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.
Household Debt and Saving during the 2007 Recession
With Rajashri Chakrabarti, Donghoon Lee, and Wilbert van der Klaauw
Accepted in NBER book Wealth, Financial Intermediation and the Real Economy, Charles Hulten, Michael Palumbo, and Marshall Reinsdorf, editors.
Determinants of College Major Choice: Identification Using an Information Experiment
With Matthew Wiswall
Accepted at the Review of Economic Studies
The Price is Right: Updating of Inflation Expectations in a Randomized Price Information Experiment
With Olivier Armantier, Scott Nelson, Giorgio Topa and Wilbert van der Klaauw
Accepted at the Review of Economics and Statistics
Inflation Expectations and Behavior: Do Survey Respondents Act on their Beliefs? With Olivier Armantier, Wändi Bruine de Bruin, Giorgio Topa and Wilbert van der Klaauw Conditionally accepted at the International Economic Review
Heterogeneous Inflation Expectations, Learning, and Market Outcomes With Carlos Madeira Journal of Money, Credit, and Banking, Forthcoming
Basit Zafar's CVThe views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.