Efdal Ulas Misirli (Ulas) is a senior financial economist in the Supervision, Regulation and Credit department. He contributed to the Dodd-Franck Act Stress Test (DFAST) program as a model developer and economist and currently co-leads a risk-factor team in its global market shock scenario design arm. His areas of expertise include public equity, private equity and traded credit in corporate, sovereign and municipal markets.

Ulas conducts academic research in empirical asset pricing and stock market anomalies. He has published his articles in Management Science and Financial Management. Prior to joining the Richmond Fed, Ulas was an assistant professor of finance at the University of Connecticut.

Ulas received his bachelor’s and master’s degrees from Bogazici University (Turkey) and earned his doctoral degree in finance from the University of Rochester.