Senior Industry Specialist
Phone: (215) 574-7111
Fax: (215) 574-7101
Send an e-mail to Vyacheslav Mikhed
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
Select Working Papers
- Spatial Commitment Devices and Addictive Goods: Evidence from the Removal of Slot Machines from Bars with Barry Scholnick and Hyungsuk Byun – October 2017
- How Data Breaches Affect Consumer Credit with Michael Vogan – March 2017
Supersedes Working Paper 15-42.
- Identity Theft as a Teachable Moment with Nathan Blascak, Julia Cheney, Robert M. Hunt, Dubravka Ritter, and Michael Vogan – October 2016
Supersedes Working Paper 14-28.
- Does Keeping Up with the Joneses Cause Financial Distress? Evidence from Lottery Winners and Neighboring Bankruptcies with Sumit Agarwal and Barry Scholnick – October 2016
Supersedes Working Paper 16-04.
- The Causes of Household Bankruptcy: The Interaction of Income Shocks and Balance Sheets with Barry Scholnick – July 2016
Supersedes Working Paper 14-17.
- Out of Sight, Out of Mind: Consumer Reaction to News on Data Breaches and Identity Theft with Michael Vogan – November 2015
Superseded by Working Paper 17-06.
- Who Is Screened Out of Social Insurance Programs by Entry Barriers? Evidence from Consumer Bankruptcies with Barry Scholnick – October 2015
- Identity Theft as a Teachable Moment with Julia Cheney, Robert M. Hunt, Dubravka Ritter, and Michael Vogan – September 2014
Superseded by Working Paper 16-27.
- Financial Benefits, Travel Costs, and Bankruptcy with Barry Scholnick – June 2014
- How Do Exogenous Shocks Cause Bankruptcy? Balance Sheet and Income Statement Channels with Barry Scholnick – May 2014
Select Discussion Papers
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.