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:
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
Photo of David M. Arseneau
David M. Arseneau Assistant Director Program Direction
Financial Stability

B
Photo of Daniel J. Barth
Daniel J. Barth Principal Economist Financial Stability Assessment
Financial Stability
Image of Board Seal
William F. Bassett Senior Associate Director Program Direction
Financial Stability
Photo of Jose M. Berrospide
Jose M. Berrospide Assistant Director Program Direction
Financial Stability

C
Photo of Fang Cai
Fang Cai Assistant Director Program Direction
Financial Stability
Photo of Jin-Wook B. Chang
Jin-Wook B. Chang Senior Economist Financial Stability Assessment
Financial Stability
Photo of Andrew M. Cohen
Andrew M. Cohen Assistant Director Program Direction
Financial Stability
Photo of Sergio A. Correia
Sergio A. Correia Economist Financial Institution Risk Evaluation
Financial Stability

D
Photo of Matt Darst
Matt Darst Principal Economist Macroprudential Policy Analysis
Financial Stability
Photo of Daniel A. Dias
Daniel A. Dias Principal Economist Financial Institution Risk Evaluation
Financial Stability
Photo of Bora Durdu
Bora Durdu Assistant Director Program Direction
Financial Stability

F
Photo of Antonio Falato
Antonio Falato Senior Economist Macroprudential Policy Analysis
Financial Stability

G
Image of Board Seal
Arun Gupta Senior Economist Financial Institution Risk Evaluation
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

K
Photo of Gazi I. Kara
Gazi I. Kara Chief Financial Stability Assessment
Financial Stability
Photo of Michael T. Kiley
Michael T. Kiley Deputy Director Program Direction
Financial Stability
Photo of Elizabeth C. Klee
Elizabeth C. Klee Senior Associate Director Program Direction
Financial Stability
Photo of Antonis Kotidis
Antonis Kotidis Senior Economist Macroprudential Policy Analysis
Financial Stability

L
Photo of Seung Jung Lee
Seung Jung Lee Deputy Associate Director Program Direction
Financial Stability
Photo of Andreas Lehnert
Andreas Lehnert Director Program Direction
Financial Stability

M
Photo of Michele Modugno
Michele Modugno Chief Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Adele C. Morris
Adele C. Morris Senior Adviser Program Direction
Financial Stability

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

P
Photo of Teodora Paligorova
Teodora Paligorova Principal Economist Financial Institution Risk Evaluation
Financial Stability
Image of Board Seal
Ahyan Panjwani Economist Macroprudential Policy Analysis
Financial Stability
Image of Board Seal
Nora M. Pankratz Economist Macroprudential Policy Analysis
Financial Stability

R
Photo of David E. Rappoport
David E. Rappoport Principal Economist Macroprudential Policy Analysis
Financial Stability
Photo of Chase P. Ross
Chase P. Ross Economist Macroprudential Policy Analysis
Financial Stability

S
Photo of Tim Schmidt-Eisenlohr
Tim Schmidt-Eisenlohr Principal Economist Financial Institution Risk Evaluation
Financial Stability
Photo of Andres Schneider
Andres Schneider Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Matthew P. Seay
Matthew P. Seay Lead Financial Analyst Financial Institution Risk Evaluation
Financial Stability
Image of Board Seal
Chaehee Shin Principal Economist Financial Stability Assessment
Financial Stability
Photo of Nathan Swem
Nathan Swem Principal Economist Financial Stability Assessment
Financial Stability

V
Photo of Skander Van den Heuvel
Skander Van den Heuvel Associate Director Program Direction
Financial Stability
Photo of Alexandros Vardoulakis
Alexandros Vardoulakis Chief Macroprudential Policy Analysis
Financial Stability
Photo of Sergio Villalvazo
Sergio Villalvazo Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Cindy M. Vojtech
Cindy M. Vojtech Chief Financial Institution Risk Evaluation
Financial Stability

Y
Photo of Vladimir L. Yankov
Vladimir L. Yankov Senior Economist Financial Institution Risk Evaluation
Financial Stability

Z
Photo of Molin Zhong
Molin Zhong Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Filip Zikes
Filip Zikes Principal Economist Financial Stability Assessment
Financial Stability
Image of Board Seal
Sarah Zoi Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Last Update: June 24, 2024