Stacey Schreft

​Deputy Director of Research and Analysis, 2015 - Present
Office of Financial Research

​Chief Economist, 2013 - 2015
Scout Investments

​Vice President and Director of Investment Strategy, 2008 - 2012
The Mutual Fund Research Center/The Mutual Fund Store

​Vice President and Economist, 2003 - 2008
Federal Reserve Bank of Kansas City

​Assistant Vice President and Economist, 1999 - 2003
Federal Reserve Bank of Kansas City

​Visiting Professor of Finance, 1999 - 2000
University of Pennsylvania, The Wharton School

​Senior Economist, 1996 - 1999
Federal Reserve Bank of Kansas City

• ​​Cyberattacks and Financial Stability: Evidence from a Natural Experiment (2002) with Antonis Kotidis
  Board of Governors of the Federal Reserve System Finance and Economics Discussion Series 2022-025.
• Implications of Cyber Risk for Financial Stability (2022) with Danny Brando, Antonis Kotidis, Anna Kovner, and Michael Lee
  FEDS Notes, Board of Governors of the Federal Reserve System, May 10.
• Network Analysis: Defending Financial Stability by Design (2018) with Simpson Zhang
  Office of Financial Research Brief no. 18-02.
• The OFR’s Assessment of U.S. Financial Stability (2017)
  The Eurofi Magazine: Malta, April, 193.
• Data Breaches and Identity Theft (2009) with William Roberds
  Journal of Monetary Economics, 56(7), 918-929.
• Data Security, Privacy, and Identity Theft: The Economics Behind the Policy Debates (2008) with William Roberds
  Federal Reserve Bank of Chicago Economic Perspectives, Q1, 22-30.
• Currency Competition (2008)
  The New Palgrave Dictionary of Economics, Second Edition.
• The New Economic Geography: An Introduction to the Bank’s 2006 Economic Symposium (2007)
  The New Economic Geography: Effects and Policy Implications, Federal Reserve Bank of Kansas City, xxi-xxxviii.
• Risks of Identity Theft: Can the Market Protect the Payment System? (2007)
  Federal Reserve Bank of Kansas City Economic Review, Q4, 5-40.
• The Social Value of Risk-free Government Debt (2007) with Bruce D. Smith
  Annuals of Finance, 4(2), 131-155.
• Phillips Curves, Monetary Policy, and a Labor Market Transmission Mechanism (2007) with Robert Reed
  Federal Reserve Bank of Kansas City Working Paper no. 07-12.
• Currency Competition: A Partial Vindication of Hayek (2006) with Antoine Martin
  Journal of Monetary Economics, 53(8), 2085-2111.
• How and Why Do Consumers Choose Their Payment Methods? (2006)
  Federal Reserve Bank of Kansas City Research Working Paper no. 06-04.
• Jobless Recoveries and the Wait-and-See Hypothesis (2005) with Aarti Singh
  Federal Reserve Bank of Kansas City Economic Review, Q4, 81-99.
• A Closer Look at Jobless Recoveries (2003) with Aarti Singh
  Federal Reserve Bank of Kansas City Economic Review, Q2, 45-73.
• The Conduct of Monetary Policy with a Shrinking Stock of Government Debt (2002) with Bruce D. Smith
  Journal of Money, Credit, and Banking, 34(3), 848-882.
• Clicking with Dollars: How Consumers Can Pay for Purchases on the Internet (2002)
  Federal Reserve Bank of Kansas City Economic Review, Q1, 37-64.
• A Model of Financial Fragility (2001) with Roger Lagunoff
  Journal of Economic Theory, 99(1/2), 220-264.
• The Evolution of Cash Transactions: Some Implications for Monetary Policy (2000) with Bruce D. Smith
  Journal of Monetary Economics, 46(1), 97-120.
• Financial Fragility with Rational and Irrational Exuberance (1999) with Roger Lagunoff
  Journal of Money, Credit, and Banking, 31(3), 531-560.
• Do Consumers Really Want Credit Card Reform? (1999) with Kathryn Combs
  Federal Reserve Bank of Kansas City Economic Review, Q3, 31-45.
• The Effect of Open Market Operations in a Model of Intermediation and Growth (1998) with Bruce D. Smith
  Review of Economic Studies, 65, 519-550.
• Looking Forward: The Role for Government in Regulating Electronic Cash (1998)
  Federal Reserve Bank of Kansas City Economic Review, Q4, 59-84.
• Money and Credit as Means of Payment (1996) with Jeffrey Lacker
  Journal of Monetary Economics, 38(1), 3-23.
• Short-Lived Agents and the Long-Lived Environment (1995) with Andrew John, Rowena Pecchenino, and David Schimmelpfennig
  Journal of Public Economics, 58, 127-141.
• Identifying Credit Crunches (1995) with Raymond Owens
  Contemporary Economic Policy, 13(2), 63-76.
• The Macroeconomics of Dr. Strangelove (1993) with Andrew John and Rowena Pecchenino
  American Economic Review, 83(1), 43-62.
• Survey Evidence of Tighter Credit Conditions: What Does It Mean? (1991) with Raymond Owens
  Federal Reserve Bank of Richmond Economic Review, 77(2), 29-34.
• Credit Controls: 1980 (1990)
  Federal Reserve Bank of Richmond Economic Review, 76(6), 25-55.