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Vyacheslav Mikhed

Senior Industry Specialist

Phone: (215) 574-7111
Fax: (215) 574-7101

Send an e-mail to Vyacheslav Mikhed E-mail

Curriculum vitae PDF

Slava Mikhed joined the Payment Cards Center of the Federal Reserve Bank of Philadelphia in July 2013. Slava’s research interests lie in the areas of household finance, consumer credit, personal bankruptcy, mortgage foreclosure, and real estate economics. His current research explores the impacts on personal bankruptcy of income shocks, income inequality, and ease of access to the bankruptcy system. He is also examining the effect of government policies promoting lending to low-income and minority borrowers on U.S. mortgage foreclosures. His previous work, exploring U.S. house price bubbles, has been published in the Journal of Housing Economics and the Journal of Real Estate Finance and Economics.

Slava received a Ph.D. degree in economics from the University of Alberta, an M.A. degree in economics from the Center for Economic Research and Graduate Education — Economics Institute (Czech Republic), an M.A. degree in economics from Economics Education and Research Consortium (Ukraine), and a B.A. in economics from the National University of "Kyiv-Mohyla Academy" (Ukraine).

Fields of Interest

  • Household Finance
  • Consumer Credit
  • Personal Bankruptcy
  • Mortgage Foreclosure
  • Real Estate Economics

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Payment Cards Center Seminars Organized

  • Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection – January 2014

Articles in Refereed Journals

  • Mikhed, V. and P. Zemčík, "Do House Prices Reflect Fundamentals? Aggregate and Panel Data Evidence," Journal of Housing Economics, 18(2), June 2009, 140-149.
  • Mikhed, V. and P. Zemčík, "Testing for Bubbles in Housing Markets: A Panel Data Approach," Journal of Real Estate Finance and Economics, 38(4), May 2009, 366-386

View publications by the Payment Cards Center.