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About the New York Fed
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- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
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- As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
  
  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.
  
  Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
  
  The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
Financial Services & Infrastructure
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- 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 provides a wide range of payment services for financial institutions and the U.S. government.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
  
  The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
Community Development
& Education

Jason Somerville

Research Economist
Consumer Behavior Studies
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

Phone (212) 720-6960
jason.somerville@ny.frb.org


Bio

Fields of interest

Behavioral Economics, Experimental Economics, Public Economics

Jason Somerville is a research economist in Consumer Behavior Studies within the Household and Public Policy Research Division. His research applies concepts from behavioral economics to a broad set of topics. His current research explores how choice-set composition can shape preferences, the impact of administrative burden on the take-up of welfare programs, and the role of memory in shaping demand for redistribution. Jason received his Ph.D. from Cornell University in 2020.

Jason Somerville's CV PDF

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