Senior Economic Policy Advisor
Ph.D. Economics
University of Rochester
2008
M.A. Economics
University of Rochester
2005
Licentiate
Universidad Nacional de La Plata, Argentina
2000
For media inquiries, contact:
Shera Dalin
mediainquiries@stls.frb.org
Phone: (314) 444-3911
Senior Economic Policy Advisor
"External Shocks versus Domestic Policies in Emerging Markets"
with
Emilio Espino, Julian Kozlowski, and Fernando M. Martin
Federal Reserve Bank of St. Louis Review, Second Quarter 2023
https://doi.org/10.20955/r.105.108-121
"The Economic Impact of COVID-19 around the World"
with
Fernando M. Martin and Olivia Wilkinson
Federal Reserve Bank of St. Louis Review, Second Quarter 2023
https://doi.org/10.20955/r.105.74-88
"An Elementary Model of VC Financing and Growth"
with
Jeremy Greenwood, Pengfei Han, and Hiroshi Inokuma
Federal Reserve Bank of St. Louis Review, First Quarter 2023
https://doi.org/10.20955/r.105.66-73
"Venture Capital: A Catalyst for Innovation and Growth"
with
Jeremy Greenwood and Pengfei Han
Federal Reserve Bank of St. Louis Review, Second Quarter 2022
https://doi.org/10.20955/r.104.120-30
"Reconstructing the Great Recession"
with
Michele Boldrin, Carlos Garriga, and Adrian Peralta-Alva
Federal Reserve Bank of St. Louis Review, Third Quarter 2020
https://doi.org/10.20955/r.102.271-311
"Should Capital Flow from Rich to Poor Countries?"
with
Alexander Monge-Naranjo, Raul Santaeulalia-Llopis, and Faisal Sohail
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2019
https://doi.org/10.20955/r.101.277-95
"Stylized Facts on the Organization of Small Business Partnerships"
with
Emilio Espino and Julian Kozlowski
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2016
https://doi.org/10.20955/r.2016.297-310
"How Does Informal Employment Affect the Design of Unemployment Insurance and Employment Protection?"
with
Emilio Espino
Federal Reserve Bank of St. Louis Review, Second Quarter 2015
https://doi.org/10.20955/r.97.159-72
"Why Are U.S. Firms Holding So Much Cash? An Exploration of Cross-Sectional Variation"
with
Emircan Yurdagul
Federal Reserve Bank of St. Louis Review, July/August 2013
https://doi.org/10.20955/r.95.293-325
"Understanding the Recent Evolution of Auto Loans by Income Level"
with
Masataka Mori
Federal Reserve Bank of St. Louis Economic Synopses, 2024, No. 12
https://doi.org/10.20955/es.2024.12
"The Role of Credit Scores in the Recent Rise in Credit Card Delinquency"
with
Masataka Mori
Federal Reserve Bank of St. Louis Economic Synopses, 2023, No. 20
https://doi.org/10.20955/es.2023.20
"Loan Evergreening: Recent Evidence from the U.S."
with
Miguel Faria e Castro and Pascal Paul
Federal Reserve Bank of St. Louis Economic Synopses, 2022, No. 26
https://doi.org/10.20955/es.2022.26
"Tax Cuts, Venture Capital, and Long-Term Growth"
Federal Reserve Bank of St. Louis Economic Synopses, 2019, No. 22
https://doi.org/10.20955/es.2019.22
"Household Financial Distress and Household Deleveraging"
with
Helu Jiang
Federal Reserve Bank of St. Louis Economic Synopses, 2016, No. 18
https://doi.org/10.20955/es.2016.18
"The Deleveraging of U.S. Households: Credit Card Debt over the Lifecycle"
with
Helu Jiang
Federal Reserve Bank of St. Louis Economic Synopses, 2016, No. 11
https://doi.org/10.20955/es.2016.11
"The Dynamics of Mortgage Debt in Default"
with
Helu Jiang
Federal Reserve Bank of St. Louis Economic Synopses, 2016, No. 3
https://doi.org/10.20955/es.2016.3
"What Drives Household Debt?"
with
Lijun Zhu
Federal Reserve Bank of St. Louis Economic Synopses, 2015, No. 22
https://doi.org/10.20955/es.2015.22
"Student Loan Delinquency: A Big Problem Getting Worse?"
with
Lijun Zhu
Federal Reserve Bank of St. Louis Economic Synopses, 2015, No. 7
https://doi.org/10.20955/es.2015.7
"Why Is Credit Card Delinquency Declining?"
Federal Reserve Bank of St. Louis Economic Synopses, 2014, No. 25
https://doi.org/10.20955/es.2014.25
"The Deleveraging of U.S. Households Since the Financial Crisis"
Federal Reserve Bank of St. Louis Economic Synopses, 2014, No. 5
https://doi.org/10.20955/es.2014.5
"The Role of Total Hours Worked in Japan’s (Lack of) GDP Growth"
with
Emircan Yurdagul
Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 34
https://doi.org/10.20955/es.2013.34
"The Size and Growth of Businesses Started During the Financial Crisis"
Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 30
https://doi.org/10.20955/es.2013.30
"Life Cycle Patterns and Boom-Bust Dynamics in U.S. Housing Prices"
with
Juan Carlos Hatchondo and Leonardo Martinez
Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 9
https://doi.org/10.20955/es.2013.9
"Can Repatriation Taxes Explain the Recent Increase in Cash Holdings?"
with
Emircan Yurdagul
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 35
https://doi.org/10.20955/es.2012.35
"Firm Size and Employment Dynamics in Recessions and Recoveries"
with
Yu-Chien Kong
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 16
https://doi.org/10.20955/es.2012.16
"The Relationships Among Changes in GDP, Employment, and Unemployment: This Time, It’s Different"
with
Constanza S. Liborio
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 13
https://doi.org/10.20955/es.2012.13
"Employment Dynamics During Economic Recoveries"
with
Constanza S. Liborio
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 2
https://doi.org/10.20955/es.2012.2
"Why Is Employment Growth So Low?"
with
Daniel L. Thornton
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 37
https://doi.org/10.20955/es.2011.37
"Deja Vu? The Recent Rise in Credit Card Debt Delinquencies"
with
Olivia Wilkinson
Federal Reserve Bank of St. Louis The Regional Economist,
Third
Quarter 2023
"Tightening Monetary Policy and Patterns of Consumption"
with
Olivia Wilkinson
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2023
"On-Time Mortgage Payments Recover, Even in Financially Distressed Areas"
with
Olivia Wilkinson
Federal Reserve Bank of St. Louis The Regional Economist,
Second
Quarter 2022
"COVID-19 Death Gap by County Income Widened after Vaccine Availability"
with
Olivia Wilkinson
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2022
"COVID-19’s Economic Impact around the World"
Federal Reserve Bank of St. Louis The Regional Economist,
Third
Quarter 2021, Vol. 29, No. 3
"Foreclosure Rate Drops during COVID-19 despite Dip in On-Time Mortgage Payments"
with
Olivia Wilkinson
Federal Reserve Bank of St. Louis The Regional Economist,
Second
Quarter 2021, Vol. 29, No. 2
"How COVID-19 Has Affected the Municipal Bond Market"
with
Olivia Wilkinson
Federal Reserve Bank of St. Louis The Regional Economist,
Fourth
Quarter 2020, Vol. 28, No. 4
"The Unequal Recovery: Measuring Financial Distress by ZIP Code"
with
Ryan Mather
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2019, Vol. 27, No. 1
"Why Is Inflation So Low?"
with
Hee Sung Kim
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2018, Vol. 26, No. 1
"Financial Conditions: Do the Ups and Downs Affect the Rest of the Economy?"
with
Hee Sung Kim
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2017, Vol. 25, No. 1
"District Households Buck the Trend to Pay Down Debt"
with
Helu Jiang
Federal Reserve Bank of St. Louis The Regional Economist,
Third
Quarter 2016, Vol. 24, No. 3
"Labor Indicators: Some of Today's Trends Pre-Date the Great Recession"
with
Marianna Kudlyak
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2016, Vol. 24, No. 1
"Changes in Income Gaps Might Overstate Changes in Welfare Gaps"
with
Lijun Zhu
Federal Reserve Bank of St. Louis The Regional Economist,
Third
Quarter 2015, Vol. 23, No. 3
"Costs of Defaulting on Credit Card Debt Depend on the "Exit" Taken by Borrower"
Federal Reserve Bank of St. Louis The Regional Economist,
Second
Quarter 2015, Vol. 23, No. 2
"Growth around the World Is Still Below the Trend; U.S. Faring Better than Most"
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2015, Vol. 23, No. 1
"A Look at Japan's Slowdown and Its Turnaround Plan"
with
Emircan Yurdagul
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2014, Vol. 22, No. 1
"Europe May Provide Lessons on Preventing Mortgage Defaults"
with
Juan Carlos Hatchondo and Leonardo Martinez
Federal Reserve Bank of St. Louis The Regional Economist,
Third
Quarter 2013, Vol. 21, No. 3
"Why Are Corporations Holding So Much Cash?"
with
Emircan Yurdagul
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2013, Vol. 21, No. 1
"Job Gains and Losses at Large and Small Firms during the Great Recession"
with
Lowell R. Ricketts
Federal Reserve Bank of St. Louis The Regional Economist,
Third
Quarter 2012, Vol. 20, No. 3
"District Overview: Reallocation of Credit, a Measure of Financial Activity, Has Yet To Bounce Back"
with
Constanza S. Liborio
Federal Reserve Bank of St. Louis The Regional Economist,
Second
Quarter 2012, Vol. 20, No. 2
"Starting a Business During a Recovery: This Time, It's Different"
with
Constanza S. Liborio
Federal Reserve Bank of St. Louis The Regional Economist,
First
Quarter 2012, Vol. 20, No. 1
The Relationship between Consumption Growth and Inflation
On the Economy, December 29, 2022
Are Mortgages Becoming More Affordable?
On the Economy, September 8, 2022
Forbearance during COVID-19: How Many Borrowers Used It, and for How Long?
On the Economy, May 31, 2022
The Relationship between Wage Growth and Inflation, One Recession Later
On the Economy, February 25, 2022
Foreclosure Rates and On-Time Mortgage Payments during COVID-19
On the Economy, September 7, 2021
COVID-19 across Counties with Different Pre-Pandemic Financial Distress
On the Economy, February 15, 2021
The Pandemic’s Impact on Municipal Bonds
On the Economy, January 4, 2021
How will COVID-19 Affect Financial Assets, Delinquency and Bankruptcy?
On the Economy, May 4, 2020
Search the On The Economy Blog Submit PRINT FRIENDLY VERSION How Will COVID-19 Affect the Spending of Financially Distressed Households?
On the Economy, April 23, 2020
How Closing Restaurants and Hotels Spills Over to Total Employment
On the Economy, April 2, 2020
COVID-19 and Financial Distress: Vulnerability to Infection and Death
On the Economy, April 2, 2020
COVID-19 and Financial Distress: Employment Vulnerability
On the Economy, March 26, 2020
Families in Financial Distress Are More Likely to Stay in Distress
On the Economy, May 4, 2018
How Credit Card Debt Default Has Evolved
On the Economy, December 22, 2016
Households Less Likely to Say Using Credit Is OK
On the Economy, June 27, 2016
Delinquent Student Loan Borrowers Are Getting Further Behind
On the Economy, April 20, 2015
Credit Card Delinquency Rates Falling Faster for Younger Households
On the Economy, October 13, 2014
Delinquency Rate on Credit Card Loans at Historical Low
On the Economy, September 22, 2014
Increasing House Values Playing Significant Role in Wealth Recovery
On the Economy, June 30, 2014
Paying Down Credit Card Debt: A Breakdown by Income and Age
On the Economy, April 10, 2014
The Deleveraging of U.S. Households
On the Economy, March 27, 2014
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