
Ali Ozdagli is an economist in the research department of the Federal Reserve Bank of Boston. Before joining the Federal Reserve Bank of Boston he worked as a research and teaching assistant at Humboldt University of Berlin, where he earned his M.A. degree in economics and management science, and at the University of Chicago, where he earned his Ph.D. degree in economics. His research focuses on macroeconomics, investment in physical and human capital, and the pricing of financial assets.
Ph.D. (Economics), University of Chicago, 2009
M.A. (Economics), Humboldt University of Berlin, 2004
B.S. (Industrial Engineering), Bogazici University, 2002
Refereed journal articles
"Financial Leverage, Corporate Investment, Stock Returns." Review of Financial Studies. forthcoming
Working papers and other unpublished papers
"Monetary Shocks and Stock Returns: Identification Through the Impossible Trinity," with Yifan Yu. FRB Boston Working Papers Series, paper no. 12-18, (2012).
"On the Distribution of College Dropouts: Household Wealth and Uninsurable Idiosyncratic Risk," with Nicholas Trachter. FRB Boston Working Papers Series, paper no. 11-8, (2011).
"Self-Employment in the Global Economy," with Federico J. Diez. FRB Boston Working Papers Series, paper no. 11-5, (2011).
"The Distress Premium Puzzle." FRB Boston Working Papers Series, paper no. 10-13 (2010).
"Financial Leverage, Corporate Investment, and Stock Returns." FRB Boston Working Papers Series, paper no. 09-13 (2009)
"Financial Leverage, Corporate Investment and Stock Returns." Ph.D. thesis, University of Chicago, 2009.
"College Enrollment, Dropouts, and Option Value of Education," with Nicholas Trachter, 2008.
"Implications of Investment Adjustment Cost for Investment Behavior." 2007.
"The Distress Premium Puzzle." Western Finance Association Meeting, June 19 - 22, 2011.
"What Drives Dropouts in College? An Exploration of Uninsurable Risk." Midwest Macro Meetings, May 20 - 22, 2011.
"The Distress Premium Puzzle." Midwest Finance Association Meeting, March 2 - 5, 2011.
"Financial Leverage, Corporate Investment and Stock Returns." American Economic Association Annual Meeting, 2010; Federal Reserve Bank of Chicago, 2008; University of Chicago, Booth School of Business, 2008; University of Chicago Department of Economics, various workshops, 2006–2008.
"College Enrollment, Dropouts, and Option Value of Education." Society of Economic Dynamics Annual Meeting, 2008; University of Chicago Department of Economics, various workshops, 2006–2008.
"Implications of Investment Adjustment Cost for Investment Behavior." University of Chicago Department of Economics, various workshops, 2006–2008.
George J. Stigler Dissertation Fellowship, 2008–2009
Institute for Humane Studies Fellowship, 2008–2009
Provost's Summer Research Fellowship, 2008
Lee Prize for Best Capital Theory/Money and Banking Field Exam, 2006
University of Chicago Unendowed Fellowship, 2004–2008
Economic Society Award, Humboldt University, 2004
Referee: Journal of Monetary Economics
Referee: Econometrica, Review of Economic Dynamics