Meet the Economists
The Federal Reserve Board employs over 300 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board economists conduct cutting edge research, produce numerous working papers, and are among the leading contributors at professional meetings and in major journals. Our economists also produce a wide variety of economic analyses and forecasts for the Board of Governors and the Federal Open Market Committee.
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.
Financial Stability Assessment
The Financial Stability Assessment section is primarily responsible for analysis and research aimed at understanding how financial stability is affected by the propagation of shocks through financial institutions and markets and how such shocks can threaten the provision of credit and other financial services. This includes an assessment of the systemic risk arising from financial markets and institutions and from the emergence of new products; studying financial market functioning and the interconnectedness of financial institutions; and understanding the roles of leverage and maturity transformation. 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 assess the risks posed by particular developments.