Meet the Researchers
Mary Tian
Education
- Ph.D., Finance, Sloan School of Management, Massachusetts Institute of Technology, 2011
- B.A., Economics, Stanford University, 2005
- B.S., Mathematics, Stanford University, 2005
- Asset pricing anomalies
- Financial intermediary asset pricing
Group Manager
Board of Governors of the Federal Reserve System
2021 - presentPrincipal Economist
Board of Governors of the Federal Reserve System
2018 - 2021Senior Economist
Board of Governors of the Federal Reserve System
2015 - 2018Economist
Board of Governors of the Federal Reserve System
2011 - 2015
- Risk-averse Dealers in a Risk-free Market - The Role of Trading Desk Risk Limits
Dan Li, Lubomir Petrasek, and Mary Tian
Finance and Economics Discussion Series (2025)
https://doi.org/10.17016/FEDS.2025.034 - Assessment of Dealer Capacity to Intermediate in Treasury and Agency MBS Markets
Paul Cochran, Lubomir Petrasek, Zack Saravay, Mary Tian, and Edward Wu
FEDS Notes (2024)
https://doi.org/10.17016/2380-7172.3610 - Dealers' Treasury Market Intermediation and the Supplementary Leverage Ratio
Paul Cochran, Sebastian Infante, Lubomir Petrasek, Zack Saravay, and Mary Tian
FEDS Notes (2023)
https://doi.org/10.17016/2380-7172.3341 - Non-bank financial institutions and the slope of the yield curve
Sebastian Infante, Phillip Monin, Lubomir Petrasek, and Mary Tian
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3185 - Insights from revised Form FR2004 into primary dealer securities financing and MBS activity
Sebastian Infante, Lubomir Petrasek, Zack Saravay, and Mary Tian
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3182 - Firm Characteristics and Empirical Factor Models: A Model Mining Experiment
Mary Tian
Review of Financial Studies (2021)
https://doi.org/10.1093/rfs/hhaa126
See also » FRB Working Paper (2012) - Use of the Federal Reserve's repo operations and changes in dealer balance sheets
Mark Carlson, Zack Saravay, and Mary Tian
FEDS Notes (2021)
https://doi.org/10.17016/2380-7172.2961 - Tradability of Output, Business Cycles, and Asset Prices
Mary Tian
Journal of Financial Economics (2018)
https://doi.org/10.1016/j.jfineco.2017.02.003
See also » FRB Working Paper (2015) - Differences in Stock Returns of U.S. Firms with High and Low Tradability
Mary Tian
IFDP Notes (2018)
https://doi.org/10.17016/2573-2129.39 - Taxonomy of Studies on Interconnectedness
Gazi Ishak Kara, Mary Tian, and Margaret Yellen
FEDS Notes (2015)
https://doi.org/10.17016/2380-7172.1569 - Bank Interventions and Options-Based Systemic Risk: Evidence from the Global and Euro-Area Crisis
Juan M. Londono and Mary Tian
International Finance Discussion Papers (2014)
https://doi.org/10.17016/IFDP.2014.1117 - Essays in Asset Pricing and International Finance
Mary Tian
Dissertations (Massachusetts Institute of Technology) (2011)
conference
June 2015IBEFA & FRBSF Conference
Bank Interventions and Downside Correlation Risk Premium: Evidence from the Global and Euro-area Crisis
discussion
June 2015IBEFA & FRBSF Conference
Low Real Rates as Driver of Secular Stagnation (J. Willem van den End and M. Hoeberichts)
conference
June 2015IBEFA & WEAI Conference
Bank Interventions and Downside Correlation Risk Premium: Evidence from the Global and Euro-area Crisis
discussion
June 2015IBEFA & WEAI Conference
Cash versus Debit Card: Role of Budget Control (L. Hernandez, N. Jonker, and A. Kosse)
seminar
May 2015IMF research seminar
Bank Interventions and Downside Correlation Risk Premium: Evidence from the Global and Euro-area Crisis
conference
January 2014American Finance Association annual meeting
Firm Characteristics and Empirical Factor Models: a Data-Mining Experiment
discussion
November 2013UNC Conference on Financial Economics and Accounting
Rare Disaster Concerns Everywhere (G. Gao and Z. Song)
conference
November 2013Southern Finance Association annual meeting
Bank Interventions and Options-based Systemic Risk: Evidence from the Global and Euro-area Crisis
discussion
November 2013Southern Finance Association annual meeting
Funding Liquidity Risk and the Cross-section of Stock Returns (J. Fontaine, R. Garcia, and S. Gungor)
conference
September 2013IFSID & Bank of Canada conference on derivatives
Bank Interventions and Options-based Systemic Risk: Evidence from the Global and Euro-area Crisis
conference
September 2013National Bank of Austria Conference on Banks and Governments in Globalized Financial Markets
Bank Interventions and Options-based Systemic Risk: Evidence from the Global and Euro-area Crisis
conference
August 2013European Finance Association annual meeting
Firm Characteristics and Empirical Factor Models: a Data-Mining Experiment
conference
July 2013European Summer Symposium in Financial Markets
Firm Characteristics and Empirical Factor Models: a Data-Mining Experiment
conference
May 2013FR System Conference on International Economic Analysis
Bank Interventions and Options-based Systemic Risk: Evidence from the Global and Euro-area Crisis
discussion
August 2011European Finance Association annual meeting
Financial Intermediaries and the Cross-Section of Asset Returns (T. Adrian, E. Etula, and T. Muir)
Referee
- Journal of Finance
- Review of Financial Studies
- Review of Finance
- Journal of Empirical Finance
- Journal of Banking and Finance
- Macro Dynamics