Meet the Economists
Doriana Ruffino
[email protected]
Education
- Ph.D., Economics, Boston University, 2008
- M.A., Political Economy, Boston University, 2006
- B.A., Economics, Universita Degli Studi di Torino, 2004
- Behavior and functions of SIFIs
- Risks to financial stability
Assistant Director
Board of Governors of the Federal Reserve System
2023 - presentManager
Board of Governors of the Federal Reserve System
2019 - 2023Principal Economist
Board of Governors of the Federal Reserve System
2015 - 2019Economist
Board of Governors of the Federal Reserve System
2013 - 2015Assistant Professor
University of Minnesota
2008 - 2013
- Bank Complexity: Is Size Everything?
Jeremy Oldfather, Stefan Gissler, and Doriana Ruffino
FEDS Notes (2016)
https://doi.org/10.17016/2380-7172.1802 - Lending on Hold: Regulatory Uncertainty and Bank Lending Standards
Stefan Gissler, Jeremy Oldfather, and Doriana Ruffino
Journal of Monetary Economics (2016)
https://doi.org/10.1016/j.jmoneco.2016.03.011 - Some Implications of Knightian Uncertainty for Finance and Regulation
Doriana Ruffino
FEDS Notes (2014)
https://doi.org/10.17016/2380-7172.0013 - A Robust Capital Asset Pricing Model
Doriana Ruffino
Finance and Economics Discussion Series (2014)
https://doi.org/10.17016/FEDS.2014.01 - Resuscitating businessman risk: A rationale for familiarity-based portfolios
Doriana Ruffino
Review of Economic Dynamics (2014)
https://doi.org/10.1016/j.red.2013.03.003 - Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
Fabio Maccheroni, Massimo Marinacci, and Doriana Ruffino
Econometrica (2013)
https://doi.org/10.3982/ECTA9678 - Real Options
Doriana Ruffino
Encyclopedia of Quantitative Finance (2010)
https://doi.org/10.1002/9780470061602.eqf03014 - Contingent Claims Analysis and Life-Cycle Finance
Zvi Bodie, Doriana Ruffino, and Jonathan Treussard
American Economic Review: Papers and Proceedings (2008)
https://doi.org/10.1257/aer.98.2.291 - New Frontiers of Real Options: Rational Life-Cycle Decisions under Uncertainty
Doriana Ruffino
Boston University (2008) - Financial Frictions and Risky Corporate Debt
Doriana Ruffino and Jonathan Treussard
Economic Notes (2007)
https://doi.org/10.1111/j.1468-0300.2007.00172.x - Derman and Taleb's 'The Illusions of Dynamic Replication': A Comment
Doriana Ruffino and Jonathan Treussard
Quantitative Finance (2006)
https://doi.org/10.1080/14697680600868283 - A Study of Inaction in Investment Games via the Early Exercise Premium Representation
Doriana Ruffino and Jonathan Treussard
Working Papers Series (Boston University. Department of Economics) (2006) - Lumps and Clusters in Duopolistic Investment Games: An Early Exercise Premium Approach
Doriana Ruffino and Jonathan Treussard
Working Papers Series (Boston University. Department of Economics) (2006) - Optimal Age-Based Portfolios with Stochastic Investment Opportunity Sets
Doriana Ruffino and Jonathan Treussard
Working Papers Series (Boston University. Department of Economics) (2006) - A Note on Financial Frictions and Risky Corporate Debt in Relation to Cooley and Quadrini (2001)
Doriana Ruffino and Jonathan Treussard
Working Papers Series (Boston University. Department of Economics) (2006)
conference
2015Carnegie-Rochester-NYU Conference on Policy Uncertainty
Lending on Hold: Regulatory Uncertainty and Bank Credit Standards
conference
201511th World Congress of the Econometric Society
A Robust Capital Asset Pricing Model
conference
2015Financial Intermediation Research Society (FIRS) Annual Meeting
Discussion of "License to Spend: Consumption-Income Sensitivity and Portfolio Choice," by Jawad M. Addoum, Stefanos Delikouras, George M. Korniotis.
conference
2015Midwest Finance Association (MFA) Annual Meeting
A Robust Capital Asset Pricing Model
conference
2015Midwest Finance Association (MFA) Annual Meeting
Discussion of "Doubts and Variability: A Robust Perspective on Exotic Consumption Series," by Rhys Bidder and Matthew E. Smith.
seminar
2014American University
A Robust Capital Asset Pricing Model
conference
2014Midwest Finance Association (MFA) Annual Meeting
Job Shopping: A Theory of Human Capital Accumulation
conference
2014European Economic Association (EEA) Meetings
A Robust Capital Asset Pricing Model
conference
2014North American Summer Meeting of the Econometric Society
A Robust Capital Asset Pricing Model
conference
2013Financial Intermediation Research Society (FIRS) Annual Meeting
Job Shopping: A Theory of Human Capital Accumulation
seminar
2013Federal Reserve Bank of Atlanta
Job Shopping: A Theory of Human Capital Accumulation
seminar
2012Federal Reserve Board
Job Shopping: A Theory of Human Capital Accumulation
conference
2012Midwest Finance Association (MFA) Annual Meeting
Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
discussion
2011European Finance Association (EFA) Annual Meeting
Macroeconomic Uncertainty, Difference in Beliefs, and Bond Risk Premia - by Andrea Buraschi and Paul Whelan
conference
2011Society for Economic Dynamics (SED) Annual Meeting
Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
conference
2011Mini-conference in Asset Pricing
Estimating Return Parameters with Short Historical Data: The Case of U.S. Treasury Inflation-Protected Securities
conference
2011XXXVI Simposio de la Asociaci�spa� de Econom�(SAEe)
Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
seminar
2011University of Iowa
Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
seminar
2011Universitat Aut�a de Barcelona
Pricing Policies by Dominant Firms: The Gorilla Sleeps Anywhere the Gorilla Wants to Sleep
seminar
2011ESADE
Pricing Policies by Dominant Firms: The Gorilla Sleeps Anywhere the Gorilla Wants to Sleep
seminar
2011Universita Pompeu Fabra
Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
conference
2010XXXV Simposio de la Asociaci�spa� de Econom�(SAEe)
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2010CEMFI
Alpha as Ambiguity: Robust Mean-Variance Portfolio Analysis
discussion
2010Corporate Finance Conference, University of Minnesota
Market Timing, Investment, and Risk Management - by Patrick Bolton, Hui Chen and Neng Wang
discussion
2009Macro-Finance Conference, University of Minnesota
Bursting Bubbles: Consequences and Cures - by Narayana Kocherlakota
conference
2008European Economic Association (EEA) Meetings
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
conference
2008Annual Meeting Allied Social Science Associations (ASSA)
Contingent Claims Analysis and Life-Cycle Finance
seminar
2008University of Illinois at Urbana-Champaign
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008Associazione Borsisti Marco Fanno
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008Universita Bocconi
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008CEMFI
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008Collegio Carlo Alberto
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008University of California Berkeley
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008University of Minnesota
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008Universita Pompeu Fabra
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2008Universitat Autonoma de Barcelona
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
seminar
2007Ente Luigi Einaudi
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
conference
2007Boston University – Boston College Macroeconomic Meeting
Resuscitating Businessman Risk: A Rationale for Familiarity-Based Portfolios
conference
2007Society for Economic Dynamics (SED) Annual Meeting
"Lumps and Clusters in Duopolistic Investment Games: An Early Exercise Premium Approach
conference
200711th Annual International Conference on Real Options
"Lumps and Clusters in Duopolistic Investment Games: An Early Exercise Premium Approach
conference
2007Midwest Finance Association (MFA) Annual Meeting
"Lumps and Clusters in Duopolistic Investment Games: An Early Exercise Premium Approach
Awards
- 2011
Collegio Carlo Alberto
Collegio Carlo Alberto Research Grant
- 2011
University of Minnesota
Deans' Small Research Grant
- 2009
University of Minnesota
Deans' Small Research Grant
- 2008
Ente Luigi Einaudi
Scholarship "Luigi Einaudi"
- 2007
Ente Luigi Einaudi
Scholarship "Luigi Einaudi"
- 2007
Journal of Economic Dynamics and Control
Outstanding Referee Award
- 2007
Institute for Economic Development
Travel Grant
- 2007
Boston University
Summer Research Award
- 2007
PRMIA Institute
Higher Standard Award
- 2006
Bank of Italy
Scholarship "Bonaldo Stringher"
- 2005
Bank of Italy
Scholarship "Bonaldo Stringher"
- 2005
Unione Industriale di Torino
Premio Optime
- 2004
Boston University
Presidential fellowship
Conference Organization
2011, 2012 | University of Minnesota
Mini-conference in Asset Pricing
Program Committee Member
Referee
- European Journal of Finance
- Economics Letters
- Review of Financial Studies
- Journal of Monetary Economics
- Finance Research Letters
- Journal of Economic Theory
- American Economic Review
- Economic Modeling
- Journal of Economic Dynamics and Control
- Journal of Risk and Insurance
- Management Science
- Handbook of Technology Management