Photo of David M. Arseneau

David M. Arseneau

Education

  • Ph.D., Economics, University of Virginia, 2004
  • M.A., Economics, University of Virginia, 1999
  • B.A., Economics, Boston College, 1994
Current Research Topics
  • Financial Regulation
  • Macroeconomics
  • Section Chief

    Board of Governors of the Federal Reserve System

    2015 - present
  • Adjunct Professor

    Johns Hopkins University, Washington D.C. Center

    2008 - present
  • Deputy Assistant Secretary for Macroeconomic Policy

    Department of Treasury

    2012 - 2013
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2009 - 2015
  • Adjunct Professor

    Georgetown University

    2007 - 2009
  • Economist

    Board of Governors of the Federal Reserve System

    2003 - 2009
  • Arseneau, David M. (2017). "How Would US Banks Fare in a Negative Interest Rate Environment?" Finance and Economics Discussion Series 2017-030. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Brendan Epstein (2017). "Offshoring, Mismatch, and Labor Market Outcomes," in Christensen, Bent Jesper, and Carsten Kowalczyk eds. Globalization: Strategies and Effects, pp. 47-74.
  • Arseneau, David M., David E. Rappoport, and Alexandros P. Vardoulakis (2017). "Private and Public Liquidity Provision in Over-the-Counter Markets," Finance and Economics Discussion Series 2017-033. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., David Rappoport, and Alexandros P. Vardoulakis (2015). "Secondary Market Liquidity and the Optimal Capital Structure," Finance and Economics Discussion Series 2015-031. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., Ryan Chahrour, Sanjay K. Chugh, and Alan Finkelstein Shapiro (2015). "Optimal Fiscal and Monetary Policy in Customer Markets," Journal of Money, Credit, and Banking, vol. 47, no. 4, pp. 617-672.
  • Arseneau, David M., and Brendan Epstein (2014). "Offshoring, Mismatch, and Labor Market Outcomes," International Finance Discussion Papers 1118. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Brendan Epstein (2014). "The Welfare Costs of Skill-Mismatch Employment," Finance and Economics Discussion Series 2014-42. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Michael T. Kiley (2014). "The Role of Financial Imbalances in Assessing the State of the Economy," FEDS Notes 2014-04-18. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Sylvain Leduc (2013). "Commodity Price Movements in a General Equilibrium Model of Storage," IMF Economic Review, vol. 61, no. 1, pp. 199-224.
  • Arseneau, David M. (2012). "Expectations Traps in a New Keynesian Open Economy Model," Economic Theory, vol. 49, 1, pp. 81-112.
  • Arseneau, David M., and Sanjay K. Chugh (2012). "Tax Smoothing in Frictional Labor Markets," Journal of Political Economy, vol. 120, no. 5, pp. 926-985.
  • Arseneau, David M. (2012). "Explaining the Energy Consumption Portfolio in a Cross-Section of Countries: Are the BRICs Different?" Law and Business Review of the Americas, vol. 18, no. 4, pp. 553-583.
  • Arseneau, David M. (2012). "Review of International Trade with Equilibrium Unemployment," Review of International Economics, vol. 20, no. 3, pp. 654-656.
  • Arseneau, David M., and Sanjay K. Chugh (2008). "Optimal Fiscal and Monetary Policy with Costly Wage Bargaining," Journal of Monetary Economics, vol. 55, no. 8, pp. 1401-1414.
  • Arseneau, David M. (2007). "The Inflation Tax in an Open Economy with Imperfect Competition," Review of Economic Dynamics, vol. 10, no. 1, pp. 126-147.
  • Arseneau, David M., and Sanjay K. Chugh (2008). "Competitive Search Equilibrium in a DSGE Model," International Finance Discussion Papers 929. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Sanjay K. Chugh (2007). "Bargaining, Fairness, and Price Rigidity in a DSGE Environment," International Finance Discussion Papers 900. Board of Governors of the Federal Reserve System (U.S.).
  • Arseneau, David M., and Sanjay K. Chugh (2006). "Ramsey Meets Hosios: The Optimal Capital Tax and Labor Market Efficiency," International Finance Discussion Papers 870. Board of Governors of the Federal Reserve System (U.S.).
Awards
  • 2005

    American Academy of Political and Social Science

    Graduate Fellow

  • 2000

    University of Virginia

    Albert T. Gallatin Fellowship in International Affairs

  • 2000

    University of Virginia

    Bankard pre-Doctoral Fellowship

  • 1999

    University of Virginia

    Dean of Faculty Fellowship

Editor
  • Associate Editor, Journal of Money, Credit, and Banking, 2015 - Present
Referee
  • American Economic Journal: Macroeconomics
  • American Journal of Agricultural Economics
  • B.E. Journal of Macroeconomics
  • Canadian Journal of Economics
  • Economic Journal
  • Economic Inquiry
  • Economic Letters
  • Economic Theory
  • European Economic Review
  • IMF Economic Review
  • International Review of Economics and Finance
  • Journal of Applied Economics
  • Journal of Economics, Dynamics, and Control
  • Journal of Monetary Economics
  • Journal of Money, Credit, and Banking
  • Journal of Public Economics
  • International Economic Review
  • International Journal of Central Banking
  • Macroeconomic Dynamics
  • Oxford Bulletin of Economics and Statistics
  • Scandinavian Journal of Economics
Professional Affiliation
  • American Economic Association, 2004 to Present
Last update: April 24, 2017