María Luengo-Prado
Biographic Data
| ID | 5805641 |
|---|---|
| NAME | María Luengo-Prado |
| GIVEN NAMES | María |
| FAMILY NAME | Luengo-Prado |
| SIGNATURE | LUENGO-PRADO M |
| AFFILIATIONS | Federal Reserve Bank of Boston |
| ORCID | 0000-0002-1994-2925 |
| VERIFIED | Yes |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 11 |
| AUTHOR COUNT | 6 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 2 |
The mitigating effect of masks on the spread of Covid-19
The Credit Card Debt Puzzle: The Role of Preferences, Credit Access Risk, and Financial Literacy
We use the 1979 National Longitudinal Survey of Youth to revisit what is termed the credit card debt puzzle: why consumers simultaneously co-hold high-interest credit card debt and low-interest assets that could be used to pay down this debt. Relative to individuals with no credit card debt but positive liquid assets, borrower-savers have very different perceptions of future credit access risk and use credit cards for precautionary motives. Moreo…
The Rise and Fall of Consumption in the 2000s: A Tangled Tale
US consumption has gone through steep ups and downs since 2000. We quantify the statistical impact of income, unemployment, house prices, credit scores, debt, financial assets, expectations, foreclosures and inequality on county‐level consumption growth for four subperiods: the ‘dot‐com recession’ (2001–3), the ‘subprime boom’ (2004–6), the Great Recession (2007–9) and the ‘tepid recovery’ (2010–12). Consumption growth cannot be explained by a fe…
House price growth when children are teenagers: A path to higher earnings
Time to Cook: Expenditure at Retirement in Spain
Journal Article Time to Cook: Expenditure at Retirement in Spain Get access María José Luengo‐Prado, María José Luengo‐Prado Maria Jose Luengo‐Prado, Northeastern University, Department of Economics Search for other works by this author on: Oxford Academic Google Scholar Almudena Sevilla Almudena Sevilla Northeastern University Queen Mary University of London Search for other works by this author on: Oxford Academic Google Scholar The Economic Jo…
What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption
This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a mod…
Time to Cook: Expenditure at Retirement in Spain
Journal Article Time to Cook: Expenditure at Retirement in Spain Get access María José Luengo‐Prado, María José Luengo‐Prado Maria Jose Luengo‐Prado, Northeastern University, Department of Economics Search for other works by this author on: Oxford Academic Google Scholar Almudena Sevilla Almudena Sevilla Northeastern University Queen Mary University of London Search for other works by this author on: Oxford Academic Google Scholar The Economic Jo…
House price growth when children are teenagers: A path to higher earnings
What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption
This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a mod…
Time to Cook: Expenditure at Retirement in Spain
Journal Article Time to Cook: Expenditure at Retirement in Spain Get access María José Luengo‐Prado, María José Luengo‐Prado Maria Jose Luengo‐Prado, Northeastern University, Department of Economics Search for other works by this author on: Oxford Academic Google Scholar Almudena Sevilla Almudena Sevilla Northeastern University Queen Mary University of London Search for other works by this author on: Oxford Academic Google Scholar The Economic Jo…
House price growth when children are teenagers: A path to higher earnings
The Credit Card Debt Puzzle: The Role of Preferences, Credit Access Risk, and Financial Literacy
We use the 1979 National Longitudinal Survey of Youth to revisit what is termed the credit card debt puzzle: why consumers simultaneously co-hold high-interest credit card debt and low-interest assets that could be used to pay down this debt. Relative to individuals with no credit card debt but positive liquid assets, borrower-savers have very different perceptions of future credit access risk and use credit cards for precautionary motives. Moreo…
The Rise and Fall of Consumption in the 2000s: A Tangled Tale
US consumption has gone through steep ups and downs since 2000. We quantify the statistical impact of income, unemployment, house prices, credit scores, debt, financial assets, expectations, foreclosures and inequality on county‐level consumption growth for four subperiods: the ‘dot‐com recession’ (2001–3), the ‘subprime boom’ (2004–6), the Great Recession (2007–9) and the ‘tepid recovery’ (2010–12). Consumption growth cannot be explained by a fe…
The mitigating effect of masks on the spread of Covid-19
Economics (6 works) · Financial Literacy, Pension, Retirement Analysis (5 works) · Housing Market and Economics (4 works) · Monetary economics (3 works) · Consumption (sociology) (2 works) · Debt (2 works) · Demographic economics (2 works) · Demography (2 works) · Demography (2 works) · Econometrics (2 works)