Understanding the Subprime Mortgage Crisis

Yuliya Demyanyk

Senior research economist in the Research Department at the Cleveland Federal Reserve Bank

Yuliya Demyanyk was on campus March 4, 2009, for a public lecture entitled "Understanding the Subprime Mortgage Crisis."  While on campus, she had dinner with faculty and community members and a breakfast question and answer with students.

Demyanyk's research focuses on analysis of the subprime mortgage market, on the roles that financial intermediation and banking regulation play in the U.S. economy, and on analysis of financial integration in the United States as well as in the European Union.

Before joining the Cleveland Fed, Dr. Demyanyk was an economist in the Banking Supervision and Regulation Department at the Federal Reserve Bank of St. Louis. She has taught at Washington University in St. Louis and the University of Houston. She has a PhD in economics from the University of Houston, an MA in economics from the Kyiv-Mohyla Academy, Economic Education and Research Consortium (EERC), Ukraine, and an MA in physics from the National University of Odessa, Ukraine.

Here is the paper she published with Otto Van Hemert on the subprime mortgage crisis.