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Meet the Economists

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Annette Vissing-Jorgensen

Senior Adviser Program Direction Section Monetary Affairs
202 961 8993
[email protected]

Education

  • Ph.D., Economics, Massachusetts Institute of Technology, 1998
  • Senior Adviser

    Board of Governors of the Federal Reserve System

    2021 - present
  • Full Professor

    University of California Berkeley

    2012 - 2022
  • Assistant/Associate/Full Professor

    Northwestern University

    2002 - 2012
  • Assistant Professor

    University of Chicago

    1998 - 2002
  • A Stock Return Decomposition Using Observables
    Benjamin Knox and Annette Vissing-Jorgensen
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.014
  • The Treasury Market in Spring 2020 and the Response of the Federal Reserve
    Annette Vissing-Jørgensen
    Journal of Monetary Economics (2021)
    https://doi.org/10.1016/j.jmoneco.2021.10.007
  • The Economics of the Fed Put
    Anna Cieslak and Annette Vissing-Jørgensen
    Review of Financial Studies (2021)
    https://doi.org/10.1093/rfs/hhaa116
  • The Treasury Market in Spring 2020 and the Response of the Federal Reserve
    Annette Vissing-Jørgensen
    CEPR Discussion Paper Series (2021)
  • Informal Central Bank Communication
    Annette Vissing-Jørgensen
    CEPR Discussion Paper Series (2020)
  • Informal Central Bank Communication
    Annette Vissing-Jørgensen
    NBER Working Paper Series (2020)
    https://doi.org/10.3386/w28276
  • Informal Central Bank Communication
    Annette Vissing-Jørgensen
    ECB Forum on Central Banking (2020)
  • The Economics of the Fed Put
    Anna Cieslak and Annette Vissing-Jørgensen
    NBER Working Paper Series (2020)
    https://doi.org/10.3386/w26894
  • The Economics of the Fed Put
    Anna Cieslak and Annette Vissing-Jørgensen
    CEPR Discussion Paper Series (2020)
  • Stock Returns over the FOMC Cycle
    Anna Cieslak, Adair Morse, and Annette Vissing-Jørgensen
    Journal of Finance (2019)
    https://doi.org/10.1111/jofi.12818
  • Central Banking with Many Voices: The Communications Arms Race
    Annette Vissing-Jørgensen
    23rd Annual Conference of the Central Bank of Chile (2019)
  • The Impact of Pensions and Insurance on Global Yield Curves
    Robin Greenwood and Annette Vissing-Jørgensen
    Working Paper (Harvard Business School) (2018)
  • ECB Policies Involving Government Bond Purchases: Impact and Channels
    Arvind Krishnamurthy, Stefan Nagel, and Annette Vissing-Jørgensen
    Review of Finance (2018)
    https://doi.org/10.1093/rof/rfx053
  • ECB Policies Involving Government Bond Purchases: Impact and Channels
    Arvind Krishnamurthy, Stefan Nagel, and Annette Vissing-Jørgensen
    NBER Working Paper Series (2017)
    https://doi.org/10.3386/w23985
  • ECB Policies Involving Government Bond Purchases: Impacts and Channels
    Arvind Krishnamurthy, Stefan Nagel, and Annette Vissing-Jørgensen
    CEPR Discussion Paper Series (2017)
  • The impact of Treasury supply on financial sector lending and stability
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    Journal of Financial Economics (2015)
    https://doi.org/10.1016/j.jfineco.2015.08.012
  • The Impact of Treasury Supply on Financial Sector Lending and Stability
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    CEPR Discussion Paper Series (2015)
  • Informational Holdup and Performance Persistence in Venture Capital
    Yael V. Hochberg, Alexander Ljungqvist, and Annette Vissing-Jørgensen
    Review of Financial Studies (2014)
    https://doi.org/10.1093/rfs/hht046
  • Comment on: 'Effects of Unconventional Monetary Policy on Financial Institutions' by Gabriel Chodorow-Reich
    Annette Vissing-Jørgensen
    Brookings Papers on Economic Activity (2014)
  • The Ins and Outs of Large Scale Asset Purchases
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    Kansas City Federal Reserve Symposium on Global Dimensions of Unconventional Monetary Policy (2013)
  • The Aggregate Demand for Treasury Debt
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    Journal of Political Economy (2012)
  • The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    NBER Working Paper Series (2011)
    https://doi.org/10.3386/w17555
  • The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    Brookings Papers on Economic Activity (2011)
  • The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares
    Jonathan A. Parker and Annette Vissing-Jørgensen
    NBER Working Paper Series (2010)
    https://doi.org/10.3386/w16577
  • The Increase in Income Cyclicality of High-Income Households and Its Relation to the Rise in Top Income Shares
    Jonathan A. Parker and Annette Vissing-Jørgensen
    Brookings Papers on Economic Activity (2010)
  • Long-Run Stockholder Consumption Risk and Asset Returns
    Christopher J. Malloy, Tobias J. Moskowitz, and Annette Vissing-Jørgensen
    Journal of Finance (2009)
    https://doi.org/10.1111/j.1540-6261.2009.01507.x
  • A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
    Yael V. Hochberg, Paola Sapienza, and Annette Vissing-Jørgensen
    Journal of Accounting Research (2009)
    https://doi.org/10.1111/j.1475-679X.2009.00321.x
  • Who Bears Aggregate Fluctuations and How?
    Jonathan A. Parker and Annette Vissing-Jørgensen
    American Economic Review: Papers and Proceedings (2009)
    https://doi.org/10.1257/aer.99.2.399
  • Who Bears Aggregate Fluctuations and How?
    Jonathan A. Parker and Annette Vissing-Jørgensen
    NBER Working Paper Series (2009)
    https://doi.org/10.3386/w14665
  • A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
    Yael V. Hochberg, Paola Sapienza, and Annette Vissing-Jørgensen
    CEPR Discussion Paper Series (2007)
  • A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
    Yael V. Hochberg, Paola Sapienza, and Annette Vissing-Jørgensen
    NBER Working Paper Series (2007)
    https://doi.org/10.3386/w12952
  • The Demand for Treasury Debt
    Arvind Krishnamurthy and Annette Vissing-Jørgensen
    NBER Working Paper Series (2007)
    https://doi.org/10.3386/w12881
  • Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments
    Michael Greenstone, Paul Oyer, and Annette Vissing-Jørgensen
    Quarterly Journal of Economics (2006)
    https://doi.org/10.1162/qjec.2006.121.2.399
  • The Value of Knowing
    Michael Greenstone, Paul Oyer, and Annette Vissing-Jørgensen
    Regulation (2006)
  • Mandated Disclosure, Stock Returns, and the 1964 Securities Acts Amendments
    Michael Greenstone, Paul Oyer, and Annette Vissing-Jørgensen
    NBER Working Paper Series (2005)
    https://doi.org/10.3386/w11478
  • Testing Agency Theory with Entrepreneur Effort and Wealth
    Marianne P. Bitler, Tobias J. Moskowitz, and Annette Vissing-Jørgensen
    Journal of Finance (2005)
    https://doi.org/10.1111/j.1540-6261.2005.00739.x
  • Perspectives on Behavioral Finance: Does 'Irrationality' Disappear with Wealth? Evidence from Expectations and Actions
    Annette Vissing-Jørgensen
    NBER Macroeconomics Annual 2003 (2004)
  • Stock-Market Participation, Intertemporal Substitution, and Risk-Aversion
    Annette Vissing-Jørgensen and Orazio P. Attanasio
    American Economic Review: Papers and Proceedings (2003)
    https://doi.org/10.1257/000282803321947399
  • The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?
    Tobias J. Moskowitz and Annette Vissing-Jørgensen
    American Economic Review (2002)
    https://doi.org/10.1257/00028280260344452
  • Limited Asset Market Participation and the Elasticity of Intertemporal Substitution
    Annette Vissing-Jørgensen
    Journal of Political Economy (2002)
  • Limited Asset Market Participation and the Elasticity of Intertemporal Substitution
    Annette Vissing-Jørgensen
    NBER Working Paper Series (2002)
    https://doi.org/10.3386/w8896
  • Towards an Explanation of Household Portfolio Choice Heterogeneity: Nonfinancial Income and Participation Cost Structures
    Annette Vissing-Jørgensen
    NBER Working Paper Series (2002)
    https://doi.org/10.3386/w8884
  • The Returns to Entrepreneurial Investment: A Private Equity Premium Puzzle?
    Tobias J. Moskowitz and Annette Vissing-Jørgensen
    NBER Working Paper Series (2002)
    https://doi.org/10.3386/w8876
  • Stock Prices and Fundamentals: Comment
    Annette Vissing-Jørgensen
    NBER Macroeconomics Annual Book Series (2000)
  • Limited Stock Market Participation
    Annette Vissing-Jørgensen
    Dissertations (Massachusetts Institute of Technology) (1998)
Last update: October 3, 2022