Photo of Benjamin S. Kay

Benjamin S. Kay

Education

  • Ph.D., Economics, University of California - San Diego, 2012
  • M.A., Economics, University of California - San Diego, 2008
  • B.S., Economics and Statistics, Carnegie Mellon University, 2002
Current Research Topics
  • Macroprudential Policy
  • Bank Lending Standards
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2017 - present
  • Economist

    Office of Financial Research -- US Treasury Department

    2012 - 2017
  • Kay, Benjamin S., and Cindy M. Vojtech (2016). "Corporate Governance Responses to Director Rule Changes," Journal of Leadership, Accountability and Ethics, vol. 13, no. 1, pp. 49-69.
  • Neuberg, Richard, Paul Glasserman, Benjamin Kay, and Sriram Rajan (2016). "The Market-Implied Probability of European Government Intervention in Distressed Banks," OFR Working Paper, no. 16-10. Office of Financial Research.
  • Vojtech, Cindy M., Benjamin S. Kay, and John C. Driscoll (2016). "The Real Consequences of Bank Mortgage Lending Standards," Working Papers 2016-05. Office of Financial Research.
  • Eden, Maya, and Benjamin Kay (2015). "Safe Assets as Commodity Money," OFR Working Paper, no. 15-23. Office of Financial Research.
  • Kay, Benjamin S. (2015). "The Effects of Housing Adjustment Costs on Consumption Dynamics," Staff Discussion Paper, no. 2015-03. Office of Financial Research.
  • Kay, Benjamin S., and Cindy M. Vojtech (2015). "Corporate Governance Responses to Director Rule Changes," Staff Discussion Papers 2015-02. Office of Financial Research.
  • Kay, Benjamin S., Mark D. Manuszak, and Cindy M. Vojtech (2014). "Bank Profitability and Debit Card Interchange Regulation: Bank Responses to the Durbin Amendment," Finance and Economics Discussion Series 2014-77. Board of Governors of the Federal Reserve System (U.S.).
  • Kay, Benjamin S. (2012). "Essays on Frictions in Financial Macroeconomics," Ph.D. dissertation, University of California, San Diego.
Last update: February 5, 2018