Thomas Laubach to advise the Federal Reserve Board

Thomas Laubach, who has been Professor for Macroeconomics at the House of Finance since April 2008, will be starting a new job at the Federal Reserve Board in Washington DC in February 2012. He will become a Senior Advisor in the Research and Statistics Division. His responsibilities will include providing advice and support to the Board of Governors chaired by Ben S. Bernanke as well as the Federal Open Market Committee (FOMC). Current topics of interest include the FOMC’s communications strategy and the connection between interest rate policy and financial stability. Before coming to Goethe University, Laubach had already worked at the Fed for eight years, lastly as a Senior Economist. Laubach obtained his Ph.D. at Princeton University in 1997, with Ben Bernanke acting as his thesis advisor. His research focuses on monetary policy, especially under incomplete information and the related role of communication, as well as the connection between monetary and fiscal policy.