Biography
Jenny Tang is a vice president and economist in the Federal Reserve Bank of Boston Research Department, where she heads the Macroeconomics Monetary group. Her research interests include macroeconomics, monetary policy, and international finance. She earned her BS in economics and international business at New York University and her MA and PhD in economics at Harvard University.
Work Experience
Federal Reserve Bank of Boston
Vice President and Economist, 2022–
Senior Economist, 2019–2022
Economist, 2014–2019
Harvard University
Teaching fellow, 2010–2011
Research assistant, 2009–2011
Education
PhD, Economics, Harvard University, 2014
MA, Economics, Harvard University, 2011
BS, Economics and International Business, New York University, 2006
Public Service
Referee: American Economic Journal: Economic Policy; American Economic Journal: Macroeconomics; American Economic Review; The B.E. Journal of Macroeconomics; Econometrica; Economic Inquiry; European Economic Review; International Journal of Central Banking; Journal of Applied Econometrics; Journal of International Economics; Journal of International Money and Finance; Journal of Monetary Economics; Journal of Money, Credit & Banking; Macroeconomic Dynamics; National Science Foundation; Quarterly Journal of Economics; Review of Economic Dynamics; Review of Economic Studies, Review of Economics and Statistics; Theoretical Economics
Primary fields of research
Macroeconomics, monetary policy, and international finance
Publications
Refereed journal articles
“Inflation Levels and (In)Attention,” with Anat Bracha. Forthcoming. Review of Economic Studies.
“A Fundamental Connection: Exchange Rates and Macroeconomic Expectations,” with Vania Stavrakeva. Forthcoming. Review of Economics and Statistics.
“The Mitigating Effect of Masks on the Spread of COVID-19,” with Daniel H. Cooper, Vaishali Garga, and María José Luengo-Prado. 2023. Economics & Human Biology Vol. 48, Article No. 101195. https://doi.org/10.1016/j.ehb.2022.101195
“News-driven Uncertainty Fluctuations,” with Dongho Song. 2023. Journal of Business & Economic Statistics 41(3): 968–982. https://doi.org/10.1080/07350015.2022.2097912
“Tariff Pass-Through at the Border and at the Store: Evidence from US Trade Policy,” with Alberto Cavallo, Gita Gopinath, and Brent Neiman. 2021. American Economic Review: Insights 3(1): 19–34.
“Comment on ‘The Long-run Information Effect of Central Bank Communication’ by Stephen Hansen, Michael McMahon, and Matthew Tong.” 2019. Journal of Monetary Economics 108: 203–210. https://doi.org/10.1016/j.jmoneco.2019.09.011
Working papers and other unpublished papers
“Explaining the Great Moderation Exchange Rate Volatility Puzzle,” with Vania Stavrakeva. 2024. Federal Reserve Bank of Boston Research Department Working Papers No. 24-9. https://doi.org/10.29412/res.wp.2024.09
“Inflation Levels and (In)Attention,; with Anat Bracha. 2022. Federal Reserve Bank of Boston Research Department Working Papers No. 22-4. https://doi.org/10.29412/res.wp.2022.04
“Interest Rate Surprises: A Tale of Two Shocks.” 2022. Federal Reserve Bank of Boston Research Department Working Papers No. 22-2. https://doi.org/10.29412/res.wp.2022.02
“A Fundamental Connection: Exchange Rates and Macroeconomic Expectations,” with Vania Stavrakeva. 2020. Federal Reserve Bank of Boston Research Department Working Papers No. 20-20. https://doi.org/10.29412/res.wp.2020.20
“The Roles of Mobility and Masks in the Spread of COVID-19,” with Daniel Cooper, Vaishali Garga, and María José Luengo-Prado. 2020. Federal Reserve Bank of Boston Current Policy Perspectives. December 18, 2020.
"Inflation Thresholds and Inattention" with Anat Bracha. 2019. Federal Reserve Bank of Boston Research Department Working Papers No. 19-14.
“Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy,” Alberto Cavallo, Gita Gopinath, and Brent Neiman. 2019. Federal Reserve Bank of Boston Research Department Working Papers No. 19–12.
"The Dollar During the Global Recession: US Monetary Policy and the Exorbitant Duty." 2018. Federal Reserve Bank of Boston Research Department Working Papers No. 18–10.
“News-Driven Uncertainty Fluctuations,” with Dongho Song. 2018. Federal Reserve Bank of Boston Research Department Working Papers No. 18-3
"FOMC Communication and Interest Rate Sensitivity to News." 2017. Federal Reserve Bank of Boston Research Department Working Papers No. 17-12.
"Exchange Rates and the Yield Curve," with Vania Stavrakeva. 2016. Federal Reserve Bank of Boston Research Department Working Papers No. 16-21.
"Exchange Rates and Monetary Policy," with Vania Stavrakeva. 2015. Federal Reserve Bank of Boston Research Department Working Papers No. 15-16.
"Uncertainty and the Signaling Channel of Monetary Policy." 2015. Federal Reserve Bank of Boston Research Department Working Papers No. 15-8.
"An Exact Approximation for Dynamic Stochastic Models," with Brock Mendel. 2012.
"A Principal Components Approach to Estimating Labor Market Pressure and Its Implications for Inflation," with Michelle Barnes, Ryan Chahrour, and Giovanni Olivei. 2007. Federal Reserve Bank of Boston Research Department Public Policy Briefs No. 07-2.