Photo of Garth Baughman

Garth Baughman

Current Research Topics
  • Monetary Policy Implementation
  • Financial Market Infrastructure
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2021 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2015 - 2021
  • Ait Lahcen, Mohammed, Garth Baughman, Stanislav Rabinovich, and Hugo van Buggenum (2021). "Nonlinear Unemployment Effects of the Inflation Tax," Finance and Economics Discussion Series 2021-040. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Stanislav Rabinovich (2021). "Capacity Choice, Monetary Trade, and the Cost of Inflation," European Economic Review, vol. 134 (May).
  • Baughman, Garth, and Jean Flemming (2020). "Global Demand for Basket-Backed Stablecoins," Finance and Economics Discussion Series 2020-048. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman Garth, and Stanislav Rabinovich (2020). "Capacity Choice, Monetary Trade, and the Cost of Inflation," Finance and Economics Discussion Series 2020-019. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2019). "A Simple Model of Voluntary Reserve Targets with Tolerance Bands," Finance and Economics Discussion Series 2019-060. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2020). "Voluntary Reserve Targets," Journal of Money, Credit, and Banking, vol. 52, no. 2-3, pp. 583-612.
  • Baughman, Garth, and Stanislav Rabinovich (2019). "Self-confirming Price Dispersion in Monetary Economies," Journal of Economic Theory, vol. 183, pp. 284-311.
  • Baughman, Garth, and Stanislav Rabinovich (2018). "Self-confirming Price Dispersion in Monetary Economies," Finance and Economics Discussion Series 2018-046. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth, and Francesca Carapella (2018). "Voluntary Reserve Targets," Finance and Economics Discussion Series 2018-032. Board of Governors of the Federal Reserve System (U.S.).
  • Rosenbaum, Aaron, Garth Baughman, Mark Manuszak, Kylie Stewart, Fumiko Hayashi, and Joanna Stavins (2017). "Faster Payments: Market Structure and Policy Considerations," Finance and Economics Discussion Series 2017-100. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth (2016). "Deadlines and Matching," Finance and Economics Discussion Series 2016-014. Board of Governors of the Federal Reserve System (U.S.).
  • Baughman, Garth A. (2015). "Essays on Search and Matching Equilibria," Ph.D. dissertation, University of Pennsylvania.
Last update: July 27, 2021