Follow us
Publications Commentary Research People Events News Resources and Videos About IFS
Home People Patrick Moran
Patrick Moran

Patrick Moran

Visiting Scholar

Patrick is a Visiting Scholar at the IFS and a PhD Candidate in Economics at the University of Oxford. His research interests include macroeconomics, housing, and household life cycle behavior. In current research he studies the role of housing as a savings commitment device, looking at the impact of new mortgage products on consumption and wealth accumulation.

Academic outputs

IFS Working Paper W19/18
The vast majority of household wealth in the U.S. is held in illiquid assets, primarily housing, making households vulnerable to unexpected income shocks. To rationalize this preference for illiquidity, we build a life-cycle model where households are tempted to consume their liquid wealth but can ...

Reports and comment

Presentations