TheEconomists
202-452-2534
david.m.arseneau@frb.gov
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
- The Threat of Offshoring
- Rational Expectations Storage Models
Professional Experience
Senior Economist
Board of Governors of the Federal Reserve System
- 2009 - present
Deputy Assistant Secretary for Macroeconomic Policy
Department of Treasury
- 2012 - 2013
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
Publications
- 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., and Sanjay K. Chugh (Forthcoming). "Tax Smoothing in Frictional Labor Markets," Journal of Political Economy.
- Arseneau, David M. (Forthcoming). "Explaining the Energy Consumption Portfolio in a Cross-Section of Countries: Are the BRICs Different?" Law and Business Review of the Americas.
- 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 Sylvain Leduc (2012). "Commodity Price Movements in a General Equilibrium Model of Storage," International Finance Discussion Papers 1054. Board of Governors of the Federal Reserve System (U.S.).
- 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 (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 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 (2007). "Optimal Fiscal and Monetary Policy with Costly Wage Bargaining," International Finance Discussion Papers 893. 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.).
Presentations
seminar
2013
University of Colorado
Globalization, Labor Market Mismatch, and Wage Inequality
conference
2012
European Central Bank
Commodity Price Movements in a General Equilibrium Storage Model
seminar
2012
Boston College
Threatening to Offshore in a Search Model of the Labor Market
conference
2012
Bank of Finland
Threatening to Offshore in a Search Model of the Labor Market
conference
2012
Society of Economic Dynamics (Cyprus)
Threatening to Offshore in a Search Model of the Labor Market
seminar
2012
Federal Reserve Bank of Dallas
Commodity Price Movements in a General Equilibrium Storage Model
conference
2012
Economic Leadership from the Emerging World? (Cox School of Business, Southern Methodist University)
The Role of China and India in Global Energy Markets
seminar
2012
Bank of Canada
Threatening to Offshore in a Search Model of the Labor Market
conference
2012
Policy Responses to Commodity Price Movements (CBRT-IMFER)
Is Monetary Policy a Key Driver of Commodity Prices? A View From a Competitive Storage Model
seminar
2012
Federal Reserve Bank of Richmond
Threatening to Offshore in a Search Model of the Labor Market
conference
2011
Globalization: Strategies and Effects (Aarhus University)
Threatening to Offshore in a Search Model of the Labor Market
conference
2011
West Coast Search Conference (University of California - Santa Cruz)
Threatening to Offshore in a Search Model of the Labor Market
conference
2011
Commodities, The Economy, and Money (Haskeyne School of Business, University of Calgary)
Commodity Futures Might Not be as Bad a Forecasting Tool as You Think
conference
2011
Commodities, The Economy, and Money (Haskeyne School of Business, University of Calgary)
Commodity Price Dynamics Through the Lens of the Rational Expectations Storage Model
conference
2011
Round Table on Oil Price Developments (U.S. Treasury Department)
The Role of China and India in Global Energy Markets
seminar
2011
Federal Reserve Bank of Cleveland
Threatening to Offshore in a Search Model of the Labor Market
conference
2011
IAEE Annual Meetings (Stockholm, Sweden)
Explaining the Energy Consumption Profile in a Cross-Section of Countries
discussion
2011
SCIEA System Meetings (Federal Reserve Bank of Atlanta)
Discussion of "Self-Employment in the Global Economy" by Federico Diez and Ali Ozdagli
conference
2011
Midwest Macro Meetings (Vanderbilt University)
Threatening to Offshore in a Search Model of the Labor Market
conference
2011
Econometrics Society Summer Meetings (Washington University, St. Louis, Missouri)
Threatening to Offshore in a Search Model of the Labor Market
discussion
2011
T2M Conference (HEC Montreal)
Discussion of "Endogenous Business Cycles in OLG Economies with Multiple Consumption Goods" by Carine Nourry and Alain Venditti
conference
2011
T2M Conference (HEC Montreal)
Threatening to Offshore in a Search Model of the Labor Market
discussion
2010
Macro System Meetings, Federal Reserve Bank of Boston
Discussion of "Search Frictions and the Labor Wedge" by Murat Tasci and Andrea Pescatori
seminar
2010
Study Center Gerzensee
Threatening to Offshore in a Search Model of the Labor Market
seminar
2010
European Central Bank (ECB)
Threatening to Offshore in a Search Model of the Labor Market
seminar
2010
Deutsche Bundesbank
Threatening to Offshore in a Search Model of the Labor Market
conference
2010
Energy Information Administration Annual Meeting
Short-term Movements in Oil Prices
discussion
2009
Roundtable sponsored by Johns Hopkins University (Washington D.C. Center)
Perspectives on the Financial Crisis
conference
2009
Roundtable sponsored by Bank of Canada at CEA Annual Meetings
The Oil Price Spike of 2008
conference
2009
Econometrics Society Summer Meetings (Boston University)
Tax Smoothing in Frictional Labor Markets
conference
2009
Midwest Macro Meetings (Indiana University)
Tax Smoothing in Frictional Labor Markets
conference
2009
Society for Economic Dynamics, Istanbul, Turkey
Tax Smoothing in Frictional Labor Markets
conference
2008
International Monetary Policy Research Conference (ECB)
Tax Smoothing in Frictional Labor Markets
conference
2008
Workshop on Labor Markets (Hungarian National Bank, Budapest, Hungary)
Optimal Fiscal and Monetary Policy in Customer Markets
conference
2008
ASSA Winter Meetings, New Orleans, Louisiana
Bargaining, Fairness, and Price Rigidity in a DSGE Environment
conference
2007
Money, Banking, Payments, and Finance Workshop, Federal Reserve Bank of Cleveland
Optimal Fiscal and Monetary Policy in Customer Markets
conference
2007
Money, Credit, and Policy Conference, Federal Reserve Bank of St. Louis/ Washington University, St. Louis, Missouri
Optimal Fiscal and Monetary Policy in Customer Markets
conference
2007
Econometric Society Summer Meetings (Duke University)
Bargaining, Fairness, and Price Rigidity in a DSGE Environment
conference
2006
Econometric Society Summer Meetings (University of Minnesota)
Ramsey Meets Hosios: The Optimal Capital Tax and Labor Market Efficiency
seminar
2005
University of Georgia
Fiscal Shocks, Job Creation, and Countercyclical Labor Markups
seminar
2005
Federal Reserve Bank of Atlanta
Fiscal Shocks, Job Creation, and Countercyclical Labor Markups
conference
2004
Econometric Society Summer Meetings (Brown University)
Expectation Traps in a New Keynesian Open Economy
conference
2004
Midwest Macro Meetings (Iowa State University)
The Inflation Tax in an Open Economy with Imperfect Competition
conference
2004
Southern Economic Association Meetings, New Orleans, Louisiana
The Inflation Tax in an Open Economy with Imperfect Competition
seminar
2003
Binghamton University
The Inflation Tax in an Open Economy with Imperfect Competition
seminar
2003
Board of Governors of the Federal Reserve System
The Inflation Tax in an Open Economy with Imperfect Competition
seminar
2003
Texas A&M University
The Inflation Tax in an Open Economy with Imperfect Competition
seminar
2003
Federal Reserve Bank of Richmond
The Inflation Tax in an Open Economy with Imperfect Competition
Other Activities
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
- Economic Journal
- Economic Theory
- International Review of Economics and Finance
- Journal of Monetary Economics
- Journal of Money, Credit, and Banking
- Journal of Public Economics
- International Economic Review
- International Journal of Central Banking
- Macroeconomic Dynamics
- Scandinavian Journal of Economics
Professional Affiliation
- American Economic Association, 2004 to Present
- International Association for Energy Economists, 2010 to Present
Last update:
April 1, 2013
