Education
Ph.D. Economics
University of Rochester
2001
M.A. Economics
University of Rochester
1998
B.A. Economics
ITAM, Mexico
1995
Contact Info
Phone: (314) 444-8588
Fax: (314) 444-8731
Email: ruben.hernandez@stls.frb.org
Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442
For media inquiries contact:
Adam Allington
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 313-3783
Rubén Hernández-Murillo
Senior Economist
Published Papers
"Strategic Online-Banking Adoption"
with Roberto Fuentes and Gerard Llobet
Journal of Banking and Finance, July 2010, 34(7), pp. 1650-63.
"Measuring the Information Content of the Beige Book: A Mixed Data Sampling Approach"
with Michelle T. Armesto, Michael T. Owyang, and Jeremy M. Piger
Journal of Money, Credit, and Banking, February 2009, 41(1), pp. 35-55.
"Spatial Dependence in Models of State Fiscal Policy Convergence"
with Cletus C. Coughlin and Thomas A. Garrett
Public Finance Review, May 2007, 35(3), pp. 361-84.
"The Information Content of Regional Employment Data for Forecasting Aggregate Conditions"
with Michael T. Owyang
Economics Letters, March 2006, 90(3), pp. 339-5.
"Patent Licensing Revisited: Heterogeneous Firms and Product Differentiation"
with Gerard Llobet
International Journal of Industrial Organization, January 2006, 24(1), pp. 149-75.
"Racial Profiling or Racist Policing? Bounds Tests in Aggregate Data"
with John Knowles
International Economic Review, August 2004, 45(3), pp. 959-89.
"Tax Competition and Tax Harmonization with Evasion"
with Néstor Gándelman
Topics in Economic Analysis and Policy, 2004, 4(1).
Review Articles
"Regional Aggregation in Forecasting: An Application to the Federal Reserve’s Eighth District"
with Kristie M. Engemann and Michael T. Owyang
Federal Reserve Bank of St. Louis Review, May/June 2011, 93(3), pp. 207-222.
Patterns of Interstate Migration in the United States from the Survey of Income and Program Participation"
with Leslie S. Ott, Michael T. Owyang, and Denise Whalen
Federal Reserve Bank of St. Louis Review, May/June 2011, 93(3), pp. 169-186.
"Nonlinear Effects of School Quality on House Prices"
with Abbigail Chiodo and Michael T. Owyang
Federal Reserve Bank of St. Louis Review, May/June 2010, 92(3), pp. 185-204.
"The Impact of Inflation and Unemployment on Subjective Personal and Country Evaluations"
with Néstor Gandelman
Federal Reserve Bank of St. Louis Review, May/June 2009, 91(3), pp. 107-26.
"Drug Prices Under the Medicare Drug Discount Card Program"
with Emin M. Dinlersoz, Han Li, and Roger Sherman
Federal Reserve Bank of St. Louis Review, November/December 2008, 90(6), pp. 643-66.
"Experiments in Financial Liberalization: The Mexican Banking Sector"
Federal Reserve Bank of St. Louis Review, September/October 2007, 89(5), pp. 415-32.
Regional Economic Development Articles
"Regional Aggregation in Forecasting: An Application to the Federal Reserve's Eighth District"
with Kristie M. Engemann and Michael T. Owyang
Federal Reserve Bank of St. Louis Regional Economic Development, October 2008, 4(1), pp. 15-29.
The Regional Economist Articles
"Immigrants: Skills, Occupations and Locations"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, October 2011, pp. 18-19.
"Hispanics Play Different Role in District's Growth than in Nation's"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, July 2011, pp. 22-23.
"Which Came First—Better Education or Better Health?"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, April 2011, pp. 6-7.
"In Some Cases, a Sick Economy Can Be a Prescription for Good Health"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, October 2010, pp. 8-9.
Working Papers
"Interjurisdictional Competition with Adverse Selection"
Working Paper 2012-052A, posted October 2012.
Commentary
"Immigration at the Extremes of the Skill Distribution"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 31.
"The Effects of Education on Health"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 11.
"Mortality Rates and the Business Cycle"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 35.
"City Growth and Industry Employment Reallocation"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 13.
"U.S. Migration Over the Life Cycle"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 33.
