Michael Jenuwine

I am an economist in the Trade and Quantitative Studies Section at the Federal Reserve Board.

I received my Ph.D. from Princeton in 2026. My research interests include international macroeconomics, monetary economics, and international trade.

This is my personal website. The views and opinions expressed here are my own and do not necessarily represent those of the Federal Reserve System.

Research

Working Papers

Revisiting the Cost of Inflation: Identification Using Vintage Moments (JMP).
Submitted.
[Full Text]
Why Invoicing Currency Heterogeneity Matters: A Sufficient Statistics Approach with Nicolas Hommel.
Reject and Resubmit at the Journal of International Economics.
[Full Text] [SSRN]

Work in Progress

The Segmentation of International Currency Markets with Victor Degorce.
Technology Adoption with Uncertain Factor Use.
[Draft available on request]
What Futures Curves Know about Trade Policy.