Contact Information
202-452-2995
geng.li@frb.gov

Fields of Interest
Macroeconomics
Consumer Finance
Monetary Economics

Education
Ph.D., Economics, University of Michigan, 2006
M.A., Economics, University of New Mexico, 1998
B.A., Economics, Nankai University, 1997

Professional Experience
Board of Governors of the Federal Reserve System, 2005-present

Selected Publications

• ''Do Homeowners Increase Consumption after the Last Mortgage Payment? An Alternative Test of the Permanent Income Hypothesis '' (with Brahima Coulibaly), Review of Economics and Statistics, vol. 88 (February 2006), pp. 10-19.
• Learning By Investing--Embodied Technology and Business Cycles , Finance and Economics Discussion Series 2007-15. Washington: Board of Governors of the Federal Reserve System, 2007.
• Studying Consumption with the Panel Study of Income Dynamics: Comparisons with the Consumer Expenditure Survey and an Application to the Intergenerational Transmission of Well-being (with Kerwin Charles, Sheldon Danziger, and Robert Schoeni), Finance and Economics Discussion Series 2007-16. Washington: Board of Governors of the Federal Reserve System, 2007.
• Transaction Costs and Consumption, Finance and Economics Discussion Series 2007-38. Washington: Board of Governors of the Federal Reserve System, 2007.
• Choice of Mortgage Contracts: Evidence from the Survey of Consumer Finances (with Brahima Coulibaly), Finance and Economics Discussion Series 2007-50. Washington: Board of Governors of the Federal Reserve System, 2007.
• Do High Debt Payments Hinder Household Consumption Smoothing? (with Kathleen Johnson), Finance and Economics Discussion Series 2007-52. Washington: Board of Governors of the Federal Reserve System, 2007.
• Lifecycle Dynamics of Income Uncertainty and Consumption (with James Feigenbaum), Finance and Economics Discussion Series 2008-27. Washington: Board of Governors of the Federal Reserve System, 2008.
• Borrowing from Yourself: 401(k) Loans and Household Balance Sheet (with Paul Smith), Finance and Economics Discussion Series 2008-42. Washington: Board of Governors of the Federal Reserve System, 2008.
• ''Choice of Mortgage Contracts: Evidence from the Survey of Consumer Finances'' (with Brahima Coulibaly), Real Estate Economics (forthcoming).
• ''Transaction Costs and Consumption,'' Journal of Economic Dynamics and Control (forthcoming).