Biography
Viacheslav Sheremirov is an economist in the Federal Reserve Bank of Boston Research Department. His research focuses on macroeconomic issues such as pricing, the effectiveness of monetary and fiscal policy, exchange-rate dynamics, and global imbalances. He is also interested in applied time-series analysis and macroeconomic history. His research has been presented in seminars and at conferences organized by the National Bureau of Economic Research, the Econometric Society, and the Society for Economic Dynamics.
Sheremirov joined the Boston Fed in 2014, after earning his PhD in economics from the University of California, Berkeley. He holds a BA in economics from Odessa National Mechnikov University in Ukraine and an MA in economics from the Economics Education and Research Consortium at the National University "Kyiv-Mohyla Academy" in Ukraine.
Work Experience
Federal Reserve Bank of Boston
Economist, 2014−
University of California, Berkeley
Graduate student researcher and instructor, 2009−2014
Kyiv School of Economics, Ukraine
Teaching assistant, 2007−2008
GfK Ukraine
Junior researcher, 2007−2008
Education
PhD, Economics, University of California, Berkeley, 2014
MA, Economics (high honors), Economics Education and Research Consortium (EERC)
at the National University "Kyiv-Mohyla Academy," Ukraine, 2008
BA, Economics (honors), Odessa National Mechnikov University, Ukraine, 2006
Primary fields of research
Macroeconomics, international finance
Publications
Journal articles
"Price Setting in Online Markets: Does IT Click?" with Yuriy Gorodnichenko and Oleksandr Talavera. Journal of the European Economic Association. Accepted for publication.
Working papers
"Inflation Expectations and Nonlinearities in the Phillips Curve," with Alexander Doser, Ricardo Nunes, and Nikhil Rao. 2017. Federal Reserve Bank of Boston Research Department Working Papers No. 17-11.
"The Effects of Government Spending on Real Exchange Rates: Evidence from Military Spending Panel Data," with Wataru Miyamoto and Thuy Lan Nguyen. 2016. Federal Reserve Bank of Boston Research Department Working Papers No. 16-14.
"Price Dispersion and Inflation: New Facts and Theoretical Implications." 2015. Federal Reserve Bank of Boston Research Department Working Papers No. 15-10.
"Output Response to Government Spending: Evidence from New International Military Spending Data," with Sandra Spirovska. 2015. Federal Reserve Bank of Boston Research Department Working Papers No. 15-9. A revised draft available at sites.google.com/site/viacheslavsheremirov/SS-GovernmentSpendingMultipliers.pdf
Short papers
"The Responses of Internet Retail Prices to Aggregate Shocks: A High-Frequency Approach," with Yuriy Gorodnichenko and Oleksandr Talavera. 2017. Under review.
Policy papers
"Sectoral Inflation and the Phillips Curve: What Has Changed since the Great Recession?" with María José Luengo-Prado and Nikhil Rao. 2017. Federal Reserve Bank of Boston Current Policy Perspectives No. 17-5.
Presentations
"Government Spending and Real Exchange Rates": Society for Economic Dynamics (Edinburgh, U.K., 2017); Midwest macro spring meeting (Louisiana State University, 2017); FRS international economic analysis meeting (El Paso, TX, 2017); West Coast workshop in international finance (Santa Clara University, 2016). Presented by coauthor: Econometric Society European meeting (Lisbon, Portugal, 2017); International Association for Applied Econometrics (Sapporo, Japan, 2017); Keio University, Japan (2017); Econometric Society Asia meeting (Hong Kong, 2017); Bank of Canada (2017 and 2016); Vanderbilt University (2016); World Bank (2016); Econometric Society Asia meeting (Kyoto, Japan, 2016); International Monetary Fund (2016).
"Output Response to Government Spending": FRS day-ahead meeting (San Antonio, TX, 2017), Computing in Economics and Finance (Bordeaux, France, 2016), FRS macro meeting (Nashville, TN, 2016), University of California, Berkeley (GEMS, 2013).
"Price Setting in Online Markets": Federal Reserve Bank of Boston (2015); NBER Summer Institute, EFG Price Dynamics (2014); University of California, Berkeley (GEMS, 2012). Presented by coauthor: 19th annual De Nederlandsche Bank research conference (Amsterdam, Netherlands), NBER International Comparisons of Income, Prices, and Production (MIT Sloan, 2016); FRS Board of Governors (2015); University of California, Irvine (2015); University of California, Santa Cruz (2015); Royal Economic Society Annual Conference (Manchester, U.K., 2015); 1st International Conference in Applied Theory, Macro, and Empirical Finance (Thessaloniki, Greece, 2015); 14th EBES Conference (Barcelona, Spain, 2014).
"Price Dispersion and Inflation": University of North Carolina, Chapel Hill; Bank of Canada; Federal Reserve Bank of Boston; Simon Fraser University, Canada; University of Illinois, Urbana-Champaign; Federal Reserve Bank of Cleveland; Cornerstone Research (Washington, DC); College of William and Mary; Vanderbilt University; University of California, Irvine; University of Hawaii, Manoa (all 2014); University of California, Berkeley (2013).
Discussions
"The Inflation Expectations of Firms: What Do They Look Like, Are They Accurate, and Do They Matter?" by M. Bryan, B. Meyer, and N. Parker (FRS macro meeting; Los Angeles, CA, 2015)
Refereeing activity
Journal of money, credit and banking; Review of economics and statistics; Macroeconomic dynamics
Public speaking
Career in Economics and Finance (FRB Boston, 2017); Vienna University of Economics and Business field trip (FRB Boston, 2016); University of Massachusetts, Boston (2015)
Fellowships and awards
Best paper award, 14th EBES Conference, Barcelona, Spain, 2014
Graduate division summer grant, UC Berkeley, 2013
Dean's normative time fellowship, UC Berkeley, 2012–2013
Outstanding graduate student instructor award (student evaluations), UC Berkeley, 2011
Economics department fellowship, UC Berkeley, 2008–2012
International House fellowship, UC Berkeley, 2008–2009
Kytasty award (best MA thesis), EERC, Ukraine, 2008
Witte scholarship (GPA), Odessa National Mechnikov University, Ukraine, 2005