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Erick Sager


  • Ph.D., Economics, University of Minnesota, 2013
  • M.A., Economics, University of Minnesota, 2012
  • B.A., Economics, Vassar College, 2005
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - present
  • Adjunct Assistant Professor of Economics

    Johns Hopkins University, Zanvyl Krieger School of Arts & Sciences

    2015 - 2018
  • Research Economist

    U.S. Bureau of Labor Statistics

    2013 - 2018
  • Research Analyst

    Federal Reserve Bank of Minneapolis

    2009 - 2013
  • Assistant Economist

    Federal Reserve Bank of New York

    2005 - 2007
  • Optimal Public Debt with Life Cycle Motives
    William B. Peterman and Erick Sager
    American Economic Journal: Macroeconomics (2022)
    See also » FRB Working Paper (2018)
  • The Double EMG Distribution and Trade Elasticities
    Erick Sager and Olga A. Timoshenko
    Canadian Journal of Economics (2019)
  • What are the Price Effects of Trade? Evidence from the U.S. and Implications for Quantitative Trade Models
    Xavier Jaravel and Erick Sager
    Finance and Economics Discussion Series (2019)
  • Essays on Macroeconomics, Development and Financial Markets
    Erick Sager
    Dissertations (University of Minnesota) (2013)
  • What Has Homeland Security Cost? An Assessment: 2001-2005
    Bart Hobijn and Erick Sager
    Current Issues in Economics and Finance (Federal Reserve Bank of New York) (2007)
  • 2011

    Vassar College

    Emilie Louise Wells Fellowship

  • 2010

    University of Minnesota

    Second Place, Third Year Paper Competition

  • 2009

    University of Minnesota

    Distinguished Instructor Award

  • 2008

    University of Minnesota

    Distinguished Instructor Award

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Last Update: December 1, 2023