Maude Toussaint-Comeau

Senior Economist and Economic Advisor
Regional and Community Development Research

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Maude Toussaint-Comeau is a senior economist and economic advisor in the community development and policy studies division of the Economic Research Department of the Federal Reserve Bank of Chicago. Her work has consisted of identifying public policy concerns, conducting applied policy-oriented research, and supporting the bank’s Federal Open Market Committee (FOMC) process. She has also spearheaded a number of outreach and research initiatives to inform policy and promote revitalization on the South and West Sides of Chicago, in Detroit, and in other minority neighborhoods in the Seventh District. Her current research and publications are on banking infrastructure in low-to-moderate income neighborhoods; minority depository institutions; and capitalization of Community Development Financial Institutions.

Toussaint-Comeau is engaged in several professional services activities. She is currently the elected nonacademic director on the board of Western Economic Association International. She is serving as the guest editor and a contributing author for a special issue of the Contemporary Economic Policy Journal on the economics of the middle class. She is also serving as a research advisor committee member for the 2020 ALICE reports for the states of Indiana and Illinois. In the past, she served as an economic advisor for the Council of Economic Advisors to the New Economy Initiative for Southeast Michigan, and as a co-chair of a business development committee and a catalyst committee member for the Greater Chatham Initiative.

Toussaint-Comeau received a 2017 Presidential Award from the Chicago Fed for research and initiatives to uplift minority businesses and revitalization of low-income neighborhoods. She is also the recipient of the 2017 Visionary Award from Chicago United for research projects on diversity in senior leadership and corporate inclusion.

Toussaint-Comeau holds a PhD in economics from the University of Illinois at Chicago.

Chicago Fed Letter
Robin Newberger, Maude Toussaint-Comeau | 2015 | No. 346 Download
Robin Newberger, Maude Toussaint-Comeau | 2013 | No. 306a | January Download
Daniel DiFranco, Maude Toussaint-Comeau | 2009 | No. 262 | May Download
Maude Toussaint-Comeau | 2009 | No. 213 | April Download
Economic Perspectives
Maude Toussaint-Comeau, Robin Newberger | 2017 | Vol. 41 | No. 4 | May Download
Luojia Hu, Maude Toussaint-Comeau | 2010 | Vol. 34 | No. 2 | 2nd Quarter Download
Maude Toussaint-Comeau | 2008 | Vol. 32 | 4th Quarter Download
Leslie McGranahan, Maude Toussaint-Comeau | 2006 | Vol. 30 | No. 1 Download
Sherrie Rhine, Maude Toussaint-Comeau | 2004 | Vol. 28 | No. 3 | August | 3rd Quarter Download
Midwest Economy Blog
Policy Brief
ProfitWise News and Views
Maude Toussaint-Comeau, Robin Newberger | 2020 | No. 5 | July Download
Maude Toussaint-Comeau, Victoria Williams | 2020 | No. 2 | May Download
Robin Newberger, Maude Toussaint-Comeau | 2014 | November | 4th Quarter Download
Working Papers
Jonathan Hartley, Maude Toussaint-Comeau | 2009 | No. 2009-23 | November Download
Maude Toussaint-Comeau | 2007 | No. 2007-24 | November Download
Maude Toussaint-Comeau | 2005 | No. 2005-23 Download
William H. Greene, Sherrie Rhine, Maude Toussaint-Comeau | 2003 | No. 2003-10 Download
Sherrie Rhine, Maude Toussaint-Comeau | 2003 | No. 2003-05 Download
Journal Articles
Mexican Immigration, Occupational Clustering and the Local Labor Market Adjustment of African-American Workers
2016, IZA Journal of Migration, Vol. 5, No. 14, July.
Inclusive Cluster-Based Development Strategies for Inner Cities
With Robin Newberger and Darline Augustine, 2016, Economic Development Quarterly, Vol. 30,  No. 2, May pp. 171-184.

Toussaint-Comeau on Minority Owned Banks

Video courtesy of C-Span.

2016, Financial Institutions and Inequality Panel, National Economic Association/AFL-CIO Economic Conference, August 10.

Research Brief


Presented January 2015.

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