Contact Information
202-452-2906
robert.b.avery@frb.gov

Fields of Interest
Banking and Financial Institutions
Real Estate
Consumer Finance

Education
Ph.D., Economics, University of Wisconsin, 1979
B.A., Economics, Univesity of Pennsylvania, 1969

Professional Experience
Board of Governors of the Federal Reserve System, 1994-present
Professor, Cornell University, 1988-1994
Senior Economist, Board of Governors of the Federal Reserve System, 1981-1988
Assistant Professor, Carnegie Mellon University, 1975-1982
Research Assistant, Federal Deposit Insurance Corporation, 1969-1971

Selected Publications

• ''The 2006 HMDA Data'' (with Kenneth P. Brevoort and Glenn B. Canner), Federal Reserve Bulletin, vol. 93 (December 2007), pp. A73-A109.
• ''Opportunities and Issues in Using HMDA Data'' (with Kenneth P. Brevoort and Glenn B. Canner), Journal of Real Estate Research , vol. 29 (October 2007), pp. 351-379.
• ''Higher-Priced Home Lending and the 2005 HMDA Data'' (with Kenneth P. Brevoort and Glenn B. Canner), Federal Reserve Bulletin, vol. 92 (September 2006), pp. a123-a166.
• ''New Information Reported Under HMDA and Its Applicationo in Fair Lending ENforcement'' (with Glenn B. Canner and Robert E. Cook), Federal Reserve Bulletin, vol. 91 (Summer 2005), pp. 344-394.
• ''Assessing the CRA's Necessity and Efficiency'' (with Raphael W. Bostic and Glenn B. Canner), Housing Debate, vol. 16 (2005), pp. 143-172.
• ''Community Banks and Rural Development: Research Relating to Proposals to Revise the Regulations that Implement the COmmunity Reinvestment Act'' (with Glenn B. Canner, Shannon C. Mok, and Dan S. Sokolov), Federal Reserve Bulletin, vol. 91 (Spring 2005), pp. 202-235.
• ''Bank Consolidation and Small Business Lending: The Role of Community Banks'' (with Katherine A. Samolyk), Journal of Financial Services Research, vol. 25 (April 2004), pp. 291-325.
• ''Credit Report Accuracy and Access to Credit'' (with Paul S. Calem and Glenn B. Canner), Federal Reserve Bulletin, vol. 90 (Summer 2004), pp. 297-322.
• ''Consumer Credit Scoring: Do Situaltional Circumstances Matter?'' (with Paul S. Calem and Glenn B. Canner), Journal of Banking and FInance, vol. 28 (April 2004), pp. 835-836.
• ''An Overview of Consumer Data at Credit Bureaus'' (with Raphael W. Bostic, Paul S. Calem, and Glenn B. Canner), Federal Reserve Bulletin, vol. 89 (February 2003), pp. 47-73.
• ''Lifetime Inheritances of Whites and Blacks'' (with Michael S. Rendall), American Journal of Sociology, vol. 107 (March 2002), pp. 1300-46.
• ''CRA Special Lending Programs'' (with Raphael W. Bostic and Glenn B. Canner), Federal Reserve Bulletin, vol. 86 (November 2000), pp. 711-31.
• ''Credit Scoring: Statistical Issues and Evidence from Credit-Bureau Files'' (with Raphael W. Bostic, Paul S. Calem, and Glenn B. Canner), Real Estate Economics, vol. 28 (Fall 2000), pp. 523-47.
• ''Neighborhood Information and Home Mortgage Lending'' (with Patricia E. Beeson and Mark S. Sniderman), Journal of Urban Economics, vol. 45 (March 1999), pp. 287-310.
• ''Consolidation and Bank Branching Patterns'' (with Raphael W. Bostic, Paul S. Calem, and Glenn B. Canner), Journal of Banking and Finance, vol. 23 (February 1999), pp. 497-522.
• ''Trends in Home Purchase Lending: Consolidation and the Community Reinvestment Act '' (with Raphael W. Bostic, Paul S. Calem, Glenn B. Canner, and others), Federal Reserve Bulletin, vol. 85 (February 1999), pp. 81-110.