Research Economist
Office of Financial Research, U.S. Department of the Treasury; 
Washington, D.C., 2012-Present
Researches issues relating to systemic risk in the financial system, primarily those relating to housing finance and short-term funding markets. Contributor to several OFR and FSOC Annual Reports.

Financial Economist
Federal Housing Finance Agency; 
Washington, D.C., 2010-2012
Analyzed the private-label mortgage-backed securities holdings of Federal Home Loan Banks. Wrote software to improve collection and processing of information and designed databases used in monitoring corporate governance practices. Analyzed director compensation proposals, senior management structure, and succession planning at the FHLBanks. Performed ad-hoc analyses to inform regulatory actions and decisions regarding litigation.

U.S. Bureau of Economic Analysis; Washington, D.C., 2006-2010
Wrote and maintained software used for reviewing and editing GDP by Metropolitan Area estimates. Maintained other software used to produce GDP estimates for states and metropolitan areas. Refined estimation methodologies and conducted independent research. Produced GDP by Metropolitan Area estimates and GDP by State estimates for select industries. Developed database model for metropolitan area estimates and introduced geographic information systems technology to the division.

Research Assistant
Northwestern University Economics Department; Evanston, IL, 2003-2004
Performed literature reviews, compiled data sets, and executed statistical analysis. Majority of work performed for Dr. Lynne Kiesling.


George Mason University
Fairfax, Virginia — M.A. Economics, 2009

Northwestern University
Evanston, Illinois — B.A. Economics (with honors) and Political Science, 2004


Python, SQL, C, Visual Basic, Scheme

Statistical software
Stata, SAS, Matlab, R, SPSS

Other software
ArcGIS, Adobe Creative Suite


Department of Commerce Gold Medal Award
Scientific/Engineering Achievement, December 2009
“For researching and developing an innovative method for calculating GDP by metropolitan area.”

Department of Commerce Silver Medal Award
Personal and Professional Excellence, October 2010
“For accelerating the release of a critical and widely-used measure of economic activity for the Nation’s metropolitan areas by a full year.” 

Selected Papers

Common Ground: The Need for a Universal Mortgage Loan Identifier
Matthew McCormick and Lynn Calahan
OFR Working Paper

Encoding Transparency: Literate Programming and Test Generation for Scientific Function Libraries
Mark Flood, Matthew McCormick, and Nathan Palmer
Proceedings of Balisage: The Markup Conference 2012

Gross Domestic Product by Metropolitan Area: Accelerated Statistics for 2008, New Statistics for 2007, and Revised Statistics for 2005-2006
Matthew McCormick, Sharon Panek, and Ralph Rodriguez
Survey of Current Business, October 2009

Introducing New Measures of the Metropolitan Economy: Prototype GDP-by-Metropolitan-Area Estimates for 2001-2005
Sharon Panek, Frank Baumgardner, and Matthew McCormick
Survey of Current Business, November 2007

A Federal Ethanol Mandate: Is it Worth It? If Not, Why is it Succeeding?
Matthew McCormick, Scott Freifeld, and Lynne Kiesling
Reason Public Policy Institute Policy Study no. 315, November 2003