Meet the Researchers
Felicia F. Ionescu
[email protected]
Education
- Ph.D., Economics, University of Iowa, 2006
- M.S., Mathematics, University of Iowa, 2006
- M.A., Economics, University of Iowa, 2002
- B.A., Economics, University of Transilvania, Brasov, Romania, 1999
- Bank lending policies, Bank credit, Default
- Human capital, Student loans
Chief
Board of Governors of the Federal Reserve System
2018 - presentPrincipal Economist
Board of Governors of the Federal Reserve System
2015 - 2018Senior Economist, Economist
Board of Governors of the Federal Reserve System
2013 - 2015Visiting Scholar
The Federal Reserve Bank of Richmond
2011Visiting Assistant Professor
University of Pennsylvania
2010Assistant Professor
Colgate University
2006 - 2013
- The 2023 Banking Turmoil and the Bank Term Funding Program
David Glancy, Felicia Ionescu, Elizabeth Klee, Antonis Kotidis, Michael Siemer, and Andrei Zlate
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.045 - Stock market participation: The role of human capital
Kartik Athreya, Felicia Ionescu, and Urvi Neelakantan
Review of Economic Dynamics (2023)
https://doi.org/10.1016/j.red.2021.12.002 - Drivers of Bank Supply of Business Loans
Andrew Castro, David Glancy, and Felicia Ionescu
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3059 - What Happens When Banks Tighten C&I Loan Supply?
Andrew Castro, David Glancy, Felicia Ionescu, and Greg Marchal
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3058 - Student loan borrowing and repayment decisions: risks and contingencies
Kartik Athreya, Christopher Herrington, Felicia Ionescu, and Urvi Neelakantan
Routledge Handbook of the Economics of Education (2021) - Lending Standards and Borrowing Premia in Unsecured Credit Markets
Kyle Dempsey and Felicia Ionescu
Finance and Economics Discussion Series (2021)
https://doi.org/10.17016/FEDS.2021.039 - How Did Banks Fund C&I Drawdowns at the Onset of the COVID-19 Crisis?
David Glancy, Max Gross, and Felicia Ionescu
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2601 - Who Values Access to College?
Kartik Athreya, Felicia Ionescu, Urvi Neelakantan, Jessie Romero, and Ivan Vidangos
Economic Brief (2020)
See also » FRB Working Paper (2019) - Changes in Monetary Policy and Banks' Net Interest Margins: A Comparison across Four Tightening Episodes
Jared Berry, Felicia Ionescu, Robert Kurtzman, and Rebecca Zarutskie
FEDS Notes (2019)
https://doi.org/10.17016/2380-7172.2352 - Are Income and Credit Scores Highly Correlated?
Rachael Beer, Felicia Ionescu, and Geng Li
FEDS Notes (2018)
https://doi.org/10.17016/2380-7172.2235 - College or the Stock Market, or College and the Stock Market?
Kartik Athreya, Felicia Ionescu, and Urvi Neelakantan
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.1900 - Stock Market Investment: The Role of Human Capital
Kartik Athreya, Felicia F. Ionescu, and Urvi Neelakantan
Finance and Economics Discussion Series (2016)
https://doi.org/10.17016/FEDS.2015.065r1 - Default Risk and Private Student Loans: Implications for Higher Education Policies
Felicia Ionescu and Nicole B. Simpson
Journal of Economic Dynamics & Control (2016)
https://doi.org/10.1016/j.jedc.2015.12.003
See also » FRB Working Paper (2014) - The Interplay Between Student Loans and Credit Card Debt: Implications for Default in the Great Recession
Felicia Ionescu and Marius Ionescu
Finance and Economics Discussion Series (2014)
https://doi.org/10.17016/FEDS.2014.14 - Insuring Student Loans against the Financial Risk of Failing to Complete College
Satyajit Chatterjee and Felicia Ionescu
Quantitative Economics (2012)
https://doi.org/10.3982/QE100 - The Effects of Credit Status on College Enrollment and College Completion
Felicia Ionescu, Dora Gicheva, and Nicole Simpson
IZA Discussion Paper (2012) - Risky Human Capital and Alternative Bankruptcy Regimes for Student Loans
Felicia Ionescu
Journal of Human Capital (2011)
https://doi.org/10.1086/661744 - Insuring College Failure Risk
Satyajit Chatterjee and Felicia Ionescu
Working paper (Federal Reserve Bank of Philadelphia) (2010) - A Theory of Brain Drain and Public Funding for Higher Education in the United States
Felicia Ionescu and Linnea A. Polgreen
American Economic Review: Papers and Proceedings (2009)
https://doi.org/10.1257/aer.99.2.517 - The Federal Student Loan Program: Quantitative implications for college enrollment and default rates
Felicia Ionescu
Review of Economic Dynamics (2009)
https://doi.org/10.1016/j.red.2008.09.004 - Consolidation of Student Loan Repayments and Default Incentives
Felicia A. Ionescu
B.E. Journal of Macroeconomics (2008)
https://doi.org/10.2202/1935-1690.1682 - Federal Student Loan Program: Quantitative Implications for College Enrollment, Repayment and Default Rates
Anamaria Felicia Ionescu
University of Iowa (2006)
conference
2015European Central Bank Conference on Household Finance and Consumption
conference
2015ERMAS (Annual Conference of Romanian Economists), Conference on Student Loan Repayment at FRB Philadelphia
conference
2015Annual Meetings of Society of Economic Dynamics, Econometric Society, The American Economic Association, Midwest Macroeconomics
seminar
2015Indiana University, University of Virginia, Fordham University, Stony Brook University, Federal Reserve Board Macro Workshop
conference
2014Annual Meetings of Society of Economic Dynamics, Econometric Society, Midwest Macroeconomics, Computational Economics and Finance
seminar
2014Bureau of Economic Analysis, University of Delaware
conference
2013Annual Meetings of Econometric Society, Midwest Macroeconomics, Computational Economics and Finance
seminar
2013University of Alberta, Bank of Canada, Board of Governors of the Federal Reserve System
conference
2012The NBER Summer Institute of Household Finance, of Aggregate Implications of Microeconomic Consumption Behavior
conference
2012Annual Meetings of Econometric Society, Midwest Macroeconomics, Southern Economic Association Conference
seminar
2012Suny Buffalo, Temple University
conference
2011Annual Meetings Society of Advancements in Economic Theory, Society of Economic Dynamics
conference
2011Annual Meetings of The American Economic Association, Midwest Macroeconomics, Econometric Society
seminar
2011Suny Albany, The Federal Reserve Bank of Richmond, Vassar College, Colgate Social Science Series
conference
2010The Econometric Society World Congress, Shanghai, China, The Cornell-Pennstate Macro Workshop
conference
2010Annual Meetings of The American Economic Association, Midwest Macroeconomics, Society of Economic Dynamics
seminar
2010University of Pennsylvania, Penn State University, The Federal Reserve Bank of Minneapolis, Lafayette College
seminar
2010Queen's University, Yeshiva University, Ohio State University, Colorado College
conference
2009The NBER Summer Institute of Aggregate Implications of Microeconomic Consumption Behavior, Workshop in Macroeconomic Research at Liberal Arts Colleges
conference
2009Annual Meetings of The American Economic Association, Society of Economics Dynamics, Midwest Macroeconomics, University of Iowa Alumni Workshop
seminar
2009Cornell University, University of Connecticut, Amherst College
conference
2008Annual Meetings of Society of Economic Dynamics, Econometric Society, Midwest Macroeconomics, The Liberal Arts Macro Workshop
seminar
2008University of Western Ontario, University of Connecticut, Colgate University
conference
2007The Cornell-Pennstate Macro Workshop, Liberal Arts Macro Workshop, Midwest Macro Meetings, Midwest Economic Association, Iowa Alumni Workshop
seminar
2007Delaware University, Union College, Fordham University, Colgate Social Science Series
conference
2006University of Iowa Alumni Workshop, Midwest Macroeconomics Annual Meeting, Workshop in Macroeconomic Research at Liberal Arts Colleges
seminar
2006Federal Reserve Bank of Cleveland, Colgate University, University of Texas Arlington, Mount Hollyoke, University of Iowa
conference
2005University of Iowa Alumni Workshop, Midwest Macroeconomics Annual Meeting
Awards
- 2011
The Federal Reserve Bank of Richmond and CSWEP
Research Fellowship
- 2005
University of Iowa
Graduate College Dissertation Fellowship
Conference Organization
2018 | Federal Reserve Board
System Applied Microeconomics Conference
Co-organizer
2017 | Babes Bolyai, Romania
ERMAS
Co-organizer
2010 | Colgate University
Liberal Arts Macro Workshop
Local organizer
Referee
- American Economic Review
- Econometrica
- Journal of Economic Theory
- Quarterly Journal of Economics
- Review of Economic Dynamics
- Journal of Labor Economics
- American Economic Journal: Macroeconomics
- Journal of Human Capital
- Macroeconomic Dynamics
- B.E. Journal of Macroeconomics
- Economic Inquiry
- Journal of Public Economic Theory
- Journal of The Japanese and International Economies
- Economics of Education Review
- Eastern Economic Journal
- Journal of Population Economics
Professional Affiliation
- Member of The Human Capital and Economic Opportunity (Markets Group) at Becker Friedman Institute for Research in Economics, The University of Chicago, 2012-present
- Member of the American Economic Association, 2006-present
- Member of the Econometric Society, 2006-present