Professional Experience

• • Economist

    Board of Governors of the Federal Reserve System

  • 2011 - present

• • Assistant Professor of Finance

    Pennsylvania State University

  • 2005 - 2011

• • Visiting Professor of Finance

    New Economic School, Moscow, Russia

  • 2006 - 2010

• • Adjunct Professor of Finance

    University of Maryland at College Park

  • 2013 - present

Publications

• Grishchenko, Olesya V., and Jing-zhi Huang (2013). "Inflation Risk Premium: Evidence from the TIPS Market," Journal of Fixed Income, vol. 22, no. 4, pp. 5-30.
• Grishchenko, Olesya V., and Jing zhi Huang (2012). "Market Inflation Expectations and the Term Structure of Interest Rates," in Perrucci, Stefania, Brice Benaben eds., Inflation Sensitive Assets: Instruments and Strategies.
• Grishchenko, Olesya V., and Marco Rossi (2012). "The Role of Heterogeneity in Asset Pricing: The Effect of a Clustering Analysis," Journal of Business & Economic Statistics, vol. 30, no. 2, pp. 297-311.
• Grishchenko, Olesya V., and Jing-zhi Huang (2012). "Inflation Risk Premium: Evidence from the TIPS Market," Finance and Economics Discussion Series 2012-06. Board of Governors of the Federal Reserve System (U.S.).
• Dubin, Eduard, Olesya V. Grishchenko, and Vasily Kartashov (2012). "Habit Formation Heterogeneity: Implications for Aggregate Asset Pricing," Finance and Economics Discussion Series 2012-07. Board of Governors of the Federal Reserve System (U.S.).
• Grishchenko, Olesya V., Joel M. Vanden, and Jianing Zhang (2011). "The Informational Content of the Embedded Deflation Option in TIPS," Finance and Economics Discussion Series 2011-58. Board of Governors of the Federal Reserve System (U.S.).
• Dai, Qiang, and Olesya V. Grishchenko (2011). "An Empirical Investigation of Consumption-Based Asset Pricing Models with Stochastic Habit Formation," Finance and Economics Discussion Series 2011-47. Board of Governors of the Federal Reserve System (U.S.).
• Grishchenko, Olesya V. (2011). "Asset Pricing in the Production Economy Subject to Monetary Shocks," Journal of Economics and Business, vol. 63, no. 3, pp. 187-216.
• Grishchenko, Olesya V. (2010). "Internal Vs. External Habit Formation: The Relative Importance for Asset Pricing," Journal of economics and business, vol. 62, no. 3, pp. 176-194.

Presentations

• seminar

  September 9, 2011

  Penn State University

  Recent Advances in Computing General Equilibrium Models and Its Application to the Asset Pricing Models with Time Non-separable Preferences

• conference

  September 17, 2011

  Northern Finance Meetings

  The Informational Content of the Deflation Option Embedded in TIPS

• discussion

  December 20, 2011

  9th International Paris Finance Meeting

  An Analysis of Ultra Long-Term Yields

• discussion

  April 21, 2012

  1st USC Moore School of Business Fixed Income Conference

  The Effects of the Treasury Fails Charge on Market Functioning

• conference

  June 28, 2012

  18th International Conference on Computing in Economics and Finance

  The Informational Content of the Deflation Option Embedded in TIPS

• conference

  June 29, 2012

  18th International Conference on Computing in Economics and Finance

  Habit Formation Heterogeneity: Implications for Aggregate Asset Pricing

• conference

  December 20, 2012

  10th International Paris Finance Meeting

  Habit Formation Heterogeneity: Implications for Aggregate Asset Pricing

• conference

  December 14, 2012

  New Economic School 20th Anniversary Conference

  Taylor rule at work: Evidence from disaggregated data

• conference

  March 15, 2013

  Midwest Finance Meetings

  Habit Formation Heterogeneity: Implications for Aggregate Asset Pricing

• conference

  March 16,2013

  Midwest Finance Meetings

  The Inflation Risk Premium: Evidence from the TIPS Market

• conference

  March 16,2013

  Midwest Finance Meetings

  The Informational Content of the Deflation Option Embedded in TIPS

• discussion

  March 16, 2013

  Midwest Finance Meetings

  Pricing TIPS and Treasuries with Linear Regressions

• conference

  April 20, 2013

  2nd USC Moore School of Business Fixed Income Conference

  The Informational Content of the Deflation Option Embedded in TIPS

• seminar

  April 29, 2013

  Penn State University

  Long-run Bond Risk Premia

Other Activities