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.
The Effects of Stock Market Development on Growth and Private Investment in Lower Income Countries Emerging Markets Review, Vol. 3, September 2002, pp. 21132 See also ›› Working paper version, QEH Working Paper No. 53
Can Equity Investors Profit From Elections? Journal of Investing, Vol. 11, Spring 2002, pp. 2736
Retirement Planning and the Asset/Salary Ratio With Martin L. Leibowitz, P. Brett Hammond, and Michael Heller in Olivia S. Mitchell, Zvi Bodie, P. Brett Hammond, Stephen Zeldes, eds., Innovations in Retirement Planning Philadelphia, PA: University of Pennsylvania, 2002
Sensitivity Analyses of Anomalies in Developed Stock Markets Journal of Banking and Finance, Vol. 25, August 2001, pp. 150341
Which Anomalies are Robust in Emerging and Developed Stock Markets? Emerging Markets Quarterly, Vol. 4, Fall 2000, pp. 5067
Extreme Bound Analysis of Emerging Stock Market Anomalies: Nothing is Robust Journal of Portfolio Management, Vol. 26, Winter 2000, pp. 95103
Understanding the Inflation Risk Premium With P. Brett Hammond and Andrew C. Fairbanks in John Brynjolfsson, Frank J. Fabozzi, eds. Handbook of Inflation Indexed Bonds New Hope, PA: Frank J. Fabozzi Associates, 1999
Economic Growth and Political Regimes Journal of Economic Growth, Vol. 4, March 1999, pp. 81111
Econometrics of Income Distribution: Toward More Comprehensive Specification of Institutional Correlates Comparative Economic Studies, Vol. 41, No. 1, Spring 1999, pp. 4374
J. Benson Durham'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.