Photo of Shane M. Sherlund

Shane M. Sherlund

Education

  • Ph.D., Economics, University of Wisconsin, 2003
  • M.S., Economics, University of Wisconsin, 2000
  • M.S., Economics, Utah State University, 1998
  • B.S., Economics and Mathematics, Utah State University, 1996
  • Deputy Associate Director

    Board of Governors of the Federal Reserve System

    2019 - present
  • Assistant Director

    Board of Governors of the Federal Reserve System

    2014 - 2019
  • Chief

    Board of Governors of the Federal Reserve System

    2011 - 2014
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2008 - 2011
  • Economist

    Board of Governors of the Federal Reserve System

    2003 - 2008
  • Passmore, Wayne, and Shane M. Sherlund (forthcoming). "FHA, Fannie Mae, Freddie Mac and the Great Recession," Real Estate Economics.
  • Mezza, Alvaro A., Daniel R. Ringo, Shane M. Sherlund, and Kamila Sommer (forthcoming). "Student Loans and Homeownership," Journal of Labor Economics.
  • Hizmo, Aurel, and Shane Sherlund (2018). "The Effects of the Ability-to-Repay / Qualified Mortgage Rule on Mortgage Lending," FEDS Notes 2018-11-16. Board of Governors of the Federal Reserve System (U.S.).
  • Passmore, Wayne, and Shane M. Sherlund (2018). "The FHA and the GSEs as Countercyclical Tools in the Mortgage Markets," Federal Reserve Bank of New York Economic Policy Review, vol. 24, no. 3, pp. 28-40.
  • Sharpe, Steven A., and Shane M. Sherlund (2016). "Crowding Out Effects of Refinancing on New Purchase Mortgages," Review of Industrial Organization, vol. 48, no. 2, pp. 209-239.
  • Merrill, Craig B., Taylor Nadauld, Rene M. Stulz, and Shane M. Sherlund (2014). "Were There Fire Sales in the RMBS Market?" Working Paper Series. Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  • Nadauld, Taylor D., and Shane M. Sherlund (2013). "The Impact of Securitization on the Expansion of Subprime Credit," Journal of Financial Economics, vol. 107, no. 2, pp. 454-476.
  • Dokko, Jane, Brian M. Doyle, Michael T. Kiley, Jinill Kim, Shane Sherlund, Jae Sim, and Skander J. Van den Heuvel (2011). "Monetary Policy and the Global Housing Bubble," Economic Policy, vol. 26, no. 66, pp. 233-283.
  • Mayer, Christopher, Karen Pence, and Shane M. Sherlund (2009). "The Rise in Mortgage Defaults," Journal of Economic Perspectives, vol. 23, no. 1, pp. 27-50.
  • Gerardi, Kristopher, Andreas Lehnert, Shane M. Sherlund, and Paul Willen (2008). "Making Sense of the Subprime Crisis," Brookings Papers on Economic Activity, pp. 69-145.
  • Lehnert, Andreas, Wayne Passmore, and Shane M. Sherlund (2008). "GSEs, Mortgage Rates, and Secondary Market Activities," Journal of Real Estate Finance and Economics, vol. 36, no. 3, pp. 343-363.
  • Sherlund, Shane M. (2008). "The Past, Present, and Future of Subprime Mortgages," Finance and Economics Discussion Series 2008-63. Board of Governors of the Federal Reserve System (U.S.).
  • Sherlund, Shane M. (2008). "The Jumbo-Conforming Spread: A Semiparametric Approach," Finance and Economics Discussion Series 2008-01. Board of Governors of the Federal Reserve System (U.S.).
  • Passmore, S. Wayne, Diana Hancock, Andreas W. Lehnert, and Shane M. Sherlund (2006). "The Federal Reserve's Research on Government-Sponsored Enterprises," In Proceedings of the 42nd Annual Conference on Bank Structure and Competition. Chicago IL: Federal Reserve Bank of Chicago, pp. 90-101.
  • Passmore, Wayne, Shane M. Sherlund, and Gillian Burgess (2005). "The Effect of Housing Government-Sponsored Enterprises on Mortgage Rates," Real Estate Economics, vol. 33, no. 3, pp. 427-463.
  • Passmore, S. Wayne, Diana Hancock, Andreas Lehnert, and Shane M. Sherlund (2005). "An Analysis of the Potential Competitive Impacts of Basel II Capital Standards on U.S. Mortgage Rates and Mortgage Securitization," in Basel II White Paper. Washington, D.C.: Board of Governors of the Federal Reserve System.
  • Evans, Carolyn L., and Shane M. Sherlund (2011). "Are Antidumping Duties for Sale? Case-Level Evidence on the Grossman-Helpman Protection for Sale Model," Southern Economic Journal, vol. 78, no. 2, pp. 330-357.
  • Barrett, Christopher B., Shane M. Sherlund, and Akinwumi A. Adesina (2008). "Shadow Wages, Allocative Inefficiency, and Labor Supply in Smallholder Agriculture," Agricultural Economics, vol. 38, no. 1, pp. 21-34.
  • Matschke, Xenia, and Shane M. Sherlund (2006). "Do Labor Issues Matter in the Determination of U.S. Trade Policy? an Empirical Reevaluation," American Economic Review, vol. 96, no. 1, pp. 405-421.
  • Haveman, Robert, Karen Holden, Barbara Wolfe, and Shane Sherlund (2006). "Do Newly Retired Workers in the United States have Sufficient Resources to Maintain Well-being?" Economic Inquiry, vol. 44, no. 2, pp. 249-264.
  • Barrett, Christopher B., Shane M. Sherlund, and Akinwumi A. Adesina (2006). "Macroeconomic Shocks, Human Capital and Productive Efficiency: Evidence from West African Rice Farmers," Journal of African Economies, vol. 15, no. 3, pp. 343-372.
  • Sherlund, Shane M., Christopher B. Barrett, and Akinwumi A. Adesina (2002). "Smallholder Technical Efficiency Controlling for Environmental Production Conditions," Journal of Development Economics, vol. 69, no. 1, pp. 85-101.
Last update: November 20, 2019