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Meet the Economists

Photo of Benjamin K. Johannsen

Benjamin K. Johannsen

Chief Monetary Studies Section Monetary Affairs
202-530-6221
benjamin.k.johannsen@frb.gov

Education

  • Ph.D., Economics, Northwestern University, 2013
  • M.A., Economics, Northwestern University, 2009
  • B.A., Philosophy and Economics, Grinnell College, 2006
Current Research Topics
  • Macroeconomics
  • Time Series Analysis
  • Chief

    Board of Governors of the Federal Reserve System

    2020 - present
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2018 - 2020
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2016 - 2018
  • Economist

    Board of Governors of the Federal Reserve System

    2013 - 2016
  • Eichenbaum, M. S., B. K. Johannsen, and S. T. Rebelo (2021). "Monetary Policy and the Predictability of Nominal Exchange Rates," The Review of Economic Studies, vol. 88, no. 1, pp. 192–228.
  • Herbst, Edward P., and Benjamin K. Johannsen (2021). "Bias in Local Projections," Finance and Economics Discussion Series 2020-010r1. Board of Governors of the Federal Reserve System (U.S.).
  • Duarte, Fernando, Benjamin K. Johannsen, Leonardo Melosi, and Taisuke Nakata (2020). "Strengthening the FOMC's Framework in View of the Effective Lower Bound and Some Considerations Related to Time-Inconsistent Strategies," Finance and Economics Discussion Series 2020-067. Board of Governors of the Federal Reserve System (U.S.).
  • Datta, Deepa D., Benjamin K. Johannsen, Hannah Kwon, and Robert J. Vigfusson (forthcoming). "Oil, Equities, and the Zero Lower Bound," American Economic Journal: Macroeconomics.
  • Gagnon, Etienne, Benjamin Johannsen, and David López-Salido (2020). "Supply-Side Effects of Pandemic Mortality: Insights from an Overlapping-Generations Model," Finance and Economics Discussion Series 2020-060. Board of Governors of the Federal Reserve System (U.S.).
  • Eichenbaum, Martin, Benjamin K. Johannsen, and Sergio Rebelo (2018). "Understanding the Volatility of the Canadian Exchange Rate," Commentary, no. 502. C.D. Howe Institute.
  • Christiano, Lawrence, Martin S. Eichenbaum, and Benjamin K. Johannsen (2018). "Does the New Keynesian Model Have a Uniqueness Problem?" NBER Working Paper, no. 24612. National Bureau of Economic Research.
  • Gagnon, Etienne, Benjamin K. Johannsen, and David López-Salido (2018). "Comment: The Demographic Deficit," Journal of Monetary Economics, vol. 93, pp. 63-67.
  • Gust, Christopher, Benjamin K. Johannsen, and J. David Lopez-Salido (2017). "Monetary Policy, Incomplete Information, and the Zero Lower Bound," IMF Economic Review, vol. 65, no. 1, pp. 37-70.
  • Bongard, Michelle, and Benjamin K. Johannsen (2016). "The Neutral Rate and the Summary of Economic Projections," FEDS Notes 2016-11-28. Board of Governors of the Federal Reserve System (U.S.).
  • Gagnon, Etienne, Benjamin K. Johannsen, and David Lopez-Salido (2016). "Understanding the New Normal: The Role of Demographics," Finance and Economics Discussion Series 2016-080. Board of Governors of the Federal Reserve System (U.S.).
  • Benjamin K. Johannsen, and Elmar Mertens (2016). "The Expected Real Interest Rate in the Long Run: Time Series Evidence with the Effective Lower Bound," FEDS Notes 2016-02-09. Board of Governors of the Federal Reserve System (U.S.).
  • Johannsen, Benjamin K., and Elmar Mertens (2016). "A Time Series Model of Interest Rates With the Effective Lower Bound," Finance and Economics Discussion Series 2016-033. Board of Governors of the Federal Reserve System (U.S.).
  • Johannsen, Benjamin K. (2014). "Inflation Experience and Inflation Expectations: Dispersion and Disagreement within Demographic Groups," Finance and Economics Discussion Series 2014-89. Board of Governors of the Federal Reserve System (U.S.).
  • Johannsen, Benjamin K. (2014). "When are the Effects of Fiscal Policy Uncertainty Large?" Finance and Economics Discussion Series 2014-40. Board of Governors of the Federal Reserve System (U.S.).
  • Beechey, Meredith J., Benjamin K. Johannsen, and Andrew T. Levin (2011). "Are Long-Run Inflation Expectations Anchored More Firmly in the Euro Area than in the United States?" American Economic Journal: Macroeconomics, vol. 3, no. 2, pp. 104-129.
Professional Affiliation
  • American Economic Association
Last update: February 16, 2021