Tobias Adrian

Senior vice president, Research and Statistics Group, Associate Director of Research, Federal Reserve Bank of New York

Tobias Adrian is a Senior Vice President in the Research and Statistics Group and Associate Director of Research at the Federal Reserve Bank of New York. His research covers asset pricing, financial intermediation, and macroeconomics, with a focus on the aggregate implications of capital market developments. Recent research examines the role of financial vulnerabilities in the conduct of monetary policy, the importance of intermediary balance sheet management in asset valuations and systemic risk, and macroprudential policies. Tobias has contributed to the formulation of the Bank's financial stability policy and is a regular contributor to monetary policy briefings.

He has taught at MIT, Princeton University, and New York University and has published in the American Economic Review, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He holds a Ph.D. in economics from MIT, an M.Sc. in econometrics and mathematical economics from the London School of Economics, and undergraduate degrees from Universities Paris and Frankfurt.

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