The article "Real Wages and the Standards of Living in the Ottoman Empire, 1489-1914" that Professor Sevket Pamuk and Professor Süleyman Ozmucur, formerly of Bogaziçi University, published in the June 2002 issue of The Journal of Economic History was recently awarded by the American Economic History Association the Arthur H. Cole Prize for the outstanding article published in The Journal of Economic History during 2002.

Professor Pamuk also received recently the "Fuad Köprülü Book Prize" of the Turkish Studies Association of North America for his A Monetary History of the Ottoman Empire, published by the Cambridge University Press, as the best book published in Turkish and Ottoman studies during 2000-2001.