Professional Experience

• • Economist

    Board of Governors of the Federal Reserve System

  • 2002 - present

• • Assistant Professor of Economics

    Brown University

  • 1995 - 2002

• • Faculty Research Fellow

    National Bureau of Economic Research

  • 1999 - 2002

• • Adjunct Professor

    The Johns Hopkins University

  • 2004 - present

• • Senior Economist

    Council of Economic Advisers

  • 2004 - 2005

Publications

• Bassett, William F., Mary Beth Chosak, John C. Driscoll, and Egon Zakrajsek (2012). "Changes in Bank Lending Standards and the Macroeconomy," Finance and Economics Discussion Series 2012-24. Board of Governors of the Federal Reserve System (U.S.).
• Agarwal, Sumit, Souphala Chomsisengphet, and John C. Driscoll (2011). "How do Private Firms use Credit Lines?" Economic Perspectives, vol. Q2, pp. 71-79.
• Buch, Claudia M., John C. Driscoll, and Charlotte Ostergaard (2010). "Cross-Border Diversification in Bank Asset Portfolios," International Finance, vol. 13, no. 1, pp. 79-108.
• Agarwal, Sumit, John C. Driscoll, Xavier Gabaix, and David Laibson (2009). "The Age of Reason: Financial Decisions Over the Life-Cycle with Implications for Regulation," Brookings Papers on Economic Activity, no. 2, pp. 51-117.
• Agarwal, Sumit, John C. Driscoll, Xavier Gabaix, and David Laibson (2008). "Learning in the Credit Card Market," NBER Working Papers 13822. National Bureau of Economic Research, Inc.
• Agarwal, Sumit, John C. Driscoll, and David Laibson (2007). "Optimal Mortgage Refinancing: A Closed Form Solution," NBER Working Papers 13487. National Bureau of Economic Research, Inc.
• Agarwal, Sumit, John C. Driscoll, Xavier Gabaix, and David Laibson (2007). "The Age of Reason: Financial Decisions Over the Lifecycle," NBER Working Papers 13191. National Bureau of Economic Research, Inc.
• Agarwal, Sumit, John C. Driscoll, Xavier Gabaix, and David Laibson (2007). "The Age of Reason: Financial Decisions Over the Lifecycle," Working Paper Series WP-07-05. Federal Reserve Bank of Chicago.
• Buch, Claudia, John C. Driscoll, and Charlotte Ostergaard (2005). "Cross-Border Diversification in Bank Asset Portfolios," Working Paper Series 429. European Central Bank.
• Agarwal, Sumit, Souphala Chomsisengphet, and John C. Driscoll (2004). "Loan Commitments and Private Firms," Finance and Economics Discussion Series 2004-27. Board of Governors of the Federal Reserve System (U.S.).
• Buch, Claudia M., John C. Driscoll, and Charlotte Ostergaard (2004). "Cross-Border Diversification in Bank Asset Portfolios," Finance and Economics Discussion Series 2004-26. Board of Governors of the Federal Reserve System (U.S.).
• Driscoll, John C. (2004). "Does Bank Lending Affect Output? Evidence from the U.S. States," Journal of Monetary Economics, vol. 51, no. 3, pp. 451-471.
• Driscoll, John C., and Steinar Holden (2004). "Fairness and Inflation Persistence," Journal of the European Economic Association, vol. 2, no. 2-3, pp. 240-251.
• Driscoll, John C. (2003). "Does Bank Lending Affect Output? Evidence from the U.S. States," Finance and Economics Discussion Series 2003-31. Board of Governors of the Federal Reserve System (U.S.).
• Driscoll, John C., and Harumi Ito (2003). "Sticky Prices, Coordination and Enforcement," Finance and Economics Discussion Series 2003-30. Board of Governors of the Federal Reserve System (U.S.).
• Driscoll, John C., and Harumi Ito (2003). "Sticky Prices, Coordination and Enforcement," Topics in Macroeconomics, Vol. 3, no. 1.
• Driscoll, John C., and Steinar Holden (2003). "Coordination, Fair Treatment and Inflation Persistence," Finance and Economics Discussion Series 2003-34. Board of Governors of the Federal Reserve System (U.S.).
• Driscoll, John C., and Steinar Holden (2003). "Inflation Persistence and Relative Contracting," Finance and Economics Discussion Series 2003-29. Board of Governors of the Federal Reserve System (U.S.).
• Holden, Steinar, and John C. Driscoll (2003). "Inflation Persistence and Relative Contracting," American Economic Review, vol. 93, no. 4, pp. 1369-1372.
• Driscoll, John C. (2002). "Credit Effects in the Monetary Mechanism: Commentary," Federal Reserve Bank of New York Economic Policy Review, vol. 8, no. 1, pp. 237-241.
• Driscoll, John C., and Steinar Holden (2002). "Coordination, Fair Treatment and Inflation Persistence," NBER Working Papers 9174. National Bureau of Economic Research, Inc.
• Holden, Steinar, and John C. Driscoll (2001). "A Note on Inflation Persistence," NBER Working Papers 8690. National Bureau of Economic Research, Inc.
• Driscoll, John (1999). "Spatial Correlations in Panel Data," Policy Research Working Paper Series 1553. The World Bank.
• Driscoll, John C., and Harumi Ito (1999). "Sticky Prices, Coordination, and Collusion," Brown University, Department of Economics, Working Papers.
• Driscoll, John C., and Harumi Ito (1999). "Sticky Prices, Coordination and Collusion," NBER Working Papers 7165. National Bureau of Economic Research, Inc.
• Driscoll, John C., and Aart C. Kraay (1998). "Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data," Review of Economics and Statistics, vol. 80, no. 4, pp. 549-560.
• Rotemberg, Julio J., John C. Driscoll, and James M. Poterba (1996). "Money, Output and Prices: Evidence from A New Monetary Aggregate," NBER Working Papers 3824. National Bureau of Economic Research, Inc.
• Driscoll, John Christopher (1995). "Essays on Money," Ph.D dissertation, Harvard University.
• Rotemberg, Julio J., John C. Driscoll, and James M. Poterba (1995). "Money, Output, and Prices: Evidence from a New Monetary Aggregate," Journal of Business and Economic Statistics, vol. 13, no. 1, pp. 67-83.

Presentations

• discussion

  January 2012

  ASSA Meetings

  Discussion of Stango and ZInman, "Borrowing High vs. Borrowing Higher"

• seminar

  November 2011

  Federal Trade Commission

  Learning in the Credit Card Market

• conference

  November 2011

  Federal Reserve Conference on Liquidity Regulation

  The Macroeconomic Impact of Adding Liquidity Regulations to Bank Capital Regulations

• discussion

  March 2011

  B.E. Journal/FRB-SF Conference on Geography and Macroeconomics

  Discussion of "Banking Conditions and the Effects of Monetary Policy"

• conference

  January 2011

  Econometric Society Meetings

  Identifying the Macroeconomic Effects of Bank Lending Supply Shocks

• conference

  January 2011

  Federal Reserve Day-Ahead Conference

  Identifying the Macroeconomic Effects of Bank Lending Supply Shocks

• conference

  September 2010

  Bundesbank/FRB-Cleveland Conference on Household Finance

  Learning in the Credti Card Market

• seminar

  February 2010

  American University

  Learning in the Credit Card Market

• conference

  November 2009

  NBER Monetary Economics Conference

  Sticky Deposit Rates

Other Activities