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N.J. students’ papers selected for inaugural issue of NY Fed journal
Updated 5:30 PM;
Academic papers written by student teams from five New Jersey high schools will be included in the first edition of a journal that will be published by the Federal Reserve Bank of New York.
The Bank announced Thursday the results of this year’s High School Fed Challenge an academic paper competition in which student teams researched and analyzed an economic theme, according to a release from the bank.
The selected papers will be published in the inaugural issue of the “Journal of Future Economists”
this summer and include writings from the following Garden State schools:
A team of Ridgewood High School students recently uncovered some unsettling history about their town.
Housing deeds that banned people of color from buying homes. Red-lined maps where government loan agents gave lower rankings to areas with more Black and immigrant residents, dooming [those] areas to disinvestment and low property values. A Ridgewood Code published by the Ridgewood Board of Realtors in 1941 that said its goal was to bring here only the kind of people who are here and thus preserve the congenial neighbor tradition.
The students found these documents while researching a paper on housing inequality that on Thursday was named a regional winner in a competition hosted by the Federal Reserve Bank of New York.
Photo illustration: Aïda Amer. Photos: Robert Gauthier (Los Angeles Times), Stephen Maturen/Getty Images
Historically
untouchable issues like climate change and race are now on the table for the Federal Reserve, as it wades further into uncharted territory.
Why it matters: The about-face has implications for how one of the world’s most influential economic bodies steers policy and regulates the nation s banks.
Historically
untouchable issues like climate change and race are now on the table for the Federal Reserve, as it wades further into uncharted territory.
Why it matters: The about-face has implications for how one of the world’s most influential economic bodies steers policy and regulates the nation s banks.