Portrait of Serhat Ugurlu

Dr Serhat Ugurlu : Technical Adviser

Serhat is a member of Oxera’s Analytics and Transport teams. He specialises in data science and microeconometrics. He graduated with a PhD in Economics from the Norwegian School of Economics in June 2018.

During his PhD, he worked on economic measurement, consumer behaviour, and machine learning. He also has experience in the financial services industry and worked in one of Turkey’s largest private banks for two years before his graduate studies.

Serhat speaks English.

Tel: +44 (0) 20 7776 6601

Serhat's specialisms include:

professional experience

  • Advice to an insurance firm on the possible impacts of a proposed market intervention by the FCA (2020)

  • Advice to some UK transmission and network operators regarding a damages claim against a European cartel in the high voltage power cables market (2019–20)

  • Quantification of the economic impacts of an airport’s capacity expansion (2019–20)

  • Quantification of the economic benefits arising from the trial of an automated rail traffic management system on part of the UK rail network (2019)


  • Ugurlu, S. (2018), ‘Essays in Economic Measurement and Consumer Behavior’, PhD thesis, Norwegian School of Economics.

  • Almas, I., Hvide, M., Grewal, M. and Ugurlu, S. (2017), ‘The PPP approach revisited: A study of RMB valuation against the USD’, Journal of International Money and Finance, 77, pp. 18–38.


  • PhD Economics, Norwegian School of Economics, Bergen, Norway

  • MA Economics, Koc University, Istanbul, Turkey

  • BA Economics, Koc University, Istanbul, Turkey

Latest Insights:  Dr Serhat Ugurlu

8 minute read
The Royal Swedish Academy of Sciences awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 to three economists—Joshua Angrist, David Card, and Guido Imbens. Their…

Navigating Merger Control

Together with Skadden and ThoughtLeaders4, Oxera is delighted to invite you to join us on Tuesday 4 June, along with senior members of the EU and UK judiciary and competition authorities, to discuss the current complexities in navigating merger control. Click here to register for the… Read More

Image depicting Navigating Merger Control

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