Education
Ph.D. Economics
West Virginia University,
Morgantown, West Virginia
1998
M.A. Economics
West Virginia University,
Morgantown, West Virginia
1997
B.S. Economics
Shippensburg University of Pennsylvania,
Shippensburg, Pennsylvania
1993
Contact Info
Phone: (314) 444-8601
Fax: (314) 444-8731
Email: tom.a.garrett@stls.frb.org
Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442
For media inquiries contact:
Ben C. Hardaway
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 341-2714
Thomas A. Garrett
Assistant Vice President
Published Papers
"Crime and Arrests: Deterrence or Resource Reallocation?"
with Lesli S. Ott
Applied Economics Letters, August 2011, 18(12), pp. 1171-75.
"Government Growth and Private Contributions to Charity"
with Russell M. Rhine
Public Choice, April 2010, 143(1-2), pp. 103-20.
"War and Pestilence as Labor Market Shocks: U.S. Manufacturing Wage Growth 1914-1919"
Economic Inquiry, October 2009, 47(4), pp. 711-25.
"Income and Lottery Sales: Transfers Trump Income from Work and Wealth"
with Cletus C. Coughlin
Public Finance Review, July 2009, 37(4), pp. 447-69.
"Inter-temporal Differences in the Income Elasticity of Demand for Lottery Tickets"
with Cletus C. Coughlin
National Tax Journal, March 2009, 62(1), pp. 77-99.
"Red Ink in the Rearview Mirror: Local Fiscal Conditions and the Issuance of Traffic Tickets"
with Gary A. Wagner
Journal of Law and Economics, February 2009, 52(1), pp. 71-90.
"Evaluating State Tax Revenue Variability: A Portfolio Approach"
Applied Economics Letters, February 2009, 16(3), pp. 243-6.
Articles in Federal Reserve Bank of St. Louis Publications
Other Publications, Book Reviews, and Edited Volumes
"The Political Economy of FEMA Disaster Payments"
with Russell S. Sobel
Charles Rowley and Friedrich Schneider, eds., The Encyclopedia of Public Choice, Kluwer, 2003.
"Betting on the Future: Policy Issues and Implications for the West Virginia Lottery"
with Russell S. Sobel
The West Virginia Public Affairs Reporter, The Institute for Public Affairs, West Virginia University, Spring 1999.
"Earmarking Property Tax Revenues for Educations: Now You See Them Now You Don't"
with Robert Lawson
Perspectives on Current Issues, The Buckeye Institute, April 1998.
Working Papers
"The Distributional Burden of Instant Lottery Ticket Expenditures: An Analysis by Price Point"
Working Paper 2011-010B posted April 2011, updated January 2012
"Local Cost of Living and Demand Estimation: An Application to State Lotteries"
with Natalia Kolesnikova
Working Paper 2010-035E posted October 2010, updated January 2012
"Personal-Bankruptcy Cycles"
with Howard J. Wall
Working Paper 2010-010A posted March 2010