Details about Bill Dupor

Access statistics for papers by Bill Dupor.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: pdu275

Working Papers

2025

1. Was the Post-Lockdown Inflation Surge Mainly Supply Driven?
   Working Papers, Federal Reserve Bank of St. Louis

2024

2. A Decomposition of the Phillips Curve’s Flattening
   Working Papers, Federal Reserve Bank of St. Louis
3. Are State and Local Governments in a Strong Fiscal Position?
   On the Economy, Federal Reserve Bank of St. Louis
4. “Bought on Behalf” vs. “Purchased by”: What Counts for Inflation?
   On the Economy, Federal Reserve Bank of St. Louis

2023

5. Decomposing an Economic Impact into Its Local and Spillover Effects
   On the Economy, Federal Reserve Bank of St. Louis
6. Decomposing the Government Transfer Multiplier
   Working Papers, Federal Reserve Bank of St. Louis
7. The Jobs Effect of Ending Pandemic Unemployment Benefits: A State-Level Analysis
   Working Papers, Federal Reserve Bank of St. Louis

2022

8. Ending Pandemic Unemployment Benefits Linked to Job Growth
   On the Economy, Federal Reserve Bank of St. Louis
9. How Uneven Were the Labor Market Recoveries across U.S. States?
   On the Economy, Federal Reserve Bank of St. Louis
10. Regional Consumption Responses and the Aggregate Fiscal Multiplier
    Working Papers, Federal Reserve Bank of St. Louis View citations (19)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2018) View citations (19)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
    Working Paper, Federal Reserve Bank of Richmond (2018) View citations (23)
11. The End of Emergency Pandemic Unemployment Benefits in 2021
    On the Economy, Federal Reserve Bank of St. Louis
12. The Sine Aggregatio Approach to Applied Macro
    Working Papers, Federal Reserve Bank of St. Louis

2021

13. Early Impact of States Halting Federal Jobless Benefits
    On the Economy, Federal Reserve Bank of St. Louis
14. The Local-Spillover Decomposition of an Aggregate Causal Effect
    Working Papers, Federal Reserve Bank of St. Louis

2020

15. A Local-Spillover Decomposition of the Causal Effect of U.S. Defense Spending Shocks
    Working Papers, Federal Reserve Bank of St. Louis
16. A Tale of Two Business Cycles during the Pandemic
    On the Economy, Federal Reserve Bank of St. Louis
17. How Quickly Does Fiscal Policy Get Implemented?
    On the Economy, Federal Reserve Bank of St. Louis
18. Possible Fiscal Policies for Rare, Unanticipated and Severe Viral Outbreaks
    On the Economy, Federal Reserve Bank of St. Louis
    See also Journal Article Possible Fiscal Policies for Rare, Unanticipated, and Severe Viral Outbreaks, Economic Synopses, Federal Reserve Bank of St. Louis (2020) View citations (2) (2020)
19. The 2008 U.S. Auto Market Collapse
    Working Papers, Federal Reserve Bank of St. Louis View citations (5)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2018) View citations (2)
    2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (4)

2017

20. Sticky Wages, Monetary Policy and Fiscal Policy Multipliers
    Working Papers, Federal Reserve Bank of St. Louis View citations (2)
21. The Aggregate and Relative Economic Effects of Government Financed Health Care
    Working Papers, Federal Reserve Bank of St. Louis
22. The Effect of the Recovery Act on Consumer Spending
    2017 Meeting Papers, Society for Economic Dynamics

2016

23. Government Spending and Consumption at the Zero Lower Bound: Evidence from Household Retail Purchase Data
    2016 Meeting Papers, Society for Economic Dynamics
24. Local and Aggregate Fiscal Policy Multipliers
    Working Papers, Federal Reserve Bank of St. Louis View citations (26)
    See also Journal Article Local and aggregate fiscal policy multipliers, Journal of Monetary Economics, Elsevier (2017) View citations (59) (2017)

2015

25. Fiscal Policy Spillovers: Points of Employment to Places of Residence
    2015 Meeting Papers, Society for Economic Dynamics
26. Local Fiscal Multipliers, Negative Spillovers and the Macroeconomy
    Working Papers, Federal Reserve Bank of St. Louis View citations (3)
27. Schools and Stimulus
    Working Papers, Federal Reserve Bank of St. Louis View citations (6)
    See also Journal Article Schools and Stimulus, Review, Federal Reserve Bank of St. Louis (2020) (2020)

2014

28. A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act
    Working Papers, Federal Reserve Bank of St. Louis View citations (16)
    See also Journal Article A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act, Economic Journal, Royal Economic Society (2018) View citations (20) (2018)
29. The 2009 recovery act: stimulus at the extensive and intensive labor margins
    Working Papers, Federal Reserve Bank of St. Louis View citations (13)
    See also Journal Article The 2009 Recovery Act: Stimulus at the extensive and intensive labor margins, European Economic Review, Elsevier (2016) View citations (19) (2016)

2013

30. Creating jobs via the 2009 recovery act: state medicaid grants compared to broadly-directed spending
    Working Papers, Federal Reserve Bank of St. Louis View citations (7)
31. The Expected Inflation Channel of Government Spending in the Postwar U.S
    Working Papers, Federal Reserve Bank of St. Louis View citations (18)
    See also Journal Article The expected inflation channel of government spending in the postwar U.S, European Economic Review, Elsevier (2015) View citations (50) (2015)
32. The analytics of technology news shocks
    Working Papers, Federal Reserve Bank of St. Louis View citations (5)
    See also Journal Article The analytics of technology news shocks, Journal of Economic Theory, Elsevier (2014) View citations (2) (2014)

2010

33. Solving the Procyclical News Shock Problem
    2010 Meeting Papers, Society for Economic Dynamics

2002

34. Increasing returns and optimal oscillating labor supply
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (1)

2000

35. Investment and Interest Rate Policy
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (5)
    See also Journal Article Investment and Interest Rate Policy, Journal of Economic Theory, Elsevier (2001) View citations (125) (2001)

1999

36. Keynesian conundrum: multiplicity and time consistent stabilization
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis
    See also Journal Article Keynesian Conundrum: Multiplicity and Time Consistent Stabilization, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2005) View citations (1) (2005)

Journal Articles

2025

1. The Volcker Tightening Cycle: Explaining the 1982 Course Reversal
   Review, 2025 View citations (1)

2023

2. Examining Long and Variable Lags in Monetary Policy
   The Regional Economist, 2023 View citations (3)

2022

3. Employment Effects of Pandemic Emergency Unemployment Benefits: Incentives Matter
   The Regional Economist, 2022
4. Employment Fluctuations and the World Oil Market
   The Regional Economist, 2022
5. Increasing Employment by Halting Pandemic Unemployment Benefits
   Review, 2022, 104, (3), 166-177 View citations (1)

2021

6. How Recent Fiscal Interventions Compare with the New Deal
   The Regional Economist, 2021 View citations (2)
7. THE AGGREGATE AND LOCAL ECONOMIC EFFECTS OF GOVERNMENT FINANCED HEALTH CARE
   Economic Inquiry, 2021, 59, (2), 662-670 View citations (1)
8. Which States Are Driving U.S. Employment Growth?
   The Regional Economist, 2021

2020

9. Possible Fiscal Policies for Rare, Unanticipated, and Severe Viral Outbreaks
   Economic Synopses, 2020, (6) View citations (2)
   See also Working Paper Possible Fiscal Policies for Rare, Unanticipated and Severe Viral Outbreaks, On the Economy (2020) (2020)
10. Schools and Stimulus
    Review, 2020, 102, (2), 145-171
    See also Working Paper Schools and Stimulus, Working Papers (2015) View citations (6) (2015)
11. The Efficacy of Enhanced Unemployment Benefits during a Pandemic
    The Regional Economist, 2020, 28, (1)

2019

12. Auto Sales and the 2007-09 Recession
    Economic Synopses, 2019, (16)
13. Book review for “The High Cost of Good Intentions”
    Business Economics, 2019, 54, (1), 95-96
14. Sticky wages, private consumption, and Fiscal multipliers
    Journal of Macroeconomics, 2019, 62, (C) View citations (14)
15. The Cyclicality of the Aging U.S. Motor Vehicle Fleet
    Economic Synopses, 2019, (26)

2018

16. A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act
    Economic Journal, 2018, 128, (611), 1476-1508 View citations (20)
    See also Working Paper A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act, Working Papers (2014) View citations (16) (2014)
17. Estimating Aggregate Fiscal Multipliers from Local Data
    Richmond Fed Economic Brief, 2018, (May)

2017

18. Local and aggregate fiscal policy multipliers
    Journal of Monetary Economics, 2017, 92, (C), 16-30 View citations (59)
    See also Working Paper Local and Aggregate Fiscal Policy Multipliers, Working Papers (2016) View citations (26) (2016)
19. So, Why Didn’t the 2009 Recovery Act Improve the Nation’s Highways and Bridges?
    Review, 2017, 99, (2), 169-182 View citations (8)
20. The Recovery Act of 2009 vs. FDR's New Deal: Which Was Bigger?
    The Regional Economist, 2017, 25, (1) View citations (1)
21. Why the 2009 Recovery Act Didn’t Improve the Nation's Highways
    Economic Synopses, 2017, (14), 1-3

2016

22. Government Spending Might Not Create Jobs Even during Recessions
    The Regional Economist, 2016, (July) View citations (1)
23. The 2009 Recovery Act: Stimulus at the extensive and intensive labor margins
    European Economic Review, 2016, 85, (C), 208-228 View citations (19)
    See also Working Paper The 2009 recovery act: stimulus at the extensive and intensive labor margins, Working Papers (2014) View citations (13) (2014)

2015

24. Liftoff and the Natural Rate of Interest
    Economic Synopses, 2015, (12) View citations (8)
25. Stimulus Grants and Schools: How Was the Money Spent?
    The Regional Economist, 2015, (April)
26. Stimulus Spending Had Spillover Effects, Thanks to Commuters
    The Regional Economist, 2015, (Oct)
27. The expected inflation channel of government spending in the postwar U.S
    European Economic Review, 2015, 74, (C), 36-56 View citations (50)
    See also Working Paper The Expected Inflation Channel of Government Spending in the Postwar U.S, Working Papers (2013) View citations (18) (2013)

2014

28. The 2009 recovery act: directly created and saved jobs were primarily in government
    Review, 2014, 96, (2), 123-146 View citations (2)
29. The analytics of technology news shocks
    Journal of Economic Theory, 2014, 153, (C), 392-427 View citations (2)
    See also Working Paper The analytics of technology news shocks, Working Papers (2013) View citations (5) (2013)

2013

30. The American Recovery and Reinvestment Act: Solely a government jobs program?
    Journal of Monetary Economics, 2013, 60, (5), 535-549 View citations (84)

2010

31. Integrating Sticky Prices and Sticky Information
    The Review of Economics and Statistics, 2010, 92, (3), 657-669 View citations (53)

2009

32. What do technology shocks tell us about the New Keynesian paradigm?
    Journal of Monetary Economics, 2009, 56, (4), 560-569 View citations (51)

2005

33. Keynesian Conundrum: Multiplicity and Time Consistent Stabilization
    Review of Economic Dynamics, 2005, 8, (1), 154-177 View citations (1)
    See also Working Paper Keynesian conundrum: multiplicity and time consistent stabilization, Discussion Paper / Institute for Empirical Macroeconomics (1999) (1999)
34. Stabilizing non-fundamental asset price movements under discretion and limited information
    Journal of Monetary Economics, 2005, 52, (4), 727-747 View citations (82)

2004

35. The Fed Response to Equity Prices and Inflation
    American Economic Review, 2004, 94, (2), 24-28 View citations (27)

2003

36. A Spatial Analysis of Sectoral Complementarity
    Journal of Political Economy, 2003, 111, (2), 311-352 View citations (127)
37. Jealousy and Equilibrium Overconsumption
    American Economic Review, 2003, 93, (1), 423-428 View citations (292)
38. Optimal random monetary policy with nominal rigidity
    Journal of Economic Theory, 2003, 112, (1), 66-78 View citations (18)

2002

39. Comment on: Monetary policy and asset prices
    Journal of Monetary Economics, 2002, 49, (1), 99-106 View citations (5)
40. The Natural Rate of Q
    American Economic Review, 2002, 92, (2), 96-101 View citations (8)

2001

41. Investment and Interest Rate Policy
    Journal of Economic Theory, 2001, 98, (1), 85-113 View citations (125)
    See also Working Paper Investment and Interest Rate Policy, Econometric Society World Congress 2000 Contributed Papers (2000) View citations (5) (2000)
42. Ruling out pareto dominated monetary equilibria
    Journal of Economic Dynamics and Control, 2001, 25, (12), 1899-1910 View citations (5)

2000

43. Exchange rates and the fiscal theory of the price level
    Journal of Monetary Economics, 2000, 45, (3), 613-630 View citations (73)

1999

44. Aggregation and irrelevance in multi-sector models
    Journal of Monetary Economics, 1999, 43, (2), 391-409 View citations (227)

1996

45. Some Effects of Taxes on Schooling and Training
    American Economic Review, 1996, 86, (2), 340-46 View citations (20)