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Board of Governors of the Federal Reserve System
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TheEconomists

Photo of Hess T. Chung
202-452-3992
hess.t.chung@frb.gov
Education
  • Ph.D., Economics, Indiana University, 2009
  • B.S., Mathematics, University of Chicago, 1994
Fields of Interest
    • Economist

      Board of Governors of the Federal Reserve System

    • 2008 - 2013
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 2013 - present
  • Chung, Hess, Jean-Philippe Laforte, David Reifschneider, and John C. Williams (2012). "Have we Underestimated the Likelihood and Severity of Zero Lower Bound Events?" Journal of Money, Credit, and Banking, vol. 44, pp. 47-82.
  • Chung, Hess, Jean-Philippe Laforte, David Reifschneider, and John C. Williams (2011). "Estimating the Macroeconomic Effects of the Fed's Asset Purchases," FRBSF Economic Letter, vol. 2011, no. 3, pp. 1-5.
  • Chung, Hess, Michael T. Kiley, and Jean-Philippe Laforte (2010). "Documentation of the Estimated, Dynamic, Optimization- Based (EDO) Model of the U.S. Economy," Finance and Economics Discussion Series 2010-29. Board of Governors of the Federal Reserve System (U.S.).
  • Chung, Hess, and Eric M. Leeper (2007). "What has Financed Government Debt?" NBER Working Papers 13425. National Bureau of Economic Research, Inc.
  • Chung, Hess, Troy Davig, and Eric M. Leeper (2007). "Monetary and Fiscal Policy Switching," Journal of Money, Credit, and Banking, vol. 39, no. 4, pp. 809-842.
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Last update: October 6, 2014