Banking, Industrial Organization, Corporate Finance, Bank Finance and Real Activity
Nicola Cetorelli is the head of Non-Bank Financial Institution Studies within the Financial Intermediation Policy Research Division. Prior to joining the New York Fed, he was a Senior Economist at the Federal Reserve Bank of Chicago. His research has focused on the industrial organization and the corporate finance characteristics of the banking industry and the relationships with real economic activity. More recently he has worked on themes of international banking and related to the evolution of financial intermediation. He has published in a number of scholarly journals, among which The Journal of Finance, Journal of Economic Theory, American Economic Review, Journal of International Economics. He has also written many articles in various policy journals and book chapters as well. He received his Ph.D. in Economics from Brown University and a B.A. from the University of Rome, Italy.
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