The Federal Reserve Board employs over 300 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board economists conduct cutting edge research, produce numerous working papers, and are among the leading contributors at professional meetings and in major journals. Our economists also produce a wide variety of economic analyses and forecasts for the Board of Governors and the Federal Open Market Committee.

Last Name:
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Field of Interest:
Division:

Research and Statistics

The Division of Research and Statistics is responsible for developing and presenting economic and financial data and analysis for the use of the Board, the Federal Open Market Committee, and other Federal Reserve System officials. This information serves as background for the formulation and conduct of monetary, regulatory, and supervisory policies. In addition, the division fosters a broader understanding of issues relating to economic policy by providing leadership in economic and statistical research and by supplying data and analyses for public release.

Section:
A
Photo of Robert M. Adams
Robert M. Adams Principal Economist Consumer Finance
Research and Statistics
Photo of Hie Joo Ahn
Hie Joo Ahn Senior Economist Current Macroeconomic Conditions
Research and Statistics
Image of Board Seal
Aditya Aladangady Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Gianni G. Amisano
Gianni G. Amisano Assistant Director Program Direction
Research and Statistics
Photo of Elliot Anenberg
Elliot Anenberg Chief Real Estate Finance
Research and Statistics

B
Photo of Alessandro Barbarino
Alessandro Barbarino Principal Economist Current Macroeconomic Conditions
Research and Statistics
Photo of Bence A. Bardoczy
Bence A. Bardoczy Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Michael M. Batty
Michael M. Batty Group Manager Flow of Funds
Research and Statistics
Photo of Kimberly N. Bayard
Kimberly N. Bayard Group Manager Industrial Output
Research and Statistics
Photo of David A. Benson
David A. Benson Senior Economist Financial Structure
Research and Statistics
Photo of Travis J. Berge
Travis J. Berge Principal Economist Current Macroeconomic Conditions
Research and Statistics
Photo of Joshua Blonz
Joshua Blonz Senior Economist Industrial Output
Research and Statistics
Photo of Mark J. Bognanni
Mark J. Bognanni Senior Economist Prices and Wages
Research and Statistics
Photo of Vitaly M. Bord
Vitaly M. Bord Economist Consumer Finance
Research and Statistics
Photo of Eirik E. Brandsaas
Eirik E. Brandsaas Economist Household and Business Spending
Research and Statistics
Photo of Jesse Bricker
Jesse Bricker Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Celso Brunetti
Celso Brunetti Assistant Director Program Direction
Research and Statistics
Photo of David M. Byrne
David M. Byrne Principal Economist Industrial Output
Research and Statistics

C
Photo of Marco Cagetti
Marco Cagetti Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Cecilia R. Caglio Group Manager Financial Structure
Research and Statistics
Image of Board Seal
Tomaz Cajner Group Manager Industrial Output
Research and Statistics
Image of Board Seal
Nick A. Carollo Economist Labor Markets
Research and Statistics
Photo of David B. Cashin
David B. Cashin Principal Economist Fiscal Analysis
Research and Statistics
Photo of Andrew C. Chang
Andrew C. Chang Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Andrew Y. Chen
Andrew Y. Chen Principal Economist Capital Markets
Research and Statistics
Photo of Han Chen
Han Chen Senior Economist Household and Business Spending
Research and Statistics
Photo of David Cho
David Cho Economist Household and Business Spending
Research and Statistics
Photo of Joonkyu Choi
Joonkyu Choi Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Hess T. Chung
Hess T. Chung Chief Macroeconomic and Quantitative Studies
Research and Statistics
Photo of John M. Coglianese
John M. Coglianese Senior Economist Labor Markets
Research and Statistics
Photo of Daniel M. Covitz
Daniel M. Covitz Deputy Director Program Direction
Research and Statistics
Photo of Leland D. Crane
Leland D. Crane Senior Economist Industrial Output
Research and Statistics

D
Photo of Erfan Danesh
Erfan Danesh Economist Risk Analysis
Research and Statistics
Photo of Ryan A. Decker
Ryan A. Decker Principal Economist Industrial Output
Research and Statistics
Photo of Lisa J. Dettling
Lisa J. Dettling Principal Economist Fiscal Analysis
Research and Statistics
Photo of Jennifer L. Dlugosz
Jennifer L. Dlugosz Principal Economist Financial Structure
Research and Statistics
Photo of Christine L. Dobridge
Christine L. Dobridge Senior Economist Capital Markets
Research and Statistics
Photo of Cynthia L. Doniger
Cynthia L. Doniger Senior Economist Money Market Analysis
Monetary Affairs
Photo of Tim E. Dore
Tim E. Dore Principal Economist Flow of Funds
Research and Statistics
Photo of John C. Driscoll
John C. Driscoll Principal Economist Consumer Finance
Research and Statistics
Photo of Wendy E. Dunn
Wendy E. Dunn Adviser Program Direction
Research and Statistics
Photo of Burcu Duygan-Bump
Burcu Duygan-Bump Associate Director Program Direction
Research and Statistics

E
Photo of Gregory Elliehausen
Gregory Elliehausen Principal Economist Consumer Finance
Research and Statistics
Photo of Eric M. Engen
Eric M. Engen Senior Associate Director Program Direction
Research and Statistics

F
Photo of Laura J. Feiveson
Laura J. Feiveson Chief Household and Business Spending
Research and Statistics
Image of Board Seal
Andrew Figura Associate Director Program Direction
Research and Statistics
Photo of Aaron B. Flaaen
Aaron B. Flaaen Principal Economist Industrial Output
Research and Statistics
Photo of Charles A. Fleischman
Charles A. Fleischman Adviser Program Direction
Research and Statistics
Photo of Nathan Foley-Fisher
Nathan Foley-Fisher Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Glenn R. Follette
Glenn R. Follette Associate Director Program Direction
Research and Statistics
Photo of Cristina Fuentes-Albero
Cristina Fuentes-Albero Group Manager Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Chad T. Fulton
Chad T. Fulton Senior Economist Prices and Wages
Research and Statistics

G
Photo of Joshua Gallin
Joshua Gallin Senior Associate Director Program Direction
Research and Statistics
Photo of William L. Gamber
William L. Gamber Economist Household and Business Spending
Research and Statistics
Photo of Daniel I. Garcia Molina
Daniel I. Garcia Molina Senior Economist Household and Business Spending
Research and Statistics
Image of Board Seal
Charles E. Gilbert Principal Economist Industrial Output
Research and Statistics
Photo of Stefan Gissler
Stefan Gissler Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
Image of Board Seal
Simon Glossner Economist Flow of Funds
Research and Statistics
Photo of Manuel P. Gonzalez-Astudillo
Manuel P. Gonzalez-Astudillo Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Sarena F. Goodman
Sarena F. Goodman Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Michael B. Gordy
Michael B. Gordy Chief Risk Analysis
Research and Statistics
Photo of Jacob P. Gramlich
Jacob P. Gramlich Chief Financial Structure
Research and Statistics
Photo of Serafin J. Grundl
Serafin J. Grundl Senior Economist Financial Structure
Research and Statistics

H
Photo of Diana Hancock
Diana Hancock Senior Associate Director Program Direction
Research and Statistics
Photo of Erik A. Heitfield
Erik A. Heitfield Deputy Associate Director Program Direction
Research and Statistics
Photo of Sam Hempel
Sam Hempel Economist Short-Term Funding Markets
Research and Statistics
Photo of Edward P. Herbst
Edward P. Herbst Chief Current Macroeconomic Conditions
Research and Statistics
Photo of Aurel Hizmo
Aurel Hizmo Principal Economist Real Estate Finance
Research and Statistics
Image of Board Seal
Xin Huang Principal Economist Risk Analysis
Research and Statistics
Photo of Kirstin Hubrich
Kirstin Hubrich Principal Economist Program Direction
Research and Statistics
Photo of Yesol Huh
Yesol Huh Principal Economist Risk Analysis
Research and Statistics

I
Photo of Jay H. Im
Jay H. Im Economist Short-Term Funding Markets
Research and Statistics

K
Image of Board Seal
Dalida Kadyrzhanova Principal Economist Capital Markets
Research and Statistics
Photo of John Kandrac
John Kandrac Principal Economist Financial Structure
Research and Statistics
Photo of You Suk Kim
You Suk Kim Principal Economist Real Estate Finance
Research and Statistics
Photo of Elizabeth K. Kiser
Elizabeth K. Kiser Associate Director Program Direction
Research and Statistics
Photo of Jacob Krimmel
Jacob Krimmel Economist Microeconomic Surveys
Research and Statistics
Photo of Mathias S. Kruttli
Mathias S. Kruttli Principal Economist Flow of Funds
Research and Statistics
Image of Board Seal
Robert J. Kurtzman Principal Economist Flow of Funds
Research and Statistics
Photo of Christopher J. Kurz
Christopher J. Kurz Assistant Director / Chief Industrial Output
Research and Statistics

L
Image of Board Seal
Jean-Philippe Laforte Group Manager Macroeconomic and Quantitative Studies
Research and Statistics
Photo of David E. Lebow
David E. Lebow Senior Associate Director Program Direction
Research and Statistics
Photo of Paul Lengermann
Paul Lengermann Assistant Director Program Direction
Research and Statistics
Photo of Antoine Lepetit
Antoine Lepetit Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Geng Li
Geng Li Assistant Director Program Direction
Research and Statistics
Photo of Yi Li
Yi Li Principal Economist Short-Term Funding Markets
Research and Statistics
Image of Board Seal
Stephen F. Lin Principal Economist Household and Business Spending
Research and Statistics
Photo of Byron Lutz
Byron Lutz Deputy Associate Director Program Direction
Research and Statistics

M
Photo of Traci L. Mach
Traci L. Mach Principal Economist Flow of Funds
Research and Statistics
Photo of Patrick E. McCabe
Patrick E. McCabe Deputy Associate Director Program Direction
Research and Statistics
Image of Board Seal
Alvaro Mezza Principal Economist Consumer Finance
Research and Statistics
Photo of David S. Miller
David S. Miller Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Raven Molloy
Raven Molloy Deputy Associate Director Program Direction
Research and Statistics
Photo of Joshua K. Montes
Joshua K. Montes Principal Economist Labor Markets
Research and Statistics
Photo of Kevin B. Moore
Kevin B. Moore Assistant Director Program Direction
Research and Statistics
Photo of Camilo Morales-Jimenez
Camilo Morales-Jimenez Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Norman J. Morin
Norman J. Morin Deputy Associate Director Program Direction
Research and Statistics
Image of Board Seal
Seth M. Murray Economist Labor Markets
Research and Statistics

N
Photo of Christopher J. Nekarda
Christopher J. Nekarda Principal Economist Labor Markets
Research and Statistics
Photo of Borghan N. Narajabad
Borghan N. Narajabad Chief Systemic Financial Institutions and Markets
Research and Statistics
Photo of Joseph B. Nichols
Joseph B. Nichols Principal Economist Household and Business Spending
Research and Statistics
Photo of Eric R. Nielsen
Eric R. Nielsen Principal Economist Flow of Funds
Research and Statistics

O
Image of Board Seal
Jake D. Orchard Economist Prices and Wages
Research and Statistics
Photo of Emilio Osambela
Emilio Osambela Principal Economist Capital Markets
Research and Statistics

P
Photo of Andrew D. Paciorek
Andrew D. Paciorek Group Manager Household and Business Spending
Research and Statistics
Photo of Dino Palazzo
Dino Palazzo Principal Economist Capital Markets
Research and Statistics
Photo of Francisco Palomino
Francisco Palomino Chief Capital Markets
Research and Statistics
Photo of Michael G. Palumbo
Michael G. Palumbo Senior Associate Director Program Direction
Research and Statistics
Photo of Yang-Ho Park
Yang-Ho Park Principal Economist Risk Analysis
Research and Statistics
Photo of Wayne Passmore
Wayne Passmore Senior Adviser Program Direction
Research and Statistics
Photo of Matthias O. Paustian
Matthias O. Paustian Assistant Director Program Direction
Research and Statistics
Photo of Karen M. Pence
Karen M. Pence Deputy Associate Director Program Direction
Research and Statistics
Photo of Ekaterina Peneva
Ekaterina Peneva Chief Prices and Wages
Research and Statistics
Photo of Maria G. Perozek
Maria G. Perozek Group Manager Flow of Funds
Research and Statistics
Photo of William B. Peterman
William B. Peterman Chief Fiscal Analysis
Research and Statistics
Photo of Justin R. Pierce
Justin R. Pierce Principal Economist Industrial Output
Research and Statistics
Photo of Eugénio Pinto
Eugénio Pinto Principal Economist Household and Business Spending
Research and Statistics
Photo of Valery Polkovnichenko
Valery Polkovnichenko Principal Economist Risk Analysis
Research and Statistics
Photo of Brendan M. Price
Brendan M. Price Senior Economist Labor Markets
Research and Statistics

R
Image of Board Seal
Carlos Ramírez Senior Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of David D. Ratner
David D. Ratner Principal Economist Fiscal Analysis
Research and Statistics
Photo of Marcelo Rezende
Marcelo Rezende Principal Economist Financial Structure
Research and Statistics
Photo of Daniel R. Ringo
Daniel R. Ringo Principal Economist Real Estate Finance
Research and Statistics
Photo of Gisela Rua
Gisela Rua Principal Economist Industrial Output
Research and Statistics
Image of Board Seal
Jeremy Rudd Senior Adviser Program Direction
Research and Statistics

S
Photo of Erick Sager
Erick Sager Senior Economist Prices and Wages
Research and Statistics
Photo of Tess C. Scharlemann
Tess C. Scharlemann Senior Economist Real Estate Finance
Research and Statistics
Image of Board Seal
Mariel E. Schwartz Economist Labor Markets
Research and Statistics
Photo of Steven A. Sharpe
Steven A. Sharpe Senior Adviser Program Direction
Research and Statistics
Photo of Shane M. Sherlund
Shane M. Sherlund Deputy Associate Director Program Direction
Research and Statistics
Photo of Gloria Sheu
Gloria Sheu Group Manager Financial Structure
Research and Statistics
Image of Board Seal
Michael Siemer Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Image of Board Seal
Jae W. Sim Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Nitish R. Sinha
Nitish R. Sinha Group Manager Capital Markets
Research and Statistics
Photo of Christopher L. Smith
Christopher L. Smith Principal Economist Labor Markets
Research and Statistics
Photo of Paul A. Smith
Paul A. Smith Deputy Associate Director Program Direction
Research and Statistics
Image of Board Seal
Simon C. Smith Senior Economist Prices and Wages
Research and Statistics
Photo of Michael Smolyansky
Michael Smolyansky Senior Economist Capital Markets
Research and Statistics
Photo of Kamila Sommer
Kamila Sommer Chief Consumer Finance
Research and Statistics
Photo of Paul E. Soto
Paul E. Soto Senior Economist Industrial Output
Research and Statistics
Photo of Irina Stefanescu
Irina Stefanescu Group Manager Flow of Funds
Research and Statistics
Photo of Andrea Stella
Andrea Stella Principal Economist Current Macroeconomic Conditions
Research and Statistics
Photo of John J. Stevens
John J. Stevens Senior Associate Director Program Direction
Research and Statistics
Photo of Brad E. Strum
Brad E. Strum Principal Economist Prices and Wages
Research and Statistics
Photo of Gustavo A. Suarez
Gustavo A. Suarez Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Pawel J. Szerszen Principal Economist Risk Analysis
Research and Statistics

T
Image of Board Seal
Charles S. Taragin Principal Economist Financial Structure
Research and Statistics
Photo of Ana-Maria K. Tenekedjieva
Ana-Maria K. Tenekedjieva Economist Flow of Funds
Research and Statistics
Photo of Stacey Tevlin
Stacey Tevlin Director Program Direction
Research and Statistics
Image of Board Seal
Andreas Tischbirek Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Maria D. Tito
Maria D. Tito Group Manager Industrial Output
Research and Statistics
Photo of Nick Turner
Nick Turner Principal Economist Fiscal Analysis
Research and Statistics
Photo of Tugkan  Tuzun
Tugkan Tuzun Principal Economist Capital Markets
Research and Statistics

V
Photo of Eileen van Straelen
Eileen van Straelen Economist Real Estate Finance
Research and Statistics
Photo of Clara Vega
Clara Vega Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Stéphane Verani Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Ivan Vidangos
Ivan Vidangos Chief Labor Markets
Research and Statistics
Photo of Diego Vilán
Diego Vilán Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Daniel Villar
Daniel Villar Senior Economist Prices and Wages
Research and Statistics
Photo of Daniel J. Vine
Daniel J. Vine Principal Economist Prices and Wages
Research and Statistics
Photo of Alice Henriques Volz
Alice Henriques Volz Chief Microeconomic Surveys
Research and Statistics

W
Photo of Ashley Wang
Ashley Wang Chief Short-Term Funding Markets
Research and Statistics
Photo of William L. Wascher
William L. Wascher Deputy Director Program Direction
Research and Statistics

Y
Photo of Choongryul Yang
Choongryul Yang Economist Prices and Wages
Research and Statistics
Photo of Jie Yang
Jie Yang Group Manager Capital Markets
Research and Statistics
Photo of Youngsuk Yook
Youngsuk Yook Principal Economist Flow of Funds
Research and Statistics

Z
Image of Board Seal
Xing (Alex) Zhou Principal Economist Short-Term Funding Markets
Research and Statistics
Image of Board Seal
Francesca Zucchi Principal Economist Short-Term Funding Markets
Research and Statistics
Last update: September 26, 2022