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TheEconomists

Photo of David M. Arseneau
202-452-2534
david.m.arseneau@frb.gov
Education
  • Ph.D., Economics, University of Virginia, 2004
  • M.A., Economics, University of Virginia, 1999
  • B.A., Economics, Boston College, 1994
  • Current Research Topics

  • Financial Regulation
  • Macroeconomics
    • Section Chief

      Board of Governors of the Federal Reserve System

    • 2015 - present
    • Deputy Assistant Secretary for Macroeconomic Policy

      Department of Treasury

    • 2012 - 2013
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 2009 - 2015
    • Economist

      Board of Governors of the Federal Reserve System

    • 2003 - 2009
    • Adjunct Professor

      Johns Hopkins University, Washington D.C. Center

    • 2008 - present
    • Adjunct Professor

      Georgetown University

    • 2007 - 2009
    • Summer Intern

      The World Bank

    • 2001
    • Research Assistant

      Boston Health Economics, Inc.

    • 1996 - 1997
    • Research Assistant

      Policy Analysis, Inc.

    • 1994 - 1996
  • Arseneau, David M., David Rappoport, and Alexandros P. Vardoulakis (2015). "Secondary Market Liquidity and the Optimal Capital Structure," Finance and Economics Discussion Series 2015-031. Washington: Board of Governors of the Federal Reserve System.
  • Arseneau, David M., Ryan Chahrour, Sanjay K. Chugh, and Alan Finkelstein Shapiro (2015). "Optimal Fiscal and Monetary Policy in Customer Markets," Journal of Money, Credit, and Banking, vol. 47, no. 4, pp. 617-672.
  • Arseneau, David M., and Brendan Epstein (2014). "Offshoring, Mismatch, and Labor Market Outcomes," International Finance Discussion Papers 1118. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Brendan Epstein (2014). "The Welfare Costs of Skill-Mismatch Employment," Finance and Economics Discussion Series 2014-42. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Michael T. Kiley (2014). "The Role of Financial Imbalances in Assessing the State of the Economy," FEDS Notes 2014-04-18. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M. (2012). "Expectations Traps in a New Keynesian Open Economy Model," Economic Theory, vol. 49, 1, pp. 81-112.
  • Arseneau, David M., and Sanjay K. Chugh (2008). "Optimal Fiscal and Monetary Policy in Customer Markets," International Finance Discussion Papers 919. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Sylvain Leduc (2013). "Commodity Price Movements in a General Equilibrium Model of Storage," IMF Economic Review, vol. 61, no. 1, pp. 199-224.
  • Arseneau, David M., and Sanjay K. Chugh (2012). "Tax Smoothing in Frictional Labor Markets," Journal of Political Economy, vol. 120, no. 5, pp. 926-985.
  • Arseneau, David M. (2012). "Explaining the Energy Consumption Portfolio in a Cross-Section of Countries: Are the BRICs Different?" Law and Business Review of the Americas, vol. 18, no. 4, pp. 553-583.
  • Arseneau, David M. (2012). "Review of International Trade with Equilibrium Unemployment," Review of International Economics, vol. 20, no. 3, pp. 654-656.
  • Arseneau, David M. (2012). "Expectation Traps in a New Keynesian Open Economy Model," Economic Theory, vol. 49, no. 1, pp. 81-112.
  • Arseneau, David M., and Sanjay K. Chugh (2008). "Optimal Fiscal and Monetary Policy with Costly Wage Bargaining," Journal of Monetary Economics, vol. 55, no. 8, pp. 1401-1414.
  • Arseneau, David M. (2007). "The Inflation Tax in an Open Economy with Imperfect Competition," Review of Economic Dynamics, vol. 10, no. 1, pp. 126-147.
  • Arseneau, David M., and Sanjay K. Chugh (2008). "Competitive Search Equilibrium in a DSGE Model," International Finance Discussion Papers 929. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Sanjay K. Chugh (2007). "Bargaining, Fairness, and Price Rigidity in a DSGE Environment," International Finance Discussion Papers 900. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Sanjay K. Chugh (2006). "Ramsey Meets Hosios: The Optimal Capital Tax and Labor Market Efficiency," International Finance Discussion Papers 870. Board of Governors of the Federal Reserve System (U.S.).

Awards

  • 2005

    American Academy of Political and Social Science

    Graduate Fellow

  • 2000

    University of Virginia

    Albert T. Gallatin Fellowship in International Affairs

  • 2000

    University of Virginia

    Bankard pre-Doctoral Fellowship

  • 1999

    University of Virginia

    Dean of Faculty Fellowship

Referee

  • American Economic Journal: Macroeconomics
  • American Journal of Agricultural Economics
  • B.E. Journal of Macroeconomics
  • Canadian Journal of Economics
  • Economic Journal
  • Economic Inquiry
  • Economic Letters
  • Economic Theory
  • European Economic Review
  • International Review of Economics and Finance
  • Journal of Applied Economics
  • Journal of Economics, Dynamics, and Control
  • Journal of Monetary Economics
  • Journal of Money, Credit, and Banking
  • Journal of Public Economics
  • International Economic Review
  • International Journal of Central Banking
  • Macroeconomic Dynamics
  • Oxford Bulletin of Economics and Statistics
  • Scandinavian Journal of Economics

Professional Affiliation

  • American Economic Association, 2004 to Present
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Last update: July 11, 2016