Photo of Martin Bodenstein

Martin Bodenstein

Education

  • Ph.D., Economics, Northwestern University, 2005
  • Diplom, Economics, Universitaet Konstanz (Germany), 1999
Current Research Topics
  • Optimal Monetary Policy, Commodity Prices
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2016 - present
  • Associate Professor

    National University of Singapore, Singapore

    2013 - 2016
  • Economist

    Asian Development Bank, Manila, Philippines

    2011 - 2012
  • Economist

    Board of Governors of the Federal Reserve System

    2005 - 2011
  • Bodenstein, Martin, Gunes Kamber, and Christoph Thoenissen (2017). "Commodity Prices and Labour Market Dynamics in Small Open Economies," Finance and Economics Discussion Series 2017-039. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin (2013). "Equilibrium Stability in Open Economy Models," Journal of Macroeconomics, vol. 35, pp. 1-13.
  • Bodenstein, Martin, Luca Guerrieri, and Christopher J. Gust (2013). "Oil Shocks and the Zero Bound on Nominal Interest Rates," Journal of International Money and Finance, vol. 32, no. 1, pp. 941-967.
  • Bodenstein, Martin, James Hebden, and Ricardo Nunes (2012). "Imperfect Credibility and the Zero Lower Bound," Journal of Monetary Economics, vol. 59, no. 2, pp. 135-149.
  • Bodenstein, Martin, and Luca Guerrieri (2011). "Oil Efficiency, Demand, and Prices: A Tale of Ups and Downs," International Finance Discussion Papers 1031. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin, Christopher J. Erceg, and Luca Guerrieri (2011). "Oil Shocks and External Adjustment," Journal of International Economics, vol. 83, no. 2, pp. 168-184.
  • Bodenstein, Martin, Christopher Erceg, and Luca Guerrieri (2010). "The Effects of Foreign Shocks when Interest Rates are at Zero," CEPR Discussion Papers 8006. Centre for Economic Policy Research.
  • Bodenstein, Martin, James Hebden, and Ricardo Nunes (2010). "Imperfect Credibility and the Zero Lower Bound on the Nominal Interest Rate," International Finance Discussion Papers 1001. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin, Luca Guerrieri, and Christopher Gust (2010). "Oil Shocks and the Zero Bound on Nominal Interest Rates," International Finance Discussion Papers 1009. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin, Christopher J. Erceg, and Luca Guerrieri (2009). "The Effects of Foreign Shocks when Interest Rates are at Zero," International Finance Discussion Papers 983. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin R., and Roc Armenter (2009). "Of Nutters and Doves," B.E. Journal of Macroeconomics: Contributions to Macroeconomics, vol. 9, no. 1.
  • Armenter, Roc, and Martin Bodenstein (2008). "Can the U.S. Monetary Policy Fall (Again) in an Expectation Trap?" Macroeconomic Dynamics, vol. 12, no. 5, pp. 664-693.
  • Bodenstein, Martin (2008). "International Asset Markets and Real Exchange Rate Volatility," Review of Economic Dynamics, vol. 11, no. 3, pp. 688-705.
  • Bodenstein, Martin (2008). "Trade Elasticity of Substitution and Equilibrium Dynamics," International Finance Discussion Papers 934. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin, Christopher J. Erceg, and Luca Guerrieri (2008). "Optimal Monetary Policy with Distinct Core and Headline Inflation Rates," Journal of Monetary Economics, Supplement 1, vol. 55, pp. S18-S33.
  • Bodenstein, Martin, Christopher J. Erceg, and Luca Guerrieri (2008). "Optimal Monetary Policy with Distinct Core and Headline Inflation Rates," International Finance Discussion Papers 941. Board of Governors of the Federal Reserve System (U.S.).
  • Bodenstein, Martin, Christopher J. Erceg, and Luca Guerrieri (2007). "Oil Shocks and External Adjustment," International Finance Discussion Papers 897. Board of Governors of the Federal Reserve System (U.S.).
  • Armenter, Roc, and Martin Bodenstein (2005). "Can U.S. Monetary Policy Fall (Again) into an Expectation Trap?" Staff Reports 229. Federal Reserve Bank of New York.
  • Armenter, Roc, and Martin Bodenstein (2005). "Does the Time Inconsistency Problem Make Flexible Exchange Rates Look Worse Than You Think?" Staff Reports 230. Federal Reserve Bank of New York.
  • Bodenstein, Martin, and Heinrich W. Ursprung (2005). "Political Yardstick Competition, Economic Integration, and Constitutional Choice in a Federation: A Numerical Analysis of a Contest Success Function Model," Public Choice, vol. 124, no. 3-4, pp. 329-352.
  • Bodenstein, Martin, and Heinrich Ursprung (2001). "Political Yardstick Competition, Economic Integration, and Constitutional Choice in a Federation," CESifo Working Paper Series CESifo Working Paper No. 501. CESifo GmbH.
Last update: May 19, 2017