The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Fields of interest Public economics and public policy, Economics of Education, Labor Economics, Applied Microeconomics
Rajashri Chakrabarti is a senior economist in the Regional Analysis Function. Her primary areas of interest include public economics and public policy, economics of education and labor economics. Her current research focuses on school choice including vouchers and charters, accountability, implications of the No Child Left Behind law, political economy implications of reorganization of nations, and issues in higher education such as merit aid and early admissions to U.S colleges. In recent work, she has examined the effect of alternative voucher designs on public school incentives and performance, and student sorting. Prior to joining the NY Fed, Raji was a postdoctoral fellow at Harvard University in the John F. Kennedy School of Government's Program on Education Policy and Governance. She holds a Ph.D. in Economics from Cornell University.