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Working Paper
The Effect of COVID Immigration Restrictions on Post-Pandemic Labor Market Tightness
Rubinton, Hannah; Ricketts, Lowell R.; Marks, Cassandra; Isaacson, Maggie (2024-11-20)
During the COVID-19 pandemic, there were unprecedented shortfalls in immigration. Concurrently, as the economy recovered, the labor market became tight, with the number of vacancies per unemployed worker reaching two, more than twice its pre-pandemic average. In this article, we investigate whether these two trends are connected. We find no evidence to support the hypothesis that the immigration shortfalls caused the tight labor market, for two main reasons. First, while the immigration deficit peaked at about two million workers, this number had largely recovered by February 2022, just as ...
Working Papers , Paper 2024-003

Millennials and Older Gen Zers Made Significant Wealth Gains in 2022
Kent, Ana Hernández; Ricketts, Lowell R. (2024-02-26)
The wealth of U.S. millennials and older Gen Zers grew at an unusually fast pace from 2019 to 2022, with real estate gains driving overall asset growth.
On the Economy

Periodic Essay
Household Wealth is at a Post-WWII High: Should We Celebrate or Worry?
Emmons, William R.; Ricketts, Lowell R. (2017)
In the Balance , Issue 17 , Pages 1-3

Working Paper
Where Did the Workers Go? The Effect of COVID Immigration Restrictions on Post-Pandemic Labor Market Tightness
Rubinton, Hannah; Ricketts, Lowell R.; Marks, Cassandra; Isaacson, Maggie (2024-01)
During the COVID pandemic there were unprecedented shortfalls in immigration. At the same time, during the economic recovery, the labor market was tight, with the number of vacancies per unemployed worker reaching 2.5, more than twice its pre-pandemic average. In this paper, we investigate whether these two trends are linked. We do not find evidence to support the hypothesis that the immigration shortfalls caused the tight labor market for two reasons. First, at the peak, we were missing about 2 million immigrant workers, but this number had largely recovered by February 2022 just as the ...
Working Papers , Paper 2024-003

Which Families Are Most Vulnerable to an Income Shock? A Look at Race and Ethnicity
Ricketts, Lowell R.; Boshara, Ray (2020-12-08)
While liquid assets, education and other factors are associated with how economically resilient families may be during a crisis, race and ethnicity are also related.
On the Economy

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

The Enduring Regional Economic Challenges Associated with the Pandemic
Rodgers, William M.; Ricketts, Lowell R. (2021-09-09)
Families in the Eighth District states are already struggling because of the pandemic. Until COVID-19 is reined in, the economic effects will likely endure.
On the Economy

Journal Article
Auto Debt Expansion Continues to Slow While Subprime Delinquencies Rise
Ricketts, Lowell R. (2016)
In the fourth quarter of 2016, auto debt grew more slowly but subprime delinquencies on car loans rose.
Quarterly Debt Monitor , Volume 1 , Issue 4 , Pages 1-13

Periodic Essay
Choosing to Fail or Lack of Choice? The Demographics of Loan Delinquency
Ricketts, Lowell R.; Emmons, William R.; Pettigrew , Tasso (2016)
In the Balance , Issue 15 , Pages 1-3

Journal Article
A report on economic conditions in the Memphis 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

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