Federal Reserve Bank of Dallas
Ali Ozdagli is an economic policy advisor and senior economist in the Research Department of the Federal Reserve Bank of Dallas. His research focuses on macrofinance, corporate finance, financial intermediation and monetary policy. His work has been published in a wide range of journals, including the Journal of Financial Economics, Review of Financial Studies and Journal of Monetary Economics.
Before joining the Dallas Fed in 2020, Ozdagli was a senior economist at the Boston Fed. He also worked as a lecturer at Boston University and at the University of Chicago, where he earned his PhD in economics. He has also been a research assistant at Humboldt University of Berlin, where he earned his MA in economics and management science.
- “Household Inflation Expectations and Consumer Spending: Evidence from Panel Data,” with Mary Burke, Review of Economics and Statistics, forthcoming.
- “Business Complexity and Risk Management: Evidence from Operational Risk Events in U.S. Bank Holding Companies,” with Anna Chernobai and Jianlin Wang, Journal of Monetary Economics, vol. 117, January 2021, pp. 418–40. https://doi.org/10.1016/j.jmoneco.2020.02.004.
- “Show Me the Money: The Monetary Policy Risk Premium,” with Mihail Velikov, Journal of Financial Economics, vol. 135, no. 2. February 2020, pp. 320–39. https://doi.org/10.1016/j.jfineco.2019.06.012.
- “Financial Frictions and the Stock Price Reaction to Monetary Policy,” The Review of Financial Studies, vol. 31, no. 10. October 2018, pp. 3895–936. https://doi.org/10.1016/j.jfineco.2019.06.012.
- “The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel,” with Filippo Ippolito and Ander Perez, Journal of Monetary Economics, vol. 95, May 2018, pp. 49–71. https://doi.org/10.1016/j.jmoneco.2018.02.001.
- “Financial Leverage, Corporate Investment and Stock Returns,” The Review of Financial Studies, vol. 25, no. 4, April 2012, pp. 1033–69. https://doi.org/10.1093/rfs/hhr145.
- “Interest Rates and Insurance Company Investment Behavior,” with Zixuan Wang.
- “Entrepreneurship and Occupational Choice in the Global Economy,” with Federico Diez.
- “Is Public Debt Arm’s Length? Evidence from Corporate Bond Purchases of Life Insurance Companies,” with Monica Barbosa.
- “Monetary Policy Through Production Networks: Evidence from the Stock Market,” with Michael Weber, NBER Working Paper no. 23424.
- “Financial Market Implications of Trade War,” December 2019.
- “On the College Dropouts: Wealth and Uninsurable Idiosyncratic Risk,” with Nicholas Trachter, August 2015.
- “College Enrollment, Dropouts and Option Value of Education,” with Nicholas Trachter.
- “Not So Fast: High-Frequency Financial Data for Macroeconomic Event Studies,” December 2013.
- “Monetary Policy Shocks and Stock Returns: Identification Through Impossible Trinity,” with Yifan Yu, September 2013.
- “Distressed, but Not Risky: Reconciling the Empirical Relationship between Financial Distress, Market-Based Risk Indicators, and Stock Returns (and More),” November 2012.
- “Implications of Investment Adjustment Cost for Investment Behavior”
- “SNAP: Should We Be Worried about a Sudden, Sharp Rise from Low, Long-Term Rates?” Federal Reserve Bank of Boston Current Policy Perpectives, no. 2014-1, 2014.
- “Cliff Notes: The Effects of the 2013 Debt-Ceiling Crisis,” with Joe Peek, Federal Reserve Bank of Boston Research Department Public Policy Briefs, no. 13-9, 2013.