Photo of Alain Chaboud

Alain Chaboud

Education

  • Ph.D., Economics, University of Wisconsin, 1997
  • B.S., Economics, Texas A&M University, 1988
Current Research Topics
  • Financial Market Design
  • Algorithmic Trading
  • Economist

    Board of Governors of the Federal Reserve System

    1998 - present
  • Visiting Professor

    Johns Hopkins University

    2009
  • Chaboud, Alain, Benjamin Chiquoine, Erik Hjalmarsson, and Clara Vega (2014). "Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market," Journal of Finance, vol. 69, no. 5, pp. 2045-2084.
  • Chaboud, Alain P., Benjamin Chiquoine, Erik Hjalmarsson, and Mico Loretan (2010). "Frequency of Observation and the Estimation of Integrated Volatility in Deep and Liquid Financial Markets," Journal of Empirical Finance, vol. 17, no. 2, pp. 212-240.
  • Berger, David, Alain Chaboud, and Erik Hjalmarsson (2009). "What Drives Volatility Persistence in the Foreign Exchange Market?" Journal of Financial Economics, vol. 94, no. 2, pp. 192-213.
  • Chaboud, Alain, Benjamin Chiquoine, Erik Hjalmarsson, and Clara Vega (2009). "Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market," International Finance Discussion Papers 980. Board of Governors of the Federal Reserve System (U.S.).
  • Berger, David W., Alain P. Chaboud, Sergey V. Chernenko, Edward Howorka, and Jonathan H. Wright (2008). "Order Flow and Exchange Rate Dynamics in Electronic Brokerage System Data," Journal of International Economics, vol. 75, no. 1, pp. 93-109.
  • Chaboud, Alain P., Sergey V. Chernenko, and Jonathan H. Wright (2008). "Trading Activity and Macroeconomic Announcements in High-Frequency Exchange Rate Data," Journal of the European Economic Association, vol. 6, no. 2-3, pp. 589-596.
  • Chaboud, Alain, Benjamin Chiquoine, Erik Hjalmarsson, and Mico Loretan (2007). "Frequency of Observation and the Estimation of Integrated Volatility in Deep and Liquid Financial Markets," International Finance Discussion Papers 905. Board of Governors of the Federal Reserve System (U.S.).
  • Chaboud, Alain P., Sergey V. Chernenko, and Jonathan H. Wright (2007). "Trading Activity and Exchange Rates in High-Frequency EBS Data," International Finance Discussion Papers 903. Board of Governors of the Federal Reserve System (U.S.).
  • Gagnon, Joseph E., and Alain P. Chaboud (2007). "What can the Data Tell Us about Carry Trades in Japanese Yen?" International Finance Discussion Papers 899. Board of Governors of the Federal Reserve System (U.S.).
  • Berger, David, Alain Chaboud, Erik Hjalmarsson, and Edward Howorka (2006). "What Drives Volatility Persistence in the Foreign Exchange Market?" International Finance Discussion Papers 862. Board of Governors of the Federal Reserve System (U.S.).
  • Berger, David W., Alain P. Chaboud, Sergey V. Chernenko, Edward Howorka, Raj S. Iyer, David Liu, and Jonathan H. Wright (2005). "Order Flow and Exchange Rate Dynamics in Electronic Brokerage System Data," International Finance Discussion Papers 830. Board of Governors of the Federal Reserve System (U.S.).
  • Chaboud, Alain P., and Jonathan H. Wright (2005). "Uncovered Interest Parity: It Works, but Not for Long," Journal of International Economics, vol. 66, no. 2, pp. 349-362.
  • Chaboud, Alain P., and Owen Humpage (2005). "An Assessment of the Impact of Japanese Foreign Exchange Intervention: 1991-2004," International Finance Discussion Papers 824. Board of Governors of the Federal Reserve System (U.S.).
  • Chaboud, Alain P., Sergey Chernenko, Edward Howorka, Raj S. Krishnasami Iyer, David Liu, and Jonathan H. Wright (2004). "The High-Frequency Effects of U.S. Macroeconomic Data Releases on Prices and Trading Activity in the Global Interdealer Foreign Exchange Market," International Finance Discussion Papers 823. Board of Governors of the Federal Reserve System (U.S.).
  • Chaboud, Alain P., and Jonathan H. Wright (2003). "Uncovered Interest Parity: It Works, but Not for Long," International Finance Discussion Papers 752. Board of Governors of the Federal Reserve System (U.S.).
  • Chaboud, Alain P., and Owen F. Humpage (2003). "An Analysis of Japanese Foreign Exchange Interventions, 1991-2002," Working Paper 0309. Federal Reserve Bank of Cleveland.
  • Chaboud, Alain P., and Blake LeBaron (2001). "Foreign-Exchange Trading Volume and Federal Reserve Intervention," Journal of Futures Markets, vol. 21, no. 9, pp. 851-860.
  • Chaboud, Alain (1997). "Three Essays in International Economics," Ph.D dissertation, University of Wisconsin.
Last update: May 19, 2017