Meet the Researchers
Musa Orak
[email protected]
Education
- Ph.D., Economics, University of California - Los Angeles, 2016
- M.A., Economics, University of California, Los Angeles, 2012
- M.Sc., Economics, Middle East Technical University, Ankara, 2009
- B.Sc., Economics, Middle East Technical University, Ankara, 2004
- Income Inequality, Labor Share
- Technological Progress, Inflation, Ambiguity
Principal Economist
Board of Governors of the Federal Reserve System
2022 - presentSenior Economist
Board of Governors of the Federal Reserve System
2019 - 2022Adjunct Faculty
Johns Hopkins University
2019 - 2020Economist
Board of Governors of the Federal Reserve System
2016 - 2019Lecturer
University of California, Los Angeles
2013 - 2015Researcher
Central Bank of Turkey
2005 - 2010Associate Expert
Undersecretariat of Turkish Treasury
2004 - 2005
- Has the Inflation Process Become More Persistent? Evidence from the Major Advanced Economies
Andrea De Michelis, Grace Lofstrom, Mike McHenry, Musa Orak, Albert Queralto, and Mikaël Scaramucci
FEDS Notes (2024)
https://doi.org/10.17016/2380-7172.3562 - Revisiting capital-skill complementarity, inequality, and labor share
Lee E. Ohanian, Musa Orak, and Shihan Shen
Review of Economic Dynamics (2023)
https://doi.org/10.1016/j.red.2023.05.002
See also » FRB Working Paper (2021) - Drivers of Post-pandemic Inflation in Selected Advanced Economies and Implications for the Outlook
Danilo Cascaldi-Garcia, Musa Orak, and Zina Saijid
FEDS Notes (2023)
https://doi.org/10.17016/2380-7172.3232 - Taxation, social welfare, and labor market frictions
Brendan Epstein, Ryan Nunn, Musa Orak, and Elena Patel
European Economic Review (2023)
https://doi.org/10.1016/j.euroecorev.2022.104352
See also » FRB Working Paper (2020) - Revisiting Capital-Skill Complementarity, Inequality, and Labor Share
Lee Ohanian, Musa Orak, and Shihan Shen
International Finance Discussion Papers (2021)
https://doi.org/10.17016/IFDP.2021.1319 - Taxation, Social Welfare, and Labor Market Frictions
Brendan Epstein, Ryan Nunn, Musa Orak, and Elena Patel
International Finance Discussion Papers (2020)
https://doi.org/10.17016/IFDP.2020.1284 - Real Effects of Uncertainty: Evidence from Brexit
Anna Lipinska and Musa Orak
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2536 - Capital-Task Complementarity and the Decline of the U.S. Labor Share of Income
Musa Orak
International Finance Discussion Papers (2017)
https://doi.org/10.17016/IFDP.2017.1200 - Essays on the Impacts of Technological Progress on the US Labor Markets
Musa Orak
University of California, Los Angeles (2015) - Türkiye’de Piyasa Göstergelerinden Para Politikası Beklentilerinin ölçülmesi. (Measuring Market-Based Monetary Policy Expectations in Turkey. With English Summary.)
Harun Alp, Refet Gurkaynak, Hakan Kara, Gursu Keles, and Musa Orak
İktisat İşletme ve Finans. (Economics Business and Finance) (2010)
https://doi.org/10.3848/iif.2010.295.2849 - Türkiye'de para politikasının aktarımı: Para politikasının mali piyasalara etkisi. (Transmission of Monetary Policy in Turkey: The Effects of Monetary Policy on Financial Markets. With English Summary.)
Zelal Aktas, Harun Alp, Refet Gurkaynak, Mehtap Kesriyeli, and Musa Orak
İktisat İşletme ve Finans. (Economics Business and Finance) (2009)
https://doi.org/10.3848/iif.2009.278.6047 - The Effects of Inflation Target Revision in Turkey on Expectation Formation Behavior
Yusuf Soner Baskaya, Eda Gulsen, and Musa Orak
Economic Notes Discussion Series (Central Bank of Turkey) (2009) - Inflation Targeting
Ali Hakan Kara and Musa Orak
(2008)
conference
November 2022Federal Reserve Bank of Dallas
The income share of energy and substitution: A macroeconomic approach
seminar
February 2022Federal Reserve Bank of Philadelphia
Revisiting Capital-Skill Complementarity, Inequality, and Labor Share
conference
October 2016System Macro Meeting, Cincinnati
Capital-Task Complementarity and the Decline of the US Labor Share of Income
seminar
February 2016University of Miami
Capital-Task Complementarity and the Decline of the US Labor Share of Income
seminar
February 2016Federal Reserve Board
Capital-Task Complementarity and the Decline of the US Labor Share of Income
seminar
January 2016University of San Diego
Capital-Task Complementarity and the Decline of the US Labor Share of Income
seminar
January 2016Carleton College
Capital-Task Complementarity and the Decline of the US Labor Share of Income
seminar
January 2016Colby College
Capital-Task Complementarity and the Decline of the US Labor Share of Income
seminar
October 2015University of California, Los Angeles
Capital-Task Complementarity and the Decline of the US Labor Share of Income
conference
November 2009National Bank of Greece
Measuring Market Based Monetary Policy Expectations in Turkey
conference
November 2008Banque de France
Inflation Targeting in Turkey: Past and Current Issues and Challenges
conference
November 2008Bank of Albania
Monetary Policy Transmission Mechanism in Turkey in the Context of Inflation Targeting
conference
October 2008Economic Discussions Conference, Istanbul
Inflation Targeting
seminar
May 2007Central Bank of Turkey
Inflation Targeting under IMF Conditionality
conference
February 2007Bank of England
Inflation Targeting Experience of Turkey
Awards
- 2015
UCLA Graduate Division
Dissertation Year Fellowship
- 2015
UCLA and Welton Investment Corporation
Welton Prize for Outstanding Graduate Student Paper
- 2013
UCLA
Teaching Excellence Award
- 2009
Central Bank of Turkey
Study Abroad Scholarship
- 2008
Joint Vienna Institute
Letter of Excellence
- 2004
Turkish Economy Foundation
Young Economist Award
Referee
- Macroeconomic Dynamics
- Review of Economic Dynamics