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TheEconomists

Photo of Neil Bhutta
202-872-7567
neil.bhutta@frb.gov
Education
  • Ph.D., Economics, Massachusetts Institute of Technology, 2008
  • B.A., Economics and Physics, Emory University, 2000
  • Current Research Topics

  • Payday lending; mortgage lending; household
  • leverage
    • Economist

      Board of Governors of the Federal Reserve System

    • 2008 - present
  • Bhutta, Neil (Forthcoming). "Payday Loans and Consumer Financial Health," Journal of Banking and Finance.
  • Bhutta, Neil, Paige Marta Skiba, and Jeremy Tobacman (Forthcoming). "Payday Loan Choices and Consequences," Journal of Money, Credit and Banking.
  • Bhutta, Neil (2012). "GSE Activity and Mortgage Supply in Lower-Income and Minority Neighborhoods: The Effect of the Affordable Housing Goals," Journal of Real Estate Finance and Economics, vol. 45, no. 1, pp. 238-261.
  • Bhutta, Neil (2011). "The Community Reinvestment Act and Mortgage Lending to Lower Income Borrowers and Neighborhoods," Journal of Law and Economics, vol. 54, no. 4, pp. 953-983.
  • Bhutta, Neil, and Glenn B. Canner (2009). "Did the CRA Cause the Mortgage Market Meltdown," Community Dividend, March, .
  • Bhutta, Neil, and Benjamin J. Keys (2014). "Interest Rates and Equity Extraction during the Housing Boom," Kreisman Working Papers Series in Housing Law and Policy no. 3. University of Chicago.
  • Bhutta, Neil (2012). "Mortgage Debt and Household Deleveraging: Accounting for the Decline in Mortgage Debt using Consumer Credit Record Data," Finance and Economics Discussion Series 2012-14. Board of Governors of the Federal Reserve System (U.S.).
  • Bhutta, Neil, Jane Dokko, and Hui Shan (2010). "The Depth of Negative Equity and Mortgage Default Decisions," Finance and Economics Discussion Series 2010-35. Board of Governors of the Federal Reserve System (U.S.).
  • Bhutta, Neil, and Glenn B. Canner (2013). "Mortgage Market Conditions and Borrower Outcomes: Evidence from the 2012 HMDA Data and Matched HMDA--Credit Record Data," Federal Reserve Bulletin, vol. 99, no. 4, pp. 1-58.
  • Avery, Robert B., Neil Bhutta, Kenneth P. Brevoort, and Glenn B. Canner (2012). "The Mortgage Market in 2011: Highlights from the Data Reported Under the Home Mortgage Disclosure Act," Federal Reserve Bulletin, vol. 98, no. 6, pp. 1-46.
  • Avery, Robert B., Neil Bhutta, Kenneth P. Brevoort, and Glenn B. Canner (2011). "The Mortgage Market in 2010: Highlights from the Data Reported Under the Home Mortgage Disclosure Act," Federal Reserve Bulletin, vol. 97, pp. 1-82.
  • Avery, Robert B., Neil Bhutta, Kenneth P. Brevoort, and Glenn Canner (2010). "The 2009 HMDA Data: The Mortgage Market in a Time of Low Interest Rates and Economic Distress," Federal Reserve Bulletin, vol. 96, pp. A39-A77.
  • Avery, Robert B., Neil Bhutta, Kenneth P. Brevoort, Glenn Canner, and Christa N. Gibbs (2010). "The 2008 HMDA Data: The Mortgage Market during a Turbulent Year," Federal Reserve Bulletin, vol. 96, pp. A196-A211.
  • conference

    May, 2014

    George Mason University

    Payday Loan Choices and Consequences

  • seminar

    February, 2014

    Arizona State University

    Interest Rates and Equity Extraction During the Housing Boom

  • seminar

    October, 2013

    Consumer Financial Protection Bureau

    Causes and Consequences of Using Payday Loans

  • conference

    October, 2013

    Conference on Empirical Legal Studies

    Payday Lending and Consumer Financial Health

  • conference

    October, 2013

    FDIC Consumer Research Symposium

    Interest Rates and Equity Extraction

  • seminar

    May, 2013

    Federal Reserve Bank of Boston

    Household Deleveraging: Evidence from Consumer Credit Records

  • conference

    September 2012

    FDIC Consumer Research Symposium

    Do Payday Loans Affect Creditworthiness

  • conference

    July, 2012

    NBER Summer Institutes, Household Finance

    Do Payday Loans Affect Creditworthiness

  • conference

    May, 2012

    American Law and Economics Association Annual Meeting

    The Effect of Access to Payday Loans on Financial Health

  • seminar

    February, 2012

    NYU Law School

    Consumer Ruthlessness and Mortgage Default

  • seminar

    April, 2011

    West Virginia University

    Consumer Ruthlessness and Mortgage Default

  • conference

    November, 2010

    Conference on Empirical Legal Studies

    Consumer Ruthlessness and Mortgage Default

  • seminar

    June, 2010

    Freddie Mac

    GSE Activity and Mortgage Supply: The Effect of the Affordable Housing Goals

  • seminar

    November, 2008

    University of California, Berkeley

    The Community Reinvestment Act and Mortgage Lending to Lower-Income Borrowers

Awards

  • 2002

    National Science Foundation

    Graduate Research Fellowship

  • 2002

    National Collegiate Athletic Association

    NCAA Post Graduate Research Scholarship

  • 2006

    Massachusetts Institute of Technology Department of Economics

    George and Obie Shultz Award

Referee

  • Quarterly Journal of Economics
  • Journal of Urban Economics
  • Review of Economics and Statistics
  • Journal of Public Economics
  • Economic Inquiry
  • Journal of Policy Analysis and Management
  • Regional Science and Urban Economics
  • Real Estate Economics
  • Journal of Real Estate Finance and Economics
  • Journal of Financial Stability
  • Journal of Housing Economics
  • Southern Economic Journal
  • Cityscape
  • Journal of Urban Affairs
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Last update: October 6, 2014