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Photo of Arthur B. Kennickell

Arthur B. Kennickell

Assistant Director

Program Direction Section

Research and Statistics

202-452-2247
arthur.kennickell@frb.gov
Education
  • Ph.D., Economics, University of Pennsylvania, 1984
  • M.A., General Studies in the Humanities, University of Chicago, 1973
  • B.A., General Studies in the Humanities, University of Chicago, 1971
    • Economist

      Board of Governors of the Federal Reserve System

    • 1984 - 1989
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 1989 - 2008
    • Section Chief, Microeconoic Surveys

      Board of Governors of the Federal Reserve System

    • 2008 - 2010
    • Assistant Director

      Board of Governors of the Federal Reserve System

    • 2010 - present
    • Board Member

      National Bureau of Economic Research

    • 2004 - 2011
  • Hurst, Erik, Annamaria Lusardi, Arthur Kennickell, and Francisco Torralba (forthcoming). "Precautionary Saving and the Importance of Business Owners," The Review of Economics and Statistics.
  • Bricker, Jesse, Brian Bucks, Arthur B. Kennickell, Traci L. Mach, and Kevin B. Moore (2011). "Surveying the Aftermath of the Storm," Finance and Economics Discussion Series 2011-17. Board of Governors of the Federal Reserve System (U.S.).
  • Bricker, Jesse, Brian K. Bucks, Arthur Kennickell, Traci L. Mach, and Kevin Moore (2011). "Drowning Or Weathering the Storm? Changes in Family Finances from 2007 to 2009," NBER Working Papers 16985. National Bureau of Economic Research, Inc.
  • Hurst, Erik, Annamaria Lusardi, Arthur Kennickell, and Francisco Torralba (2010). "The Importance of Business Owners in Assessing the Size of Precautionary Savings," Review of Economics and Statistics, vol. 92, no. 1, pp. 61-69.
  • Bucks, Brian K., Arthur B. Kennickell, Traci L. Mach, and Kevin B. Moore (2009). "Changes in U.S. Family Finances from 2004 to 2007: Evidence from the Survey of Consumer Finances," Federal Reserve Bulletin, vol. 95, pp. A1-55.
  • Kennickell, Arthur B. (2009). "Ponds and Streams: Wealth and Income in the U.S., 1989 to 2007," Finance and Economics Discussion Series 2009-13. Board of Governors of the Federal Reserve System (U.S.).
  • Amel, Dean F., Arthur B. Kennickell, and Kevin B. Moore (2008). "Banking Market Definition: Evidence from the Survey of Consumer Finances," Finance and Economics Discussion Series 2008-35. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B. (2007). "Considerations in the Estimation of Retirement Wealth: Comments on the Retirement Wealth of the Baby Boom Generation by Edward N. Wolff," Journal of Monetary Economics, vol. 54, no. 1, pp. 41-48.
  • Kennickell, Arthur B. (2007). "Look and Listen, but Donít Stop: Interviewers and Data Quality in the 2007 SCF," In Proceedings of the Survey Research Methods Section, Annual Meetings of the American Statistical Association. American Statistical Association, pp. 3646-3656.
  • Bucks, Brian K., Arthur B. Kennickell, and Kevin B. Moore (2006). "Recent Changes in U.S. Family Finances: Evidence from the 2001 and 2004 Survey of Consumer Finances," Federal Reserve Bulletin, vol. 92, pp. A1-38.
  • Kennickell, Arthur (2006). "How do we Know if we Aren't Looking?: An Investigation of Data Quality in the SCF," In JSM Proceedings, Survey Research Methods Section. American Statistical Association, pp. 1374-1381.
  • Kennickell, Arthur, and Julia Lane (2006). "Measuring the Impact of Data Protection Techniques on Data Utility: Evidence from the Survey of Consumer Finances," in Berlin: Springer Verlag, pp. 291-303.
  • Kennickell, Arthur B. (2006). "A Rolling Tide: Changes in the Distribution of Wealth in the US, 1989-2001," in Wolff, Edward,N. ed., International Perspectives on Household Wealth. Cheltenham, U.K. and Northampton, Mass: Elgar in Association with the Levy Economics Institute, pp. 19-88.
  • Kennickell, Arthur B. (2006). "Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004," Finance and Economics Discussion Series 2006-13. Board of Governors of the Federal Reserve System (U.S.).
  • Hurst, Erik, Arthur Kennickell, Annamaria Lusardi, and Francisco Torralba (2005). "Precautionary Savings and the Importance of Business Owners," NBER Working Papers 11731. National Bureau of Economic Research, Inc.
  • Kennickell, Arthur, and Annamaria Lusardi (2004). "Disentangling the Importance of the Precuationary Saving Mode," NBER Working Papers 10888. National Bureau of Economic Research, Inc.
  • Aizcorbe, Ana M., Arthur B. Kennickell, and Kevin B. Moore (2003). "Recent Changes in U.S. Family Finances: Evidence from the 1998 and 2001 Survey of Consumer Finances," Federal Reserve Bulletin, vol. 89, no. 1, pp. 1-32.
  • Kennickell, Arthur B. (2003). "A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001," Finance and Economics Discussion Series 2003-24. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B. (2003). "A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001," Working Paper 393. Levy Economics Institute of Bard College.
  • Kennickell, Arthur B. (2003). "A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001," Working Paper 393. The Levy Economics Institute of Bard College.
  • Kennickell, Arthur B. (2000). "An Examination of Changes in the Distribution of Wealth from 1989 to 1998: Evidence from the Survey of Consumer Finances," Working Paper 307. The Levy Economics Institute of Bard College.
  • Kennickell, Arthur B., Martha Starr-McCluer, and Brian J. Surette (2000). "Recent Changes in U.S. Family Finances: Results from the 1998 Survey of Consumer Finances," Federal Reserve Bulletin, vol. 86, no. 1, pp. 1-29.
  • Kennickell, Arthur B., and R. Louise Woodburn (1999). "Consistent Weight Design for the 1989, 1992 and 1995 SCFs, and the Distribution of Wealth," Review of Income and Wealth, vol. 45, no. 2, pp. 193-215.
  • Kennickell, Arthur B., and Annika E. Sunden (1997). "Pensions, Social Security, and the Distribution of Wealth," Finance and Economics Discussion Series 1997-55. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B., and Martha Starr-McCluer (1997). "Household Saving and Portfolio Change: Evidence from the 1983-89 SCF Panel," Review of Income and Wealth, vol. 43, no. 4, pp. 381-399.
  • Kennickell, Arthur B., and Martha Starr-McCluer (1997). "Retrospective Reporting of Household Wealth: Evidence from the 1983-1989 Survey of Consumer Finances," Journal of Business and Economic Statistics, vol. 15, no. 4, pp. 452-463.
  • Kennickell, Arthur B., and Myron L. Kwast (1997). "Who Uses Electronic Banking: Results from the 1995 Survey of Consumer Finances?" Finance and Economics Discussion Series 1997-35. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B., Martha Starr-McCluer, and Annika E. Sunden (1997). "Family Finance in the U.S.: Recent Evidence from the Survey of Consumer Finances," Federal Reserve Bulletin, vol. 83, no. 1, pp. 1-24.
  • Kennickell, Arthur B., and Martha Starr-McCluer (1996). "Household Saving and Portfolio Change: Evidence from the 1983-89 SCF Panel," Finance and Economics Discussion Series 96-18. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B., Martha Starr-McCluer, and Annika E. Sunden (1996). "Saving and Financial Planning: Some Findings from a Focus Group," Finance and Economics Discussion Series 96-1. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B., Myron L. Kwast, and Martha Starr-McCluer (1996). "Households' Deposit Insurance Coverage: Evidence and Analysis of Potential Reforms," Journal of Money, Credit, and Banking, vol. 28, no. 3, pp. 311-322.
  • Canner, Glenn B., Arthur B. Kennickell, and Charles A. Luckett (1995). "Household Sector Borrowing and the Burden of Debt," Federal Reserve Bulletin, vol. 81, no. 4, pp. 323-338.
  • Kennickell, Arthur B. (1995). "Saving and Permanent Income: Evidence from the 1992 SCF," Finance and Economics Discussion Series 95-41. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B., Myron L. Kwast, and Martha Starr-McCluer (1995). "Households' Deposit Insurance Coverage: Evidence and Analysis of Potential Reforms," Finance and Economics Discussion Series 95-5. Board of Governors of the Federal Reserve System (U.S.).
  • Kennickell, Arthur B., and Martha Starr-McCluer (1994). "Changes in Family Finances from 1989 to 1992: Evidence from the Survey of Consumer Finances," Federal Reserve Bulletin, vol. 80, no. 10, pp. 861-882.
  • Kennickell, Arthur, and Janice Shack-Marquez (1992). "Changes in Family Finances from 1983 to 1989: Evidence from the Survey of Consumer Finances," Federal Reserve Bulletin, vol. 78, no. 1, pp. 1-18.
  • Ando, Albert, Flint Brayton, and Arthur B. Kennickell (1991). "Reappraisal of the Phillips Curve and Direct Effects of Money Supply on Inflation," in Klein, Lawrence,R. ed., Comparative Performance of U.S. Econometric Models. New York and Oxford: Oxford University Press, pp. 201-226.
  • Avery, Robert B., and Arthur B. Kennickell (1991). "Household Saving in the U.S," Review of Income and Wealth, vol. 37, no. 4, pp. 409-432.
  • Kennickell, Arthur B. (1990). "Demographics and Household Savings," Finance and Economics Discussion Series 123. Board of Governors of the Federal Reserve System (U.S.).
  • Swamy, P. A. V. B., Arthur B. Kennickell, and Peter von zur Muehlen (1990). "Comparing Forecasts from Fixed and Variable Coefficient Models: The Case of Money Demand," International Journal of Forecasting, vol. 6, no. 4, pp. 469-477.
  • 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.
  • Ando, Albert, and Arthur B. Kennickell (1987). "How Much (Or Little) Life Cycle is there in Micro Data? the Cases of the United States and Japan," in Dornbusch, ,Rudiger, Fischer Stanley and Bossons John eds., Macroeconomics and Finance: Essays in Honor of Franco Modigliani. Cambridge and London: MIT Press, pp. 159-223.
  • 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.).
  • Kennickell, Arthur B., and Garland B. DeMarco (1986). "Availability of Data, Sensitivity of Calculation and Possible Improvements in Data Collection for the MSI, MT and MQ Indexes," Special Studies Papers 197. Board of Governors of the Federal Reserve System (U.S.).
  • Swamy, P. A. V. B., A. B. Kennickell, and P. von zur Muehlen (1986). "Forecasting Money Demand with Econometric Models," Special Studies Papers 196. Board of Governors of the Federal Reserve System (U.S.).
  • Swamy, P. A. V. B., A. B. Kennickell, and P. von zur Muehlen (1986). "Forecasting Money Demand with Econometric Models," Working paper series 196. Board of Governors of the Federal Reserve System (U.S.).
  • Ando, Albert, and Arthur B. Kennickell (1985). "Some Results on Analytic Optimal Control Solution of a Simple Rational Expectations Model," Journal of Economic Dynamics and Control, vol. 9, no. 1, pp. 55-61.

Awards

  • 2007

    American Statistical Association/NABE

    Julius Shiskin Memorial Award

  • 2006

    American Council on the Consumer Interest

    Friend of Consumers

  • 1994

    Board of Governors of the Federal Reserve System

    Special Achievement Award

Professional Affiliation

  • Fellow, American Statistical Association, 1998 - present
  • American Economic Association
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Last update: August 8, 2014