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Bank:Federal Reserve Bank of Kansas City 

Conference Paper
What determines the variation in entrepreneurial success?

Proceedings: Community Affairs Dept. Conferences , Issue Jul , Pages 165-189

Journal Article
Prospects for the tenth district energy industry

Economic Review , Volume 76 , Issue Jul , Pages 33-46

Journal Article
Why do banks' loan losses differ?

Economic Review , Volume 72 , Issue May , Pages 3-21

Journal Article
Does immigration reduce imbalances among labor markets or increase them? : evidence from recent migration flows

Immigration from abroad has increased dramatically since the 1960s, as workers from less developed countries have moved to the U.S. in search of higher wages. The new wave of immigration has reignited the debate about the impact of immigration on the economy. One way immigration affects the economy is through the labor market. At the national level, immigration is widely believed to harm native workers with similar skills by reducing their wages or their probability of obtaining a job. But immigration can also alter the allocation of workers across markets?either for better or for worse. If ...
Economic Review , Issue Q IV , Pages 47-79

Journal Article
Characterizing the 2014–16 Slowdown in Investment

Investment growth slowed from 2014 to 2016, a period when the overall economy was expanding. Using a statistical model, the author found a clear evidence that investment growth fluctuates between high and low growth regimes that usually correspond to expansions and recessions. However, during 2014?16, the investment sector experienced an isolated recession within an overall expansion, which is unusual by historical standards.
Macro Bulletin

Working Paper
The Size of U.S. Metropolitan Areas

Metropolitan areas—unions of nearby built-up locations within which people travel on a day-to-day basis among places of residence, employment, and consumption—serve as a fundamental unit of economic analysis. But existing delineations of U.S. metro areas—including metropolitan Core-Based Statistical Areas (CBSAs), Urbanized Areas, and Commuting Zones—stray far from this conception. We develop a flexible algorithm that uses commuting flows among U.S. census tracts in 2000 to match varied interpretations of our metropolitan conception. Under a baseline parameterization that balances ...
Research Working Paper , Paper RWP 21-02

Journal Article
Achieving the American dream: the affordability of homeownership for middle-income Americans

As housing prices climbed, many people complained that homes had become unaffordable to middle-income Americans. Research shows that homeowners are actually better off today than decades ago.
TEN , Issue Sum , Pages 8-13

Journal Article
Productivity in the U.S. economy: trends and implications

Economic Review , Volume 64 , Issue Nov , Pages 13-26

Journal Article
A price history for controlling shares of small banks in the Tenth District

Financial Industry Perspectives

Journal Article
Consumer debt dynamics : an update

Macro Bulletin




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