DAVE LOW'S SITE
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Hello!  And welcome to my personal website! 

​I'm a senior economist at the Consumer Financial Protection Bureau.  Like all of us at the CFPB, I specialize in household finance.  I have spent most of my time on mortgages and auto loans, but I've worked on a bunch of other topics ranging from overdraft and deposit advance products to the LIBOR transition.

In my work I've been fortunate to analyze some incredibly innovative datasets, both for academic research and for policy work like rulemakings and public-facing reports.  You can find some of my public work below.   

Please feel free to reach out at: [email protected] or [email protected].​

Research
​Academic Papers:

Expense Shocks Matter (with Scott Fulford)

Auto Dealer Loan Intermediation: Consumer Behavior and Competitive Effects
 (with Andreas Grunewald, Jonathan A. Lanning, and Tobias Salz).  Revise & Resubmit, American Economic Review.

What Triggers Mortgage Default? New Evidence from Linked Administrative and Survey Data (ASMB instruments available here).  Accepted, The Review of Economics and Statistics.

An Empirically-Disciplined Theory of Mortgage Default.  (Formerly titled "Mortgage Default with Positive Equity").  Revise & Resubmit, Review of Financial Studies​​

Measuring the "World" Real Interest Rate (with Mervyn King).  NBER Working Paper Working Paper 19887.


Work in Progress:

​Even Self-Aware Consumers are Overconfident (with Christopher Carroll, Daniel Grodzicki, and Matthew White)


​Non-Technical Papers:

Data Point: Subprime Auto Loan Outcomes by Lender Type (with Jasper Clarkberg and Jack Gardner)

Special Issue Brief: Characteristics of Mortgage Borrowers During the COVID-19 Pandemic (with Erik Durbin, Greta Li, and Judith Ricks)
​

​Data Point: Frequent Overdrafters (with  Éva Nagypál , Leslie Parrish , Akaki Skhirtladze , and Corey Stone )