Meet the Researchers
![Photo of Andrew C. Chang](/https/www.federalreserve.gov/econres/images/andrew-c-chang.jpg)
Andrew C. Chang
Principal Economist
Microeconomic Surveys Section
Research and Statistics
Education
- Ph.D., Economics, University of California - Irvine, 2013
- B.S., Economics, University of Washington, 2006
- B.S., Electrical Engineering, University of Washington, 2006
Current Research Topics
- Data Integrity; Measurement Error; Survey Participation; Forecasting
Principal Economist
Board of Governors of the Federal Reserve System
2019 - presentSenior Economist
Board of Governors of the Federal Reserve System
2016 - 2019Economist
Board of Governors of the Federal Reserve System
2013 - 2016Design Engineer
Boeing Company
2006 - 2008
- Does it Pay to Send Multiple Pre-Paid Incentives? Evidence from a Randomized Experiment
Andrew C. Chang, Joanne W. Hsu, Eva Ma, Kate Bachtell, and Micah Sjoblom
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.023 - Changes in U.S. Family Finances from 2019 to 2022: Evidence from the Survey of Consumer Finances
Aditya Aladangady, Jesse Bricker, Andrew C. Chang, Sarena Goodman, Jacob Krimmel, Kevin B. Moore, Sarah Reber, Alice Henriques Volz, and Richard A. Windle
Survey of Consumer Finances (2023)
https://doi.org/10.17016/8799 - Greater Wealth, Greater Uncertainty: Changes in Racial Inequality in the Survey of Consumer Finances
Aditya Aladangady, Andrew C. Chang, and Jacob Krimmel
FEDS Notes (2023)
https://doi.org/10.17016/2380-7172.3405 - Raiders of the lost high-frequency forecasts: New data and evidence on the efficiency of the Fed's forecasting
Andrew C. Chang and Trace J. Levinson
Journal of Applied Econometrics (2023)
https://doi.org/10.1002/jae.2938
See also » FRB Working Paper (2020) - Is Economics Research Replicable? Sixty Published Papers From Thirteen Journals Say "Often Not"
Andrew C. Chang and Phillip Li
Critical Finance Review (2022)
https://doi.org/10.1561/104.00000053
See also » FRB Working Paper (2015) - Corrigendum to "Evaluating the Conditionality of Judgmental Forecasts"
Travis J. Berge, Andrew C. Chang, and Nitish R. Sinha
International Journal of Forecasting (2021)
https://doi.org/10.1016/j.ijforecast.2020.08.006
See also » FRB Working Paper (2019) - Politicians Avoid Tax Increases Around Elections
Andrew C. Chang, Linda R. Cohen, Amihai Glazer, and Urbashee Paul
Finance and Economics Discussion Series (2021)
https://doi.org/10.17016/FEDS.2021.004 - Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances
Neil Bhutta, Andrew C. Chang, Lisa J. Dettling, and Joanne W. Hsu
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2797 - Changes in U.S. Family Finances from 2016 to 2019: Evidence from the Survey of Consumer Finances
Neil Bhutta, Jesse Bricker, Andrew C. Chang, Lisa J. Dettling, Sarena Goodman, Joanne W. Hsu, Kevin B. Moore, Sarah Reber, Alice Henriques Volz, and Richard A. Windle
Federal Reserve Bulletin (2020)
https://doi.org/10.17016/bulletin.2020.106 - Evaluating the Conditionality of Judgmental Forecasts
Travis J. Berge, Andrew C. Chang, and Nitish R. Sinha
International Journal of Forecasting (2019)
https://doi.org/10.1016/j.ijforecast.2019.03.026
See also » FRB Working Paper (2019) - The Branch Puzzle: Why Are there Still Bank Branches?
Elliot Anenberg, Andrew C. Chang, Serafin Grundl, Kevin Moore, and Richard Windle
FEDS Notes (2018)
https://doi.org/10.17016/2380-7172.2206 - A Replication Recipe: List Your Ingredients Before You Start Cooking
Andrew C. Chang
Economics: The Open-Access, Open-Assessment E-Journal (2018)
https://doi.org/10.5018/economics-ejournal.ja.2018-39 - Where’s the Money Going? The Importance of Accounting for Rent Payments in Measuring a Household's Financial Obligations
Andrew C. Chang, Joanne W. Hsu, Sarah J. Pack, and Michael G. Palumbo
FEDS Notes (2018)
https://doi.org/10.17016/2380-7172.2213 - Nothing is Certain Except Death and Taxes: The Lack of Policy Uncertainty from Expiring "Temporary" Taxes
Andrew C. Chang
Finance and Economics Discussion Series (2018)
https://doi.org/10.17016/FEDS.2018.041 - The Fed's Asymmetric Forecast Errors
Andrew C. Chang
Finance and Economics Discussion Series (2018)
https://doi.org/10.17016/FEDS.2018.026 - Measurement Error in Macroeconomic Data and Economics Research: Data Revisions, Gross Domestic Product, and Gross Domestic Income
Andrew C. Chang and Phillip Li
Economic Inquiry (2018)
https://doi.org/10.1111/ecin.12567
See also » FRB Working Paper (2015) - Tax Policy Endogeneity: Evidence from R&D Tax Credits
Andrew C. Chang
Economics of Innovation and New Technology (2018)
https://doi.org/10.1080/10438599.2017.1415001
See also » FRB Working Paper (2014) - Comparing Cross-Country Estimates of Lorenz Curves Using a Dirichlet Distribution Across Estimators and Datasets
Andrew C. Chang, Phillip Li, and Shawn M. Martin
Journal of Applied Econometrics (2018)
https://doi.org/10.1002/jae.2595
See also » FRB Working Paper (2017) - A Preanalysis Plan to Replicate Sixty Economics Research Papers That Worked Half of the Time
Andrew C. Chang and Phillip Li
American Economic Review: Papers and Proceedings (2017)
https://doi.org/10.1257/aer.p20171034 - Banking Consolidation and Small Firm Financing for Research and Development
Andrew C. Chang
Applied Economics (2017)
https://doi.org/10.1080/00036846.2016.1192271
See also » FRB Working Paper (2016) - The Accuracy of Forecasts Prepared for the Federal Open Market Committee
Andrew C. Chang and Tyler J. Hanson
Journal of Economics & Business (2016)
https://doi.org/10.1016/j.jeconbus.2015.12.001
See also » FRB Working Paper (2015) - Inter-Industry Strategic R&D and Supplier-Demander Relationships
Andrew C. Chang
Review of Economics and Statistics (2013)
https://doi.org/10.1162/REST_a_00273
Referee
- American Economic Review
- Economic Inquiry
- Economic Journal
- Journal of Economics and Business
- Journal of Public Economics
- Journal of Urban Economics
- Oxford Bulletin of Economics and Statistics
- Research Policy
Last Update:
August 2, 2024