Padma Sharma is a Senior Economist at the Federal Reserve Bank of Kansas City. She joined the Economic Research Department in July 2019. Prior to joining the department, she completed her Ph.D. in economics from the University of California at Irvine. Padma received her B.S. degree in economics, mathematics and statistics from Bangalore University and M.S. in economics from Indira Gandhi Institute of Development Research. Padma’s main areas of research are in financial economics and econometrics. Her research papers involve the development of Bayesian estimation methods that address research questions pertaining to banking and financial stability.
Professional Journals and Books
- Nonparametric Empirical Bayes Prediction in Mixed Models" with Trambak Banerjee, Statistics and Computing, 2025, Volume 35, article number 145.
- Suspensions of Payments and Their Consequences" with Christoffer Koch, Qian Chen and Gary Richardson, Journal of Financial Stability, 2025, Volume 78 - pp. 101391.
- Do financial regulators act in the public's interest? A Bayesian latent class estimation framework for assessing regulatory responses to banking crises" with Trambak Banerjee, Journal of the Royal Statistical Society Series A, 2025 - pp. qnae150.
- "Loan Guarantees in a Crisis: An Antidote to a Credit Crunch?" with W. Blake Marsh, 2024, Journal of Financial Stability, Volume 72 - pp. 101244.
- “Selection of random coefficients in ordered response models: a framework to detect heterogeneity in household surveys”, Journal of Applied Statistics, Volume 51, 2024 - Issue 4, pp. 682-700.
Economic Review Articles
- A Stress Test of Bank Commercial Real Estate Loans: What Can the 1980s Tell Us About Risks to Banks Today?
Volume 109, Number 8, 2024 - Government Assistance and Moral Hazard: Evidence from the Savings and Loan Crisis
Volume 107, Number 3, 2022 - The Macroeconomic Fallout of Shutting Down the Banking System
Volume 105, Number 2, 2020
Economic Bulletin
- Bank Deposit Rates Haven’t Kept Pace with Yields on Other Investments, but Depositors Are Staying Anyway
with W. Blake Marsh and Chris Acker, February 2024 - Community Bank Funding Is Getting Costlier and Riskier
with Brendan Laliberte and W. Blake Marsh, December 2023 - Dampened Demand for Bank Loans Reflects Supply Bottlenecks, Not a Weakness in the Recovery
with Jacob Dice, April 2022 - PPP Raised Community Bank Revenue but Lowered Profitability
with W. Blake Marsh, December 2020
Research Working Papers
- Assessing Regulatory Responses to Banking Crises
with Trambak Banerjee, RWP 22-04 - Loan Guarantees in a Crisis: An Antidote to a Credit Crunch
with W. Blake Marsh, RWP 21-03 - Payments Crises and Consequences
with Qian Chen, Christoffer Koch, Gary Richardson, RWP 20-10 - Risk-Shifting, Regulation, and Government Assistance
with Trambak Banerjee, RWP 19-10