Meet the Researchers
Jonathan Goldberg
[email protected]
Education
- Ph.D., Economics, Massachusetts Institute of Technology, 2011
- Financial Markets and Real Activity
- Asset Pricing, Business Cycles and Monetary Policy
Economist
Board of Governors of the Federal Reserve System
2011 - present
- Goldberg, Jonathan E., and Yoshio Nozawa (2021). "Liquidity Supply in the Corporate Bond Market," The Journal of Finance, vol. 76, no. 2, pp. 755-796.
- Chikis, Craig A., and Jonathan Goldberg (2021). "Dealer Inventory Constraints in the Corporate Bond Market during the COVID Crisis," FEDS Notes 2021-07-15. Board of Governors of the Federal Reserve System (U.S.).
- Goldberg, Jonathan (2020). "Liquidity Supply by Broker-Dealers and Real Activity," Journal of Financial Economics, vol. 136, no. 3, pp. 806-827.
- Goldberg, Jonathan, Elizabeth Klee, Edward Simpson Prescott, and Paul Wood (2020). "Monetary Policy Strategies and Tools: Financial Stability Considerations," Finance and Economics Discussion Series 2020-074. Board of Governors of the Federal Reserve System (U.S.).
- Goldberg, Jonathan (forthcoming). "Risk Shocks, Risk Management, and Investment," Macroeconomic Dynamics.
- Goldberg, Jonathan (2020). "Dealer Inventory Constraints during the COVID-19 Pandemic: Evidence from the Treasury Market and Broader Implications," FEDS Notes 2020-07-17. Board of Governors of the Federal Reserve System (U.S.).
- Goldberg, Jonathan E. (2014). "Idiosyncratic Investment Risk and Business Cycles," Finance and Economics Discussion Series 2014-05. Board of Governors of the Federal Reserve System (U.S.).
- Adrian, Tobias, Michael Fleming, Jonathan Goldberg, Morgan Lewis, Fabio M. Natalucci, and Jason J. Wu (2013). "Dealer Balance Sheet Capacity and Market Liquidity during the 2013 Selloff in Fixed Income Markets," FEDS Notes 2013-10-16. Board of Governors of the Federal Reserve System (U.S.).
- Goldberg, Jonathan E. (2013). "Credit-Crunch Dynamics with Uninsured Investment Risk," Finance and Economics Discussion Series 2013-47. Board of Governors of the Federal Reserve System (U.S.).
discussion
2021FIRS (Session organized by D. Vayanos)
Discussion: "Contagious margin calls: How COVID-19 threatened global stock market liquidity" by Sean Foley, Amy Kwan, Richard Philip & BA Odegaard
seminar
2021San Francisco Fed, Federal Reserve System Macro Conference, VMACS, New York Fed
Do Low Interest Rates Harm Innovation, Competition, and Productivity Growth?
seminar
2021Interagency Working Group for Treasury Market Surveillance (IAWG)
Dealer Inventory Constraints during the COVID-19 Pandemic
seminar
2020FSOC (Financial Stability Oversight Council) Systemic Risk Committee, Treasury Office of Debt Management
Dealer Inventory Constraints during the COVID-19 Pandemic
discussion
2019FIRS
Discussion: "Reaching for Yield and Overpricing in Bonds" by Qianwen Chen and Jaewon Choi.
conference
2018AEA Annual Meeting
Which Financial Shocks Drive the Business Cycle?
conference
2018NY Fed / Board conference "Developments in Empirical Macroeconomics," International Association for Applied Econometrics Conference, ESEM
Which Financial Shocks Drive the Business Cycle?
seminar
2017-2018Penn State, UCSD, HEC-McGill Winter Finance Conference, Baltimore Area Finance Conference, ITAM Finance Conference, CICF
Liquidity Supply and Demand in the Corporate Bond Market
conference
2017ESEM (Econometric Society European Meeting)
Risk Shocks, Liquidity and Investment
conference
2017EEA, AFA, Federal Reserve "Day Ahead" ASSA Conference
The Supply of Liquidity and Real Economic Activity
discussion
2016Notre Dame Financial Regulation Conference
Discussion: Bessembinder et al., "Capital Commitment and Illiquidity in Corporate Bonds"
conference
April 2016"Kyle Conference" at the University of Maryland
What drives liquidity? Identifying shocks to market makers' supply of liquidity and their role in economic fluctuations
conference
March 2016Financial Risks conference at the Institut Louis Bachelier
What drives liquidity? Identifying shocks to market makers' supply of liquidity and their role in economic fluctuations
conference
November 2015The Role of Liquidity in the Financial System, Federal Reserve Bank of Atlanta
What drives liquidity? Identifying shocks to market makers' supply of liquidity and their role in economic fluctuations
seminar
October 2015Georgetown University macro seminar
What drives liquidity? Identifying shocks to market makers' supply of liquidity and their role in economic fluctuations
conference
May 2015Georgetown Center for Economic Research (GCER) conference
Idiosyncratic uncertainty, managerial risk aversion and investment dynamics
seminar
October 2014Federal Reserve Bank of Kansas City
Idiosyncratic uncertainty, managerial risk aversion and investment dynamics
conference
October 2014Kauffman Foundation
Idiosyncratic uncertainty, managerial risk aversion and investment dynamics
seminar
March 2012World Bank, Macro and Growth seminar
Deleveraging Dynamics
discussion
January 2012AEA
Discussion: Nick Bloom and Scott Baker, "Does Uncertainty Cause Business Cycles? Panel Estimation from Fifty Countries"
discussion
June 2011IFN Entrepreneurship Conference, Stockholm, Sweden
Discussion: Andrew Ellul et al., "Transparency, Tax Pressure and Access to Finance"
conference
June 2011IFN Entrepreneurship Conference, Stockholm, Sweden
A Model of Deleveraging
seminar
2011MIT, Federal Reserve Board, Michigan, Berkeley-Haas (Finance), Maryland-Smith (Finance), Boston University, New York Fed, Richmond Fed, Boston College
A Model of Deleveraging
Awards
- 2011
Ewing Marion Kauffman Foundation
Kauffman Dissertation Fellowship
- 2006
National Science Foundation (NSF)
Graduate Research Fellowship
- 2003
Alumni and Friends of the LSE
LSE Scholarship
Conference Organization
Fall 2009 | NBER, Cambridge, Massachusetts
NBER Organizational Economics working group
Program committee
Referee
- Journal of Monetary Economics (JME)
- Review of Financial Studies (RFS)
- Journal of the European Economic Association
- Journal of Financial Research
- Journal of Empirical Finance