The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Fields of interest Banking, Industrial Organization, Corporate Finance, Bank Finance and Real Activity
Nicola Cetorelli is an Assistant Vice President in the Financial Intermediation Function at the Federal Reserve Bank of New York. He is also a Fellow of the Wharton Financial Institutions Center. Prior to joining the New York Fed, he was a Senior Economist at the Federal Reserve Bank of Chicago. His research focuses on the industrial organization and the corporate finance characteristics of the banking industry and the relationships with real economic activity. He has published or has articles forthcoming, among others, in the Journal of Finance, the Journal of Economic Theory, the Journal of Money, Credit and Banking, the Journal of Economic Dynamics and Control and various policy journals.