Ding Du

Senior Financial Economist

Commercial Credit Risk Analysis Division

Dr. Ding Du is a Senior Financial Economist in the Commercial Credit Risk Analysis Division within the Economics Department of the Office of the Comptroller of the Currency (OCC).

Prior to joining the OCC in 2017, Dr. Du taught at universities for 14 years. Dr. Du's current research focuses on systematic and systemic risk of banks. Dr. Du earned a Ph.D. in Economics from West Virginia University and an M.A. in Economics from Nankai University in China.

  1. Du, D. (2019) Forecasting Credit Losses with the Reversal in Credit Spreads, Economics Letters 178, 95-97.
  2. Du, D., & Osmonbekov, T. (2019) Direct Effect of Advertising Spending on Firm Value: Moderating Role of Financial Analyst Coverage, International Journal of Research in Marketing , forthcoming.
  3. Du, D., & Rousse, W. (2018) Foreign capital flows, credit spreads, and the business cycle, Journal of International Financial Markets, Institutions and Money , 57, 59-79.
  4. Du, D., & Hu, O. (2018). The Sentiment Premium and Macroeconomic Announcements. Review of Quantitative Finance and Accounting 50, 207–237 (Semifinalist, 2015 FMA Best Paper in Investments).
  5. Du, D. (2017) US Macro Announcements and International Asset Pricing. International Journal of Finance and Economics 22, 255–437.
  6. Balvers, R., Du, D., & Zhao, X. (2017). Temperature Shocks and the Cost of Equity Capital: Implications for Climate Change Perceptions. Journal of Banking and Finance 77, 18–34.
  7. Du, D., Hu, O., Zhao, X. (2016). Currency Risk Premium and US Macroeconomic Announcements. Journal of Financial Research 39, 359–388.
  8. Du, D., Ng, P., & Lew, A. (2016). Tourism and Economic Growth. Journal of Travel Research 55, 454-464 (The recipient of the 2016 Charles R. Goeldner Article of Excellence Award in Journal of Travel Research).
  9. Du, D., & Hu, O. (2015). The World Market Risk Premium and U.S. Macroeconomic Announcements. Journal of International Money and Finance 58, 75-97.
  10. Zhao, X., & Du, D. (2015). Forecasting carbon dioxide emissions, Journal of Environmental Management 160, 39-44.
  11. Du, D. & Hu, O. (2014). Cash Flow, Currency Risk, and the Cost of Capital. Journal of Financial Research 37, 139–158 (Lead article).
  12. Du, D. & Hu, O. (2014). Long-Run Component of Foreign Exchange Volatility and Stock Returns, Journal of International Financial Markets, Institutions & Money 31, 268–284 (Summarized in CFA Digest (2014), 44, 268-284).
  13. Du, D. (2013). Another Look at the Cross-section and Time-Series of Stock Returns: 1951 to 2011. Journal of Empirical Finance 20, 130–146.
  14. Du, D., Ng, P., & Zhao, X. (2013). Measuring Currency Exposure with Quantile Regression. Review of Quantitative Finance and Accounting 41, 549-566.
  15. Du, D. & Hu, O. (2012). Foreign Exchange Volatility and Stock Returns. Journal of International Financial Markets, Institutions & Money 22, 1202– 1216.
  16. Du, D. & Hu, O. (2012). Exchange Rate Risk in the US Stock Market. Journal of International Financial Markets, Institutions & Money 22, 137– 150.
  17. Du, D., Huang, Z., & Blanchfield, P. J. (2009). Do Fixed Income Mutual Fund Managers Have Managerial Skills? Quarterly Review of Economics and Finance 49, 378-397.
  18. Du, D. (2008). The 52-week High and Momentum Investing in International Stock Indexes. Quarterly Review of Economics and Finance 48, 61-77 (Summarized in CFA Digest (2008) 38, 43-44).
  19. Du, D. & Watkins, B. (2007). When Competing Momentum Hypotheses Really Do Not Compete: How the Sources of Momentum Profits Change through Time. Journal of Economics and Business 59, 130-143.
  20. Du, D. (2006). Monetary Policy, Stock Returns and Inflation. Journal of Economics and Business 58, 36-54.
  21. Du, D. & Denning, K. (2005). Industry Momentum and Common Factors. Finance Research Letters 2, 107-124 (Lead article).
  1. Du, D., "Monetary Policy, Credit Spreads, and Corporate Financing and Investment", R&R, Journal of Money, Credit and Banking
  2. Du, D. (2020), "Profits, Credit Spreads, and Fragility of Banks," OCC Working Papers - Banking Performance and Regulation.

  3. Du, D. and Zhao, X. (2020), "Hurricanes and Residential Mortgage Loan Performance," OCC Working Papers - Banking Performance and Regulation.