Working Papers

From Federal Reserve Bank of St. Louis
Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

2009-008: Robust, dynamic nonparametric benchmarking: the evolution of cost-productivity and efficiency among U.S. credit unions

David Wheelock and Paul Wilson

2009-007: Is housing the business cycle? evidence from U.S. cities

Andra Ghent and Michael Owyang

2009-006: Who benefits from increased government spending? a state-level analysis

Michael Owyang and Sarah Zubairy

2009-005: Entry costs, misallocation, and cross-country income and TFP differences

Levon Barseghyan and Riccardo DiCecio

2009-004: Estate taxation with warm-glow altruism

Carlos Garriga and Fernando Sánchez-Losada

2009-003: Generational policy and the macroeconomic measurement of tax incidence

Juan Carlos Conesa and Carlos Garriga

2009-002: Resolving the unbiasedness puzzle in the foreign exchange market

Daniel Thornton

2009-001: Time and risk diversification in real estate investments: assessing the ex post economic value

Carolina Fugazza, Massimo Guidolin and Giovanna Nicodano

2008-046: Mexico's integration into NAFTA markets: a view from sectoral real exchange rates

Rodolphe Blavy and Luciana Juvenal

2008-045: Inventories, liquidity, and the macroeconomy

Yi Wen

2008-044: Dynamics of externalities: a second-order perspective

Yi Wen and Huabin Wu

2008-043: The stability of macroeconomic systems with Bayesian learners

James Bullard and Jacek Suda

2008-042: Do European capital flows comove?

Silvio Contessi and Pierangelo DePace

2008-041: The cyclical properties of disaggregated capital flows

Silvio Contessi, Pierangelo DePace and Johanna Francis

2008-040: Are children 'normal'?

Dan Black, Natalia Kolesnikova, Seth G. Sanders and Lowell Taylor

2008-039: Did prepayments sustain the subprime market?

Geetesh Bhardwaj and Rajdeep Sengupta

2008-038: Government response to home mortgage distress: lessons from the Great Depression

David Wheelock

2008-037: Combining forecasts from nested models

Todd Clark and Michael McCracken

2008-036: Where's the smoking gun? a study of underwriting standards for US subprime mortgages

Geetesh Bhardwaj and Rajdeep Sengupta

2008-035: Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy

Andrew Levin, David Lopez-Salido, Edward Nelson and Tack Yun

2008-034: The interplay between preemptive and defensive counterterrorism measures: a two-stage game

Subhayu Bandyopadhyay and Todd Sandler

2008-033: Are credit unions too small?

David Wheelock and Paul Wilson

2008-032: The great inflation: did the shadow know better?

William Poole, Robert Rasche and David Wheelock

2008-031: Asset prices, exchange rates and the current account

Marcel Fratzscher, Luciana Juvenal and Lucio Sarno

2008-030: Averaging forecasts from VARs with uncertain instabilities

Todd Clark and Michael McCracken

2008-029: Tests of equal predictive ability with real-time data

Todd Clark and Michael McCracken

2008-028: Improving forecast accuracy by combining recursive and rolling forecasts

Todd Clark and Michael McCracken

2008-027: Threshold adjustment in deviations from the law of one price

Luciana Juvenal and Mark Taylor

2008-026: City business cycles and crime

Thomas Garrett and Lesli Ott

2008-025: Is inflation an international phenomenon?

Christopher Neely and David E. Rapach

2008-024: The loan structure and housing tenure decisions in an equilibrium model of mortgage choice

Matthew Chambers, Carlos Garriga and Don Schlagenhauf

2008-023: Externalities, Endogenous Productivity, and Poverty Traps

Levon Barseghyan and Riccardo DiCecio

2008-022: Enlargement and common external tariff in a political-economic model of customs union

Subhayu Bandyopadhyay, Sajal Lahiri and Suryadipta Roy

2008-021: Institutional causes of macroeconomic volatility

Levon Barseghyan and Riccardo DiCecio

2008-020: Institutions and government growth: a comparison of the 1890s and the 1930s

Thomas Garrett and Russell M. Rhine

2008-019: Oil crisis, energy-saving technological change and the stock market crash of 1973-74

Sami Alpanda and Adrian Peralta-Alva

2008-018: Real interest rate persistence: evidence and implications

Christopher Neely and David E. Rapach

2008-017: A macroeconomic analysis of obesity

Pedro Gomis-Porqueras and Adrian Peralta-Alva

2008-016: Local price variation and labor supply behavior

Dan Black, Natalia Kolesnikova and Lowell Taylor

2008-015: Optimal monetary and fiscal policies in a search theoretic model of monetary exchange

Pedro Gomis-Porqueras and Adrian Peralta-Alva

2008-014: Resuscitating the credit cycle

Patrick Pintus and Yi Wen

2008-013: Why money growth determines inflation in the long run: answering the Woodford critique

Edward Nelson

2008-012: Inflation, monetary policy and stock market conditions: quantitative evidence from a hybrid latent-variable VAR

Michael Bordo, Michael Dueker and David Wheelock

2008-011: Monetary policy: why money matters and interest rates don't

Daniel Thornton

2008-010: Non-linear predictability in stock and bond returns: when and where is it exploitable?

Massimo Guidolin, Stuart Hyde, David McMillan and Sadayuki Ono

2008-009: Oil and the U.S. macroeconomy: an update and a simple forecasting exercise

Kevin Kliesen

2008-008: Input and output inventory dynamics

Yi Wen

2008-007: When does determinacy imply expectational stability?

James Bullard and Stefano Eusepi

2008-006: The dynamic interaction of order flows and the CAD/USD exchange rate

Nikola Gradojevic and Christopher Neely

2008-005: Equity portfolio diversification under time-varying predictability and comovements: evidence from Ireland, the US, and the UK

Massimo Guidolin and Stuart Hyde