Sahm Consulting

Academic research & policy papers

Journal or Book Publications

  1. “From Transactions Data to Economic Statistics: Constructing Real-time, High-frequency, Geographic Measures of Consumer Spending.” With Aditya Aladangady Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann. Working Paper. CRIW Conference: Big Data for 21st Century Economic Statistics. March 2019. Slides.
  2. “Direct Stimulus Payments to Individuals” (2019). In Recession Ready: Fiscal Policies to Stabilize the American Economy, edited by Heather Boushey, Ryan Nunn, and Jay Shambaugh. Washington, DC: The Hamilton Project and the Washington Center on Equitable Growth.
  3. “Check in the Mail Or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on how it is Delivered?” (2012) with Matthew D. Shapiro and Joel Slemrod. American Economic Journal: Economic Policy, vol. 4, no. 3, pp. 216-250.
  4. “How Much Does Risk Tolerance Change?” (2012). Quarterly Journal of Finance, vol 2. no. 4. (Previous title: Stability of Risk Preferences)
  5. “Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications,” (2010) with Matthew D. Shapiro and Joel Slemrod. in Brown, Jeffrey R. ed., Tax Policy and the Economy, Vol. 24. National Bureau of Economic Research, pp. 69-110.
  6. “Imputing Risk Tolerance from Survey Responses” (2009) with Miles S. Kimball and Matthew D. Shapiro. Journal of the American Statistical Association, vol 103, pp 1028-1038.
  7. “Risk Preferences in the PSID: Individual Imputations and Family Covariation,” (2009) with Miles S. Kimball and Matthew D. Shapiro. American Economic Review Papers and Proceedings, vol. 99, no. 2, pp. 363-368.
  8. Bosworth, Barry, Gary Burtless, and Claudia Sahm (2004). “Distributional Impact of Social Security Reform,” in Onofri, Paolo ed., The Economics of an Ageing Population: Macroeconomic Issues. Cheltenham, U.K. and Northampton, Mass: Elgar, pp. 193-226.

Working Papers and FEDS Notes

  1. “High-frequency Spending Responses to the Earned Income Tax Credit,” Aditya Aladangady, Shifrah Aron-Dine, David Cashin, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Katherine Richard (2018). Working Paper. March 21, 2019.  FEDS Note (June 21, 2018).
  2. “Shedding Light on Our Economic and Financial Lives,” with Jeff Larrimore, Alex Durante, Kimberly Kreiss, Ellen Merry, and Christina Park (2018). FEDS Notes. Board of Governors of the Federal Reserve System (U.S.), May 22, 2018.
  3. “Another Look at Residual Seasonality in GDP,” with Paul Lengermann, Norman Morin, Andrew Paciorek, and Eugenio Pinto (2017). FEDS Notes. Board of Governors of the Federal Reserve System (U.S.), July 28, 2017
  4. “The Effect of Sales-Tax Holidays on Consumer Spending,” with Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann (2017). FEDS Notes. Board of Governors of the Federal Reserve System (U.S.), March 24, 2017.
  5. “The Effect of Hurricane Matthew on Consumer Spending,” with Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann (2016). FEDS Notes. Board of Governors of the Federal Reserve System (U.S.), December 2, 2016.
  6. “‘Limited Attention’ and Inflation Expectations of Households,” with Jason Sockin. FEDS Notes. Board of Governors of the Federal Reserve System (U.S.). October 19, 2016
  7. “Balance-Sheet Households and Stimulus: Lessons from the Payroll Tax Cut and Its Expiration” with Matthew D. Shapiro and Joel Slemrod” draft August 2016
  8. “House Prices Can’t Fall: Do Beliefs Affect Consumer Spending and Borrowing Cycles” (2015) with Jesse Bricker and Jake Krimmel presentation slides
  9. “Residual Seasonality in GDP,” with Gilbert, Charles, Norman Morin, Andrew D. Paciorek. FEDS Notes. Board of Governors of the Federal Reserve  System (U.S.). May 14, 2015.
  10. “Do Lower Gasoline Prices Boost Confidence?” with Aladangady, Aditya. FEDS Notes. Board of Governors of the Federal Reserve System (U.S.). March 6, 2015.
  11. “Forecasts of Economic Activity in the Great Recession,” FEDS Notes.  Board of Governors of the Federal Reserve System (U.S.). May 1, 2015.
  12. “Deleveraging: Is it over and what was it?” FEDS Notes. Board of Governors of the Federal Reserve System (U.S.). June 24, 2014.
  13. “Why Have Americans’ Income Expectations Declined So Sharply?” FEDS Notes,  September 26, 2013.
  14. “Measuring the Intertemporal Elasticity of Substitution with Internet Surveys” with Miles S. Kimball and Matthew D. Shapiro
Sahm Consulting