Paula Tkac

Executive Vice President and Director of Research
email :: 404-498-8813

To interview economists, press should contact Public Affairs at 470-249-8348.

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.

Atlanta Fed Working Papers

2019-3
Bayesian Nonparametric Learning of How Skill Is Distributed across the Mutual Fund Industry
Mark Fisher, Mark J. Jensen, and Paula Tkac
March 2019
Abstract | Full text (1,098 KB)

2009-20
The Financial Crisis of 2008 in Fixed Income Markets
Gerald P. Dwyer Jr. and Paula Tkac
August 2009
Abstract | Full text (405 KB)

2001-15
Star Power: The Effect of Morningstar Ratings on Mutual Fund Flows
Diane del Guercio and Paula A. Tkac
August 2001
Abstract | Full text (190 KB)

2000-21
The Determinants of the Flow of Funds of Managed Portfolios: Mutual Funds versus Pension Funds
Diane del Guercio and Paula A. Tkac
November 2000
Abstract | Full text (190 KB)

Articles

Paula Tkac. "Getting a Grip on Liquidity: Conference Takeaways." Notes from the Vault (2016 March).

Paula Tkac. "Central Banking in the Shadows." Notes from the Vault (2014 December).

Paula Tkac. "State of Distress?." Notes from the Vault (2014 July).

Paula Tkac. "Reducing Systemic Risk or Merely Transforming It?." Notes from the Vault (2013 July).

Paula Tkac. "One Proxy at a Time: Pursuing Social Change through Shareholder Proposals." Federal Reserve Bank of Atlanta Economic Review (2006 Q3).
Abstract | Full text (332 KB)

Paula Tkac. "Mutual Funds: Temporary Problem or Permanent Morass?." Federal Reserve Bank of Atlanta Economic Review (2004 Q4).
Abstract | Full text (221 KB)

Paula Tkac. "The Performance of Open-End International Mutual Funds." Federal Reserve Bank of Atlanta Economic Review (2001 Q1).
Full text

Blog Posts

Paula Tkac. "After the Conference, Another Look at Liquidity," macroblog. June 6, 2016.

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