New York Fed Announces New Format for High School Fed Challenge
New York Fed Announces New F...
Subscribe to Newsletter

New York Fed Announces New Format for High School Fed Challenge

31 May 2020
3 min.
New York Fed Announces New Format for High School Fed Challenge

The Federal Reserve Bank of New York today announced a new format for the High School Fed Challenge, an annual competition designed to enhance and promote economic education. Starting in September 2020, the High School Fed Challenge will transition from its current in-person format to an academic paper competition in which teams of students will submit a paper based on an economic theme selected by the New York Fed. The top papers will be selected for publication in the New York Fed's Journal of Future Economists. Any high school in the Federal Reserve's Second District – which includes New York State, Northern New Jersey, Puerto Rico, the U.S. Virgin Islands, and Fairfield County, Connecticut - will be eligible to participate in the updated program.

For 25 years, the New York Fed's High School Fed Challenge has sought to promote the study of economics, finance and monetary policy and has helped students across the Second District develop valuable analytical, collaborative, and communication skills. The updated format seeks to enhance access to the program, particularly among schools for which travel to an in-person competition may have been prohibitive. It also strives to advance interest in the study of economics among students who may not have had previous coursework in the topic.

"The High School Fed Challenge is critical to the New York Fed's long-standing commitment to economic education and we're excited to bring this impactful resource to a wider audience of students and educators through this new format," said Anika Pratt, assistant vice president at the New York Fed. "By fostering important research, teamwork and writing skills, the new academic paper competition seeks to encourage the kind of intellectual collaboration used by real-world researchers and help students form a more personal connection with the study of economics and finance."

Under the new program, student teams will submit a paper addressing an economic theme chosen for the year's competition. Each school may submit one paper, authored by its designated team. As in the past, teams may also make use of faculty advisors. Students and faculty from non-economic disciplines, such as social studies, history, government or language arts, are also encouraged to participate. The theme for the 2020-2021 competition will be announced in September 2020.

The top papers and their affiliated teams will be selected for publication in the Journal of Future Economists, which will be made available in print and online versions. Top papers will be selected based on a holistic evaluation process that will consider academic quality and the relevance and variety of paper topics submitted. This process will also strive to reflect the breadth of communities that comprise the Second District. Additionally, all participating schools and their teams will be listed and recognized within the Journal, regardless of whether their paper was chosen for publication.

More information on the new High School Fed Challenge,including FAQs, program deadlines and a rubric for submissions, can be found here.


Desmond Lee

(212) 720-2416


Companies1 in the news

NEW YORK PRESS RELEASES Press Releases are the latest news from New York companies.
Official press releases of New York companies are regularly published on the resource. You can find out the latest news of enterprises in the corresponding section on the main page. Placing press releases is a traditional and effective way to promote your business. It allows organizations to announce themselves and their products and services to the widest possible audience. In this case, the informational occasion can be anything: attracting people to an event or conference, highlighting new products or personnel appointments. If you set a goal to draw attention to your information, then will become your reliable assistant in this matter. Thanks to the portal, your press release will be seen by reviewers of leading Internet publications, clients and partners. allows representatives of companies and organizations in New York to independently post a press release when registering on the resource. The most important feature of is that all publications of New York companies fall into the archives and will be available from the search for a long time. You just need to add the press release to the news feed. offers its customers a subscription service that allows companies to regularly publish press releases on favorable terms. In addition, the business portal makes it possible to more fully tell about the life of the company by adding photos and videos, personas and employee quotes. All information materials have active links and will lead potential customers to your resource.
Alena Potapova

Development Director
Died this year
Born this year