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Photo of Kleopatra Nikolaou

Kleopatra Nikolaou

Principal Economist

Short-Term Funding Markets Section

Research and Statistics

202-475-6308
kleopatra.nikolaou@frb.gov
Education
  • Ph.D., International Finance, Warwick Business School, 2007
  • M.Sc., Economics and Finance, Warwick Business School, 2002
  • B.Sc., International and European Economic Studies, Athens University of Economics and Business, 2000
  • Current Research Topics

  • Repo markets and short-term funding instruments
  • Money market behaviour - Liquidity risk
    • Principal Economist

      Board of Governors of the Federal Reserve System

    • 2015 - present
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 2013 - 2015
    • Economist

      European Central Bank, Division of Monetary Policy Stance, ECB Missions in Program Countries

    • 2008 - 2013
    • Graduate Program Participant

      European Central Bank, Division of Financial Research, Division of Capital Markets

    • 2006 - 2008
  • Brousseau, Vincent, Kleopatra Nikolaou, and Huw Pill. (2014). "Modeling Money Market Spreads: What do we Learn about Refinancing Risk?" Finance and Economics Discussion Series 2014-112. Board of Governors of the Federal Reserve System (U.S.).
  • Drehmann, Mathias, and Kleopatra Nikolaou (2013). "Funding Liquidity Risk: Definition and Measurement," Journal of Banking and Finance, vol. 37, no. 7, pp. 2173-2182.
  • Modugno, Michele, and Kleopatra Nikolaou (2009). "The Forecasting Power of International Yield Curve Linkages," Working Paper Series 1044. European Central Bank.
  • Nikolaou, Kleopatra (2009). "Liquidity (Risk) Concepts - Definitions and Interactions," Working Paper Series 1008. European Central Bank.
  • Nikolaou, Kleopatra (2008). "The Behaviour of the Real Exchange Rate: Evidence from Regression Quantiles," Journal of Banking and Finance, vol. 32, no. 5, pp. 664-679.
  • Nikolaou, Kleopatra, and Lucio Sarno (2006). "New Evidence on the Forward Unbiasedness Hypothesis in the Foreign-Exchange Market," Journal of Futures Markets, vol. 26, no. 7, pp. 627-656.
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Last update: December 14, 2015