Photo of Daniel Villar

Daniel Villar

Education

  • Ph.D., Economics, Columbia University, 2016
  • B.A., Economics and Mathematics, Columbia University, 2010
Current Research Topics
  • Sticky Prices
  • Monetary Policy
  • Economist

    Board of Governors of the Federal Reserve System

    2016 - present
  • Downward nominal wage rigidity in the United States in times of economic distress and low inflation
    Bruce Fallick, Daniel Villar, and William Wascher
    Labour Economics (2022)
    https://doi.org/10.1016/j.labeco.2022.102246
  • 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
  • The Price Adjustment Hazard Function: Evidence from High Inflation Periods
    Shaowen Luo and Daniel Villar
    Journal of Economic Dynamics & Control (2021)
    https://doi.org/10.1016/j.jedc.2021.104135
  • The Skewness of the Price Change Distribution: A New Touchstone for Sticky Price Models
    Shaowen Luo and Daniel Villar
    Journal of Money, Credit and Banking (2021)
    https://doi.org/10.1111/jmcb.12700
    See also » FRB Working Paper (2017)
  • Downward Nominal Wage Rigidity in the United States During and After the Great Recession
    Bruce Fallick, Daniel Villar, and William L. Wascher
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2016.001r1
  • The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation
    Emi Nakamura, Jón Steinsson, Patrick Sun, and Daniel Villar
    Quarterly Journal of Economics (2018)
    https://doi.org/10.1093/qje/qjy017
  • The Skewness of the Price Change Distribution: A New Touchstone for Sticky Price Models
    Shaowen Luo and Daniel Villar
    Finance and Economics Discussion Series (2017)
    https://doi.org/10.17016/FEDS.2017.028
  • The Elusive Costs of Inflation: Price Dispersion During the U.S. Great Inflation
    Emi Nakamura, Jón Steinsson, Patrick Sun, and Daniel Villar
    NBER Working Paper Series (2016)
    https://doi.org/10.3386/w22505
  • Essays on Sticky Prices and High Inflation Environments
    Daniel Villar
    Dissertations (Columbia University) (2016)
    https://doi.org/10.7916/D8FF3SDK
Last update: October 17, 2022