Philippe Andrade is a senior economist and policy advisor in the Federal Reserve Bank of Boston Research Department. His research interests include macroeconomics and monetary economics. His research focuses on the formation of expectations, in particular inflation expectations, and their contribution to the transmission of monetary policy and to macroeconomic fluctuations. Andrade also has explored central banks’ reaction to the Great Recession, analyzing the impact of their unconventional policies—with a particular emphasis on communication and forward guidance—and discussing potential adjustments of their strategy to the post-crisis environment. He also has written papers on the impact of global shocks on international price dynamics.
Andrade joined the Boston Fed in 2019 after serving as the head of the Monetary Policy Division at the Banque de France. Previously, he held senior economist positions at the European Central Bank and at Banque de France. He was a professor at the University of Caen and an assistant professor at the University of Cergy, and he taught at Ecole Polytechnique, HEC Lausanne, and Sciences Po. He also has been a visiting scholar at the New York Fed and the European University Institute.
Andrade earned PhD and master’s degrees in economics from Université Paris Nanterre.
Federal Reserve Bank of Boston
Senior Economist and Policy Advisor, 2020–
Senior Economist, 2019–2020
Banque de France
Monetary Policy Division Head, 2016–2018
Monetary Policy Division Deputy Head, 2015
European Central Bank
Financial Research Division Senior Economist, 2015
Federal Reserve Bank of New York
Research Department Macroeconomic Group Visiting Researcher, 2012
Banque de France
Monetary Policy Division Senior Economist, 2008–2014
Université de Caen
European University Institute
Visiting Scholar, 2002
Université de Cergy-Pontoise
Assistant Professor, 2001–2006
Agrégation de l’Enseignement Supérieur en Sciences Economiques, 2006
PhD, Economics, Université Paris Nanterre, 2000
Master, Economics, Université Paris Nanterre, 1995
Referee: American Economic Review; American Economic Journal: Macroeconomics; Annals of Economics & Statistics; Canadian Journal of Economics; Economica; Economic Journal; Econometric Theory; International Journal of Central Banking; International Journal of Forecasting; Journal of Applied Econometrics; Journal of Business and Economic Statistics; Journal of Econometrics; Journal of the European Economic Association; Journal of Monetary Economics; Journal of Money, Credit and Banking; Review of Economic Studies.
Scientific committee member for the Empirical Monetary Economics workshop (OFCE-Sciences Po) since 2013