Photo of Antulio N. Bomfim

Antulio N. Bomfim

Special Adviser to the Board Program Direction Section Monetary Affairs
202-452-3497
[email protected]

Education

  • M.Sc., Mathematical Finance, University of Oxford (UK), 2002
  • Ph.D., Economics, University of Maryland, 1992
  • M.A., Economics, University of Maryland, 1990
Current Research Topics
  • Term Structure of Interest Rates
  • Monetary Policy
  • Special Adviser to the Board

    Board of Governors of the Federal Reserve System

    2019 - present
  • Special Adviser to the Chairman

    Board of Governors of the Federal Reserve System

    2018 - 2019
  • Senior Adviser

    Board of Governors of the Federal Reserve System

    2016 - 2018
  • Senior Managing Director/Co-Head of Monetary Policy Insights

    Macroeconomic Advisers

    2011 - 2015
  • Managing Director

    Macroeconomic Advisers

    2010 - 2011
  • Senior Economist

    Macroeconomic Advisers

    2009 - 2010
  • Portfolio Manager/Co-Head of Interest Rate Strategy

    OFI Institutional Asset Management (OppenheimerFunds)

    2003 - 2009
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2001 - 2003
  • Economist

    Board of Governors of the Federal Reserve System

    1992 - 2001
  • Credit Default Swaps
    Antulio N. Bomfim
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.023
  • Understanding Credit Derivatives and Related Instruments
    Antulio N. Bomfim
    Understanding Credit Derivatives and Related Instruments (2015)
  • The (Widening) U.S. Current Account Deficit: Implications for the Interest Rate Outlook
    Antulio N. Bomfim
    Oppenheimer Funds (2004)
  • Understanding Credit Derivatives and Related Instruments
    Antulio N. Bomfim
    Academic Press (2004)
  • Interest Rates as Options: Assessing the Markets' View of the Liquidity Trap
    Antulio N. Bomfim
    Finance and Economics Discussion Series (2003)
    https://doi.org/10.17016/FEDS.2003.45
  • Monetary Policy and the Yield Curve
    Antulio N. Bomfim
    Finance and Economics Discussion Series (2003)
    https://doi.org/10.17016/FEDS.2003.15
  • Counterparty Credit Risk in Interest Rate Swaps during Times of Market Stress
    Antulio N. Bomfim
    Finance and Economics Discussion Series (2003)
    https://doi.org/10.17016/FEDS.2003.09
  • Optimal Portfolio Allocation in a World Without Treasury Securities
    Antulio N. Bomfim
    Journal of Asset Management (2003)
    https://doi.org/10.1057/palgrave.jam.2240092
    See also » FRB Working Paper (2001)
  • Pre-announcement Effects, News Effects, and Volatility: Monetary Policy and the Stock Market
    Antulio N. Bomfim
    Journal of Banking & Finance (2003)
    See also » FRB Working Paper (2000)
  • Credit Derivatives and Their Potential to Synthesize Riskless Assets
    Antulio N. Bomfim
    Journal of Fixed Income (2002)
    https://doi.org/10.3905/jfi.2002.319328
  • Measurement Error in General Equilibrium: The Aggregate Effects of Noisy Economic Indicators
    Antulio N. Bomfim
    Journal of Monetary Economics (2001)
    https://doi.org/10.1016/S0304-3932(01)00083-6
    See also » FRB Working Paper (1999)
  • Understanding Credit Derivatives and Their Potential to Synthesize Riskless Assets
    Antulio N. Bomfim
    Finance and Economics Discussion Series (2001)
    https://doi.org/10.17016/FEDS.2001.50
  • Heterogeneous Forecasts and Aggregate Dynamics
    Antulio N. Bomfim
    Journal of Monetary Economics (2001)
    https://doi.org/10.1016/S0304-3932(00)00046-5
    See also » FRB Working Paper (2000)
  • Measuring Equilibrium Real Interest Rates: What Can We Learn From Yields on Indexed Bonds?
    Antulio N. Bomfim
    Journal of Fixed Income (2001)
    https://doi.org/10.3905/jfi.2001.319306
    See also » FRB Working Paper (2001)
  • Making News: Financial Market Effects of Federal Reserve Disclosure Practices
    Antulio N. Bomfim and Vincent R. Reinhart
    Finance and Economics Discussion Series (2000)
    https://doi.org/10.17016/FEDS.2000.14
  • Opportunistic and Deliberate Disinflation under Imperfect Credibility
    Antulio N. Bomfim and Glenn D. Rudebusch
    Journal of Money, Credit and Banking (2000)
    https://doi.org/10.2307/2601179
    See also » FRB Working Paper (1998)
  • Do Noisy Data Exacerbate Cyclical Volatility?
    Antulio N. Bomfim
    Finance and Economics Discussion Series (1999)
    https://doi.org/10.17016/FEDS.1999.50
  • Profits and Balance Sheet Developments at U.S. Commercial Banks in 1998
    Antulio N. Bomfim and William R. Nelson
    Federal Reserve Bulletin (1999)
    https://doi.org/10.17016/bulletin.1999.85-6
  • Long-Run Inflation Expectations and Monetary Policy
    Antulio N. Bomfim and Flint Brayton
    Topics in Monetary Policy Modelling, BIS Conference Papers (1998)
  • Forecasting the Forecasts of Others: Expectational Heterogeneity and Aggregate Dynamics
    Antulio N. Bomfim
    Finance and Economics Discussion Series (1997)
    https://doi.org/10.17016/FEDS.1996.41
  • Expectations, Learning, and the Costs of Disinflation: Experiments using the FRB/US Model
    Antulio N. Bomfim, Robert Tetlow, Peter von zur Muehlen, and John Williams
    Monetary Policy and the Inflation Process, BIS Conference Papers (1997)
    See also » FRB Working Paper (1997)
  • Bounded Rationality and Strategic Complementarity in a Macroeconomic Model: Policy Effects, Persistence and Multipliers
    Antulio N. Bomfim and Francis X. Diebold
    Economic Journal (1997)
    https://doi.org/10.1111/j.1468-0297.1997.tb00052.x
  • The Equilibrium Fed Funds Rate and the Indicator Properties of Term-Structure Spreads
    Antulio N. Bomfim
    Economic Inquiry (1997)
    https://doi.org/10.1111/j.1465-7295.1997.tb01967.x
  • Bounded Rationality and Strategic Complementarity in a Macroeconomic Model: Policy Effects, Persistence and Multipliers
    Antulio N. Bomfim and Francis X. Diebold
    NBER Working Paper Series (1996)
    https://doi.org/10.3386/w5482
  • The Equilibrium Fed Funds Rate and the Indicator Properties of Term-Structure Spreads
    Antulio N. Bomfim
    Finance and Economics Discussion Series (1995)
  • Macroeconomic Management and the Division of Powers in Brazil: Perspectives for the 1990s
    Antulio Bomfim and Anwar Shah
    World Development (1994)
    https://doi.org/10.1016/0305-750X(94)90109-0
  • Forecast-Heterogeneity in the Business Cycle: Small Deviations from Rationality, Large Dynamic Effects
    Antulio N. Bomfim
    Finance and Economics Discussion Series (1993)
  • Strategic Complementarities and Business Cycles: Essays in Dynamic Macroeconomics
    Antulio N. Bomfim
    Dissertations (University of Maryland, College Park) (1992)
  • Near-rationality and Strategic Complementarity in a Macroeconomic Model: Policy Effects, Persistence and Multipliers
    Antulio N. Bomfim and Francis X. Diebold
    Finance and Economics Discussion Series (1992)
  • Macroeconomic Management and the Division of Powers in Brazil: Perspectives for the Nineties
    Antulio N. Bomfim and Anwar Shah
    Policy & research series (1991)
Last update: July 25, 2022