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Program for Resident Scholars
The Research and Statistics Group's Program for Resident Scholars brings to the Bank, for at least six months, outstanding researchers with an international reputation.
 
About the Program
Resident scholars are selected from the top academic and policy institutions in areas related to the Bank's broad policy interests. The scholars pursue their own research agendas while providing intellectual leadership by advising and collaborating with our staff of more than fifty economists. They present their own work as well as attend Research Group seminars.

The resident scholars also work closely with the director of research, and have the opportunity to contribute to the Bank's main policymaking discussions on topics such as monetary policy and macroeconomics, international economics, banking supervision and regulation, capital markets, financial stability, and applied microeconomics with an emphasis on regional and national issues. The scholars are considered members of the Research Group, and are offered access to resources on the same basis as other key Bank staff.

The program complements our Visiting Scholars Program, in which economists from major research institutions are invited to present their own work and make themselves available to discuss our staff's current research.
 
Current Resident Scholar

Eric Ghysels is our current resident scholar. He is the Edward M. Bernstein Distinguished Professor of Economics at the University of North Carolina at Chapel Hill and Professor of Finance at the university's Kenan-Flagler Business School.

Professor Ghysels is a renowned researcher on time series econometrics and finance. His work has appeared in such leading journals as the Journal of the American Statistical Association, the Journal of Econometrics, the Journal of Finance, the Journal of Financial Economics, the Review of Economics and Statistics, and the Review of Financial Studies. Professor Ghysels is the past co-editor of the Journal of Business and Economic Statistics and the current co-editor of the Journal of Financial Econometrics. He has served on the editorial boards of several other academic journals, was Chair of the Business and Economic Statistics Section of the American Statistical Association, and is the founding Co-President of the Society for Financial Econometrics.

For the past fifteen years, Professor Ghysels has been an occasional visiting scholar at the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of New York.
Eric Ghysels offsite

 
Previous Resident Scholars
Mark Gertler, 07/06-12/07 offsite
Henry and Lucy Moses Professor of Economics at New York University and Chair of the Economics Department
Suresh M. Sundaresan, 01/06-07/06 offsite
Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia Business School
Nobuhiro Kiyotaki, 08/05-07/06 offsite
Cassel Professor of Economics at the London School of Economics
Jiang Wang, 09/04-04/05 offsite
Nanyang Technological University Professor of Finance, Sloan School of Management, MIT