Greenwich High School Economics Club’s Fed Challenge Team paper, “Swinging Towards Shutdown: Why Jazz Clubs are Losing the Market” earned national publication, being selected as just one of 12 co-winning papers out of 207 in the 31st Annual Federal Reserve System High School Fed Challenge.
This esteemed academic competition is administered by the Federal Reserve Banks of New York, Dallas, and Richmond, and the Greenwich students will be published in the Journal of Future Economists.
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The team, led by faculty advisor Ian Tiedemann, spent months conducting original research and interviews, and formulating their analysis into a podcast-style format. “The Fed Challenge allows us to dive deep into the content and consider how to bring the subject to life. Specifically, we want to interview experts and, where possible, make connections to our community,” Mr. Tiedemann said.
Alex Jackson, team member, said, “The Fed Challenge created an opportunity to explore topics I’m genuinely passionate about at a more profound level. Working alongside a great group of peers under Mr. Tiedemann’s mentorship made all the difference.”
The Federal Reserve System High School Fed Challenge provides students nationwide with an opportunity to strengthen skills in economic research, analytical writing, teamwork, and data literacy. This year’s theme was Economics of Music, where students applied real-world economics to an art shaped by culture, market trends, innovation, and technology.
Team members credit their success to intense preparation and synergistic collaboration.
Team member Shaurya Singh said, “What stands out is how much we grew from last year when we weren’t published, and how that experience shaped how we planned and executed this time.”
GHS team consisted of juniors Alex Jackson, Jasper Wies, and Youhan Liang, and seniors Axel Persson, Boden Farmer, Gabriel Elezaj, Shaurya Singh, and Sylvester “Sly” Pecora.