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

  • Federal Reserve Bank of New York

    • Email
    • Tel: 212-720-8699
    • Fax: 212-720-1844
SCHOLARLY PAPERS

18

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6,018

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144

CROSSREF CITATIONS

211

Scholarly Papers (18)

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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
Zachary Bleemer, Meta Brown, Donghoon Lee and Wilbert van der Klaauw
University of California - Department of Economics, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 1,593 (16,212)
Citation 16

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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
Andrew Haughwout, Donghoon Lee, Joseph S. Tracy and Wilbert van der Klaauw
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 1,195 (24,952)
Citation 108

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mortgages, leverage

3.

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

Downloads 692 ( 53,301)
Citation 21

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
Meta Brown, Andrew Haughwout, Donghoon Lee and Wilbert van der Klaauw
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 419 (98,072)
Citation 11

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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
Meta Brown, Andrew Haughwout, Donghoon Lee and Wilbert van der Klaauw
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 273 (156,632)
Citation 14

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household debt, mortgages, household finance, financial crisis

4.

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
Zachary Bleemer, Meta Brown, Donghoon Lee, Katherine Strair and Wilbert van der Klaauw
University of California - Department of Economics, 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 456 (89,713)
Citation 5

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homeownership, student loans, household formation

5.

Measuring Student Debt and Its Performance

FRB of New York Staff Report No. 668
Number of pages: 21 Posted: 11 Apr 2014
Donghoon Lee, Wilbert van der Klaauw, Andrew Haughwout, Meta Brown and Joelle Scally
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 419 (98,922)
Citation 6

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student debt, household debt

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 339 (125,714)
Citation 100

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Household Credit, Consumer Debt, Mortgage Liabilities, Panel Data

7.

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 308 (138,999)
Citation 54

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labor mobility, service sector growth, labor market equilibrium

8.

Trends in Household Debt and Credit

FRB of New York Staff Report No. 882
Number of pages: 40 Posted: 03 Apr 2019
Andrew Haughwout, Donghoon Lee, Joelle Scally, Lauren Thomas and Wilbert van der Klaauw
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 233 (183,736)
Citation 2

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household finance, consumer debt

9.

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 150 (270,563)
Citation 19

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

10.

Intermediation Frictions in Debt Relief: Evidence from CARES Act Forbearance

Downloads 132 (298,944)

Intermediation Frictions in Debt Relief: Evidence from CARES Act Forbearance

Number of pages: 64 Posted: 10 Sep 2021 Last Revised: 07 Mar 2022
You Suk Kim, Donghoon Lee, Therese C. Scharlemann and James I. Vickery
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 119 (324,258)

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

Intermediation Frictions in Debt Relief: Evidence from Cares Act Forbearance

FEDS Working Paper No. 2022-17
Number of pages: 65 Posted: 12 Apr 2022
You Suk Kim, Donghoon Lee, Therese C. Scharlemann and James I. Vickery
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 13 (791,050)

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

11.

Household Debt and Saving During the 2007 Recession

Downloads 125 (311,419)

Household Debt and Saving During the 2007 Recession

FRB of New York Staff Report No. 482
Number of pages: 67 Posted: 15 Jan 2011
Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw and Basit Zafar
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 101 (363,493)

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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: 13 Jun 2022
Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw and Basit Zafar
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Arizona State University
Downloads 24 (692,721)

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12.

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
Meta Brown, Andrew Haughwout, Donghoon Lee and Wilbert van der Klaauw
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York
Downloads 108 (345,092)
Citation 21

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consumer debt, measurement

13.

Long-Term Outcomes of FHA First-Time Homebuyers

Downloads 92 (382,756)
Citation 3

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 61 (487,384)
Citation 3

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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 31 (640,882)

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FHA mortgages, first-time homebuyers, Federal Housing Administration

14.

A New Look at Second Liens

Downloads 91 (385,380)
Citation 8

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
Donghoon Lee, Christopher J. Mayer and Joseph S. Tracy
Federal Reserve Bank of New York, Columbia University - Columbia Business School, Finance and National Bureau of Economic Research (NBER)
Downloads 65 (471,684)

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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 2022
Donghoon Lee, Christopher J. Mayer and Joseph S. Tracy
Federal Reserve Bank of New York, Columbia University - Columbia Business School, Finance and National Bureau of Economic Research (NBER)
Downloads 26 (676,883)
Citation 1

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15.

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

Number of pages: 41 Posted: 11 Feb 2022
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 46 (543,846)

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

16.

An Estimable Dynamic General Equilibrium Model of Work, Schooling, and Occupational Choice

Number of pages: 34 Posted: 03 Feb 2005
Donghoon Lee
Federal Reserve Bank of New York
Downloads 22 (687,912)
Citation 5

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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 2022
Sang Lee, Yongseok Shin and Donghoon Lee
University of Mannheim, Washington University in St. Louis - Department of Economics and Federal Reserve Bank of New York
Downloads 17 (728,031)
Citation 4

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18.

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
Meta Brown, Donghoon Lee, Joelle Scally and Wilbert van der Klaauw
Federal Reserve Bank of New York, Federal Reserve Bank of New York, Federal Reserve Bank of New York and Federal Reserve Bank of New York

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