Photo of Colin J. Hottman

Colin J. Hottman

Education

  • Ph.D., Economics, Columbia University, 2015
  • M.A., Economics, Columbia University, 2011
  • B.A., Economics and Mathematics, Macalester College, 2009
Current Research Topics
  • Spatial and consumer heterogeneity in exposure to international shocks
  • Measurement biases in conventional price indexes
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2020 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - 2020
  • Economist

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Who's Most Exposed to International Shocks? Estimating Differences in Import Price Sensitivity across U.S. Demographic Groups
    Colin J. Hottman and Ryan Monarch
    International Finance Discussion Papers (2023)
    https://doi.org/10.17016/IFDP.2023.1380
  • A Matter of Taste: Estimating Import Price Inflation across U.S. Income Groups
    Colin J. Hottman and Ryan Monarch
    Journal of International Economics (2020)
    https://doi.org/10.1016/j.jinteco.2020.103382
  • Distributional Consequences of Trade for U.S. Consumers: Estimating Group-Specific Import Price Inflation
    Colin J. Hottman and Ryan Monarch
    IFDP Notes (2018)
    https://doi.org/10.17016/2573-2129.43
  • Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data
    Colin J. Hottman and Ryan Monarch
    International Finance Discussion Papers (2018)
    https://doi.org/10.17016/IFDP.2018.1220
  • What's Driving the Recent Slump in U.S. Imports?
    Mary Amiti, Tyler Bodine-Smith, Colin Hottman, and Logan Lewis
    IFDP Notes (2016)
    https://doi.org/10.17016/2573-2129.24
  • Quantifying the Sources of Firm Heterogeneity
    Colin J. Hottman, Stephen J. Redding, and David E. Weinstein
    Quarterly Journal of Economics (2016)
    https://doi.org/10.1093/qje/qjw012
  • What is 'Firm Heterogeneity' in Trade Models? The Role of Quality, Scope, Markups, and Cost
    Colin Hottman, Stephen J. Redding, and David E. Weinstein
    NBER Working Paper Series (2014)
    https://doi.org/10.3386/w20436
  • conference

    7/11/2023

    NBER SI ITM

    Globalization, Inflation Dynamics, and the Slope of the Phillips Curve

  • conference

    7/1/2023

    Society for Economic Measurement annual conference, Milan

    Who's Most Exposed to International Shocks?

  • discussion

    4/29/2023

    Mid-Atlantic Trade Workshop

    Discussion of "Two-Sided Market Power in Firm-to-Firm Trade" by V. Alviarez, M. Fioretti, K. Kikkawa, and M. Morlacco

  • discussion

    2/24/2023

    Japan Economic Seminar, Columbia Business School

    Discussion of "Firm Size and Complementarity between Geography and Products" by Yoko Shibuya

  • seminar

    9/27/2022

    Georgetown University Trade Lunch

    Estimating Armington elasticities using scanner data

  • conference

    6/30/2022

    Society for Economic Dynamics 2022 Meeting

    Globalization, Inflation Dynamics, and the Slope of the Phillips Curve

  • discussion

    5/1/2022

    New Faces in International Economics Conference at Penn State

    Discussion of "Who Pays for Protectionism? The Welfare and Substitution Effects of Tariffs" by Jaccard

  • seminar

    10/6/2021

    Penn State Macro Seminar

    Estimating Armington elasticities using scanner data

  • conference

    5/22/2020

    Inflation: Drivers and Dynamics Conference at Federal Reserve Bank of Cleveland

    Variety Growth and Measurement Biases in Inflation, Output, and Productivity

  • discussion

    1/3/2020

    American Economic Association Meeting

    Discussion of "Using Equity Market Reactions to Infer Exposure to Trade Liberalization" by Greenland, Ion, Lopresti, and Schott

  • discussion

    11/2/2019

    Mid-Atlantic International Trade Workshop

    Discussion of "Politicial Distortions and Infrastructure Networks in China" by Alder and Kondo

  • conference

    6/27/2019

    Society for Economic Dynamics 2019 Meeting

    Exchange Rates, Product Variety, and Substitution in U.S. Scanner Data

  • conference

    6/11/2019

    Brookings Institution Productivity Measurement Initiative Conference

    No Flying Cars but 140 New IPAs: Variety Growth and the Measurement of Productivity

  • discussion

    5/17/2019

    Federal Reserve System Applied Micro Conference

    Discussion of "What are the Price Effects of Trade?" by Jaravel and Sager

  • discussion

    4/26/2019

    Washington Area International Trade Symposium (WAITS) Conference

    Discussion of "Testing Stolper-Samuelson with a natural experiment" by Bernhofen, Brown, and Masuyuki

  • discussion

    11/30/2018

    Mid-Atlantic International Trade Workshop

    Discussion of "Robots, Tasks, and Trade" by Artuc, Bastos, and Rijkers

  • seminar

    9/6/2018

    Federal Reserve Bank of Richmond

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • conference

    7/16/2018

    NBER Research on Income and Wealth Summer Institute

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • conference

    6/2/2018

    Canadian Economics Association Meeting

    Retail Markups, Misallocation, and Store Variety across U.S. Cities

  • discussion

    4/30/2018

    New Faces in International Economics Conference at Penn State

    Discussion of "Market Power in Input Markets" by Morlacco

  • discussion

    4/20/2018

    Society of Government Economists Conference

    Discussion of "Export Spillover and Destination Choice" by Hong and Wu

  • seminar

    4/12/2018

    U.S. International Trade Commission

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • conference

    3/9/2018

    Empirical Investigations in Trade and Investment Conference (F.R.E.I.T.)

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • discussion

    3/8/2018

    Empirical Investigations in Trade and Investment Conference (F.R.E.I.T.)

    Discussion of "Globalization for Sale" by Blanga-Gubbay, Conconi, and Parenti

  • conference

    1/7/2018

    American Economic Association Meeting

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • discussion

    1/6/2018

    American Economic Association Meeting

    Discussion of "The Geographic Spread of a Large Devaluation" by Cravino and Levchenko

  • discussion

    11/3/2017

    Empirical Investigations in International Trade (F.R.E.I.T.)

    Discussion of "The Distributional Effects of Trade: Theory and Evidence from the United States" by Borusyak and Jaravel

  • seminar

    6/12/2017

    Applied Micro Seminar at Federal Reserve Bank of New York

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • conference

    6/2/2017

    Georgetown Center for Economic Research 2017 Conference

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • conference

    5/19/2017

    Rocky Mountain Empirical Trade Conference (F.R.E.I.T.)

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • discussion

    5/20/2017

    Rocky Mountain Empirical Trade Conference (F.R.E.I.T.)

    Discussion of "Globalization and State Capitalism: Assessing Vietnam's Accession to the WTO" by Baccini, Impullitti, and Malesky

  • conference

    5/19/2017

    Federal Reserve System Applied Micro Conference (presented by co-author)

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • discussion

    4/21/2017

    Washington Area International Trade Symposium (WAITS) Conference

    Discussion of "An Empirical Dynamic Model of Trade with Consumer Accumulation" by Piveteau

  • conference

    3/30/2017

    Federal Reserve System Conference on International Economics (presented by co-author)

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • seminar

    3/28/2017

    Bureau of Labor Statistics

    Estimating Unequal Gains across U.S. Consumers with Supplier Trade Data

  • discussion

    3/23/2017

    Federal Reserve System Conference on Macroeconomics

    Discussion of "Missing Growth from Creative Destruction" by Aghion, Bergeaud, Boppart, Klenow, and Li

  • discussion

    1/7/2017

    American Economic Association Meeting

    Discussion of "The US-Canada Border Effect: Evidence from Online Commerce" by Cowgill and Dorobantu

  • discussion

    11/18/2016

    International Trade Workshop at Federal Reserve Bank of Philadelphia

    Discussion of "Trade Elasticities, Heterogeneity, and Optimal Tariffs" by Soderbery

  • conference

    9/28/2016

    Federal Reserve System Conference on Regional Analysis

    Retail Markups, Misallocation, and Store Variety across U.S. Cities

  • discussion

    2/22/2016

    ESRI Conference on Measurement and Analysis of Service Sector Growth, Tokyo Japan

    Discussion of "Welfare Assessment of New Retail Formats and Entry Regulation: Evidence from Japan's Retail Industry" by Honda, Matsuura, and Mizuta

  • conference

    11/13/2015

    Urban Economics Association Meeting

    Retail Markups, Misallocation, and Store Variety across U.S. Cities

  • discussion

    11/13/2015

    Urban Economics Association Meeting

    Discussion of "The Misallocation of Land and other Factors of Production in India" by Duranton, Ghani, Grover, and Kerr

  • conference

    11/4/2015

    International Trade Conference at Federal Reserve Board

    Estimating A Flexible Elasticity Demand System with Applications to Trade Elasticities and Pass-Through

  • conference

    7/14/2015

    NBER Macroeconomics and Productivity Summer Institute (presented by co-author)

    What Is `Firm Heterogeneity' in Trade Models?

  • seminar

    2015

    UPenn Economics, UPenn Wharton, London School of Economics, UColorado-Boulder, UConn Ag Econ, UMass-Amherst Resource Econ, Johns Hopkins SAIS

    Retail Markups, Misallocation, and Store Variety across U.S. Cities

  • seminar

    2015

    Federal Reserve Board, US Census Center for Economic Studies, Federal Trade Commission, US Department of Agriculture Economic Research Service

    Retail Markups, Misallocation, and Store Variety across U.S. Cities

  • conference

    12/5/2014

    NBER International Trade and Investment Program Meeting

    What Is `Firm Heterogeneity' in Trade Models?

  • conference

    11/21/2014

    International Trade Workshop at Federal Reserve Bank of Philadelphia

    What Is `Firm Heterogeneity' in Trade Models?

Awards
  • 2009

    Macalester College

    David Meiselman Prize for Macroeconomic Theory or Policy

Conference Organization
  • 6/11/2020-6/12/2020 | Federal Reserve Board

    Dynamic Trade Workshop

    Program Committee

  • 5/9/2019 | Federal Reserve Board

    Roundtable on Trade Policy Uncertainty

    Co-Organizer

  • 11/3/2017-11/5/2017 | Federal Reserve Board and GWU

    Empirical Investigations in International Trade (F.R.E.I.T.)

    Program Committee

Referee
  • American Economic Review
  • Quarterly Journal of Economics
  • Econometrica
  • Journal of Political Economy
  • Review of Economic Studies
  • Review of Economics and Statistics
  • American Economic Review: Insights
  • American Economic Journals: Macroeconomics
  • American Economic Journals: Microeconomics
  • Journal of the European Economic Association
  • International Economic Review
  • Canadian Journal of Economics
  • Journal of International Economics
  • Scandinavian Journal of Economics
  • Oxford Bulletin of Economics and Statistics
  • Journal of Economic Theory
  • Economic Theory
  • Economic Theory Bulletin
  • Economics Letters
  • Southern Economic Journal
  • Journal of Economic Geography
  • Review of Industrial Organization
  • Journal of Macroeconomics
  • International Journal of Central Banking
Professional Affiliation
  • Member, Conference on Research in Income and Wealth (CRIW)
  • Special Sworn Status, U.S. Census Bureau
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Last Update: August 2, 2024