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. My research interest is in macroeconomics, more specifically the interaction of monetary and fiscal policy and time inconsistency. Here is my CV.

Papers:

A Monetary-Fiscal Theory of the Price Level [draft] [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:

Predicting Future Recessions [May 2019, FEDS Note]

There is No Single Best Predictor of Recessions [May 2019, FEDS Note]


Data:

Discount Rate Database

Read Me

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.