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.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
Banking and Real Economic Activity
Chapter in The Oxford Handbook of Banking, Forthcoming, 2nd Edition, (1st edition 2009), Allen N. Berger, Phillip Molyneux and John Wilson, Eds., Series : Oxford Handbooks in Finance, Oxford University Press.
Shadow Banking Monitoring
With Tobias Adrian and Adam Ashcraft
Chapter in The Oxford Handbook of Banking, Forthcoming, 2nd Edition, Allen N. Berger, Phillip Molyneux and John Wilson, Eds., Series : Oxford Handbooks in Finance, Oxford University Press
Shadow Banking: Challenges for Global Monitoring and Regulation
Chapter inShadow Banking Within and Across National Borders, Stjin Claessen, Douglas Evanoff, George Kaufman and Luc Laeven, eds., 2014
Evolution in Bank Complexity
With Jamie McAndrews and James Traina Federal Reserve Bank of New York Economic Policy Review, 2014, 20, 2
Measures of Complexity of Global Banks
With Linda Goldberg Federal Reserve Bank of New York Economic Policy Review, 2014, 20, 2
Chapter in The Social Value of the Financial Sector. Too Big to Fail or Just Too Big?, 2013, Viral Acharya, Thorsten Beck, Douglas Evanoff, George Kaufman and Richard Portes, Eds, World Scientific Studies in International Economics, 29, 239-255
Banking Globalization and Monetary Transmission With Linda Goldberg Journal of Finance, 2012, 67, 5, 1811-1843 See also
›› First version as "Banking Globalization, Monetary Transmissions, and the Lending Channel", With Linda Goldberg. NBER working paper #14101 (June 2008)
Banking and Real Economic Activity Chapter in The Oxford Handbook of Banking, 2009, Allen N. Berger, Phillip Molyneux and John Wilson, Eds., Series : Oxford Handbooks in Finance, Oxford University Press 7 pages / 28 kb
Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets
With Philip Strahan The Journal of Finance, 2006, 61, 1, 437-61 25 pages / 209 kb Read the full text in SSRN››
The Effects of Regulatory Reform on Competition in the Banking Industry
With Paolo Angelini Journal of Money, Credit and Banking, 2003, 35, 5, 663-684 23 pages / 315 kb Read the full text in SSRN››
Life-cycle Dynamics in Industrial Sectors: The Role of Banking Market Structure
Quarterly Review, Proceedings of the Twenty-Seventh Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis, July/August 2003, 85, 4 19 pages / 213 kb Read the full text in SSRN››
Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data
With Michele Gambera The Journal of Finance, 2001, 56, 2, 617-648 32 pages / 133 kb Read the full text in SSRN››
Nicola Cetorelli's CVThe views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.