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

Fields of Interest
International Finance
Portfolio Choice
Asset Pricing

Education
Ph.D., Finance, University of Chicago Graduate School of Business, 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 Derivatives Trading, Citigroup, 1998-1999
Vice President/Associate - Fixed Income Derivatives Research, Salomon Brothers, 1994-1998
Senior/Staff Consultant, Price Waterhouse, 1990-1994

Selected Publications

• ''Cross-Border Returns Differentials'' (with Tomas Dvorak and Francis E. Warnock), Quarterly Journal of Economics, vol. 123 (November 2008), pp. 1495-1530.
• Current Account Sustainability and Relative Reliability (with Charles P. Thomas and Francis E. Warnock), International Finance Discussion Papers 947. Washington: Board of Governors of the Federal Reserve System, 2008.
• 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, Deborah Lucas, and Damien Moore), in Yacine Ait-Sahalia and Lars P. Hansen, eds., Handbook of Financial Econometrics. Amsterdam: Elsevier Science, 2007.