About
Gene Amromin is a senior vice president and director of financial policy at the Federal Reserve Bank of Chicago.
In this role, Amromin provides strategic leadership related to financial policy and research to advance the mission of the Chicago Fed. He serves as a key advisor on financial policy issues to senior leadership at the Chicago Fed and leads and participates in a variety of finance-related projects with economists and policy professionals in the Research, Policy, and Public Engagement Department (RPPE) and other areas at the Chicago Fed and the System.
Amromin joined the Chicago Fed in 2005, following three years with the Board of Governors of the Federal Reserve System. His research focuses on housing markets, mortgage finance, household financial decision-making, taxation, and corporate finance. Amromin’s research has been published in the Journal of Political Economy, the Journal of Financial Economics, the Journal of Finance, the Review of Economic Studies, and the Journal of Public Economics. During 2011-12, he served as a senior economist on the President’s Council of Economic Advisers. Amromin received a B.A. in economics from Northwestern University and a Ph.D. in economics from the University of Chicago.
Bank Publications
Chicago Fed Insights
Chicago Fed Letter
Economic Perspectives
ProfitWise News and Views
Working papers
Working Papers
Selected External Publications
With Leslie McGranahan, 2015, "The Great Recession and Credit Trends across Income Groups," American Economic Review, Vol. 105, No. 5, pp. 147-53.
With Paul Harrison and Steven Sharpe, 2009, "How Did the 2003 Dividend Tax Cut Affect Stock Prices?," Financial Management.
2009, "Whither Loose Change? The Diminishing Demand for Small Denomination Currency," Journal of Money, Credit and Banking.
2008, "Precautionary Savings Motives and Tax-Efficiency of Household Portfolios: An Empirical Analysis," in Tax Policy and the Economy (James Poterba, ed.), Vol. 22, Cambridge, MA: MIT Press.
With Jennifer Huang and Clemens Sialm, 2007, "The Tradeoff between Mortgage Prepayments and Tax-Deferred Retirement Savings," Journal of Public Economics, Vol. 91, No. 10, pp. 2014-2040.
2003, "Household Portfolio Choices in Taxable and Tax-Deferred Accounts: Another Puzzle?," European Finance Review: Review of Finance, Vol. 7, No. 3, pp. 547-582.
With Nellie Liang, 2003, "Hedging Employee Stock Options, Corporate Taxes and Debt," National Tax Journal, Vol. 56, No. 3, pp. 513-533.
With Paul Smith, 2003, "What Explains Early Withdrawals from Retirement Accounts? Evidence from a Panel of Taxpayers," National Tax Journal, Vol. 56, No. 3, pp. 595-612.
Presentations and Other Resources
March 2015 | Download Presentation