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:
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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 Stephanie R. Aaronson
Stephanie R. Aaronson Assistant Director Program Direction
Research and Statistics
Photo of Robert M. Adams
Robert M. Adams Principal Economist Financial Structure
Research and Statistics
Photo of Hie Joo Ahn
Hie Joo Ahn Economist Labor Markets
Research and Statistics
Image of Board Seal
Aditya Aladangady Economist Household and Business Spending
Research and Statistics
Image of Board Seal
Dean F. Amel Senior Economist Financial Structure
Research and Statistics
Photo of Gianni G. Amisano
Gianni G. Amisano Chief Current Macroeconomic Conditions
Research and Statistics
Photo of Elliot Anenberg
Elliot Anenberg Senior Economist Real Estate Finance
Research and Statistics

B
Photo of Jack Bao
Jack Bao Principal Economist Short-Term Funding Markets
Research and Statistics
Photo of Alessandro Barbarino
Alessandro Barbarino Economist Current Macroeconomic Conditions
Research and Statistics
Photo of Michael M. Batty
Michael M. Batty Economist Flow of Funds
Research and Statistics
Photo of Kimberly N. Bayard
Kimberly N. Bayard Economist Industrial Output
Research and Statistics
Photo of Travis J. Berge
Travis J. Berge Senior Economist Current Macroeconomic Conditions
Research and Statistics
Photo of Neil Bhutta
Neil Bhutta Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Jesse Bricker
Jesse Bricker Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Joseph S. Briggs
Joseph S. Briggs Economist Flow of Funds
Research and Statistics
Photo of Celso Brunetti
Celso Brunetti Chief Systemic Financial Institutions and Markets
Research and Statistics
Image of Board Seal
Devin Bunten Economist Household and Business Spending
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 Chief Flow of Funds
Research and Statistics
Photo of Isabel Cairo
Isabel Cairo Economist Macroeconomic and Quantitative Studies
Research and Statistics
Image of Board Seal
Tomaz Cajner Senior Economist Labor Markets
Research and Statistics
Photo of David B. Cashin
David B. Cashin Senior Economist Fiscal Analysis
Research and Statistics
Photo of Andrew C. Chang
Andrew C. Chang Senior Economist Household and Business Spending
Research and Statistics
Photo of Andrew Y. Chen
Andrew Y. Chen Economist Capital Markets
Research and Statistics
Photo of Han Chen
Han Chen Senior Economist Current Macroeconomic Conditions
Research and Statistics
Photo of Hess T. Chung
Hess T. Chung Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Andrew M. Cohen
Andrew M. Cohen Chief Financial Structure
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 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 Economist Industrial Output
Research and Statistics
Photo of Alan K. Detmeister
Alan K. Detmeister Chief Prices and Wages
Research and Statistics
Photo of Lisa J. Dettling
Lisa J. Dettling Senior Economist Microeconomic Surveys
Research and Statistics
Photo of Tim E. Dore
Tim E. Dore Senior Economist Financial Structure
Research and Statistics
Photo of John C. Driscoll
John C. Driscoll Economist Consumer Finance
Research and Statistics
Image of Board Seal
Wendy E. Dunn Principal Economist Household and Business Spending
Research and Statistics
Photo of Burcu Duygan-Bump
Burcu Duygan-Bump Assistant 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
Photo of Eric C. Engstrom
Eric C. Engstrom Adviser Program Direction
Research and Statistics

F
Photo of Laura J. Feiveson
Laura J. Feiveson Economist Household and Business Spending
Research and Statistics
Photo of Naomi E. Feldman
Naomi E. Feldman Senior Economist Fiscal Analysis
Research and Statistics
Photo of Francesco Ferrante
Francesco Ferrante Economist Macroeconomic and Quantitative Studies
Research and Statistics
Image of Board Seal
Andrew Figura Senior Economist Household and Business Spending
Research and Statistics
Photo of Aaron B. Flaaen
Aaron B. Flaaen Economist Industrial Output
Research and Statistics
Photo of Charles A. Fleischman
Charles A. Fleischman Chief Labor Markets
Research and Statistics
Photo of Nathan Foley-Fisher
Nathan Foley-Fisher Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Glenn R. Follette
Glenn R. Follette Assistant Director Program Direction
Research and Statistics
Photo of Cristina Fuentes-Albero
Cristina Fuentes-Albero Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Chad T. Fulton
Chad T. Fulton Economist Prices and Wages
Research and Statistics

G
Photo of Joshua Gallin
Joshua Gallin Deputy Associate Director Program Direction
Research and Statistics
Image of Board Seal
Charles E. Gilbert Principal Economist Industrial Output
Research and Statistics
Photo of Stefan Gissler
Stefan Gissler Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Manuel P. Gonzalez-Astudillo
Manuel P. Gonzalez-Astudillo Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Sarena F. Goodman
Sarena F. Goodman Senior Economist Consumer Finance
Research and Statistics
Photo of Michael B. Gordy
Michael B. Gordy Principal Economist 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 Economist Financial Structure
Research and Statistics

H
Photo of Song Han
Song Han Assistant Director Short-Term Funding Markets
Research and Statistics
Photo of Diana Hancock
Diana Hancock Senior Associate Director Program Direction
Research and Statistics
Photo of Erik A. Heitfield
Erik A. Heitfield Assistant Director Program Direction
Research and Statistics
Photo of Alice M. Henriques
Alice M. Henriques Senior Economist Microeconomic Surveys
Research and Statistics
Photo of Aurel Hizmo
Aurel Hizmo Senior Economist Real Estate Finance
Research and Statistics
Photo of Joanne W. Hsu
Joanne W. Hsu Senior Economist Microeconomic Surveys
Research and Statistics
Image of Board Seal
Xin Huang Senior Economist Risk Analysis
Research and Statistics
Photo of Kirstin Hubrich
Kirstin Hubrich Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Yesol Huh
Yesol Huh Economist Risk Analysis
Research and Statistics

I
Image of Board Seal
Felicia F. Ionescu Principal Economist Consumer Finance
Research and Statistics

J
Photo of Lindsay P. Jacobs
Lindsay P. Jacobs Economist Microeconomic Surveys
Research and Statistics

K
Photo of You Suk Kim
You Suk Kim Economist Financial Structure
Research and Statistics
Photo of Elizabeth K. Kiser
Elizabeth K. Kiser Associate Director Program Direction
Research and Statistics
Photo of Mathias S. Kruttli
Mathias S. Kruttli Economist Flow of Funds
Research and Statistics
Photo of Christopher J. Kurz
Christopher J. Kurz Group Manager Industrial Output
Research and Statistics

L
Image of Board Seal
Jean-Philippe Laforte Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Steven M. Laufer
Steven M. Laufer Senior Economist Real Estate Finance
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 Chief Household and Business Spending
Research and Statistics
Photo of Geng Li
Geng Li Chief Consumer Finance
Research and Statistics
Photo of Yi Li
Yi Li Economist Short-Term Funding Markets
Research and Statistics
Photo of Deb Lindner
Deb Lindner Principal Economist Prices and Wages
Research and Statistics
Photo of Matteo Luciani
Matteo Luciani Senior Economist Prices and Wages
Research and Statistics
Photo of Byron Lutz
Byron Lutz Chief Fiscal Analysis
Research and Statistics

M
Photo of Traci L. Mach
Traci L. Mach Principal Economist Financial Structure
Research and Statistics
Photo of Patrick E. McCabe
Patrick E. McCabe Adviser Program Direction
Research and Statistics
Photo of Susan Hume McIntosh
Susan Hume McIntosh Group Manager Flow of Funds
Research and Statistics
Photo of Ralf R. Meisenzahl
Ralf R. Meisenzahl Principal Economist Flow of Funds
Research and Statistics
Image of Board Seal
Alvaro Mezza Senior Economist Consumer Finance
Research and Statistics
Photo of Jonathan N. Millar
Jonathan N. Millar Group Manager Financial Structure
Research and Statistics
Photo of David S. Miller
David S. Miller Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Raven Molloy
Raven Molloy Chief Real Estate Finance
Research and Statistics
Photo of Kevin B. Moore
Kevin B. Moore Chief Microeconomic Surveys
Research and Statistics
Photo of Camilo Morales-Jimenez
Camilo Morales-Jimenez Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Norman J. Morin
Norman J. Morin Assistant Director Industrial Output
Research and Statistics

N
Photo of Taisuke Nakata
Taisuke Nakata Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Jeremy J. Nalewaik
Jeremy J. Nalewaik Principal Economist Prices and Wages
Research and Statistics
Photo of Borghan N. Narajabad
Borghan N. Narajabad Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Christopher J. Nekarda
Christopher J. Nekarda Principal Economist Labor Markets
Research and Statistics
Photo of Eric R. Nielsen
Eric R. Nielsen Economist Flow of Funds
Research and Statistics

O
Image of Board Seal
Emilio Osambela Senior Economist Capital Markets
Research and Statistics
Image of Board Seal

Maria W. Otoo

Senior EconomistIndustrial Output
Research and Statistics

P
Photo of Andrew D. Paciorek
Andrew D. Paciorek Senior Economist Household and Business Spending
Research and Statistics
Photo of Francisco Palomino
Francisco Palomino Senior Economist 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 Senior 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 Chief Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Karen M. Pence
Karen M. Pence Adviser Program Direction
Research and Statistics
Photo of Ekaterina Peneva
Ekaterina Peneva Economist 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 Economist Fiscal Analysis
Research and Statistics
Photo of Damjan Pfajfar
Damjan Pfajfar Principal Economist Macroeconomic and Quantitative Studies
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
Image of Board Seal
Robin Prager Senior Adviser Program Direction
Research and Statistics

R
Image of Board Seal
Carlos Ramírez Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of David D. Ratner
David D. Ratner Senior Economist Labor Markets
Research and Statistics
Photo of Daniel R. Ringo
Daniel R. Ringo Economist Real Estate Finance
Research and Statistics
Photo of John M. Roberts
John M. Roberts Assistant Director Program Direction
Research and Statistics
Photo of Brigitte Roth Tran
Brigitte Roth Tran Economist Household and Business Spending
Research and Statistics
Photo of Gisela Rua
Gisela Rua Senior Economist Industrial Output
Research and Statistics
Image of Board Seal
Jeremy Rudd Senior Adviser Program Direction
Research and Statistics
Photo of Doriana Ruffino
Doriana Ruffino Principal Economist Systemic Financial Institutions and Markets
Research and Statistics

S
Photo of John Sabelhaus
John Sabelhaus Assistant Director Program Direction
Research and Statistics
Photo of Claudia R. Sahm
Claudia R. Sahm Principal Economist Household and Business Spending
Research and Statistics
Photo of Steven A. Sharpe
Steven A. Sharpe Deputy Associate Director Program Direction
Research and Statistics
Photo of Shane M. Sherlund
Shane M. Sherlund Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Chaehee Shin Economist Financial Structure
Research and Statistics
Photo of Michael Siemer
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 Senior Economist 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 Assistant Director Program Direction
Research and Statistics
Photo of Michael Smolyansky
Michael Smolyansky Economist Capital Markets
Research and Statistics
Photo of Kamila Sommer
Kamila Sommer Senior Economist Real Estate Finance
Research and Statistics
Photo of Irina Stefanescu
Irina Stefanescu Principal Economist Flow of Funds
Research and Statistics
Photo of Andrea Stella
Andrea Stella Senior Economist Current Macroeconomic Conditions
Research and Statistics
Photo of John J. Stevens
John J. Stevens Associate Director Program Direction
Research and Statistics
Photo of Brad E. Strum
Brad E. Strum Economist Prices and Wages
Research and Statistics
Photo of Gustavo A. Suarez
Gustavo A. Suarez Chief Capital Markets
Research and Statistics
Image of Board Seal
Pawel J. Szerszen Principal Economist Risk Analysis
Research and Statistics

T
Photo of Jeffrey P. Thompson
Jeffrey P. Thompson Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Maria D. Tito
Maria D. Tito Economist Industrial Output
Research and Statistics
Photo of Riccardo Trezzi
Riccardo Trezzi Economist Prices and Wages
Research and Statistics
Photo of Tugkan  Tuzun
Tugkan Tuzun Senior Economist Capital Markets
Research and Statistics

V
Photo of Clara Vega
Clara Vega Chief Risk Analysis
Research and Statistics
Image of Board Seal
Stéphane Verani Senior Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Ivan Vidangos
Ivan Vidangos Principal Economist Labor Markets
Research and Statistics
Photo of Diego Vilán
Diego Vilán Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Daniel Villar Vallenas
Daniel Villar Vallenas Economist Prices and Wages
Research and Statistics
Photo of Daniel J. Vine
Daniel J. Vine Senior Economist Industrial Output
Research and Statistics

W
Photo of Ashley Wang
Ashley Wang Principal Economist Capital Markets
Research and Statistics
Photo of Missaka Warusawitharana
Missaka Warusawitharana Group Manager Flow of Funds
Research and Statistics
Photo of William L. Wascher
William L. Wascher Deputy Director Program Direction
Research and Statistics
Photo of Alison E. Weingarden
Alison E. Weingarden Economist Labor Markets
Research and Statistics
Photo of David W. Wilcox
David W. Wilcox Director Program Direction
Research and Statistics

Y
Photo of Jie Yang
Jie Yang Senior Economist 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 Senior Economist Short-Term Funding Markets
Research and Statistics
Photo of Tom Zimmermann
Tom Zimmermann Economist Capital Markets
Research and Statistics
Photo of Francesca Zucchi
Francesca Zucchi Economist Short-Term Funding Markets
Research and Statistics
Last update: April 24, 2017