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María José Luengo-Prado is an Associate Professor of Economics at Northeastern University, where she teaches Macroeconomics and Financial Economics. Her research interests include Macroeconomics (both theoretical and applied) and Public Economics. Her research to date has focused on understanding households' consumption and saving decisions under uncertainty and the effect of these decisions on the broader economy. In particular, she has studied the dual role of housing as consumption and savings. For example, Prof. Luengo-Prado has examined the impact of lower down payments on consumption volatility, and the role of housing on explaining the wealth distribution. Her work has been published in peer-reviewed journals such as the International Economic Review, the Jornal of Monetary Economics, the Review of Economics and Statistics, and the Review of Economic Dynamics. Prof. Luengo-Prado has also written on the use of vouchers to improve education and several aspects of the airline industry.
Prof. Luengo-Prado currently holds an appointment as Visiting Scholar at the Federal Reserve Bank of Boston's New England Public Policy Center. Previously, she was Assistant Professor of Economics at Universidad Carlos III in Madrid. She holds a Ph.D. in Economics from Brown University, an M.A. in Economics from the Katholieke Universiteit Leuven, Belgium, and a B.Sc. in Economics from the University of Salamanca, Spain.