Dr. Kalemli-Ozcan is an Associate Professor of Economics at University of Houston and a NBER fellow. She has received a B.Sc. degree in economics from Middle East Technical University, Ankara, Turkey, in 1995, and M.A. and Ph.D. degrees in economics from Brown University, Rhode Island, USA, in 1997 and 2000. Her research agenda focuses on Global Linkages, Financial Markets and Economic Development. By using country and regional level data her empirical research demonstrates the deviations in the workings of financial markets from the theoretical benchmarks and the resulting effects on economic development. Her work has been published in American Economic Review, Journal of International Economics, Review of Economics & Statistics, Journal of Economic Growth and Journal of Development Economics. Her recent focus is on measuring the degree of financial integration within the European Union and these effects of this integration on financial stability and growth. She has been selected as the 2008 Duisenberg fellow of European Central Bank and is the receipient of Marie Curie International Reintagration Award of European Commision.