R. Andrew Bauer (Andy) is vice president and regional executive for the Baltimore branch of the Federal Reserve Bank of Richmond. Bauer serves as the lead external facing officer for the Richmond Fed in Maryland, the Greater Washington metropolitan area, and West Virginia.
Through interactions with business, financial, academic, community, and state and local government contacts, Bauer gathers economic intelligence to inform the Bank's assessment of the economy and its monetary policy deliberations. He also works with community leaders and partners with regional organizations to share research perspectives in areas of expertise related to the Bank's mission, including advancing the Bank's community development goal of promoting investment in low- and moderate-income communities.
Bauer engages with the public in order to build a common understanding of the Federal Reserve's mission and gain regional input into the Federal Reserve's policy development processes. He also regularly speaks about national and regional economic conditions and Federal Reserve policy to business, professional and trade associations, community groups, and the media.
Prior to becoming regional executive, Bauer worked as a senior regional economist at the Richmond Fed. In that capacity, he was responsible for monitoring and analyzing macroeconomic and regional economic conditions and spoke regularly about the economy and monetary policy. Before joining the Richmond Fed in 2006, he worked as an economic analyst in the macroeconomic policy group in the Research Department at the Federal Reserve Bank of Atlanta.
Bauer serves on the board of the Maryland Council of Economic Education, is an instructor at the Maryland Banking Association's Banking School and is a former affiliate assistant professor at Loyola University.
Bauer earned his doctorate in economics from Emory University in 2007 and a bachelor's degree from American University in 1994.
"Transparency, Expectations, and Forecasts" (with Robert A. Eisenbeis, Daniel F. Waggoner, and Tao Zha). Federal Reserve Bank of Atlanta Economic Review 91, no. 1 (1st Quarter 2006): 1-25.
"Smoothing the Shocks of a Dynamic Stochastic General Equilibrium Model" (with Nicholas Haltom and Juan F. Rubio-Ramirez). Federal Reserve Bank of Atlanta Economic Review 90, no. 2 (2nd Quarter 2005): 35-47.
"Decomposing Inflation" (with Nicholas Haltom and William Peterman). Federal Reserve Bank of Atlanta Economic Review 89, no. 1 (1st Quarter 2004): 39-51.
"Forecast Evaluation with Cross-Sectional Data: The Blue Chip Surveys" (with Robert A. Eisenbeis, Daniel F. Waggoner, and Tao Zha). Federal Reserve Bank of Atlanta Economic Review 88, no. 2 (2nd Quarter 2003): 17-31.
