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 & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
Words That Shake Traders Journal of Empirical Finance 18 (5), 915-934, 2011
The High-Frequency Response of Exchange Rates To Monetary Policy Actions and Statements Journal of Banking and Finance 35 (2), pp. 478-489, 2011
Talking Less and Moving the Market More: Evidence from the ECB and the Fed Scottish Journal of Political Economy 58 (1), pp. 51-81, 2011
The validity of the Event-Study Approach: Evidence from the Impact of the Fed’s Monetary Policy on U.S. and Foreign Asset Prices Economica, 78 (311), pp. 429-439, 2011.
Forecasting the Direction of Policy Rate Changes: The Importance of ECB Words Economic Notes 38 (1-2), pp. 39–66, 2009
The Impact of Central Bank Announcements on Asset Prices in Real Time With Giovanni Verga International Journal of Central Banking 4 (2), pp. 175-217, 2008
On the Consistency and Effectiveness of Central Bank Communication: Evidence from the ECB With Giovanni Verga European Journal of Political Economy 23 (1), pp. 146-175, 2007
Carlo Rosa'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.