Paul Willen is a senior economist and policy advisor in the research department of the Federal Reserve Bank of Boston. Paul's research focuses on household financial management; recently he 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. Paul's research on the origins of the subprime 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, Paul was on the faculty at Princeton and the University of Chicago. He has also been a visiting member of the faculty at MIT in each of the last three years. Paul did his undergraduate work at Williams College and got his Ph.D. from Yale University.
Federal Reserve Bank of Boston
Senior Economist and Policy Advisor, 2007-
Senior Economist, 2004-2006
Massachusetts Institute of Technology
Visiting Associate Professor of Economics, Department of Economics, Fall 2006
National Bureau of Economic Research
Faculty Research Fellow, 2004-
University of Chicago
Assistant Professor, Graduate School of Business, 2000-2004
Assistant Professor, Department of Economics, 1997-2000
Ph.D., economics, Yale University, 1997
M. Phil., economics, Yale University, 1995
M.A., economics, Yale University, 1994
B.A., economics, Williams College, 1990
Referee: Review of Economic Studies, Econometrica, American Economic Review, Journal of Economic Theory, Journal of Political Economy, National Science Foundation, Review of Economic Dynamics, Journal of International Economics, Review of Financial Studies, Review of Economic Dynamics, Journal of Economic Dynamics and Control, BE Journals in Macroeconomics.
Recent seminar presentations: Boston College, Boston University, University of Chicago, Federal Reserve Board, Federal Reserve Banks of Boston, Chicago, Cleveland, and New York, Harvard, Northwestern, University of Venice, Wharton.
Recent conference presentations: American Economic Association Meetings (2007),Federal Reserve Macro System Meeting (Spring, Fall 2006), SED Meetings (Summer 2006), Econometric Sociewty Meetings (Summer 2006), NBER Summer Institute (Summer 2006), Federal Reserve Micro System Meeting (Spring 2006), Cowles-CARESS GE Conference (Spring 2006), Western Finance Association (Summer 2004).