Sam Schulhofer-Wohl is an American economist who is senior vice president and senior advisor to the president at the

Federal Reserve Bank of Dallas The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico, a district sometimes referred to as the Oil Patch. The Federal Reserve Bank of Dallas is one of 12 ...

. He was previously Senior Vice President and Director of Financial Policy at the

Federal Reserve Bank of Chicago The Federal Reserve Bank of Chicago (informally the Chicago Fed) is one of twelve regional Reserve Banks that, along with the Federal Reserve Board of Governors, make up the United States' central bank. The Chicago Reserve Bank serves the Sevent ...

, Research Director of the

Federal Reserve Bank of Minneapolis Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or ...

, and an economics professor at

Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...

Life and education

Raised in

Philadelphia Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sinc ...

and

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

, Schulhofer-Wohl studied physics and economics at

Swarthmore College Swarthmore College ( , ) is a Private college, private Liberal arts colleges in the United States, liberal arts college in Swarthmore, Pennsylvania. Founded in 1864, with its first classes held in 1869, Swarthmore is one of the earliest coeduca ...

while preparing for a career as a journalist. He spent four years working as a copy editor and reporter at '' The Journal-Standard'', the ''

Birmingham Post-Herald The ''Birmingham Post-Herald'' was a daily newspaper in Birmingham, Alabama, with roots dating back to 1850, before the founding of Birmingham. The final edition was published on September 23, 2005. In its last full year, its average daily circu ...

'', and the ''

Milwaukee Journal Sentinel The ''Milwaukee Journal Sentinel'' is a daily morning broadsheet printed in Milwaukee, Wisconsin, where it is the primary newspaper. It is also the largest newspaper in the state of Wisconsin, where it is widely distributed. It is currently o ...

'', before returning to Chicago for a PhD in economics at the

University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...

Research

Schulhofer-Wohl's research focuses on applied

econometrics Econometrics is the application of Statistics, statistical methods to economic data in order to give Empirical evidence, empirical content to economic relationships.M. Hashem Pesaran (1987). "Econometrics," ''The New Palgrave: A Dictionary of ...

monetary policy Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often a ...

, and

macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

. With Miguel Garrido, he showed that the 2007 closure of ''

The Cincinnati Post ''The Cincinnati Post'' was an afternoon daily newspaper published in Cincinnati, Ohio, United States. In Northern Kentucky, it was bundled inside a local edition called ''The Kentucky Post''. The ''Post'' was a founding publication and onetime ...

'' affected voter turnout and the re-election chances for incumbents. With Greg Kaplan, he has studied the decline in migration among American workers.

Selected works

* Yang, Yang, Sam Schulhofer-Wohl, Wenjiang J. Fu, and Kenneth C. Land. "The intrinsic estimator for age-period-cohort analysis: what it is and how to use it." American Journal of Sociology 113, no. 6 (2008): 1697–1736. * Kaplan, Greg, and Sam Schulhofer‐Wohl. "Understanding the long‐run decline in interstate migration." International Economic Review 58, no. 1 (2017): 57–94. * Kaplan, Greg, and Sam Schulhofer-Wohl. "Interstate migration has fallen less than you think: Consequences of hot deck imputation in the Current Population Survey." Demography 49, no. 3 (2012): 1061–1074. * Schulhofer-Wohl, Sam, and Miguel Garrido. "Do newspapers matter? Short-run and long-run evidence from the closure of The Cincinnati Post." Journal of Media Economics 26, no. 2 (2013): 60–81. * Schulhofer-Wohl, Sam. "Heterogeneity and tests of risk sharing." Journal of Political Economy 119, no. 5 (2011): 925–958. * Hall, Robert E., and Sam Schulhofer-Wohl. "Measuring job-finding rates and matching efficiency with heterogeneous job-seekers." American Economic Journal: Macroeconomics 10, no. 1 (2018): 1-32.

References

21st-century American economists Swarthmore College alumni University of Chicago alumni Living people Macroeconomists Year of birth missing (living people) People from Philadelphia Federal Reserve economists {{US-economist-stub