Macroeconomics; Labor Economics; International Finance and Trade.
Professor Epstein's recent research focuses on understanding the link between worker-side heterogeneity and the dynamic adjustment process of vacancies and unemployment in response to changes in productivity; the role of on-the-job utility in shaping the long-run behavior of work hours; the labor wedge; the implications of tax policy for open economy puzzles; the role of financial frictions in shaping closed- and open-economy macroeconomic outcomes; and the interactions of international trade, offshoring, and labor markets.
Brendan Epstein is an Assistant Professor of Economics. Previously, Professor Epstein was a Senior Economist at the Board of Governors of the Federal Reserve System in Washington, DC. During his tenure at the Federal Reserve, Professor Epstein was also an Adjunct Professor of Economics at Johns Hopkins University and at the University of Maryland.