Institution
Federal Reserve Bank of St. Louis
Other•St Louis, Missouri, United States•
About: Federal Reserve Bank of St. Louis is a other organization based out in St Louis, Missouri, United States. It is known for research contribution in the topics: Monetary policy & Inflation. The organization has 203 authors who have published 1650 publications receiving 46084 citations.
Topics: Monetary policy, Inflation, Interest rate, Business cycle, Debt
Papers published on a yearly basis
Papers
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TL;DR: MacKinnon and Milbourne as mentioned in this paper, in an extended comment on Carr and Darby (1981), claim that money supply shocks do not enter the money demand function for the United States.
37 citations
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TL;DR: In this paper, the authors used a search model of money to evaluate some of the benefits and costs of monetary systems with private money, and concluded that private money may promote productive financial intermediation, but it also may encourage counterfeiting.
Abstract: The liabilities of private financial institutions (private money) have circulated historically. Current interest in private money has been spurred by advances in information technology that permit new types of payments arrangements. The author uses a search model of money to evaluate some of the benefits and costs of monetary systems with private money. Private money promotes productive financial intermediation, but it also may encourage counterfeiting. Counterfeiting, if achievable at a sufficiently low cost, may necessitate prohibition of private money in order to support monetary exchange.
37 citations
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01 Jan 2001TL;DR: In this article, an interregional migration regression for the UK is used to measure regional quality of life and standard of living, and the results suggest a North-South divide within England, and that Scotland and Wales have relatively high levels of both.
Abstract: This article reexamines and extends the literature on the use of migration rates to estimate compensating differentials as measures of regional quality of life. I estimate an interregional migration regression for the UK and use the results to measure regional quality of life and standard of living. The results suggest a North-South divide within England, and that Scotland and Wales have relatively high levels of both. The results also lead to a rejection of regional standard-of-living e quivalence (long-run regional equilibrium) in the UK.
36 citations
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TL;DR: This paper showed that price stickiness can generate highly persistent, hump-shaped movements in output under either monetary or non-monetary shocks, provided that investment is also subject to a cash-in-advance constraint.
36 citations
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TL;DR: In this paper, the authors surveyed macroeconomic models explaining these aggregate trends and stressed the relentless flow of technological progress and its role in shaping family life, emphasizing the importance of technology in shaping families.
Abstract: Powerful currents have reshaped the structure of families over the last century. There has been (1) a dramatic drop in fertility and greater parental investment in children; (2) a rise in married female labor-force participation; (3) a significant decline in marriage; (4) a higher degree of positive assortative mating; (5) more children living with a single mother; and (6) shifts in social norms governing premarital sex and married women's roles in the workplace. Macroeconomic models explaining these aggregate trends are surveyed. The relentless flow of technological progress and its role in shaping family life are stressed.
36 citations
Authors
Showing all 214 results
Name | H-index | Papers | Citations |
---|---|---|---|
William Easterly | 93 | 253 | 49657 |
David K. Levine | 66 | 358 | 22455 |
Lucio Sarno | 65 | 218 | 17418 |
Paul W. Wilson | 53 | 147 | 18562 |
Christopher J. Neely | 47 | 201 | 8438 |
Edward Nelson | 46 | 143 | 7819 |
David C. Wheelock | 40 | 173 | 6125 |
Michele Boldrin | 40 | 154 | 8365 |
Massimo Guidolin | 36 | 230 | 5640 |
Daniel L. Thornton | 36 | 230 | 5064 |
Jeremy M. Piger | 34 | 98 | 5997 |
Howard J. Wall | 34 | 136 | 4488 |
Michael T. Owyang | 34 | 204 | 3890 |
Christopher Otrok | 34 | 98 | 7601 |
Ping Wang | 33 | 241 | 4263 |