Education

Teaching

Publications

Economic resources

Personal

Cat-proof flower arrangements

6106 Rockefeller Hall
Hanover, NH 03755
katerina.v.simons "at" dartmouth.edu

Professional Experience

2001 - Present  Dartmouth College                           Visiting Assistant Professor
1989 - 2001      Federal Reserve Bank of Boston    Economist
1986-1989        Comptroller of the Currency             Financial Economist
1984-1986        Northeastern University                    Lecturer in Economics

Education

1986                     Ph.D. in Economics, Yale University
1984                     MA in Economics, Yale University
1980                     BA cum laude, Barnard College

Teaching

I taught four courses at Dartmouth – Introductory Microeconomics, Intermediate Microeconomics, Financial Institutions and Finance Theory.  Course descriptions follow:

 Economics 1: The Price System  

This is an introductory course of microeconomics covering consumer choice, the behavior of profit-maximizing firms, competitive markets, monopolies, oligopolies and monopolistic competition. Applications focus on externalities, government policies, taxes, and environmental economics. I taught this course in Spring '03 and Winter '04. 

Economics 21: Intermediate Microeconomics

This course is a study of the pricing and allocation process in the private economy. Topics include the theories of demand and production, and the determination of prices and quantities for commodities and factors of production in competitive and noncompetitive markets. Applications of the theory and its implications for empirical analysis are also considered. 

 Economics 26: Financial Institutions and Markets

This course examines the economics of financial intermediaries, such as commercial banks, and of financial markets, such as the money market, the capital market, and the market for derivatives. It considers public policy towards the financial system, especially the regulation of commercial banking. I taught this course in Fall '02, Fall '04, Spring ’05, and Fall ‘05.

 Economics 36: Theory of Finance   

This course studies decision making under risk and uncertainty, capital budgeting and investment decisions, portfolio theory and the valuation of risky assets, efficiency of capital markets, option pricing, and problems of asymmetric information.  I taught this course in Fall '01, Winter ’01, Fall '03 and Winter ’04.

Publications

New England Economic Review

“The Use of Value at Risk by Institutional Investors” November/December 2001

"Should U.S. Investors Invest Overseas?" November/December 2000

"Risk-Adjusted Performance of Mutual Funds" November/December 1999

"Has Antitrust Policy in Banking Become Obsolete?"   with Johanna Stavins. March/April 1998.

"Model Error." November/December 1997.

"Value at Risk New - Approaches to Risk Management" September/October 1996. 

"Managing Risk in the '90s: What Should You Be Asking about Derivatives?" with Cathy Minehan. September/October 1995.

"Interest Rate Derivatives and Asset-Liability Management by Commercial Banks." January/February 1995.

"A New Look at Reverse Mortgages: Potential Market and Institutional Constraints." with Christopher Mayer. March/April 1994.

"Interest Rate Structure and the Credit Risk of Swaps" July/August 1993.

"Why Do Banks Syndicate Loans?" January/February 1993.

"The Advantages of 'Transferable Puts' for Loans at Failed Banks." with Eric Rosengren. March/April 1992.

"Mutual-to-Stock Conversions by New England Savings Banks: Where Has All the Money Gone?" March/April 1992.

"Do Capital Markets Predict Problems in Large Commercial Banks?" with Stephen Cross. May/June 1991.

"New England Banks and the Texas Experience." September/October 1990.

"Measuring Credit Risk in Interest Rate Swaps." November/December 1989.

Articles in Refereed Journals

"Reverse Mortgages and the Liquidity of Housing Wealth" with Christopher Mayer. Journal of the American Real Estate and Urban Economics Association. 1994, V22, 2: pp. 235-255.

"Failed Bank Resolution and the Collateral Crunch: The Advantages of Adopting Transferable Puts" with Eric Rosengren. Journal of the American Real Estate and Urban Economics Association. 1994, V22, 1: pp. 135-147.