Meet the Economists
Damjan Pfajfar
Principal Economist
Macroeconomic and Quantitative Studies Section
Research and Statistics
202-452-2813
damjan.pfajfar@frb.gov
damjan.pfajfar@frb.gov
Education
- Ph.D., Economics, University of Cambridge, 2008
- M.Sc., Economics, University of Warwick, 2003
- B.Sc., Economics, University of Ljubljana, 2002
Principal Economist
Board of Governors of the Federal Reserve System
2016 - presentSenior Economist
Board of Governors of the Federal Reserve System
2015 - 2016Economist
Board of Governors of the Federal Reserve System
2014 - 2015Assistant Professor
University of Tilburg
2008 - 2014
- Berge, Travis J., and Damjan Pfajfar (2019). "Duration Dependence, Monetary Policy Asymmetries, and the Business Cycle," Finance and Economics Discussion Series 2019-020. Board of Governors of the Federal Reserve System (U.S.).
- Lamla, Michael J., Damjan Pfajfar, and Lea Rendell (2019). "Inflation and Deflationary Biases in Inflation Expectations," Finance and Economics Discussion Series 2019-042. Board of Governors of the Federal Reserve System (U.S.).
- Pfajfar, Damjan, and John M. Roberts (2018). "The Role of Expectations in Changed Inflation Dynamics," Finance and Economics Discussion Series 2018-062. Board of Governors of the Federal Reserve System (U.S.).
- De Ridder, Maarten, and Damjan Pfajfar (2017). "Policy Shocks and Wage Rigidities: Empirical Evidence from Regional Effects of National Shocks," Cambridge Working Papers in Economics 1717. Faculty of Economics, University of Cambridge.
- Pfajfar, Damjan, and Blaz Žakelj (2018). "Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory," Macroeconomic Dynamics, vol. 22, no. 4, pp. 1035-1075.
- Ehrmann, Michael, Damjan Pfajfar, and Emiliano Santoro (2017). "Consumers' Attitudes and Their Inflation Expectations," International Journal of Central Banking, vol. 13, no. 1, pp. 225-259.
- Dräger, Lena, Michael J. Lamla, and Damjan Pfajfar (2016). "Are Survey Expectations Theory-Consistent? The Role of Central Bank Communication and News," European Economic Review, vol. 85, pp. 84-111.
- Pfajfar, Damjan, and Blaž Žakelj (2016). "Uncertainty in Forecasting Inflation and Monetary Policy Design: Evidence from the Laboratory," International Journal of Forecasting, vol. 32, no. 3, pp. 849-864.
- Dräger, Lena, Michael J. Lamla, and Damjan Pfajfar (2015). "Are Survey Expectations Theory-Consistent? The Role of Central Bank Communication and News," Finance and Economics Discussion Series 2015-035. Board of Governors of the Federal Reserve System (U.S.).
- Pfajfar, Damjan, and Blaž Žakelj (2015). "Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory," Finance and Economics Discussion Series 2015-045. Board of Governors of the Federal Reserve System (U.S.).
- Ehrmann, Michael , Damjan Pfajfar, and Emiliano Santoro (2015). "Consumers' Attitudes and Their Inflation Expectations," Finance and Economics Discussion Series 2015-015. Board of Governors of the Federal Reserve System (U.S.).
- Noussiar, Charles, Damjan Pfajfar, and Janos Zsiros (2015). "Pricing Decisions in an Experimental Dynamic Stochastic General Equilibrium Economy," Journal of Economic Behavior & Organization, vol. 109, pp. 188-202.
- Noussair, Charles, Damjan Pfajfar, and Janos Zsiros (2014). "Pricing Decisions in an Experimental Dynamic Stochastic General Equilibrium Economy ," Finance and Economics Discussion Series 2014-93. Board of Governors of the Federal Reserve System (U.S.).
- Gaffeo, Edoardo, Ivan Petrella, Damjan Pfajfar, and Emiliano Santoro (2014). "Loss Aversion and the Asymmetric Transmission of Monetary Policy," Journal of Monetary Economics, vol. 68, pp. 19-36.
- Pfajfar, Damjan, C. N. Noussair, and J. Zsiros (2014). "Persistence of Shocks in an Experimental Dynamic Stochastic General Equilibrium Economy," in Duffy, John ed., Research in Experimental Economics. Emerlad Group Publishing Limited.
- Agenor, Pierre-Richard, George J. Bratsiotis, and Damjan Pfajfar (2014). "Credit Frictions, Collateral, and the Cyclical Behavior of the Finance Premium," Macroeconomic Dynamics, vol. 18, no. 5, pp. 985-997.
- Pfajfar, Damjan, and Blaž Žakelj (2014). "Experimental Evidence on Inflation Expectation Formation," Journal of Economic Dynamics and Control, vol. 44, pp. 147-168.
- Beck, Thorsten, Andrea Colciago, and Damjan Pfajfar (2014). "The Role of Financial Intermediaries in Monetary Policy Transmission," Journal of Economic Dynamics and Control, vol. 43, pp. 1-11.
- Pfajfar, Damjan, and Emiliano Santoro (2014). "Credit Market Distortions, Asset Prices and Monetary Policy," Macroeconomic Dynamics, vol. 18, no. 3, pp. 631-650.
- Pfajfar, Damjan, and Emiliano Santoro (2013). "News on Inflation and the Epidemiology of Inflation Expectations," Journal of Money, Credit, and Banking, vol. 45, no. 6, pp. 1045-1067.
- Pfajfar, Damjan (2013). "Formation of Rationally Heterogeneous Expectations," Journal of Economic Dynamics and Control, vol. 37, no. 8, pp. 1434-1452.
- Pfajfar, Damjan, Giovanni Sgro, and Wolf Wagner (2012). "Are Alternative Currencies a Substitute Or a Complement to Fiat Money? Evidence from Cross-Country Data," International Journal of Community Currency Research, vol. 16, pp. 45-56.
- Pfajfar, D., and B. Žakelj (2012). "Uncertainty and Disagreement in Forecasting Inflation: Evidence from the Laboratory," Discussion Paper 2012-072. Tilburg University, Center for Economic Research.
- Pfajfar, Damjan, and Emiliano Santoro (2011). "Determinacy, Stock Market Dynamics and Monetary Policy Inertia," Economics Letters, vol. 112, no. 1, pp. 7-10.
- Noussair, C. N., D. Pfajfar, and J. Zsiros (2011). "Frictions, Persistence, and Central Bank Policy in an Experimental Dynamic Stochastic General Equilibrium Economy," Discussion Paper 2011-030. Tilburg University, Center for Economic Research.
- Pfajfar, Damjan, and Blaž Žakelj (2011). "Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory," Discussion Paper 2011-091. Tilburg University, Center for Economic Research.
- Pfajfar, Damjan, and Emiliano Santoro (2010). "Heterogeneity, Learning and Information Stickiness in Inflation Expectations," Journal of Economic Behavior and Organization, vol. 75, no. 3, pp. 426-444.
- Pfajfar, Damjan, and Emiliano Santoro (2008). "Asymmetries in Inflation Expectation Formation Across Demographic Groups," Cambridge Working Papers in Economics 0824. Faculty of Economics, University of Cambridge.
Conference Organization
November 2015 | Washington, DC
MQS MINI Conference
Organizer
June 2013 | Amsterdam, Netherlands
The Role of Financial Intermediaries in the Monetary Policy Transmission Mechanism
Organizer
Editor
- Co-editor, special issue on The Role of Financial Intermediaries in the Monetary Policy Transmission Mechanism, Journal of Economic Dynamics and Control (vol. 43, 2014)
Last update:
September 14, 2020