Contact Information
202-452-3896
stephanie.e.curcuru@frb.gov

Fields of Interest
International Capital Flows
Portfolio Choice
Asset Pricing

Education
Ph.D., Finance, University of Chicago, 2005
M.S., Applied Mathematics, New York University, 1999
B.S., Mechanical & Aerospace Engineering, Princeton University, 1990

Professional Experience
Board of Governors of the Federal Reserve System, 2005-present
Vice President - Fixed Income Derivative Trading, Citigroup, 1997-1999
Vice President/Associate - Fixed Income Derivatives Research, Salomon Brothers, 1994-1997
Senior Consultant, Price Waterhouse, 1990-1994

Selected Publications

• The Stability of Large External Imbalances: The Role of Returns Differentials (with Tomas Dvorak and Francis E. Warnock), International Finance Discussion Papers 894. Washington: Board of Governors of the Federal Reserve System, 2007.
• ''U.S. Cross-Border Derivatives Data: A User's Guide,'' Federal Reserve Bulletin, vol. 93 (May 2007).
• ''Heterogeneity and Portfolio Choice: Theory and Evidence'' (with John Heaton and Deborah Lucas), in Yacine Ait-Sahalia and Lars P. Hansen, eds., Handbook of Financial Econometrics. Amsterdam: Elsevier Science, 2007.