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 Capital Flows, Exchange Rates, International Trade, European economic issues
Mr. Klitgaard is the Head of the International Research Function. He studies cross-border financial flows and coordinates the Bank's global outlook. Mr. Klitgaard received B.A. degrees in both mathematics and economics from the University of California, Berkeley and a Ph.D. in economics from Stanford University.