Selale Tuzel

Associate Professor of Finance and Business Economics

University of Southern California
Marshall School of Business

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



CV (pdf file)


Research Interests

Asset Prices and the Macroeconomy, Real Estate, Productivity, Real Investments, Labor and Finance


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, Forthcoming.   Internet Appendix Data

Proposition 13: An Equilibrium Analysis (with Ayse Imrohoroglu and Kyle Matoba), 2016, Working Paper.

Housing and Federal Taxes (with Ayse Imrohoroglu and Kyle Matoba), Work in Progress.

The Term Structure of Equity and Bond Risk Premia (with Chris Jones), Work in Progress.



Real Estate Finance and Investments (MBA and undergraduate), USC, 2005-2016.

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