Bence Bardóczy

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Welcome! I am a Senior Economist in the Macroeconomic and Quantitative Studies Section of the Board of Governors of the Federal Reserve.

My research focuses on how micro heterogeneity interacts with the macroeconomy and affects economic policy.

Together with several collaborators, I develop sequence-space Jacobian, a Python toolkit for analyzing dynamic macroeconomic models with rich microeconomic heterogeneity.

This is a personal website. The views expressed on this website are my own and do not necessarily reflect those of the Board of Governors or the Federal Reserve System.

Contact: bence.a.bardoczy [at] frb [dot] gov

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news

Jun 02, 2026 New paper: The Expected Fiscal Reaction to Monetary Policy. Draft coming soon!
Dec 12, 2025 Revised paper: HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations
Nov 12, 2025 New paper: Monopsony Power and the Transmission of Monetary Policy