Search Results
Journal Article
60% of District's Jobs Could Face Automation in the Next 20 Years
Jobs in the St. Louis Fed?s District face a higher risk of automation than do jobs nation-wide. Smaller MSAs in the District will face bigger impact.
Working Paper
The Evolution of Regional Beveridge Curves
The slow recovery of the labor market in the aftermath of the Great Recession highlighted mismatch, or the misallocation of workers across space or across industries. We consider the historical evolution of regional mismatch. We construct MSA-level unemployment rates and vacancy data using techniques similar to Barnichon (2010) and a new dataset of online help wanted ads by MSA. We estimate regional Beveridge curves, identifying the slopes by restricting them to be equal across locations with similar labor market characteristics. We find that the 51 U.S. cities in our sample have four ...
Journal Article
A report on economic conditions in the Little Rock zone
Journal Article
Dealing with the Leftovers: Residual Seasonality in GDP
Residual seasonality in gross domestic product can make it difficult for policymakers to know whether weak first-quarter GDP growth is due to an actual downturn or a reported number that is understated.
Journal Article
Economic Forecasting: Comparing the Fed with the Private Sector
Fed forecasts have generally been more accurate than private forecasts, but the reason isn?t clear.
Journal Article
The Global Decline of the Natural Rate of Interest and Implications for Monetary Policy
A low natural rate of interest in normal times may call for unconventional policy in recessions.
Journal Article
Moving In, Moving Out: The Migration Pattern of the Eighth District
Education and income differed between those leaving and those entering the District states from 2013-2017.
Journal Article
A report on economic conditions in the Little Rock zone
Journal Article
Measuring Potential Output
So many ways to measure potential output, so little consensus?But different measurements don?t necessarily alter central bank policy decisions.
Journal Article
The Recent Evolution of U.S. Local Labor Markets
Counties with severe declines in housing net worth during the 2007-09 recession experienced larger declines in employment.