Photo of Yoshio Nozawa

Yoshio Nozawa

Education

  • Ph.D., Finance and Economics, University of Chicago, 2013
  • M.B.A., Finance, University of Chicago, 2009
  • B.A., International Relations, University of Tokyo, 2002
Current Research Topics
  • Credit Risk
  • Fixed Income Asset Pricing
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2016 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2013 - 2016
  • Chordia, Tarun, Amit Goyal, Yoshio Nozawa, Avanidhar Subrahmanyam, and Qing Tong (forthcoming). "Are Capital Market Anomalies Common to Equity and Corporate Bond Markets? An Empirical Investigation," Journal of Financial and Quantitative Analysis.
  • Nozawa, Yoshio (forthcoming). "What Drives the Cross-Section of Credit Spreads?: A Variance Decomposition Approach," Journal of Finance.
  • Meade, Ellen E., Yoshio Nozawa, Lubomir Petrasek, and Joyce K. Zickler (2015). "The Effects of FOMC Communications before Policy Tightening in 1994 and 2004," FEDS Notes 2015-09-24. Board of Governors of the Federal Reserve System (U.S.).
  • Culp, Christopher L., Yoshio Nozawa, and Pietro Veronesi (2014). "Option-Based Credit Spreads," CEPR Discussion Papers 10318. Centre for Economic Policy Research.
Awards
  • 2015

    AQR

    AQR Insight Award

  • 2011

    Linda and Harry Bradley Foundation

    Bradley Fellowship

Last update: June 12, 2017