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Photo of Joshua K. Montes

Joshua K. Montes

Principal Economist Labor Markets Section Research and Statistics
[email protected]

Education

  • Ph.D., Economics, University of Michigan, 2014
  • B.S., Economics, Mathematics, and Statistics, Miami University, 2006
Current Research Topics
  • Labor Force Participation
  • Wages
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2021 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Economist

    Congressional Budget Office

    2014 - 2018
  • Wage Rigidity and Employment Outcomes: Evidence from Administrative Data
    Gabriel Ehrlich and Joshua Montes
    American Economic Journal: Macroeconomics (2024)
    https://doi.org/10.1257/mac.20200125
  • "The Great Retirement Boom": The Pandemic-Era Surge in Retirements and Implications for Future Labor Force Participation
    Joshua Montes, Christopher Smith, and Juliana Dajon
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.081
  • Choices and Implications when Measuring the Local Supply of Prescription Opioids
    AnneMarie Bryson, David Cho, Daniel Garcia, Alvaro Mezza, and and Joshua Montes
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.078
  • An evaluation of the Paycheck Protection Program using administrative payroll microdata
    David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes, William B. Peterman, David Ratner, Daniel Villar, and Ahu Yildirmaz
    Journal of Public Economics (2022)
    https://doi.org/10.1016/j.jpubeco.2022.104664
  • The $800 Billion Paycheck Protection Program: Where Did the Money Go and Why Did It Go There?
    David Autor, David Cho, Leland D. Crane, Mita Goldar, Byron Lutz, Joshua Montes, William B. Peterman, David Ratner, Daniel Villar, and Ahu Yildirmaz
    Journal of Economic Perspectives (2022)
    https://doi.org/10.1257/jep.36.2.55
  • Caregiving for children and parental labor force participation during the pandemic
    Joshua Montes, Christopher Smith, and Isabel Leigh
    FEDS Notes (2021)
    https://doi.org/10.17016/2380-7172.3013
  • The Long-Lived Cyclicality of the Labor Force Participation Rate
    Tomaz Cajner, John Coglianese, and Joshua Montes
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.047
  • Labor Market Effects of the Oxycodone-Heroin Epidemic
    David Cho, Daniel I. Garcia, Joshua Montes, and Alison Weingarden
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.025
  • CBO’s Projection of Labor Force Participation Rates
    Joshua Montes
    Working paper series (United States. Congressional Budget Office) (2018)
  • The Macroeconomics of Establishment-Level Employment Dynamics
    Joshua K. Montes
    University of Michigan (2014)
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Last Update: August 2, 2024