Prof. Dr. Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communication (CAERC) will deliver a lecture at the University of London. The presentation will take place during the International Finance and Banking Conference (IFABS 2026), held with the support of the Bank of England on July 13–15, 2026.

Vusal Gasimli will present the results of a research paper titled "Reassessing the Forward-Looking Taylor Rule: Insights from the Turkish Economy." To evaluate monetary policy behaviors in emerging economies, the study analyzes the forward-looking Taylor rule and employs econometric methods to investigate the Central Bank of the Republic of Türkiye's response to inflation and output gap indicators.

During the analysis, an empirical estimation was conducted based on the Generalized Method of Moments (GMM), utilizing quarterly data covering the period from the first quarter of 2002 to the third quarter of 2021. The research findings indicate that the Central Bank of Türkiye reacts to inflation expectations with a higher level of sensitivity compared to the output gap in its monetary policy decisions. Concurrently, the study yields significant scientific insights regarding the formulation of monetary policy in developing countries, the maintenance of macroeconomic stability, and a deeper understanding of central banks' decision-making mechanisms.

The other co-authors of the article are Rashad Huseynov, Doctor of Philosophy in Economic Sciences, Gunay Guliyeva, Doctor of Philosophy in Economics and Associate Professor, Rashad Najafli, an employee at CAERC, and Professor Laszlo Vasa from Széchenyi István University in Hungary.

Dedicated this year to the theme "The Role of Regulation and Innovation in Securing Productivity and Sustainable Growth in the Financial Sector," the IFABS 2026 conference agenda features topical themes such as the application of artificial intelligence and machine learning in the financial sector, financial stability, macroprudential policy, financial regulation and supervision, sustainable finance, digital financial infrastructure, central bank digital currencies (CBDCs), risk management, the competitiveness of financial markets, and economic growth.

IFABS 2026 is considered one of the most reputable international platforms bringing together the global scientific and professional community in the fields of finance, banking, and economic policy. This year's event will feature the participation of more than 200 academics, professors, researchers, Central Bank representatives, and leading experts in the financial sector from 39 countries worldwide.

The IFABS 2026 conference is co-chaired by Professor Barbara Casu from Bayes Business School, Dr. Kate Collyer from the UK Financial Conduct Authority (FCA), Professor Meryem Duygun from the University of Nottingham, Professor Sonia Falconieri from Bayes Business School, Dr. Mahmoud Fatouh from the Bank of England, Professor Eddie Gerba from the Bank of England and the London School of Economics, as well as Dr. Artur Kotlicki from the Bank of England.

Among the keynote speakers of the conference are Xavier Vives, Professor Emeritus at IESE Business School and a member of the Advisory Scientific Committee of the European Systemic Risk Board operating under the European Central Bank, David Bailey, Executive Director for Prudential Policy at the Bank of England, and Nicola Cetorelli, a well-known economist and Head of Financial Intermediation Function at the Federal Reserve Bank of New York.

A high-level policy panel dedicated to the future development paths of the financial sector is also scheduled to be held within the scope of the event. Concurrently, the "IFABS Best Paper Award" will be presented by IFABS to promote scientific research.