Emily Johnston Ross is a Senior Financial Economist at the FDIC Center for Financial Research in the Division of Insurance and Research.
Her research interests include bank failure and resolution strategies, private equity, depositor stability, deposit franchise value, and commercial real estate lending.
She received her MA and PhD in Economics from The City University of New York, and a BA in Liberal Arts from St. John's College.
Emily Johnston-Ross Curriculum Vitae
Publications
Johnston Ross, E., Ma, S. and M. Puri. 2025. "Private Equity and Financial Stability: Evidence from Failed‐Bank Resolution in the Crisis," Journal of Finance, 80(1): 163-210.
Winner of GARP Best Paper in Risk Management Award, Midwest Finance Association
Baudino, P., Johnston Ross, E., Van Roosebeke, B. and R. Vrbaski. 2023. "FSI Insights No 55 Bank transfer in resolution - practices and lessons," FSI Insights no.55.
Johnston Ross, E. and L. Shibut. 2021. "Loss Given Default, Loan Seasoning and Financial Fragility: Evidence from Commercial Real Estate Loans at Failed Banks," The Journal of Real Estate Finance and Economics 63(4): 630-661.
Working Papers
Ahmed, R., Du, F., Gu, L., Henry, L., Inanoglu, H., Johnston Ross, E., Lynch, D., Morgan, D., Neamtu, I., Palvia, A., Pliszka, K., Sutton, G., Toader, O., Vagias, D. and S. Williams. 2026. "Literature review on non-maturity deposit stability: Established factors and recent developments," Basel Committee on Banking Supervision Working Paper 47.
Johnston Ross, E., Ma, S. and M. Puri. 2021. "Private Equity and Financial Stability: Evidence from Failed Bank Resolution in Crisis," FDIC Center for Financial Research Working Paper No. 2021-04.
Also published as National Bureau of Economic Research working paper: "NBER working paper No.w28751", May 2021.
Johnston Ross, E., Nichols, J. and L. Shibut. 2021. "Determinants of Losses on Construction Loans: Bad Loans, Bad Banks, or Bad Markets?" FDIC Center for Financial Research Working Paper No. 2021-07.
Johnston Ross, E. and L. Shibut. 2015. "What Drives Loss Given Default? Evidence from Commercial Real Estate Loans at Failed Banks," FDIC Center for Financial Research Working Paper No. 2015-03.