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.

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Field of Interest:
Division:

International Finance

The Division of International Finance is responsible for basic research, policy analysis, and reporting in the areas of foreign economic activity, U.S. external trade and capital flows, and developments in international financial markets and institutions. Research responsibilities are shared by staff economists in the seven sections listed below as well as by the officers in the Program Direction group.

Section:
Advanced Foreign Economies

The Advanced Foreign Economies section prepares reports on, and engages in, policy analysis, forecasting, and basic research relating to economic developments and policies in major industrial countries that affect international payments, foreign exchange markets, and U.S. economic activity and policy. The section's research is concerned largely with open-economy macroeconomic issues.

D
Photo of Andrea De Michelis
Andrea De Michelis Chief Advanced Foreign Economies
International Finance

E
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Brendan Epstein Senior Economist Advanced Foreign Economies
International Finance

L
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Stephen F. Lin Principal Economist Advanced Foreign Economies
International Finance
Photo of Anna Lipinska
Anna Lipinska Principal Economist Advanced Foreign Economies
International Finance

M
Photo of Enrico Mallucci
Enrico Mallucci Economist Advanced Foreign Economies
International Finance

O
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Musa Orak Economist Advanced Foreign Economies
International Finance

S
Photo of Mariano A. Somale
Mariano A. Somale Economist Advanced Foreign Economies
International Finance

T
Photo of Thiago R. Teixeira Ferreira
Thiago R. Teixeira Ferreira Economist Advanced Foreign Economies
International Finance

W
Photo of Paul R. Wood
Paul R. Wood Assistant Director Advanced Foreign Economies
International Finance
Last update: April 24, 2017