Jun Nie

Jun Nie

Senior Economist
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, Missouri

Biography

Jun Nie is a Senior Economist in the Economic Research Department of the Federal Reserve Bank of Kansas City. He received his M.A. and Ph.D. from New York University, and earned both a Bachelor's Degree in Economics and one in Mathematics from Wuhan University. Mr. Nie taught Intermediate Macroeconomics and Statistics at New York University in 2007-08. His main responsibilities at the Fed are conducting various macro and policy relevant research, forecasting the U.S. and global GDP growth, and evaluating monetary policy.

Mr. Nie’s current research interests includes three areas. The first one studies how uncertainty (including both model uncertainty and state uncertainty) impact on individual optimal decisions and the macroeconomy. In the second area, heterogeneous-agent models are combined with micro data to quantitatively evaluate macro effects of labor-market policies. The third research area focuses on the Chinese economy and its implications for the global economy.

Professional Journals and Books

  • "Rational Inattention and the Dynamics of Consumption and Wealth in General Equilibrium"
    with Yulei Luo, Gaowang Wang, Eric R. Young (2017).  Journal of Economic Theory, 172, 55-87.
  • "Elastic Attention, Risk Sharing, and International Comovements"
    with Wei Li and Yulei Luo (2017).  Journal of Economic Dynamics and Control, 79, 1-20 (Lead Article).
  • "Ambiguity, Low Risk-Free Rates, and Consumption Inequality"
    with Yulei Luo and Eric R. Young, RWP 15-14. ForthcomingThe Economic Journal | Data and Code Files
  • "Slow Information Diffusion and the Inertial Behavior of Durable Consumption"
    with Yulei Luo and Eric R. Young, Journal of European Economic Association, 13(5), 805-840, 2015
  • "Model Uncertainty and Intertemporal Tax Smoothing"
    with Yulei Luo and Eric R. Young, Journal of Economic Dynamics and Control, 45, 289-314, 2014
  • "Robust Control, Informational Frictions, and International Consumption Correlations"
    with Yulei Luo and Eric R. Young, European Economic Review, 67, 1-27 (Lead Article), 2014
  • "Model Uncertainty, State Uncertainty, and State-space Models"
    with Yulei Luo and Eric R. Young, State-Space Models: Applications in Finance and Economics, Wu, Shu and Yong Zeng (eds.), 2013, Springer Press
  • "Robustness, Information-Processing Constraints, and the Current Account in Small Open Economies"
    with Yulei Luo and Eric R. Young, Journal of International Economics, 2012, 88(1), pp.104-120

Under Review for Publication

Economic Review Articles

Research Working Papers

Work in Progress

  • "Robust Production and Inventory Behavior"
    with Yulei Luo, Xiaowen Wang and Eric R. Young