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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry. Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot. The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams. 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The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress. Outreach & Education Outreach & Education Community Development Small Business Puerto Rico Workforce Development Community Development Finance Regional Visits Speakers Bureau School & University Programs High School College and Graduate Museum & Learning Center Events Upcoming Events Past Events The New York Fed engages with individuals, households and businesses in the Second District and maintains an active dialogue in the region. The Bank gathers and shares regional economic intelligence to inform our community and policy makers, and promotes sound financial and economic decisions through community development and education programs. The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry. The College Fed Challenge is a team competition for undergraduates inspired by the working of the Federal Open Market Committee. The Community Credit interactive highlights credit conditions, including measures of credit inclusion and stress, at the national, state and county levels. Liberty Street Economics Look for our next post on February 3. February 19, 2020 At the New York Fed: Fourteenth Annual Joint Conference with NYU-Stern on Financial Intermediation Kristian Blickle, Anna Kovner, and Shivram Viswanathan An understanding of the developments in financial intermediation is critical to the efforts of the New York Fed to promote financial stability and economic growth. In line with this mission, the Bank recently hosted the fourteenth annual Federal Reserve Bank of New York-New York University Stern School of Business Conference on Financial Intermediation . As in years past, the conference attracted a large number of academics and policymakers from around the world who engaged in discussions of their most recent research. In this post, we discuss highlights of the conference. Continue reading » Posted by Blog Author at 7:00 AM in Financial Intermediation | Permalink | Comments ( 0 ) February 13, 2020 Firm-Level Shocks and GDP Growth: The Case of Boeing’s 737 MAX Production Pause Julian di Giovanni Large firms play an integral role in aggregate economic activity owing to their size and production linkages. Events specific to these large firms can thus have significant effects on the macroeconomy. Quantifying these effects is tricky, however, given the complexity of the production process and the difficulty in identifying firm-level events. The recent pause in Boeing’s 737 MAX production is a striking example of such an event or shock” to a large firm. This post applies a basic framework that is grounded in economic theory to provide a back-of-the envelope calculation of how the 737 MAX shock” could impact U.S. GDP growth in the first quarter of 2020. Continue reading » Posted by Blog Author at 7:00 AM in Macroecon | Permalink | Comments ( 0 ) February 12, 2020 Reading the Tea Leaves of the U.S. Business Cycle—Part Two Richard Crump, Domenico Giannone, and David Lucca In our previous post , we presented evidence suggesting that labor market indicators provide the most reliable information for dating the U.S. business cycle. In this post, we further develop the case. In fact, the unemployment rate has...