I am a research associate at the Federal Reserve Bank of Philadelphia. I work with the empirical macro group, primarily on macro-labor topics using a micro-data toolkit.

I hold a B.A. in Economics and Mathematics from the University of Virginia (2022). I am completing an M.S. in Economics at Drexel University part-time (finishing Dec 2026) while working full-time at the Fed.

In my (very limited) free hours, I play viola in the South Jersey Pops symphony!

Madison E. Perry
Fields: Labor economics, Public economics, Macro-Labor, Education

My work is primarily microeconomic in data and method. At the Fed, I work in the Empirical Macro section of the Research Department, supporting the research of Senior Economic Advisor and Economist Shigeru Fujita, and I also spend part of my time on the PRISM-II DSGE model. I have extensive experience with CPS Basic Monthly, CPS ASEC, and PSID data, as well as restricted-access Social Security data, the Health and Retirement Study, the American Community Survey, the Fujita–Ramey expanded Palmer data, and a range of macroeconomic time series.

Policy & non-technical writing
Economic Insights, Federal Reserve Bank of Philadelphia (coauthored)

A non-technical article examining the trade-offs between work incentives and child poverty in the design of the Child Tax Credit.

Works in progress
Work in progress
The Intergenerational Transmission of Occupation Skill and Preference

I study whether certain professions have become more or less "heritable" over time, estimating the task-based similarity between parent and child occupations and how it has evolved.

Work in progress
Immigration, Nonresponse, and Refusal in the Current Population Survey

I estimate the degree to which undocumented immigration drives increased nonresponse — and specifically refusal — in the CPS, and examine how rising refusal rates may bias employment statistics. I hope to produce a reweighting procedure that better reconciles the household and payroll surveys.

Work in progress
School Facilities Quality and Neighborhood Outcomes in Philadelphia

Using a bespoke dataset of facilities condition assessments from the School District of Philadelphia, I explore relationships between facilities quality and demographic composition, enrollment flows, and attendance — and whether facilities decline is capitalized in catchment home values.

Older work
Access to Childcare Subsidies, Labor Supply, and Welfare Program Participation
Undergraduate thesis, University of Virginia

I examine how accessible childcare alters the screening effects of welfare work requirements, using SNAP and the 2014 CCDBG reauthorization for identification.

Recipient of the UVA Economics Department award for Best Public Policy Paper by an Undergraduate (2021)

For additional undergraduate work, see the archive.

A home for my non-academic writing — essays, commentary, and shorter pieces that don't fit neatly under research.

Where it appeared / self-published — Month Year

A sentence or two describing the piece.

More writing coming soon.

Selected press coverage and media mentions.

Outlet — Month Day, Year

Optional one-line note on the context (interview, quote, feature, etc.).

More coming soon.