Gara Afonso
Ph.D., London School of Economics and Political Science, 2008
Interests: Financial economics; information economics; asset pricing and liquidity;
theory of financial crises.

Olivier Armantier
Ph.D., University of Pittsburgh, 1999
Interests: Industrial organization; econometrics; experimental economics; applied microeconomics; game theory.

Morten Bech
Ph.D., UC Santa Barbara, 2002
Interests: Payments system theory and design.

Kenneth Garbade
Ph.D., Princeton, 1975
Interests: U.S. Treasury securities; risk management; relative value analysis.

Todd Keister
Ph.D., Cornell, 1998
Interests: Macroeconomics; banking; liquidity; coordination failures.

Antoine Martin
Ph.D., University of Minnesota, 2001
Interests: Monetary economics; payment economics; financial intermediation; banking.

James McAndrews
Ph.D., University of Iowa, 1988
Interests: Industrial organization of financial markets.

Asani Sarkar
Ph.D., Pennsylvania, 1989
Interests: Market microstructure of futures, stock, and fixed-income markets; international finance; linkages between stock and bond markets; linkages between the macroeconomy
and financial markets; corporate bond credit spreads and liquidity.

David Skeie
Ph.D., Princeton, 2004
Interests: Corporate finance; banking; contract theory.

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

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