William Dupor

Standard Vita



Ph.D., M.A. Economics
University of Chicago

B.A. Economics, Mathematics
University of Wisconsin

Contact Info

Phone: (314) 444-8601
Fax: (314) 444-8731

Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

For media inquiries contact:
Laura Girresch
Office: (314) 444-6166
Cell: (314) 348-3639

William Dupor

Assistant Vice President

Published Articles

"The Expected Inflation Channel of Government Spending in the Postwar U.S."
with Rong Li
FORTHCOMING: European Economic Review.

"The Analytics of Technology News Shocks"
with M. Saif Mehkari
Journal of Economic Theory, September 2014, 153, pp. 392-427.

"The American Recovery and Reinvestment Act: Solely a Government Jobs Program?"
with T. Conley
Journal of Monetary Economics, July 2013, 60(5), pp. 535-549.

"Integrating Sticky Information and Sticky Prices"
with T. Kitamura and T. Tsuruga
Review of Economics and Statistics, August 2010, 92, pp. 657-669.

"What Do Technology Shocks Tell Us about the New Keynesian Paradigm?"
with J. Han and Y. C. Tsai
Journal of Monetary Economics, May 2009, 50, pp. 560-569.

"Sticky Information: The Impact of Different Information Updating Assumptions"
with T. Tsuruga
Journal of Money, Credit and Banking, December 2005, 37, pp. 1143-1152.

"Stabilizing Non-Fundamental Asset Price Movements under Discretion and Limited Information"
Journal of Monetary Economics, December 2005, 62, pp. 727-747.

"Keynesian Conundrum: Multiplicity and Time Consistent Stabilization"
Review of Economic Dynamics, January 2005, 8, pp. 154-177.

"Optimal Random Monetary Policy with Nominal Rigidity"
Journal of Economic Theory, September 2003, 112, pp. 66-78.

"A Spatial Analysis of Sectoral Complementarity"
with T. Conley
Journal of Political Economy, April 2003, 111, pp. 311-352.

"Jealousy and Equilibrium Overconsumption"
with W.F. Liu
American Economic Review, March 2003, 93, pp. 423-428.

"Ruling Out Pareto Dominated Monetary Equilibria"
Journal of Economic Dynamics and Control, December 2001, 25, pp. 1899-1910.

"Investment and Interest Rate Policy"
Journal of Economic Theory, May 2001, 98, pp. 85-113.

"Exchange Rates and the Fiscal Theory of the Price Level"
Journal of Monetary Economics, June 2000, 45, pp. 613-630.

"Aggregation and Irrelevance in Multi-Sector Models"
Journal of Monetary Economics, April 1999, 43, pp. 391-410.


Other Publications

"The Fed Response to Equity Prices and Inflation"
with T. Conley
American Economic Review, May 2002, 94, pp. 24-28.

"The Natural Rate of Q"
American Economic Review, May 2002, 92, pp. 96-101.

"Monetary Policy and Asset Prices: A Comment"
Journal of Monetary Economics, January 2002, 49, pp. 99-106.

"Some Effects of Taxes on Schooling and Training"
with L. Lochner, C. Taber, and M.B. Wittekind
American Economic Review, May 1996, 86, pp. 340-346.


Articles Published by the Federal Reserve Bank of St. Louis

"The 2009 Recovery Act: Directly Created and Saved Jobs Were Primarily in Government"
St. Louis Federal Reserve Bank Review, 123-146, 96, June 2014.


Working Papers

"Schools and Stimulus"
with M. Saif Mehkari
Working Paper 2015-004A, posted March 2015.

"A Cup Runneth Over: Fiscal Policy Spillovers from the 2009 Recovery Act"
with Peter B. McCrory
Working Paper 2014-029B, posted October 2014, updated February 2015.

"The 2009 Recovery Act: Stimulus at the Extensive and Intensive Labor Margins"
with M. Saif Mehkari
Working Paper 2014-023A, posted August 2014.

"Creating Jobs Via the 2009 Recovery Act: State Medicaid Grants Compared to Broadly-Directed Spending"
Working Paper 2013-035A, posted November 2013.

"News Shocks and Forward-Compatible Investment"
with S. Mehkari
March 2011

"Handling Non-Invertibility: Theory and Applications"
with J. Han
July 2011

"A Search for Timing Effects of Macroeconomic Shocks in the U.S."
with J. Han

"Executing Long Run Restrictions"
with L. Kiefer
August 2008

"Does the Federal Reserve Do What It Says It Expects to Do?"
with T. Mirzoev and T. Conley
January 2007

"Consuming Robustly"
with M. Zhao
December 2005

"Optimal Monetary Policy with Uncertainty Aversion"
with W.F. Liu
January 2004

"Nominal Price versus Asset Price Stabilization"
August 2002

"Increasing Returns and Optimal Oscillating Labor Supply"
with A. Lehnert
FEDS Discussion Paper 2002-22, April 2002

"Sectoral Business Cycle Dynamics using Spatial Methods"
with T. Conley
December 1998


Professional Activities

Associate Editor, Journal of Money, Credit and Banking (2001-present)

Associate Editor, Macroeconomic Dynamics (2001-2006)

Member, "Committee on Transportation Investments in Response to Economic Downturns," Transportation Research Board, National Research Council, 2011-2012

Referee for American Economic Review, Econometrica, Economic Theory, International Economic Review, Journal of Economic Dynamics and Control, Journal of Economic Theory, Journal of Monetary Economics, Journal of Political Economy, Journal of Public Economics, National Science Foundation


Recently Viewed Series

Subscribe to our newsletter for updates on published research, data news, and latest econ information.
Name:   Email:  
Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo