Contact Information
202-452-2868
jonathan.n.millar@frb.gov

Fields of Interest
Investment
Macroeconomics
Real Estate

Education
Ph.D., Economics, University of Michigan, 2005
M.Sc., Financial Engineering, University of Michigan, 2001
B.B.A., Finance/Economics, University of Saskatchewan, 1994

Professional Experience
Board of Governors of the Federal Reserve System, 2004-present
Analyst (Structured Products), DTE Energy Trading, 2001-2002
Research Internship, International Monetary Fund, 2000-2000
Analyst (Financial Markets), Bank of Canada, 1996-1997

Selected Publications

• The Asian Financial Crisis, Uphill Flow of Capital, and Global Imbalances: Evidence from a Micro Study (with Brahima Coulibaly), International Finance Discussion Papers 942. Washington: Board of Governors of the Federal Reserve System, 2008.
• Estimating the Long-Run User Cost Elasticity for a Small Open Economy: Evidence using Data from South Africa (with Brahima Coulibaly), Finance and Economics Discussion Series 2007-25. Washington: Board of Governors of the Federal Reserve System, 2007.
• Gestation Lags for Capital, Cash Flows, and Tobin's Q, Finance and Economics Discussion Series 2005-24. Washington: Board of Governors of the Federal Reserve System, 2005.
• Gestation Lags and the Relationship Between Investment and Q in Regressions, Finance and Economics Discussion Series 2005-28. Washington: Board of Governors of the Federal Reserve System, 2005.
• The Effects of Budget Rules on Fiscal Performance and Macroeconomic Stabilization. Bank of Canada Working Paper, vol. 97-15. Ottawa: Bank of Canada, 1997.