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.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Fields of interest Capital Flows, Exchange Rates, International Trade, European economic issues
Mr. Klitgaard is the Head of the International Research Function. He studies cross-border financial flows and coordinates the Bank's global outlook. Mr. Klitgaard received B.A. degrees in both mathematics and economics from the University of California, Berkeley and a Ph.D. in economics from Stanford University.