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Photo of Michael M. Batty

Michael M. Batty

Group Manager Flow of Funds Section Research and Statistics
[email protected]

Education

  • Ph.D., Economics, University of Wisconsin, 2015
  • S.B., Management, Massachusetts Institute of Technology, 2005
Current Research Topics
  • Health Economics, Financial Education, Retirement
  • Group Manager

    Board of Governors of the Federal Reserve System

    2022 - present
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2021 - 2022
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Economist

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Senior Consultant (Life Actuarial)

    Deloitte Consulting

    2005 - 2010
  • The Distributional Financial Accounts of the United States
    Michael Batty, Jesse Bricker, Joseph Briggs, Sarah Friedman, Danielle Nemschoff, Eric Nielsen, Kamila Sommer, and Alice Henriques Volz
    National Bureau of Economic Research Studies in Income and Wealth (Forthcoming)
  • Wealth Inequality and COVID-19: Evidence from the Distributional Financial Accounts
    Michael Batty, Ella Deeken, and Alice Henriques Volz
    FEDS Notes (2021)
    https://doi.org/10.17016/2380-7172.2980
  • Updating the Distributional Financial Accounts
    Michael Batty, Jesse Bricker, Ella Deeken, Sarah Friedman, Eric Nielsen, Kamila Sommer, Sarah Reber, and Alice Volz
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2810
  • The Stability of Safe Asset Production
    Sara Almadani, Michael Batty, Danielle Nemschoff, and Wayne Passmore
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2787
  • Experiential Financial Education: A Field Study of My Classroom Economy in Elementary Schools
    Michael Batty, J. Michael Collins, Collin O’Rourke, and Elizabeth Odders-White
    Economics of Education Review (2020)
    https://doi.org/10.1016/j.econedurev.2020.102014
  • The Distributional Financial Accounts
    Michael Batty, Joseph Briggs, Karen Pence, Paul Smith, and Alice Volz
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2436
  • Introducing the Distributional Financial Accounts of the United States
    Michael Batty, Jesse Bricker, Joseph Briggs, Elizabeth Holmquist, Susan McIntosh, Kevin Moore, Eric Nielsen, Sarah Reber, Molly Shatto, Kamila Sommer, Tom Sweeney, and Alice Henriques Volz
    Finance and Economics Discussion Series (2019)
    https://doi.org/10.17016/FEDS.2019.017
  • Accounting for Reinsurance Transactions in the Financial Accounts of the United States
    Mike Batty
    FEDS Notes (2018)
    https://doi.org/10.17016/2380-7172.2271
  • Unlike Medical Spending, Medical Bills In Collections Decrease With Patients' Age
    Michael Batty, Christa Gibbs, and Benedic Ippolito
    Health Affairs (2018)
    https://doi.org/10.1377/hlthaff.2018.0349
  • Household Debt-to-Income Ratios in the Enhanced Financial Accounts
    Michael Ahn, Michael Batty, and Ralf Meisenzahl
    FEDS Notes (2018)
    https://doi.org/10.17016/2380-7172.2138
  • Financial Incentives, Hospital Care, and Health Outcomes: Evidence from Fair Pricing Laws
    Michael Batty and Benedic Ippolito
    American Economic Journal: Economic Policy (2017)
    https://doi.org/10.1257/pol.20160060
    See also » FRB Working Paper (2015)
  • Mystery of the Chargemaster: Examining the Role of Hospital List Prices In What Patients Actually Pay
    Michael Batty and Benedic Ippolito
    Health Affairs (2017)
    https://doi.org/10.1377/hlthaff.2016.0986
  • Experimental Evidence on the Effects of Financial Education on Elementary School Students' Knowledge, Behavior, and Attitudes
    Michael Batty, J. Michael Collins, and Elizabeth Odders-White
    Journal of Consumer Affairs (2015)
    https://doi.org/10.1111/joca.12058
Professional Affiliation
  • Fellow of the Society of Actuaries
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Last Update: August 2, 2024