Meet the Economists

Damjan Pfajfar
Group Manager
Monetary Studies Section
Monetary Affairs
202-452-2813
[email protected]
[email protected]
Education
- Ph.D., Economics, University of Cambridge, 2008
- M.Sc., Economics, University of Warwick, 2003
- B.Sc., Economics, University of Ljubljana, 2002
Group Manager
Board of Governors of the Federal Reserve System
2021 - presentPrincipal Economist
Board of Governors of the Federal Reserve System
2016 - presentSenior Economist
Board of Governors of the Federal Reserve System
2015 - 2016Economist
Board of Governors of the Federal Reserve System
2014 - 2015Assistant Professor
University of Tilburg
2008 - 2014
- The Role of Expectations in Changed Inflation Dynamics
Damjan Pfajfar and John M. Roberts
International Journal of Central Banking (2022)
See also » FRB Working Paper (2018) - When Is the Fiscal Multiplier High? A Comparison of Four Business Cycle Phases
Travis Berge, Maarten De Ridder, and Damjan Pfajfar
European Economic Review (2021)
https://doi.org/10.1016/j.euroecorev.2021.103852
See also » FRB Working Paper (2020) - Latent Variables Analysis in Structural Models: A New Decomposition of the Kalman Smoother
Hess Chung, Cristina Fuentes-Albero, Matthias Paustian, and Damjan Pfajfar
Journal of Economic Dynamics & Control (2021)
https://doi.org/10.1016/j.jedc.2021.104097
See also » FRB Working Paper (2020) - Frictions in an Experimental Dynamic Stochastic General Equilibrium Economy
Charles N. Noussair, Damjan Pfajfar, and Janos Zsiros
Journal of Money, Credit and Banking (2021)
https://doi.org/10.1111/jmcb.12791 - The Multiplier Effect of Education Expenditure
Maarten De Ridder, Simona M. Hannon, and Damjan Pfajfar
Finance and Economics Discussion Series (2020)
https://doi.org/10.17016/FEDS.2020.058 - The Hidden Heterogeneity of Inflation Expectations and its Implications
Lena Dräger, Michael J. Lamla, and Damjan Pfajfar
Finance and Economics Discussion Series (2020)
https://doi.org/10.17016/FEDS.2020.054 - Inflation and Deflationary Biases in Inflation Expectations
Michael J. Lamla, Damjan Pfajfar, and Lea Rendell
Finance and Economics Discussion Series (2019)
https://doi.org/10.17016/FEDS.2019.042 - Duration Dependence, Monetary Policy Asymmetries, and the Business Cycle
Travis J. Berge and Damjan Pfajfar
Finance and Economics Discussion Series (2019)
https://doi.org/10.17016/FEDS.2019.020 - The Role of Expectations in Changed Inflation Dynamics
Damjan Pfajfar and John M. Roberts
Finance and Economics Discussion Series (2018)
https://doi.org/10.17016/FEDS.2018.062 - Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory
Damjan Pfajfar and Blaz Žakelj
Macroeconomic Dynamics (2018)
https://doi.org/10.1017/S1365100516000560
See also » FRB Working Paper (2015) - Policy Shocks and Wage Rigidities: Empirical Evidence from Regional Effects of National Shocks
Maarten De Ridder and Damjan Pfajfar
Cambridge Working Papers in Economics (2017) - Consumers' Attitudes and Their Inflation Expectations
Michael Ehrmann, Damjan Pfajfar, and Emiliano Santoro
International Journal of Central Banking (2017)
See also » FRB Working Paper (2015) - Uncertainty in Forecasting Inflation and Monetary Policy Design: Evidence from the Laboratory
Damjan Pfajfar and Blaž Žakelj
International Journal of Forecasting (2016)
https://doi.org/10.1016/j.ijforecast.2016.01.005 - Are Survey Expectations Theory-Consistent? The Role of Central Bank Communication and News
Lena Dräger, Michael J. Lamla, and Damjan Pfajfar
European Economic Review (2016)
https://doi.org/10.1016/j.euroecorev.2016.01.010
See also » FRB Working Paper (2015) - Pricing Decisions in an Experimental Dynamic Stochastic General Equilibrium Economy
Charles Noussiar, Damjan Pfajfar, and Janos Zsiros
Journal of Economic Behavior & Organization (2015)
https://doi.org/10.1016/j.jebo.2014.10.016
See also » FRB Working Paper (2014) - Loss Aversion and the Asymmetric Transmission of Monetary Policy
Edoardo Gaffeo, Ivan Petrella, Damjan Pfajfar, and Emiliano Santoro
Journal of Monetary Economics (2014)
https://doi.org/10.1016/j.jmoneco.2014.07.009 - Experimental Evidence on Inflation Expectation Formation
Damjan Pfajfar and Blaž Žakelj
Journal of Economic Dynamics & Control (2014)
https://doi.org/10.1016/j.jedc.2014.04.012 - The Role of Financial Intermediaries in Monetary Policy Transmission
Thorsten Beck, Andrea Colciago, and Damjan Pfajfar
Journal of Economic Dynamics & Control (2014)
https://doi.org/10.1016/j.jedc.2014.04.010 - Persistence of Shocks in an Experimental Dynamic Stochastic General Equilibrium Economy
Damjan Pfajfar, Charles N. Noussair, and Janos Zsiros
Research in Experimental Economics (2014) - Credit Market Distortions, Asset Prices and Monetary Policy
Damjan Pfajfar and Emiliano Santoro
Macroeconomic Dynamics (2014)
https://doi.org/10.1017/S1365100512000557 - Credit Frictions, Collateral, and the Cyclical Behavior of the Finance Premium
Pierre-Richard Agenor, George J. Bratsiotis, and Damjan Pfajfar
Macroeconomic Dynamics (2014)
https://doi.org/10.1017/S1365100512000715 - News on Inflation and the Epidemiology of Inflation Expectations
Damjan Pfajfar and Emiliano Santoro
Journal of Money, Credit and Banking (2013)
https://doi.org/10.1111/jmcb.12043 - Formation of Rationally Heterogeneous Expectations
Damjan Pfajfar
Journal of Economic Dynamics & Control (2013)
https://doi.org/10.1016/j.jedc.2013.03.012 - Uncertainty and Disagreement in Forecasting Inflation: Evidence from the Laboratory
D. Pfajfar and B. Žakelj
CentER Discussion Paper (2012) - Are Alternative Currencies a Substitute or a Complement to Fiat Money? Evidence from Cross-Country Data
Damjan Pfajfar, Giovanni Sgro, and Wolf Wagner
International Journal of Community Currency Research (2012) - Determinacy, Stock Market Dynamics and Monetary Policy Inertia
Damjan Pfajfar and Emiliano Santoro
Economics Letters (2011)
https://doi.org/10.1016/j.econlet.2011.02.033 - Frictions, Persistence, and Central Bank Policy in an Experimental Dynamic Stochastic General Equilibrium Economy
C. N. Noussair, D. Pfajfar, and J. Zsiros
CentER Discussion Paper (2011) - Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory
Damjan Pfajfar and Blaž Žakelj
CentER Discussion Paper (2011)
See also » FRB Working Paper (2015) - Heterogeneity, Learning and Information Stickiness in Inflation Expectations
Damjan Pfajfar and Emiliano Santoro
Journal of Economic Behavior & Organization (2010)
https://doi.org/10.1016/j.jebo.2010.05.012 - Asymmetries in Inflation Expectation Formation Across Demographic Groups
Damjan Pfajfar and Emiliano Santoro
Cambridge Working Papers in Economics (2008)
Conference Organization
November 2015 | Washington, DC
MQS MINI Conference
Organizer
June 2013 | Amsterdam, Netherlands
The Role of Financial Intermediaries in the Monetary Policy Transmission Mechanism
Organizer
Editor
- Co-editor, special issue on The Role of Financial Intermediaries in the Monetary Policy Transmission Mechanism, Journal of Economic Dynamics and Control (vol. 43, 2014)
Last update:
October 3, 2022