Details about Donghoon Lee

Access statistics for papers by Donghoon Lee.

Last updated 2023-01-16. Update your information in the RePEc Author Service.

Short-id: ple372

Working Papers

2025

1. Are First‑Time Home Buyers Facing Desperate Times?
   Liberty Street Economics, Federal Reserve Bank of New York
2. Breaking Down Auto Loan Performance
   Liberty Street Economics, Federal Reserve Bank of New York

2024

3. Auto Loan Delinquency Revs Up as Car Prices Stress Budgets
   Liberty Street Economics, Federal Reserve Bank of New York
4. Consumer Credit Reporting Data
   Staff Reports, Federal Reserve Bank of New York
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2024)
5. Delinquency Is Increasingly in the Cards for Maxed‑Out Borrowers
   Liberty Street Economics, Federal Reserve Bank of New York
6. Financial Education and Household Financial Decisions During the Pandemic
   Staff Reports, Federal Reserve Bank of New York
7. Income Growth Outpaces Household Borrowing
   Liberty Street Economics, Federal Reserve Bank of New York
8. Mortgage Lock‑In Spurs Recent HELOC Demand
   Liberty Street Economics, Federal Reserve Bank of New York
9. The New York Fed Consumer Credit Panel: A Foundational CMD Data Set
   Liberty Street Economics, Federal Reserve Bank of New York

2023

10. An Update on the Health of the U.S. Consumer
    Liberty Street Economics, Federal Reserve Bank of New York
11. Credit Card Delinquencies Continue to Rise—Who Is Missing Payments?
    Liberty Street Economics, Federal Reserve Bank of New York
12. Credit Card Markets Head Back to Normal after Pandemic Pause
    Liberty Street Economics, Federal Reserve Bank of New York
13. FHA First-Time Buyer Homeownership Sustainability: An Update
    Liberty Street Economics, Federal Reserve Bank of New York
14. First-Time Buyers Did Not Drive Strong House Price Appreciation in 2021
    Liberty Street Economics, Federal Reserve Bank of New York
15. The Great Pandemic Mortgage Refinance Boom
    Liberty Street Economics, Federal Reserve Bank of New York
16. Younger Borrowers Are Struggling with Credit Card and Auto Loan Payments
    Liberty Street Economics, Federal Reserve Bank of New York

2022

17. Balances Are on the Rise—So Who Is Taking on More Credit Card Debt?
    Liberty Street Economics, Federal Reserve Bank of New York
18. Car Prices Drive Up Borrowing
    Liberty Street Economics, Federal Reserve Bank of New York
19. First-Time Buyers Were Undeterred by Rapid Home Price Appreciation in 2021
    Liberty Street Economics, Federal Reserve Bank of New York
20. Historically Low Delinquency Rates Coming to an End
    Liberty Street Economics, Federal Reserve Bank of New York
21. Intermediation Frictions in Debt Relief: Evidence from CARES Act Forbearance
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (2)
    Also in Staff Reports, Federal Reserve Bank of New York (2022) View citations (2)
22. Refinance Boom Winds Down
    Liberty Street Economics, Federal Reserve Bank of New York

2021

23. Credit Card Balance Declines Are Largest Among Older, Wealthier Borrowers
    Liberty Street Economics, Federal Reserve Bank of New York
24. Credit Card Trends Begin to Normalize after Pandemic Paydown
    Liberty Street Economics, Federal Reserve Bank of New York
25. Forbearance Participation Declines as Programs’ End Nears
    Liberty Street Economics, Federal Reserve Bank of New York
26. How COVID-19 Affected First-Time Homebuyers
    Liberty Street Economics, Federal Reserve Bank of New York
27. Keeping Borrowers Current in a Pandemic
    Liberty Street Economics, Federal Reserve Bank of New York
28. Mortgage Rates Decline and (Prime) Households Take Advantage
    Liberty Street Economics, Federal Reserve Bank of New York
29. Small Business Owners Turn to Personal Credit
    Liberty Street Economics, Federal Reserve Bank of New York
30. What Happens during Mortgage Forbearance?
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
31. What’s Next for Forborne Borrowers?
    Liberty Street Economics, Federal Reserve Bank of New York

2020

32. A Monthly Peek into Americans’ Credit During the COVID-19 Pandemic
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
33. Charging into Adulthood: Credit Cards and Young Consumers
    Liberty Street Economics, Federal Reserve Bank of New York
34. Debt Relief and the CARES Act: Which Borrowers Benefit the Most?
    Liberty Street Economics, Federal Reserve Bank of New York
35. Debt Relief and the CARES Act: Which Borrowers Face the Most Financial Strain?
    Liberty Street Economics, Federal Reserve Bank of New York
36. Following Borrowers through Forbearance
    Liberty Street Economics, Federal Reserve Bank of New York
37. Inequality in U.S. Homeownership Rates by Race and Ethnicity
    Liberty Street Economics, Federal Reserve Bank of New York
38. U.S. Consumer Debt Payments and Credit Buffers on the Eve of COVID-19
    Liberty Street Economics, Federal Reserve Bank of New York

2019

39. A Better Measure of First-Time Homebuyers
    Liberty Street Economics, Federal Reserve Bank of New York
40. Just Released: Auto Loans in High Gear
    Liberty Street Economics, Federal Reserve Bank of New York
41. Just Released: Press Briefing on the Evolution and Future of Homeownership
    Liberty Street Economics, Federal Reserve Bank of New York
42. Just Released: Shifts in Credit Market Participation over Two Decades
    Liberty Street Economics, Federal Reserve Bank of New York
43. Mind the Gap in Delinquency Rates
    Liberty Street Economics, Federal Reserve Bank of New York
44. Racial Disparities in Student Loan Outcomes
    Liberty Street Economics, Federal Reserve Bank of New York
45. The Sustainability of First-Time Homeownership
    Liberty Street Economics, Federal Reserve Bank of New York
46. Trends in household debt and credit
    Staff Reports, Federal Reserve Bank of New York View citations (3)
47. Who Borrows for College—and Who Repays?
    Liberty Street Economics, Federal Reserve Bank of New York
48. Who’s on First? Characteristics of First-Time Homebuyers
    Liberty Street Economics, Federal Reserve Bank of New York

2018

49. Just Released: A Look at Borrowing, Repayment, and Bankruptcy Rates by Age
    Liberty Street Economics, Federal Reserve Bank of New York
50. Just Released: Cleaning Up Collections
    Liberty Street Economics, Federal Reserve Bank of New York
51. Just Released: Great Recession’s Impact Lingers in Hardest-Hit Regions
    Liberty Street Economics, Federal Reserve Bank of New York
52. Long-term outcomes of FHA first-time homebuyers
    Staff Reports, Federal Reserve Bank of New York View citations (2)
    See also Journal Article Long-term outcomes of FHA first-time homebuyers, Economic Policy Review, Federal Reserve Bank of New York (2018) View citations (2) (2018)

2017

53. Echoes of rising tuition in students’ borrowing, educational attainment, and homeownership in post-recession America
    Staff Reports, Federal Reserve Bank of New York View citations (14)
    See also Journal Article Echoes of rising tuition in students’ borrowing, educational attainment, and homeownership in post-recession America, Journal of Urban Economics, Elsevier (2021) View citations (6) (2021)
54. Household Borrowing in Historical Perspective
    Liberty Street Economics, Federal Reserve Bank of New York
55. Just Released: Auto Lending Keeps Pace as Delinquencies Mount in Auto Finance Sector
    Liberty Street Economics, Federal Reserve Bank of New York
56. Just Released: More Credit Cards, Higher Limits, and... an Uptick in Delinquency
    Liberty Street Economics, Federal Reserve Bank of New York
57. Just Released: Total Household Debt Nears 2008 Peak but Debt Picture Looks Much Different
    Liberty Street Economics, Federal Reserve Bank of New York

2016

58. Debt-for-Opportunity? Student Loans and Economic Mobility
    2016 Meeting Papers, Society for Economic Dynamics
59. Just Released: Hints of Increased Hardship in America’s Oil-Producing Counties
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
60. Just Released: Recent Developments in Consumer Credit Card Borrowing
    Liberty Street Economics, Federal Reserve Bank of New York
61. Just Released: Subprime Auto Debt Grows Despite Rising Delinquencies
    Liberty Street Economics, Federal Reserve Bank of New York
62. Puerto Rico's Evolving Household Debts
    Liberty Street Economics, Federal Reserve Bank of New York
63. The Graying of American Debt
    Liberty Street Economics, Federal Reserve Bank of New York
64. Whither Mortgages?
    Liberty Street Economics, Federal Reserve Bank of New York

2015

65. Household Formation within the “Boomerang Generation”
    Liberty Street Economics, Federal Reserve Bank of New York
66. Just Released: Press Briefing on Student Loan Borrowing and Repayment Trends, 2015
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
67. Just Released: Student Loan Delinquency Rate Defies Overall Downward Trend in Household Debt and Credit Report for Fourth Quarter 2014
    Liberty Street Economics, Federal Reserve Bank of New York
68. Looking at Student Loan Defaults through a Larger Window
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
69. Payback Time? Measuring Progress on Student Debt Repayment
    Liberty Street Economics, Federal Reserve Bank of New York View citations (1)
70. The Option Value of Human Capital: Higher Education and Wage Inequality
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
71. The Student Loan Landscape
    Liberty Street Economics, Federal Reserve Bank of New York
72. Trends in Debt Concentration in the United States By Income
    Liberty Street Economics, Federal Reserve Bank of New York

2014

73. Just Released: Household Debt Balances Increase as Deleveraging Period Concludes
    Liberty Street Economics, Federal Reserve Bank of New York
74. Just Released: Looking under the Hood of the Subprime Auto Lending Market
    Liberty Street Economics, Federal Reserve Bank of New York
75. Just Released: Who's Borrowing Now? The Young and the Riskless!
    Liberty Street Economics, Federal Reserve Bank of New York
76. Measuring student debt and its performance
    Staff Reports, Federal Reserve Bank of New York View citations (18)
77. Tuition, jobs, or housing: what's keeping millennials at home?
    Staff Reports, Federal Reserve Bank of New York View citations (24)

2013

78. Just Released: Deleveraging Decelerates and Household Balances Increase
    Liberty Street Economics, Federal Reserve Bank of New York
79. Just Released: Who Is Driving the Auto Lending Recovery?
    Liberty Street Economics, Federal Reserve Bank of New York

2012

80. A New Look at Second Liens
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    Also in Staff Reports, Federal Reserve Bank of New York (2012) View citations (19)
    See also Chapter A New Look at Second Liens, NBER Chapters, National Bureau of Economic Research, Inc (2012) View citations (23) (2012)
81. Grading Student Loans
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
82. The Option Value of Human Capital
    2012 Meeting Papers, Society for Economic Dynamics View citations (6)

2011

83. Do we know what we owe? A comparison of borrower- and lender-reported consumer debt
    Staff Reports, Federal Reserve Bank of New York View citations (15)
84. Have Consumers Been Deleveraging?
    Liberty Street Economics, Federal Reserve Bank of New York
    Also in Liberty Street Economics, Federal Reserve Bank of New York (2011)
85. Household Debt and Saving During the 2007 Recession
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    Also in Staff Reports, Federal Reserve Bank of New York (2011) View citations (12)
    See also Chapter Household Debt and Saving during the 2007 Recession, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (12) (2013)
86. Just Released: Household Debt and Credit Developments in the Nation and the Region in 2011:Q1
    Liberty Street Economics, Federal Reserve Bank of New York
87. Real estate investors, the leverage cycle, and the housing market crisis
    Staff Reports, Federal Reserve Bank of New York View citations (52)
88. The Financial Crisis and the Role of Real Estate Investors
    2011 Meeting Papers, Society for Economic Dynamics View citations (4)
89. “Flip This House”: Investor Speculation and the Housing Bubble
    Liberty Street Economics, Federal Reserve Bank of New York

2010

90. An introduction to the FRBNY Consumer Credit Panel
    Staff Reports, Federal Reserve Bank of New York View citations (123)
91. The financial crisis at the kitchen table: trends in household debt and credit
    Staff Reports, Federal Reserve Bank of New York View citations (14)
    See also Journal Article The financial crisis at the kitchen table: trends in household debt and credit, Current Issues in Economics and Finance, Federal Reserve Bank of New York (2013) View citations (15) (2013)

2007

92. Increasing idiosyncratic risk and converging gender differentials in the labor market
    2007 Meeting Papers, Society for Economic Dynamics

2006

93. Accounting for Wage and Employment Changes in the U. S. from 1968-2000: A Dynamic Model of Labor Market Equilibrium
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (10)
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (9)
    See also Journal Article Accounting for wage and employment changes in the US from 1968-2000: A dynamic model of labor market equilibrium, Journal of Econometrics, Elsevier (2010) View citations (64) (2010)

2004

94. Estimating a General Equilibrium Model of Intersectoral Mobility with Aggregate Shocks
    2004 Meeting Papers, Society for Economic Dynamics
95. Intersectoral Labor Mobility and the Growth of the Service Sector
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania View citations (22)
    See also Journal Article Intersectoral Labor Mobility and the Growth of the Service Sector, Econometrica, Econometric Society (2006) View citations (257) (2006)

Journal Articles

2022

1. Development of Flow-Based Heating Supply Water Temperature Control for Apartment Building Using District Heating System
   Sustainability, 2022, 14, (13), 1-18
2. Discussion of ‘Multi-scale Fisher’s independence test for multivariate dependence’
   (Multi-scale Fisher’s independence test for multivariate dependence)
   Biometrika, 2022, 109, (3), 593-596 View citations (1)

2021

3. Echoes of rising tuition in students’ borrowing, educational attainment, and homeownership in post-recession America
   Journal of Urban Economics, 2021, 122, (C) View citations (6)
   See also Working Paper Echoes of rising tuition in students’ borrowing, educational attainment, and homeownership in post-recession America, Staff Reports (2017) View citations (14) (2017)

2018

4. Long-term outcomes of FHA first-time homebuyers
   Economic Policy Review, 2018, (24-3), 145-165 View citations (2)
   See also Working Paper Long-term outcomes of FHA first-time homebuyers, Staff Reports (2018) View citations (2) (2018)

2015

5. Do we know what we owe? Consumer debt as reported by borrowers and lenders
   Economic Policy Review, 2015, (21-1), 19-44 View citations (9)
6. Simulated maximum likelihood estimation for discrete choices using transformed simulated frequencies
   Journal of Econometrics, 2015, 187, (1), 131-153 View citations (3)

2013

7. The financial crisis at the kitchen table: trends in household debt and credit
   Current Issues in Economics and Finance, 2013, 19, (April) View citations (15)
   See also Working Paper The financial crisis at the kitchen table: trends in household debt and credit, Staff Reports (2010) View citations (14) (2010)

2010

8. Accounting for wage and employment changes in the US from 1968-2000: A dynamic model of labor market equilibrium
   Journal of Econometrics, 2010, 156, (1), 68-85 View citations (64)
   See also Working Paper Accounting for Wage and Employment Changes in the U. S. from 1968-2000: A Dynamic Model of Labor Market Equilibrium, PIER Working Paper Archive (2006) View citations (10) (2006)

2007

9. A Parallel Implementation of the Simplex Function Minimization Routine
   Computational Economics, 2007, 30, (2), 171-187 View citations (10)

2006

10. Intersectoral Labor Mobility and the Growth of the Service Sector
    Econometrica, 2006, 74, (1), 1-46 View citations (257)
    See also Working Paper Intersectoral Labor Mobility and the Growth of the Service Sector, PIER Working Paper Archive (2004) View citations (22) (2004)

2005

11. AN ESTIMABLE DYNAMIC GENERAL EQUILIBRIUM MODEL OF WORK, SCHOOLING, AND OCCUPATIONAL CHOICE
    International Economic Review, 2005, 46, (1), 1-34 View citations (98)

Chapters

2013

1. Household Debt and Saving during the 2007 Recession
   A chapter in Measuring Wealth and Financial Intermediation and Their Links to the Real Economy, 2013, pp 273-322 View citations (12)
   See also Working Paper Household Debt and Saving During the 2007 Recession, National Bureau of Economic Research, Inc (2011) View citations (20) (2011)

2012

2. A New Look at Second Liens
   A chapter in Housing and the Financial Crisis, 2012, pp 205-234 View citations (23)
   See also Working Paper A New Look at Second Liens, National Bureau of Economic Research, Inc (2012) View citations (24) (2012)