photo of Patrick Higgins

Patrick Higgins

Associate Policy Adviser and Economist
email :: 404-498-7906

To interview economists, press should contact Public Affairs at 404-498-8748.

  • Biography

    Patrick Higgins is an associate policy adviser and economist on the macroeconomics and monetary policy team in the research department of the Federal Reserve Bank of Atlanta. He helps develop forecasting models and contributes to the Atlanta Fed's weekly Deflation Probabilities report. Higgins also helped develop the Atlanta Fed's GDPNow "nowcasting" forecast to help monitor the state of the economy in real time. His research interests include macroeconomics, econometrics, and forecasting. He was promoted to senior economist in 2013. He also contributes to the Atlanta Fed's macroblog, which provides commentary on economic topics, including monetary policy, macroeconomic developments, and the Southeast economy.

    Prior to joining the Atlanta Fed as an economist in 2007, Higgins spent seven years at the Federal Reserve Bank of Cleveland. There, he served as a research assistant and economic analyst.

    Higgins's work has appeared in the International Journal of Finance & Economics, as well as the Cleveland Fed's Economic Commentary. He is a member of the National Association for Business Economics.

    A native of Columbus, Ohio, Higgins earned a bachelor's degree in economics and mathematics from Oberlin College.

  • Working Papers

    Atlanta Fed Working Papers

    2016-9
    China Pro-Growth Monetary Policy and Its Asymmetric Transmission
    Kaiji Chen, Patrick Higgins, Daniel F. Waggoner, and Tao Zha
    September 2016
    Abstract | Full text Adobe PDF file format (518 KB)

    2016-7
    Forecasting China's Economic Growth and Inflation
    Patrick Higgins, Tao Zha, and Karen Zhong
    July 2016
    Abstract | Full text Adobe PDF file format (407 KB)

    2014-7
    GDPNow: A Model for GDP "Nowcasting"
    Patrick Higgins
    July 2014
    Abstract | Full text Adobe PDF file format (739 KB)

  • Other Fed Work

    Articles

    Patrick Higgins. "GDP Growth, the Unemployment Rate, and Okun's Law Adobe PDF file format." Federal Reserve Bank of Atlanta EconSouth (2011 Q2).

    John B. Carlson, Ben Craig, Patrick Higgins, and William R. Melick. "FOMC Communications and the Predictability of Near-Term Policy Decisions." Federal Reserve Bank of Cleveland Economic Commentary, June 6, 2006. Off-site link
    Abstract | Full text Adobe PDF file format (159 KB)

    Patrick Higgins and Owen F. Humpage. "Nondeliverable Forwards: Can We Tell Where the Renminbi Is Headed?" Federal Reserve Bank of Cleveland Economic Commentary, September 1, 2005. Off-site link
    Abstract | Full text Adobe PDF file format (144 KB)

    Patrick Higgins and Owen F. Humpage. "The Chinese Renminbi: What's Real, What's Not" Federal Reserve Bank of Cleveland Economic Commentary, August 15, 2005. Off-site link
    Abstract | Full text Adobe PDF file format (138 KB)

    Joseph G. Haubrich, Patrick Higgins, and Janet Miller. "Oil Prices: Backward to the Future?" Federal Reserve Bank of Cleveland Economic Commentary, December 1, 2004. Off-site link
    Abstract | Full text Adobe PDF file format (168 KB)

    Patrick C. Higgins and Owen F. Humpage. "Walking on a Fence: Brazil's Public-Sector Debt." Federal Reserve Bank of Cleveland Economic Commentary, February 1, 2004. Off-site link
    Abstract | Full text Adobe PDF file format (285 KB)

    Blog Posts

    Patrick Higgins. "Net Exports Continue to Bedevil GDPNow." macroblog. February 7, 2017.

    Patrick Higgins. "Using Judgment in Forecasting: Does It Matter?." macroblog. December 5, 2016.

    Patrick Higgins. "The Price Isn't Right: On GDPNow's Third Quarter Miss." macroblog. November 7, 2016.

    Patrick Higgins. "Introducing the Atlanta Fed's Taylor Rule Utility." macroblog. September 8, 2016.

    Dave Altig and Patrick Higgins. "How Good Is The Employment Trend? Decide for Yourself." macroblog. July 15, 2016.

    Patrick Higgins. "When It Rains, It Pours." macroblog. July 6, 2016.

    Patrick Higgins. "Can Two Wrongs Make a Right?." macroblog. May 23, 2016.

    Patrick Higgins. "GDPNow and Then." macroblog. May 16, 2016.

    Patrick Higgins. "Introducing the Refined Labor Market Spider Chart." macroblog. February 5, 2016.

    Patrick Higgins. "5-Year Deflation Probability Moves Off Zero." macroblog. September 4, 2015.

    Patrick Higgins. "Is Measurement Error a Likely Explanation for the Lack of Productivity Growth in 2014?." macroblog. April 6, 2015.

    Podcast Episodes podcast

    Patrick Higgins and Tao Zha. "​Examining China's Economy: A Conversation with Atlanta Fed Researchers." Economy Matters podcast. September 22, 2016.

    Patrick Higgins. "Going Inside GDPNow." Economy Matters podcast. January 14, 2016.