Photo of Benjamin Dennis

Benjamin Dennis


  • Ph.D., Economics, Harvard University, 1996
  • B.A., Economics, Michigan State University, 1990
Current Research Topics
  • Structural transformation and trade
  • Market liquidity and interconnectedness
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2019 - present
  • Deputy Director and Senior Economist

    US Department of the Treasury

    2008 - 2019
  • Visiting Economist

    Board of Governors of the Federal Reserve System

    2014 - 2015
  • Senior Economist International Finance

    Council of Economic Advisers

    2008 - 2009
  • Lead Economist and Director of Technical Assessment

    Millennium Challenge Corporation

    2006 - 2008
  • Resident Macroeconomic Advisor

    Harvard Institute for International Development (Jakarta)

    1998 - 1999
  • Associate Professor

    University of the Pacific

    1996 - 2006
  • Climate Change and Financial Policy: A Literature Review
    Benjamin N. Dennis
    Finance and Economics Discussion Series (2022)
  • Climate-related Financial Stability Risks for the United States: Methods and Applications
    Celso Brunetti, John Caramichael, Matteo Crosignani, Benjamin Dennis, Gurubala Kotta, Don Morgan, Chaehee Shin, and Ilknur Zer Boudet
    Finance and Economics Discussion Series (2022)
  • Climate Change and Financial Stability
    Celso Brunetti, Benjamin Dennis, Dylan Gates, Diana Hancock, David Ignell, Elizabeth K. Kiser, Gurubala Kotta, Anna Kovner, Richard J. Rosen, and Nicholas K. Tabor
    FEDS Notes (2021)
  • Structural Change and Global Trade Flows: Does An Emerging Giant Matter?
    Benjamin N. Dennis and Talan B. İşcan
    Review of International Economics (2020)
  • Agricultural distortions, structural change, and economic growth: A cross-country analysis
    Benjamin Dennis and Talan B. Iscan
    American Journal of Agricultural Economics (2011)
  • Engel versus Baumol: Accounting for U.S. structural change using two centuries of data
    Benjamin Dennis and Talan B. Iscan
    Explorations in Economic History (2009)
  • Which exchange rates matter for FDI? Evidence for Japan
    Benjamin Dennis, Christopher Laincz, and Lei Zhu
    Southern Economic Journal (2008)
  • Prouctivity Growth and Agricultural Out-migration in the United States
    Benjamin Dennis and Talan B. Iscan
    Structural Change and Economic Dynamics (2007)
  • Terms-of-Trade Risk With Partial Labor Mobility
    Benjamin Dennis and Talan B. Iscan
    Journal of International Economics (2006)
  • On the terms-of-trade and sectoral reallocations
    Benjamin Dennis and Talan B. Iscan
    Review of International Economics (2005)
  • Holding Out for a Haircut: Financial Crisis, Moral Hazard and Interest Rate Policy
    Benjamin Dennis and Simon Kandel
    International Journal of Finance & Economics (2000)<233::AID-IJFE127>3.0.CO;2-B
Last update: October 3, 2022