Altan Pazarbasi
Assistant Professor of Finance
Altan Pazarbasi is an assistant professor of finance at the Isenberg School of Management at UMass Amherst. His research focuses on asset pricing, macro-finance, and investments. Before joining UMass Amherst, Altan was an assistant professor of finance at Bilkent University and a visiting assistant professor of finance at the University of Iowa. He holds a PhD in Finance from the Frankfurt School of Finance and Management, an MBA from the University of Massachusetts Amherst, and a BSc in Industrial Engineering from Bogazici University. Prior to joining academia, he also worked in the industry as a research analyst, fund manager, and consultant. Altan is a CFA charterholder.
Research Interests
Teaching Interests
- Investments, Financial Modeling, Corporate Finance
- Financial Modeling
- Corporate Finance
- Financial Products & Modeling
- Financial Economics
Honors / Awards
Selected Working Papers / Current Research
Public Debt and Private Investment: The Role of Firm Leverage (with Alex Hsu and Andrea Tamoni)
Reaching for Beta (with Egemen Genc and Emanuel Moench)
Selected Publications
Cash Heterogeneity and the Payout Channel of Monetary Policy , The Journal of Finance, 2026, 81(4): 2371-2418, DOI: https://doi.org/10.1111/jofi.70059
Dispersion of Beliefs Bounds: Sentimental Recovery (with Paul Schneider and Grigory Vilkov), Management Science, 2024, 70(12), 8284-8300, DOI: https://doi.org/10.1287/mnsc.2022.01587