Associate Professor
Northeastern University
Departament of Economics
301 Lake Hall
Boston, MA 02115-5000

Office: 311 Lake Hall
E-mail: m.luengo@neu.edu
Phone: +1 617 373-4520

Recent Work

• Consumption, Retirement and Life-cycle Prices: Evidence from Spain (with Almudena Sevilla-Sanz).
  Last updated: August, 2010
  
• The Effect of Education on Risky Equity Holdings (with Dmytro Hryshko and Bent Sorensen). CEPR Discussion Paper 7844.
  Last updated: May, 2010
  
• House Prices and Risk Sharing (with Dmytro Hryshko and Bent Sorensen).
  Last updated: August, 2010
  (Previous version New England Public Policy Center Working Paper No. 09-3, Federal Reserve Bank of Boston.)
• Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education (with Dmytro Hryshko and Bent Sorensen).
  Last updated: August, 2010
  Featured in Investment News: "Elders' education level found to be a factor in risk aversion"
  
• A Penny Saved is Mobility Earned: Advancing Economic Mobility Through Savings (by Reid Cramer, Rourke O'Brien, Daniel Cooper and Maria Luengo-Prado). A report for PEW's Economic Mobility Project.
  Last updated: November, 2009
  

Publications

• The Wealth Distribution with Durable Goods (with Antonia Díaz), International Economic Review 51:1 (2010), 143-170.
• On the User Cost and Homeownership (with Antonia Díaz), Review of Economic Dynamics 11:3 (2008), 584-613.
• What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption? (with Bent Sorensen), Review of Economics and Statistics 90:1 (2008), 65-80.
• Consumption and Aggregate Constraints: International Evidence (with Joseph DeJuan), Oxford Bulletin of Economics and Statistics, 68:1 (2006), 81-99.
• Durables, Nondurables, Down Payments and Consumption Excesses,
  Journal of Monetary Economics, 53:1 (2006), 1509-1539.
• The Impact of Passenger Mix on Reported `Hub Premiums' in the U.S. Airline Industry (with Darin Lee), Southern Economic Journal, 72:2 (2005), 372-394.
• Quality Competition in the U.S. Airline Industry: Are Passengers Willing to Pay More for Additional Legroom? (with Darin Lee), Journal of Air Transport Management, 10:6 (2004), 377-383.
• Public Education, Communities and Vouchers, (with Oscar Volij), Quarterly Review of Economics and Finance, 43:1 (2003), 51-73.
• Comparative Service Consumption in Six Countries (by Kalwij, A. and S. Machin with L. Blow, M. van Deelen, F. Gardes, M. Luengo-Prado, J. Ruiz-Castillo, J. Schmitt and C. Starzec) in W. Salverda, R. Schettkat and M. Gregory (Eds), Services and Employment: Explaining the U.S.-European Gap. Princeton University Press, 2007 chapter 5, pp. 109--140).