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Board of Governors of the Federal Reserve System
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TheEconomists

Office of Financial Stability Policy and Research 

The Office of Financial Stability Policy and Research is responsible for coordinating and supporting the Board's work on financial stability. In conjunction with other Board divisions, the office 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 office fosters broader understanding of financial stability issues by undertaking longer term research, primarily in banking, finance, and macroeconomics.

Macroprudential Policy Analysis

The Macroprudential Policy Analysis section is primarily responsible for research on the ability of macroprudential policies to foster financial stability and to contribute to the implementation of policies and tools.This includes developing responses to emerging threats to financial stability, including contributing a macroprudential perspective to supervisory exercises, such as stress tests and resolution planning, and contributing to regulatory reform to increase the resilience of the financial sector. Section members work with economists and professionals from other Divisions at the Board and Reserve Banks, and are expected to contribute to multi-division and multi-agency efforts to implement macroprudential policy.

  • Jose M. Berrospide

    Senior Economist

    Macroprudential Policy Analysis

    Office of Financial Stability Policy and Research

  • Skander Van den Heuvel

    Chief

    Macroprudential Policy Analysis

    Office of Financial Stability Policy and Research

  • Alexandros Vardoulakis

    Economist

    Macroprudential Policy Analysis

    Office of Financial Stability Policy and Research

  • Image of Board Seal

    Jae W. Sim

    Economist

    Macroprudential Policy Analysis

    Office of Financial Stability Policy and Research

  • David E. Rappoport

    Economist

    Macroprudential Policy Analysis

    Office of Financial Stability Policy and Research

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Last update: July 21, 2014