Overview
Jean Boivin is a macroeconomist (formerly Columbia Business School and HEC Montréal; later Deputy Governor of the Bank of Canada and Head of the BlackRock Investment Institute) known for empirical monetary economics, factor-augmented VARs, and data-rich macro forecasting.
Key Contributions / Features
- Monetary-policy effectiveness (Boivin-Giannoni 2006): combined an identified VAR with an estimated DSGE and counterfactuals to show the reduced effect of post-1980 policy shocks reflects a stronger systematic policy rule, not weaker policy. The Review of Economics and Statistics 88(3): 445–462.
- FAVAR (Bernanke-Boivin-Eliasz 2005): factor-augmented VAR for measuring monetary-policy effects in a data-rich environment.
- Data-rich monetary policy (Bernanke-Boivin 2003; Boivin-Ng): forecasting and policy analysis with large panels.
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