David S. Miller, Economist at the Federal Reserve Board
Welcome to the homepage of David S. Miller.
I am currently an Economist at the Federal Reserve Board of Governors, on detail at the Council of Economic Advisors. My research interest is in macroeconomics, more specifically the interaction of monetary and fiscal policy. Here is my CV.
Papers:
A Monetary-Fiscal Theory of Sudden Inflations with Marco Bassetto [Paper] [Slides]
Commitment versus Discretion in a Political Economy Model of Fiscal and Monetary Policy Interaction [December 2016, JME] [Slides]
Optimal Structure of Fiscal and Monetary Authorities [January 2019, JMCB] [Slides]
Monetary Unions in a Political Economy Model of Fiscal and Monetary Policy Interaction [submitted] [Slides]
Non-refereed work:
A Monetary-Fiscal Theory of Sudden Inflations and Currency Crises [August, 2021, FEDS Paper] [Programs] [Slides]
Unpredictable Recessions [July 2021, FEDS Note]
Information and Liquidity in the Market for Foreign Currency Denominated Sovereign Bonds [December 2020, FEDS Note]
Intermeeting Rate Cuts as a Response to Rare Disasters [August 2020, FEDS Paper]
Brookings, Finance news that have fees
Predicting Future Recessions [May 2019, FEDS Note]
There is No Single Best Predictor of Recessions [May 2019, FEDS Note]
Data:
A database of discount rate submissions since 1977 by regional Federal Reserve banks to the Board of Governors. Free to use, please cite as Miller, David S., "Discount Rate Database," mimeo, 2015.
Contact: david.s.miller@frb.gov
Thank you to David A. Miller, game theorist, for beginning the tradition of economist David Millers using a middle initial.
The views expressed on this page are those of the author and not necessarily those of the Board of Governors of the Federal Reserve System or of the Federal Reserve System.