Ronel Elul is a Senior Economic Advisor and Economist in the research department of the Federal Reserve Bank of Philadelphia. Previously he was an Assistant Professor of Economics at Brown University, and has also served as a visiting faculty member in Finance at the Wharton School, New York University's Stern School, Tel-Aviv University, and the Interdisciplinary Center. He also worked as a consultant in fixed-income research at Kidder-Peabody & Co. He earned his Ph.D. in Economics from Yale University, a Diploma in Statistics from Cambridge University and a B.A. in Applied Mathematics from Berkeley. His research interests are in applied and theoretical microeconomics and financial markets, particularly in the areas of consumer credit, mortgage markets and banking. He is also involved in the Federal Reserve System’s stress testing effort.
Housing wealth and consumption: The role of heterogeneous credit constraints
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- Financial Markets