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Photo of Gregory Elliehausen

Gregory Elliehausen

Principal Economist Consumer Finance Section Research and Statistics
202-452-2326
gregory.elliehausen@frb.gov

Education

  • Ph.D., Finance, Pennsylvania State University, 1984
  • B.S., Economics, Pennsylvania State University, 1974
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2015 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2012 - 2015
  • Economist

    Board of Governors of the Federal Reserve System

    2008 - 2012
  • Associate Research Professor

    George Washington University

    2006 - 2009
  • Senior Research Scholar

    Georgetown University

    1998 - 2005
  • Economist

    Board of Governors of the Federal Reserve System

    1981 - 1998
  • Bolen, J. Brandon, Gregory Elliehausen, and Thomas W. Miller Jr. (2020). "Do Consumers Need More Protection From Small-Dollar Lenders? Historical Evidence and a Roadmap for Future Research," Economic Inquiry, vol. 58, no. 4, pp. 1577-1613.
  • Chen, Lisa, and Gregory Elliehausen (2020). "The Cost Structure of Consumer Finance Companies and Its Implications for Interest Rates: Evidence from the Federal Reserve Board's 2015 Survey of Finance Companies," FEDS Notes 2020-08-12. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory (2019). "Behavioral Economics, Financial Literacy, and Consumers' Financial Decisions," in Berger, Allen N., Philip Molyneux, and John O. S. Wilson eds., The Oxford Handbook of Banking, Third Edition. London: Oxford University Press.
  • Chen, Lisa, Gregory Elliehausen, and Mark Wicks (2018). "Survey of Finance Companies, 2015," Federal Reserve Bulletin, vol. 104, no. 3, pp. 1-19.
  • Durkin, Thomas A., and Gregory Elliehausen (2018). "New Evidence on an Old Unanswered Question: The Decision to Purchase Credit Insurance and Other Debt Protection Products," Journal of Insurance Regulation, vol. 37, no. 9, pp. 219-240.
  • Elliehausen, Gregory, and Simona M. Hannon (2018). "The Credit Card Act and Consumer Finance Company Lending," Journal of Financial Intermediation, vol. 34, pp. 109-119.
  • Desai, Chintal A., and Gregory Elliehausen (2017). "The Effect of State Bans of Payday Lending on Consumer Credit Delinquencies," Quarterly Review of Economics and Finance, vol. 64, pp. 94-107.
  • Durkin, Thomas A., and Gregory Elliehausen (2017). "New Evidence on an Old Unanswered Question: Why Some Borrowers Purchase Credit Insurance and Other Debt Protection and Some Do Not," Finance and Economics Discussion Series 2017-122. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory, and Simona M. Hannon (2017). "The Credit Card Act and Consumer Finance Company Lending," Finance and Economics Discussion Series 2017-072. Board of Governors of the Federal Reserve System (U.S.).
  • Durkin, Thomas A., and Gregory Elliehausen (2015). "Consumer Credit," in Berger, Allen N., Philip Molyneux and John O. S. Wilson eds., The Oxford Handbook of Banking. London: Oxford University Press.
  • Desai, Chintal A., Gregory Elliehausen, and Edward C. Lawrence (2014). "On the County-Level Credit Outcome Beta," Journal of Financial Services Research, vol. 45, no. 2, pp. 201-218.
  • Durkin, Thomas A., Gregory Elliehausen, and Todd J. Zywicki. (2014) "An Assessment of Behavioral Law and Economics Contentions and What We Know Empirically About Credit Card Use by Consumers," Supreme Court Economic Review, vol. 22, no. 1, pp. 1-54.
  • Durkin, Thomas A., Gregory Elliehausen, Michael E. Staten, and Todd J. Zywicki (2014). "Consumer Credit and the American Economy." Financial Management Association Survey and Synthesis Series. Oxford and New York: Oxford University Press.
  • Durkin, Thomas A., Gregory Elliehausen, Michael E. Staten, and Todd Zywicki (2014). "Consumer Credit and the American Economy." New York: Oxford University Press.
  • Steinbuks, Jevgenijs, and Gregory Elliehausen (2014). "The Economic Effects of Legal Restrictions on High-Cost Mortgages," Journal of Real Estate Finance and Economics, vol. 49, no. 1, pp. 47-72.
  • Canner, Glenn B., and Gregory Elliehausen (2013). "Consumer Experiences with Credit Cards," Federal Reserve Bulletin, vol. 99, no. 5, pp. 1-36.
  • Desai, Chintal A., Gregory Elliehausen, and Jevgenijs Steinbuks (2013). "Effects of Bankruptcy Exemptions and Foreclosure Laws on Mortgage Default and Foreclosure Rates," Journal of Real Estate Finance and Economics, vol. 47, no. 3, pp. 391-415.
  • Elliehausen, Gregory (2013). "Review of no Slack: The Financial Lives of Low-Income American," Journal of Economic Literature, vol. 51, no. 2, pp. 544-548.
  • Elliehausen, Gregory, and Edward C. Lawrence (2013). "County-Level Bankruptcy Beta and its Impact on the Supply of Revolving Credit," Investment Management and Financial Innovations, vol. 10, no. 1, pp. 114-126.
  • Durkin, Thomas A., and Gregory Elliehausen (2012). "Consumer Lending," in Berger, Allen N., Philip Molyneux, and John O. S. Wilson eds., The Oxford Handbook of Banking. London: Oxford University Press.
  • Durkin, Thomas A., and Gregory Elliehausen (2012). "Consumers and Debt Protection Products: Results of a New Consumer Survey," Federal Reserve Bulletin, vol. 98, pp. 1-10.
  • Durkin, Thomas A., and Gregory Elliehausen (2011). "Truth in Lending: Theory, History, and a Way Forward." New York: Oxford University Press.
  • Elliehausen, Gregory E. (2010). "Implications of Behavioral Research for the use and Regulation of Consumer Credit Products," Finance and Economics Discussion Series 2010-25. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and Min Hwang (2010). "Mortgage Contract Choice in Subprime Mortgage Markets," Finance and Economics Discussion Series 2010-53. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory, E. Christopher Lundquist, and Michael E. Staten (2007). "The Impact of Credit Counseling on Subsequent Borrower Behavior," Journal of Consumer Affairs, vol. 41, no. 1, pp. 1-28.
  • Elliehausen, Gregory, and Michael E. Staten (2004). "Regulation of Subprime Mortgage Products: An Analysis of North Carolina's Predatory Lending Law," Journal of Real Estate Finance and Economics, vol. 29, no. 4, pp. 411-433.
  • Barron, John M., Gregory Elliehausen, and Michael E. Staten (2000). "Monitoring the Household Sector with Aggregate Credit Bureau Data," Business Economics, vol. 35, no. 1, pp. 63-76.
  • Elliehausen, Gregory, and Barbara R. Lowrey (2000). "The Costs of Implementing Regulatory Changes: The Truth in Savings Act," Journal of Financial Services Research, vol. 17, no. 2, pp. 165-172.
  • Durkin, Thomas A., and Gregory E. Elliehausen (1998). "The Cost Structure of the Consumer Finance Industry," Journal of Financial Services Research, vol. 13, no. 1, pp. 71-86.
  • Elliehausen, Gregory (1998). "The Cost of Banking Regulation: A Review of the Evidence," Staff studies 171. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory, and Barbara R. Lowrey (1997). "The Cost of Implementing Consumer Financial Regulations: An Analysis of Experience with the Truth in Savings Act," Staff studies 170. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and John D. Wolken (1993). "The Demand for Trade Credit: An Investigation of Motives for Trade Credit Use by Small Businesses," Staff Studies 165. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and John D. Wolken (1993). "The Demand for Trade Credit: An Investigation of Motives for Trade Credit use by Small Business," Federal Reserve Bulletin, vol. 79, no. 10, pp. 929-930.
  • Elliehausen, Gregory (1992). "Consumer Credit," in Newman, P., M. MIlgate and J. Eatwell eds., the New Palgrave Dictionary of Money and Finance. London: Macmillan.
  • Elliehausen, Gregory E., and John D. Wolken (1992). "Banking Markets and the use of Financial Services by Households," Federal Reserve Bulletin, vol. 78, no. 3, pp. 169-181.
  • Elliehausen, Gregory E., and John D. Wolken (1992). "Small Business Clustering of Financial Services and the Definition of Banking Markets for Antitrust Analysis," Antitrust Bulletin, vol. 37, no. 3, pp. 707-735.
  • Durkin, Thomas A., and Gregory E. Elliehausen (1991). "The Issue of Market Transparency: Truth-in-Lending Disclosure Requirements as Consumer Protections in the United States," in Mayer, Robert,N. ed., Enhancing Consumer Choice: Proceedings of the Second International Conference on Research in the Consumer Interest, Snowbird, Utah, U.S.A., August 1990. Columbia, Mo: American Council on Consumer Interests, pp. 255-265.
  • Elliehausen, Gregory E., and Edward C. Lawrence (1990). "Discrimination in Consumer Lending," The Review of Economics and Statistics, vol. 72, no. 1, pp. 156-160.
  • Elliehausen, Gregory E., and John D. Wolken (1990). "Banking Markets and the use of Financial Services by Small and Medium-Sized Businesses," Federal Reserve Bulletin, vol. 76, no. 10, pp. 801-817.
  • Elliehausen, Gregory E., and John D. Wolken (1990). "Banking Markets and the use of Financial Services by Small and Medium-Sized Businesses," Staff Studies 160. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and John D. Wolken (1990). "Market Definition and Product Segmentation for Household Credit," Journal of Financial Services Research, vol. 4, no. 1, pp. 21-35.
  • Cox, Brenda G., Gregory E. Elliehausen, and John D. Wolken (1989). "The National Survey of Small Business Finances: Description and Preliminary Evaluation," Finance and Economics Discussion Series 93. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and Edward C. Lawrence (1989). "Discrimination in Consumer Lending," Finance and Economics Discussion Series 60. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and Thomas A. Durkin (1989). "Theory and Evidence of the Impact of Equal Credit Opportunity: An Agnostic Review of the Literature," Journal of Financial Services Research, vol. 2, no. 2, pp. 89-114.
  • Avery, Robert B., Gregory E. Elliehausen, and Arthur B. Kennickell (1988). "Measuring Wealth with Survey Data: An Evaluation of the 1983 Survey of Consumer Finances," Review of Income and Wealth, vol. 34, no. 4, pp. 339-369.
  • Elliehausen, Gregory E., and Robert D. Kurtz (1988). "Scale Economies in Compliance Costs for Federal Consumer Credit Regulations," Journal of Financial Services Research, vol. 1, no. 2, pp. 147-159.
  • Avery, Robert B., Gregory E. Elliehausen, and Arthur B. Kennickell (1987). "Changes in Consumer Installment Debt: Evidence Form the 1983 and 1986 Surveys of Consumer Finances," Federal Reserve Bulletin, vol. 73, no. 10, pp. 761-778.
  • Avery, Robert B., Gregory E. Elliehausen, and Arthur B. Kennickell (1987). "Measuring Wealth with Survey Data: An Evaluation of the 1983 Survey of Consumer Finances," Research Papers in Banking and Financial Economics 99. Board of Governors of the Federal Reserve System (U.S.).
  • Avery, Robert B., and Gregory E. Elliehausen (1986). "Financial Characteristics of High-Income Families," Federal Reserve Bulletin, vol. 72, no. 3, pp. 164-177.
  • Avery, Robert B., Gregory E. Elliehausen, and Thomas A. Gustafson (1986). "Pensions and Social Security in Household Portfolios: Evidence from the 1983 Survey of Consumer Finances," in Adams, F.,Gerard, Susan Wachter M. eds., Savings and Capital Formation: The Policy Options. Lexington, Mass: Heath, Lexington Books, pp. 127-160.
  • Avery, Robert B., Gregory E. Elliehausen, and Thomas A. Gustafson (1985). "Pensions and Social Security in Household Portfolios: Evidence from the 1983 Survey of Consumer Finances," Research Papers in Banking and Financial Economics 81. Board of Governors of the Federal Reserve System (U.S.).
  • Elliehausen, Gregory E., and Robert D. Kurtz (1985). "Scale Economies in Compliance Costs for Consumer Credit Regulations: The Truth in Lending and Equal Credit Opportunity Laws," Staff studies 144. Board of Governors of the Federal Reserve System (U.S.).
  • Avery, Robert B., Gregory E. Elliehausen, and Glenn B. Canner (1984). "Survey of Consumer Finances, 1983," Federal Reserve Bulletin, vol. 70, no. 9, pp. 679-692.
  • Lawrence, Edward C., and Gregory E. Elliehausen (1981). "The Impact of Federal Interest Rate Regulations on the Small Saver: Further Evidence," Journal of Finance, vol. 36, no. 3, pp. 677-684.
Last update: September 28, 2020