Senior Vice President
- Philosophy and Economics,
- University of Pittsburgh,
- University of Pennsylvania,
Bruce Fallick is a senior vice president in the Research Department at the Federal Reserve Bank of Cleveland. He leads the microeconomics group, which conducts research in various fields of microeconomics, including labor, education, public, and urban economics; oversees the regional analysis and outreach group; and provides advice on monetary policy. Dr. Fallick’s own work has focused on research related to labor and macroeconomics. His current research concentrates on job loss, unemployment, worker mobility, and wage rigidity.
Prior to joining the Cleveland Reserve Bank in 2014, Dr. Fallick served as a senior economist in the Division of Research and Statistics at the Board of Governors of the Federal Reserve System. He joined the Federal Reserve Board in 1993. Dr. Fallick also served as a visiting professor of economics at Oberlin College and as an assistant professor of economics at the University of California, Los Angeles (UCLA).
Dr. Fallick holds a BA in philosophy and economics from the University of Pittsburgh and a PhD in economics from the University of Pennsylvania.
- “Downward Nominal Wage Rigidity in the United States in Times of Economic Distress and Low Inflation.” With Daniel Villar and William Wascher. Labour Economics, 78, October 2022.
- “Excess Persistence in Employment of Disadvantaged Workers.” With Pawel Krolikowski. International Journal of Central Banking, 18(4), October 2022, pp. 165–216.
- “Why Do Earnings Fall with Job Displacement?” With William Carrington. Industrial Relations, 2017, 56(4): 688–722.
- “Labor Force Participation: Recent Developments and Future Prospects.” With Stephanie Aaronson, Tomaz Cajner, Felix Galbis-Rieg, Christopher Smith, and William Wascher. Brookings Papers on Economic Activity, 2014 (Fall).
- “Employer–to–Employer Flows in the United States: Estimates Using Linked Employer–Employee Data.” With Melissa Bjelland, Erika McEntarfer, and John Haltiwanger. Journal of Business and Economic Statistics, 2011, 29(4): 493–505.
- “The Recall and New Job Search of Laid-off Workers: A Bivariate Proportional Hazard Model with Unobserved Heterogeneity.” With Keunkwan Ryu. Review of Economics and Statistics, 2007, 89(2): 313–323.
- “Job Hopping in Silicon Valley: The Micro–Foundations of a High Technology Cluster.” With Charles Fleischman and Jim Rebitzer. Review of Economics and Statistics, 2006, 88(3): 472–481.
- “The Recent Decline in Labor Force Participation and Its Implications for Potential Labor Supply.” With Stephanie Aaronson, Andrew Figura, Jonathan Pingle, and William Wascher. Brookings Papers on Economic Activity, 1:2006.
- “Racial Minorities, Economic Scale, and the Geography of Self-Employment: Comment.” Brookings–Wharton Papers on Urban Affairs, 2001, 283–284.
- “Do Some Workers Have Minimum Wage Careers?” With Will Carrington. Monthly Labor Review, 2001, 124(5): 17–27.
- “Investment and Union Certification.” With Kevin Hassett. Journal of Labor Economics, 1999, 17(3: 570–582.
- “Part–Time Work and Industry Growth.” Monthly Labor Review, 1999, 122(3): 22–29.
- “A Review of the Recent Empirical Literature on Displaced Workers.” Industrial and Labor Relations Review, 1996, 50(1): 5–17.
- “The Hiring of New Labor by Expanding Industries.” Labour Economics, 1996, 3(1): 25–42.
- “The Minimum Wage and the Employment of Youth: Evidence from the NLSY.” With Janet Currie. Journal of Human Resources, 1996, 31(2): 404–428.
- “Unionization and Acquisitions.” With Kevin Hassett. Journal of Business, 1996, 69(1): 51–73.
- “The Endogeneity of Advance Notice and Fear of Destructive Attrition.” Review of Economics and Statistics, 1994, 76(2): 378–84.
- “The Industrial Mobility of Displaced Workers.” Journal of Labor Economics, 1993, 11(2): 302–323.
- “Job Security and Job Search in More Than One Labor Market.” Economic Inquiry, 1992, 30(4: 742–745.
- “Unemployment Insurance and the Rate of Reemployment of Displaced Workers.” Review of Economics and Statistics, 1991, 73(2): 228–235.
“The Aging of the Population and the Aggregate Labor Market.” With Charles Fleischman and Jonathan Pingle. In Labor in the New Economy, Studies in Income and Wealth, Volume 71, edited by Abraham, Spletzer, and Harper. National Bureau of Economic Research, 2010.
“Macroeconomic Policy and the Theory of Job Search.” With William Wascher. In Search Theory and Unemployment: Theory, Empiricism, and Policy, edited by Stephen A. Woodbury and Carl Davidson, Boston: Kluwer Academic Publishers, 2003.
“Has Compensation Become More Flexible?” With Sandra Cannon, Michael Lettau, and Raven Saks. In Research in Labor Economics, Volume 20, edited by S.W Polachek, 243–269, 2001.
“The Effect of Population Aging on Aggregate Labor Supply in the US.” With Jonathan Pingle. In Labor Supply in the New Century, Federal Reserve Bank of Boston Conference Series 52, 2007 (June): 31–80.
“How the Graying of the Baby Boom Affects the US Labor Market.” With Charles Fleischman and Jonathan Pingle. In The Economic Outlook for 2007: Papers Presented at the Fifty-Third Annual Conference on the Economic Outlook. Ann Arbor: University of Michigan, 2006 (November): 102–18.
“From School to Work: The Effect of Minimum Wages on the Time to First Job.” With Janet Currie. Industrial Relations Research Association Forty-second Annual Proceedings, 1989 (December): 576–84.