Meet the Economists
Serafin J. Grundl
Senior Economist
Financial Structure Section
Research and Statistics
202-452-2910
[email protected]
[email protected]
Education
- Ph.D., Economics, University of Wisconsin, 2014
- M.A., Economics, LMU Munich, 2008
- B.A., Economics, LMU Munich, 2007
Current Research Topics
- Auctions
- Antitrust
Senior Economist
Board of Governors of the Federal Reserve System
2017 - presentEconomist
Board of Governors of the Federal Reserve System
2014 - 2017
- Grundl, Serafin, and You Suk Kim (2019). "Consumer Mistakes and Advertising: The Case of Mortgage Refinancing," Quantitative Marketing and Economics, vol. 17, no. 2. http://dx.doi.org/10.1007/s11129-018-9207-3
- Grundl, Serafin, and You Suk Kim (2019). "The Marginal Effect of Government Mortgage Guarantees on Homeownership," Finance and Economics Discussion Series 2019-027. Board of Governors of the Federal Reserve System (U.S.).
- Grundl, Serafin, and Yu Zhu (2019). "Identification and Estimation of Risk Aversion in First-Price Auctions with Unobserved Auction Heterogeneity," Journal of Econometrics, vol. 21, no. 2. http://dx.doi.org/10.1016/j.jeconom.2019.02.004
- Grundl, Serafin, and Yu Zhu (2019). "Robust Inference in First-Price Auctions: Experimental Findings as Identifying Restrictions," Finance and Economics Discussion Series 2019-006. Board of Governors of the Federal Reserve System (U.S.).
- Anenberg, Eliot, Maggie Church, Serafin Grundl, and You Suk Kim (2018). "On the Benefits of Universal Banks: Concurrent Lending and Corporate Bond Underwriting," FEDS Notes 2018-04-05. Board of Governors of the Federal Reserve System (U.S.).
- Anenberg, Elliot, Andrew C. Chang, Serafin Grundl, Kevin Moore, and Richard Windle (2018). "The Branch Puzzle: Why Are there Still Bank Branches?" FEDS Notes 2018-08-20. Washington: Board of Governors of the Federal Reserve System (U.S.).
- Aryal, Gaurab, Serafin Grundl, Dong-Hyuk Kim, and Yu Zhu (2018). "Empirical Relevance of Ambiguity in First-Price Auctions," Journal of Econometrics, vol. 204, no. 2, pp. 189-206.
- Gramlich, Jacob, and Serafin Grundl (2018). "The Effect of Common Ownership on Profits: Evidence From the U.S. Banking Industry," Finance and Economics Discussion Series 2018-069. Board of Governors of the Federal Reserve System (U.S.).
- Gramlich, Jacob, and Serafin Grundl (2017). "Estimating the Competitive Effects of Common Ownership," Finance and Economics Discussion Series 2017-029r. Board of Governors of the Federal Reserve System (U.S.).
- Grundl, Serafin, and You Suk Kim (2017). "Consumer Mistakes and Advertising: The Case of Mortgage Refinancing," Finance and Economics Discussion Series 2017-067. Board of Governors of the Federal Reserve System (U.S.).
- Grundl, Serafin, and Yu Zhu (2016). "Identification and Estimation of Risk Aversion in First Price Auctions with Unobserved Auction Heterogeneity," Staff Working Paper 2016-23. Bank of Canada.
- Grundl, Serafin J., and Yu Zhu (2015). "Identification and Estimation of Risk Aversion in First Price Auctions With Unobserved Auction Heterogeneity," Finance and Economics Discussion Series 2015-089. Board of Governors of the Federal Reserve System (U.S.).
- Grundl, Serafin J. and Yu Zhu (2015). "Identification of First-Price Auctions With Biased Beliefs," Finance and Economics Discussion Series 2015-056. Board of Governors of the Federal Reserve System (U.S.).
- Grundl, Serafin (2014). "Essays in Industrial Organization," Ph.D. disseration, University of Wisconsin.
Last update:
June 30, 2022