Areas of Expertise: Global financial markets; financial characteristics of firms in different countries; global investing; index funds; closed-end country funds; international funds; corporate finance, capital budgeting and capital structure

Background Information

• Doctor of Philosophy, 1972, Lehigh University, Business and Industrial Economics
• Master of Science, 1967, Lehigh University, Business Economics
• Bachelor of Arts, 1961, University of Ankara

Refereed Articles

• Meric, I., Sprotzer, I., & Goldberg, I. (in press, 2012).  Corporate Taxes and Economic Recovery.  Journal of Taxation of Investments.
• Meric, I., Prober, L., Gong, L., & Meric, G. (2011).  Co-Movements of Global Stock Markets Before and After the 2008 Stock Market Crash.  International Research Journal of Finance and Economics.
• Meric, G., Campbell, J. B., Pati, N., & Meric, I. (in press, 2011). Co-Movements of the Indian Stock Market With Other Stock Markets: Implications for Portfolio Diversification.  Indian Journal of Finance.
• Meric, I., Wang, J., Meric, G., & Liu, Z. (2011).  The Determinants of Stock Returns in the October 9, 2007March 9, 2009 Bear Market.  The Journal of Investing.
• Meric, I., Dunne, K., McCall, C. W. , & Meric, G. (2010).  Performance of Exchange-Traded Sector Index Funds in the October 9, 2007-March 9, 2009 Bear Market.  Journal of Finance and Accountancy.
• Wang, J., Meric, G., Liu, Z., & Meric, I. (2010).  A Comparison of the Determinants of Stock Returns in the 1987 and 2008 Stock Market Meltdowns.  Banking and Finance Review.
• Meric, I., Dunne, K., Li, S. F. , & Meric, G. (2010).  Variety Enterprises Corporation (VEC) - Capital Budgeting Decision.  Review of Business & Finance Case Studies.
• Meric, I., Lentz, C., Smeltz, W., & Meric, G. (2010).  Global Financial Crisis and the Performance of Country Index Funds in the October 9, 2007-March 9, 2009 Bear Market.  International Journal of Business and Finance Research.
• Meric, I., Goldberg, I., Sprotzer, I., & Meric, G. (2010).  Performance of U.S. Financial Sector and Bank Stocks: October 2002-August 2009.  International Research Journal of Finance and Economics, 39.
• Meric, I., Goldberg, I., Dunne, K., & Meric, G. (2009).  Co-Movements of NAFTA Stock Markets.  Troy University Business and Economic Review.
• Ratner, M., Meric, I., & Meric, G. (2009).  The Decoupling of Emerging Markets from the U.S. Equity Market.  Journal of Emerging Markets, 14 (1), 7-23.
• Meric, I., Taga, L., Gishlick, H., & Meric, G. (2009).  A Comparison of the Financial Characteristics of U.S., E.U., and Japanese Chemical Firms.  Clarion Business and Economic Review.
• Meric, I., Prober, L., Eichhorn, B., & Gulser, G. (2009).  A Principal Components Analysis of the Portfolio Diversification Benefits of Investing in Emerging Stock Markets.  Middle Eastern Finance and Economics, 4.
• Wang, J., Meric, G., Liu, Z., & Meric, I. (2009).  Stock Market Crashes, Firm Characteristics, and Stock Returns.  Journal of Banking and Finance.
• Meric, I., McCall, C., & Meric, G. (2008).  A Comparison of the Financial Characteristics of U.S. and Japanese Electronic and Electrical Equipment Manufacturing Firms.  International Bulletin of Business Administration.
• Wang, J., Meric, G., & Meric, I. (2008).  U.S. Stock Market Reaction to September 11, 2001 Events.  International Journal of Finance.
• Meric, I., Goldberg, I. V. , Sprotzer, I. B. , & Meric, G. (2008).  Eliminating the Tax Cuts on Dividends and Capital Gains May Have an Adverse Effect on the Stock Market: An Economic Argument.  Journal of Taxation of Investments, 26 (1), 66-73.
• Meric, I., Ratner, M., & Meric, G. (2008).  Co-movements of Sector Index Returns in the World's Major Stock Markets During Bull and Bear Markets: Portfolio Diversification Implications.  International Review of Financial Analysis, 156-177.
• Meric, I., Gishlick, H., Taga, L., & Meric, G. (2008).  MANOVA Tests of the Changes in the Financial Characteristics of EU Manufacturing Firms Over Time.  Global Economy and Finance Journal.
• Meric, I., Kim, J., & Meric, G. (2008).  Co-movements of U.S., U.K., and Asian Stock Markets Before and After September 11, 2001.  Journal of Money, Investment and Banking.
• Meric, G., Welsh, C. N. , Weidman, S. M. , & Meric, I. (2008).  Returns and Co-Movements of Domestic and Country Index Funds: Global Portfolio Diversification Implications.  Journal of Global Business Issues.
• Meric, G., Ratner, M., & Meric, I. (2008).  Global Diversification with Ishares Country Index Funds.  Global Business and Finance Review.
• Meric, I., Eichhorn, B., McCall, C., & Meric, G. (2008).  The Financial Characteristics of U.S. and E.U. Electronic and Electrical Equipment Manufacturing Firms and the Determinants of Asset and Equity Returns.  International Research Journal of Finance and Economics.
• Meric, I., Ratner, M., Nygren, L. M. , & Meric, G. (2008).  Co-Movements of Latin American Equity Markets Before and After September 11, 2001.  Latin American Business Review.

Non-Refereed Articles

• Meric, I., McCall, C., & Eichhorn, B. (2012).  The Co-Movements of National Stock Markets and Global Portfolio Diversification: 2001 - 2010.  Review of Economics and business Studies.

Refereed Proceedings

• Meric, I., Lentz, C., Smeltz, W., & Meric, G. (2010).  Exchange-Traded Country Index Fund Investments and the October 9, 2007-March 9, 2009 Bear Market.  Institute for Business and Finance Research Conference.
• Meric, I., Dunne, K., McCall, C. W. , & Meric, G. (2009).  Performance of Exchange-Traded Sector Index Funds in the October 9, 2007-March 9, 2009 Bear Market.  Academic and Business Research Institute Conference.

Book

• Meric, I. & Meric, G. (2011).  Sector and Global Investing: Risks, Returns, and Portfolio Diversification Benefits VDM Publishing.

Presentation of Refereed Papers
International

• Meric, I., Gishlick, H., Taga, L., & Meric, G. (2010). Risks, Returns, and Portfolio Diversification Benefits of Country Index Funds in Bear and Bull Markets. EurAsia Business and Economics Society Conference, Istanbul, Turkey.
• Meric, I., McMullen, D., Smeltz, W., & Meric, G. (2010). Performance and Portfolio Diversification Benefits of Exchange-Traded Sector Index Funds in Bear and Bull Markets. EurAsia Business and Economics Society Conference, Istanbul, Turkey.
• Meric, I., Ratner, M., & Meric, G. (2010). Sector Investments: Risks, Returns, and Portfolio Diversification. Global Finance Association Conference, Poznan, Poland.
• Wang, J., Meric, G., Liu, Z., & Meric, I. (2010). 1987 and 2008 Stock Market Crashes. Global Finance Association Conference, Poznan, Poland.
• Meric, I., Prober, L. M. , Eichhorn, B. H. , & Meric, G. (2009). A Principal Components Analysis of the Portfolio Diversification Benefits of Investing in Emerging Stock Markets. EurAsia Business and Economics Society Conference, Istanbul, Turkey.
• Meric, G., Ratner, M., & Meric, I. (2008). Country Betas and the Capital Asset Pricing Model. Global Finance Association Conference, Hangzhou, China.
• Meric, I., Kim, S., Kim, J., & Meric, G. (2008). Co-movements of U.S., U.K., and Asian Stock Markets Before and After September 11, 2001. Global Finance Association Conference, Hangzhou, China.

National

• Wang, J., Meric, G., Liu, Z., & Meric, I. (2010). Stock Market Crash, Bankruptcy Risk, and Stock Returns. Eastern Finance Association, Miami, Florida.
• Ratner, M., Meric, I., & Meric, G. (2009). The Decoupling of Emerging Markets from the U.S. Equity Market. Eastern Finance Association, Washington, District of Columbia.

Honors/Awards
Awards 

• 2003:  Dominick A. Iorio Research Prize

Honors

• 2012:  Research Leave
• 2011:  Summer Fellowship
• 2010:  Davis Fellowship
• 2010:  Summer Fellowship
• 2009:  Summer Fellowship
• 2008:  Jesse H. Harper Chair Professorship
• 2008:  Research Leave
• 2007:  Jesse H. Harper Chair Professorship
• 2006:  Jesse H. Harper Chair Professorship
• 2006:  Summer Fellowship
• 2005:  Jesse H. Harper Chair Professorship
• 2005:  Summer Fellowship
• 2004:  Research Leave
• 2003:  Davis Fellowship
• 2002:  Davis Fellowship
• 2002:  Summer Fellowship