About Consumer Payments Research Center

Economists and payments experts who expore consumer preferences and behavior

The Consumer Payments Research Center conducts survey, econometric and theoretical research on consumer payments in order to contribute to public policy that maximizes the welfare of all members of the economy.

The center fills a knowledge gap on the demand-side of money and payments, by focusing on consumer payment preferences and behavior.

  • Goals
  • Invitation to Scholars
  • Visiting Scholars
  • Advisory Board
  • Staff

Goals

  • Study the demand for money and payments to help the Federal Reserve forecast, plan, and implement efficient supply and pricing of payment services.
  • Evaluate consumers' preferences and financial literacy to help the Federal Reserve and Congress protect and support consumer payment choices.
  • Support industry efforts to develop new or improved payment instruments that satisfy consumer preferences.

Invitation to Scholars

Economists and survey researchers at the center are interested in working with scholars who study the demand for money and payments, assess consumer protection and financial literacy, study payment markets and examine consumer behavior.

  • Data Sharing. Free data download for researchers and analysts.
  • Visiting Scholars. Short- and long-term appointments.
  • Joint Research. Proposals welcome, travel to Boston not required.

Learn more about opportunities for scholars.

Visiting Scholars

Visiting Graduate Fellows

  • Hoai-Luu Nguyen (2013-present)
    MIT
  • Stacy Carlson (2014-present)
    MIT

2013 Advisory Board

  • Barbara Bennett (joined 2009)
    Federal Reserve System
  • Debbie Bianucci (2013)
    Bank Administration Institute
  • Andrew Caplin (2009)
    New York University
  • Bob Chakravort (2012)
    The Clearing House
  • Richard Curtin (2009)
    University of Michigan
  • Janet Estep (2013)
    NACHA
  • David Evans (2011)
    Market Platform Dynamics
  • Geoffrey Gerdes (2009)
    Federal Reserve Board
  • Ray Graber (2013)
    Graber Associates
  • Fumiko Hayashi (2009)
    FRB Kansas City
  • Tony Hayes (2013)
    Oliver Wyman
  • Dave Humphrey (2009)
    Florida State University
  • Robert Hunt (2013)
    FRB Philadelphia
  • Kim P. Huynh (2013)
    Bank of Canada
  • Roger Johnston (2010)
    Fiserv
  • Dan Littman (2009)
    FRB Cleveland
  • May Liu (2011)
    Federal Reserve Board
  • Leon Majors (2009)
    ESP/Phoenix Consulting
  • Bill McCracken (2009)
    Synergistics Research
  • Aaron McPherson (2009)
    FIS Global
  • Steve Mott (2010)
    BetterBuyDesign
  • John Sabelhaus (2012)
    Federal Reserve Board
  • Adam Safir (2014)
    Bureau of Labor Statistics
  • Peter Shortall (2013)
    MasterCard Advisors
  • Martha Starr (2009)
    American University
  • Chris Van Steenberg (2013)
    Citzens Bank
  • Tom Welander (2009)
    McKinsey
  • Jane Yao (2009)
    American Bankers Association
  • Jay Zagorsky (2010)
    Ohio State University

Former Advisors

  • Carlos Arango (2009-2010)
    Bank of Canada
  • Paul Bauer (2009)
    Federal Reserve Bank of Cleveland
  • Marla Blow (2013-2014)
    Consumer Financial Protection Bureau
  • Peter Burns (2009-2012)
    FRB Philadelphia (retired)
  • Jeff Carter (2009)
    MIT Media Lab
  • Chad Harper (2009)
    FRB San Francisco
  • Peter Ireland (2009)
    Boston College
  • Beth Klee(2009)
    Federal Reserve BOG
  • Rich Oliver (2009 - 2011)
    FRB Atlanta
  • William Roberds (2011 - 2012)
    FRB Atlanta
  • Jay Ryan (2013 - 2014)
    Bureau of Labor Statistics
  • Geoffrey Thomas (2011 - 2012)
    Citizens Bank
  • Adrienne Wells (2009 - 2010)
    FRB Atlanta

Staff