Research Staff and Resources
Monetary Affairs Staff | Program Direction
Andrew Levin
Associate Director
Division of Monetary Affairs
Contact Information
202-452-3541
andrew.levin@frb.gov
Fields of Interest
Monetary Policy
Macroeconomics
Econometrics and Statistics
Education
Ph.D., Macroeconomics, Stanford University, 1989
B.A., Economics & Mathematics, Yale University, 1984
Professional Experience
Board of Governors of the Federal Reserve System, 1992-present
Co-Editor, International Journal of Central Banking, 2007-present
Committee Member, External Review of Research Activities, Bank of Canada, 2007-2007
Adjunct Professor of Economics, Columbia University, 2006-2006
External Consultant, Inflation Persistence Network, European Central Bank, 2002-2005
Adjunct Professor of Economics, Johns Hopkins University, 1998-2005
Adjunct Professor of Economics, Georgetown University, 1998-2002
Selected Publications
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''Identifying Nominal and Real Rigidities in Aggregate Price-Setting Behavior''
(with Gunter Coenen and Kai Christoffel),
Journal of Monetary Economics, vol. 54
(2007), pp. 2439-2466.
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''Optimal Monetary Policy with Durable Consumption Goods''
(with C. Erceg),
Journal of Monetary Economics, vol. 53
(2006), pp. 1341-1359.
-
''Monetary Policy under Uncertainty in Micro-Founded Macroeconometric Models''
(with A. Onatski, J. Williams, and N. Williams), in
M. Gertler and K. Rogoff, eds.,
NBER Macroeconomics Annual 2005. Cambridge, MA: MIT Press, 2006.
-
''Sectoral and Aggregate Inflation Dynamics in the Euro Area''
(with F. Altissimo, L. Bilke, T. Mathae, and others),
Journal of the European Economic Association, vol. 4
(2006), pp. 585-593.
-
''New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications
for Macro Modelling''
(with I. Angeloni, L. Aucremanne, M. Ehrmann, and others),
Journal of the European Economic Association, vol. 4
(2006), pp. 562-574.
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''Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy''
(with G. Coenen and V. Wieland),
European Economic Review, vol. 49
(2005), pp. 975-1004.
-
''Macroeconomic Stability and Poverty Reduction''
(with S. Smith), in
J. Dean, J. Schaffner, and S. Smith, eds.,
Attacking Poverty in the Developing World. Monrovia, CA: World Vision Press, 2005.
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''Comment: Parameter Misspecification with Optimal Targeting Rules and Endogenous Objectives,''
Journal of Monetary Economics, vol. 52
(2005), pp. 1016-1021.
-
''Recent Improvements in US Macroeconomic Stability: Good Policy, Good Practices,
or Good Luck?''
(with S. Ahmed and B. Wilson),
Review of Economics and Statistics, vol. 86
(2004), pp. 824-832.
-
''Robust Monetary Policy Rules with Competing Reference Models''
(with J. Williams),
Journal of Monetary Economics, vol. 50
(2003), pp. 945-975.
-
''Patience, Persistence, and Welfare Costs of Incomplete Markets in Open Economies''
(with J. Kim and S. Kim),
Journal of International Economics, vol. 61
(2003), pp. 385-396.
-
''Performance of Forecast-Based Monetary Policy Rules under Model Uncertainty''
(with V. Wieland and J. Williams),
American Economic Review, vol. 93
(2003), pp. 622-645.
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''Imperfect Credibility and Inflation Persistence''
(with C. Erceg),
Journal of Monetary Economics, vol. 50
(2003), pp. 915-944.
-
''Comment on: Monetary Policy Rules in the Open Economy,''
Journal of Monetary Economics, vol. 49
(2002), pp. 1017-23.
-
''Unit Roots in Panel Data: Asymptotic and Finite-Sample Properties''
(with C. Lin and C. Chu),
Journal of Econometrics, vol. 108
(2002), pp. 1-24.
-
''Optimal Monetary Policy with Staggered Wage and Price Setting''
(with C. Erceg and D. Henderson),
Journal of Monetary Economics, vol. 46
(2000), pp. 281-313.
-
''The Robustness of Simple Monetary Policy Rules under Model Uncertainty''
(with V. Wieland and J. Williams), in
John B. Taylor, ed.,
Monetary Policy Rules. Chicago: University of Chicago, 1999.
-
''A Practitioner’s Guide to Robust Covariance Matrix Estimation Procedures''
(with W. Den Haan), in
G.S. Maddala
and C.J. Rao, ed.,
Handbook of Statistics. Amsterdam: Elsevier, 1997.
-
''The Evolution of Macro Models at the Federal Reserve Board''
(with F. Brayton, R. Tryon, and J. Williams),
Carnegie-Rochester Conference Series on Public Policy, vol. 42
(1997), pp. 115-67.
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''Complementarities between Exports and Human Capital in Economic Development:
Evidence from the Semi-Industrialized Countries''
(with L. Raut),
Economic Development and Cultural Change, vol. 46
(1997), pp. 155-74.
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