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 Applied Macroeconomics, Industrial Organization, Productivity growth, Small business lending, Wage differences among employers
Benjamin Pugsley joined the Federal Reserve Bank in July 2012 as an economist in the Macroeconomic and Monetary Studies Function. His primary research interests include growth, firm dynamics, and entrepreneurship. In particular, Benjamin studies the behavior of young and small firms and their role in aggregate economic conditions. His research on small business formation and growth has been featured in Slate, NPR, Business Week, The New Yorker, and the Wall Street Journal. Benjamin earned his PhD from the University of Chicago and his BA from Columbia University.