Stanislava (Stas) Nikolova
Senior Financial Economist
Office of Investments and Intermediaries

Education Summary

  • Ph.D. Finance, University of Florida, 2004
  • B.S. Management, State University of New York - Geneseo, 1998

Fields of Interest

  • Fixed-income securities
  • Banks and depository institutions
  • Ratings and rating agencies
Senior Financial Economist
Division of Risk, Strategy and Financial Innovation
U.S. Securities and Exchange Commission
2010–present
Adjunct Professor of Finance
Kogod School of Business
American University
2011
Visiting Academic Scholar
Division of Risk, Strategy and Financial Innovation
U.S. Securities and Exchange Commission
2008–2010
Assistant Professor of Finance
George Mason University
2004–2010
  • Gergana Jostova, Stanislava (Stas) Nikolova, Alexander Philipov and Christof W. Stahel, Momentum in Corporate Bond Returns, 2013, Review of Financial Studies, Forthcoming.
  • Mark J. Flannery, Stanislava (Stas) Nikolova and Özde Öztekin, Leverage Expectations and Bond Credit Spreads, 2012, Journal of Financial and Quantitative Analysis 47, 689-714. [Lead article]
  • Mark J. Flannery and Stanislava Nikolova, Market Discipline of U.S. Financial Firms: Recent Evidence and Research Issues, 2004, in Claudio Borio, William C. Hunter, George Kaufman, and Kostas Tsatsaronis, ed. Market Discipline Across Countries and Industries (MIT Press).

Conference Activities

Paper presentation (by co-author), 2012 WFA Conference
Discussant, 2012 GMU Conference on Investor Protection, Corporate Governance, and Fraud Prevention
Paper presentation (by co-author), 2011 Asian Finance Association Conference
Panel participant and discussant, 2011 FMA Conference
Panel participant, 2011 Midwest Finance Association Conference
Paper presentation, 2011 FIRS Conference
Paper presentation (by co-author), 2011 World Finance Conference
Discussant, 2010 FIRS Conference
Discussant, 2010 Notre Dame Conference on Current Topics in Market Regulation
Paper presentation, 2010 FMA Conference
Paper presentation, discussant and session chair, 2010 FMA European Conference
Program committee member, 2009 FMA Conference
Discussant, 2009 FIRS Conference
Paper presentation, 2008 FMA Conference
Program committee member and session chair, 2008 Washington Area Finance Association Conference
Paper presentation and discussant, 2007 EFMA Conference
Paper presentation and discussant, 2007 FMA European Conference
Paper presentation (by co-author), 2006 FDIC/JFSR Conference on U.S. Implementation of Basel II
Session chair, 2005 FMA Conference
Discussant, 2004 FMA Conference
Paper presentation and discussant, 2003 FMA Conference
Paper presentation, 2003 BIS/Federal Reserve Bank of Chicago Conference on Market Discipline

University Presentations

Office of the Comptroller of Currency, 2010
Federal Deposit Insurance Corporation, 2008
U.S. Commodity Futures Trading Commission, 2008
U.S. Securities and Exchange Commission, 2008
American University, 2006
Baruch College, 2004
San Francisco State University, 2004
Seattle University, 2004
George Mason University, 2004
Federal Reserve Board of Governors, 2004
Ohio University, 2004
Moody's KMV, 2004