Selale Tuzel

Associate Professor of Finance and Business Economics

University of Southern California
Marshall School of Business

Contact Information

701 Exposition Blvd
Hoffman Hall 231
Los Angeles, CA 90089-1422
Telephone: (213) 740-9486
Fax: (213) 740-6650

Curriculum Vitae (pdf)


Research Interests

Macro-Finance, Real Estate, Productivity, Real Investments, Labor and Finance, Tax Policy


Housing, Consumption and Asset Pricing (with Monika Piazzesi and Martin Schneider), Journal of Financial Economics 83, March 2007 (lead article).

Corporate Real Estate Holdings and the Cross Section of Stock Returns, Review of Financial Studies 23, May 2010.

New Orders and Asset Prices (with Chris Jones), Review of Financial Studies 26, January 2013.   New Orders to Shipments (NO/S) Data

Inventory Investment and the Cost of Capital (with Chris Jones), Journal of Financial Economics 107, March 2013.   Data

Firm Level Productivity, Risk, and Return (with Ayse Imrohoroglu), Management Science 60, August 2014.   Internet Appendix   Extended TFP Data   Readme   Programs

Local Risk, Local Factors, and Asset Prices (with Miao Ben Zhang), Journal of Finance 72, February 2017.   Internet Appendix Data

Proposition 13: An Equilibrium Analysis (with Ayse Imrohoroglu and Kyle Matoba), 2017, American Economic Journal: Macroeconomics, Forthcoming.

Economic Stimulus at the Expense of Routine-Task Jobs (with Miao Ben Zhang), 2017, Working Paper.



Real Estate Finance and Investments (MBA and undergraduate), USC, 2005-2017.

Financial Economics II (Asset Pricing, Ph.D.), USC, 2014-2016.