Research Interests: Consumer Behavior, Macroeconomics, Foresting, Household Surveys, Big Data, Fiscal Stimulus, Federal Reserve, Individuals' Expectations and Preferences
Founder and Independent Economist, Sahm Consulting and Stay-At-Home (SAHM) Substack, 2020 to present.
Previously:
Washington Center for Equitable Growth. 2019 to 2020
Federal Reserve Board, 2007 to 2019
Council of Economic Advisers, 2015 to 2016
Resume (PDF) Bio Sketch Affiliations Research
Substack: Stay-At-Home Macro Twitter: @Claudia_Sahm
Background:
University of Michigan, PhD in Economics, 2007
Brookings Institution, Research Assistant, 1999-2001
Fulbright Research Grant, Germany 1998-1999
Denison University, Economics, Political Science, and German 1998
All views here are my own and not necessarily shared by others in the Federal Reserve System.
Selected Analyses
Robust evidence for $1400 relief and recovery checks. Jain Family Institute. Policy Brief. 2021.
A Big Fiscal Push is Urgent, The Risk of Overheating Is Small. Institute New Economic Thinking. Article 2021.
Consumer Response to the Coronavirus Stimulus Programs. with Matthew Shapiro and Joel Slemrod. Slides. (Working paper coming soon).
Direct Stimulus Payments to Individuals, chapter in policy book, Recession Ready: Fiscal Policies to Stabilize the American Economy. Selected Press: Economist, NYT, WSJ, Reuters, NPR, "Sahm rule" recession indicator in Haver and Bloomberg and in FRED. Presentation at NYABE.
From Transactions Data to Economic Statistics: Constructing Real-time, High-frequency, Geographic Measures of Consumer Spending (with Aditya Aladangady, Shifrah Aron-Dine, Laura Feiveson, Wendy Dunn, and Paul Lengermann) forthcoming in Big Data for the 21st Century Economic Statistics. Press: Bloomberg
High-frequency Spending Responses to the Earned Income Tax Credit (with Aditya Aladangady, Shifrah Aron-Dine, David Cashin, Laura Feiveson, Wendy Dunn, Paul Lengermann, and Katherine Richard). Slides.
Women in Economics: What Does the Research Say? presentation for Women in Economics Symposium at St. Louis Fed. See also Women in Economics podast. Also presented at National Association for Business Economics annual meeting, Howard University, and Denison University.