Jonathan Rose

Historian of the Federal Reserve System, Senior Economist and Economic Advisor

Personal Website
Jonathan Rose


Jonathan Rose serves the Federal Reserve System in two roles. First, he is the historian of the Federal Reserve System, hosted by the Federal Reserve Bank of St. Louis. In that role, he bridges the past and the present for policymakers, researchers, students, educators, and the general public. Second, he is senior economist and economic advisor at the Federal Reserve Bank of Chicago. In that role, he is responsible for providing knowledge leadership, executing economic analysis of financial conditions, and conducting academic-style research relevant to the Federal Reserve’s mission.

Rose’s research focuses on the economic history of the United States, including topics in the Great Depression, the residential mortgage market, and the Federal Reserve System.

Rose earned a BA in mathematics and economics from Columbia University and a PhD in economics from University of California at Berkeley. Rose has also served at the Board of Governors of the Federal Reserve System and the United States Department of Treasury.

Bank Publications

Chicago Fed Insights

Tanya Bakshi, Jonathan Rose | 2021 | June

Chicago Fed Letter

Radhika Patel, Jonathan Rose | 2023 | No. 479 | May Download
Katherine Bennett, Daniel Hartley, Jonathan Rose | 2022 | No. 468 | July Download
Jonathan Lanning, Jonathan Rose | 2020 | No. 437 | May Download
Price Fishback, Jonathan Rose, Ken Snowden | 2020 | No. 433 | March Download

Economic Perspectives

Jonathan Rose | 2021 | No. 2 | October Download

Policy Brief

Working papers

Working Papers

Leah Brooks, Jonathan Rose, Stan Veuger | 2022 | No. 2022-29 | July Download
Price Fishback, Jonathan Rose, Ken Snowden, Thomas Storrs | 2022 | No. 2022-01 | January Download

Selected External Publications


With Price Fishback, Sebastian Fleitas, and Kenneth Snowden, 2019, Voxeu, blog, January 18; discussion of NBER working paper, No. 25246.  Collateral Damage: Foreclosures and New Mortgage Lending in the 1930s

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