The Federal Reserve Board employs over 300 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board economists conduct cutting edge research, produce numerous working papers, and are among the leading contributors at professional meetings and in major journals. Our economists also produce a wide variety of economic analyses and forecasts for the Board of Governors and the Federal Open Market Committee.

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Field of Interest:
Division:

Financial Stability

The Division of Financial Stability is responsible for coordinating and supporting the Board's work on financial stability. In conjunction with other Board divisions, the division identifies and analyzes potential threats to financial stability; monitors financial markets, institutions, and structures; and assesses and recommends policy alternatives to address these threats. In addition, the division fosters broader understanding of financial stability issues by undertaking longer term research, primarily in banking, finance, and macroeconomics.

Section:
A
Photo of Elena Afanasyeva
Elena Afanasyeva Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Levent Altinoglu
Levent Altinoglu Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of David M. Arseneau
David M. Arseneau Chief Macroprudential Policy Analysis
Financial Stability

B
Image of Board Seal
William F. Bassett Associate Director Program Direction
Financial Stability
Photo of Jose M. Berrospide
Jose M. Berrospide Chief Financial Institution Risk Evaluation
Financial Stability

C
Photo of Fang Cai
Fang Cai Chief Financial Stability Assessment
Financial Stability
Photo of Jin-Wook B. Chang
Jin-Wook B. Chang Economist Financial Stability Assessment
Financial Stability
Photo of Andrew M. Cohen
Andrew M. Cohen Assistant Director Program Direction
Financial Stability
Photo of Sergio A. Correia
Sergio A. Correia Economist Financial Institution Risk Evaluation
Financial Stability

D
Photo of Matt Darst
Matt Darst Economist Macroprudential Policy Analysis
Financial Stability
Photo of Bora Durdu
Bora Durdu Assistant Director Financial and Macroeconomic Stability Studies
Financial Stability

F
Photo of Antonio Falato
Antonio Falato Senior Economist Macroprudential Policy Analysis
Financial Stability

G
Photo of Luca Guerrieri
Luca Guerrieri Deputy Associate Director Program Direction
Financial Stability
Photo of Arun Gupta
Arun Gupta Economist Financial Institution Risk Evaluation
Financial Stability

K
Photo of Gazi I. Kara
Gazi I. Kara Principal Economist Financial Stability Assessment
Financial Stability
Photo of Michael T. Kiley
Michael T. Kiley Deputy Director Program Direction
Financial Stability
Photo of Elizabeth C. Klee
Elizabeth C. Klee Senior Associate Director Program Direction
Financial Stability
Photo of Antonis Kotidis
Antonis Kotidis Economist Macroprudential Policy Analysis
Financial Stability

L
Photo of Andreas Lehnert
Andreas Lehnert Director Program Direction
Financial Stability

M
Photo of Aytek Malkhozov
Aytek Malkhozov Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Michele Modugno
Michele Modugno Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability

P
Photo of Teodora Paligorova
Teodora Paligorova Principal Economist Financial Institution Risk Evaluation
Financial Stability

R
Photo of David E. Rappoport
David E. Rappoport Economist Macroprudential Policy Analysis
Financial Stability

S
Photo of John W. Schindler
John W. Schindler Associate Director Program Direction
Financial Stability
Photo of Andres Schneider
Andres Schneider Economist Financial and Macroeconomic Stability Studies
Financial Stability
Image of Board Seal
Chaehee Shin Senior Economist Financial Stability Assessment
Financial Stability
Photo of Nathan Swem
Nathan Swem Senior Economist Financial Stability Assessment
Financial Stability

V
Photo of Skander Van den Heuvel
Skander Van den Heuvel Deputy Associate Director Program Direction
Financial Stability
Photo of Alexandros Vardoulakis
Alexandros Vardoulakis Principal Economist Macroprudential Policy Analysis
Financial Stability
Photo of Cindy M. Vojtech
Cindy M. Vojtech Principal Economist Financial Institution Risk Evaluation
Financial Stability

Y
Photo of Vladimir L. Yankov
Vladimir L. Yankov Senior Economist Financial Institution Risk Evaluation
Financial Stability

Z
Photo of Ilknur Zer
Ilknur Zer Senior Economist Financial Stability Assessment
Financial Stability
Photo of Molin Zhong
Molin Zhong Senior Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Filip Zikes
Filip Zikes Principal Economist Financial Stability Assessment
Financial Stability
Last update: December 14, 2020