Research Spotlight

In the Headlines: Jorda Research Featured in MarketWatch

Wednesday, November 27, 2019

“Opinion: This thorough study says which investments have done best since 1870”
By Howard Gold, MarketWatch, November 21.

Summarizing recent research by Òscar Jordà et al. in Quarterly Journal of Economics 34(3, August), Gold asks, “How well do the assets that people own perform over decades? The most recent effort to measure that … is titled “The Rate of Return on Everything: 1870-2015.” It tracks the total return of stocks, housing, Treasury bills and government bonds for 16 countries over that time and may be the most comprehensive data set on asset returns ever assembled.”

Based on FRB San Francisco Working Paper 2017-25

Quora Session Features Answers on Automation, Inflation, and More

Thursday, October 17, 2019

Is the global economy showing signs of growth or catastrophy? How can we mitigate the damage that automation may do to the workforce? How can economics be more accessible to the public? Why does the San Francisco Fed exist? Sylvain Leduc and Andrew Foerster answered these and other questions posed by the public during a recent Quora session.

Macroeconomics and Monetary Policy Conference: Call for Papers

Thursday, October 3, 2019

The Federal Reserve Bank of San Francisco will host its annual conference on macroeconomics and monetary policy on Friday, March 27, 2020.

We invite researchers to submit working papers by Friday, October 18. We prefer topics in the area of macroeconomics broadly defined that are relevant for monetary policy, which may involve related fields such as finance, labor economics, international economics, applied microeconomics, and public finance.

Read our Call for Papers for more information

Come Work with Us: Opening for Research Economist

Wednesday, September 18, 2019

The Research Department of the Federal Reserve Bank of San Francisco is looking to hire an experienced or new Ph.D. economist in the areas of Macroeconomics, Monetary Economics, Microeconomics, Labor Economics, International Economics, or Financial Economics. For all candidates, solid research achievement and potential are essential. All economists are expected to publish in top academic journals and be able to prepare high-level analysis for Bank policy briefings and publications. Excellent communication skills are required.

The Department provides an outstanding research environment and has a proven track record of producing highly cited work. Salary and benefits are competitive.

The application deadline is November 27, 2019. The Department plans to interview candidates at the ASSA Meetings in San Diego in January 2020. Apply now

“The Economics of Climate Change” conference set for November 8

Friday, September 6, 2019

The San Francisco Fed will host the conference “The Economics of Climate Change” (pdf, 104 kb) on November 8. Presentations will focus on new research examining the economic and financial implications of climate change.

This conference will bring together researchers from around the globe to discuss topics such as quantifying the climate risk faced by households, firms, and the financial system; measuring the economic costs and consequences of climate change; accounting for the effects of climate change on financial asset prices; and understanding the potential implications of climate change for monetary, supervisory, and trade policy.

Frank Elderson, member of the Governing Board of the Netherlands Central Bank and chair of the Network for Greening the Financial System, will deliver keynote remarks.

Conference attendance is by invitation only. Presentations will be livestreamed on the conference page.

SF Fed Visiting Scholar Nakamura Named 2019 Clark Medalist

Monday, May 20, 2019

The American Economic Association named Emi Nakamura the best young American economist for 2019. This John Bates Clark medalist contributes to the San Francisco Fed through her work as a visiting scholar in Economic Research. Photo provided by UC Berkeley. Read more