Photo of Diana A. Iercosan

Diana A. Iercosan

Education

  • Ph.D., Economics, University of Maryland, 2011
  • B.A., Economics and Mathematics, Occidental College, 2006
Current Research Topics
  • Evolution of trading activities post-GFC
  • Economist

    Board of Governors of the Federal Reserve System

    2011 - present
  • Beyond Exceedance-Based Backtesting of Value-at-Risk Models: Methods for Backtesting the Entire Forecasting Distribution Using Probability Integral Transform
    Diana Iercosan, Alysa Shcherbakova, David McArthur, and Rebecca Alper
    Validation of Risk Management Models for Financial Institutions: Theory and Practice (2023)
    https://doi.org/10.1017/9781108608602.005
  • COVID-19 as a stress test: Assessing the bank regulatory framework
    Elizabeth Duncan, Akos Horvath, Diana Iercosan, Bert Loudis, Alice Maddrey, Francis Martinez, Timothy Mooney, Ben Ranish, Ke Wang, Missaka Warusawitharana, and Carlo Wix
    Journal of Financial Stability (2022)
    https://doi.org/10.1016/j.jfs.2022.101016
    See also » FRB Working Paper (2021)
  • Banks as Regulated Traders
    Antonio Falato, Diana Iercosan, and Filip Zikes
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2019.005r1
  • Banks' Backtesting Exceptions during the COVID-19 Crash: Causes and Consequences
    Alice Abboud, Chris Anderson, Aaron Game, Diana Iercosan, Hulusi Inanoglu, and David Lynch
    FEDS Notes (2021)
    https://doi.org/10.17016/2380-7172.2939
  • COVID-19 as a Stress Test: Assessing the Bank Regulatory Framework
    Alice Abboud, Elizabeth Duncan, Akos Horvath, Diana Iercosan, Bert Loudis, Francis Martinez, Timothy Mooney, Ben Ranish, Ke Wang, Missaka Warusawitharana, and Carlo Wix
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.024
  • Trading Activities at Systemically Important Banks, Part 3: What Drives Trading Performance?
    Diana Iercosan, Ashish Kumbhat, Michael Ng, and Jason Wu
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2025
  • Trading Activities at Systemically Important Banks, Part 2: What Happened during Recent Risk Events?
    Diana Iercosan, Ashish Kumbhat, Michael Ng, and Jason Wu
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2024
  • Trading Activities at Systemically Important Banks, Part 1: Recent Trends in Trading Performance
    Diana Iercosan, Ashish Kumbhat, Michael Ng, and Jason Wu
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2023
  • Discrete Choice under Spatial Dependence and a Model of Patent Renewal
    Diana Iercosan
    Dissertations (University of Maryland, College Park) (2011)
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Last Update: April 24, 2023