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Bank:Federal Reserve Bank of St. Louis 

Journal Article
Current economic conditions in the Eighth Federal Reserve District. Louisville zone

Burgundy Books , Issue Jun

Journal Article
A Global Perspective of the U.S. Workforce in the Midst of Technological Advancement

Learn about the need to create systems that better reflect the demands of the global workforce in an age when technology threatens to displace many workers.
Bridges , Issue Fall

Journal Article
Balance Sheet Normalization: Monitoring Quantities and Prices

Central bank policymakers watch the spread between “repo” rates and the interest rate on reserve balances to gauge financial market stress and guide balance sheet normalization.
Economic Synopses , Issue 10 , Pages 3 pages

Speech
Welcoming Remarks: A Forum for Minorities in Banking

St. Louis Fed President James Bullard welcomed attendees to ?Banking and the Economy: A Forum for Minorities in Banking.? The event, now in its fourth year, was hosted by the Federal Reserve System.
Speech , Paper 348

Journal Article
Economic hangover: recovery is likely to be prolonged, painful

It's time to pay the piper for our freewheeling spending of the past decade. Although some scenarios for the future economy provide reason to hope, the recovery is likely to be slow and volatile.
The Regional Economist , Issue Apr , Pages 4-9

Journal Article
Many Americans Still Lack Retirement Savings

This article aims to offer a glimpse into the current state of retirement readiness in the United States. We examine the participation in and usage of the two most common types of financial accounts designed exclusively for retirement savings. Overall, our analysis indicates that many households either do not utilize or underutilize the retirement savings plans available to them. We also examine how retirement savings vary with age and discuss alternative ways that nonparticipants may be preparing for retirement.
The Regional Economist , Volume 26 , Issue 1

Journal Article
Forecasts Point to Cautious Optimism for Near-term Rebound

Forecasts suggest the economy is on the road to recovery, though it could take a year or more for activity to return to pre-pandemic levels.
The Regional Economist , Volume 28 , Issue 3

Journal Article
Where Do the Wealthiest Get Their Wealth?

An analysis using data from Norway identifies the top 0.1% of wealth accumulators and then traces how their wealth evolved from their 20s to their 50s.
The Regional Economist

Journal Article
Optimal monetary policy under uncertainty: a Markov jump-linear-quadratic approach

This paper studies the design of optimal monetary policy under uncertainty using a Markov jump-linear-quadratic (MJLQ) approach. To approximate the uncertainty that policymakers face, the authors use different discrete modes in a Markov chain and take mode-dependent linear-quadratic approximations of the underlying model. This allows the authors to apply a powerful methodology with convenient solution algorithms that they have developed. They apply their methods to analyze the effects of uncertainty and potential gains from experimentation for two sources of uncertainty in the New Keynesian ...
Review , Volume 90 , Issue Jul , Pages 275-294

Journal Article
The geography, economics, and politics of lottery adoption

Since New Hampshire introduced the first modern state-sponsored lottery in 1964, 41 other states plus the District of Columbia have adopted lotteries. Lottery ticket sales in the United States topped $48 billion in 2004, with state governments reaping nearly $14 billion in net lottery revenue. In this paper the authors attempt to answer the question of why some states have adopted lotteries and others have not. First, they establish a framework for analyzing the determination of public policies that highlights the roles of individual voters, interest groups, and politicians within a state as ...
Review , Volume 88 , Issue May , Pages 165-180

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