
Nicolas Petrosky-Nadeau
Vice President
Macroeconomic Research
Macroeconomics, Labor, Business cycles
CV (pdf, 86.31 kb)
Profiles: Google Scholar | Personal website
Working Papers
Estimating Natural Rates of Unemployment: A Primer
2023-25 | with Bok, Crump, and Nekarda | August 2023
abstract (+)From Deviations to Shortfalls: The Effects of the FOMC’s New Employment Objective
2021-18 | with Bundick | July 2021
abstract (+)UI Generosity and Job Acceptance: Effects of the 2020 CARES Act
2021-13 | with Valletta | May 2023
abstract (+)Parents in a Pandemic Labor Market
2021-04 | with Lofton and Seitelman | February 2021
abstract (+)Reservation Benefits: Assessing Job Acceptance Impacts of Increased UI Payments
2020-28 | August 2020
abstract (+)Unemployment Paths in a Pandemic Economy
2020-18 | with Valletta | September 2020
abstract (+)When Hosios Meets Phillips: Connecting Efficiency and Stability to Demand Shocks
2018-13 | with Wasmer and Weil | February 2021
abstract (+)Published Articles (Refereed Journals and Volumes)
Unemployment Crises
Journal of Monetary Economics 117, January 2021, 335-353 | with Zhang
abstract (+)Replicating and Projecting the Path of COVID-19 with a Model-Implied Reproduction Number
Infectious Disease Modelling 5, 2020, 635-651 | with Buckman, Glick, Lansing, and Seitelman
abstract (+)Endogenous Disasters
American Economc Review 108(8), August 2018, 2212-2245 | with Zhang and Kuehn
abstract (+)Disentangling Goods, Labor, and Credit Market Frictions in Three European Economies
Labour Economics 50, March 2018, 180-196 | with Brzustowski and Wasmer
abstract (+)Solving the Diamond-Mortensen-Pissarides Model Accurately
Quantitative Economics 8(2), July 2017, 611-650 | with Zhang
abstract (+)Financial Frictions, the Housing Market, and Unemployment
Journal of Economic Theory 164, July 2016, 101-135 | with Branch and Rocheteau
abstract (+)Shopping Time
Economics Letters 143, June 2016, 52-60 | with Wasmer and Zeng
abstract (+)Macroeconomic Dynamics in a Model of Goods, Labor and Credit Market Frictions
Journal of Monetary Economics 72, May 2015, 97-113 | with Wasmer
abstract (+)Credit, Vacancies and Unemployment Fluctuations
Review of Economic Dynamics 17(2), April 2014, lead article
abstract (+)TFP During a Credit Crunch
Journal of Economic Theory 148(3), May 2013, 1150-1178
abstract (+)The Cyclical Volatility of Labor Markets under Frictional Financial Market
American Economic Journal: Macroeconomics 5(1), January 2013, 193-221 | with Wasmer
abstract (+)FRBSF Publications
Reducing Inflation along a Nonlinear Phillips Curve
Economic Letter 2023-17 | July 10, 2023 | with Crust and Lansing
Finding a Soft Landing along the Beveridge Curve
Economic Letter 2022-24 | August 29, 2022 | with Bok, Valletta, and Yilma
Estimating Natural Rates of Unemployment
Economic Letter 2022-14 | May 31, 2022 | with Bok
Unemployment Insurance Withdrawal
Economic Letter 2022-09 | April 11, 2022 | with Albert, Lofton, and Valletta
Mothers in a Pandemic Labor Market
SF Fed Blog | 2021 | with Lofton and Seitelman
Parental Participation in a Pandemic Labor Market
Economic Letter 2021-10 | April 5, 2021 | with Lofton and Seitelman
Contrasting U.S. and European Job Markets during COVID-19
Economic Letter 2021-05 | February 22, 2021 | with Eyméoud, Santaeulàlia-Llopis, and Wasmer
Did the $600 Unemployment Supplement Discourage Work?
Economic Letter 2020-28 | September 21, 2020 | with Valletta
Did Increased Unemployment Payments Cause People to Reject Job Offers?
SF Fed Blog | 2020
An Unemployment Crisis after the Onset of COVID-19
Economic Letter 2020-12 | May 18, 2020 | with Valletta
Unemployment: Lower for Longer?
Economic Letter 2019-21 | August 19, 2019 | with Valletta
Why Aren’t U.S. Workers Working?
Economic Letter 2018-24 | November 13, 2018 | with Daly, Pedtke, and Schweinert
Job-to-Job Transitions in an Evolving Labor Market
Economic Letter 2016-34 | November 14, 2016 | with Bosler
Changes in Labor Participation and Household Income
Economic Letter 2016-02 | February 1, 2016 | with Hall