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 microeconomic heterogeneity interacts with macroeconomic policy.

I co-develop sequence-space Jacobian, an open-source Python toolkit for analyzing heterogeneous-agent macro models.

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 05, 2026 Finalized working paper: Monopsony Power and the Transmission of Monetary Policy
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