst, Thomas (2015) Wage-led growth in the EU15 member states: the effects of income distribution on growth, investment, trade balance, and inflation. [Working Paper]
  • Onaran, Özlem, Guschanski, Alexander, Meadway, James and Martin, Alice (2015) Working for the economy: the economic case for trade unions. [Working Paper]
  • Onaran, Özlem, Guschanski, Alexander, Meadway, James and Martin, Alice (2015) Working for the economy: the economic case for trade unions [Policy Brief]. [Working Paper]
  • Onaran, Özlem (2015) The case for a coordinated policy mix of wage-led recovery and public investment in G20. [Working Paper]
  • Tori, Daniele and Onaran, Özlem (2015) The effects of financialization on investment: evidence from firm-level data for the UK. [Working Paper]
  • Onaran, Özlem and Obst, Thomas (2015) The empirical case for a wage-led recovery policy for Europe. [Working Paper]
  • Onaran, Özlem and Oyvat, Cem (2015) The political economy of inequality, redistribution and boom-bust cycles in Turkey. [Working Paper]
  • Onaran, Özlem (2015) The role of gender equality in an equality-led sustainable development strategy. [Working Paper]
  • Umney, Charles, Greer, Ian, Onaran, Özlem and Symon, Graham (2015) The state and class discipline: European labour market policy after the financial crisis. [Working Paper]
  • Goda, Thomas, Onaran, Özlem and Stockhammer, Engelbert (2014) A case for redistribution? income inequality and wealth concentration in the recent crisis. [Working Paper]
  • Onaran, Özlem and Galanis, Giorgos (2013) Income distribution and aggregate demand: a global Post-Keynesian model. [Working Paper]
  • Onaran, Özlem and Boesch, Valerie (2013) The effect of globalization on the distribution of taxes and social expenditures in Europe: Do welfare state regimes matter? [Working Paper]

For the full list of publications see Greenwich Academic Literature Archive

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