• I spent most of my professional career at the Federal Reserve, where I rose to be a senior officer with responsibilities in research and policy analysis. I have since applied my experience in the classroom and as a consultant to foreign central banks.
  • Selected Publications

    Academic Article

    Year Title Altmetric
    1993-03-01 Issues in the Regulation and Supervision of Commercial BanksMoney and Credit.  12:1-22. 1993-03-01
    1993-01-01 The Federal Reserve System in the United StatesMoney and Credit.  22:1-26. 1993-01-01
    1992-12-01 American Experience with Central Banking and the Inflation ThreatEconomic Issues.  33:44-68. 1992-12-01
    1984-03-01 Implications for Monetary Policy of Changes in the Financial System, Brookings Papers on Economic ActivityBrookings Institution.  48-64. 1984-03-01
    1979-09-01 Graduated Reserve Requirements and Monetary ControlJournal of Finance.  43:23-42. 1979-09-01
    1979-01-01 A Proposal for Redefining the Monetary AggregatesFederal Reserve Bulletin--Board of Governors of the Federal Reserve System.  1-23. 1979-01-01
    1979-01-01 Financial Innovation and the Monetary AggregatesBrookings Papers on Economic Activity--Brookings Institution.  72-92. 1979-01-01


    Year Title Altmetric
    2014-07-01 Financial Markets, Banking, and Monetary Policy.  John Wiley and Sons. 2014-07-01
    1987-01-01 Money, Banking, and Economic Analysis.  Prentice-Hall. 1987-01-01


    Year Title Altmetric
    2005-04-01 Monetary Policy and the Economy.  Board of Governors of the Federal Reserve System. 15-25. 2005-04-01
    1991-07-01 Trends in Global Securities Markets in Electronic Money Flows (Elinor Solomon ed.).  Kluwer Academic Publishers. 55-83. 1991-07-01
    1990-05-01 Features of the New Financial System in the United States, in The New Financial System, Henry Cavanna (ed.).  Fondation Internationale des Science Humaines. 80102. 1990-05-01


    Year Title Altmetric
    1988-09-01 Review of Electronic Funds Transfers and Payments: Policy issues, by Elinor SolomonJournal of Economic Literature. 68-74. 1988-09-01
    1984-09-01 Some Implications of Financial Innovations in the United States--Staff Economic StudiesBoard of Governors of the Federal Reserve System. 61. 1984-09-01
    1976-12-01 The Payment of Interest on Demand Deposits--Staff Economic StudiesBoard of Governors of the Federal Reserve System. 1976-12-01


    Year Title Altmetric
    1979-07-01 The Market for Federal Funds and Repurchase Agreements--Staff Economic StudiesBoard of Governors of the Federal Reserve System. 63. 1979-07-01

    Research Overview

  • Financial stability, channels of monetary policy, and fiscal sustainability./Users/thomassimpson/Library/Containers/com.apple.mail/Data/Library/Mail Downloads/45103F9A-4531-438A-9158-589AC8DCB375/2014-05-26 20.04.23.jpg
  • Teaching Overview

  • Financial markets and institutions, macroeconomics and monetary policy, and public finance.
  • Full Name

  • Thomas D Simpson