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Board of Governors of the Federal Reserve System
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TheEconomists

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.

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.

  • Bora Durdu

    Chief

    Financial and Macroeconomic Stability Studies

    Financial Stability

  • Mohammad R. Jahan-Parvar

    Senior Economist

    Financial and Macroeconomic Stability Studies

    Financial Stability

  • Aytek Malkhozov

    Senior Economist

    Financial and Macroeconomic Stability Studies

    Financial Stability

  • Michele Modugno

    Principal Economist

    Financial and Macroeconomic Stability Studies

    Financial Stability

  • Molin Zhong

    Economist

    Financial and Macroeconomic Stability Studies

    Financial Stability

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Last update: November 28, 2016