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Marcelo Ochoa

Education

  • Ph.D., Economics, Duke University, 2013
  • M.A., Economics, Duke University, 2008
  • M.A., Economics, Universidad de Chile, 2006
  • B.A., Economics, Universidad Catolica Boliviana, 2002
Current Research Topics
  • Risks from Climate Change
  • Monetary Policy Uncertainty
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2021 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2013 - 2020
  • Economic Analyst

    Central Bank of Chile

    2004 - 2007
  • Research Assistant

    The World Bank

    2001 - 2003
  • International Yield Spillovers
    Don H. Kim and Marcelo Ochoa
    Journal of Financial and Quantitative Analysis (Forthcoming)
    See also » FRB Working Paper (2021)
  • Do Sustainable Investment Strategies Hedge Climate Change Risks? Evidence from Germany's Carbon Tax
    Marcelo Ochoa, Matthias Paustian, and Laura Wilcox
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.073
  • International Yield Spillovers
    Don H. Kim and Marcelo Ochoa
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.001
  • Climate Change Risk
    Ravi Bansal, Dana Kiku, and Marcelo Ochoa
    FRBSF Working Paper (2019)
  • Climate Change and Growth Risks
    Ravi Bansal, Marcelo Ochoa, and Dana Kiku
    NBER Working Paper Series (2016)
    https://doi.org/10.3386/w23009
  • Price of Long-Run Temperature Shifts in Capital Markets
    Ravi Bansal, Dana Kiku, and Marcelo Ochoa
    NBER Working Paper Series (2016)
    https://doi.org/10.3386/w22529
  • Funding Liquidity Risk and the Cross-section of MBS Returns
    Yuriy Kitsul and Marcelo Ochoa
    Finance and Economics Discussion Series (2016)
    https://doi.org/10.17016/FEDS.2016.052
  • The Demand for Short-Term, Safe Assets and Financial Stability: Some Evidence and Implications for Central Bank Policies
    Mark Carlson, Burcu Duygan-Bump, Fabio Natalucci, Bill Nelson, Marcelo Ochoa, Jeremy Stein, and Skander Van den Heuvel
    International Journal of Central Banking (2016)
    See also » FRB Working Paper (2014)
  • Volatility, Labor Heterogeneity and Asset Prices
    J. Marcelo Ochoa
    Finance and Economics Discussion Series (2013)
    https://doi.org/10.17016/FEDS.2013.71
  • Labor Heterogeneity, Volatility and Expected Equity Returns
    Marcelo Ochoa
    Duke University (2013)
  • Temperature, Aggregate Risk, and Expected Returns
    Ravi Bansal and Marcelo Ochoa
    NBER Working Paper Series (2011)
    https://doi.org/10.3386/w17575
  • Welfare Costs of Long-Run Temperature Shifts
    Ravi Bansal and Marcelo Ochoa
    NBER Working Paper Series (2011)
    https://doi.org/10.3386/w17574
  • Eficiencia de la Politica Monetaria en Chile: Existieron Mejoras? (Monetary Policy Efficiency in Chile: Were There Any Improvements? With English summary.)
    Juan Marcelo Ochoa C.
    Economí a Chilena (2009)
  • An interpretation of an affine term structure model of Chile
    J. Marcelo Ochoa
    Estudios de economia (2006)
  • conference

    2012

    Southern Economic Association Meeting

  • conference

    2011/2006

    LACEA/LAMES annual meeting

  • conference

    2005/2002

    Meeting of the Central Banks Research Network of the Americas

Referee
  • The Journal of Finance, Journal of Business and Economic Statistics, The Journal of Econometrics, Macroeconomic Dynamics.
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Last Update: December 5, 2022