Photo of Fabian Winkler

Fabian Winkler

Education

  • Ph.D., Economics, London School of Economics, 2015
  • M.Sc., Econometrics and Mathematical Economics, London School of Economics, 2010
  • M.S., Economics, Ecole Polytechnique, 2009
Current Research Topics
  • Expectation formation
  • Monetary policy
  • Principal Economist

    Division of Monetary Affairs, Federal Reserve Board

    2020 - present
  • Senior Economist

    Division of Monetary Affairs, Federal Reserve Board

    2018 - 2020
  • Economist

    Division of Monetary Affairs, Federal Reserve Board

    2015 - 2018
  • The Natural Rate of Interest Through a Hall of Mirrors
    Phurichai Rungcharoenkitkul and Fabian Winkler
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.010
  • Asset Price Beliefs and Optimal Monetary Policy
    Colin Caines and Fabian Winkler
    Journal of Monetary Economics (2021)
    https://doi.org/10.1016/j.jmoneco.2021.07.006
  • In Full-Information Estimates, Long-Run Risks Explain at Most a Quarter of P/D Variance, and Habit Explains Even Less
    Andrew Y. Chen, Fabian Winkler, and Rebecca Wasyk
    Critical Finance Review (2021)
    https://doi.org/10.1561/104.00000092
  • The Factor Structure of Disagreement
    Edward Herbst and Fabian Winkler
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.046
  • Impulse-Based Computation of Policy Counterfactuals
    James Hebden and Fabian Winkler
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.042
  • The Role of Learning for Asset Prices and Business Cycles
    Fabian Winkler
    Journal of Monetary Economics (2020)
    https://doi.org/10.1016/j.jmoneco.2019.03.002
    See also » FRB Working Paper (2016)
  • How Robust Are Makeup Strategies to Key Alternative Assumptions?
    James Hebden, Edward P. Herbst, Jenny Tang, Giorgio Topa, and Fabian Winkler
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.069
  • Learning and Misperception: Implications for Price-Level Targeting
    Martin Bodenstein, James Hebden, and Fabian Winkler
    Finance and Economics Discussion Series (2019)
    https://doi.org/10.17016/FEDS.2019.078
  • Optimal Unemployment Insurance and International Risk Sharing
    Stephane Moyen, Nikolai Stahler, and Fabian Winkler
    European Economic Review (2019)
    https://doi.org/10.1016/j.euroecorev.2019.03.004
    See also » FRB Working Paper (2016)
  • Asset Price Learning and Optimal Monetary Policy
    Colin Caines and Fabian Winkler
    International Finance Discussion Papers (2018)
    https://doi.org/10.17016/IFDP.2018.1236
  • A Likelihood-Based Comparison of Macro Asset Pricing Models
    Andrew Y. Chen, Rebecca Wasyk, and Fabian Winkler
    Finance and Economics Discussion Series (2017)
    https://doi.org/10.17016/FEDS.2017.024
  • conference

    2019

    CEBRA Annual Meeting (virtual)

    The Factor Structure of Disagreement

  • conference

    2019

    EEA Annual Meeting (virtual)

    Learning and Misperception: Implications for Price-Level Targeting

  • conference

    2019

    Macro Workshop, Deutsche Bundesbank

    The Factor Structure of Disagreement

  • seminar

    2019

    FAU Nuremberg

    The Factor Structure of Disagreement

  • conference

    2019

    CEBRA Annual Meeting, Columbia University

    Asset Price Beliefs and Optimal Monetary Policy

  • conference

    2019

    SED Annual Meeting, St Louis

    Asset Price Beliefs and Optimal Monetary Policy

  • conference

    2019

    System Macroeconomics Meeting, Federal Reserve Bank of Dallas

    The Factor Structure of Disagreement

  • seminar

    2019

    Boston College

    Asset Price Beliefs and Optimal Monetary Policy

  • conference

    2018

    "Asset Prices and the Macroeconomy", Mannheim University

    Asset Price Learning and Optimal Monetary Policy

  • conference

    2018

    EEA Annual Meeting, Cologne

    A Factor Structure of Disagreement

  • conference

    2018

    "Expectations in Dynamic Macroeconomic Models", Birmingham

    Asset Price Learning and Optimal Monetary Policy

  • conference

    2018

    Barcelona GSE Summer Forum

    Optimal Unemployment Insurance and International Risk Sharing

  • seminar

    2018

    Drexel University

    Asset Price Learning and Optimal Monetary Policy

  • seminar

    2018

    Singapore Management University

    A Factor Structure of Disagreement

  • seminar

    2017

    George Washington University

    A Factor Structure of Disagreement

  • conference

    2017

    Federal Reserve Bank of Chicago

    Asset Price Learning and Optimal Monetary Policy

  • seminar

    2017

    University of Southern California

    The Role of Learning for Asset Prices and Business Cycles

  • seminar

    2017

    Duke University

    The Role of Learning for Asset Prices and Business Cycles

  • conference

    2016

    Dynare Conference, Rome

    The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

  • conference

    2016

    "Expectations in Dynamic Macroeconomic Models", de Nederlandsche Bank

    The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

  • conference

    2016

    NBER Summer Institute

    The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

  • seminar

    2016

    Universitat Autonoma de Barcelona

    Optimal Unemployment Insurance and International Risk Sharing

  • seminar

    2016

    Bank of Spain

    The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

  • conference

    2015

    Econometric Society World Congress, Montreal

    The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

  • conference

    2014

    European Winter Meeting of the Econometric Society, Madrid

    The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

  • seminar

    2013

    Singapore Management University

    Stock Market Volatility and Credit Frictions

Last update: October 3, 2022