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Michael T. Owyang, Working Papers

"Do Oil Shocks Drive Business Cycles? Some U.S. and International Evidence" - March 2010
with Kristie M. Engemann and Kevin L. Kliesen
Federal Reserve Bank of St. Louis Working Paper 2010-007A
Abstract | Full Text (PDF 346K)

"The Local Effects of Monetary Policy" - September 2009
with Neville Francis and Tatevik Sekhposyan
Federal Reserve Bank of St. Louis Working Paper 2009-048A
Abstract | Full Text (PDF 316K)

"The Propagation of Regional Recessions" - April 2009
with James D. Hamilton
Federal Reserve Bank of St. Louis Working Paper 2009-013A
Abstract | Full Text (PDF 596K)

"Who Benefits from Increased Government Spending? A State-Level Analysis" - March 2009
with Sarah Zubairy
Federal Reserve Bank of St. Louis Working Paper 2009-006A
Abstract | Full Text (PDF 587K)

"Multivariate Forecast Evaluation and Rationality Testing" - October 2007, Revised March 2010
with Ivana Komunjer
Federal Reserve Bank of St. Louis Working Paper 2007-047C
Abstract | Full Text (PDF 938K)

"A Flexible, Finite-Horizon Identification of Technology Shocks" - April 2005, Revised July 2008
with Neville Francis, University of North Carolina, and Jennifer Roush, Federal Reserve Board of Governors
Federal Reserve Bank of St. Louis Working Paper 2005-024E
Abstract | Full Text (PDF 375K)

"Nonlinear Hedonics and the Search for School District Quality" - November 2003, Revised September 2009
with Abbigail J. Chiodo and Rubén Hernández-Murillo
Federal Reserve Bank of St. Louis Working Paper 2003-039E
Abstract | Full Text (PDF 240K)

"Structural Breaks and Regional Disparities in the Transmission of Monetary Policy" - April 2003, Revised February 2005
with Howard J. Wall
Federal Reserve Bank of St. Louis Working Paper 2003-008C
Abstract | Full Text (PDF 895K)

"Explaining the Evolution of Pension Structure and Job Tenure" - October 2002, Revised November 2005
with Leora Friedberg, University of Virginia and NBER
Federal Reserve Bank of St. Louis Working Paper 2002-022D
Abstract | Full Text (PDF 857K ) | Long Version (PDF 949K )

"Duration Dependence in Monetary Policy: International Evidence" - October 2002
with Abbigail J. Chiodo
Federal Reserve Bank of St. Louis Working Paper 2002-021A
Abstract | Full Text (PDF 573K )

"On the Robustness of Monetary Policy Asymmetries" - August 2002
originally circulated as: "Modeling Volcker as a Non-Absorbing State: Agnostic Identification of a Markov-Switching VAR"
Federal Reserve Bank of St. Louis Working Paper 2002-018A
Abstract | Full Text (PDF 493K )


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