Bio
Sacha Gelfer graduated from the University of Oregon with a PhD in Economics. He is now an Associate Professor in the Department of Economics at Bentley University. He is trained in Macroeconomics, Bayesian Econometrics and Forecasting. Sacha is currently a Panel member of the Federal Reserve Bank of Philadelphia’s Survey of Professional Forecasters (SPF).
Professional Links
Professional Memberships
Panel member of Federal Reserve Bank of Philadelphia’s Survey of Professional Forecasters 2017 - PresentAwards and Honors
2022, Innovation in Teaching Award, Bentley University2018, Innovation in Teaching Award, Bentley UniversityPublications
Journal Articles
Gelfer, S. D. (2024). Examining Business Cycles and Optimal Monetary Policy in a Regional DSGE Model. Economic Modeling , (136) 106750Gelfer, S. D., Gibbs, C. G. (2023). Measuring the Effects of Large-Scale Asset Purchases: The Role of International Financial Markets and the Financial Accelerator. Journal of International Money and Finance, (121) 102791Gelfer, S. D., Livingston, J. A., Roy, S. (2022). The Effect of Teaching Economics with Classroom Experimens: Estimates from a Within-Subject Experiment . AEA Papers and Proceedings , (112) 619-623. Gelfer, S. D. (2021). Evaluating the Forecasting Power of an open-economy DSGE model when estimated in a Data-Rich Environment. Journal of Economic Dynamics and Control, (129) 104177Gelfer, S. D. (2020). Re-evaluating Okun’s Law: Why all recessions and recoveries are “different”. Economics Letters, (196) Novemebr 2020 109497. Gelfer, S. D. (2020). The Effects of Professional Forecast Dissemination on Macroeconomic Volatility. Journal of Economic Behavior and Organization , (170) 131-156. Gelfer, S. D. (2019). Data-Rich DSGE Model Forecasts of the Great Recession and its Recovery. Review of Economic Dynamics, (32) 18-41.
Presentations
Gelfer, S. D. (2023). “Measuring the Effects of Large-Scale Asset Purchases: The role of services, Housing Market and endogenous Oil Sector” Presented at the Bank of Canada Seminar Speaking Series Ottawa, ON, Canada Gelfer, S. D. (2022). “Comparing Monetary Policy Tools in an Estimated DSGE model with International Financial Markets” Presented at the International Centre for Economic Analysis Inflation Conference Virtual Livingston, J. A., Gelfer, S. D. (2022). “Do Experiments Teach Basic Economics Lessons Better than Traditional Teaching Techniques?” Presented at the ASSA Annual Meeting Virtual Gelfer, S. D. (2021). “Comparing Monetary Policy Tools in an Estimated DSGE model with International Financial Markets” Presented at the15th International Conference Computational and Financial Econometrics Virtual Gelfer, S. D. (2021). “ Understanding the Forecasting Power of DSGE Models in a Data-Rich Environment: the Role of Model Design vs Data” Presented at the Bank of Canada Seminar Speaking Series Ottawa, ON, Canada Gelfer, S. D. (2021). Presented at the MA State Legislature Joint Committee on Telecommunications, Utilities and Energy Boston, MA Gelfer, S. D. (2019). “Evaluating the Forecasting Power of a Canadian DSGE model when estimated in a Data-Rich Environment” Presented at the Bank of Canada Seminar Speaking Series Ottawa, ON, Canada Gelfer, S. D. (2019). “Effects of Professional Forecast Dissemination on Macroeconomic Volatility” Presented at the CEPR Network on Macroeconomic Modelling and Model Comparison 3rd Research Conference Frankfurt, Germany Gelfer, S. D. (2019). “Evaluating the Forecasting Power of a Canadian DSGE model when estimated in a Data-Rich Environment” Presented at the Canadian Economic Association 53rd Annual Conference Banff, AB, Canada Gelfer, S. D. (2018). “Financial Crises, Recoveries and Labor Market Dynamics: Evidence from a Data-Rich DSGE Model” Presented at the CEPR Network on Macroeconomic Modelling and Model Comparison 2nd Research Conference Stanford University Gelfer, S. D. (2018). “Data-Rich DSGE Model Forecasts of the Great Recession and its Recovery” Presented at the Western Economic Association 93rd Annual Conference Vancouver, BC, Canada Gelfer, S. D. (2018). “U.S. Regional Dynamics of Monetary and Financial Shocks: Evidence from a DSGE Model Estimated with State Level Data” Presented at the Midwest Macroeconomics Meetings Spring 2018 University of Wisconsin-Madison Gelfer, S. D. (2017). “U.S. Regional Dynamics of Monetary and Financial Shocks: Evidence from a DSGE Model Estimated with State Level Data” Presented at the Western Economic Association 92nd Annual Conference San Diego, CA Gelfer, S. D. (2017). “Financial Crises, Recoveries and Labor Market Dynamics: Evidence from a Data-Rich DSGE Model” Presented at the Eastern Economic Association 43rd Annual Conference New York, NY Service
Department Service
Course Coordinator for Economic Internships 2018 - PresentCommittee Member for Economic Scholarly Activity Committee 2018 - PresentSpring Virtual Open House - Department Representative - 2020Fall Open House - Department Representative - 2018Fall Open House - Department Representative - 2017Spring Open House - Department Representative - 2017University Service
Committee Member for Board of Trustees - Academic Affairs Committee 2022 - PresentUniversity Senate for Faculty Senate 2022 - PresentMentor (Faculty) for FYS 111 - 2021Committee Member for Teaching and Scholarly Awards Committee 2019 - 2021Mentor (Faculty) for FYS 111 - 2020Professional Service
Panel Member for Pulsenomics’ Expert Survey Panel: US Home Price Expectations 2021 - PresentPanel Member for The Survey of Professional Forecasters (SPF) 2017 - PresentReviewer, Journal Article for Economic Analysis and Policy - 2024Reviewer, Journal Article for Economic Modelling - 2024Reviewer, Journal Article for Journal of Applied Econometrics - 2024Reviewer, Journal Article for Journal of International Money and Finance - 2023Reviewer, Journal Article for Quarterly Review of Economics - 2022Reviewer, Journal Article for Canadian Journal of Economics - 2020Reviewer, Journal Article for Macroeconomic Dynamics - 2020Reviewer, Journal Article for Journal of Economic Dynamics & Control - 2019Reviewer, Journal Article for Economic Inquiry - 2016