# Academic Publications "Wealth Effects and Macroeconomic Dynamics, " with Daniel Cooper, in *Journal of Economic Surveys* (September 2014). Working paper version available at: [http://onlinelibrary.wiley.com/doi/10.1111/joes.12090/epdf](/file_url/105). "The Relationship Between Leverage and Household Spending Behavior: Evidence from the 2007-2009 Survery of Consumer Finances," with Wendy Edelberg, in *Federal Reserve Bank of St. Louis Review*, vol. 95 (Septenber/October 2013). Available at: . "The Evolution of Household Income Volatility." *The B.E. Journal of Economic Analysis & Policy: Advances* (December 2012). Available as working paper at: [http://papers.ssrn.com/sol3/papers.cfm?abstract\_id=2138990](http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2138990). "Changing Retirement Behavior in the Wake of the Financial Crisis," with Julia Coronado, in Olivia Mitchell, ed., *Reshaping Retirement Security: Lessons from the Global Financial Crisis,* Oxford: Oxford University Press (September 2012). Available as working paper at: . "Is a Household Debt Overhang Holding Back Consumption?" *Brookings Papers on Economic Activity* (Spring 2012). Available at: [https://www.brookings.edu/wp-content/uploads/2016/06/2012a\_Dynan.pdf](https://www.brookings.edu/wp-content/uploads/2016/06/2012a_Dynan.pdf). "The Government's Role in the Housing Finance System: Where Do we Go From Here?" with Ted Gayer, in Martin Baily, ed., *The Future of Housing Finance,* Washington, DC: Brookings Institution Press (2011). Available at: . "Comment on Inflation Dynamics and the Great Recession," *Brookings Papers on Economic Activity* (Spring 2011). Available at: . "The Incentives of Mortgage Servicers and Designing Loan Modifications to Address the Mortgage Crisis," with Larry Cordell, Andreas Lehnert, Nellie Liang, and Eileen Mauskopf, in Robert W. Kolb, ed., *Lessons From the Financial Crisis: Causes, Consequences, and Our Economic Future*, Hoboken, NJ: John Wiley & Sons, Inc. (2010). "Changing Household Financial Opportunities and Economic Security," *Journal of Economic Perspectives,* vol. 23 (Fall 2009). Available at: . "Designing Loan Modifications to Address the Mortgage Crisis and the Making Home Affordable Program," with Larry Cordell, Andreas Lehnert, Nellie Liang, and Eileen Mauskopf, *Uniform Commercial Code Law Journal,* vol. 42 (November 2009). Available at: . "The Incentives of Mortgage Servicers: Myths and Realities," with Larry Cordell, Andreas Lehnert, Nellie Liang, and Eileen Mauskopf, *Uniform Commercial Code Law Journal,* vol. 41 (Spring 2009). Available at: . "The effects of Population Aging on the Relationship among Aggregate Consumption, Saving, and Income," with Wendy Edelberg and Michael G. Palumbo, *American Economic Review*, vol. 99 (May 2009). Available at: . "The Rise in U.S. Household Indebtedness: Causes and Consequences," with Donald L. Kohn, in Christopher Kent and Jeremy Lawson, eds., *The Structure and Resilience of the Financial System*, Proceedings of a Conference, Reserve Bank of Australia, Sydney (2007). Available as working paper at: . "Increasing Income Inequality, External Habits, and Self-Reported Happiness," with Enrichetta Ravina, *American Economic Review,* vol. 97 (May 2007). Available at: . "Can Financial Innovation Explain the Reduced Volatility of Economic Activity?," with Douglas W. Elmendorf and Daniel Sichel, *Journal of Monetary Economics*, vol. 53 (January 2006). Available at: [https://doi.org/10.1016/j.jmoneco.2005.10.012](https://www-sciencedirect-com.ezp-prod1.hul.harvard.edu/science/article/pii/S0304393205001455). "Do the Rich Save More?," with Jonathan Skinner and Steve Zeldes, *Journal of Political Economy*, vol. 112 (April 2004). "Recent Changes to a Measure of U.S. Household Debt Service," with Kathleen Johnson and Karen Pence, *Federal Reserve Bulletin*, vol. 89 (October 2003). Available at: [http://www.heinonline.org.ezp-prod1.hul.harvard.edu/HOL/Page?handle=hein.journals/fedred89&id=1149&collection=tera&index=journals/fedred](http://www.heinonline.org.ezp-prod1.hul.harvard.edu/HOL/Page?handle=hein.journals/fedred89&id=1149&collection=tera&index=journals/fedred). "Unemployment Risk and Precautionary Wealth: Evidence from Households' Balance Sheets," with Christopher D. Carroll and Spencer D. Krane, *Review of Economics and Statistics*, vol. 85 (August 2003). Available at: . "Mortgage Refinancing in 2001 and Early 2002," with Glenn Canner and Wayne Passmore, *Federal Reserve Bulletin*, vol. 88 (December 2002). Available at: . "The Importance of Bequests and Life-Cycle Saving in Capital Accumulation: A New Answer," with Jonathan Skinner and Stephen P. Zeldes, *American Economic Review*, vol. 92 (May 2002). Available at: . "Survey of Finance Companies, 2000," with Kathleen W. Johnson and Samuel M. Slowinski, *Federal Reserve Bulletin*, vol.88 (January 2002). Available at: . "Habit Formation in Consumer Preferences: Evidence from Panel Data," *American Economic Review*, vol. 90 (June 2000). Available at: . "The Underrepresentation of Women in Economics: A Study of the Undergraduate Economics Students," with Cecilia Rouse, *Journal of Economic Education*, vol. 28 (Autumn 1997). Available at: [http://www.jstor.org.ezp-prod1.hul.harvard.edu/stable/1183419?seq=1#page\_scan\_tab\_contents](http://www.jstor.org.ezp-prod1.hul.harvard.edu/stable/1183419?seq=1#page_scan_tab_contents). "How Prudent Are Consumers?" *Journal of Political Economy*, vol. 101 (December 1993). Available at: [http://www.jstor.org.ezp-prod1.hul.harvard.edu/stable/2138573?seq=1#page\_scan\_tab\_contents](http://www.jstor.org.ezp-prod1.hul.harvard.edu/stable/2138573?seq=1#page_scan_tab_contents).