Curriculum Vitae

Research

Working Papers

1. Foreign Currency as a Barrier to International Trade: Evidence from Brazil (link)

2. The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis with Pierre-Olivier Gourinchas and Philippe Martin. (link)

Publications

1. What determines passthrough of policy rates to deposit rates in the euro area? . FEDS Notes . (link)

2. Financial Failures and Depositor Quality: Evidence from Building and Loan Associations in California . Journal of Economic History 83, (1), pp. 87-130. (link)

3. Unemployment Effects of Stay-at-Home Orders: Evidence from High Frequency Claims Data with Chaewon Baek, Peter McCrory, and Preston Mui. The Review of Economics and Statistics 103, (5), pp. 979–993. (link)

4. Firm Entry and Macroeconomic Dynamics: A State-Level Analysis with Francois Gourio and Michael Siemer. American Economic Review Papers and Proceedings 106, (5), pp. 214-218. (link)

5. Fiscal Consequences of Paying Interest on Reserves with Marco Bassetto. Fiscal Studies 34, (4), pp. 413-436. (link)

6. Forecasting inflation and the Great Recession with Marco Bassetto and Christine Ostrowski. Economic Perspectives 37, (Q3), pp. 79-106. (link)

Education and Previous Work

University of California, Berkeley

Doctor of Philosophy in Economics, 2015 - 2021
Fields: International Economics, Macroeconomics, and Economic History.

Federal Reserve Bank of Chicago

Senior Economic Research Associate Economist 2012-2015

Rutgers University

B.A. in Economics and Mathematics, 2008 - 2012
Honors: Summa Cum Laude

Teaching

University of California, Berkeley
Department of Economics: Graduate Student Instructor

• Introduction to Economics
  Spring 2017/Spring 2018/Spring 2019/Spring 2020 — (Professors: Christina Romer and David Romer)
• Economic Theory--Macro (Advanced Intermediate Macroeconomics Course)
  Fall 2016 — Professor: Benjamin Schoefer
  Fall 2017 — Professor: Dmitriy Sergeyev
  Fall 2018 — Professor: J. Bradford Delong
• Graduate Macroeconomics
  Fall 2019 — Professor: David Romer

Fellowships and Awards

Please do not hesitate to contact me, especially if you have comments or questions about my research. I'm looking forward to hearing from you!

• todd.e.messer@frb.gov
• Federal Reserve Board
  Washington, DC 20551