James J. McAndrews and Simon M. Potter are co-directors of research and executive vice presidents of the Bank.

Jamie is director of financial research. Before joining the Bank in 1997, he was a ­senior economist and research advisor at the Federal Reserve Bank of Philadelphia. He has served as a consulting economist to the Bank of England, the Reserve Bank of Australia, the Swedish Riksbank, the Bank of Japan, and the World Bank. Jamie is also a fellow of the Wharton Financial Institutions Center.

Jamie’s research focuses on the economics of money and payments, monetary policy implementation, and market liquidity. Recent work has appeared in the Review of Economics and Statistics, the Journal of Monetary Economics, the Journal of Banking and Finance, and the Journal of Money, Credit, and Banking. Jamie holds a B.A. and Ph.D. in economics from the University of Iowa.

Simon, director of economic research, has been with the New York Fed since 1998. Previously, Simon taught at UCLA, Johns Hopkins, NYU, and Princeton. He is the recipient of National Science Foundation awards and has served on the editorial boards of several academic journals.

Simon has written extensively on nonlinear dynamics over the business cycle, and his current research concentrates on forecasting the probability of recessions. Recently, he has published in the Review of Economic Studies, the Journal of Empirical Finance, the Journal of Econometrics, and the International Economic Review. Simon holds a B.A. in philosophy, ­politics, and economics and an M.Phil. in ­economics from Oxford University, and a Ph.D. in economics from the University of Wisconsin at Madison.

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

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