Photo of Erik A. Heitfield

Erik A. Heitfield

Education

  • Ph.D., Economics, University of California - Berkeley, 1998
  • B.S., Economics, George Mason University, 1991
  • Economist

    Board of Governors of the Federal Reserve System

    1998 - present
  • Indicative Forward-Looking SOFR Term Rates
    Erik Heitfield and Yang-Ho Park
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2347
  • Inferring Term Rates from SOFR Futures Prices
    Erik Heitfield and Yang-Ho Park
    Finance and Economics Discussion Series (2019)
    https://doi.org/10.17016/FEDS.2019.014
  • Contagion During the Initial Banking Panic of the Great Depression
    Erik Heitfield, Gary Richardson, and Shirley Wang
    NBER Working Paper Series (2017)
    https://doi.org/10.3386/w23629
  • Risk-Based Regulatory Capital and the Basel Accords
    Michael Gordy, Erik Heitfield, and Jason J. Wu
    Oxford Handbook of Banking (2015)
    https://doi.org/10.1093/oxfordhb/9780199688500.013.0023
  • The Regulation of Counterparty Risk in Over-the-Counter Derivatives Markets
    Sean D. Campbell and Erik Heitfield
    Counterparty Risk Management: Measurement, Pricing and Regulation (2014)
  • Lessons from the Crisis in Mortgage-Backed Structured Securities: Where Did Credit Ratings Go Wrong?
    Erik A. Heitfield
    Rethinking Risk Management and Reporting: Bayesian Analysis and Expert Judgement (2010)
  • Risk-Based Regulatory Capital and Basel II
    Michael B. Gordy and Erik A. Heitfield
    Oxford Handbook of Banking (2010)
    https://doi.org/10.1093/oxfordhb/9780199640935.013.0014
  • Small Sample Estimation of Models of Portfolio Credit Risk
    Michael B. Gordy and Erik Heitfield
    Recent Advances in Financial Engineering (2010)
  • Systematic and Idiosyncratic Risk in Syndicated Loan Portfolios
    Erik Heitfield, Steve Burton, and Souphala Chomsisengphet
    Journal of Credit Risk (2006)
    https://doi.org/10.21314/JCR.2006.038
  • Review of: Credit Reporting Systems and the International Economy
    Erik A. Heitfield
    Journal of Economic Literature (2005)
    https://doi.org/10.1257/0022051054661521
  • Risk Sensitive Regulatory Capital Rules for Hedged Credit Exposures
    Erik A. Heitfield, Steve Burton, and Souphala Chomsisengphet
    Counterparty Credit Risk Modelling (2005)
  • What Drives Default and Prepayment on Subprime Auto Loans?
    Erik Heitfield and Tarun Sabarwal
    Journal of Real Estate Finance and Economics (2004)
    https://doi.org/10.1023/B:REAL.0000044023.02636.e6
  • The Geographic Scope of Retail Deposit Markets
    Erik Heitfield and Robin A. Prager
    Journal of Financial Services Research (2004)
    https://doi.org/10.1023/B:FINA.0000008664.47740.a5
    See also » FRB Working Paper (2002)
  • Using Guarantees and Credit Derivatives to Reduce Credit Risk Capital Requirements under the New Basel Capital Accord
    Erik A. Heitfield
    Credit Derivatives: The Definitive Guide (2003)
  • Parametric, Semi-parametric and Non-parametric Models of Telecommunications Demand: An Investigation of Residential Calling Patterns
    Erik Heitfield and Armando Levy
    Information Economics and Policy (2001)
    https://doi.org/10.1016/S0167-6245(01)00033-6
  • Monitoring, Moral Hazard, and Market Power: A Model of Bank Lending
    Daniel Covitz and Erik Heitfield
    Finance and Economics Discussion Series (1999)
    https://doi.org/10.17016/FEDS.1999.37
  • What Do Interest Rate Data Say About the Geography of Retail Banking Markets?
    Erik A. Heitfield
    Antitrust Bulletin (1999)
Last update: October 3, 2022