Photo of Andrew C. Chang

Andrew C. Chang

Education

  • Ph.D., Economics, University of California - Irvine, 2013
  • B.S., Economics, University of Washington, 2006
  • B.S., Electrical Engineering, University of Washington, 2006
Current Research Topics
  • Data Integrity; Measurement Error; Survey Participation; Forecasting
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2019 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2016 - 2019
  • Economist

    Board of Governors of the Federal Reserve System

    2013 - 2016
  • Design Engineer

    Boeing Company

    2006 - 2008
  • Greater Wealth, Greater Uncertainty: Changes in Racial Inequality in the Survey of Consumer Finances
    Aditya Aladangady, Andrew C. Chang, and Jacob Krimmel
    Journal of Economic Inequality (Forthcoming)
    https://doi.org/10.1007/s10888-024-09639-4
  • Does it Pay to Send Multiple Pre-Paid Incentives? Evidence from a Randomized Experiment
    Andrew C. Chang, Joanne W. Hsu, Eva Ma, Kate Bachtell, and Micah Sjoblom
    Finance and Economics Discussion Series (2024)
    https://doi.org/10.17016/FEDS.2024.023
  • Changes in U.S. Family Finances from 2019 to 2022: Evidence from the Survey of Consumer Finances
    Aditya Aladangady, Jesse Bricker, Andrew C. Chang, Sarena Goodman, Jacob Krimmel, Kevin B. Moore, Sarah Reber, Alice Henriques Volz, and Richard A. Windle
    Survey of Consumer Finances (2023)
    https://doi.org/10.17016/8799
  • Greater Wealth, Greater Uncertainty: Changes in Racial Inequality in the Survey of Consumer Finances
    Aditya Aladangady, Andrew C. Chang, and Jacob Krimmel
    FEDS Notes (2023)
    https://doi.org/10.17016/2380-7172.3405
  • Raiders of the lost high-frequency forecasts: New data and evidence on the efficiency of the Fed's forecasting
    Andrew C. Chang and Trace J. Levinson
    Journal of Applied Econometrics (2023)
    https://doi.org/10.1002/jae.2938
    See also » FRB Working Paper (2020)
  • Is Economics Research Replicable? Sixty Published Papers From Thirteen Journals Say "Often Not"
    Andrew C. Chang and Phillip Li
    Critical Finance Review (2022)
    https://doi.org/10.1561/104.00000053
    See also » FRB Working Paper (2015)
  • Corrigendum to "Evaluating the Conditionality of Judgmental Forecasts"
    Travis J. Berge, Andrew C. Chang, and Nitish R. Sinha
    International Journal of Forecasting (2021)
    https://doi.org/10.1016/j.ijforecast.2020.08.006
    See also » FRB Working Paper (2019)
  • Politicians Avoid Tax Increases Around Elections
    Andrew C. Chang, Linda R. Cohen, Amihai Glazer, and Urbashee Paul
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.004
  • Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances
    Neil Bhutta, Andrew C. Chang, Lisa J. Dettling, and Joanne W. Hsu
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2797
  • Changes in U.S. Family Finances from 2016 to 2019: Evidence from the Survey of Consumer Finances
    Neil Bhutta, Jesse Bricker, Andrew C. Chang, Lisa J. Dettling, Sarena Goodman, Joanne W. Hsu, Kevin B. Moore, Sarah Reber, Alice Henriques Volz, and Richard A. Windle
    Federal Reserve Bulletin (2020)
    https://doi.org/10.17016/bulletin.2020.106
  • Evaluating the Conditionality of Judgmental Forecasts
    Travis J. Berge, Andrew C. Chang, and Nitish R. Sinha
    International Journal of Forecasting (2019)
    https://doi.org/10.1016/j.ijforecast.2019.03.026
    See also » FRB Working Paper (2019)
  • The Branch Puzzle: Why Are there Still Bank Branches?
    Elliot Anenberg, Andrew C. Chang, Serafin Grundl, Kevin Moore, and Richard Windle
    FEDS Notes (2018)
    https://doi.org/10.17016/2380-7172.2206
  • A Replication Recipe: List Your Ingredients Before You Start Cooking
    Andrew C. Chang
    Economics: The Open-Access, Open-Assessment E-Journal (2018)
    https://doi.org/10.5018/economics-ejournal.ja.2018-39
  • Where’s the Money Going? The Importance of Accounting for Rent Payments in Measuring a Household's Financial Obligations
    Andrew C. Chang, Joanne W. Hsu, Sarah J. Pack, and Michael G. Palumbo
    FEDS Notes (2018)
    https://doi.org/10.17016/2380-7172.2213
  • Nothing is Certain Except Death and Taxes: The Lack of Policy Uncertainty from Expiring "Temporary" Taxes
    Andrew C. Chang
    Finance and Economics Discussion Series (2018)
    https://doi.org/10.17016/FEDS.2018.041
  • The Fed's Asymmetric Forecast Errors
    Andrew C. Chang
    Finance and Economics Discussion Series (2018)
    https://doi.org/10.17016/FEDS.2018.026
  • Measurement Error in Macroeconomic Data and Economics Research: Data Revisions, Gross Domestic Product, and Gross Domestic Income
    Andrew C. Chang and Phillip Li
    Economic Inquiry (2018)
    https://doi.org/10.1111/ecin.12567
    See also » FRB Working Paper (2015)
  • Tax Policy Endogeneity: Evidence from R&D Tax Credits
    Andrew C. Chang
    Economics of Innovation and New Technology (2018)
    https://doi.org/10.1080/10438599.2017.1415001
    See also » FRB Working Paper (2014)
  • Comparing Cross-Country Estimates of Lorenz Curves Using a Dirichlet Distribution Across Estimators and Datasets
    Andrew C. Chang, Phillip Li, and Shawn M. Martin
    Journal of Applied Econometrics (2018)
    https://doi.org/10.1002/jae.2595
    See also » FRB Working Paper (2017)
  • A Preanalysis Plan to Replicate Sixty Economics Research Papers That Worked Half of the Time
    Andrew C. Chang and Phillip Li
    American Economic Review: Papers and Proceedings (2017)
    https://doi.org/10.1257/aer.p20171034
  • Banking Consolidation and Small Firm Financing for Research and Development
    Andrew C. Chang
    Applied Economics (2017)
    https://doi.org/10.1080/00036846.2016.1192271
    See also » FRB Working Paper (2016)
  • The Accuracy of Forecasts Prepared for the Federal Open Market Committee
    Andrew C. Chang and Tyler J. Hanson
    Journal of Economics & Business (2016)
    https://doi.org/10.1016/j.jeconbus.2015.12.001
    See also » FRB Working Paper (2015)
  • Inter-Industry Strategic R&D and Supplier-Demander Relationships
    Andrew C. Chang
    Review of Economics and Statistics (2013)
    https://doi.org/10.1162/REST_a_00273
Referee
  • American Economic Review
  • Economic Inquiry
  • Economic Journal
  • Journal of Economics and Business
  • Journal of Public Economics
  • Journal of Urban Economics
  • Oxford Bulletin of Economics and Statistics
  • Research Policy
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Last Update: December 2, 2024