The Research and Statistics Group's Program for Resident Scholars brings to the Bank outstanding researchers with an international reputation.
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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.
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The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
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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Program for Resident Scholars
Resident scholars are selected from the top academic and policy institutions in fields related to the Bank’s broad policy interests. The scholars pursue their own research while providing intellectual leadership by advising and collaborating with our staff of more than sixty economists. They present their own work at Research Group seminars and attend presentations by others.
The resident scholars also work closely with the director of research, and have the opportunity to contribute to the Bank's main policymaking discussions on topics such as monetary policy and macroeconomics, international economics, banking supervision and regulation, capital markets, financial stability, and applied microeconomics with an emphasis on regional and national issues.
The program complements our Visiting Scholars Program, in which economists from major research institutions present their own work and make themselves available to discuss our staff's current research.
The resident scholars also work closely with the director of research, and have the opportunity to contribute to the Bank's main policymaking discussions on topics such as monetary policy and macroeconomics, international economics, banking supervision and regulation, capital markets, financial stability, and applied microeconomics with an emphasis on regional and national issues.
The program complements our Visiting Scholars Program, in which economists from major research institutions present their own work and make themselves available to discuss our staff's current research.
For the 2022-2023 academic year, the Research and Statistics Group is pleased to have in residence Darrell Duffie, the Adams Distinguished Professor of Management and Professor of Finance at Stanford Graduate School of Business.
Duffie is a Research Fellow of the National Bureau of Economic Research, a Fellow of the Econometric Society, and a Fellow of the American Academy of Arts and Sciences. Duffie is a past president of the American Finance Association. In 2014, he chaired the Market Participants Group, charged by the Financial Stability Board with recommending reforms to Libor, Euribor, and other interest rate benchmarks. He is a member of the Leadership Team of the G30 Working Group on Treasury Market Liquidity. Duffie’s recent books include Technology and Finance, with Thierry Foucault, Laura Veldkamp, and Xavier Vives, CEPR Press, 2022, Digital Currencies: The US, China, And The World At A Crossroads, with Elizabeth Economy, Hoover Press, March, 2022, and Post-Crisis Bank Regulations and Financial Market Liquidity, DeGruyter, 2022.
Darrell Duffie 9/22-3/23
Duffie is a Research Fellow of the National Bureau of Economic Research, a Fellow of the Econometric Society, and a Fellow of the American Academy of Arts and Sciences. Duffie is a past president of the American Finance Association. In 2014, he chaired the Market Participants Group, charged by the Financial Stability Board with recommending reforms to Libor, Euribor, and other interest rate benchmarks. He is a member of the Leadership Team of the G30 Working Group on Treasury Market Liquidity. Duffie’s recent books include Technology and Finance, with Thierry Foucault, Laura Veldkamp, and Xavier Vives, CEPR Press, 2022, Digital Currencies: The US, China, And The World At A Crossroads, with Elizabeth Economy, Hoover Press, March, 2022, and Post-Crisis Bank Regulations and Financial Market Liquidity, DeGruyter, 2022.
Darrell Duffie 9/22-3/23
Simon Gilchrist 5/19-12/20
Professor of Economics at New York University
Professor of Economics at New York University
Kenneth D. West 01/17 - 06/17
John D. MacArthur and Ragnar Frisch Professor of Economics at the University of Wisconsin-Madison
John D. MacArthur and Ragnar Frisch Professor of Economics at the University of Wisconsin-Madison
S. “Vish” Viswanathan 11/15 - 07/16
F. M. Kirby Professor of Investment Banking, Fuqua School of Business, Duke University
F. M. Kirby Professor of Investment Banking, Fuqua School of Business, Duke University
Robert Townsend 09/14 - 05/15
Elizabeth and James Killian Professor of Economics, MIT, and Research Professor, University of Chicago
Elizabeth and James Killian Professor of Economics, MIT, and Research Professor, University of Chicago
Simon Gilchrist 01/14 - 05/14
Professor of economics at Boston University and research associate at the National Bureau of Economic Research
Professor of economics at Boston University and research associate at the National Bureau of Economic Research
Christopher Sims 01/12 - 12/13
Co-recipient of the 2011 Nobel Prize in Economics and John F. Sherrerd ’52 University Professor of Economics at Princeton University
Co-recipient of the 2011 Nobel Prize in Economics and John F. Sherrerd ’52 University Professor of Economics at Princeton University
Mark J. Flannery, 01/09 - 12/10
Bank of America Eminent Scholar in Finance at the University of Florida
Bank of America Eminent Scholar in Finance at the University of Florida
Eric Ghysels, 12/08 - 08/09
Professor of Economics at the University of North Carolina at Chapel Hill
Professor of Economics at the University of North Carolina at Chapel Hill
Mark Gertler, 07/06-12/07
Henry and Lucy Moses Professor of Economics at New York University and Chair of the Economics Department
Henry and Lucy Moses Professor of Economics at New York University and Chair of the Economics Department
Suresh M. Sundaresan, 01/06-07/06
Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia Business School
Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia Business School
Jiang Wang, 09/04-04/05
Nanyang Technological University Professor of Finance at the MIT Sloan School of Management
Nanyang Technological University Professor of Finance at the MIT Sloan School of Management
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