Photo of David M. Byrne

David M. Byrne

Education

  • Ph.D., Economics, University of Virginia, 2005
  • B.A., Economics, Pennsylvania State University, 1992
  • M.A., Economics, American University, 1996
Current Research Topics
  • Measuring Output in R&D-Intensive Industries
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2015 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2010 - 2015
  • Economist

    Board of Governors of the Federal Reserve System

    2002 - 2009
  • Accounting for Innovations in Consumer Digital Services: IT Still Matters
    David Byrne and Carol Corrado
    National Bureau of Economic Research Studies in Income and Wealth (2021)
    See also » FRB Working Paper (2019)
  • The Increasing Deflationary Influence of Consumer Digital Access Services
    David M. Byrne and Carol A. Corrado
    Economics Letters (2020)
    https://doi.org/10.1016/j.econlet.2020.109447
    See also » FRB Working Paper (2020)
  • Getting Smart About Phones: New Price Indexes and the Allocation of Spending Between Devices and Services Plans in Personal Consumption Expenditures
    Ana Aizcorbe, David M. Byrne, and Daniel E. Sichel
    Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions (2020)
    https://doi.org/10.1016/B978-0-12-817596-5.00017-2
    See also » FRB Working Paper (2019)
  • The Mysterious Cross-Country Dispersion in Mobile Phone Price Trends
    David Byrne
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2413
  • How Fast are Semiconductor Prices Falling?
    David M. Byrne, Stephen D. Oliner, and Daniel E. Sichel
    Review of Income and Wealth (2018)
    https://doi.org/10.1111/roiw.12308
    See also » FRB Working Paper (2017)
  • Own-Account IT Equipment Investment
    David Byrne, Carol A. Corrado, and Daniel E. Sichel
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2071
  • ICT Asset Prices: Marshaling Evidence into New Measures
    David Byrne and Carol Corrado
    Finance and Economics Discussion Series (2017)
    https://doi.org/10.17016/FEDS.2017.016r1
  • Prices of High-Tech Products, Mismeasurement, and the Pace of Innovation
    David Byrne, Stephen D. Oliner, and Daniel E. Sichel
    Business Economics (2017)
    https://doi.org/10.1057/s11369-017-0034-4
  • ICT Services and Their Prices: What Do They Tell Us about Productivity and Technology?
    David Byrne and Carol Corrado
    International Productivity Monitor (2017)
    See also » FRB Working Paper (2017)
  • Quality-Adjusted Price Measurement: A New Approach with Evidence from Semiconductors
    David M. Byrne, Brian K. Kovak, and Ryan Michaels
    Review of Economics and Statistics (2017)
    https://doi.org/10.1162/REST_a_00640
  • Prices and Depreciation in the Market for Tablet Computers
    David Byrne, Wendy Dunn, and Eugenio Pinto
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1885
  • Does the United States Have a Productivity Slowdown or a Measurement Problem?
    David M. Byrne, John G. Fernald, and Marshall B. Reinsdorf
    Brookings Papers on Economic Activity (2016)
    See also » FRB Working Paper (2016)
  • Recent Trends in Communications Equipment Prices
    David M. Byrne and Carol Corrado
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.0067
  • Prices for Communications Equipment: Rewriting the Record
    David M. Byrne and Carol A. Corrado
    Finance and Economics Discussion Series (2015)
    https://doi.org/10.17016/FEDS.2015.069
  • Prices for Data Storage Equipment and the State of IT Innovation
    David M. Byrne
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.0056
  • Domestic Electronics Manufacturing: Medical, Military, and Aerospace Equipment and What We Don't Know about High-Tech Productivity
    David M. Byrne
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.1548
  • The Scope of U.S. 'Factoryless Manufacturing'
    Kimberly Bayard, David Byrne, and Dominic Smith
    Measuring Globalization: Better Trade Statistics for Better Policy (2015)
    https://doi.org/10.17848/9780880994903
  • The Recent Slowdown in High-Tech Equipment Price Declines and Some Implications for Business Investment and Labor Productivity
    David M. Byrne and Eugénio P. Pinto
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.1512
  • Is the Information Technology Revolution Over?
    David Byrne, Stephen D. Oliner, and Daniel E. Sichel
    International Productivity Monitor (2013)
    See also » FRB Working Paper (2013)
  • Formal Home Health Care, Informal Care, and Family Decision Making
    David Byrne, Michelle S. Goeree, Bridget Hiedemann, and Steven Stern
    International Economic Review (2009)
    https://doi.org/10.1111/j.1468-2354.2009.00566.x
  • Defining Unemployment in Developing Countries: Evidence from Trinidad and Tobago
    David Byrne and Eric Strobl
    Journal of Development Economics (2004)
    https://doi.org/10.1016/j.jdeveco.2002.12.005
  • conference

    March, 2022

    CRIW Conference on Technology, Productivity, and Economic Growth

    Historical Geography of the Semiconductor Industry

  • conference

    October, 2020

    BLS/CNSTAT Panel on Improving Cost-of-Living Indexes and Consumer Inflation Statistics in the Digital Age

    Prices for Digital Access Services

  • conference

    September, 2020

    UN Economic Commission for Europe, Group of Experts on National Accounts

    Leveraging Systemic Consistency to Improve Price Measures in National Accounts

  • seminar

    September, 2020

    Federal Reserve Board

    COVID-19, Netflix, and PCE

  • conference

    May, 2019

    Economic Statistics Centre of Excellence

    Getting Smart about Phones

  • conference

    April, 2019

    Society of Government Economists

    Getting Smart about Phones

  • conference

    June, 2018

    Fifth World KLEMS Conference

    Accounting for Innovation in Consumer Digital Services: Implications for economic growth and consumer welfare

  • conference

    November, 2017

    5th IMF Statistical Forum: Measuring the Digital Economy

    The Rise of Cloud Computing: Minding Your P's and Q's (and K's)

  • conference

    May, 2017

    Bureau of Economic Analysis Advisory Committee

    The Rise of Cloud Computing: Minding Your P's and Q's (and K's)

  • conference

    January, 2017

    American Economic Association Annual Meeting

    A New Look at Prices of Personal Computers: Desktops, Laptops, and Tablets

  • seminar

    November, 2016

    American Enterprise Institute

    Possible Sources for the (Measured) Productivity Slowdown

  • seminar

    April, 2016

    Bureau of Economic Analysis

    The State of IT Price Measurement

  • conference

    August, 2014

    Society for Economic Measurement

    How fast are Semiconductor Prices Falling

  • conference

    July, 2014

    Conference on Research on Income and Wealth

    How fast are Semiconductor Prices Falling?

  • conference

    June, 2014

    Washington International Trade Association

    The Scope of U.S. Factoryless Manufacturing

  • seminar

    August, 2013

    Congressional Budget Office

    Is the Information Technology Revolution Over?

  • seminar

    June, 2013

    Center for Economic Studies, Bureau of Census

    The Scope of U.S. Factoryless Manufacturing

  • conference

    February, 2013

    Conference on Measuring the Effects of Globalization

    The Scope of U.S. Factoryless Manufacturing

  • seminar

    April, 2011

    College of Nanoscale Science and Engineering, State University of New York

    Where's Qualcomm? How Statistics Obscure the Leading Edge of the U.S. Semiconductor Industry

  • conference

    July, 2009

    Conference on Research on Income and Wealth

    Why Are PCs Still Manufactured in the United States?

  • conference

    July, 2007

    Conference on Research on Income and Wealth

    Prices for Communications Equipment: Updating and Revisiting the Record

Conference Organization
  • July, 2022 | Cambridge, MA

    NBER Summer Institute session for Conference on Research in Income and Wealth

    Program Committee

Referee
  • American Economic Review: Insights
  • Eastern Economic Journal
  • Economic Inquiry
  • Economic Journal
  • Economie et Statistique / Economics and Statistics
  • European Economic Review
  • International Productivity Monitor
  • Journal of Comparative Economics
  • Journal of Economic Literature
  • Journal of Human Resources
  • Journal of Labor Economics
  • Journal of Political Economy
  • Proceedings of the National Academy of Sciences
  • Review of Income and Wealth
  • Science Advances
  • Southern Economic Journal
Professional Affiliation
  • Conference on Research in Income and Wealth
  • International Association for Research in Income and Wealth
Last update: March 28, 2022