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 New York Fed engages with individuals, households and businesses in the Second District and maintains an active dialogue in the region. The Bank gathers and shares regional economic intelligence to inform our community and policy makers, and promotes
sound financial and economic decisions through community development and education programs.
Wilbert van der Klaauw is a labor economist and applied econometrician whose research interests include consumer subjective expectations, household financial behavior, the study of life cycle labor supply and occupational choice decisions, educational investment and productivity, and econometric approaches to program evaluation.
Joelle Scally is a senior data strategist, specializing in credit data and household finance. She helps explain insights and methods of CMD research to the public and plays a key role in producing the Quarterly Report on Household Debt and Credit.
Jason Bram's research and analysis focuses on the U.S. economy, with a primary emphasis on the Federal Reserve's Second District, which includes New York State, northern New Jersey, and southwestern Connecticut, as well as Puerto Rico and the U.S. Virgin Islands.
Rajashri Chakrabarti's primary areas of interest include public economics and public policy, economics of education, and labor economics. Her current research focuses on issues including accountability and school choice, and issues in higher education such as merit aid and early admissions to U.S. colleges.
Stefano Eusepi's current research focuses on the performance of monetary policy rules when agents' learning is required, the importance of central bank transparency on economic stability, and the effect of policymakers' commitment on a Taylor rule during the great inflation.
Maxim Pinkovskiy's particular interests are in understanding the dynamics of the health care sector in the United States. Other research interests include public economics, economic growth, and econometrics.
Giorgio Topa's primary research interests include applied microeconomics, labor economics, and applied econometrics. More specifically, he has been studying models of networks and local interactions, as well as devising econometric tools for the empirical implementation of such models.