Burcu Eyigungor
Economic Advisor and Economist
Federal Reserve Bank of Philadelphia
Economic Advisor and Economist
Federal Reserve Bank of Philadelphia
Working Papers
Explaining Contract Heterogeneity in the Credit Card Market (with S. Chatterjee) (September 2025, link)
Credit and Welfare Implications of Credit Card Interchange Fees (with S. Chatterjee) (September 2025, link)
The Changing Polarization of Party Ideologies: The Role of Sorting (with S. Chatterjee) (November 2022 link)
Publications (with links to working paper versions)
The Firm Size and Leverage Relationship and Its Implications for Entry and Business Concentration (with S. Chatterjee), accepted Review of Economic Dynamics, March 2022. link
Policy Inertia, Election Uncertainty and Incumbency Disadvantage of Political Parties (with S. Chatterjee), Review of Economic Studies, 87(6), November 2020, pp. 2600-2638. link
Endogenous Political Turnover and Fluctuations in Sovereign Default Risk (with S. Chatterjee), Journal of International Economics, 117, March 2019, pp. 37-50. link
A Tractable City Model for Aggregative Analysis (with S. Chatterjee), International Economic Review, 58 (1), 2017, pp.127-155. link
Continuous Markov Equilibria with Quasi-Geometric Discounting (with S. Chatterjee), Journal of Economic Theory, 163 (May), 2016, pp. 467-494. link
A Seniority Arrangement for Sovereign Debt (with S. Chatterjee), American Economic Review, 105(12), 2015, 3740-3765. link
Quantitative Analysis of the US Housing and Mortgage Markets and the Foreclosure Crisis (with S. Chatterjee), Review of Economic Dynamics, 18(2), 2015, pp. 165-184. link
Maturity, Indebtedness, and Default Risk (with S. Chatterjee) American Economic Review, 102(6), 2012, pp. 2674-2699. link
Specific Capital and Vintage Effects on the Dynamics of Unemployment and Vacancies, American Economic Review, Vol. 100(3), June 2010. link
Economics Insights/Business Reviews
Labor Market Recovery During COVID, Third/Fourth Quarter 2022. link
House Price Booms, Then and Now, Second Quarter 2020. link
Government Debt in Domestic Hands During a Crisis, Third Quarter 2017. link
Housing’s Role in the Slow Recovery, Second Quarter 2016. link
Rising Disability Rolls: Causes, Effects, and Possible Cures, Fourth Quarter 2014. link
Debt Dilution: When it is A Major Problem and How to Deal with it, Fourth Quarter 2013.