Bence Bardóczy

Bence Bardóczy

Economist

Federal Reserve Board

Welcome!

I am an Economist at the Federal Reserve Board of Governors, where I serve in the Macroeconomic and Quantitative Studies section within the Division of Research and Statistics. My research focuses on how micro heterogeneity interacts with the macroeconomy and affects economic policy.

I am part of the development team for Sequence-Space Jacobian. A Python toolkit for analyzing dynamic macroeconomic models with (or without) rich microeconomic heterogeneity.

This is a personal website. The views expressed on this website are my own and do not necessarily reflect those of the Board of Governors or the Federal Reserve System.

Interests

  • Macroeconomics
  • Monetary Policy
  • Labor Economics
  • Computational Methods

Education

  • PhD in Economics, 2021

    Northwestern University

  • MSc in Economics, 2015

    Institute for Advanced Studies, Vienna

  • BSc in Economic Analysis, 2012

    Corvinus University of Budapest

Research

(2021). Using the Sequence-Space Jacobian to Solve and Estimate Heterogeneous-Agent Models. Econometrica 89(5), pp. 2375–2408.

PDF Code

(2021). MPCs, MPEs, and Multipliers: A Trilemma for New Keynesian Models. Forthcoming at the Review of Economics and Statistics.

PDF

Discussions

Conference Discussions

Munseob Lee, Claudia Macaluso, Felipe Schwartzman: Minority Unemployment, Inflation, and Monetary Policy
Paper, Discussion at the Federal Reserve System Macro Meeting, November 2021

Beatriz González, Galo Nuño, Dominik Thaler, Silvia Albrizio: Firm Heterogeneity, Capital Misallocation, and Optimal Monetary Policy
Paper, Discussion at the International Research Forum on Monetary Policy, May 2022

Contact