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 Macroeconomics, International finance, Monetary Economics
Paolo Pesenti is a Vice President and Monetary Policy Advisor in the Research and Statistics Group of the Federal Reserve Bank of New York. Previously, he taught at Princeton, New York, and Columbia Universities and was a visiting scholar at several research institutions worldwide. He also served as a scientific consultant to the European Central Bank and a resident scholar at the International Monetary Fund. Mr. Pesenti is affiliated with the Centre for Economic Policy Research and the National Bureau of Economic Research. His widely published research specializes in international macroeconomics and finance. He is a recipient of the Hicks-Tinbergen Medal of the European Economic Association for his work on international portfolio diversification, and he is coauthor of an award-winning monograph on the crisis of the European Monetary System. He serves on or has been a member of the editorial boards of the Journal of International Economics, the Journal of Money, Credit, and Banking, and the Economic Policy Review. Mr. Pesenti holds a Laurea in Economics and Social Studies from Bocconi University and a Ph.D. in Economics from Yale University.