The Federal Reserve Bank of San Francisco
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About the Center for Pacific Basin Monetary and Economic Studies

  • Background
  • Participation
  • Activities
  • Contact Information

  • Background

    Since 1974, the Federal Reserve Bank of San Francisco has conducted an active Pacific Basin program to promote cooperation among central banks in the region and enhance public understanding of major Pacific Basin economic policy issues. The Bank has sponsored international conferences and published books and articles on Pacific Basin issues. The Bank's Center for Pacific Basin Monetary and Economic Studies, established in 1990, opened the program to the participation of other institutions and individuals who wish to join in promoting greater understanding of major Pacific Basin monetary and economic policy issues.

    Participation

    Researchers may participate in the Center's activities as either Visiting Scholars or Center Associates.

    Visiting Scholars
    Visiting Scholars at the Center are invited to conduct research on Pacific Basin monetary, financial, and economic policy issues of interest to the United States and other nations in the region. The Center is prepared to receive up to three Visiting Scholars at a time. Generally, the terms of Visiting Scholars are for six months; in special cases, shorter or longer terms can be considered. To qualify, a Visiting Scholar must have an established research record in terms of publications in professional economic journals, and the ability to interact in English with other researchers.

    Besides an opportunity to conduct full-time research on Pacific Basin subjects, a particular attraction to scholars is an environment that provides active and mutually supportive interactions with other scholars with similar interests. Additionally, scholars have access to the expertise of the Bank's research staff in a wide range of subject areas, such as monetary policy, macroeconomics, international economics, economic development, and banking and financial markets. In addition, scholars have access to renowned faculty members in economics and finance at the universities and research institutes located in the San Francisco Bay Area. Visiting Scholars also benefit from the Center's research support facilities, including research assistants, computers, the Bank's databases, and its Research Library's reference services and Pacific Basin collection.

    The Center provides research support facilities, but typically relies on visiting scholars to come with their own funding. Institutions in the United States and other Pacific Basin countries that share the Bank's interest in promoting Pacific Basin studies are invited to sponsor and fund Visiting Scholars. The sponsoring institution can either nominate a Visiting Scholar subject to the Center's approval or leave the nomination to the Center subject to the sponsoring institution's approval. University faculty members on sabbatical leave will find the Center a particularly attractive place to undertake their studies.

    Center Associates
    Any researcher who is interested in the Center's activities may become a Center Associate. Benefits of membership include opportunities to: present research findings at the Center's seminars; publish abstracts of their research papers in Center publications; and receive Center publications. There are no membership fees.

    Activities

    Seminars
    Each Visiting Scholar is expected to present a seminar on a subject of his or her own past research on Pacific Basin issues and to outline a proposed research project to be conducted while in residence at the Center. Members of the Bank's Economic Research Department also present their research in seminars.

    Publications
    The Center carries out an active research program. Preliminary research results by Visiting Scholars and the Bank's research staff are distributed as Pacific Basin Center Working Papers to Center Associates free of charge. The Center semi-annually publishes Pacific Basin Research Abstracts to disseminate summaries of research results by Center Associates. In addition, the Center publishes a semi-annual Clearinghouse Bulletin of Pacific Basin Central Bank Economic Research. Distribution of the Bulletin is limited to those Associates currently doing research on central banking. Staff research on Pacific Basin issues also appears in the Economic Review and "Pacific Basin Notes" in the Economic Letter series, publications of the Economic Research Department of the Federal Reserve Bank of San Francisco.

    Conferences
    The Center organizes and hosts conferences on major Pacific Basin economic policy issues at periodic intervals, to which central banks, research institutes, and international organizations interested in the region are invited. Conference papers are published in book form by commercial publishers for worldwide distribution. The Center also sponsors occasional conferences, often jointly with other institutions. Papers of these conferences are usually not published or distributed beyond the conference participants.

    Contact Information

    Mark Spiegel
    Vice President and Director
    Center for Pacific Basin Studies
    Federal Reserve Bank of San Francisco
    101 Market Street, MS 1130
    San Francisco, CA 94105-1579
    Telephone: (415) 974-3241
    Telex: 4979495 FRBUI
    Fax: (415) 974-2168
    E-Mail: Mark Spiegel