Curriculum Vitae

Seung Jung Lee

Board of Governors of the Federal Reserve System

20th St. and Constitution Avenue NW, Washington DC, 20551

https://www.federalreserve.gov/econres/seung-jung-lee.htm

https://www.linkedin.com/in/seung-jung-lee-89b1b872/

seung.j.lee@frb.gov

Employment

Board of Governors of the Federal Reserve System, Washington, D.C., (2006-present)

   Deputy Associate Director (2023-present)

   Assistant Director (2021-2023)

   Section Chief, International Financial Stability Section (2018-2021)

   Senior Economic Project Manager (2015-2018)

   Principal Economist, International Financial Stability Section (2014-2015)

   Senior Economist, Banking Analysis Section (2009-2014)

   Economist, Quantitative Risk Management Section (2006-2008) 

Summer Intern, International Monetary Fund, Washington, D.C., (2004)

Education

Ph.D., Economics, University of Chicago, Chicago, IL, (June 2006)

(University of Chicago Scholarship 2003-2005, Japan-IMF Fellowship 2000-2002)

B.A., Economics, Yale University, New Haven, CT, (December 1997)

(Magna cum laude, Honors in economics)

Publications

"Sowing the Seeds of Financial Imbalances: The Role of Macroeconomic Performance" (with Elena Afanasyeva, Sam Jerow, and Michele Modugno), Journal of Financial Stability, forthcoming.  

"The 1997-1998 Korean Financial Crisis," in Hsu, Sara (eds).  Elgar Encyclopedia of Financial Crises, 2023, p. 317.

"The 2007 Financial Crisis in the United Kingdom," in Hsu, Sara (eds).  Elgar Encyclopedia of Financial Crises, 2023, p. 340. 

"Identifying Financial Crises Using Machine Learning on Textual Data" (with Mary Chen, Matthew DeHaven, Isabel Kitschelt, and Martin J. Sicilian), Journal of Risk and Financial Management, vol. 16, no. 3, 2023.

"Risk-Taking Spillovers of U.S. Monetary Policy in the Global Market for U.S. Dollar Corporate Loans" (with Lucy Qian Liu and Viktors Stebunovs), Journal of Banking and Finance, vol. 138, 2022, p. 105550. 

Risk Taking and Low Longer-term Interest Rates: Evidence from the U.S. Syndicated Loan Market” (with Sirio Aramonte and Viktors Stebunovs), Journal of Banking and Finance, vol. 138, 2022, p. 105511.

The U.S. Syndicated Loan Market: Matching data" (with Gregory J. Cohen, Jacob Dice, Melanie Friedrichs, Kamran Gupta, William Hayes,  Isabel Kitschelt, W. Blake Marsh, Nathan Mislang, Maya Shaton, Martin Sicilian, and Chris Webster), Journal of Financial Research, vol. 44, 2021, pp. 695-723.

"Prudential Policies and Their Impact on Credit in the United States" (with Paul Calem and Ricardo Correa), Journal of Financial Intermediation, vol. 42, 2020, p. 100826.

The Anatomy of Financial Vulnerabilities and Banking Crises” (with Kelly E. Posenau and Viktors Stebunovs), Journal of Banking and Finance, vol. 112, 2020, p. 105334.

What's Driving Leveraged Loan Spreads?” (with W. Blake Marsh), Macro Bulletin, Federal Reserve Bank of Kansas City, 2019, pp. 1-5.

"Mapping Heat in the U.S. Financial System" (with David Aikman, Michael T. Kiley, Michael G. Palumbo, and Missaka N. Warusawitharana), Journal of Banking and Finance, vol. 81, 2017, pp. 36-64.

"Bank Capital Pressures, Loan Substitutability, and Nonfinancial Employment" (with Viktors Stebunovs), Journal of Economics and Business, vol. 83, 2016, pp. 44-69.

Estimating Changes in Supervisory Standards and Their Economic Effects" (with William F. Bassett and Thomas W. Spiller), Journal of Banking and Finance, vol. 60, 2015, pp. 21-43.

The Credit Crunch and Fall in Employment during the Great Recession” (with Samuel Haltenhof and Viktors Stebunovs), Journal of Economic Dynamics and Control, vol. 43, 2014, pp. 31-57.

Profits and Balance Sheet Developments at U.S. Commercial Banks in 2009” (with Jonathan D. Rose), Federal Reserve Bulletin, vol. 96, 2010, pp. A1-A37.

How Information Quality of Macro Aggregates Affects Sovereign Risk: An Empirical Investigation,” Review of International Economics, vol. 17, 2009, pp. 510-532.

Official Working Papers 

Less Bank Regulation, More Non-Bank Lending,” (with Mary Chen, Daniel Neuhann, and Farzad Saidi), Finance and Economics Discussion Series 2023-026. Board of Governors of the Federal Reserve System, 2023.

Identifying Financial Crises Using Machine Learning on Textual Data,” (with Mary Chen, Matthew DeHaven, Isabel Kitschelt, and Martin Sicilian), International Finance Discussion Papers 1374. Board of Governors of the Federal Reserve System, 2023.

Sentiment in Bank Examination Reports and Bank Outcomes,” (with Maureen Cowhey, Thomas Popeck Spiller, and Cindy M. Vojtech), Finance and Economics Discussion Series 2022-077. Board of Governors of the Federal Reserve System, 2022.

Sowing the Seeds of Financial Imbalances: The Role of Macroeconomic Performance,” (with Elena Afanasyeva, Sam Jerow, and Michele Modugno), Finance and Economics Discussion Series 2020-028. Board of Governors of the Federal Reserve System, 2020.

Risk-Taking Spillovers of U.S. Monetary Policy in the Global Market for U.S. Dollar Corporate Loans,” (with Lucy Qian Liu and Viktors Stebunovs), International Finance Discussion Papers 1251. Board of Governors of the Federal Reserve System, 2019.

The U.S. Syndicated Loan Market: Matching data," (with Gregory J. Cohen, Melanie Friedrichs, Kamran Gupta, William Hayes, W. Blake Marsh, Nathan Mislang, Maya Shaton, and Martin Sicilian), Finance and Economics Discussion Series 2018-085. Board of Governors of the Federal Reserve System, 2018.

Prudential Policies and Their Impact on Credit in the United States,” (with Paul Calem and Ricardo Correa), BIS Working Papers No. 635, 2017.

The Anatomy of Financial Vulnerabilities and Crises,” (with Kelly E. Posenau and Viktors Stebunovs), International Finance Discussion Papers 1191. Board of Governors of the Federal Reserve System, 2017.

"Risk Taking and Interest Rates: Evidence from Decades in the Global Syndicated Loan Market," (with Lucy Qian Liu and Viktors Stebunovs), International Finance Discussion Papers 1188. Board of Governors of the Federal Reserve System, 2017.

Risk Taking and Interest Rates: Evidence from Decades in the Global Syndicated Loan Markets,” (with Lucy Qian Liu and Viktors Stebunovs), IMF Working Papers 17/16, 2017. 

Prudential Policies and Their Impact on Credit in the United States,” (with Paul Calem and Ricardo Correa), International Finance Discussion Papers 1186. Board of Governors of the Federal Reserve System, 2016.

Bank Capital Pressures, Loan Substitutability, and Nonfinancial Employment,” (with Viktors Stebunovs), International Finance Discussion Papers 1161. Board of Governors of the Federal Reserve System, 2016.

Risk Taking and Low Longer-term Interest Rates: Evidence from the U.S. Syndicated Loan Market,” (with Sirio Aramonte and Viktors Stebunovs), Finance and Economics Discussion Series 2015-068. Board of Governors of the Federal Reserve System, 2015.

Mapping Heat in the U.S. Financial System,” (with David Aikman, Michael T. Kiley, Michael G. Palumbo, and Missaka N. Warusawitharana), Finance and Economics Discussion Series 2020-059. Board of Governors of the Federal Reserve System, 2015.

The Credit Crunch and Fall in Employment during the Great Recession,” (with Samuel Haltenhof and Viktors Stebunovs), Finance and Economics Discussion Series 2020-06. Board of Governors of the Federal Reserve System, 2014.

Bank Capital Ratios and the Structure of Nonfinancial Industries,” (with Viktors Stebunovs), Finance and Economics Discussion Series 2020-53. Board of Governors of the Federal Reserve System, 2012.

Estimating Changes in Supervisory Standards and Their Economic Effects,” (with William F. Bassett and Thomas W. Spiller), Finance and Economics Discussion Series 2020-55. Board of Governors of the Federal Reserve System, 2012.

Other Work in Progress

"Liquidators and Insulators in the Leveraged Loan market," (with Victoria Ivashina, Gordon Liao, and Chris Webster), in progress, 2022.

"Risk-Mitigating Effects of Being Prompt and Transparent," (with Lucy Qian Liu and Viktors Stebunovs), in progress, 2020.

“Limits to Monetary Policy Transmission at the Zero Lower Bound and Beyond: The Role of Nonbanks," (with Gregory J. Cohen and Viktors Stebunovs), in progress, 2017.

"Public and Private Ratings," (with Jennie Bai, Jess Cornaggia, and Viktors Stebunovs), in progress, 2017.

“The Effects of U.S. Unconventional Monetary Policy on Employment in Disaggregated Data,” (with Lucy Qian Liu and Viktors Stebunovs), in progress, 2015.

“An Inquiry in into the Effects of Information Quality of Macro Aggregates on Sovereign Risk,” PhD Dissertation, University of Chicago (2006).

“The Financial Crisis in Korea,” Senior Thesis, Yale University (1997).  

Research Cited and Featured

"Bank Lending Conditions during the Pandemic," (with David Bodovski, Hannah Firestone, and Viktors Stebunovs), FEDS Notes, October 15, 2021.

"Fed paper examines drivers of US leverage," CentralBanking.com, April 17, 2020.

"Banks could be stuck with riskiest corporate loans during downturn - Fed paper," CentralBanking.com, November 29, 2019.

"The U.S. Syndicated Term Loan Market: Who holds what and when?," (with Dan Li, Ralf R. Meisenzahl, and Martin J. Sicilian), FEDS Notes, November 25, 2019.

"Global Financial Stability Report April 2019, Chapter 1, Online Annex," International Monetary Fund, April 8, 2019.

"The Banking Agencies and Leveraged Lending: A Case Study in the Hazards of "Macroprudential Regulation"" Greg Baer and Brett Waxman, Underwritings, The BPI Blog, Bank Policy Institute, March 7, 2019.

"Hutchins Roundup: Economic overheating, local opioid supply, and more," Finn Schuele, Sage Belz, and Louise Sheiner, The Brookings Institution, October 18, 2018.

"The Relationship between Macroeconomic Overheating and Financial Vulnerability: A Quantitative Exploration," (with Elena Afanasyeva, Michele Modugno, and Francisco Palomino), FEDS Notes, October 12, 2018.

"The Relationship between Macroeconomic Overheating and Financial Vulnerability: A Narrative Investigation," (with Elena Afanasyeva, Michele Modugno, and Francisco Palomino), FEDS Notes, October 12, 2018.

"The real effects of the financial crisis," Ben S. Bernanke, Brookings Papers on Economic Activity (BPEA) Article, September 13, 2018.

"The Fed probably discussed raising the countercyclical capital buffer today. It should't," Bill Nelson, Underwritings, The BPI Blog, Bank Policy Institute, May 1, 2018.

Financial Stability Framework,” Loretta J. Mester, Panel Remarks for the International Banking, Economics, and Finance Association and American Economic Association Session, “Integrating Financial Stability with Monetary Policy,” Allied Social Science Associations Annual Meeting, Philadelphia, PA, January 6, 2018.

103rd Annual Report 2016,” Board of Governors of the Federal Reserve System,  June, 2017.

An Assessment of Financial Stability in the United States,” Vice Chairman Stanley Fischer, Speech at the IMF Workshop on Financial Surveillance and Communication: Best Practices from Latin America, the Caribbean, and Advanced Economies, Washington, D.C., June 27, 2017.

"Hutchins Roundup: For-profit colleges, executives' compensation, and more," Anna Malinovskaya and Louise Sheiner, The Brookings Institution, May 11, 2017.

"Stress Tests, Supervisory Guidance, and the Supply of Credit,“ Wall Street Journal, May 3, 2017.

"The Economic Benefit of a Stable Financial System," Emily Liner, Third Way, January 11, 2017.

"Hutchins Roundup: Bank supervision, Social Security, and more," Anna Malinovskaya and David Wessel, The Brookings Institution, December 21, 2016.

"The Impact of Prudential Policies on Credit Supply,“ Wall Street Journal, December 13, 2016.

"Income Inequality: The Battlefield Casualty of Post-Crisis Financial Policy,“ Karen Shaw Petrou, Keynote Address before the Federal Reserve Bank of Chicago/European Central Bank Nineteenth Annual International Banking Conference, Chicago, Illinois, November 3, 2016.

WSJ Column Combines Two Academic Papers and Draws the Wrong Conclusion,” Bill Nelson, Underwritings, The BPI Blog, Bank Policy Institute, September 23, 2016. 

102nd Annual Report 2015,” Board of Governors of the Federal Reserve System,  June, 2017.

Fed Study Links Higher Capital Requirements to Slower Employment Growth,” Wall Street Journal,  May 4, 2016.

Tilting Bubbles,” John H. Cochrane, The Grumpy Economist Blog, December 15, 2015. 

 “As Commercial Real-Estate Prices Soar, Fed Weighs Consequences,” Wall Street Journal, December 15, 2015. 

Mapping Heat in the U.S. Financial System: A Summary,” (with David Aikman, Michael Kiley, Michael Palumbo, and Missaka Warusawitharana), FEDS Notes, August 5, 2015.      

"2014 Annual Report,” Office of Financial Research, December 2, 2014. 

Monetary Policy Accommodation, Risk-Taking,and Spillovers,” Governor Jerome H. Powell, Speech at the Global Research Forum on International Macroeconomics and Finance, Washington, D.C., November 14, 2014.

How Do Bank Regulators Determine Capital Adequacy Requirements” Eric A. Posner, Coase-Sander Working Paper Series in Law and Economics, Chicago Unbound, September, 2014.

Why Small Business Lending Isn’t What It Used to Be,” Ann Marie Wiersch, Economic Commentary 2013-10, August 14, 2013.

Report to the Congress on the Profitability of Credit Card Operations of Depository Institutions,” Board of Governors of the Federal Reserve System, June, 2010.

U.S. Commercial Bank Profits 2009,” Barry Ritholtz, The Big Picture, May 25, 2010.

Public Releases

The July 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices," Board of Governors of the Federal Reserve System, August 2014.

The July 2012 Senior Loan Officer Opinion Survey on Bank Lending Practices," (with Marcelo Rezende), Board of Governors of the Federal Reserve System, August 2012.

The October 2009 Senior Loan Officer Opinion Survey on Bank Lending Practices," (with Jonathan Rose), Board of Governors of the Federal Reserve System, October 2009.

The April 2009 Senior Loan Officer Opinion Survey on Bank Lending Practices," (with John Driscoll), Board of Governors of the Federal Reserve System, May 2009.

The January 2009 Senior Loan Officer Opinion Survey on Bank Lending Practices," (with Tara Rice), Board of Governors of the Federal Reserve System, February 2009.

Selected Paper Discussions

A Picture is Worth a Thousand Words: Measuring investor sentiment by combining machine learning and photos form news,” by Khaled Obaid and Kuntara Pukthuanthong (at 2020 Financial Management Association Virtual Meeting); published at the Journal of Financial Economics.

Home Sweet Host: A cross-country perspective on prudential and monetary policy spillovers through global banks,” by Stefan Avdjiev, Bryan Hardy, Patrick McGuire and Goetz von Peter (at 2020 International Banking, Economics, and Finance Association Summer Meeting); published at the Review of International Economics.  

The Costs and Benefits of Liquidity Regulations: Lessons from an idle monetary policy tool,” by Christopher J. Curfman and John Kandrac (at 2019 Financial Management Association Meeting); published at the Review of Finance.  

What Drives Global Lending Syndication? Effects of Cross-Country Capital Regulation Gaps,” by Janet Gao and Yeejin Jang (at 2018 Financial Management Association Meeting); published at the Review of Finance.  

"Equity Price Discovery with Informed Private Debt," by Jawad M. Addoum and Justin Murfin (at the 2018 Chicago Financial Institutions Conference); published at the Review of Financial Studies.  

"Dynamic Interpretation of Emerging Risks in the Financial Sector," by Kathleen Weiss Hanley and Gerard Hoberg (at the 2017 Midwest Finance Association Annual Meeting); published at the Review of Financial Studies

"When time is not on our side: The costs of regulatory forbearance in the closure of insolvent banks," by Rebel A. Cole and Lawrence J. White (at the 2016 Southern Finance Association Annual Meeting); published at the Journal of Banking and Finance.  

The Signalling Content of Asset Prices for Inflation: Implications for quantitative easing," by Leo de Haan and Jan Willem van den End (at the 2016 International Banking, Economics, and Finance Association Summer Meeting); published in Economic Systems.

Did the Reserve Requirement Increases of 1936-37 Reduce Bank Lending? Evidence from a Quasi-Experiment,” by Haelim Park and Patrick Van Horn (at the 2014 Midwest Economic Association Annual Meeting); published at the Journal of Money, Credit and Banking.  

Editor

Editorial Board Member, Measurement: Interdisciplinary Research and Perspectives (2023-present)

Guest Editor, Journal of Credit Risk, Special Issue, Volume 16, Number 3, September 2020

Referee for Journals

Bulletin of Economic Research, Economic Inquiry, Economic Modelling, Emerging Markets Finance and Trade, The Financial Review, International Finance, International Journal of Forecasting, Journal of Banking and Finance, Journal of Economic Dynamics and Control, Journal of Economics and Business, Journal of Financial and Quantitative Analysis, Journal of Financial Regulation, Journal of Financial Stability, Journal of International Economics, Journal of Risk Management in Financial Institutions, Journal of Futures Markets, North American Journal of Economics and Finance, Research in International Business and Finance

Conference and Workshop Organization

Program Committee, Southern Finance Association (SFA) Annual Meeting, November 2023

Scientific Committee, International Finance and Banking Society (IFABS) 2023 Oxford Conference, July 2023

Organizing and Scientific Committee, ECB-FRB Joint Workshop on Financial Stability, Monetary Policy, and Macroprudential Policy, June 2021

Session Organizer, Natural Language Processing and its Applications to Macroeconomics and Macro-Finance, American Economic Association Annual Meeting, January 2020

Scientific Committee, Nontraditional Data, Machine Learning, and Natural Language Processing in Macroeconomics Conference, October 2019

Scientific Committee, 2018 Interagency Early Warning Workshop, September 2018 

Organizer, Financial Stability Monitoring and Early Warning Systems Round Table, December 2016

Academic Presentations and Invited Seminars


Big Data Big Talks, International Monetary Fund, February 2024

2023 Southern Finance Association Annual Meeting, November 2023 

3rd IFC Workshop on Data Science in Central Banking, October 2023 (2 papers)

IFABS 2023 Oxford Conference, July 2023

2023 Central Bank Research Association (CEBRA) Annual Meeting, July 2023

Center for Financial Research Seminar, FDIC, March 2023

Federal Reserve Bank of Kansas City, October 2022

2022 International Banking, Economics, and Finance Association Summer Meeting, July 2022 (2 papers)

4th International Conference on Advanced Research Methods and Analytics - Internet and Big Data in Economics and Social Sciences -, June 2022

2022 RiskLab/Bank of Finland/ESRB Conference on Systemic Risk Analytics, May 2022

2022 American Economic Association Annual Meeting, January 2022

2021 RiskLab/Bank of Finland/ESRB Conference on Systemic Risk Analytics, July 2021

2020 Southern Finance Association Virtual Meeting, November 2020 

2020 Financial Management Association Virtual Meeting, October 2020

Board of Governors of the Federal Reserve System, October 2020

2020 Northern Finance Association Online Conference, September 2020

2020 European Economic Association Virtual Congress, August 2020

QSR Virtual Brown Bag hosted by the Federal Reserve Bank of Richmond, July 2020

2020 American Economic Association Annual Meeting, January 2020

Joint FRB-IMF Workshop on New Techniques and Data in Macro Finance, December 2019

Textual Analysis in Economics and Finance Research Conference, November 2019

2019 Financial Management Association Annual Meeting, October 2019

3rd Forecasting Conference at Central Banks, October 2019

European Systemic Risk Board/European Central Bank, September 2019

Board of Governors of the Federal Reserve System, July 2019

2019 Western Economic Association International Meeting, July 2019

The Society of Computational Economics: Computing in Economics and Finance Conference, June 2019

2019 Annual Conference of the Canadian Economics Association, June 2019

2019 Georgetown Center for Economic Research Biennial Conference, May 2019

2019 RiskLab/Bank of Finland/ESRB Conference on Systemic Risk Analytics, May 2019

Board of Governors of the Federal Reserve System, May 2019

2019 American Economic Association Annual Meeting, January 2019

Systemic Risk Integration Forum, November 2018

Central Intelligence Agency, November 2018

European Systemic Risk Board/European Central Bank, October 2018

2018 Financial Management Association Annual Meeting, October 2018

8th IWH/INFER Workshop on International Capital Flows and Macroprudential Stability, August 2018 

Board of Governors of the Federal Reserve System, August 2018 (2 papers)

Board of Governors of the Federal Reserve System, July 2018 

Board of Governors of the Federal Reserve System, July 2018 

2018 Annual Conference of the Canadian Economics Association, June 2018

Board of Governors of the Federal Reserve System, May 2018

Global Financial Linkages Conference, February 2018

2018 American Economic Association Annual Meeting, January 2018

Joint FRB-IMF Workshop on Financial Crises, Innovation, and Regulation, October 2017

2017 Financial Management Association Annual Meeting, October 2017 (2 papers)

Board of Governors of the Federal Reserve System, August 2017 (2 papers)

IFABS 2017 Oxford Conference, July 2017 (2 papers)

2017 RiskLab/Bank of Finland/ESRB Conference on Systemic Risk Analytics, June 2017 (2 papers)

2017 Annual Conference of the Canadian Economics Association, June 2017

2017 Royal Economic Society Annual Conference, April 2017 (2 papers)

2017 Midwest Finance Association Annual Meeting, March 2017 (2 papers)

Wholesale and Small Business Risk Ratings Workshop, February 2017

2017 American Economic Association Annual Meeting, January 2017

2016 Financial Stability Conference, December 2016

2016 Southern Economics Association Annual meeting, November 2016

2016 Southern Finance Association Annual Meeting, November 2016 (2 papers)

System Committee Meeting on Financial Structure and Regulation, November 2016

2016 Financial Management Association Annual Meeting, October 2016

2016 Stress Testing Research Conference, October 2016

2016 Federal Reserve System Surveillance Conference, October 2016

Board of Governors of the Federal Reserve System, September 2016

Board of Governors of the Federal Reserve System, August 2016

CEMLA Regional Conference on International Financial Standards Implementation, July 2016

2016 Western Economic Association International Meeting, July 2016

2016 International Banking, Economics, and Finance Association Summer Meeting, July 2016

Closing Conference of the BIS CCA CGDFS Working Group, June 2016

Board of Governors of the Federal Reserve System, April 2016

Board of Governors of the Federal Reserve System, March 2016

The U.S. Department of the Treasury, March 2016

2016 Midwest Finance Association Annual Meeting, March 2016

2016 American Economic Association Annual Meeting, January 2016

Center for Financial Research Seminar, FDIC, December 2015 (2 papers)

2015 Southern Finance Association Annual Meeting, November 2015

2015 Financial Management Association Annual Meeting, October 2015

2015 RiskLab/Bank of Finland/ESRB Conference on Systemic Risk Analytics, August 2015

2015 Western Economic Association International Meeting, June 2015

University of Chicago, June 2015

2015 Georgetown Center for Economic Research Biennial Conference, May 2015

Midwest Macroeconomics Meetings, May 2015

2014 Financial Management Association Annual Meeting, October 2014

Board of Governors of the Federal Reserve System, September 2014

2014 Northern Finance Association Conference, September 2014

2014 Western Economic Association International Meeting, June 2014

Board of Governors of the Federal Reserve System, June 2014

Midwest Macroeconomics Meetings, May 2014

2014 Midwest Economic Association Meeting, March 2014

2014 American Economic Association Meeting, January 2014

2013 Financial Management Association Annual Meeting, October 2013 (2 papers)

2013 Northern Finance Association Conference, September 2013

2013 Western Economic Association International Meeting, June 2013

2013 American Economic Association Meeting, January 2013

Bank of Korea (DC Office) Brown Bag Seminar, December 2012

Board of Governors of the Federal Reserve System, November 2012

2012 Financial Management Association Annual Meeting, October 2012

Federal Reserve Bank of Chicago, October 2012

Board of Governors of the Federal Reserve System, May 2012

Board of Governors of the Federal Reserve System, November 2011

Board of Governors of the Federal Reserve System, October 2011

Board of Governors of the Federal Reserve System, August 2011

Midwest Macroeconomics Meetings, May 2011

Board of Governors of the Federal Reserve System, September 2010

Deloitte & Touche USA, LLP, Chicago, March 2006

Wesleyan University, February 2006

Bryant University, February 2006

Board of Governors of the Federal Reserve System, February 2006

St. Joseph’s University, January 2006

University of Chicago, November 2004

Policy Presentations and Invited Seminars


Board of Governors of the Federal Reserve System, November 2023

Federal Reserve Bank of Atlanta (virtual), November 2023

2023 Central Bank Data Collaboration Group (CB-DCG) Conference, October 2023

Board of Governors of the Federal Reserve System,  May 2023

Federal Reserve Bank of Atlanta (virtual), November 2022

Federal Reserve Bank of Kansas City, October 2022

Board of Governors of the Federal Reserve System, August 2022

Board of Governors of the Federal Reserve System, November 2021

Federal Reserve Bank of Atlanta (virtual), November 2021 (2 projects)

Board of Governors of the Federal Reserve System, August 2021

Board of Governors of the Federal Reserve System, August 2021

Board of Governors of the Federal Reserve System, March 2021

Board of Governors of the Federal Reserve System, December 2020

Board of Governors of the Federal Reserve System, August 2020

Board of Governors of the Federal Reserve System, June 2020

Federal Reserve Bank of Boston, February 2020

The U.S. Department of the Treasury, January 2020

Federal Reserve Bank of Atlanta, November 2019 (2 papers)

Board of Governors of the Federal Reserve System, August 2019

Board of Governors of the Federal Reserve System, April 2019

Board of Governors of the Federal Reserve System, January 2019

Board of Governors of the Federal Reserve System, January 2019

Federal Reserve Bank of New York, November 2018

Board of Governors of the Federal Reserve System, June 2018

Board of Governors of the Federal Reserve System, August 2017

Financial Stability Monitoring and Early Warning Systems Round Table, December 2016

Board of Governors of the Federal Reserve System, April 2015

Board of Governors of the Federal Reserve System, October 2011

Board of Governors of the Federal Reserve System, October 2010

George Washington University, April 2010

Bank for International Settlements, October 2008

Bank for International Settlements, March 2007

Federal Reserve Bank of Boston, January 2007


Last updated  April 23, 2024.