Dr. Ersal-Kiziler’s research interests are mainly in international finance and open economy macroeconomics. She has published work that examines international capital flows and current account balances in relation to permanent and transitory changes in output, mainly in advanced economies. Her most recent work focuses on the debt flows within the European Monetary Union (EMU) and the role of common single currency (euro) in shaping the geography of these flows within and to the EMU.