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Working Papers

From Federal Reserve Bank of St. Louis
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2022-012: Employer Reallocation During the COVID-19 Pandemic: Validation and Application of a Do-It-Yourself CPS Downloads
Alexander Bick and Adam Blandin
2022-011: Did Doubling Reserve Requirements Cause the 1937-38 Recession? New Evidence on the Impact of Reserve Requirements on Bank Reserve Demand and Lending Downloads
Charles Calomiris, Joseph R. Mason and David Wheelock
2022-010: The Jobs Effect of Ending Pandemic Unemployment Benefits: A State-Level Analysis Downloads
Iris Arbogast and Bill Dupor
2022-009: The Ramsey Steady-State Conundrum in Heterogeneous-Agent Economies Downloads
YiLi Chien and Yi Wen
2022-008: Work from Home Before and After the COVID-19 Outbreak Downloads
Alexander Bick, Adam Blandin and Karel Mertens
2022-007: Politically influenced counterterrorism policy and welfare efficiency Downloads
Subhayu Bandyopadhyay and Todd Sandler
2022-006: Structural Change in Labor Supply and Cross-Country Differences in Hours Worked Downloads
Alexander Bick, Nicola Fuchs-Schündeln, David Lagakos and Hitoshi Tsujiyama
2022-005: Hours and Wages Downloads
Alexander Bick, Adam Blandin and Richard Rogerson
2022-004: Attention and a Paradox of Uncertainty Downloads
Yu-Ting Chiang
2022-003: On the Real-Time Predictive Content of Financial Conditions Indices for Growth Downloads
Aaron Amburgey and Michael McCracken
2022-002: Anatomy of Lifetime Earnings Inequality: Heterogeneity in Job Ladder Risk vs. Human Capital Downloads
Fatih Karahan, Serdar Ozkan and Jae Song
2022-001: Reconsidering the Fed's Inflation Forecasting Advantage Downloads
Amy Guisinger, Michael McCracken and Michael Owyang
2021-015: Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway Downloads
Elin Halvorsen, Serdar Ozkan and Sergio Salgado Ibáñez
2021-014: International trade and labor reallocation: misclassification errors, mobility, and switching costs Downloads
Maximiliano Dvorkin
2021-013: Paving the Road for Replications: Experimental Results from an Online Research Bibliography Downloads
Tom Coupé, W. Reed and Christian Zimmermann
2021-012: Evergreening Downloads
Miguel Faria-e-Castro, Pascal Paul and Juan Sanchez
2021-011: The Impact of Juvenile Conviction on Human Capital and Labor Market Outcomes Downloads
Limor Golan, Rong Hai and Hayley Wabiszewski
2021-010: Dynamic Gains from Trade Agreements with Intellectual Property Provisions Downloads
Ana Maria Santacreu
2021-009: Financial Frictions and International Trade Downloads
David Kohn, Fernando Leibovici and Michal Szkup
2021-008: Effects of Defensive and Proactive Measures on Competition Between Terrorist Groups Downloads
Subhayu Bandyopadhyay and Todd Sandler
2021-007: What Determines State Heterogeneity in Response to US Tariff Changes? Downloads
Ana Maria Santacreu, Michael Sposi and Jing Zhang
2021-006: The Local-Spillover Decomposition of an Aggregate Causal Effect Downloads
Timothy Conley, Bill Dupor, Mahdi Ebsim, Jingchao Li and Peter McCrory
2021-005: The Impact of Health and Economic Policies on the Spread of COVID-19 and Economic Activity Downloads
Matthew Famiglietti and Fernando Leibovici
2021-004: The Allocation of Immigrant Talent: Macroeconomic Implications for the U.S. and Across Countries Downloads
Serdar Birinci, Fernando Leibovici and Kurt See
2021-003: The Alpha Beta Gamma of the Labor Market Downloads
Victoria Gregory, Guido Menzio and David Wiczer
2021-002: Are Unconditional Lump-sum Transfers a Good Idea? Downloads
Yunmin Chen, YiLi Chien, Yi Wen and C. C. Yang
2021-001: The Poverty of Macroeconomics --- What the Chemical Revolution Tells Us about Neoclassical Production Function Downloads
Yi Wen
2020-052: Industrial Connectedness and Business Cycle Comovements Downloads
Amy Guisinger, Michael Owyang and Daniel Soques
2020-051: Supply and demand shifts of shorts before Fed announcements during QE1–QE3 Downloads
Thomas McInish, Christopher Neely and Jade Planchon
2020-050: Tests of Conditional Predictive Ability: Existence, Size, and Power Downloads
Michael McCracken
2020-046: Optimal Management of an Epidemic: Lockdown, Vaccine and Value of Life Downloads
Carlos Garriga, Rodolfo Manuelli and Siddhartha Sanghi
2020-043: More Stories of Unconventional Monetary Policy Downloads
Evan Karson and Christopher Neely
2020-042: The Impact of Bretton Woods International Capital Controls on the Global Economy and the Value of Geopolitical Stability: A General Equilibrium Analysis Downloads
Lee Ohanian, Paulina Restrepo-Echavarria, Diana Van Patten and Mark Wright
2020-041: Wage Setting Under Targeted Search Downloads
Anton Cheremukhin and Paulina Restrepo-Echavarria
2020-040: Fiscal Dominance Downloads
Fernando Martin
2020-039: Technology Adoption, Mortality, and Population Dynamics Downloads
John Hejkal, B Ravikumar and Guillaume Vandenbroucke
2020-038: No Credit, No Gain: Trade Liberalization Dynamics, Production Inputs, and Financial Development Downloads
David Kohn, Fernando Leibovici and Michal Szkup
2020-037: Time-Inconsistent Optimal Quantity of Debt Downloads
YiLi Chien and Yi Wen
2020-036: Firms as Learning Environments: Implications for Earnings Dynamics and Job Search Downloads
Victoria Gregory
2020-035: Credit and Liquidity Policies during Large Crises Downloads
Mahdi Ebsim, Miguel Faria-e-Castro and Julian Kozlowski
2020-034: Enduring Relationships in an Economy with Capital and Private Information Downloads
Aubhik Khan, Latchezar Popov and B Ravikumar
2020-033: Should Capital Be Taxed? Downloads
Yunmin Chen, YiLi Chien, Yi Wen and C.C. Yang
2020-032: Eggs in One Basket: Security and Convenience of Digital Currencies Downloads
Charles Kahn, Francisco Rivadeneyra and Russell Wong
2020-031: FRED-SD: A Real-Time Database for State-Level Data with Forecasting Applications Downloads
Kathryn Bokun, Laura E. Jackson, Kevin Kliesen and Michael Owyang
2020-030: Collaboration in Bipartite Networks, with an Application to Coauthorship Networks Downloads
Chih-Sheng Hsieh, Michael König, Xiaodong Liu and Christian Zimmermann
2020-029: The Role of Establishment Size in the City-Size Earnings Premium Downloads
Charly Porcher, Hannah Rubinton and Clara Santamaria
2020-028: Forecasting Low Frequency Macroeconomic Events with High Frequency Data Downloads
Ana Galvão and Michael Owyang
2020-027: Convergence to Rational Expectations in Learning Models: A Note of Caution Downloads
YiLi Chien, Inkoo Cho and B Ravikumar
2020-026: Monetary Policy and Economic Performance since the Financial Crisis Downloads
Dario Caldara, Etienne Gagnon, Enrique Martínez García and Christopher Neely
2020-025: Home Production and Leisure During the COVID-19 Recession Downloads
Oksana Leukhina and Zhixiu Yu
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