Karen Pence (economist) explained

Website:	https://works.bepress.com/karen_pence/
Field:	Real estate economics, financial economics
Work Institutions:	Federal Reserve Board of Governors

Karen M. Pence is an American economist who is Deputy Associate Director of the Research and Statistics Division of the Federal Reserve Board of Governors,^[1] responsible for the Survey of Consumer Finances, and former Chair of the Board of the Panel Study of Income Dynamics.^[2] She is a past president of the American Real Estate and Urban Economics Association.^[3]

Her research focuses on household housing finance, particularly mortgage lending and mortgage default.^{[4] [5] [6]}

Selected works

• Mayer, Christopher, Karen Pence, and Shane M. Sherlund. "The rise in mortgage defaults." Journal of Economic perspectives 23, no. 1 (2009): 27–50.
• Dynan, Karen, Atif Mian, and Karen M. Pence. "Is a household debt overhang holding back consumption?[with comments and discussion]." Brookings Papers on Economic Activity (2012): 299–362.
• Pence, Karen M. "Foreclosing on opportunity: State laws and mortgage credit." Review of Economics and Statistics 88, no. 1 (2006): 177–182.
• Campbell, Sean, Daniel Covitz, William Nelson, and Karen Pence. "Securitization markets and central banking: An evaluation of the term asset-backed securities loan facility." Journal of Monetary Economics 58, no. 5 (2011): 518–531.
• Pence, Karen M. "The role of wealth transformations: An application to estimating the effect of tax incentives on saving." The BE Journal of Economic Analysis & Policy 5, no. 1 (2006).

Notes and References

1. Web site: The Fed - Karen M. Pence. 2020-10-27. www.federalreserve.gov.
2. Web site: CSWEP At-Large: Karen Pence. 2020-10-27. www.aeaweb.org.
3. Web site: AREUEA Board Members. 2020-10-27. www.areuea.org.
4. Web site: AREUEA BIO: Karen Pence, First Vice President. 2020-10-27. www.areuea.org.
5. Web site: Hilsenrath. Jon. 2010-01-05. Fed Economist: Housing Is a Lousy Investment. 2020-10-27. WSJ. en-US.
6. Web site: A decade after housing bust, mortgage industry on shaky ground, experts warn: A boom in fragile nonbank lenders has put the system at risk of another meltdown. 2020-10-27. ScienceDaily. en.