Donghoon Lee

Federal Reserve Bank of New York

Senior Economist

33 Liberty Street

New York, NY 10045

United States

New York University

NY

United States

SCHOLARLY PAPERS

26

DOWNLOADS
Rank 11,251

SSRN RANKINGS

Top 11,251

in Total Papers Downloads

8,125

SSRN CITATIONS
Rank 5,523

SSRN RANKINGS

Top 5,523

in Total Papers Citations

193

CROSSREF CITATIONS

144

Scholarly Papers (26)

1.

Debt, Jobs, or Housing: What's Keeping Millennials at Home?

FRB of New York Staff Report No. 700
Number of pages: 49 Posted: 26 Nov 2014
Yale School of Management, Ohio State University (OSU), Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 1,905 (16,848)
Citation 26

Abstract:

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student loans, household information

2.

Real Estate Investors, the Leverage Cycle, and the Housing Market Crisis

FRB of New York Staff Report No. 514
Number of pages: 52 Posted: 13 Sep 2011
Federal Reserve Bank of New York, Federal Reserve Bank of New York, National Bureau of Economic Research (NBER) and Federal Reserve Bank of New York
Downloads 1,605 (22,016)
Citation 162

Abstract:

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mortgages, leverage

The Financial Crisis at the Kitchen Table: Trends in Household Debt and Credit

Current Issues in Economics and Finance, Vol. 19, No. 2, 2013
Number of pages: 10 Posted: 20 May 2013
Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 561 (93,004)
Citation 10

Abstract:

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household debt, mortgages, household finance, financial crisis

The Financial Crisis at the Kitchen Table: Trends in Household Debt and Credit

FRB of New York Staff Report No. 480
Number of pages: 30 Posted: 05 Jan 2011
Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 298 (192,868)
Citation 14

Abstract:

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household debt, mortgages, household finance, financial crisis

4.

Measuring Student Debt and Its Performance

FRB of New York Staff Report No. 668
Number of pages: 21 Posted: 11 Apr 2014
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York, Ohio State University (OSU) and Federal Reserve Bank of New York
Downloads 585 (89,314)
Citation 6

Abstract:

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student debt, household debt

5.

Echoes of Rising Tuition in Students’ Borrowing, Educational Attainment, and Homeownership in Post-Recession America

FRB of NY Staff Report No. 820
Number of pages: 50 Posted: 17 Jul 2017
Yale School of Management, Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 534 (100,157)
Citation 16

Abstract:

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homeownership, student loans, household formation

6.

An Introduction to the FRBNY Consumer Credit Panel

FRB of New York Staff Report No. 479
Number of pages: 18 Posted: 03 Dec 2010
Donghoon Lee and Wilbert van der Klaauw
Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 506 (106,962)
Citation 273

Abstract:

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Household Credit, Consumer Debt, Mortgage Liabilities, Panel Data

7.

Trends in Household Debt and Credit

FRB of New York Staff Report No. 882
Number of pages: 40 Posted: 03 Apr 2019
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 465 (118,329)
Citation 2

Abstract:

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household finance, consumer debt

8.

Intersectoral Labor Mobility and the Growth of the Service Sector

Number of pages: 69 Posted: 14 Sep 2004
Donghoon Lee and Kenneth I. Wolpin
Federal Reserve Bank of New York and University of Pennsylvania - Department of Economics
Downloads 340 (168,700)
Citation 54

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labor mobility, service sector growth, labor market equilibrium

Intermediation Frictions in Debt Relief: Evidence from CARES Act Forbearance

Number of pages: 68 Posted: 10 Sep 2021 Last Revised: 06 Sep 2022
Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Philadelphia
Downloads 145 (378,656)
Citation 3

Abstract:

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mortgage, forbearance, debt relief, CARES Act, COVID-19, liquidity

Intermediation Frictions in Debt Relief: Evidence from CARES Act Forbearance

FRB of New York Staff Report No. 1035, 2022
Number of pages: 69 Posted: 17 Oct 2022
Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Philadelphia
Downloads 99 (507,058)

Abstract:

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mortgage, forbearance, liquidity, nonbank, CARES Act, COVID-19

Intermediation Frictions in Debt Relief: Evidence from Cares Act Forbearance

FEDS Working Paper No. 2022-17
Number of pages: 65 Posted: 12 Apr 2022
Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Philadelphia
Downloads 39 (825,396)
Citation 2

Abstract:

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Mortgage, Forbearance, Debt relief, CARES Act, COVID-19, Liquidity

10.

Accounting for Wage and Employment Changes in the U.S. From 1968-2000: A Dynamic Model of Labor Market Equilibrium, Second Version

PIER Working Paper No. 06-005
Number of pages: 62 Posted: 10 Mar 2006
Donghoon Lee and Kenneth I. Wolpin
Federal Reserve Bank of New York and University of Pennsylvania - Department of Economics
Downloads 173 (326,047)
Citation 25

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Male-Female Wage Differential, Wage Inequality, College Wage Premium

11.
Downloads 160 (348,797)
Citation 6

Long-Term Outcomes of FHA First-Time Homebuyers

Economic Policy Review, Vol. 24, No. 3, 2018
Number of pages: 21 Posted: 10 Dec 2018
Donghoon Lee and Joseph S. Tracy
Federal Reserve Bank of New York and National Bureau of Economic Research (NBER)
Downloads 111 (466,464)
Citation 3

Abstract:

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FHA mortgages, first-time homebuyers, Federal Housing Administration

Long-term Outcomes of FHA First-time Homebuyers

FRB of New York Staff Report No. 839
Number of pages: 25 Posted: 28 Feb 2018
Donghoon Lee and Joseph S. Tracy
Federal Reserve Bank of New York and National Bureau of Economic Research (NBER)
Downloads 49 (751,606)

Abstract:

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FHA mortgages, first-time homebuyers, Federal Housing Administration

Household Debt and Saving During the 2007 Recession

FRB of New York Staff Report No. 482
Number of pages: 67 Posted: 15 Jan 2011
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 115 (454,090)

Abstract:

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Household Debt and Saving, 2007 Recession, Credit Access, Mortgage Debt

Household Debt and Saving During the 2007 Recession

NBER Working Paper No. w16999
Number of pages: 67 Posted: 02 May 2011 Last Revised: 14 Jun 2023
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 42 (802,043)

Abstract:

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13.

Do We Know What We Owe? A Comparison of Borrower- and Lender-Reported Consumer Debt

FRB of New York Staff Report No. 523
Number of pages: 59 Posted: 21 Oct 2011
Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 150 (367,904)
Citation 25

Abstract:

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consumer debt, measurement

14.

Do We Know What We Owe? Consumer Debt as Reported by Borrowers and Lenders

Economic Policy Review, Issue 21-1, pp. 19-44, 2015
Number of pages: 26 Posted: 22 Oct 2015
Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 131 (409,587)

Abstract:

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Microeconomics, Banking and Finance, consumer debt, measurement

15.
Downloads 129 (414,453)
Citation 9

A New Look at Second Liens

FRB of New York Staff Report No. 569, Columbia Business School Research Paper No. 12/45
Number of pages: 40 Posted: 15 Aug 2012
Federal Reserve Bank of New York, Columbia University - Columbia Business School, Finance and National Bureau of Economic Research (NBER)
Downloads 87 (552,003)

Abstract:

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mortgage, second lien

A New Look at Second Liens

NBER Working Paper No. w18269
Number of pages: 40 Posted: 01 Sep 2012 Last Revised: 03 Jun 2023
Federal Reserve Bank of New York, Columbia University - Columbia Business School, Finance and National Bureau of Economic Research (NBER)
Downloads 42 (802,043)
Citation 2

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16.

Market Structure and the Availability of Credit: Evidence from Auto Credit

MIT Sloan Research Paper 6879-22
Number of pages: 41 Posted: 11 Feb 2022 Last Revised: 14 May 2023
Donghoon Lee, Michael Lee and Reed Orchinik
Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and MIT Sloan
Downloads 108 (473,285)

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Household finance, consumer credit, stress tests, availability of credit, market structure

17.

The Option Value of Human Capital: Higher Education and Wage Inequality

NBER Working Paper No. w21724
Number of pages: 51 Posted: 16 Nov 2015 Last Revised: 12 May 2023
Sang Lee, Yongseok Shin and Donghoon Lee
University of Mannheim, Washington University in St. Louis and Federal Reserve Bank of New York
Downloads 35 (835,057)
Citation 4

Abstract:

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18.

Delinquency Is Increasingly in the Cards for Maxed‑Out Borrowers

Liberty Street Economics
Posted: 14 May 2024
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York

Abstract:

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Consumer Credit Panel (CCP), household finance

19.

How Are They Now? A Checkup on Homeowners Who Experienced Foreclosure

Liberty Street Economics
Posted: 10 May 2024
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

Abstract:

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Consumer Credit Panel (CCP), household finance, foreclosure, housing

20.

The New York Fed Consumer Credit Panel: A Foundational CMD Data Set

Liberty Street Economics
Posted: 18 Apr 2024
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

Abstract:

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credit bureau, student debt, Great Financial Crisis, pandemic

21.

Auto Loan Delinquency Revs Up as Car Prices Stress Budgets

Liberty Street Economics
Posted: 08 Feb 2024
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York

Abstract:

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household finance, Consumer Credit Panel (CCP), auto loans

22.

FHA First-Time Buyer Homeownership Sustainability: An Update

Liberty Street Economics
Posted: 30 Nov 2023
Donghoon Lee and Joseph Tracy
Federal Reserve Bank of New York and American Enterprise Institute (AEI)

Abstract:

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first-time home buyers

23.

Credit Card Delinquencies Continue to Rise—Who Is Missing Payments?

Liberty Street Economics
Posted: 15 Nov 2023
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Banks - Federal Reserve Bank of New York

Abstract:

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household finance, Consumer Credit Panel (CCP)

24.

An Update on the Health of the U.S. Consumer

Liberty Street Economics
Posted: 20 Oct 2023
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York - Research Department, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

Abstract:

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consumption, excess savings, household finance, forecasting

25.

Credit Card Markets Head Back to Normal after Pandemic Pause

Liberty Street Economics
Posted: 15 Aug 2023
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

Abstract:

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household finance, Consumer Credit Panel (CCP), credit cards

26.

The Graying of American Debt

Wharton Pension Research Council Working Paper No. 2019-09, Published in Mitchell, O., and A. Lusardi (Eds.) (2020). Remaking Retirement: Debt in an Aging Economy. Oxford, UK: Oxford University Press.
Posted: 20 Feb 2020 Last Revised: 04 Mar 2022
Ohio State University (OSU), Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

Abstract:

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older adults, debt, home-secured debt, Great Recession