Michael Owyang

Federal Reserve Bank of St. Louis - Research Division

411 Locust St

Saint Louis, MO 63011

United States

SCHOLARLY PAPERS

70

DOWNLOADS
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Top 13,566

in Total Papers Downloads

6,806

SSRN CITATIONS
Rank 2,517

SSRN RANKINGS

Top 2,517

in Total Papers Citations

490

CROSSREF CITATIONS

218

Scholarly Papers (70)

The Low-Frequency Impact of Daily Monetary Policy Shocks

Number of pages: 33 Posted: 31 Jan 2011
Neville Francis, Eric Ghysels and Michael Owyang
University of North Carolina (UNC) at Chapel Hill - Department of Economics, University of North Carolina Kenan-Flagler Business School and Federal Reserve Bank of St. Louis - Research Division
Downloads 197 (284,382)

Abstract:

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Monetary policy, daily fed funds rate, price puzzle, mixed data frequencies

The Low-Frequency Impact of Daily Monetary Policy Shocks

Federal Reserve Bank of St. Louis Working Paper Series 2011-009B
Number of pages: 29 Posted: 28 Mar 2011 Last Revised: 18 Sep 2012
Neville Francis, Eric Ghysels and Michael Owyang
University of North Carolina (UNC) at Chapel Hill - Department of Economics, University of North Carolina Kenan-Flagler Business School and Federal Reserve Bank of St. Louis - Research Division
Downloads 172 (321,348)

Abstract:

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monetary policy, daily fed funds rate, price puzzle, mixed data frequencies

2.

Structural Breaks and Regional Disparities in the Transmission of Monetary Policy

FRB of St. Louis Working Paper No. 2003-008C
Number of pages: 38 Posted: 29 Aug 2006
Michael Owyang and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division and University of Tennessee, Chattanooga - Department of Finance
Downloads 273 (208,598)
Citation 2

Abstract:

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Regional monetary policy

Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?

AFA 2013 San Diego Meetings Paper
Number of pages: 42 Posted: 15 Mar 2012 Last Revised: 20 Dec 2013
University of Utah - David Eccles School of Business, KeyBank and Federal Reserve Bank of St. Louis - Research Division
Downloads 153 (355,615)
Citation 5

Abstract:

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mortgages, financial crisis, community reinvestment act, GSEs

Did Affordable Housing Legislation Contribute to the Subprime Securities Boom?

Federal Reserve Bank of St. Louis Working Paper No. 2012-005B
Number of pages: 53 Posted: 12 Apr 2012 Last Revised: 20 Dec 2013
KeyBank, University of Utah - David Eccles School of Business and Federal Reserve Bank of St. Louis - Research Division
Downloads 86 (544,999)
Citation 2

Abstract:

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Mortgages, Loan Performance, Community Reinvestment Act, GSEs

4.

Real-Time Forecasting and Scenario Analysis Using a Large Mixed-Frequency Bayesian VAR

FRB St. Louis Working Paper No. 2015-30
Number of pages: 35 Posted: 14 Oct 2015 Last Revised: 03 Jan 2019
Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis - Research Division and Texas A&M University - Department of Economics
Downloads 236 (240,949)

Abstract:

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Stacked vector autoregression, Mixed-frequency estimation, Vector autoregression, Bayesian methods, Forecasting, Nowcasting, conditional forecasts

5.

Business Cycle Phases in U.S. States

FRB of St. Louis Working Paper No. 2003-011
Number of pages: 35 Posted: 17 Jun 2003
Howard J. Wall, Michael Owyang and Jeremy Piger
University of Tennessee, Chattanooga - Department of Finance, Federal Reserve Bank of St. Louis - Research Division and University of Oregon - Department of Economics
Downloads 192 (291,842)
Citation 25

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6.
Downloads 175 (316,882)
Citation 41

The Propagation of Regional Recessions

FRB of St. Louis Working Paper No. 2009-013B
Number of pages: 35 Posted: 02 Apr 2009 Last Revised: 06 Oct 2010
James D. Hamilton and Michael Owyang
University of California at San Diego and Federal Reserve Bank of St. Louis - Research Division
Downloads 131 (402,950)
Citation 29

Abstract:

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recession, regional business cycles, Markov-switching

The Propagation of Regional Recessions

NBER Working Paper No. w16657
Number of pages: 35 Posted: 06 Jan 2011 Last Revised: 08 Jul 2023
James D. Hamilton and Michael Owyang
University of California at San Diego and Federal Reserve Bank of St. Louis - Research Division
Downloads 44 (772,700)

Abstract:

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7.

Differences in Subprime Loan Pricing Across Races and Neighborhoods

Federal Reserve Bank of St. Louis Working Paper No. 2011-033C
Number of pages: 55 Posted: 12 Apr 2012 Last Revised: 08 Aug 2014
University of Utah - David Eccles School of Business, KeyBank and Federal Reserve Bank of St. Louis - Research Division
Downloads 172 (321,631)
Citation 12

Abstract:

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Fair Housing Act; Subprime Mortgages; Loan Performance; Discrimination

8.

Who Benefits from Increased Government Spending? A State-Level Analysis

Federal Reserve Bank of St. Louis Working Paper No. 2009-006B
Number of pages: 49 Posted: 06 Mar 2009 Last Revised: 25 Feb 2013
Michael Owyang and Sarah Zubairy
Federal Reserve Bank of St. Louis - Research Division and Texas A&M University - Department of Economics
Downloads 164 (335,100)
Citation 4

Abstract:

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fiscal policy, structural VAR, government spending

9.

A Time-Varying Threshold Star Model of Unemployment and the Natural Rate

Federal Reserve Bank of St. Louis Working Paper No. 2010-029A
Number of pages: 28 Posted: 21 Sep 2010 Last Revised: 29 Sep 2010
Michael Dueker, Michael Owyang and Martín Sola
Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis - Research Division and Universidad Torcuato Di Tella
Downloads 155 (351,545)
Citation 4

Abstract:

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Regime switching, smooth-transition autoregressive model, unemployment, non- linear models

10.

A Flexible Finite-Horizon Alternative to Long-Run Restrictions with an Application to Technology Shocks

Federal Reserve Bank of St. Louis Working Paper No. 2005-024G
Number of pages: 27 Posted: 19 Jul 2008 Last Revised: 11 Jul 2012
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Federal Reserve Bank of St. Louis - Research Division, Board of Governors of the Federal Reserve System and Federal Reserve Bank of St. Louis - Research Division
Downloads 151 (359,128)
Citation 43

Abstract:

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productivity, structural VAR, long-run restrictions

11.

Is Housing the Business Cycle? Evidence from U.S. Cities

Journal of Urban Economics, Vol. 67, No. 3, 2010, Federal Reserve Bank of St. Louis Working Paper No.2009-007B
Number of pages: 38 Posted: 10 Mar 2009 Last Revised: 24 Nov 2011
Andra C. Ghent and Michael Owyang
University of Utah - David Eccles School of Business and Federal Reserve Bank of St. Louis - Research Division
Downloads 150 (361,083)
Citation 5

Abstract:

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local housing markets, residential investment, economic fluctuations, housing prices

12.

Regional Disparities in the Transmission of Monetary Policy

FRB of St. Louis Working Paper No. 2003-008
Number of pages: 26 Posted: 27 Jun 2003
Howard J. Wall and Michael Owyang
University of Tennessee, Chattanooga - Department of Finance and Federal Reserve Bank of St. Louis - Research Division
Downloads 146 (369,130)
Citation 1

Abstract:

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13.
Downloads 142 (377,264)
Citation 8

Clustered Housing Cycles

FRB of Cleveland Working Paper No. 1524
Number of pages: 42 Posted: 30 Dec 2015
KeyBank, Federal Reserve Bank of St. Louis - Research Division and University of Nottingham
Downloads 75 (592,735)
Citation 7

Abstract:

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clustered Markov switching, business cycles, building permits, comovements

Clustered Housing Cycles

FRB St. Louis Working Paper No. 2013-21
Number of pages: 41 Posted: 06 Oct 2015 Last Revised: 30 Oct 2015
KeyBank, Federal Reserve Bank of St. Louis - Research Division and University of Nottingham
Downloads 67 (631,534)

Abstract:

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Business cycles, Housing, Economic indicators

14.

Do Oil Shocks Drive Business Cycles? Some U.S. and International Evidence

Federal Reserve Bank of St. Louis Working Paper No. 2010-007D
Number of pages: 31 Posted: 05 Mar 2010 Last Revised: 21 Mar 2014
Kristie Engemann, Kevin L. Kliesen and Michael Owyang
Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 139 (383,666)
Citation 9

Abstract:

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time-varying transition probabilities, probit, recession, oil prices, Gibbs sample

Multivariate Forecast Evaluation and Rationality Testing

Federal Reserve Bank of St. Louis Working Paper No. 2007-047A
Number of pages: 45 Posted: 28 Oct 2007
Ivana Komunjer and Michael Owyang
University of California, San Diego (UCSD) - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 85 (549,012)

Abstract:

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multivariate forecast rationalit, multivariate loss, asymmetries, Fed transparency

Multivariate Forecast Evaluation and Rationality Testing

FRB of St. Louis Working Paper No. 2007-047D
Number of pages: 36 Posted: 07 Mar 2010 Last Revised: 27 Mar 2011
Ivana Komunjer and Michael Owyang
University of California, San Diego (UCSD) - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 53 (711,322)

Abstract:

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multivariate forecast rationality, multivariate loss, asymmetries, Fed transparency

16.

Regional Vars and the Channels of Monetary Policy

FRB of St. Louis Working Paper No. 2006-002A
Number of pages: 10 Posted: 06 Jan 2006
Michael Owyang and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division and University of Tennessee, Chattanooga - Department of Finance
Downloads 134 (394,831)
Citation 10

Abstract:

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regional monetary policy

17.

On the Relative Performance of Inflation Forecasts

Number of pages: 19 Posted: 06 Apr 2022
Julie Bennett and Michael Owyang
Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Bank of St. Louis - Research Division
Downloads 133 (397,174)
Citation 1

Abstract:

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inflation, inflation forecasts

18.

Financial Stress Regimes and the Macroeconomy

FRB of St. Louis Working Paper No. 2014-020A
Number of pages: 39 Posted: 02 Aug 2014
Ana Beatriz Galvão and Michael Owyang
Bloomberg Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 125 (416,453)
Citation 11

Abstract:

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factor-augmented VAR models, Smooth Transition VAR models, Gibbs variable selection, financial crisis

19.

A Flexible Finite-Horizon Identification of Technology Shocks

FRB International Finance Discussion Paper No. 832, FRB Bank of St. Louis Working Paper No. 2005-024D
Number of pages: 39 Posted: 25 Apr 2005
Jennifer E. Roush, Neville Francis and Michael Owyang
Board of Governors of the Federal Reserve System, University of North Carolina (UNC) at Chapel Hill - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 121 (426,658)
Citation 1

Abstract:

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Productivity, structural VAR, long-run restrictions

20.

How Has Empirical Monetary Policy Analysis Changed after the Financial Crisis?

FRB of St. Louis Working Paper No. 2014-019A
Number of pages: 27 Posted: 02 Aug 2014
Neville Francis, Laura E. Jackson and Michael Owyang
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Bentley University - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 119 (432,035)
Citation 8

Abstract:

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zero lower bound, affine term structure

21.

States and the Business Cycle

FRB of St. Louis Working Paper No. 2007-050B
Number of pages: 38 Posted: 21 Nov 2007
Michael Owyang, David E. Rapach and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division, Seattle University, Albers School of Business and Economics and University of Tennessee, Chattanooga - Department of Finance
Downloads 119 (432,035)
Citation 5

Abstract:

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State business cycles, Common factors

22.

Comparing Measures of Potential Output

Review, Vol. 100, Issue 4, pp. 297-316, 2018
Number of pages: 20 Posted: 15 Jan 2019 Last Revised: 17 Jul 2019
Amy Guisinger, Michael Owyang and Hannah Shell
George Washington University, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 117 (437,653)

Abstract:

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23.

Tax Progressivity, Economic Booms, and Trickle-Up Economics

FRB St. Louis Working Paper No. 2019-34
Number of pages: 43 Posted: 27 Nov 2019 Last Revised: 08 Apr 2020
Laura E. Jackson, Chris Otrok and Michael Owyang
Bentley University - Department of Economics, University of Missouri and Federal Reserve Bank of St. Louis - Research Division
Downloads 115 (443,237)

Abstract:

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taxes, income inequality, factor-augmented VAR (FAVAR)

Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage

FRB of St. Louis Working Paper No. 2003-038E
Number of pages: 41 Posted: 19 Apr 2006 Last Revised: 09 Nov 2008
Leora Friedberg, Michael Owyang and Tara M. Sinclair
University of Virginia - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and George Washington University - Department of Economics
Downloads 81 (565,900)

Abstract:

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Pension, Contracts, On-the-job search, Job tenure, Matching models, Job-to-job flows

Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage

NBER Working Paper No. w11808
Number of pages: 33 Posted: 16 Feb 2006 Last Revised: 08 Oct 2022
Leora Friedberg, Michael Owyang and Tara M. Sinclair
University of Virginia - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and George Washington University - Department of Economics
Downloads 34 (851,929)
Citation 1

Abstract:

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25.

The Nonlinear Effects of Uncertainty Shocks

FRB St. Louis Working Paper No. 2018-35
Number of pages: 38 Posted: 27 Nov 2018 Last Revised: 21 Oct 2019
Laura E. Jackson, Kevin L. Kliesen and Michael Owyang
Bentley University - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 113 (449,110)
Citation 6

Abstract:

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uncertainty, time-varying threshold VAR, monetary policy, generalized impulse response functions

26.

Measuring the Information Content of the Beige Book: A Mixed Data Sampling Approach

Number of pages: 30 Posted: 12 May 2008
Federal Reserve Bank of St. Louis - Research Division, KeyBank, Federal Reserve Bank of St. Louis - Research Division and University of Oregon - Department of Economics
Downloads 113 (449,110)
Citation 7

Abstract:

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data sampling frequency, textual analysis, DICTION, Beige Book

27.

Forecasting Low Frequency Macroeconomic Events with High Frequency Data

FRB St. Louis Working Paper No. 2020-28
Number of pages: 44 Posted: 15 Sep 2020
Ana Galvão and Michael Owyang
affiliation not provided to SSRN and Federal Reserve Bank of St. Louis - Research Division
Downloads 110 (458,190)
Citation 1

Abstract:

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mixed frequency models, recession, financial indicators, weekly activity index, event probability forecasting

Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data

FRB of St. Louis Working Paper No. 2013-004A
Number of pages: 16 Posted: 23 Jan 2013
Michael Owyang, Valerie A. Ramey and Sarah Zubairy
Federal Reserve Bank of St. Louis - Research Division, University of California at San Diego and Texas A&M University - Department of Economics
Downloads 69 (621,521)
Citation 6

Abstract:

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fiscal policy, multipliers, business cycles

Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data

NBER Working Paper No. w18769
Number of pages: 17 Posted: 02 Feb 2013 Last Revised: 15 Apr 2023
Michael Owyang, Valerie A. Ramey and Sarah Zubairy
Federal Reserve Bank of St. Louis - Research Division, University of California at San Diego and Texas A&M University - Department of Economics
Downloads 39 (810,812)
Citation 57

Abstract:

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29.

Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement

FRB St. Louis Working Paper No. 2015-31
Number of pages: 46 Posted: 20 Oct 2015 Last Revised: 03 Jan 2019
Bentley University - Department of Economics, World Bank, University of Missouri and Federal Reserve Bank of St. Louis - Research Division
Downloads 107 (467,370)
Citation 6

Abstract:

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principal components, Kalman filter, data augmentation, business cycles

30.

Does the United States Lead Foreign Business Cycles?

Review, Vol. 97, Issue 2, pp. 133-158, 2015
Number of pages: 26 Posted: 19 Aug 2015 Last Revised: 24 Jul 2019
Neville Francis, Michael Owyang and Daniel Soques
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and University of North Carolina (UNC) at Wilmington
Downloads 104 (477,093)

Abstract:

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31.

An Endogenously Clustered Factor Approach to International Business Cycles

Number of pages: 32 Posted: 16 Jun 2012
Michael Owyang, Neville Francis and Ozge Savascin
Federal Reserve Bank of St. Louis - Research Division, University of North Carolina (UNC) at Chapel Hill - Department of Economics and affiliation not provided to SSRN
Downloads 102 (483,469)
Citation 8

Abstract:

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32.

The Local Effects of Monetary Policy

Federal Reserve Bank of Saint Louis Working Papers 2009-048
Number of pages: 44 Posted: 26 Sep 2009 Last Revised: 16 Feb 2013
Neville Francis, Michael Owyang and Tatevik Sekhposyan
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Texas A&M University - Department of Economics
Downloads 95 (506,830)
Citation 2

Abstract:

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monetary policy channels, Bayesian vector autoregression, Markov chain Monte Carlo model comparison

33.

Whatever Happened to the Business Cycle? A Bayesian Analysis of Jobless Recoveries

Number of pages: 28 Posted: 02 Apr 2007
Kristie Engemann and Michael Owyang
Federal Reserve Bank of St. Louis and Federal Reserve Bank of St. Louis - Research Division
Downloads 90 (524,498)

Abstract:

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business cycles, Gibbs sampling, smooth transition autoregression, industrial disaggregation

34.

Explaining the Evolution of Pension Structure and Job Tenure

NBER Working Paper No. w10714
Number of pages: 50 Posted: 16 Sep 2004 Last Revised: 12 Oct 2022
Leora Friedberg and Michael Owyang
University of Virginia - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 76 (580,432)
Citation 1

Abstract:

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35.

The Information Content of Regional Employment Data for Forecasting Aggregate Conditions

FRB of St. Louis Working Paper No. 2004-005B
Number of pages: 10 Posted: 29 Jul 2005
Ruben Hernandez-Murillo and Michael Owyang
KeyBank and Federal Reserve Bank of St. Louis - Research Division
Downloads 73 (593,555)
Citation 2

Abstract:

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Forecasting, aggregatation, spatial econometrics

36.

A State-Level Analysis of Okun's Law

FRB of Cleveland Working Paper No. 1523
Number of pages: 43 Posted: 22 Oct 2015
George Washington University, KeyBank, Federal Reserve Bank of St. Louis - Research Division and George Washington University - Department of Economics
Downloads 72 (598,107)
Citation 4

Abstract:

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correlated unobserved components, potential output, natural rate of unemployment

37.

Nonlinearities, Smoothing and Countercyclical Monetary Policy

FRB St. Louis Working Paper No. 2016-8
Number of pages: 39 Posted: 23 May 2016 Last Revised: 03 Jan 2019
Laura E. Jackson, Michael Owyang and Daniel Soques
Bentley University - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and University of North Carolina (UNC) at Wilmington
Downloads 70 (607,334)

Abstract:

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Time-varying transition probabilities, Markov-switching, monetary policy

38.

Forecasting National Recessions Using State Level Data

Federal Reserve Bank of St. Louis Working Paper No. 2012-013B
Number of pages: 33 Posted: 13 Jun 2012 Last Revised: 16 Nov 2013
Michael Owyang, Jeremy Piger and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division, University of Oregon - Department of Economics and University of Tennessee, Chattanooga - Department of Finance
Downloads 70 (607,334)
Citation 5

Abstract:

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turning points, probit, covariate selection

39.

Where is an Oil Shock?

Federal Reserve Board of St. Louis Working Paper No. 2011-016B
Number of pages: 30 Posted: 15 Jun 2011 Last Revised: 21 Mar 2014
Kristie Engemann, Michael Owyang and Howard J. Wall
Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis - Research Division and University of Tennessee, Chattanooga - Department of Finance
Downloads 68 (616,709)
Citation 2

Abstract:

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State-Level Oil Shocks

40.
Downloads 68 (616,709)
Citation 7

Identifying Local Differences in Retirement Patterns

CRR Working Paper No. 2008-18
Number of pages: 30 Posted: 18 Mar 2009
Leora Friedberg, Michael Owyang and Anthony Webb
University of Virginia - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Boston College - Center for Retirement Research
Downloads 68 (626,466)
Citation 7

Abstract:

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Identifying Local Differences in Retirement Patterns

Posted: 07 Mar 2010
Leora Friedberg, Michael Owyang and Anthony Webb
University of Virginia - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Boston College - Center for Retirement Research

Abstract:

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41.

A Measure of Price Pressures

Review, Vol. 97, Issue 1, pp. 25-52, 2015
Number of pages: 28 Posted: 19 Aug 2015 Last Revised: 24 Jul 2019
Laura E. Jackson, Kevin L. Kliesen and Michael Owyang
Bentley University - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 67 (621,480)
Citation 3

Abstract:

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42.
Downloads 66 (626,465)

Contagious Switching

FRB St. Louis Working Paper No. 2019-14
Number of pages: 36 Posted: 15 May 2019
Michael Owyang, Jeremy Piger and Daniel Soques
Federal Reserve Bank of St. Louis - Research Division, University of Oregon - Department of Economics and University of North Carolina (UNC) at Wilmington
Downloads 35 (843,241)

Abstract:

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time varying transition probabilities, NAFTA, business cycle synchronization

Contagious Switching

FRB St. Louis Working Paper No. 2019-014
Number of pages: 46 Posted: 14 May 2021
Michael Owyang, Jeremy M. Piger and Daniel Soques
Federal Reserve Bank of St. Louis - Research Division, affiliation not provided to SSRN and University of North Carolina (UNC) at Wilmington
Downloads 31 (878,145)

Abstract:

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43.

A State-Level Analysis of the Great Moderation

Federal Reserve Bank of St. Louis Working Paper No. 2007-003D
Number of pages: 32 Posted: 06 Feb 2007
Michael Owyang, Jeremy Piger and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division, University of Oregon - Department of Economics and University of Tennessee, Chattanooga - Department of Finance
Downloads 66 (626,465)

Abstract:

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volatility reduction, state business cycles

44.

The Economic Performance of Cities: A Markov-Switching Approach

FRB of St. Louis Working Paper No. 2006-056A
Number of pages: 41 Posted: 25 Oct 2006
Federal Reserve Bank of St. Louis - Research Division, University of Oregon - Department of Economics, University of Tennessee, Chattanooga - Department of Finance and Federal Reserve Bank of St. Louis - Research Division
Downloads 66 (626,465)
Citation 9

Abstract:

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Growth in cities, business cycle phases

45.
Downloads 64 (636,526)

Binary Conditional Forecasts

FRB St. Louis Working Paper No. 2019-29
Number of pages: 33 Posted: 24 Oct 2019
Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Bank of St. Louis - Research Division
Downloads 49 (737,786)

Abstract:

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Qual-VAR, recession, monetary policy, oil shocks

Binary Conditional Forecasts

FRB St. Louis Working Paper No. 2019-029
Number of pages: 33 Posted: 14 May 2021
Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Bank of St. Louis - Research Division
Downloads 15 (1,042,101)

Abstract:

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46.

Clustered Housing Cycles

FRB of St. Louis Working Paper No. 2013-021A
Number of pages: 40 Posted: 27 Jun 2013
KeyBank, Federal Reserve Bank of St. Louis - Research Division and University of Nottingham
Downloads 64 (636,526)
Citation 1

Abstract:

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clustered Markov switching, business cycles, building permits, comovements

47.

A State-Level Analysis of Okun's Law

FRB St. Louis Working Paper No. 2015-29
Number of pages: 37 Posted: 06 Oct 2015 Last Revised: 03 Jan 2019
George Washington University, KeyBank, Federal Reserve Bank of St. Louis - Research Division and George Washington University - Department of Economics
Downloads 63 (641,536)
Citation 1

Abstract:

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Correlated unobserved components, potential output, natural rate of unemployment

48.

Identifying Asymmetry in the Language of the Beige Book: A Mixed Data Sampling Approach

FRB of St. Louis Working Paper No. 2007-010A
Number of pages: 31 Posted: 09 Mar 2007
Federal Reserve Bank of St. Louis - Research Division, KeyBank, Federal Reserve Bank of St. Louis - Research Division and University of Oregon - Department of Economics
Downloads 63 (641,536)

Abstract:

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data sampling frequency, textual analysis, diction, Beige Book

49.

Nonlinear Hedonics and the Search for School Quality

Federal Reserve Bank of St. Louis Working Paper No. 2003-039E
Number of pages: 29 Posted: 22 Sep 2009
affiliation not provided to SSRN, KeyBank and Federal Reserve Bank of St. Louis - Research Division
Downloads 62 (646,794)
Citation 1

Abstract:

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education capitalization, house prices, hedonics, boundary discontinuity

50.

How Do Local Labor Markets Affect Retirement?

Number of pages: 20 Posted: 06 Jul 2017 Last Revised: 17 Jul 2019
Leora Friedberg, Michael Owyang, Wei Sun and Anthony Webb
University of Virginia - Department of Economics, Federal Reserve Bank of St. Louis - Research Division, Renmin University of China - Hanqing Advanced Institute of Economics and Finance and School of Finance and Boston College - Center for Retirement Research
Downloads 61 (652,007)

Abstract:

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51.

Taking Stock: Income Inequality and the Stock Market

Economic Synopses, Issue 7, pp. 1-2, 2016
Number of pages: 2 Posted: 05 May 2016 Last Revised: 29 Apr 2020
Michael Owyang and Hannah Shell
Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 61 (652,007)

Abstract:

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52.

Identifying Technology Shocks in the Frequency Domain

Federal Reserve Bank of St. Louise Working Paper No. 2010-025A
Number of pages: 24 Posted: 07 Aug 2010
Riccardo DiCecio and Michael Owyang
Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 61 (652,007)

Abstract:

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Aggregate Fluctuations, Business Cycle, Frequency Domain, Technology Shocks, Vector Autoregressions

53.

Regional Gasoline Price Dynamics

Number of pages: 26 Posted: 14 Jul 2021
Julie Bennett, Michael Owyang and E. Katarina Vermann
Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis - Research Division and Slalom Consulting
Downloads 60 (657,388)

Abstract:

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gasoline, prices

54.

Countercyclical Policy and the Speed of Recovery after Recessions

FRB of St. Louis Working Paper No. 2013-032C
Number of pages: 34 Posted: 26 Oct 2013 Last Revised: 01 Aug 2014
Neville Francis, Laura E. Jackson and Michael Owyang
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Bentley University - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 58 (668,190)
Citation 7

Abstract:

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jobless recovery, business cycles, survival analysis, variable selection

55.

What Explains the Varying Monetary Response to Technology Shocks in G-7 Countries?

FRB of St. Louis Working Paper No. 2004-002D
Number of pages: 31 Posted: 31 Jul 2005
Neville Francis, Michael Owyang and Athena T. Theodorou
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and University of Missouri at Saint Louis - Department of Economics
Downloads 58 (668,190)
Citation 4

Abstract:

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Productivity, Taylor rule, capital adjustment costs, long-run restrictions

56.

The 2001 Recession and the States of the 8th District

FRB St. Louis Working Paper No. 2005-053A
Number of pages: 27 Posted: 28 Jul 2005
Michael Owyang, Jeremy Piger and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division, University of Oregon - Department of Economics and University of Tennessee, Chattanooga - Department of Finance
Downloads 54 (690,738)

Abstract:

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Markov-switching, business cycles

57.

Business Cycles Across Space and Time

FRB St. Louis Working Paper No. 2019-10
Number of pages: 47 Posted: 26 Mar 2019
Neville Francis, Michael Owyang and Daniel Soques
University of North Carolina (UNC) at Chapel Hill - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and University of North Carolina (UNC) at Wilmington
Downloads 50 (715,034)
Citation 1

Abstract:

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Markov-switching, time-varying transition probabilities, cluster analysis

58.

International Stock Comovements with Endogenous Clusters

FRB St. Louis Working Paper No. 2018-38
Number of pages: 43 Posted: 14 Jan 2019 Last Revised: 28 Mar 2020
Laura Coroneo, Laura E. Jackson and Michael Owyang
University of York - Department of Economics and Related Studies, Bentley University - Department of Economics and Federal Reserve Bank of St. Louis - Research Division
Downloads 50 (715,034)
Citation 4

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diversification, risk, international financial markets, clustered factor model

59.

Fred-Sd: A Real-Time Database for State-Level Data with Forecasting Applications

FRB St. Louis Working Paper No. 2020-31
Number of pages: 47 Posted: 23 Sep 2020 Last Revised: 15 Jan 2023
affiliation not provided to SSRN, Bentley University - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 44 (754,181)

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factor models, Bayesian VARs, space-time autoregression

60.

Debt and Stabilization Policy: Evidence from a Euro Area FAVAR

FRB St. Louis Working Paper No. 2017-22
Number of pages: 55 Posted: 07 Sep 2017 Last Revised: 05 Jan 2019
Laura E. Jackson, Michael Owyang and Sarah Zubairy
Bentley University - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Texas A&M University - Department of Economics
Downloads 42 (768,099)

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Government spending, monetary policy, European Monetary Union, debt

61.

Discordant City Employment Cycles

FRB of St. Louis Working Paper No. 2010-019B
Number of pages: 45 Posted: 14 Jul 2010 Last Revised: 20 Sep 2012
Michael Owyang, Jeremy Piger and Howard J. Wall
Federal Reserve Bank of St. Louis - Research Division, University of Oregon - Department of Economics and University of Tennessee, Chattanooga - Department of Finance
Downloads 40 (782,735)
Citation 2

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City Employment Cycles

62.

Age and Gender Differentials in Unemployment and Hysteresis

FRB St. Louis Working Paper No. 2022-15
Number of pages: 26 Posted: 27 Jul 2022
Amy Y. Guisinger, Michael Owyang and Laura E. Jackson
Lafayette College, Federal Reserve Bank of St. Louis - Research Division and Bentley University - Department of Economics
Downloads 35 (820,520)

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time varying parameters, natural rate of unemployment, hysteresis

63.

Reconsidering the Fed's Forecasting Advantage

FRB St. Louis Working Paper No. 2022-1
Number of pages: 30 Posted: 11 Jan 2022
Lafayette College, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Bank of St. Louis - Research Division
Downloads 30 (862,071)

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conditional encompassing, eurodollar futures, fed information

64.

Business Cycles Across Space and Time

FRB St. Louis Working Paper No. 2019-010
Number of pages: 44 Posted: 14 May 2021
Neville Francis, Michael Owyang and Daniel Soques
University of North Carolina (UNC) at Chapel Hill, Federal Reserve Bank of St. Louis - Research Division and University of North Carolina (UNC) at Wilmington
Downloads 29 (870,621)
Citation 2

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65.

Measuring Potential Output

Number of pages: 2 Posted: 04 Feb 2019 Last Revised: 21 Feb 2019
Amy Guisinger, Michael Owyang and Hannah Shell
George Washington University, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Banks - Federal Reserve Bank of St. Louis
Downloads 29 (870,621)

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66.

Industrial Connectedness and Business Cycle Comovements

FRB St. Louis Working Paper No. 2020-52
Number of pages: 40 Posted: 05 Jan 2021
Amy Guisinger, Michael Owyang and Daniel Soques
George Washington University, Federal Reserve Bank of St. Louis - Research Division and University of North Carolina (UNC) at Wilmington
Downloads 28 (879,430)

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cluster analysis, Markov-switching

67.

The Evolution of Regional Beveridge Curves

FRB St. Louis Working Paper No. 2022-37
Number of pages: 33 Posted: 30 Nov 2022
Michael Owyang, Hannah Shell and Daniel Soques
Federal Reserve Bank of St. Louis - Research Division, Federal Reserve Banks - Federal Reserve Bank of St. Louis and University of North Carolina (UNC) at Wilmington
Downloads 26 (906,927)

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mismatch, vacancies, clustering

68.

Introducing the St. Louis Fed Price Pressures Measure

Economic Synopses, Issue 25, 2015
Number of pages: 2 Posted: 04 May 2018 Last Revised: 29 Apr 2020
Laura E. Jackson, Kevin L. Kliesen and Michael Owyang
Bentley University - Department of Economics, Federal Reserve Bank of St. Louis - Research Division and Federal Reserve Bank of St. Louis - Research Division
Downloads 24 (916,452)

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69.

Impulse Response Functions for Self-Exciting Nonlinear Models

NBER Working Paper No. w31709
Number of pages: 34 Posted: 25 Sep 2023
Neville Francis, Michael Owyang and Daniel Soques
University of North Carolina (UNC) at Chapel Hill, Federal Reserve Bank of St. Louis - Research Division and University of North Carolina (UNC) at Wilmington
Downloads 7 (1,085,198)
Citation 1
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70.

Regime Switching and Monetary Policy Measurement

UCSD Economics Working Paper No. 2001-03
Posted: 03 Jun 2001
Michael Owyang and Garey Ramey
Federal Reserve Bank of St. Louis - Research Division and University of California, San Diego (UCSD) - Department of Economics

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Regime Switching, Monetary Policy, Phillips Curve, Gibbs Sampling