Associate Professor About Peter Ganong Peter Ganong is an economist who studies the effect of public policies on people facing difficult financial circumstances. In his research on the foreclosure crisis, he found that most borrowers defaulted due to insufficient liquidity and that many foreclosures could have been averted through liquidity-focused modifications to mortgages. He also has found that unemployment benefits play a crucial role in sustaining the consumption of unemployed workers. In ongoing work, he is studying the effects of racial wealth inequality and income volatility within employment relationships. Ganong is a Research Associate at the National Bureau of Economic Research. He received his BA and PhD in economics from Harvard. He has spent two years in public service: one at the White House Council of Economic Advisers and one at the City of Boston’s Citywide Analytics Team. He has taught at the University of Chicago since 2017 and was a Visiting Assistant Professor at MIT during fall of 2021. Contact Information Room 2041 ganong@uchicago.edu Personal Website Recent News More news Alumni Profile: Will Pennington, MACRM’23 Tue., March 26, 2024 Student Profile: Aïcha Camara, MSCAPP Class of 2024 Thu., March 21, 2024 UChicago Students Propose Solutions to Chicago’s Pension Crisis Mon., March 18, 2024 Upcoming Events More events Environmental Economics and Policy Lab (EEPL) Mini Class with Shaoda Wang Wed., March 27, 2024 | 8:00 PM 1307 E 60th St Chicago, IL 60437 United States Masterclass with Carolyn Sloane Thu., March 28, 2024 | 5:00 PM UChicago Harris International Leadership Credential Information Session Mon., April 01, 2024 | 8:00 AM