Professional Experience

• • Economist

    Board of Governors of the Federal Reserve System

  • 1998 - present

Publications

• Johnson, Kathleen W., and Geng Li (2011). "Are Adjustable-Rate Mortgage Borrowers Borrowing Constrained?" Finance and Economics Discussion Series 2011-21. Board of Governors of the Federal Reserve System (U.S.).
• Johnson, Kathleen W., and Geng Li (2010). "The Debt-Payment-to-Income Ratio as an Indicator of Borrowing Constraints: Evidence from Two Household Surveys," Journal of Money, Credit, and Banking, vol. 42, no. 7, pp. 1373-1390.
• Johnson, Kathleen W., Oliver Faltin-Traeger, and Christopher Mayer (2010). "Issuer Credit Quality and the Price of Asset Backed Securities," American Economic Review, vol. 100, no. 2, pp. 501-505.
• Johnson, Kathleen W., and Geng Li (2009). "Household Liability Data in the Consumer Expenditure Survey," Monthly Labor Review, vol. 132, no. 12, pp. 18-27.
• Johnson, Kathleen W. (2007). "Recent Developments in the Credit Card Market and the Financial Obligations Ratio," in Agarwal, Sumit, Brent W. Ambrose eds., Household Credit Usage: Personal Debt and Mortgages. New York, N.Y.: Palgrave Macmillan, pp. 290-306.
• Johnson, Kathleen W. (2007). "The Transactions Demand for Credit Cards," B.E. Journals in Economic Analysis and Policy: Topics in Economic Analysis and Policy, vol. 7, no. 1, pp. 1-31.
• Johnson, Kathleen W., and Geng Li (2007). "Do High Debt Payments Hinder Household Consumption Smoothing?" Finance and Economics Discussion Series 2007-52. Board of Governors of the Federal Reserve System (U.S.).
• Johnson, Kathleen W. (2005). "Recent Developments in the Credit Card Market and the Financial Obligations Ratio," Federal Reserve Bulletin, vol. 91, no. 4, pp. 473-486.
• Johnson, Kathleen W. (2004). "Convenience Or Necessity? Understanding the Recent Rise in Credit Card Debt," Finance and Economics Discussion Series 2004-47. Board of Governors of the Federal Reserve System (U.S.).
• Dynan, Karen, Kathleen Johnson, and Karen Pence (2003). "Recent Changes to a Measure of U.S. Household Debt Service," Federal Reserve Bulletin, vol. 89, no. 10, pp. 417-426.
• Dynan, Karen E., Kathleen W. Johnson, and Samuel M. Slowinski (2002). "Survey of Finance Companies, 2000," Federal Reserve Bulletin, vol. 88, no. 1, pp. 1-14.
• Johnson, Kathleen W. (2002). "Consumer Loan Securitization," in Durkin, Thomas A., Michael E. Staten eds., The Impact of Public Policy on Consumer Credit. Boston, MA: Kluwer Academic Publishers.
• Johnson, Kathleen W. (1999). "Credit Constraints, Consumer Leasing and the Automobile Replacement Decision," Finance and Economics Discussion Series 1999-68. Board of Governors of the Federal Reserve System (U.S.).
• Johnson, Kathleen W. (1999). "The Effect of Consumer Automobile Leasing on Replacement Decisions," Ph.D dissertation, University of Maryland.

Other Activities