25 Years IWH

Professor H. Evren Damar, PhD

Professor H. Evren Damar, PhD
Current Position

since 3/17

Research Professor


Halle Institute for Economic Research (IWH) – Member of the Leibniz Association

since 8/16

Assistant Professor of Economics


Hobart and William Smith Colleges

Research Interests

  • financial markets and the real economy

H. Evren Damar has been an Assistant Professor of Economics at Hobart and William Smith Colleges since August 2016. Before, he was a Principal Researcher at the Financial Stability Department of the Bank of Canada.

His current research focuses on the impact of financial institution behaviour and financial regulations on the real economy, especially through the household sector. He earned his PhD in Economics from the University of Washington in 2004

Your contact

Professor H. Evren Damar, PhD
Professor H. Evren Damar, PhD
Send Message Personal page


Working Papers

Banks' Financial Distress, Lending Supply and Consumption Expenditure

H. Evren Damar Reint E. Gropp A. Mordel

in: SAFE Working Paper Series, No. 39 , No. 39, 2014


We employ a unique identification strategy linking survey data on household consumption expenditure to bank-level data to estimate the effects of bank financial distress on consumer credit and consumption expenditures. We show that households whose banks were more exposed to funding shocks report lower levels of non-mortgage liabilities. This, however, does not result in lower levels of consumption. Households compensate by drawing down liquid assets to smooth consumption in the face of a temporary adverse lending supply shock. The results contrast with recent evidence on the real effects of finance on firms’ investment and employment decisions.

read publication
Mitglied der Leibniz-Gemeinschaft LogoTotal-Equality-LogoWeltoffen Logo