Authors: Ellen Correia Golay, Steve Friedman, and Michael McMorrow
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The mission of the Applied Macroeconomics and Econometrics Center (AMEC) is to provide intellectual leadership in the central banking community in the fields of macro and applied econometrics.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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The New York Fed provides a wide range of payment services for financial institutions and the U.S. government.
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Current Issues in Economics and Finance
Understanding the New York Fed's Survey of Primary Dealers
Volume 19, Number 6, 2013
JEL classification: A10,A23
The New York Fed’s Survey of Primary Dealers plays a key role in the Federal Reserve’s understanding of market expectations for monetary policy and the economy, providing timely and comprehensive dealer insight into a range of topics. In recent years, the survey has evolved to reflect the changing macroeconomic environment brought about by the financial crisis and by the Fed’s move into new policy tools aimed at adjusting the size and composition of its balance sheet and giving more explicit forward guidance on the path of short-term interest rates. This study offers an in-depth look at the survey and discusses its structure and evolution.
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