College Fed Challenge

The 2023 Penn Fed Challenge team poses with Federal Reserve Chair Jerome Powell.
The 2023 Penn Fed Challenge team poses with Federal Reserve Chair Jerome Powell.

 

 

The Penn College Fed Challenge team represents the Department of Economics at the annual College Fed Challenge. Sponsored by the Federal Reserve, the Fed Challenge is a national competition where teams analyze macroeconomic and financial conditions and formulate monetary policy recommendations. We welcome all undergraduates interested in economic research and policy.

Our team has consistently advanced to the national championships every year from 2019 to 2023, placing second in 2013 and 2021. We are incredibly grateful to the Economics Department faculty for their enthusiastic support and mentorship.

Advisors: Frank Schorfheide (schorf@econ.upenn.edu),  Luca Bossi (boluca@econ.upenn.edu)

2025 Team Captains: Nikhil Kumar (kumarnik@sas.upenn.edu), Amy Zhang (zhangamy@wharton.upenn.edu)

2025 Team: Amy Zhang, Nikhil Kumar, Veronica Baladi, Reagan Bossong, Ashwin Laksumanage, Tianshu (Victor) Xu, Gergely Madár

 

Past Teams:

  • 2024: Thomas Li, Sneha Parthasarathy, Yamin Phyu, Amy Zhang, Nikhil Kumar, Veronica Baladi, Reagan Bossong, Winston Jian
  • 2023: Akhilesh Tumu, Patrick Zhang, Brian Lee, Thomas Li, Sneha Parthasarathy, Yamin Phyu, Amy Zhang
  • 2022: Roshie Xing, Brian Lee, Patrick Zhang, Akhilesh Tumu, Anvit Rao, Stephanie Nam, David Zhi LuoZhang
  • 2021: Elizaveta Brover, Brian Lee, Isaac Tham, Roshie Xing, David Zhi LuoZhang, Stephanie Nam, Patrick Zhang
  • 2020: Elizaveta Brover, Brian Lee, Jessica Mixon, Renan Muta, Isaac Tham, Arnav Joshi
  • 2019: Elizaveta Brover, Justin Guo, Renan Muta, Aman Virdi, Catherine Wang