Professional Experience

• • Senior Economist

    Board of Governors of the Federal Reserve System

  • 2010 - present

• • Economist

    Board of Governors of the Federal Reserve System

  • 2005 - 2010

Publications

• Molloy, Raven Saks, and Hui Shan (2011). "The Post-Foreclosure Experience of U.S. Households," Finance and Economics Discussion Series 2011-32. Board of Governors of the Federal Reserve System (U.S.).
• Molloy, Raven Saks, Christopher L. Smith, and Abigail Wozniak (2011). "Internal Migration in the United States," Journal of Economic Perspectives, vol. 25, no. 3, pp. 173-196.
• Molloy, Raven Saks, Christopher L. Smith, and Abigail Wozniak (2011). "Internal Migration in the United States," Finance and Economics Discussion Series 2011-30. Board of Governors of the Federal Reserve System (U.S.).
• Molloy, Raven, and Carola Frydman (Forthcoming). "Does Tax Policy Affect Executive Compensation? Evidence from Postwar Tax Reforms," Journal of Public Economics.
• Frydman, Carola, and Raven S. Molloy (2009). "Does Tax Policy Affect Executive Compensation? Evidence from Postwar Tax Reforms," Finance and Economics Discussion Series 2009-30. Board of Governors of the Federal Reserve System (U.S.).
• Frydman, Carola, and Raven S. Molloy (Forthcoming). "Pay Cuts for the Boss: Executive Compensation in the 1940s," Journal of Economic History.
• Lutz, Byron, Raven Molloy, and Hui Shan (2011). "The Housing Crisis and State and Local Government Tax Revenue: Five Channels," Journal of Regional Science and Urban Economics, vol. 41, no. 4, pp. 306-319.
• Lutz, Byron, Raven Molloy, and Hui Shan (2010). "The Housing Crisis and State and Local Government Tax Revenue: Five Channels," Finance and Economics Discussion Series 2010-49. Board of Governors of the Federal Reserve System (U.S.).
• Molloy, Raven S., and Abigail Wozniak (2011). "Labor Reallocation Over the Business Cycle: New Evidence from Internal Migration," Journal of Labor Economics, vol. 29, no. 4, pp. 697-739.
• Saks, Raven E., and Abigail Wozniak (2007). "Labor Reallocation Over the Business Cycle: New Evidence from Internal Migration," Finance and Economics Discussion Series 2007-32. Board of Governors of the Federal Reserve System (U.S.).
• Molloy, Raven, and Hui Shan (2010). "The Effect of Gasoline Prices on Household Location," Finance and Economics Discussion Series 2010-36. Board of Governors of the Federal Reserve System (U.S.).
• Frydman, Carola, and Raven E. Saks (2010). "Executive Compensation: A New View from a Long-Term Perspective, 1936-2005," Review of Financial Studies, vol. 23, no. 5, pp. 2099-2138.
• Frydman, Carola, and Raven E. Saks (2007). "Executive Compensation: A New View from a Long-Term Perspective, 1936-2005," Finance and Economics Discussion Series 2007-35. Board of Governors of the Federal Reserve System (U.S.).
• Saks, Raven E. (2008). "Job Creation and Housing Construction: Constraints on Metropolitan Area Employment Growth," Journal of Urban Economics, vol. 64, no. 1, pp. 178-195.
• Saks, Raven E. (2005). "Job Creation and Housing Construction: Constraints on Metropolitan Area Employment Growth," Finance and Economics Discussion Series 2005-49. Board of Governors of the Federal Reserve System (U.S.).
• Saks, Raven E. (2008). "Reassessing the Role of National and Local Shocks in Metropolitan Area Housing Markets," Brookings-Wharton Papers on Urban Affairs, no. 9, pp. 95-117.
• Glaeser, Edward L., and Raven E. Saks (2006). "Corruption in America," Journal of Public Economics, vol. 90, no. 6-7, pp. 1053-1072.
• Glaeser, Edward L., Joseph Gyourko, and Raven E. Saks (2006). "Urban Growth and Housing Supply," Journal of Economic Geography, vol. 6, no. 1, pp. 71-89.
• Glaeser, Edward L., Joseph Gyourko, and Raven E. Saks (2005). "Why have Housing Prices Gone Up?" American Economic Review, vol. 95, no. 2, pp. 329-333.
• Glaeser, Edward L., Joseph Gyourko, and Raven Saks (2005). "Why is Manhattan so Expensive? Regulation and the Rise in Housing Prices," Journal of Law and Economics, vol. 48, no. 2, pp. 331-369.
• Saks, Raven E., and Stephen H. Shore (2005). "Risk and Career Choice," Advances in Economic Analysis & Policy, vol. 5, no. 1, pp. 1-43.
• Lebow, David E., Raven E. Saks, and Beth Anne Wilson (2003). "Downward Nominal Wage Rigidity: Evidence from the Employment Cost Index," Advances in Macroeconomics, Vol. 3, no. 1.
• Lebow, David E., Raven E. Saks, and Beth Anne Wilson (1999). "Downward Nominal Wage Rigidity: Evidence from the Employment Cost Index," Finance and Economics Discussion Series 1999-31. Board of Governors of the Federal Reserve System (U.S.).
• Cannon, Sandra A., Bruce Fallick, Michael Lettau, and Raven Saks (2001). "Has Compensation Become More Flexible?" in Polachek, Solomon,W. ed., Worker Wellbeing in a Changing Labor Market. Research in Labor Economics, vol. 20. Amsterdam; London and New York: Elsevier Science, JAI, pp. 243-269.
• Cannon, Sandra A., Bruce C. Fallick, Michael Lettau, and Raven Saks (2000). "Has Compensation Become More Flexible?" Finance and Economics Discussion Series 2000-27. Board of Governors of the Federal Reserve System (U.S.).

Presentations

• seminar

  November 2011

  Federal Reserve Bank of Philadelphia

  The Post-Foreclosure Experience of U.S. Households

• seminar

  November 2011

  Massachusetts Institute of Technology, Department of Urban Studies and Planning

  Gasoline Prices, Household Location, and Urban Sprawl

• conference

  May 2011

  Federal Reserve Bank of Cleveland Policy Summit

  The Post-Foreclosure Experience of U.S. Households

• conference

  April 2011

  Federal Reserve Community Affairs Research Conference

  The Post-Foreclosure Experience of U.S. Households

• conference

  November 2010

  Urban Economics Association

  The Post-Foreclosure Experience of U.S. Households

• conference

  November 2010

  Federal Reserve System Conference on Regional Economics

  The Post-Foreclosure Experience of U.S. Households

• conference

  July 2010

  Institut d'Economia de Barcelona Workshop on Urban Economics

  The Effect of Gasoline Prices on Household Location

• seminar

  May 2010

  University of Maryland, Department of Agricultural Economics

  The Effect of Gasoline Prices on Household Location

• conference

  May 2009

  Mid-Year Meeting of the Amerian Real Estate and Urban Economics Association

  The Contribution of Higher-Risk Lending to the 2002-2008 Housing Cycle

• conference

  November 2008

  Federal Reserve System Conference on Regional Economics

  The Contribution of Higher-Risk Lending to the 2002-2008 Housing Cycle

• conference

  November 2008

  Urban Economics Association

  The Contribution of Higher-Risk Lending to the 2002-2008 Housing Cycle

• conference

  July 2008

  International Conference of the American Real Estate and Urban Economics Association

  Resurrecting the National Housing Market: Reassessing the Role of National and Local Shocks in Metropolitan Area Housing Markets

• seminar

  April 10, 2008

  Massachusetts Institute of Technology Center for Real Estate

  The Current Housing Market Contraction: Is Subprime Lending to Blame?

• conference

  October 2007

  Brookings-Wharton Conference on Urban Affairs

  Resurrecting the National Housing Market: Reassessing the Role of National and Local Shocks in Metropolitan Area Housing Markets

• seminar

  November 2007

  University of Michigan, Department of Economics

  Executive Compensation: A New View from a Long-Term Perspective

• seminar

  April 2007

  Brookings Economic Studies Seminar Series

  Tax Policy and Executive Compensation

• seminar

  December 2006

  McGill University, Department of Economics

  Is Migration Procyclical? Evidence on Internal Migration over the Business Cycle

• conference

  November 2006

  Annual Meeting of the North American Regional Science Council

  Is Migration Procyclical? Evidence on Internal Migration over the Business Cycle

• conference

  November 2006

  Federal Reserve System Conference on Regional Economics

  Is Migration Procyclical? Evidence on Internal Migration over the Business Cycle

• conference

  May 2006

  Mid-Year Meeting of the Amerian Real Estate and Urban Economics Association

  Why Have Housing Prices Gone Up?

• conference

  January 2006

  Annual Meeting of the American Economic Association, Cliometric Society

  Executive Compensation: A New View from a Long-Term Perspective

• conference

  November 2005

  Annual Meeting of the North American Regional Science Council

  Job Creation and Housing Construction: Constraints on Metropolitan Area Employment Growth

Other Activities