Journal Article
A report on economic conditions in the Little Rock zone
Ricketts, Lowell R.; Arias, Maria A.; Kliesen, Kevin L.; Shell, Hannah; Eubanks, Daniel; McCrory, Peter B.; Neely, Michelle Clark; Cooke, Diana A. (2015-01)
Burgundy Books , Issue 1Q

Journal Article
Relative Income Traps
Wen, Yi; Arias, Maria A. (2016)
Despite economic growth in the post-World War II period, few developing countries have been able to catch up to the income levels in the United States or other advanced economies. Such countries remain trapped at a relative low- or middle-income level. In this article, the authors redefine the concept of income traps as situations in which income levels relative to the United States remain constantly low and with no clear sign of convergence. This approach allows them to study the issue of economic convergence (or lack of it) directly. The authors describe evidence pointing to the existence ...
Review , Volume 98 , Issue 1 , Pages 41-60

Journal Article
A report on economic conditions in the Louisville zone
Ricketts, Lowell R.; Arias, Maria A.; Kliesen, Kevin L.; Shell, Hannah; Eubanks, Daniel; McCrory, Peter B.; Neely, Michelle Clark; Cooke, Diana A. (2015-01)
Burgundy Books , Issue 1Q

Journal Article
As Owensboro, Ky., wraps up wave of development, hiring slows down
Gascon, Charles S.; Arias, Maria A. (2014-07)
The Regional Economist

Journal Article
Sovereign Debt Crisis in Europe Recalls the Lost Decade in Latin America
Arias, Maria A.; Restrepo-Echavarria, Paulina (2015-01)
In many ways, the European debt crisis is reminiscent of Latin America's experience in the 1980s, characterized by a period of high growth interrupted by an external shock. But there are some notable differences.
The Regional Economist , Issue Jan

Journal Article
A report on economic conditions in the Little Rock zone
McCrory, Peter B.; Ricketts, Lowell R.; Arias, Maria A.; Neely, Michelle Clark; Kliesen, Kevin L.; Cooke, Diana A.; Eubanks, Daniel (2014-10)
Burgundy Books , Issue 4Q

Journal Article
A report on economic conditions in the St. Louis zone
McCrory, Peter B.; Ricketts, Lowell R.; Arias, Maria A.; Neely, Michelle Clark; Kliesen, Kevin L.; Cooke, Diana A.; Grover, Sean P. (2014-07)
Burgundy Books , Issue 3Q

Journal Article
A report on economic conditions in the Memphis zone
McCrory, Peter B.; Ricketts, Lowell R.; Arias, Maria A.; Neely, Michelle Clark; Kliesen, Kevin L.; Cooke, Diana A.; Grover, Sean P. (2014-07)
Burgundy Books , Issue 3Q

Journal Article
Food Prices and Inflation in China and the U.S. Are Following Similar Paths
Wen, Yi; Arias, Maria A. (2014-10)
A look at food prices in the two countries helps to explain the increasing correlation in their inflation patterns. One reason why their food prices are moving together is the increased trade between the countries.
The Regional Economist

Journal Article
There are two sides to every coin—even to the bitcoin, a virtual currency
Shin, Yongseok; Arias, Maria A. (2013-10)
Central to Bitcoin is its independence from any institution or government, allowing anyone to engage in a direct transaction at a low cost. So, what exactly is it, and how does it work?
The Regional Economist , Issue October