Photo of Aaron B. Flaaen

Aaron B. Flaaen

Education

  • Ph.D., Economics, University of Michigan, 2015
Current Research Topics
  • Production Sharing and the Transmission of Shocks
  • International Trade and Offshoring
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2020 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - 2020
  • Economist

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Supply vs Demand Factors Influencing Prices of Manufactured Goods
    Robin Braun, Aaron Flaaen, and Sinem Hacioğlu-Hoke
    FEDS Notes (2024)
    https://doi.org/10.17016/2380-7172.3465
  • Bill of lading data in international trade research with an application to the COVID-19 pandemic
    Aaron Flaaen, Flora Haberkorn, Logan Lewis, Anderson Monken, Justin Pierce, Rosemary Rhodes, and Madeleine Yi
    Review of International Economics (2023)
    https://doi.org/10.1111/roie.12657
    See also » FRB Working Paper (2021)
  • New Measurement of Export Participation in US Manufacturing
    Christoph E. Boehm, Aaron Flaaen, and Nitya Pandalai-Nayar
    American Economic Review: Papers and Proceedings (2023)
    https://doi.org/10.1257/pandp.20231076
  • Business exit during the COVID-19 pandemic: Non-traditional measures in historical context
    Leland D. Crane, Ryan A. Decker, Aaron Flaaen, Adrian Hamins-Puertolas, and Christopher Kurz
    Journal of Macroeconomics (2022)
    https://doi.org/10.1016/j.jmacro.2022.103419
    See also » FRB Working Paper (2021)
  • Bill of Lading Data in International Trade Research with an Application to the COVID-19 Pandemic
    Aaron Flaaen, Flora Haberkorn, Logan Lewis, Anderson Monken, Justin Pierce, Rosemary Rhodes, and Madeleine Yi
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.066
  • Business Exit During the COVID-19 Pandemic: Non-Traditional Measures in Historical Context
    Leland D. Crane, Ryan A. Decker, Aaron Flaaen, Adrian Hamins-Puertolas, and Christopher Kurz
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2020.089r1
  • Factors Affecting Recent U.S. Tariffs on Imports from China
    Aaron Flaaen, Kathryn Langemeier, and Justin Pierce
    FEDS Notes (2021)
    https://doi.org/10.17016/2380-7172.2863
  • Multinationals, Offshoring, and the Decline of U.S. Manufacturing
    Christoph E. Boehm, Aaron Flaaen, and Nitya Pandalai-Nayar
    Journal of International Economics (2020)
    https://doi.org/10.1016/j.jinteco.2020.103391
  • The Production Relocation and Price Effects of US Trade Policy: The Case of Washing Machines
    Aaron Flaaen, Ali Hortaçsu, and Felix Tintelnot
    American Economic Review (2020)
    https://doi.org/10.1257/aer.20190611
  • Disentangling the Effects of the 2018-2019 Tariffs on a Globally Connected U.S. Manufacturing Sector
    Aaron Flaaen and Justin Pierce
    Finance and Economics Discussion Series (2019)
    https://doi.org/10.17016/FEDS.2019.086
  • Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective
    Aaron Flaaen, Matthew D. Shapiro, and Isaac Sorkin
    American Economic Journal: Macroeconomics (2019)
    https://doi.org/10.1257/mac.20170162
    See also » FRB Working Paper (2018)
  • Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tōhoku Earthquake
    Christoph E. Boehm, Aaron Flaaen, and Nitya Pandalai-Nayar
    Review of Economics and Statistics (2019)
    https://doi.org/10.1162/rest_a_00750
    See also » FRB Working Paper (2015)
  • Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective
    Aaron B. Flaaen, Matthew D. Shapiro, and Isaac Sorkin
    NBER Working Paper Series (2017)
    https://doi.org/10.3386/w24077
    See also » FRB Working Paper (2018)
  • The Role of Transfer Prices in Profit-Shifting by U.S. Multinational Firms: Evidence from the 2004 Homeland Investment Act
    Aaron Flaaen
    Finance and Economics Discussion Series (2017)
    https://doi.org/10.17016/FEDS.2017.055
  • Multinationals Offshoring, and the Decline of U.S. Manufacturing
    Christoph E. Boehm, Aaron Flaaen, and Nitya Pandalai-Nayar
    Center for Economic Studies (CES) Working Paper Series (2017)
  • The Role of Global Supply Chains in the Transmission of Shocks: Firm-Level Evidence from the 2011 Tōhoku Earthquake
    Christoph E. Boehm, Aaron Flaaen, and Nitya Pandalai-Nayar
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1765
  • Unraveling the Oil Conundrum: Productivity Improvements and Cost Declines in the U.S. Shale Oil Industry
    Ryan A. Decker, Aaron Flaaen, and Maria D. Tito
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1736
  • Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohōku Earthquake
    Christoph E. Boehm, Aaron Flaaen, and Nitya Pandalai-Nayar
    Center for Economic Studies (CES) Working Paper Series (2015)
    See also » FRB Working Paper (2015)
  • Record Linkage Using Stata: Preprocessing, Linking, and Reviewing Utilities
    Nada Wasi and Aaron Flaaen
    Stata Journal (2015)
  • How to Avoid Middle Income Traps? Evidence from Malaysia
    Aaron Flaaen, Ejaz Ghani, and Saurabh Mishra
    Policy Research Working Paper Series (2013)
    https://doi.org/10.1596/1813-9450-6427
  • Trading with Asia's Giants
    Aaron Flaaen, Barry Bosworth, and Susan Collins
    Emerging Giants: China and India in the World Economy (2010)
    https://doi.org/10.1093/acprof:oso/9780199575077.001.0001
  • Financial Crisis American Style
    Barry Bosworth and Aaron Flaaen
    Asian Economic Papers (2009)
    https://doi.org/10.1162/asep.2009.8.3.146
  • Trading with Asia's Giants
    Aaron Flaaen, Barry Bosworth, and Susan Collins
    ICRIER Working Papers (2008)
  • conference

    May 2015

    New Faces in International Trade Conference at Penn State University

    Input Linkages and the Transmission of Shocks

  • seminar

    December 2014

    Johns Hopkins SAIS

    Input Linkages and the Transmission of Shocks

  • conference

    November 2014

    IMF Jacques Polak Annual Research Conference

    Input Linkages and the Transmission of Shocks

  • seminar

    June 2014

    Center for Economic Studies, U.S. Census Bureau

    Input Linkages and the Transmission of Shocks

  • conference

    September 2013

    Comparative Analysis of Enterprise Data

    Multinational Firms in Context

Awards
  • 2015

    World Trade Organization

    Essay Award for Young Economists

Referee
  • Journal of the European Economic Association
  • Economics Letters
  • Review of Economics and Statistics
  • American Economic Journal: Economic Policy
  • American Economic Journal: Applied
Professional Affiliation
  • American Economic Association
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Last Update: March 4, 2024