
How will oil prices affect the US economy?
After a period of stability, oil prices started to decline in mid-2015, and this downward trend continued into early 2016. As we noted in an earlier post, it is important to assess whethe...
Jan J. J. Groen is an Officer in the Research & Statistics Group at the Federal Reserve Bank of New York, specializing in international finance and econometric modeling. Prior to joining the New York Fed he operated in a number of senior economist roles at the Bank of England, was a Research Fellow at the Dutch Central Bank, and served as a member of the Econometric Institute at the Erasmus University Rotterdam. Dr. Groen’s research has been published in high ranking academic journals and covers topics such as empirical exchange rate modeling, international finance and macroeconomics, and forecasting and econometric modeling. He has been visiting scholar and consultant at several foreign research and policy institutions, and he was a member of the editorial board of the Journal of Money, Credit, and Banking. Dr. Groen graduated with a Ph.D. in Economics from the Tinbergen Institute at the Erasmus University Rotterdam.