CV

Employment

Federal Reserve Board, 2018 – Present

Senior Economist, Division of Research and Statistics - Labor Markets Section

Congressional Budget Office, 2014 – 2018

Economist, Macroeconomic Analysis Division

· Forecast the unemployment and labor force participation rates, employment, wage growth, and labor productivity over a ten-year horizon for CBO’s economic outlook

Education

Ph.D., Economics, University of Michigan, Ann Arbor, 2014

M.A., Economics, University of Michigan, Ann Arbor

B.S., Mathematics and Statistics, B.A. Economics, Miami University, Oxford, Ohio,

University Honors with Distinction, Cum Laude

Undergraduate Honors Thesis: “The Effects of Changes in the National Terror Alert Level on Consumer Behavior: Evidence from New York City Subway Ridership”

Research Interests

Primary: Macroeconomics and Labor Economics

Secondary: Financial Economics and Applied Econometrics

Working Papers

Wage Rigidity and Employment Outcomes: Evidence from Administrative Data” (2017)

with Gabriel Ehrlich

"Winners and Losers of Financial Crises: Evidence from Individuals and Firms" (2017)

with Daniela Hochfellner, Martin Schmalz, and Denis Sosyura

Are Entry Wages Really (Nominally) Flexible?” (2018)

with Gabriel Ehrlich and Matthew Hall

"CBO's Projection of Labor Force Participation Rates" (2018)

Work in Progress

The Financial Channel of Wage Rigidity: Evidence from Firm and Worker Administrative Data”

with Gabriel Ehrlich, Daniela Hochfellner, and Owen Nie

"Aging Workforces and Productivity: Evidence from Matched Employer-Employee Data"

"Labor Market Prospects for the Long-Term Unemployed"

with Jason Sockin

CBO Publications and Blog Posts

"CBO's Long-Term Projections of Labor Force Participation" with Xiaotong Niu and Julie Topoleski (January 2017)

"CBO's Near-Term Labor Market Projections: 2017 and 2018" (February 2017)

"Factors Affecting the Labor Force Participation of People Ages 25 to 54" with David Burk (February 2018)

Contributions to CBO Publications

“The Budget and Economic Outlook,” January 2015 (pp. 38-45, 50, 55), January 2016 (pp. 42-47, 52, 58-59), January 2017 (pp. 42-43, 51-52, 59, 66, 69)

“An Update to the Budget and Economic Outlook,” August 2015 (pp. 41-47, 52, 57), August 2016 (pp. 45-50, 54, 62), June 2017 (pp. 8-12)

“The Long-Term Budget Outlook," July 2016 (pp.78-80), March 2017 (pp. 33-34)

Conferences and Seminars

2017: Conferences – CBO's Panel of Economic Advisers Meeting; Seminars – Federal Reserve Board, University of Pennsylvania Wharton, Federal Reserve Bank of Boston

2016: Conferences – 2016 ASSA/AFA Annual Meetings, 2016 Econometric Society North American Summer Meeting, The 7th Ifo Conference of Macroeconomic and Survey Data in Munich, Germany; Seminars – Federal Reserve Board; Conference Presentations by Co-authors: Finance Down Under: Building the Best from the Cellars of Finance Conference, SOLE Annual Meeting

2015: Conferences – The 8th Swiss Winter Conference on Financial Intermediation, The German Labor Market in the Globalized World, NBER Summer Institute Labor Studies, The Econometric Society World Congress, 1st International FDZ Data User Conference (2 papers), 11th Joint ECB/CEPR Labour Market Workshop on Job Creation after the Crisis at the European Central Bank; Seminars – Bureau of Labor Statistics; Conference Presentations by Co-authors: FDIC Banking Research Conference, EIEF-SITE Conference on Finance and Labor (Rome), European Economic Association

2014: Conferences – The Fifth Boston University/Boston Fed Conference on Macro-Finance Linkages, The 5th Ifo Conference on Macroeconomic and Survey Data in Munich, Germany; Seminars – Federal Reserve Bank of Kansas City, Congressional Budget Office, U.S. Census Bureau

2013: Conferences – The 4th Ifo Conference on Macroeconomic and Survey Data in Munich, Germany, 12th Conference on the Comparative Analysis of Enterprise Data at the Federal Reserve Bank of Atlanta, Midwestern Economic Association Annual Conference; Seminars – University of Michigan, Research Data Center at the German Federal Employment Agency

Refereeing

American Economic Journal: Economic Policy (2)

Programming Languages

Matlab, Stata, R, Python

Fellowships and Awards

Rackham Merit Fellowship (Fall 2012-Winter 2014)

Access to Confidential German Employer-Employee Data from the Research Data Center (FDZ) of the German Federal Employment Agency (BA) at the Institute for Employment Research (IAB) (June 2012-December 2019)

Outstanding Graduate Student Instructor (Fall 2008, Winter 2009)

George W. Thatcher Prize for Undergraduate Excellence in Economics, awarded to the top graduating economics major, Miami University (May 2006)

Junior Scholar Award, recognizing the top 10 junior economics majors, Miami University (May 2005)

Actuarial Exam P, Society of Actuaries (May 2005)

Koehler Prize in Mathematics for Undergraduate Excellence in Calculus, Linear Algebra, and Differential Equations, Miami University (Spring 2004)

Citizenship: U.S.

References

Matthew Shapiro

Department of Economics

University of Michigan

(734)-764-5419

shapiro@umich.edu

Chris House

Department of Economics

University of Michigan

(734)-764-2364

chouse@umich.edu

Ruediger Bachmann

Department of Economics

University of Notre Dame

(574)-631-0380

rbachman@nd.edu

Susan Collins

Gerald R. Ford School of Public Policy

Department of Economics

University of Michigan

(734)-763-2258

smcol@umich.edu

Teaching Reference

Ruediger Bachmann

Department of Economics

University of Notre Dame

(574)-631-0380

rbachman@nd.edu

Class: Intermediate Macroeconomics