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

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

Bringing the Data to FRED
Arias, Maria A.; Fortova, Yvetta (2021-03-10)
Yvetta Fortova and Maria Arias are among the people powering FRED. They help ensure the St. Louis Fed’s data aggregating powerhouse runs smoothly.
On the Economy

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

Working Paper
Metro Business Cycles
Rapach, David E.; Arias, Maria A.; Gascon, Charles S. (2014-11-11)
We construct monthly economic activity indices for the 50 largest U.S. metropolitan statistical areas (MSAs) beginning in 1990. Each index is derived from a dynamic factor model based on twelve underlying variables capturing various aspects of metro area economic activity. To accommodate mixed-frequency data and differences in data-publication lags, we estimate the dynamic factor model using a maximum- likelihood approach that allows for arbitrary patterns of missing data. Our indices highlight important similarities and differences in business cycles across MSAs. While a number of MSAs ...
Working Papers , Paper 2014-46

Journal Article
Sovereign Default and Economic Performance in Oil-Producing Economies
Arias, Maria A.; Restrepo-Echavarria, Paulina (2016)
Because oil-producing countries do hold public debt and do default, we must understand how oil reserves and production affect risk and economic performance.
Economic Synopses , Issue 20 , Pages 1-2

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

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

Journal Article
A report on economic conditions in the Little Rock zone
Ricketts, Lowell R.; Kliesen, Kevin L.; Neely, Michelle Clark; Shell, Hannah; Eubanks, Daniel; Arias, Maria A.; Cooke, Diana A.; McCrory, Peter B. (2015-04)
Burgundy Books , Issue 2Q