Vaishali Garga is an economist in the Federal Reserve Bank of Boston Research Department. She joined the Boston Fed in 2019 after earning her PhD in economics from Brown University. Garga works primarily in macroeconomics, with a focus on monetary and fiscal policy over the business cycle, transitory and permanent liquidity traps, and economic growth. She is currently working on projects analyzing fiscal expansions during secular stagnation, and the impact of monetary policy shocks on consumption.

Garga has an MA in economics from Brown University and a BA from St. Stephen’s College, University of Delhi.