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R. Anton Braun is an economist emeritus of the Research Department of the Federal Reserve Bank of Atlanta. Before his retirement, he was a research economist and senior adviser on the macroeconomics and monetary policy team. His major fields of study are macroeconomic risks and the effects of monetary policy.
Prior to joining the Bank in 2010, Dr. Braun was a full professor at the University of Tokyo, where he worked from 2001 to 2010. His other previous appointments include associate professor at the International University of Japan in Niigata, Japan, from 1998 to 2000; senior economist at the Federal Reserve Bank of Minneapolis from 1992 to 1997; assistant professor at the University of Virginia in Charlottesville from 1989 to 1994; and research assistant at Carnegie-Mellon University in Pittsburgh, Pennsylvania, from 1985 to 1988. Dr. Braun served as a visiting scholar at CREI Universitat Pompeu Fabra, in Barcelona, Spain, from 2008 to 2009, and at both the Centro de Estudios Monetarios y Financieros and Universidad Carlos III, in Madrid, Spain, from 1996 to 1997.
Dr. Braun has published research in a variety of peer-reviewed journals, including the Journal of Political Economy, Journal of Monetary Economics,and the Japanese Economic Review. He is a director of the Atlanta Census Research Data Center and a referee for a number of journals, including the American Economic Review, the Journal of Political Economy, and the European Economic Review, and for the National Science Foundation. He has been honored with a Ministry of Health, Welfare, Education and Sports grant (2003–10), Kikawada Foundation grant (2006–08), and Foundation for International Education grant (1999–2000).
Dr. Braun received a bachelor of science degree in economics from Indiana University at South Bend. He earned his master's degree and doctorate in economics from Carnegie-Mellon University.
2022-12
Why Aging Induces Deflation and Secular Stagnation
R. Anton Braun and Daisuke Ikeda
September 2022
Abstract | Full text
2021-20b
Monetary Policy over the Life Cycle
R. Anton Braun and Daisuke Ikeda
August 2021 (Revised August 2022)
Abstract | Full text
2017-3c
Old, Frail, and Uninsured: Accounting for Features of the
U.S. Long-term Care Insurance Market
R. Anton Braun, Karen A. Kopecky, and Tatyana Koreshkova
March 2017 (Revised August 2018)
Abstract | Full text
2016-4a
Uninsured Risk, Stagnation, and Fiscal Policy
R. Anton Braun and Tomoyuki Nakajima
(Revised) March 2016
Abstract | Full text (1 MB)
2014-18
The Implications of a Graying Japan for Government Policy
R. Anton Braun and Douglas H. Joines
December 2014
Abstract | Full text (750 KB)
2013-13
Small and Orthodox Fiscal Multipliers at the Zero Lower Bound
R. Anton Braun, Lena Mareen Körber, and Yuichiro Waki
December 2013
Abstract | Full text (703 KB)
2013-2
Old, Sick, Alone, and Poor: A Welfare Analysis of Old-Age Social Insurance Programs
R. Anton Braun, Karen A. Kopecky, and Tatyana Koreshkova
(Revised) February 2015
Abstract | Full text (491 KB)
2012-5a
Some Unpleasant Properties of Log-Linearized Solutions When the Nominal Rate Is Zero
R. Anton Braun, Lena Mareen Körber, and Yuichiro Waki
Revised September 2012
Abstract | Full text (336 KB)
2012-1
Making the Case for a Low Intertemporal Elasticity of Substitution
R. Anton Braun and Tomoyuki Nakajima
January 2012
Abstract | Full text (604 KB)
2011-13
Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis
R. Anton Braun and Tomoyuki Nakajima
November 2011
Abstract | Full text (887 KB)
2011-4
Uninsured Countercyclical Risk: An Aggregation Result and Application to Optimal Monetary Policy
R. Anton Braun and Tomoyuki Nakajima
March 2011
Abstract | Full text (421 KB)
." ECONversations. 2016 May.
Toni Braun. "Getting Personal with Inflation and the Cost of Living ." ECONversations. 2015 October.
R. Anton Braun. "Aging, Deflation, and Secular Stagnation." Policy Hub (2022-13).
Abstract | Full text
R. Anton Braun. "How Does a Household's Exposure to Monetary Policy Vary over the Life Cycle?" Policy Hub: Macroblog. August 20, 2021.
R. Anton Braun and Daisuke Ikeda "Why Cash Transfers Are Good Policy in the COVID-19 Pandemic." Policy Hub (2020-4).
Abstract | Full text
R. Anton Braun and Charles Davidson (interviewer). "'The Winners Turn Out to Be Young, Working-Age Households': A Discussion of Demographic Shifts." Economy Matters podcast. July 28, 2023.
R. Anton Braun and Karen Kopecky. "An Eye on the Future: A Discussion about the Long-term Care Insurance Market." Economy Matters podcast. June 22, 2017.
R. Anton Braun. "The Graying of the Japanese Economy." Economy Matters podcast. March 21, 2016.