Senior Economic Advisor and Economist
Areas of Expertise
Ronel Elul loves studying household economics because of the interplay between the theoretical and the actual. Recently, he broadly explored what insights can be derived by combining information on households’ mortgages and other credit obligations. In addition to this research, he works in the Federal Reserve’s stress testing program, particularly on the side of consumer lending risk. He believes that the 2008 financial crisis showed us that researchers had a lot to learn, but also how high the stakes are in getting it right.
Ronel enjoys the great group of assembled researchers at the Philadelphia Fed, the investment the Bank has made in studying consumer issues, and the opportunity to combine research and policy work.
Ronel earned his Ph.D. in economics from Yale University and his B.A. in applied mathematics from the University of California, Berkeley. He joined the Bank in 2003, and contributes to the Consumer Finance Institute’s biennial consumer credit conference and the Board of Governors’ financial stability briefings. He has taught as a visiting professor at Brown University, New York University, and the University of Pennsylvania.