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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Center for Financial Research

Philip Ostromogolsky


Philip Ostromogolsky
Senior Financial Economist
Federal Deposit Insurance Corporation
550 17th Street NW
Washington, DC 20429
Phone: 202-898-6585
Fax: 202-898-3500
Email: POstromogolsky@fdic.gov



 Philip Ostromogolsky Curriculum Vitae - PDF (PDF Help)

  • Publications
  • Working Papers
  • Biography

    Philip Ostromogolsky is a Financial Economist at the FDIC Center for Financial Research. Philip joined the FDIC in 2012 after receiving his PhD in Financial Economics from Yale. His current research focuses on the movement of risk between banks and non-bank financial institutions during financial crises. His dissertation studied the role of lender-borrower relationships in small business lending, using modern econometric techniques to account for the endogeneity of bank-firm relationships. His interests include banking, credit risk, and microeconometrics. Before entering graduate school, Philip spent three years as a research assistant at the Board of Governors of the Federal Reserve. He received a BA in Economics and Mathematics from Yale in 2003.

  • Publications

    Selected Publications

    Berger, Allen and Philip Ostromogolsky. 2009. The Effects of Banks on ‘Debt-Sensitive’ Small Businesses. Journal of Financial Economic Policy 1(1), 44-79.

    Ostromogolsky, Philip. 2006. “Banking Market Structure, Firm Transparency, and Their Effect on the Smallest of Small Businesses.” Proceedings of the 42nd Annual Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago.

  • Working Papers

    Working Papers

    Ostromogolsky, Philip. 2017. Lender-Borrower Relationships and Loan Origination Costs. FDIC Center for Financial Research Working Paper No. 2017-03.

    Aytekin Ertan, Stephen A. Karolyi and Philip Ostromogolsky. 2013. "Loan Covenant Slack and Corporate Bankruptcy in the Great Recession."

  • Presentations

    Presentations

    Conference
    Jun 2017
    Western Economic Association International Annual Conference
    Lender-Borrower Relationships and Loan Origination Costs

    Discussion
    Mar 2017
    Chicago Financial Institutions Conference
    Discussion of “Bank deposits and the stock market” by Leming Lin

    Seminar (coauthor presented)
    Mar 2017
    Ohio State University Finance Alumni Conference
    Shadow Banks or Banks in the Shadow? The Case of Money Market Funds

    Conference
    Feb 2017
    Eastern Economic Association Annual Conference
    Lender-Borrower Relationships and Loan Origination Costs

    Seminar
    Feb 2012
    University of North Carolina at Chapel Hill
    The Strategic Value of Lending Relationships

    Seminar
    Jan 2012
    Rice University
    The Strategic Value of Lending Relationships

    Conference
    May 2006
    42nd Annual Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago
    Banking Market Structure, Firm Transparency, and Their Effect on the Smallest of Small Businesses

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