Education
M.A. Economics
Colorado State University
Fort Collins, Colorado
1989
B.S. Agricultural Business
Colorado State University
1985
Contact Info
Phone: (314) 444-8583
Fax: (314) 444-8731
Email: kliesen@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
Kevin L. Kliesen
Business Economist for the Supervisory Policy and Risk Analysis Unit
Economic Data
"Measuring Financial Market Stress"
with Douglas C. Smith
Federal Reserve Bank of St. Louis National Economic Trends, January 2010.
— The St. Louis Fed's Financial Stress Index (STLFSI):
Appendix | Data
Working Papers
"Productivity Measurement and Monetary Policymaking During the 1990s"
with Richard G. Anderson
Working Paper 2005-067A posted October 2005
Review Articles
"How Good Are the Government’s Deficit and Debt Projections and Should We Care?"
with Daniel L. Thornton
Federal Reserve Bank of St. Louis Review, January/February 2012, 94(1), pp. 21-40.
"FOMC Learning and Productivity Growth (1985-2003): A Reading of the Record"
with Richard G. Anderson
Federal Reserve Bank of St. Louis Review, March/April 2010, 92(2), pp. 129-53.
"Oil and the U.S. Macroeconomy: An Update and a Simple Forecasting Exercise"
Federal Reserve Bank of St. Louis Review, September/October 2008, 90(5), pp. 505-16.
"Forecasting Inflation and Output: Comparing Data-Rich Models with Simple Rules"
with William T. Gavin
Federal Reserve Bank of St. Louis Review, May/June 2008, 90(3, Part 1), pp. 175-92.
"How Well Does Employment Predict Output?"
Federal Reserve Bank of St. Louis Review, September/October 2007, 89(5), pp. 433-46.
Articles in Other Federal Reserve Publications
"Are Small Businesses the Biggest Producers of Jobs?"
with Julia S. Maués
Federal Reserve Bank of St. Louis The Regional Economist, April 2011, pp. 8-9.
"The Economy Continues To Strengthen, but Risks Remain"
Federal Reserve Bank of St. Louis The Regional Economist, April 2011, p. 17.
"Forecasters Expect Solid Growth, Low Inflation in 2011"
Federal Reserve Bank of St. Louis The Regional Economist, January 2011, p. 11.
"Low Interest Rates Have Benefits... and Costs"
Federal Reserve Bank of St. Louis The Regional Economist, October 2010, pp. 6-7.
"The Economy Looks for Its Second Wind"
Federal Reserve Bank of St. Louis The Regional Economist, October 2010, p. 17.
"Economy Is Nearing Cruising Altitude"
Federal Reserve Bank of St. Louis The Regional Economist, July 2010, p. 23.
"Signs Point toward Another Jobless Recovery"
Federal Reserve Bank of St. Louis The Regional Economist, April 2010, p. 17.
"Inflation May Be the Next Dragon To Slay"
Federal Reserve Bank of St. Louis The Regional Economist, January 2010, pp. 4-9.
"Commercial Real Estate: A Drag for Some Banks but Maybe Not for U.S. Economy"
with Rajeev Bhaskar and Yadav Gopalan
Federal Reserve Bank of St. Louis The Regional Economist, January 2010, pp. 10-11.
"The Recovery Might Be a 98-Pound Weakling"
Federal Reserve Bank of St. Louis The Regional Economist, January 2010, p. 19.
Journals
"How Does the FOMC Learn About Economic Revolutions? Evidence from the New Economy Era, 1994-2001"
with Richard G. Anderson
FORTHCOMING: Business Economics
"Do Oil Shocks Drive Business Cycles? Some U.S. and International Evidence"
with Kristie M. Engemann and Michael T. Owyang
FORTHCOMING: Macroeconomic Dynamics
"Deregulation or Reregulation of Agricultural Banks"
with R. Alton Gilbert
American Journal of Agricultural Economics, August 1995, 77(3), pp. 757-61.
"Effects on Interest Rates of Immediately Releasing FOMC Directives"
with Michael T. Belongia
Contemporary Economic Policy, October 1994, 12(4), pp. 1-13.
Recent Commentary
"Initial Claims and Employment Growth: Are We at the Threshold?"
with Michael W. McCracken and Linpeng Zheng
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 41.
"Using Brent and WTI Oil Prices to Predict Gasoline Prices"
with Michael T. Owyang
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 36.
"Tax Rates and Revenue Since the 1970s"
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 24.
"The Federal Debt: Too Little Revenue or Too Much Spending"
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 20.
"Is the Fed's Definition of Price Stability Evolving?"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 33.
"Q & A with Kevin Kliesen"
Illinois Business Journal, June 2010.
"Measuring Financial Market Stress"
with Douglas C. Smith
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 2.
Book Reviews
"Chairman of the Fed: William McChesney Martin, Jr. and the Creation of the American Financial System"
by Robert P. Bremner, 2004
Business Economics, July 2005, pp. 61-62.
"The Coming Generational Storm: What you Need to Know about America's Economic Future"
by Laurence J. Kotlikoff and Scott Burns, 2004
Federal Reserve Bank of Minneapolis The Region, June 2005, pp. 48-53.
Presentations and Outlook Talks
"Dimensions of the Economic Outlook, 2011-15"
American Economic Association Meetings
Denver, Colorado, January 8, 2011.
"Examining the U.S. Economic Outlook"
Professors Conference
Federal Reserve Bank of St. Louis, February 16, 2005.
"The Blue Chip Survey: Moving Beyond the Consensus"
ASSA Annual Meeting
Philadelphia, Pennsylvania, January 7, 2005.
"The Economy and the 2004 Election"
Trinity University
San Antonio, Texas, October 27, 2004.
"The U.S. Economic Outlook: Soft Patch, Sink Hole, or Springboard?"
San Antonio Business and Economics Society
San Antonio, Texas, October 27, 2004.
"The U.S. Economic Outlook"
State of the Economy: Panel Session
Missouri Valley Economics Association
Nashville, Tennessee, October 14, 2004.