Economists in the Macroeconomic and Monetary Studies Function conduct scholarly research on topics in macroeconomics and monetary policy for publication in academic journals and Bank periodicals. They also provide rigorous analysis of current national economic, fiscal, and monetary conditions as well as advise senior Bank management on monetary policy.

• monetary policy transmission,
• monetary policy and the zero bound,
• monetary policy and learning,
• sources of inflation dynamics,
• changes in the inflation-unemployment relationship,
• goods and services price inflation,
• methods of determining trend and cyclical productivity growth,
• the reduction in the volatility of economic fluctuations,
• changes in inventory dynamics and business cycles,
• the yield curve and recessions,
• forecasting using large macroeconomic panels,
• analysis of recent housing price trends and effects on consumer spending,
• trends in labor force participation, and
• dynamics of the U.S. labor market.

To learn more about joining the Research Group: www.newyorkfed.org/careers/phd.html.

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