Joseph Vavra
Professor of Economics
Savvy Refinancers Reinforce Mortgage-Market Inequality
The problem is larger than previously calculated.
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Biography
Joseph Vavra, Professor of Economics, studies macroeconomics and monetary economics, the influence of housing on the macroeconomy and the effects of regional business cycles on aggregate activity.
In his recent research argues that monetary policy actions such as QE1 during the Great Recession amplified inequality and explores the consequences of stimulus policies during the pandemic.
Vavra holds multiple degrees (Ph.D., M.Phil., M.A.) all in economics from Yale University. Additionally, he earned a B.A. (magna cum laude) in math, mathematical economic analysis, and statistics from Rice University.
Research Interests
My research interests are in empirical macroeconomics, business cycles and monetary policy, with a particular focus on the implications of microdata for aggregate phenomenon and on whether the same policies may have different effects if engaged during different phases of the business cycle.
2023 - 2024 Course Schedule
Get Insights from Joseph Vavra in Chicago Booth Review
Do Shoppers Have Too Many Choices?
US consumer goods are proliferating rapidly, with implications for consumers and companies.
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CARES Unemployment Payments Replaced Lost Wages, and Then Some
Three-quarters of US workers received more from unemployment insurance under CARES than they did from wages alone when they were working.
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