Economist
T: 617-973-4220
F: 617-973-4218
Daniel.Cooper@bos.frb.org

Education | Work experience | Publications | Presentations | Fellowships and awards

Biography
Daniel Cooper is an economist in the macroeconomic/financial markets section of the research department. His doctoral dissertation examined the relationship between housing wealth and household behavior, and his main research interests relate to the housing market and consumer behavior. He is currently working on projects related to how falling house prices and changing consumer optimism impact household spending, as well as how changes in sales tax rates impact households' intertemporal spending decisions. Cooper holds a BA in economics from Amherst College. He earned his M.A. and Ph.D. in economics from the University of Michigan.

Education

Ph.D. (Economics), University of Michigan, 2009

M.A. (Economics), University of Michigan, 2006

B.A. (Economics, summa cum laude), Amherst College, 2001

Work experience

Federal Reserve Bank of Boston
   Economist, 2009–

Federal Reserve Bank of San Francisco
  Dissertation Intern, Winter 2008

Board of Governors of the Federal Reserve System
  Research Assistant, 2001–2004

Publications

Refereed articles

“The S&P 500 Effect: Not So Good in the Long Run," with Geoffrey Woglom. Journal of Investing 12(4): 62-73 (Winter 2003).

Working papers and other unpublished papers

“Impending Spending Bust? The Role of Housing Wealth as Borrowing Collateral." job market paper, (2009).

“Did Easy Credit Lead to Economic Peril? Home Equity Borrowing and Household Behavior in the Early 2000s." FRB Boston Public Policy Discussion Paper Series, no. 09-7, (2009).

“The Collateral Value of Illiquid Wealth: Home Equity Borrowing and Households' Precautionary Saving Motive." Working paper.

Presentations

“Impending Spending Bust? The Role of Housing Wealth as Borrowing Collateral." Northeastern University; Federal Reserve Board of Governors; Federal Reserve Bank of Boston; Federal Reserve Bank of Dallas; U.S. Census Bureau; U.S. Treasury Department; USDA Economics Research Service; FDIC, 2009. Michael Beauregaurd Seminar in Macroeconomics, University of Michigan, 2008.

“Did Easy Credit Lead to Economic Peril? Home Equity Borrowing and Household Behavior in the Early 2000s." QSPS Workshop; University of Michigan Macro Lunch, 2009.

“The Collateral Value of Illiquid Wealth: Home Equity Borrowing and Households' Precautionary Saving Motive." Econometric Society North American Summer Meetings, 2008. Society for Computational Economics Summer Meetings, 2007.

Fellowships and awards

National Institute of Aging Training Fellowship, Population Studies Center, University of Michigan, 2005-2006; 2007-2009.

Rackham Travel Grant, Rackham Graduate School, University of Michigan, 2007, 2008.

Regents Fellowship, Rackham Graduate School, University of Michigan, 2004-2005.

Summer Research Award, Economics Department, University of Michigan, 2005.

Bernstein Prize for Excellence in Economics, Amherst College, 2001.

Phi Beta Kappa, Amherst College, 2000.