Contact Information
202-452-2995
geng.li@frb.gov

Fields of Interest
Macroeconomics
Consumer Finance
Monetary Economics

Education
Ph.D., Economics, University of Michigan, 2006
M.A., Economics, University of New Mexico, 1998
B.A., Economics, Nankai University, 1997

Professional Experience
Board of Governors of the Federal Reserve System, 2005-present

Selected Publications

• ''Do Homeowners Increase Consumption after the Last Mortgage Payment? An Alternative Test of the Permanent Income Hypothesis '' (with Brahima Coulibaly), Review of Economics and Statistics, vol. 88 (February 2006), pp. 10-19.
• ''Transaction Costs and Consumption,'' Journal of Economic Dynamics and Control, vol. 33 (June 2009), pp. 1263-1277.
• ''Choice of Mortgage Contracts: Evidence from the Survey of Consumer Finances'' (with Brahima Coulibaly), Real Estate Economics (forthcoming).
• ''Household Liability Data in the Consumer Expenditure Survey'' (with Kathleen Johnson), Monthly Labor Review (forthcoming).
• ''New Expenditure Data in the Panel Study of Income Dynamics: Comparisons with the Consumer Expenditure Survey Data'' (with Robert Schoeni, Sheldon Danziger, and Kerwin Charles), Monthly Labor Review (forthcoming).
• Do High Debt Payments Hinder Household Consumption Smoothing? (with Kathleen Johnson), Finance and Economics Discussion Series 2007-52. Washington: Board of Governors of the Federal Reserve System, 2007.
• Learning By Investing: Embodied Technology and Business Cycles , Finance and Economics Discussion Series 2007-15. Washington: Board of Governors of the Federal Reserve System, 2007.
• Studying Consumption with the Panel Study of Income Dynamics: Comparisons with the Consumer Expenditure Survey and an Application to the Intergenerational Transmission of Well-being (with Kerwin Charles, Sheldon Danziger, and Robert Schoeni), Finance and Economics Discussion Series 2007-16. Washington: Board of Governors of the Federal Reserve System, 2007.
• Lifecycle Dynamics of Income Uncertainty and Consumption (with James Feigenbaum), Finance and Economics Discussion Series 2008-27. Washington: Board of Governors of the Federal Reserve System, 2008.
• Household Borrowing after Personal Bankruptcy (with Song Han), Finance and Economics Discussion Series 2009-17. Washington: Board of Governors of the Federal Reserve System, 2009.
• New Evidence on 401(k) Borrowing and Household Balance Sheets (with Paul Smith), Finance and Economics Discussion Series 2009-19. Washington: Board of Governors of the Federal Reserve System, 2009.
• Do Constraints on Market Work Hours Change Home Production Efforts?, Finance and Economics Discussion Series 2009-21. Washington: Board of Governors of the Federal Reserve System, 2009.