Asset Pricing, Macroeconomics, Monetary Policy
David Lucca is a Vice President in the Research and Statistics Group at the Federal Reserve Bank of New York. His policy work focuses on monetary policy and macroeconomic forecasting. He leads the team responsible for the macroeconomic forecast and provides advice to the Bank's leadership on economic developments and monetary policy. David also supports other Groups in the Bank on forecasting prepayments on agency mortgage backed securities and on quantifying the effects of banking supervision. His research centers on monetary policy, financial asset pricing and banking supervision. His articles have been published in leading academic journals, such as the Review of Economic Studies
, the Journal of Political Economy
and the Quarterly Journal of Economics
, and have been widely cited in the press. David's study on equity returns around FOMC announcements has been awarded the Amundi Smith Breeden Prize for best paper in the Journal of Finance
, and his work on student loans and college tuition has been awarded the Michael J. Brennan Award for best paper in the Review of Financial Studies
. He was also an Adjunct Professor of Finance at the NYU Stern School of Business. Prior to joining the Bank, David was an economist in the Division of Monetary Affairs at the Board of Governors of the Federal Reserve System. David holds a Laurea in Economics from Bocconi University and a Ph.D. in Economics from Northwestern University.