Journal Article
An international perspective on the recent behavior of inflation
De Pace, Pierangelo; Li, Li; Contessi, Silvio (2014)
Several commentators have been concerned about the possibility that the euro area may be experiencing disinflation with the risk of deflation. However, the euro area is not the only economy navigating the risky waters of low inflation. Several other advanced economies have recently experienced below-target inflation as well as some actual deflation. In this article, the authors collect data for nine advanced economies and document several facts about the behavior of inflation during the 2002-14 period. First, they show that the relationship between inflation rates and short-term rates ...
Review , Volume 96 , Issue 3 , Pages 267-294

Journal Article
A report on economic conditions in the St. Louis zone
Ricketts, Lowell R.; Neely, Michelle Clark; Vermann, E. Katarina; Kliesen, Kevin L.; Marifian, Elise; Liu, Yang; Li, Li (2014-04)
Burgundy Books , Issue 2Q

Working Paper
International trade, female labor, and entrepreneurship in MENA countries
Contessi, Silvio; De Nicola, Francesca; Li, Li (2012)
Middle Eastern and North African (MENA) countries stand out in international comparisons of de jure obstacles to female employment and entrepreneurship. These obstacles are mirrored in low female labor rate participation and low entrepreneurship and ownership rates. Recent research suggests a connection between international trade and female labor participation. In this article, the authors focus on the relationship between international trade and gender in the MENA countries first analyzing female labor as a production factor, and then focusing on female entrepreneurship and firm ownership. ...
Working Papers , Paper 2012-053

Journal Article
International trade, female labor, and entrepreneurship in MENA countries
Contessi, Silvio; De Nicola, Francesca; Li, Li (2013-01)
Middle Eastern and North African (MENA) countries stand out in international comparisons of de jure obstacles to female employment and entrepreneurship. These obstacles manifest themselves in low rates of female labor participation, entrepreneurship, and ownership. Recent research suggests a connection between international trade and female labor participation. In this article, the authors focus on the relationship between international trade and gender in the MENA countries. They first analyze female labor as a production factor and then focus on female entrepreneurship and firm ownership. ...
Review , Issue Jan , Pages 89-114

Journal Article
Bank vs. bond financing over the business cycle
Russ, Katheryn N.; Li, Li; Contessi, Silvio (2013)
While bank lending contracts during the typical recession, liquidity in bond markets may not.
Economic Synopses

Journal Article
Multifamily rental housing is growing: “yesterday’s buyer is today’s tenant”
Li, Li; Contessi, Silvio (2013-01)
The Regional Economist , Issue Jan

Journal Article
Three faces of low inflation: U.S., Japan and the Euro area
Li, Li; Contessi, Silvio (2014-07)
The Regional Economist

Journal Article
Rent or buy?
Li, Li; Contessi, Silvio (2013)
The residential real estate market showed additional signs of improvement in 2012, though the recovery has been quite different for single-family compared with multifamily markets.
Economic Synopses

Journal Article
Current risks from exports and foreign sales
Li, Li; Contessi, Silvio (2013)
Consistent with national data, foreign sales of affiliates of U.S. multinational firms headquartered in the Eight Federal Reserve District are larger for Europe and the Asia Pacific region?not Mexico and Canada, the major U.S. trading partners.
Economic Synopses

Journal Article
Translating Kurzarbeit
Li, Li; Contessi, Silvio (2013)
With more research and given the limits of conventional fiscal and monetary policies in addressing the consequences of jobless recoveries, a U.S. version of Kurzarbeit may provide another option in the policymaker?s toolkit.
Economic Synopses