Professional Experience

• • Senior Adviser

    Board of Governors of the Federal Reserve System

  • 2012 - present

• • Professor

    Goethe University Frankfurt

  • 2008 - 2012

• • Senior Economist

    Board of Governors of the Federal Reserve System

  • 2005 - 2008

• • Economist

    Board of Governors of the Federal Reserve System

  • 2000 - 2005

• • Economist

    Federal Reserve Bank of Kansas City

  • 1997 - 2000

Publications

• Laubach, Thomas (2011). "Fiscal Policy and Interest Rates: The Role of Sovereign Default Risk," in Clarida, Richard H., Francesco Giavazzi eds., NBER International Seminar on Macroeconomics 2010. National Bureau of Economic Research, pp. 7-29.
• Edge, Rochelle M., Thomas Laubach, and John C. Williams (2010). "Welfare-Maximizing Monetary Policy Under Parameter Uncertainty," Journal of Applied Econometrics, vol. 25, no. 1, pp. 129-143.
• Laubach, Thomas (2009). "New Evidence on the Interest Rate Effects of Budget Deficits and Debt," Journal of the European Economic Association, vol. 7, no. 4, pp. 858-885.
• Laubach, Thomas, Ben S. Bernanke, Frederic S. Mishkin, and Adam S. Posen (1999). Inflation targeting - lessons from the international experience. Princeton, New Jersey: Princeton University Press.
• Edge, Rochelle M., Thomas Laubach, and John C. Williams (2007). "Learning and Shifts in Long-Run Productivity Growth," Journal of Monetary Economics, vol. 54, no. 8, pp. 2421-2438.
• Laubach, Thomas, and John C. Williams (2003). "Measuring the Natural Rate of Interest," Review of Economics and Statistics, vol. 85, no. 4, pp. 1063-1070.
• Amato, Jeffery D., and Thomas Laubach (2004). "Implications of Habit Formation for Optimal Monetary Policy," Journal of Monetary Economics, vol. 51, no. 2, pp. 305-325.
• Amato, Jeffery D., and Thomas Laubach (2003). "Estimation and Control of an Optimization-Based Model with Sticky Prices and Wages," Journal of Economic Dynamics and Control, vol. 27, no. 7, pp. 1181-1215.
• Amato, Jeffery D., and Thomas Laubach (2003). "Rule-of-Thumb Behaviour and Monetary Policy," European Economic Review, vol. 47, no. 5, pp. 791-831.
• Laubach, Thomas (2003). "Signalling Commitment with Monetary and Inflation Targets," European Economic Review, vol. 47, no. 6, pp. 985-1009.
• Laubach, Thomas (2001). "Measuring the NAIRU: Evidence from Seven Economies," Review of Economics and Statistics, vol. 83, no. 2, pp. 218-231.

Other Activities