The Federal Reserve Board employs more than 500 researchers, including more than 400 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board researchers conduct cutting edge research, produce numerous working papers and notes, and are among the leading contributors at professional meetings and in major journals. Our researchers also produce a wide variety of economic analyses and forecasts for the Board of Governors and the Federal Open Market Committee.

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Field of Interest:
Division:

Financial Stability

The Division of Financial Stability is responsible for coordinating and supporting the Board's work on financial stability. In conjunction with other Board divisions, the division identifies and analyzes potential threats to financial stability; monitors financial markets, institutions, and structures; and assesses and recommends policy alternatives to address these threats. In addition, the division fosters broader understanding of financial stability issues by undertaking longer term research, primarily in banking, finance, and macroeconomics.

Section:
Financial and Macroeconomic Stability Studies

The Financial and Macroeconomic Stability Studies section is primarily responsible for assessment and research on the linkages between financial stability and macroeconomic performance, including the effects of the distress of financial institutions. This involves developing quantitative frameworks to assess the interaction between financial markets and institutions, household and business spending, and overall economic performance to better understand possible effects of liquidity regulations, capital requirements and other macroprudential policies. Section members support the Federal Reserve's stress tests by developing macroeconomic scenarios that address salient risks. Section members work with economists and professionals from other Divisions at the Board and Reserve Banks, and are expected to contribute to multi-division and multi-agency efforts to implement macroprudential policy.

Job Role:
A
Photo of Elena Afanasyeva
Elena Afanasyeva Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Levent Altinoglu
Levent Altinoglu Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability

I
Photo of Anni T. Isojaervi
Anni T. Isojaervi Economist Financial and Macroeconomic Stability Studies
Financial Stability

J
Photo of Sam Jerow
Sam Jerow Financial Analyst Financial and Macroeconomic Stability Studies
Financial Stability

M
Photo of Michele Modugno
Michele Modugno Chief Financial and Macroeconomic Stability Studies
Financial Stability

N
Photo of Thien T. Nguyen
Thien T. Nguyen Senior Economist Financial and Macroeconomic Stability Studies
Financial Stability

S
Photo of Andres Schneider
Andres Schneider Economist Financial and Macroeconomic Stability Studies
Financial Stability

V
Photo of Sergio Villalvazo
Sergio Villalvazo Economist Financial and Macroeconomic Stability Studies
Financial Stability

Z
Photo of Molin Zhong
Molin Zhong Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
Image of Board Seal
Sarah Zoi Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Last Update: March 18, 2024