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Author:Shell, Hannah 

Journal Article
District Overview: As in the Nation, New Jobs in the District Are Concentrated in Low-Paying Industries

The Eighth District added about 150,000 jobs from 2010 to 2013, almost 75 percent of them in low-paying industries. Such jobs are growing at a faster rate than those in high-paying industries, the opposite of what is happening on the national level.
The Regional Economist , Issue July

Working Paper
The Evolution of Regional Beveridge Curves

The slow recovery of the labor market in the aftermath of the Great Recession highlighted mismatch, the misallocation of workers across space or across industries. We consider the historical evolution of regional mismatch. We construct MSA-level unemployment rates and vacancy data using techniques similar to Barnichon (2010) and a new dataset of online help-wanted ads by MSA. We estimate regional Beveridge curves, identifying the slopes by restricting them to be equal across locations with similar labor market characteristics. We find that the 51 U.S. cities in our sample have four groupings ...
Working Papers , Paper 2022-037

Journal Article
Bank Lending During Recessions

Tightening of lending standards can account for part of the negative loan growth during the 2007-09 recession.
Economic Synopses , Issue 2

Journal Article
A report on economic conditions in the Louisville zone

Burgundy Books , Issue 3Q

Journal Article
Dealing with the Leftovers: Residual Seasonality in GDP

Residual seasonality in gross domestic product can make it difficult for policymakers to know whether weak first-quarter GDP growth is due to an actual downturn or a reported number that is understated.
The Regional Economist , Volume 26 , Issue 4

Journal Article
A report on economic conditions in the St. Louis zone

Burgundy Books , Issue 1Q

Journal Article
A report on economic conditions in the St. Louis zone

Burgundy Books , Issue 3Q

Journal Article
Comparing Measures of Potential Output

One of the goals of stabilization policy is to reduce the output gap?the difference between potential and actual output?during downturns. Potential output, however, is an unobserved variable whose definition can vary. For example, some view potential output as the level of output that can be produced when employment is at the natural rate. Others use trend measures of output to measure potential. We survey some of these measures using both full-sample data (all of the data that would be available through June 2017) and real-time data (the actual data that would have been available at ...
Review , Volume 100 , Issue 4 , Pages 297-316

Journal Article
How Important Are Production Networks to the U.S. Economy?

As manufacturing grows more sophisticated, industries become more interconnected through production networks.
The Regional Economist , Volume 26 , Issue 4

Journal Article
Moving In, Moving Out: The Migration Pattern of the Eighth District

Education and income differed between those leaving and those entering the District states from 2013-2017.
The Regional Economist , Volume 27 , Issue 3

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