Paul S. Willen is a senior economist and policy advisor in the Federal Reserve Bank of Boston Research Department. His research focuses on household financial management; he recently has spent much of his time studying mortgage markets. His research appears in the Review of Economics and Statistics, Economic Theory, the Journal of Finance, the Journal of Public Economics, the Journal of Urban Economics, the NBER Macro Annual, the Brookings Papers on Economic Activity, and elsewhere. Willen’s research on the origins of the subprime mortgage crisis has appeared in scholarly journals and has been cited in virtually every major newspaper in the United States. Prior to joining the Boston Fed in 2004, Willen was on the faculty at Princeton University and the University of Chicago. He is a visiting lecturer at Harvard University and has been a visiting member of the faculty at the Massachusetts Institute of Technology. Willen did his undergraduate work at Williams College and earned his Ph.D. from Yale University.
Senior Economist and Policy Advisor, Research, Federal Reserve Bank of Boston