Photo of Jeff Larrimore

Jeff Larrimore

Education

  • Ph.D., Economics, Cornell University, 2010
  • M.A., Economics, Cornell University, 2009
  • B.A., Economics and Political Science, Davidson College, 2004
Current Research Topics
  • Income distribution and inequality
  • Economic mobility
  • Section Chief

    Board of Governors of the Federal Reserve System

    2020 - present
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2017 - 2020
  • Senior Economist

    Council of Economic Advisers

    2018 - 2019
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2015 - 2017
  • Economist

    Board of Governors of the Federal Reserve System

    2014 - 2015
  • Economist

    Joint Committee on Taxation

    2010 - 2014
  • Earnings shocks and stabilization during COVID-19
    Jeff Larrimore, Jacob Mortenson, and David Splinter
    Journal of Public Economics (2022)
    https://doi.org/10.1016/j.jpubeco.2021.104597
    See also » FRB Working Paper (2021)
  • Does Access to Bank Accounts as a Minor Improve Financial Capability? Evidence from Minor Bank Account Laws
    J. Michael Collins, Jeff Larrimore, and Carly Urban
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.075
  • Earnings Shocks and Stabilization During COVID-19
    Jeff Larrimore, Jacob Mortenson, and David Splinter
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.052
  • Recent Trends in US Income Distributions in Tax Record Data Using More Comprehensive Measures of Income Including Real Accrued Capital Gains
    Jeff Larrimore, Richard V. Burkhauser, Gerald Auten, and Philip Armour
    Journal of Political Economy (2021)
    https://doi.org/10.1086/713098
  • Household Incomes in Tax Data: Using Addresses to Move from Tax-Unit to Household Income Distributions
    Jeff Larrimore, Jacob Mortenson, and David Splinter
    Journal of Human Resources (2021)
    https://doi.org/10.3368/jhr.56.2.0718-9647R1
    See also » FRB Working Paper (2017)
  • Household Finances Under COVID-19: Evidence from the Survey of Household Economics and Decisionmaking
    Mike Zabek and Jeff Larrimore
    Consumer & Community Context (2020)
  • Improving Housing Payment Projections during the COVID-19 Pandemic
    Jeff Larrimore and Erin Troland
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2772
  • Presence and Persistence of Poverty in U.S. Tax Data
    Jeff Larrimore, Jacob Mortenson, and David Splinter
    NBER Working Paper Series (2020)
    https://doi.org/10.3386/w26966
  • Evaluating the Success of President Johnson's War on Poverty: Revisiting the Historical Record Using a Full-Income Poverty Measure
    Richard V. Burkhauser, Kevin Corinth, James Elwell, and Jeff Larrimore
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.011
  • How Much Does Health Insurance Cost? Comparison of Premiums in Administrative and Survey Data
    Jeff Larrimore and David Splinter
    Economics Letters (2019)
    https://doi.org/10.1016/j.econlet.2018.11.001
    See also » FRB Working Paper (2018)
  • Are Central Cities Poor and Non-White?
    Jenny Schuetz, Jeff Larrimore, Ellen A. Merry, Barbara J. Robles, Anna Tranfaglia, and Arturo Gonzalez
    Journal of Housing Economics (2018)
    https://doi.org/10.1016/j.jhe.2017.11.001
    See also » FRB Working Paper (2017)
  • Shedding Light on Our Economic and Financial Lives
    Jeff Larrimore, Alex Durante, Kimberly Kreiss, Ellen Merry, Christina Park, and Claudia Sahm
    FEDS Notes (2018)
    https://doi.org/10.17016/2380-7172.2192
  • Assessing the Severity of Rent Burden on Low-Income Families
    Jeff Larrimore and Jenny Schuetz
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2111
  • Whose Child Is This? Shifting of Dependents Among EITC Claimants Within the Same Household
    David Splinter, Jeff Larrimore, and Jacob Mortenson
    National Tax Journal (2017)
    https://doi.org/10.17310/ntj.2017.4.02
    See also » FRB Working Paper (2017)
  • Measuring Health Insurance Benefits: The Case of People with Disabilities
    Richard V. Burkhauser, Jeff Larrimore, and Sean Lyons
    Contemporary Economic Policy (2017)
    https://doi.org/10.1111/coep.12213
  • Holiday Spending and Financing Decisions in the 2015 Survey of Household Economics and Decisionmaking
    Jeff Larrimore
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1866
  • What are the Perceived Barriers to Homeownership for Young Adults?
    Jeff Larrimore, Jenny Schuetz, and Samuel Dodini
    Finance and Economics Discussion Series (2016)
    https://doi.org/10.17016/FEDS.2016.021
  • Using the Pareto Distribution to Improve Estimates of Topcoded Earnings
    Philip Armour, Richard V. Burkhauser, and Jeff Larrimore
    Economic Inquiry (2016)
    https://doi.org/10.1111/ecin.12299
  • Financial Well-Being of Individuals Living in Areas with Concentrated Poverty
    Jeff Larrimore
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.1636
  • Should You Trust Things You Hear Online? Comparing SHED and Census Bureau Survey Results
    Jeff Larrimore, Maximilian Schmeiser, and Sebastian Devlin-Foltz
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.1619
  • Measuring Health Insurance Benefits: The Case of People with Disabilities
    Richard V. Burkhauser, Jeff Larrimore, and Sean Lyons
    NBER Working Paper Series (2015)
    https://doi.org/10.3386/w21629
  • Income and Earnings Mobility in U.S. Tax Data
    Jeff Larrimore, Jacob Mortenson, and David Splinter
    Finance and Economics Discussion Series (2015)
    https://doi.org/10.17016/FEDS.2015.061
  • Does it Matter who your Parents are? Findings on Economic Mobility from the Survey of Household Economics and Decisionmaking
    Jeff Larrimore
    FEDS Notes (2015)
    https://doi.org/10.17016/2380-7172.1567
  • Accounting for Income Changes over the Great Recession Relative to Previous Recessions: The Importance of Taxes and Transfers
    Jeff Larrimore, Richard V. Burkhauser, and Philip Armour
    National Tax Journal (2015)
  • Levels and Trends in United States Income and its Distribution: A Crosswalk from Market Income Towards a Comprehensive Haig-Simons Income Approach
    Philip Armour, Richard V. Burkhauser, and Jeff Larrimore
    Southern Economic Journal (2014)
    https://doi.org/10.4284/0038-4038-2013.175
  • Median Income and Income Inequality: From 2000 and Beyond
    Richard V. Burkhauser and Jeff Larrimore
    Diversity and Disparities: America Enters a New Century (2014)
  • Accounting for United States Household Income Inequality Trends: The Changing Importance of Household Structure and Male and Female Labor Earnings Inequality
    Jeff Larrimore
    Review of Income and Wealth (2014)
    https://doi.org/10.1111/roiw.12043
  • Deconstructing Income and Income Inequality Measures: A Crosswalk from Market Income to Comprehensive Income
    Philip Armour, Richard V. Burkhauser, and Jeff Larrimore
    American Economic Review: Papers and Proceedings (2013)
    https://doi.org/10.1257/aer.103.3.173
  • Cross-National Inequality Trends Using Historical Tax Return Data: Review Essay
    Jeff Larrimore
    Review of Income and Wealth (2013)
    https://doi.org/10.1111/roiw.12046
  • Measuring the Impact of Valuing Health Insurance on Levels and Trends in Inequality and How the Affordable Care Act of 2010 Could Affect Them
    Richard V. Burkhauser, Jeff Larrimore, and Kosali Simon
    Contemporary Economic Policy (2013)
    https://doi.org/10.1111/j.1465-7287.2012.00336.x
  • Recent Trends in Top Income Shares in the United States: Reconciling Estimates from March CPS and IRS Tax Return Data
    Richard V. Burkhauser, Shuaizhang Feng, Stephen P. Jenkins, and Jeff Larrimore
    Review of Economics and Statistics (2012)
    https://doi.org/10.1162/REST_a_00200
  • A 'Second Opinion' on the Economic Health of the American Middle Class
    Richard V. Burkhauser, Jeff Larrimore, and Kosali I. Simon
    National Tax Journal (2012)
  • Does a Higher Income Have Positive Health Effects? Using the Earned Income Tax Credit to Explore the Income-Health Gradient
    Jeff Larrimore
    Milbank Quarterly (2011)
    https://doi.org/10.1111/j.1468-0009.2011.00647.x
  • Peer to Peer Lending: The Relationship between Language Features, Trustworthiness, and Persuasion Success
    Laura Larrimore, Li Jiang, Jeff Larrimore, David Markowitz, and Scott Gorski
    Journal of Applied Communication Research (2011)
    https://doi.org/10.1080/00909882.2010.536844
  • Measuring Inequality Using Censored Data: A Multiple-Imputation Approach to Estimation and Inference
    Stephen P. Jenkins, Richard V. Burkhauser, Shuaizhang Feng, and Jeff Larrimore
    Journal of the Royal Statistical Society, Series A (Statistics in Society) (2011)
    https://doi.org/10.1111/j.1467-985X.2010.00655.x
  • Estimating Trends in US Income Inequality Using the Current Population Survey: The Importance of Controlling for Censoring
    Richard V. Burkhauser, Shuaizhang Feng, Stephen P. Jenkins, and Jeff Larrimore
    Journal of Economic Inequality (2011)
    https://doi.org/10.1007/s10888-010-9131-6
  • Improving Imputations of Top Incomes in the Public-Use Current Population Survey by Using Both Cell-Means and Variances
    Richard V. Burkhauser, Shuaizhang Feng, and Jeff Larrimore
    Economics Letters (2010)
    https://doi.org/10.1016/j.econlet.2010.03.003
  • Trends in the Relative Household Income of Working-Age Men With Work Limitations: Correcting the Record Using Internal Current Population Survey Data
    Richard V. Burkhauser and Jeff Larrimore
    Journal of Disability Policy Studies (2009)
    https://doi.org/10.1177/1044207309333430
  • Using Internal CPS Data to Reevaluate Trends in Labor-Earnings Gaps
    Richard V. Burkhauser and Jeff Larrimore
    Monthly Labor Review (2009)
  • Consistent Cell Means for Topcoded Incomes in the Public Use March CPS (1976-2007)
    Jeff Larrimore, Richard V. Burkhauser, Shuaizhang Feng, and Laura Zayatz
    Journal of Economic and Social Measurement (2008)
  • conference

    January 2022

    AEA/ASSA Annual Meeting

  • conference

    November 2021

    National Tax Association

  • seminar

    November 2021

    Haverford College

  • conference

    March 2021

    IRS-Census Data Workshop

  • conference

    January 2021

    AEA/ASSA Annual Meeting

  • conference

    November 2020

    Southern Economic Association Annual Meeting

  • seminar

    September 2020

    University of Wisconsin Institute for Research on Poverty

  • conference

    March 2020

    NBER Conference on Research in Income and Wealth

  • conference

    January 2020

    AEA/ASSA Annual Meeting

  • conference

    November 2018

    Southern Economic Association Annual Meeting

  • conference

    March 2018

    Federal Committee on Statistical Methodology Conference

  • conference

    March 2018

    IRS-Census Data Workshop

  • seminar

    October 2017

    Drexel University

  • seminar

    February 2017

    Ohio State University

  • conference

    January 2017

    AEA/ASSA Annual Meeting

  • conference

    November 2016

    APPAM Fall Research Conference

  • seminar

    November 2016

    FRB/GWSB Financial Literacy Seminar Series

  • conference

    November 2016

    National Tax Association Annual Conference

  • conference

    September 2016

    CFED Asset Learning Conference

  • conference

    April 2015

    Federal Reserve System Community Development Research Conference

  • conference

    January 2015

    AEA/ASSA Annual Meeting

  • conference

    November 2014

    National Tax Association Annual Conference

  • conference

    November 2014

    APPAM Fall Research Conference

  • conference

    May 2014

    National Tax Association Spring Symposium

  • conference

    January 2014

    AEA/ASSA Annual Meeting

  • conference

    November 2013

    Society for Government Economists

  • conference

    January 2013

    AEA/ASSA Annual Meeting

Awards
  • 2020

    Federal Reserve Board

    Special Achievement Award

  • 2013

    Fraser Institute

    Addington Prize in Measurement

  • 2012

    National Tax Association

    Richard Musgrave Prize

Conference Organization
  • 2021 | Detroit, MI

    National Tax Association Fall Research Conference

    Program Committee Member

  • 2019 | Washington, DC

    CFPB Financial Well-Being Symposium

    Advisory Committee Member

  • 2014-2018 | Washington, DC

    Financial Literacy Seminar Series

    Steering Committe Member (Co-chair 2015-2018)

  • 2015 | Miami, FL

    APPAM Fall Research Conference

    Program Committee Member

Referee
  • American Economic Review
  • American Economic Review Insights
  • Behavioural Public Policy
  • Contemporary Economic Policy
  • Economica
  • Economic Inquiry
  • Economic Journal
  • Economic Modeling
  • Economics and Human Biology
  • Economics Letters
  • Empirical Economics
  • Explorations in Economic History
  • Health Economics
  • International Journal of Human Resource Management
  • International Tax and Public Finance
  • Journal of Computational Social Science
  • Journal of Consumer Affairs
  • Journal of Economic Education
  • Journal of Economic Inequality
  • Journal of Housing Economics
  • Journal of Policy Analysis and Management
  • Journal of Public Economics
  • Journal of the European Economic Association
  • National Tax Journal
  • Oxford Bulletin of Economics and Statistics
  • Review of Economics and Statistics
  • Review of Income and Wealth
  • SN Business & Economics
  • Social Forces
  • Solutions Journal
  • Southern Economic Journal
  • Urban Studies
Last update: February 28, 2022