Journal Article
After Years of Decline, Yields on U.S. Treasuries Rise
Arias, Maria A.; Restrepo-Echavarria, Paulina (2017)
After declining for almost eight years, yields on U.S. Treasuries turned upward in the second half of 2016. Several domestic and international factors have led to a decrease in demand for these bonds.
The Regional Economist , Volume 25 , Issue 1

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.; Grover, Sean P. (2014-07)
Burgundy Books , Issue 3Q

Working Paper
Metro Business Cycles
Arias, Maria A.; Gascon, Charles S.; Rapach, David E. (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
A report on economic conditions in the St. Louis zone
Ricketts, Lowell R.; Arias, Maria A.; Kliesen, Kevin L.; Kerdnunvong, Usa; Shell, Hannah; Eubanks, Daniel; McGillicuddy, Joseph; Neely, Michelle Clark (2015-07)
Burgundy Books , Issue 3Q

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
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.; Eubanks, Daniel (2014-10)
Burgundy Books , Issue 4Q

Journal Article
The liquidity trap: an alternative explanation for today's low inflation
Wen, Yi; Arias, Maria A. (2014-04)
In contrast with many people?s expectations, the Fed?s injection of $3.5 trillion into the economy caused no significant inflation or increases in the price level. There are many possible explanations in the mainstream; an alternative is a liquidity trap.
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

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
Engines of growth vary in four largest cities
Gascon, Charles S.; Arias, Maria A. (2014-01)
The Regional Economist