Raphael Schoenle is the deputy director of the Center for Inflation Research and a senior research economist at the Federal Reserve Bank of Cleveland. He is also a tenured associate professor of economics in the Department of Economics and the International Business School at Brandeis University, from which he is currently on leave.
Dr. Schoenle’s research focuses on macro- and monetary economics, in particular on firms’ pricing behavior and the role of financial frictions in these processes. His research also spans behavioral economics and household finance, the economics of production networks, and international macroeconomics.
Dr. Schoenle is a recipient of the 2012 Young Economist Award from the Austrian Economic Association, and his work has been funded by several National Science Foundation grants. He has been a research associate at the Federal Reserve Banks of Cleveland, New York, Philadelphia, and St. Louis; a visiting scholar at Columbia University; a visiting researcher at Einaudi Institute for Economics and Finance and at the Institut National de la Statistique et des Études Économiques (INSEE); and a visiting scholar at Harvard University. He is a research associate at the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas, a research fellow at the Center for Economic Policy Research, and a visiting researcher at the US Bureau of Labor Statistics.
He holds an AB in economics and an AM in statistics from Harvard University and an MA and a PhD in economics from Princeton University.
“YOLO: Mortality Beliefs and Household Finance Puzzles.” 2019 (December). With Rawley Heimer and Kristian Myrseth. The Journal of Finance, 74(6).
“Inflation Dynamics during the Financial Crisis.” With Simon Gilchrist, Jae Sim, and Egon Zakrajsek. American Economic Review, 2017. 107 (March).
“Market Structure and Exchange Rate Pass-Through.” With Raphael Auer. Journal of International Economics, 2016. 98 (January).
“Multi-Product Firms and Price-Setting: Theory and Evidence from US Producer Prices.” With Saroj Bhattarai. 2014. Journal of Monetary Economics, 66 (September).