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Journal Article
Assessing Layoffs in Four Midwestern States during the Pandemic Recession
Krolikowski, Pawel; Hernandez-Murillo, Ruben (2020-08-05)
We use WARN data to assess layoffs in four Midwestern states during the current pandemic-induced recession—Kentucky, Ohio, Pennsylvania, and West Virginia. The data come from the advance layoff notices filed under the Worker Adjustment and Retraining Notification (WARN) Act. We find that the number of workers affected by layoff announcements rose sharply in the second half of March and April, and unexpected changes in economic conditions meant that workers received little advance notice before layoff. Layoff announcements have affected workers across these four states, and workers in mining ...
Economic Commentary , Volume 2020 , Issue 21 , Pages 6

Journal Article
Drug prices under the medicare drug discount card program
Sherman, Roger; Dinlersoz, Emin M.; Hernandez-Murillo, Ruben; Li, Han (2008-11)
In early 2004, the U.S. government initiated the Medicare Drug Discount Card Program (MDDCP), which allowed card subscribers to obtain discounts on prescription drugs. Pharmacy-level prices were posted on the program website weekly with the hope or promoting competition among card sponsors by facilitating consumer access to prices. A large panel of pharmacy-level price data collected from this website indicates that price dispersion across cards persisted throughout the program. Prices declined initially when consumers were choosing cards, but rose later when subscribers were restricted to ...
Review , Volume 90 , Issue Nov , Pages 643-666

Journal Article
Employment growth slows in the Eighth District
Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu; La Jeunesse, Elizabeth A. (2007-10)
The Regional Economist , Issue Oct , Pages 16-17

Journal Article
Entrepreneurship
Hernandez-Murillo, Ruben (2004-05)
National Economic Trends , Issue May

Journal Article
Innovation: Is the Eighth District catching up with the nation?
Hernandez-Murillo, Ruben (2003-04)
The degree of innovation in the Eighth District has lagged the rest of the nation over the past two decades. In one area, however, the District is beginning to catch up.
The Regional Economist , Issue Apr , Pages 12-13

Journal Article
Manufacturing and construction decline in the ranks of top 10 employers
Hernandez-Murillo, Ruben; Marifian, Elise (2012-10)
The Regional Economist , Issue Oct , Pages 14-16

Journal Article
Employment growth mixed across Eighth District
Aubuchon, Craig P.; Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu (2009-01)
The Regional Economist , Issue Jan , Pages 20-21

Journal Article
Urban areas host the largest manufacturing and service employers
Hernandez-Murillo, Ruben; Marifian, Elise (2013-07)
The Regional Economist , Issue July

Working Paper
Clustered Housing Cycles
Rubio, Margarita; Owyang, Michael T.; Hernandez-Murillo, Ruben (2015-10-22)
Using a panel of U.S. city-level building permits data, we estimate a Markov-switching model of housing cycles that allows for idiosyncratic departures from a national housing cycle. These departures occur for clusters of cities that experience simultaneous housing contractions. We find that cities do not form housing regions in the traditional geographic sense. Instead, similarities in factors affecting the demand for housing (such as average winter temperature and the unemployment rate) appear to be more important determinants of cyclical comovements than similarities in factors affecting ...
Working Papers (Old Series) , Paper 1524

Journal Article
Mortality rates and the business cycle
Martinek, Christopher J.; Hernandez-Murillo, Ruben (2010)
Mortality rates no longer rise sharply in recessions.
Economic Synopses

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