Contact Information
202-452-2946
john.m.roberts@frb.gov

Fields of Interest
Macroeconomics
Monetary Economics
Prices

Education
Ph.D., Economics, Stanford University, 1987
B.A., Mathematics, Pomona College, 1981

Professional Experience
Board of Governors of the Federal Reserve System, 1987-present
Special Adviser to the Assistant Secretary for Economic Policy, U.S. Treasury Department, 1996-1997
Economist, Organization for Economic Cooperation and Development, Paris, France, 1990-1992

Selected Publications

• ''Monetary Policy and Inflation Dynamics,'' International Journal of Central Banking, vol. 2 (September 2006), pp. 193-230.
• ''Expectations Formation and the Effectiveness of Strategies for Limiting the Consequences of the Zero Bound'' (with David L. Reifschneider), Journal of the Japanese and International Economies, vol. 20 (Summer 2006), pp. 314-37.
• ''Monetary Policy at the Zero Interest Bound: A Model Comparison Exercise'' (with Ippei Fujiwara and Peter McAdam), Journal of the Japanese and International Economies, vol. 20 (Summer 2006), pp. 305-13.
• ''How Well Does the New Keynesian Sticky-Price Model Fit the Data?'' Contributions to Macroeconomics, vol. 5 (2005), pp. 1-37.
• Using Structural Shocks to Identify Models of Investment, Finance and Economics Discussion Series 2005-69. Washington: Board of Governors of the Federal Reserve System, 2005.
• Modeling Aggregate Investment: A Fundamentalist Approach, Finance and Economics Discussion Series 2003-48. Washington: Board of Governors of the Federal Reserve System, 2003.
• ''Estimates of the Productivity Trend Using Time-Varying Parameter Techniques,'' Contributions to Macroeconomics, vol. 1 (2001), pp. 1-30.
• What's Happened to the Phillips Curve? (with Flint Brayton and John C. Williams), Finance and Economics Discussion Series 1999-49. Washington: Board of Governors of the Federal Reserve System, 1999.
• Is Hysteresis Important for U.S. Unemployment? (with Norman J. Morin), Finance and Economics Discussion Series 1999-56. Washington: Board of Governors of the Federal Reserve System, 1999.
• Inflation Expectations and the Transmission of Monetary Policy, Finance and Economics Discussion Series 1998-43. Washington: Board of Governors of the Federal Reserve System, 1998.
• ''Is Inflation Sticky?'' Journal of Monetary Economics, vol. 39 (July 1997), pp. 173-96.
• ''New Keynesian Economics and the Phillips Curve,'' Journal of Money, Credit, and Banking, vol. 27 (November 1995), pp. 975-84.
• ''Evidence on the Flexibility of Prices'' (with David J. Stockton and Charles S. Struckmeyer), Review of Economics and Statistics, vol. 76 (February 1994), pp. 142-50.
• ''The Sources of Business Cycles: A Monetarist Interpretation,'' International Economic Review, vol. 34 (November 1993), pp. 923-34.