The Microeconomic and Regional Studies Function engages in rigorous analysis of microeconomic issues of interest to the nation and the Second Federal Reserve District in support of the Bank’s primary missions in monetary policy and regulation of the financial system. In addition, economists conduct long-term research in theoretical as well as applied areas of microeconomics and regional economics.

• selection and income distribution dynamics,
• simulated maximum likelihood estimation for discrete choice models,
• the empirical content of models with multiple equilibria,
• informal hiring networks and labor market outcomes,
• statistical discrimination in labor markets,
• social insurance and the savings and labor supply behavior of U.S. households,
• design of educational reforms and their impact on student performance,
• manufacturing and the national economy,
• spatial and temporal variation in vacant land prices, and
• the design of public disaster insurance.

To learn more about joining the Research Group: www.newyorkfed.org/careers/phd.html.

By conviction and action, the Federal Reserve Bank of New York is an equal opportunity employer.