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Photo of William L. Gamber

William L. Gamber

Senior Economist Household and Business Spending Section Research and Statistics

Education

  • Ph.D., Economics, New York University, 2021
  • M.Phil., Economics, New York University, 2019
  • B.A., Mathematics, Pomona College, 2013
Current Research Topics
  • Firm dynamics
  • Heterogeneous Agent Models
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2024 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2021 - 2024
  • Debt Payments and Spending: Evidence from the 2023 Student Loan Payment Restart
    Aditya Aladangady, Edmund Crawley, William Gamber, Patrick Moran, and Jose Nino
    FEDS Notes (2025)
    https://doi.org/10.17016/2380-7172.3879
  • Wealth Heterogeneity and Consumer Spending
    Samara Beach, William Gamber, and Patrick Moran
    FEDS Notes (2025)
    https://doi.org/10.17016/2380-7172.3838
  • The Importance of Entry in the Business Cycle: What Are the Roles of Markups, Adjustment Costs, and Heterogeneity?
    William Gamber
    Journal of Political Economy Macroeconomics (2023)
    https://doi.org/10.1086/726227
  • Winners and losers from recent asset price changes
    Edmund Crawley and William Gamber
    FEDS Notes (2023)
    https://doi.org/10.17016/2380-7172.3287
  • Stuck at home: Housing demand during the COVID-19 pandemic
    William Gamber, James Graham, and Anirudh Yadav
    Journal of Housing Economics (2023)
    https://doi.org/10.1016/j.jhe.2022.101908
  • Entry, Variable Markups, and Business Cycles
    William L. Gamber
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.077
  • Entry, Variable Markups, and Business Cycles
    William Gamber
    New York University (2020)
    See also » FRB Working Paper (2021)

  • discussion

    September 2, 2022

    Lisbon Macro Workshop

    Scalable Expertise by Sara Moreira, David Argente, Ezra Oberfield, and Venky Venkateswaran

  • conference

    September 1, 2022

    Lisbon Macro Workshop

    Entry and Employment Dynamics in the Presence of Market Power

  • conference

    December 8, 2021

    University of Kent Workshop on Firm Dynamics, Market Structures and Productivity in the Macroeconomy

    Entry, Variable Markups, and Business Cycles

  • discussion

    December 8, 2021

    University of Kent Workshop on Firm Dynamics, Market Structures and Productivity in the Macroeconomy

    Does Firm Exit Increase Prices? by Melinda Suveg

Referee
  • American Economic Journal: Macroeconomics
  • B.E. Journal of Macroeconomics
  • Economic Journal
  • Journal of Economic Behavior and Organization
  • Journal of Housing Economics
  • Review of Economics and Statistics
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Last Update: November 21, 2025