Biography
Todd Prono is a Financial Economist in the Supervision, Regulation, and Credit Department at the Federal Reserve Bank of Boston. His current research interests include higher moment-based identification and the relationship between market skewness and asset returns.

Todd received his B.A. in economics and English from Cornell University and his Ph.D. in economics from Boston College.

Education

Ph.D., Boston College, 2006

B.A., Cornell University, 1999

Work experience

Federal Reserve Bank of Boston

Economist, 2006-

Boston College

Teaching Fellow, 2005
Teaching Assistant, 2004-2005, 2002-2003
Statistical Assistant, 2003-2004
Research Assistant, 2001-2002

JPMorgan Securities, Inc.

Analyst, High Yield Research, 1999-2001

Publications

Journals

“Loss Distribution Estimation, External Data and Model Averaging,” with Ethan Cohen-Cole. Journal of Financial Risk Management. 4(4), 2007.

Working papers

“GARCH-Based Identification and Estimation of Triangular Systems,” FRB Boston QAU Series, paper no. QAU08-4 (2008). (Forthcoming)

“The Relative Efficiency of Endogenous Proxies: Still Living with the Roll Critique,” FRB Boston QAU Series, paper no. QAU07-2 (2007).

“GARCH-Based Identification of Endogenous Regressors,” unpublished Ph.D. dissertation, Boston College.

Professional service

Referee: Quantitative Finance, Journal of Empirical Finance