Consultant Details

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Fatih Guvenen



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Fatih Guvenen joined the Federal Reserve Bank of Minneapolis as a visiting scholar in 2008. He is currently a consultant in the Research Department and is a professor of economics at the University of Minnesota.


Fatih received his M.Sc. and Ph.D. in economics from Carnegie Mellon University. He also holds a B.Sc. in electrical and electronics engineering from Bilkent University (Turkey). He is a research associate at the National Bureau of Economic Research (EF&G Program) and served as an advisor to the Central Bank of Turkey from 2013 to 2015.


Fatih’s current research focuses on topics at the intersection of macroeconomics and inequality, including the causes and consequences of wage and earnings inequality, how rising wage dispersion among workers is linked to rising dispersion among their employers, and how individual-level wage and earnings risk varies over the life cycle and over the business cycle.


Fatih is an associate editor for the Review of Economic Dynamics and the Journal of Monetary Economics. Fatih’s work has appeared in a number of prominent economics journals, including the American Economic Review, Econometrica, the Review of Economic Studies, the Journal of Political Economy, and the Journal of Monetary Economics. He has a forthcoming book with Princeton University Press, entitled Quantitative Economics with Heterogeneity: An A-to-Z Guidebook. 

Personal website

Recent Minneapolis Fed Work

Use it or Lose it: Efficiency Gains from Wealth Taxation
September 2019 - Working Paper

Offshore Profit Shifting and Domestic Productivity Measurement
April 2018 - Working Paper

Firming Up Inequality
April 2018 - Working Paper
Published In: Quarterly Journal of Economics (vol. 134, no. 1, February 2019, pp. 1-50)

Top Income Inequality in the 21st Century: Some Cautionary Notes
October 2017 - Quarterly Review

Understanding Income Risk: New Insights from Big Data
June 2017 - The Region

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