Contact Information
202-452-3325
andreas.lehnert@frb.gov

Fields of Interest
Banking and Financial Institutions
Consumption
Real Estate

Education
Ph.D., Economics, University of Chicago, 1998
M.Sc., Economics, London School of Economics and Political Science, 1992
B.A., Mathematics, Trinity University, 1991

Professional Experience
Board of Governors of the Federal Reserve System, 1998-present

Selected Publications

• ''Mutual Funds and the U.S. Equity Market'' (with Eric M. Engen), Federal Reserve Bulletin, vol. 86 (December 2000), pp. 797-812.
• ''Liquidity Constraints and Incentive Contracts'' (with Ethan Ligon and Robert M. Townsend), Macroeconomic Dynamics, vol. 3 (March 1999), pp. 1-47.
• Increasing Returns and Optimal Oscillating Labor Supply (with Bill Dupor), Finance and Economics Discussion Series 2002-22. Washington: Board of Governors of the Federal Reserve System, 2002.
• “Does the Community Reinvestment Act (CRA) Cause Banks to Provide a Subsidy to Some Mortgage Borrowers? (with Glenn B. Canner, Elizabeth Laderman, and Wayne Passmore), Finance and Economics Discussion Series 2002-19. Washington: Board of Governors of the Federal Reserve System, 2002.
• Consumption, Debt, and Portfolio Choice: Testing the Effect of Bankruptcy Law (with Dean M. Maki), Finance and Economics Discussion Series 2002-14. Washington: Board of Governors of the Federal Reserve System, 2002.
• Pricing Systemic Crises: Monetary and Fiscal Policy When Savers are Uncertain (with Wayne Passmore), Finance and Economics Discussion Series 1999-33. Washington: Board of Governors of the Federal Reserve System, 1999.
• Asset Pooling, Credit Rationing, and Growth, Finance and Economics Discussion Series 1998-52. Washington: Board of Governors of the Federal Reserve System, 1998.