Research
Testimony before the Senate Banking Committee, July 16, 2009.
A Proposal to Help Distressed Homeowners:
A Government Payment‐Sharing Plan by Chris Foote (Boston Fed), Jeff Fuhrer (Boston Fed), Eileen Mauskopf (Board of Governors)
and Paul Willen (Boston Fed)
Recent Papers
- Why Don't Lenders Renegotiate More Mortgages? Redefaults, Self-Cures and Securitization with Manuel Adelino and Kris Gerardi.
- Reducing Foreclosures, with Kristopher Gerardi, Chris Foote and Lorenz Goette. Forthcoming in the NBER Macro Annual 2009
- "The Impact of Deregulation and Financial Innovation on Consumers: The Case of the Mortgage Market" with Kristopher Gerardi and Harvey Rosen. 2009. Forthcoming in the Journal of Finance
- "Making Sense of the Subprime Crisis"
with
Kristopher S. Gerardi, Andreas Lehnert, and Shane M. Sherland. FRB Boston Public Policy Discussion Papers Series, paper no. 09-1. Forthcoming in Brookings Papers on Economic Activity.
- “Subprime Mortgages, Foreclosures, and Urban Neighborhoods" with Kristopher Gerardi.
FRB Boston Public Policy Discussion Papers Series, paper no. 08-6. 2008. Forthcoming in BE Journal in Economic Analysis and Policy.
For more papers, go here.
Selected Recent Presentations If you want to use the material from these slides in a paper or presentation, feel free to do so. All I ask is that you do attribute them to me or to the Boston Fed.
- IMF Audioconference Presentation (with overlays) October 21, 2009. Printable Version (without overlays)
- New Hampshire and Vermont Bankeers' Associations, Stoweflake Resort, Stowe, VT. September 11, 2009.
- Why Don't Lenders Renegotiate More Home Mortgages?, New York Fed, July 27, 2009.
- LSE Housing Conference, London, May 19, 2009.
- Taubman Center at Harvard, Cambridge, MA, May 4, 2009.
- UCLA, Los Angeles, CA, May 1, 2009
- Harvard Business School, Boston, MA, April 15, 2009.
-
Kennedy School, Harvard Cambridge, MA, March 19, 2009.
For more presentations, go here.
| Biographical information
Paul S. Willen
Senior Economist and Policy Advisor Research DepartmentFederal Reserve Bank of BostonT: 617-973-3149
Paul.Willen@bos.frb.org
Positions
- Federal Reserve Bank of Boston
- Senior Economist and Policy Advisor, 2007-
- Senior Economist, 2004-2006
- MIT: Visiting Associate Professor of Economics, Department of Economics, Fall 2006, 2007, 2008.
- National Bureau of Economic Research: Faculty Research Fellow, 2004-
- University of Chicago, Graduate School of Business: Assistant Professor, 2000-2004.
- Princeton University, Department of Economics: Assistant Professor, 1997-2000.
Education
- Ph.D. (May 1997), M. Phil. (May 1995), M.A. (May 1994) all in Economics, Yale University. Committee: John Geanakoplos, Robert Shiller, Bill Brainard
- B.A. (Economics), Williams College, May 1990
Full CV
|