Contact Information
202-452-3644
kathleen.w.johnson@frb.gov

Fields of Interest
Microeconomics
Consumer Finance
Industrial Organization

Education
Ph.D., Economics, University of Maryland, 1999
B.S., Economics, Binghamton University, 1990

Professional Experience
Board of Governors of the Federal Reserve System, 1998-present

Selected Publications

• Do High Debt Payments Hinder Household Consumption Smoothing? (with Geng Li), Finance and Economics Discussion Series 2007-52. Washington: Board of Governors of the Federal Reserve System, 2007.
• ''The Transactions Demand for Credit Cards,'' The B.E. Journal of Economic Analysis and Policy, vol. 7 (2007).
• ''Recent Developments in the Credit Card Market and the Financial Obligations Ratio,'' Federal Reserve Bulletin, vol. 91 (Fall 2005), pp. 473-486.
• Convenience or Necessity? Understanding the Recent Rise in Credit Card Debt, Finance and Economics Discussion Series 2004-47. Washington: Board of Governors of the Federal Reserve System, 2004.
• ''Recent Changes to a Measure of U.S. Household Debt Service'' (with Karen Dynan and Karen Pence), Federal Reserve Bulletin, vol. 89 (October 2003), pp. 417-426.
• ''Consumer Loan Securitization,'' in Thomas A. Durkin and Michael E. Staten, eds., The Impact of Public Policy on Consumer Credit. Boston, MA: Kluwer Academic Publishers, 2002.
• ''Survey of Finance Companies, 2000'' (with Karen E. Dynan and Samuel M. Slowinski), Federal Reserve Bulletin, vol. 88 (January 2002), pp. 1-14.
• Credit Constraints, Consumer Leasing and the Automobile Replacement Decision, Finance and Economics Discussion Series 1999-68. Washington: Board of Governors of the Federal Reserve System, 1999.