Principal Researcher
Teodora Paligorova is a Principal Researcher in the Financial Studies Division in the Financial Stability Department. Her research interests are in the areas of capital markets, corporate finance, financial systems design, and financial intermediation. Specific topics include monetary policy and the cost of funding for corporations, capital structure over the business cycle, firm hedging activities. Teodora Paligorova received her PhD in economics from the Center for Economic Research & Graduate Education in Prague.