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 and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Fields of interest Labor Economics, Economics of Education, Applied Microeconomics, Experimental economics
Basit Zafar is a senior economist in the Microeconomic and Regional Studies Function, with particular interests in labor economics, economics of education, and applied microeconomics. His research focuses on understanding how individuals make decisions under uncertainty and in the presence of social interactions. His work employs a disparate set of empirical methods and techniques including the use of subjective expectations data and experimental data. Basit holds a Ph.D. from Northwestern University, awarded in 2008, and a B.Sc. from California Institute of Technology.