Housing Finance Reform Incubator, Housing Finance Policy Center, The Urban Institute
Patricia Mosser
Director, MPA Program in Economic Policy Management; Senior Research Scholar of International and Public Affairs
Personal Details
Patricia C. Mosser is Director of the MPA Program in Economic Policy Management at Columbia University’s School of International and Public Affairs and leads the School’s Initiative on Central Banking and Financial Policy. Previously, she was head of Research and Analysis at the Office of Financial Research, U.S. Treasury. Mosser spent over 20 years at the Federal Reserve Bank of New York where she was senior manager at the New York Fed’s open market desk overseeing financial market analysis, monetary policy implementation, crisis-related facilities, foreign exchange and investment operations, and analysis of financial stability and reform. In 2009, she was SOMA manager for the FOMC. She previously served as an economist and manager in the New York Fed Research Department and as an assistant professor in the Economics Department at Columbia. Mosser has written on financial stability and monetary policy topics including financial reform, crisis policy tools, cyber risks to financial stability, and the monetary transmission mechanism. She was previously a consultant to the Bank of England, a member of the Deputies Committee of the Financial Stability Oversight Council, and a board member of the American Economic Association’s Committee on the Status of Women in the Economics Profession. Currently, she serves as an outside director of Nomura Holdings Incorporated and Nomura Holdings America and is a member of the Advisory Group to the Digital Dollar Project.
Education
- PhD in Economics, MIT
- MSc with distinction, London School of Economics
- BA in Mathematics and Economics, Wellesley College
Research And Publications
Rethinking the Central Bank’s Mandate, Sveriges Riksbank Economic Review
The Capital Structure and Governance of a Mortgage Security Utility
with Joseph Tracy and Joshua Wright, Staff Reports #644, Federal Reserve Bank of New York
A Private Lender Cooperative Utility Model for Residential Mortgage Finance
with T. Dechario et. al. in the American Mortgage System Crisis and Reform
Overview: Federal Reserve Policy Responses to the Financial Crisis
Economic Policy Review, Vol 17 No 1, Federal Reserve Bank of New York
In The Media
A webinar featuring SIPA professors Jacob Lew and Patricia Mosser and Columbia Business School professor Glenn Hubbard in conversation with Dean Merit E. Janow of SIPA.
The Central Banking and Financial Policy Initiative partnered with the MPA in Economic Policy Management Program to examine transparency, accountability, and other central banking issues.
Patricia Mosser comments, it’s possible for the central bank to set up such a facility that includes non-bank entities without running up against Dodd-Frank.
Leading cyber experts discuss the future and challenges in cyber security.
Joint project draws on SIPA’s Program on Future Cyber Risks and Initiative on Central Banking and Financial Policy.