Sam Schulhofer-Wohl is senior vice president and director of financial policy and outreach at the Federal Reserve Bank of Chicago. He leads research, analysis and public engagement on policies supporting financial stability and community economic development and oversees the Bank’s public affairs department. He also co-chairs the Bank’s payments and financial stability council, serves on the loan committee, and is a liaison to the New York Fed’s Open Market Trading Desk. Schulhofer-Wohl is the author of widely cited research on risk, financial markets, labor markets, inflation, and migration. In 2018 and 2019, he led staff analysis of the Federal Reserve’s monetary policy implementation framework as a visiting officer at the Federal Reserve Board. He joined the Chicago Fed in 2016 from the Federal Reserve Bank of Minneapolis, where he was senior vice president and director of research. He has taught economics at Macalester College, Princeton University, and the University of Minnesota. Schulhofer-Wohl received a B.A. in physics from Swarthmore College and a Ph.D. in economics from the University of Chicago. Before training as an economist, he worked as a journalist at daily newspapers in Illinois, Alabama, and Wisconsin.
Articles by Sam Schulhofer-Wohl
The customer settlement risk externality at US securities central counterparties
This paper highlights an externality in the clearing of customer securities trades, and it examines the potential benefits and costs of alternative clearing approaches.