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Sam Schulhofer-Wohl

Senior Vice President and Director of Financial Policy

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Sam Schulhofer-Wohl is senior vice president and director of financial policy. He oversees the Federal Reserve Bank of Chicago’s insurance and financial markets teams and its financial stability council. He also serves as a liaison to the New York Fed’s market operations, monitoring and analysis (MOMA) group and on the Chicago Fed’s loan committee.

Schulhofer-Wohl’s research has been published in the Journal of Political Economy, Quantitative Economics, Demography, the Review of Economic Dynamics and the Journal of Labor Economics, among other journals.

Schulhofer-Wohl joined the Chicago Fed in 2016 as a senior economist and research advisor from the Federal Reserve Bank of Minneapolis, where he was senior vice president and director of research. He has been an assistant professor of economics and public affairs at Princeton University and has also taught economics at the University of Minnesota and Macalester College. He has a background in journalism and worked at daily newspapers in Illinois, Alabama, and Wisconsin.

Schulhofer-Wohl received a B.A. in physics from Swarthmore College and a Ph.D. in economics from the University of Chicago.

Chicago Fed Letter
Thomas Haasl, Sam Schulhofer-Wohl, Anna Paulson | 2018 | No. 396 Download
Thomas Haasl, Sam Schulhofer-Wohl, Anna Paulson | 2018 | No. 395 Download
Ross Cole, Luojia Hu, Sam Schulhofer-Wohl | 2017 | No. 387 Download
Policy Discussion Papers
Working Papers
Gara Afonso, Kyungmin Kim, Antoine Martin, Ed Nosal, Simon Potter, Sam Schulhofer-Wohl | 2020 | No. 2020-02 | January Download
Greg Kaplan , Sam Schulhofer-Wohl | 2017 | No. 2017-13 Download
Fatih Guvenen, Sam Schulhofer-Wohl, Jae Song, Motohiro Yogo | 2017 | No. 2017-04 Download

Journal Articles

With Robert E. Hall, 2018,  "Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Job-Seekers," American Economic Journal: Macroeconomics, Vol. 10, No. 1, January, pp. 1-32.

With Greg Kaplan, 2017, "Inflation at the Household Level," Journal of Monetary Economics, Vol. 91, November, pp. 19-38.

With Fatih Guvenen, Jae Song, and Motohiro Yogo, 2017, "Worker Betas: Five Facts About Systematic Earnings Risk," American Economic Review Papers & Proceedings, Vol. 107, No. 5, May, pp. 398–403.

With Greg Kaplan, 2017, "Understanding the Long-Run Decline in Interstate Migration," International Economic Review, Vol. 58, No. 1, February, pp. 57-94.




With Greg Kaplan, 2018, "The Changing (Dis-)Utility of Work," Becker Friedman Institute, working paper, No. 2018-43, June.

With Robert E. Hall, 2017, "The Pervasive Importance of Tightness in Labor-Market Volatility," Stanford University, working paper, April.


ChicagoFed Insights Blog
Lasalle Street
January 14, 2021
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