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Photo of William B. Peterman

William B. Peterman

Chief Fiscal Analysis Section Research and Statistics
202-452-3703
[email protected]

Education

  • Ph.D., Economics, University of California - San Diego, 2011
  • B.A., Mathematics and Economics, Emory University, 2003
Current Research Topics
  • Sources of income inequality in life cycle models
  • Efficiency equity tradeoff of carbon taxes
  • Chief

    Board of Governors of the Federal Reserve System

    2020 - present
  • Principle Economist

    Board of Governors of the Federal Reserve System

    2017 - 2020
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2015 - 2017
  • Economist

    Board of Governors of the Federal Reserve System

    2011 - 2015
  • The Restrained Recovery of State and Local Government Payrolls from the Pandemic Recession
    David Cashin, Byron Lutz, William Peterman, David Ratner, and Sarah Rodman
    FEDS Notes (2023)
    https://doi.org/10.17016/2380-7172.3369
  • A New Index to Measure U.S. Financial Conditions
    Andrea Ajello, Michele Cavallo, Giovanni Favara, William B. Peterman, John Schindler, and Nitish R. Sinha
    FEDS Notes (2023)
    https://doi.org/10.17016/2380-7172.3281
  • Optimal Public Debt with Life Cycle Motives
    William B. Peterman and Erick Sager
    American Economic Journal: Macroeconomics (2022)
    https://doi.org/10.1257/mac.20180247
    See also » FRB Working Paper (2018)
  • Climate policy transition risk and the macroeconomy
    Stephie Fried, Kevin Novan, and William B. Peterman
    European Economic Review (2022)
    https://doi.org/10.1016/j.euroecorev.2022.104174
  • An evaluation of the Paycheck Protection Program using administrative payroll microdata
    David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes, William B. Peterman, David Ratner, Daniel Villar, and Ahu Yildirmaz
    Journal of Public Economics (2022)
    https://doi.org/10.1016/j.jpubeco.2022.104664
  • The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did It Go There?
    David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes, William B. Peterman, David Ratner, Daniel Villar, and Ahu Yildirmaz
    Journal of Economic Perspectives (2022)
    https://doi.org/10.1257/jep.36.2.55
  • Macroeconomic Implications of Inequality and Income Risk
    Aditya Aladangady, Etienne Gagnon, Benjamin K. Johannsen, and William B. Peterman
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.073
  • Recycling Carbon Tax Revenue to Maximize Welfare
    Stephie Fried, Kevin Novan, and William B. Peterman
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.023
  • The Macro Effects of Climate Policy Uncertainty
    Stephie Fried, Kevin Novan, and William B. Peterman
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.018
  • A Historical Welfare Analysis of Social Security: Whom Did the Program Benefit?
    William B. Peterman and Kamila Sommer
    Quantitative Economics (2019)
    https://doi.org/10.3982/QE657
    See also » FRB Working Paper (2015)
  • The Systemic Risk of Climate Policy (Preliminary)
    Stephie Fried, Kevin Novan, and William B. Peterman
    FRBSF Working Paper (2019)
  • Taxing Capital? The Importance of How Human Capital is Accumulated
    Adam Blandin and William B. Peterman
    European Economic Review (2019)
    https://doi.org/10.1016/j.euroecorev.2019.08.007
    See also » FRB Working Paper (2015)
  • The Green Dividend Dilemma: Carbon Dividends Versus Double-Dividends
    Stephie Fried, Kevin Novan, and William Peterman
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2340
  • The Distributional Effects of a Carbon Tax on Current and Future Generations
    Stephie Fried, Kevin Novan, and William B. Peterman
    Review of Economic Dynamics (2018)
    https://doi.org/10.1016/j.red.2018.02.001
    See also » FRB Working Paper (2016)
  • Fiscal Policy and Aggregate Demand in the USA Before, During and Following the Great Recession
    David Cashin, Jamie Lenney, Byron Lutz, and William Peterman
    International Tax and Public Finance (2018)
    https://doi.org/10.1007/s10797-018-9497-0
    See also » FRB Working Paper (2017)
  • The Effect of Endogenous Human Capital Accumulation on Optimal Taxation
    William B. Peterman
    Review of Economic Dynamics (2016)
    https://doi.org/10.1016/j.red.2016.04.001
    See also » FRB Working Paper (2015)
  • Reconciling Micro and Macro Estimates of the Frisch Labor Supply Elasticity
    William B. Peterman
    Economic Inquiry (2016)
    https://doi.org/10.1111/ecin.12252
    See also » FRB Working Paper (2012)
  • Determining the Motives for a Positive Optimal Tax on Capital
    William B. Peterman
    Journal of Economic Dynamics & Control (2013)
    https://doi.org/10.1016/j.jedc.2012.08.004
    See also » FRB Working Paper (2012)
  • An Extensive Look at Taxes: How does Endogenous Retirement Affect Optimal Taxation?
    William B. Peterman
    Finance and Economics Discussion Series (2012)
    https://doi.org/10.17016/FEDS.2012.28
  • Decomposing Inflation
    Andrew Bauer, Nicholas Haltom, and William Peterman
    Economic Review (Federal Reserve Bank of Atlanta) (2004)
  • Advocacy vs. Collaboration: Comparing Inclusionary Community Planning Models
    William Peterman
    Community Development Journal (2004)
  • Examining Contributions to Core Consumer Inflation Measures
    Andrew Bauer, Nicholas Haltom, and William Peterman
    Working Paper (Federal Reserve Bank of Atlanta) (2004)
Referee
  • Journal of Public Economics
  • American Economic Journal: Macroeconomics
  • Journal of Macroeconomics
  • Economic Journal
  • Macroeconomic Dynamics
  • Journal of Public Economic Theory
  • European Economic Review
  • Journal of Economic Dynamics and Control
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Last Update: December 1, 2023