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Mark Fisher

Research Economist and Associate Adviser Emeritus

Photo portrait of Mark Fisher

About

Mark Fisher is an economist emeritus of the Research Department of the Federal Reserve Bank of Atlanta. Before his retirement, he was a financial economist and associate adviser on the financial markets team in Research.

Biography

Mark Fisher is an economist emeritus of the Research Department of the Federal Reserve Bank of Atlanta. Before his retirement, he was a financial economist and associate adviser on the financial markets team in Research. His research interests include asset pricing, the term structure of interest rates, and general equilibrium with recursive preferences. 

Prior to joining the Atlanta Fed, Dr. Fisher was an economist at the Board of Governors of the Federal Reserve System. He was a finance and economics lecturer at North Carolina State University from 1982 to 1989.

Dr. Fisher's research has appeared in journals including the Journal of Finance, the American Economic Review, and the American Journal of Agricultural Economics.

Dr. Fisher received his bachelor's degree in economics from the University of California at Santa Barbara. He earned both his MBA in finance and his doctorate in finance and economics from the University of Chicago.

Published Work

Federal Reserve work older than six years.

Publications

2019

Mark Fisher, Mark J. Jensen, and Paula Tkac. "Bayesian Nonparametric Learning of How Skill Is Distributed across the Mutual Fund Industry." Working Paper 2019-3. Federal Reserve Bank of Atlanta. March 2019.

2018

Mark Fisher and Mark J. Jensen. "Bayesian Inference and Prediction of a Multiple-Change-Point Panel Model with Nonparametric Priors." Working Paper 2018-2a. Federal Reserve Bank of Atlanta. February 2018.

2016

Mark Fisher and Brian Robertson. "Market Expectations of Fed Policy: A New Tool." Notes from the Vault August 2016.

Mark Fisher and Brian Robertson. "What's Moving the Market's Views on the Path of Short-Term Rates?." macroblog July 18, 2016.

2015

Mark Fisher. "Fitting a Distribution to Survey Data for the Half-Life of Deviations from PPP." Working Paper 2015-15. Federal Reserve Bank of Atlanta. December 2015.

2014

Mark Fisher. "Monetary Policy, Economic Modeling, and Unknown Unknowns." Notes from the Vault October 2014.

2009

Gerald P. Dwyer and Mark Fisher. "Inflation and Monetary Regimes." Working Paper 2009-26. Federal Reserve Bank of Atlanta. September 2009.

2005

Mark Fisher. "Happy-Hour Economics, or How an Increase in Demand Can Produce a Decrease in Price." Economic Review (Q2 2005).

2004

Mark Fisher. "Modeling the Term Structure of Interest Rates: An Introduction.." Economic Review (Q3 2004).

2002

Mark Fisher. "Special Repo Rates: An Introduction." Economic Review (Q2 2002).

2001

Gerald P. Dwyer and Mark Fisher. "Forces That Shape the Yield Curve: Parts 1 and 2." Working Paper 2001-3. Federal Reserve Bank of Atlanta. March 2001.

Mark Fisher. "Forces That Shape the Yield Curve." Economic Review (Q1 2001).

1999

Mark Fisher. "Consumption and Asset Prices with Recursive Preferences: Continuous-Time Approximations to Discrete-Time Models." Working Paper 1999-18. Federal Reserve Bank of Atlanta. November 1999.

Mark Fisher and Christian Gilles. "Consumption and Asset Prices with Homothetic Recursive Preferences." Working Paper 1999-17. Federal Reserve Bank of Atlanta. November 1999.