Ian Hathaway |

Visiting Scholar

Ian Hathaway is the managing director of Ennsyte Economics and a visiting scholar at the Federal Reserve Bank of Cleveland.

  • Fed Publications
Title Date Publication Author(s) Type


2014-15 Ian Hathaway; Mark E Schweitzer; Scott Shane; Economic Commentary
Abstract: As markets and business patterns change, new business establishments are created to serve them. Those new establishments can be provided by entrepreneurs creating new firms or by the owners of existing businesses opening new locations. We show that over the past three decades, new establishments have increasingly been provided by existing businesses opening new locations. Those new locations have created jobs at a higher rate than brand-new firms, which helps to boost job creation. Looking at both forms of new establishments shows that job creation is down following the recession, but new locations were growing entering the recession and should be a critical component of job creation as the economy continues to recover.



May 2008 Ian Hathaway; Ozgur Emre Ergungor; Economic Commentary
Abstract: The market for student loans may differ in some respects from other financial markets, but private lenders are the primary source of funds. As in other markets, the incentive to lend those funds comes from the ability to make a profit. But recent turmoil in financial markets is affecting all of the factors that contribute to the profitability of student loans, leading to speculation that the availability of such loans will fall.



April, 2008 Federal Reserve Bank of Cleveland, Working Paper no. 0803 Ian Hathaway; Sameer Khatiwada; Working Papers
Abstract: In this paper we provide a comprehensive critical analysis of research that has investigated the impact of financial education programs on consumer financial behavior. In light of the evidence, we recommend that future programs be highly targeted toward a specific audience and area of financial activity (e.g. homeownership or credit card counseling, etc.), and that this training occurs just before the corresponding financial event (e.g. purchase of a home or use of a credit card, etc.). Similarly, in light of a lack of evidence, we also recommend that program evaluation be taken as an essential element of any program, and that it be included in the design of the programs before they are introduced.