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.
Herd Behavior and Contagion in Financial Markets With A. Guarino The B.E. Journal of Theoretical Economics (Contributions) , 8(1), Art. 24, October 2008
Volatility in International Financial Market Issuance: The Role of the Financial Center With G. Kaminsky Open Economies Review, 18(2), 157-176, April 2007
Herd Behavior in a Laboratory Financial Market With A. Guarino American Economic Review, 95(5), 1427-1443, December 2005
Noise Trading in a Laboratory Financial Market: A Maximum Likelihood Approach With A. Guarino Journal of the European Economic Association, 3(2-3), 315-321, April-May 2005
Social Learning and Financial Crises With A. Guarino In Risk Measurement and Systemic Risk. Proceedings of the Third Joint Central Bank Research Conference, 77-83. Basel: Bank for International Settlements, 2002
Marco Cipriani's CVThe views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.