The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Fields of interest Macroeconomics, Public Finance, Labor Economics
Stefania Albanesi joined the Federal Reserve Bank of New York as a senior economist in January 2012. She is also a research fellow at the Center for Economic and Policy Research, and Associate Editor at the Journal of Economic Theory and Macroeconomic Dynamics, and a co-editor at Labour. Dr. Albanesi's research interests are in macroeconomics, public economics, and labor economics. Her work on government policy has studied the link between inflation and inequality, the design of monetary institutions, and capital income taxation in economies with incentive problems. Her contributions in labor economics have examined the historical relation between medical progress and female labor force participation and fertility in the US and other advanced economies, and the determinants of gender wage and unemployment gaps. Prior to joining the Bank, she was an Associate Professor of Economics at Columbia University and an Assistant Professor of Economics at Duke University. Dr. Albanesi has a PhD from Northwestern University.