Photo of Borghan N. Narajabad

Borghan N. Narajabad

Education

  • Ph.D., Economics, University of Texas at Austin, 2007
  • B.S., Industrial Engineering, Sharif University of Technology, 2001
Current Research Topics
  • Runs, Safe Assets, Repurchase Agreements
  • Renewable Technology Adoption
  • Chief

    Board of Governors of the Federal Reserve System

    2022 - present
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2016 - 2022
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2015 - 2016
  • Economist

    Board of Governors of the Federal Reserve System

    2013 - 2015
  • Assistant Professor

    Rice University

    2007 - 2013
  • Self-Fulfilling Runs: Evidence from the US Life Insurance Industry
    Nathan Foley-Fisher, Borghan Narajabad, and Stéphane Verani
    Journal of Political Economy (2020)
    https://doi.org/10.1086/708817
    See also » FRB Working Paper (2015)
  • Private Supply of Safe Assets: Shadow Banks versus Traditional Banks
    Stefan Gissler, Marco Macchiavelli, and Borghan Narajabad
    American Economic Review: Papers and Proceedings (2020)
    https://doi.org/10.1257/pandp.20201098
  • Assessing the Size of the Risks Posed by Life Insurers' Nontraditional Liabilities
    Nathan Foley-Fisher, Borghan Narajabad, and Stephane Verani
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2358
  • The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 1: Background
    Stefan Gissler and Borghan Narajabad
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2070
  • The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 3: Implications for Financial Stability
    Stefan Gissler and Borghan Narajabad
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2094
  • The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 2: Recent Trends and Potential Drivers
    Stefan Gissler and Borghan Narajabad
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2093
  • Why Rent When You Can Buy?
    Cyril Monnet and Borghan N. Narajabad
    Finance and Economics Discussion Series (2017)
    https://doi.org/10.17016/FEDS.2017.094
  • Renewable Technology Adoption and the Macroeconomy
    Bernardino Adao, Borghan Narajabad, and Ted Loch-Temzelides
    CESifo Working Papers (2017)
  • Robust Dynamic Energy Use and Climate Change
    Xin Li, Borghan Narajabad, and Ted Temzelides
    Quantitative Economics (2016)
    https://doi.org/10.3982/QE463
  • Securities Lending as Wholesale Funding: Evidence from the U.S. Life Insurance Industry
    Nathan Foley-Fisher, Borghan Narajabad, and Stephane Verani
    NBER Working Paper Series (2016)
    https://doi.org/10.3386/w22774
    See also » FRB Working Paper (2016)
  • Funding Agreement-Backed Securities in the Enhanced Financial Accounts
    Nathan C. Foley-Fisher, Ralf R. Meisenzahl, Borghan Narajabad, Maria G. Perozek, and Stephane H. Verani
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1823
  • Robust Dynamic Optimal Taxation and Environmental Externalities
    Xin Li, Borghan N. Narajabad, and Ted Temzelides
    Finance and Economics Discussion Series (2014)
    https://doi.org/10.17016/FEDS.2014.075
  • Renewable Technology Adoption and the Macroeconomy
    Bernardino Adão, Borghan Narajabad, and Ted Temzelides
    RISE Working Paper (2014)
  • Information Technology and the Rise of Household Bankruptcy
    Borghan N. Narajabad
    Review of Economic Dynamics (2012)
    https://doi.org/10.1016/j.red.2012.06.002
  • The Dynamics of Innovation and Horizontal Differentiation
    Borghan Narajabad and Randal Watson
    Journal of Economic Dynamics & Control (2011)
    https://doi.org/10.1016/j.jedc.2010.08.008
  • Essays on Dynamic Markets with Heterogeneous Agents
    Borghan N. Narajabad
    University of Texas (2007)
Referee
  • American Economic Review
  • Journal of Political Economy
  • Review of Economic Studies
  • Journal of Finance
  • Review of Economic Dynamics
  • International Economic Review
  • Journal of Economic Dynamics and Control
  • American Economic Journal: Macroeconomics
  • Economic Theory
  • Annals of Finance, Economic Inquiry
  • Macroeconomic Dynamics
  • Journal of Economic Growth
  • Scandinavian Journal of Economics
  • Bulletin of Economic Research
Professional Affiliation
  • American Economics Association, member 2001-present
Last update: October 3, 2022