Slava Mikhed

Advisor and Research Fellow, Consumer Finance Institute

Phone: (215) 574-7111
Fax: (215) 574-7101

Curriculum vitae

Areas of Expertise

  • Consumer Finance
  • Personal Bankruptcy
  • Identity Theft and Fraud
  • Urban Economics
  • Health Economics

About Slava Mikhed

Slava Mikhed joined the Federal Reserve Bank of Philadelphia in July 2013. Slava’s research interests lie in the areas of household finance, consumer credit, personal bankruptcy, mortgage foreclosure, and real estate economics. His current research explores the impacts on personal bankruptcy of income shocks, income inequality, and ease of access to the bankruptcy system. He is also examining the effect of government policies promoting lending to low-income and minority borrowers on U.S. mortgage foreclosures. His previous work, exploring U.S. house price bubbles, has been published in the Journal of Housing Economics and the Journal of Real Estate Finance and Economics.

Slava received a Ph.D. degree in economics from the University of Alberta, an M.A. degree in economics from the Center for Economic Research and Graduate Education — Economics Institute (Czech Republic), an M.A. degree in economics from Economics Education and Research Consortium (Ukraine), and a B.A. in economics from the National University of "Kyiv-Mohyla Academy" (Ukraine).

Select Publications

Discussion Papers

Working Papers

Articles in Refereed Journals

  • Agarwal, S., V. Mikhed, and B. Scholnick, "Peers’ Income and Financial Distress: Evidence from Lottery Winners and Neighboring Bankruptcies," Review of Financial Studies, 33(1), January 2020, 433–472.
  • Mikhed, V. and M. Vogan, "How Data Breaches Affect Consumer Credit," Journal of Banking & Finance, 88, March 2018, 192-207.
  • Mikhed, V. and P. Zemčík, "Do House Prices Reflect Fundamentals? Aggregate and Panel Data Evidence," Journal of Housing Economics, 18(2), June 2009, 140-149.
  • Mikhed, V. and P. Zemčík, "Testing for Bubbles in Housing Markets: A Panel Data Approach," Journal of Real Estate Finance and Economics, 38(4), May 2009, 366-386

Select Events Organized


  • Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection – January 2014