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Anthony DeFusco

Anthony DeFusco
Associate Professor | Finance
Grainger Hall


Anthony DeFusco is an Associate Professor of Finance at the University of Wisconsin–Madison and a Faculty Research Fellow at the National Bureau of Economic Research. He received his Ph.D. from the University of Pennsylvania (Wharton) in 2015 and previously held an appointment at Northwestern University (Kellogg). He is an Associate Editor for the Journal of Financial Economics and the Journal of Housing Economics.

His research studies empirical questions in household finance with an emphasis on household behaviors and public policies affecting the housing and residential mortgage markets. His work has been the recipient of numerous prizes and is published in leading academic journals including Review of Economic Studies, Journal of Finance, Journal of Financial Economics, AER:Insights, and AEJ:Economic Policy.


Selected Accepted Journal Articles

DeFusco, A. & Enriquez, B. & Yellen, M. (2023). Wage Garnishment in the United States: New Facts from Administrative Payroll Records American Economic Review: Insights

Selected Published Journal Articles

DeFusco, A. & Tang, H. & Yannelis, C. (2022). Measuring the Welfare Cost of Asymmetric Information in Consumer Credit Markets Journal of Financial Economics

DeFusco, A. & Nathanson, C. & Zwick, E. (2022). Speculative Dynamics of Prices and Volume Journal of Financial Economics

DeFusco, A. & Mondragon, J. (2020). No Job, No Money, No Refi: Frictions to Refinancing in a Recession Journal of Finance

DeFusco, A. & Johnson, S. & Mondragon, J. (2019). Regulating Household Leverage Review of Economic Studies

DeFusco, A. & Ding, W. & Ferreira, F. & Gyourko, J. (2018). The Role of Price Spillovers in the American Housing Boom Journal of Urban Economics

DeFusco, A. (2018). Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls Journal of Finance

DeFusco, A. & Paciorek, A. (2017). The Interest Rate Elasticity of Mortgage Demand: Evidence from Bunching at the Conforming Loan Limit American Economic Journal: Economic Policy