Journal Article
A report on economic conditions in the St. Louis 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
Lagging Long-Term Wage Growth
Arias, Maria A.; Chien, YiLi (2015)
The long-run trend of average wages has consistently failed to keep pace with overall economic growth.
Economic Synopses , Issue 14

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
Trapped: Few Developing Countries Can Climb the Economic Ladder or Stay There
Wen, Yi; Arias, Maria A. (2015-10)
Despite the theory of global economic convergence, few developing countries have actually been able to catch up to the income levels in the U.S. or other advanced economies. They remain trapped at a relatively low- or middle-income level.
The Regional Economist , Issue Oct

Journal Article
Does More Financial Development Lead to More or Less Volatility?
Wen, Yi; Arias, Maria A. (2017)
Since the financial crisis, many have speculated that as a financial sector becomes more developed, volatility can become excessive.
The Regional Economist , Volume 25 , Issue 2

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

Journal Article
Demographics Help Explain the Fall in the Labor Force Participation Rate
Arias, Maria A.; Restrepo-Echavarria, Paulina (2016-10)
Some believe the decline is due to discouraged workers' dropping out of the labor force. A review of national and District statistics, however, suggests that demographic changes?such as aging workers and adults spending more years in college?can explain this trend.
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; McGillicuddy, Joseph; Neely, Michelle Clark; Cooke, Diana A. (2015-04)
Burgundy Books , Issue 2Q

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