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Economic freedom and employment growth in U.S. states

Garrett, Thomas A.; Rhine, Russell M. - Federal Reserve Bank of St. Louis - 2010

employment growth. We find that states with greater economic freedom - defined as the protection of private property and private … markets operating with minimal government interference - experienced greater rates of employment growth. In addition, we find … that less restrictive state and national government labor market policies have the greatest impact on employment growth in …

Persistent link: https://www.econbiz.de/10008504168

The 2001 recession and the states of the Eighth Federal Reserve District

Owyang, Michael T.; Piger, Jeremy M.; Wall, Howard J. - Federal Reserve Bank of St. Louis - 2005

This paper examines and compares the recent business cycle experiences of the seven states that lie partly or wholly within the Eighth Federal Reserve District (Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri, and Tennessee). For the period surrounding the 1990-91 NBER recession,...

Persistent link: https://www.econbiz.de/10005490981

The outlook: Mississippi and the nation

Poole, William - Federal Reserve Bank of St. Louis - 2005

Presentation to the Northeast Mississippi Economic Forecast Conference, Jan. 20, 2005

Persistent link: https://www.econbiz.de/10011185073

The outlook: Mississippi and the nation

Poole, William - Federal Reserve Bank of St. Louis - 2005

Presentation to the Northeast Mississippi Economic Forecast Conference, Jan. 20, 2005

Persistent link: https://www.econbiz.de/10005726542

Regional disparities in the spatial correlation of state income growth

Garrett, Thomas Andrew (contributor); … - 2005 - rev.

Persistent link: https://www.econbiz.de/10003344545

Cities, skills, and inequality

Wheeler, Christopher H. - Federal Reserve Bank of St. Louis - 2004

The surge in U.S. wage inequality over the past several decades is now commonly attributed to an increase in the returns paid to skill. Although theories differ with respect to why, specifically, this increase has come about, many agree that it is strongly tied to the increase in the relative...

Persistent link: https://www.econbiz.de/10005360573

U. S. regional business cycles and the natural rate of unemployment

Wall, Howard J.; Zoega, Gylfi - Federal Reserve Bank of St. Louis - 2003

Estimates of the natural rate of unemployment are important in many macroeconomic models used by economists and policy advisors. This paper shows how such estimates might benefit from closer attention to regional developments. Regional business cycles do not move in lockstep and greater...

Persistent link: https://www.econbiz.de/10005360582

Structural breaks and regional disparities in the transmission of monetary policy

Owyang, Michael T.; Wall, Howard J. - Federal Reserve Bank of St. Louis - 2004

Using a regional VAR, we find large differences in the effects of monetary policy shocks across regions of the United States. We also find that the region-level effects of monetary policy differ a great deal between the pre-Volcker and Volcker-Greenspan periods in terms of their depth and...

Persistent link: https://www.econbiz.de/10005360583

Ethnic networks and U.S. exports

Bandyopadhyay, Subhayu; Coughlin, Cletus C.; Wall, Howard J. - Federal Reserve Bank of St. Louis - 2007

This paper provides new estimates of the effects of ethnic networks on U.S. exports. In line with recent research, our dataset is a panel of exports from U.S. states to 29 foreign countries. Our analysis departs from the literature in two ways, both of which show that previous estimates of the...

Persistent link: https://www.econbiz.de/10005360630

Worker turnover, industry localization, and producer size

Wheeler, Christopher H. - Federal Reserve Bank of St. Louis - 2004

determination of producer's total employment is the ease with which workers can be found to fill jobs that are, periodically …

Persistent link: https://www.econbiz.de/10005352786