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Paula Tkac

Executive Vice President and Director of Research

Paula Tkac, Executive Vice President and Director of Research

About

Paula Tkac is an executive vice president and director of research at the Federal Reserve Bank of Atlanta serving as primary monetary policy adviser to Atlanta Fed president Bostic.

Biography

Paula Tkac is an executive vice president and director of research at the Federal Reserve Bank of Atlanta and is a member of the executive leadership committee. Tkac also serves as primary monetary policy adviser to Atlanta Fed president Bostic and is actively involved in strategic leadership at both the Division and organizational levels.

As an economist, Tkac has conducted research on various financial market topics including the asset management industry, financial regulation, the municipal bond market and policy responses to financial crises. Her research has won two William F. Sharpe Awards from the Journal of Financial and Quantitative Analysis.

Tkac frequently speaks to private sector and community groups on issues related to monetary policy, financial regulation, and leadership. She has also appeared on C-SPAN and as an op-ed writer in the Wall Street Journal.

Before she joined the Federal Reserve Bank of Atlanta in 2000, Tkac was on the faculty of the finance department at the University of Notre Dame. Tkac earned her bachelor's, master's, and doctoral degrees in economics from the University of Chicago.

Published Work

Federal Reserve work older than six years.

Publications

2019

Mark Fisher, Mark J. Jensen, and Paula Tkac. "Bayesian Nonparametric Learning of How Skill Is Distributed across the Mutual Fund Industry." Working Paper 2019-3. Federal Reserve Bank of Atlanta. March 2019.

2016

Paula Tkac. "After the Conference, Another Look at Liquidity." macroblog. Federal Reserve Bank of Atlanta. June 6, 2016.

Paula Tkac. "Getting a Grip on Liquidity: Conference Takeaways." Notes from the Vault.Federal Reserve Bank of Atlanta. March 2016.

Nikolay Gospodinov, Paula Tkac, and Bin Wei. "Are Long-Term Inflation Expectations Declining? Not So Fast, Says Atlanta Fed," macroblog. Federal Reserve Bank of Atlanta.. January 15, 2016.

2014

Paula Tkac. "Central Banking in the Shadows." Notes from the Vault. Federal Reserve Bank of Atlanta. December 2014.

Paula Tkac. "State of Distress?." Notes from the Vault. Federal Reserve Bank of Atlanta. July 2014.

2013

Paula Tkac. "Reducing Systemic Risk or Merely Transforming It?." Notes from the Vault. Federal Reserve Bank of Atlanta. July 2013.

2009

Gerald P. Dwyer Jr. and Paula Tkac. "The Financial Crisis of 2008 in Fixed Income Markets." Working Paper 2009-20. Federal Reserve Bank of Atlanta. August 2009.

2006

Paula Tkac. "One Proxy at a Time: Pursuing Social Change through Shareholder Proposals." Economic Review. Federal Reserve Bank of Atlanta. 2006 Q3.

2004

Paula Tkac. "Mutual Funds: Temporary Problem or Permanent Morass?Economic Review. Federal Reserve Bank of Atlanta. 2004 Q4.

2001

Diane del Guercio and Paula A. Tkac. "Star Power: The Effect of Morningstar Ratings on Mutual Fund Flows." Working Paper 2001-15. Federal Reserve Bank of Atlanta. August 2001.

Paula Tkac. "The Performance of Open-End International Mutual Funds." Economic Review. Federal Reserve Bank of Atlanta. 2001 Q3.

2000

Diane del Guercio and Paula A. Tkac. "The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds versus Pension Funds." Working Paper 2000-21. Federal Reserve Bank of Atlanta. November 2000.