Photo of Michael Siemer

Michael Siemer

Education

  • Ph.D., Economics, Boston University, 2013
  • M.A., Economics, Simon Fraser University, 2007
Current Research Topics
  • Financial constraints & employment
  • International transmission of risk/uncertainty
  • Economist

    Board of Governors of the Federal Reserve System

    2013 - present
  • The 2023 Banking Turmoil and the Bank Term Funding Program
    David Glancy, Felicia Ionescu, Elizabeth Klee, Antonis Kotidis, Michael Siemer, and Andrei Zlate
    Finance and Economics Discussion Series (2024)
    https://doi.org/10.17016/FEDS.2024.045
  • Debt Flexibility
    Rhys Bidder, Nicolas Crouzet, Margaret M. Jacobson, and Michael Siemer
    Finance and Economics Discussion Series (2023)
    https://doi.org/10.17016/FEDS.2023.076
  • Considerations Regarding Inflation Ranges
    Hess Chung, Brian M. Doyle, James Hebden, and Michael Siemer
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.075
  • The Great Recession and a Missing Generation of Exporters
    William F. Lincoln, Andrew H. McCallum, and Michael Siemer
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2531
    See also » FRB Working Paper (2017)
  • The Great Recession and a Missing Generation of Exporters
    William F. Lincoln, Andrew H. McCallum, and Michael Siemer
    IMF Economic Review (2019)
    https://doi.org/10.1057/s41308-019-00091-3
    See also » FRB Working Paper (2017)
  • Employment Effects of Financial Constraints during the Great Recession
    Michael Siemer
    Review of Economics and Statistics (2019)
    https://doi.org/10.1162/rest_a_00733
  • Firm Entry and Macroeconomic Dynamics: A State-level Analysis
    Francois Gourio, Todd Messer, and Michael Siemer
    American Economic Review: Papers and Proceedings (2016)
    https://doi.org/10.1257/aer.p20161052
    See also » FRB Working Paper (2016)
  • Learning, Rare Disasters, and Asset Prices
    Yang K. Lu and Michael Siemer
    Finance and Economics Discussion Series (2013)
    https://doi.org/10.17016/FEDS.2013.85
  • International Risk Cycles
    Francois Gourio, Michael Siemer, and Adrien Verdelhan
    Journal of International Economics (2013)
    https://doi.org/10.1016/j.jinteco.2011.10.001
Awards
  • 2013

    Boston University Department of Economics

    IED Research Grant

  • 2012

    Boston University Department of Economics

    Research Fellowship

  • 2011

    Research Grants Council of Hong Kong

    General Reserach Fund #643811 (Co-Investigator)

  • 2011

    Boston University Department of Economics

    Summer Research Grant

  • 2008

    Boston University Department of Economics

    Distinction Macroeconomics Qualifying Exam

  • 2007

    Boston University

    Fellow of the Dean of Arts and Sciences

  • 2006

    Simon Fraser University

    Graduate Fellowship

  • 2004

    German National Academic Foundation

    German National Academic Foundation Scholarship

Referee
  • Journal of Monetary Economics, Journal of Economic Dynamics and Control, Economics Letters
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Last Update: September 9, 2024