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Richard G. Anderson

Emeritus

Education

Ph.D. Economics
Massachusetts Institute of Technology
1980

B.A. Economics
University of Minnesota
1972

Contact Info

Fax: (314) 444-8731

Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

For media inquiries, contact:
Shera Dalin
mediainquiries@stls.frb.org
Phone: (314) 444-3911

Richard G. Anderson

Emeritus

Richard Anderson retired on June 30, 2013. He can be contacted at RAnderson@lindenwood.edu




Review Articles

"A Comprehensive Revision of the U.S. Monetary Services (Divisia) Indexes"
with  Barry Jones
Federal Reserve Bank of St. Louis Review, September/October 2011
https://doi.org/10.20955/r.93.325-360

"Doubling Your Monetary Base and Surviving: Some International Experience"
with Charles S. Gascon and  Yang Liu
Federal Reserve Bank of St. Louis Review, November/December 2010
https://doi.org/10.20955/r.92.481-506

"FOMC Learning and Productivity Growth (1985-2003): A Reading of the Record"
with Kevin L. Kliesen
Federal Reserve Bank of St. Louis Review, March/April 2010
https://doi.org/10.20955/r.92.129-154

"The Commercial Paper Market, the Fed, and the 2007-2009 Financial Crisis"
with Charles S. Gascon
Federal Reserve Bank of St. Louis Review, November/December 2009
https://doi.org/10.20955/r.91.589-612

"Editor's Introduction"
Federal Reserve Bank of St. Louis Review, July/August 2009
https://doi.org/10.20955/r.91.181-186

"Estimating U.S. Output Growth with Vintage Data in a State-Space Framework"
with Charles S. Gascon
Federal Reserve Bank of St. Louis Review, July/August 2009
https://doi.org/10.20955/r.91.349-370

"Currency Design in the United States and Abroad: Counterfeit Deterrence and Visual Accessibility"
with  Marcela M. Williams
Federal Reserve Bank of St. Louis Review, September/October 2007
https://doi.org/10.20955/r.89.371-414

"The 1990s Acceleration in Labor Productivity: Causes and Measurement"
with Kevin L. Kliesen
Federal Reserve Bank of St. Louis Review, May/June 2006
https://doi.org/10.20955/r.88.181-202

"Replicability, Real-Time Data, and the Science of Economic Research: FRED, ALFRED, and VDC"
Federal Reserve Bank of St. Louis Review, January/February 2006
https://doi.org/10.20955/r.88.81-94

"Revisions to User Costs for the Federal Reserve Bank of St. Louis Monetary Services Indices"
with  Jason J. Buol
Federal Reserve Bank of St. Louis Review, November/December 2005
https://doi.org/10.20955/r.87.735-50

"A Reconstruction of the Federal Reserve Bank of St. Louis Adjusted Monetary Base and Reserves"
with  Jeffrey Loesel and Robert H. Rasche
Federal Reserve Bank of St. Louis Review, September/October 2003
https://doi.org/10.20955/r.85.39-70

"Retail Sweep Programs and Bank Reserves, 1994-1999"
with Robert H. Rasche
Federal Reserve Bank of St. Louis Review, January/February 2001
https://doi.org/10.20955/r.83.51-72

"Real Output in Switzerland: New Estimates for 1914-47"
with  Felix Andrist and  Marcela M. Williams
Federal Reserve Bank of St. Louis Review, May/June 2000
https://doi.org/10.20955/r.82.43-70

"Eighty Years of Observations on the Adjusted Monetary Base: 1918-1997"
with Robert H. Rasche
Federal Reserve Bank of St. Louis Review, January/February 1999
https://doi.org/10.20955/r.81.3-22

"Introduction to the St. Louis Monetary Services Index Project"
with  Barry Jones and  Travis Nesmith
Federal Reserve Bank of St. Louis Review, January/February 1997
https://doi.org/10.20955/r.79.25-30

"Monetary Aggregation Theory and Statistical Index Numbers"
with  Barry Jones and  Travis Nesmith
Federal Reserve Bank of St. Louis Review, January/February 1997
https://doi.org/10.20955/r.79.31-52

"Building New Monetary Services Indexes: Concepts Data and Methods"
with  Barry Jones and  Travis Nesmith
Federal Reserve Bank of St. Louis Review, January/February 1997
https://doi.org/10.20955/r.79.53-82

"Measuring the Adjusted Monetary Base in an Era of Financial Change"
with Robert H. Rasche
Federal Reserve Bank of St. Louis Review, November/December 1996
https://doi.org/10.20955/r.78.3-37

"A Revised Measure of the St. Louis Adjusted Monetary Base"
with Robert H. Rasche
Federal Reserve Bank of St. Louis Review, March/April 1996
https://doi.org/10.20955/r.78.3-14

"Replication and Scientific Standards in Applied Economics A Decade After the Journal of Money, Credit and Banking Project"
with  William G. Dewald
Federal Reserve Bank of St. Louis Review, November/December 1994
https://doi.org/10.20955/r.76.79-83

"Editor's Introduction"
Federal Reserve Bank of St. Louis Review, November/December 1994
https://doi.org/10.20955/r.76.3-6

"Editor's Introduction"
Federal Reserve Bank of St. Louis Review, March/April 1994
https://doi.org/10.20955/r.76.vii-xi

"A Historical Perspective on the Federal Reserve's Monetary Aggregates: Definition, Construction and Targeting"
with  Kenneth A. Kavajecz
Federal Reserve Bank of St. Louis Review, March/April 1994
https://doi.org/10.20955/r.76.1-31

"The Effect of Mortgage Refinancing on Money Demand and the Monetary Aggregates"
Federal Reserve Bank of St. Louis Review, July/August 1993
https://doi.org/10.20955/r.75.49-63


Economic Synopses Articles

"Japan as a Role Model?"
Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 19
https://doi.org/10.20955/es.2013.19

"Quantitative Easing the Swedish Way"
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 33
https://doi.org/10.20955/es.2012.33

"How Positive Are Recent Employment and Labor Market Trends?"
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 25
https://doi.org/10.20955/es.2012.25

"Driving to Recession and Recovery"
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 22
https://doi.org/10.20955/es.2012.22

"The FOMC: Transparency Achieved?"
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 9
https://doi.org/10.20955/es.2012.9

"Liquidity Crises in the Small and Large"
with  Barry Jones
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 34
https://doi.org/10.20955/es.2011.34

"Monetary Policy, Bubbles, and Goldilocks"
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 2
https://doi.org/10.20955/es.2011.2

"Is More QE in Sight?"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 31
https://doi.org/10.20955/es.2010.31

"The First U.S. Quantitative Easing: The 1930s"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 17
https://doi.org/10.20955/es.2010.17

"The Financial Services Sector: Boom and Recession"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 39
https://doi.org/10.20955/es.2009.39

"The Success of the CPFF?"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 18
https://doi.org/10.20955/es.2009.18

"British Banking in Crisis"
with  Andrew W. Mullineux
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 16
https://doi.org/10.20955/es.2009.16

"Bankers Acceptances and Unconventional Monetary Policy: FAQs"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 14
https://doi.org/10.20955/es.2009.14

"Resolving a Banking Crisis, the Nordic Way"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 10
https://doi.org/10.20955/es.2009.10

"Bagehot on the Financial Crises of 1825…and 2008"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 7
https://doi.org/10.20955/es.2009.7

"Bankers’ Acceptances: Yesterday’s Instrument to Restart Today’s Credit Markets?"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 5
https://doi.org/10.20955/es.2009.5

"Paying Interest on Deposits at Federal Reserve Banks"
Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 30
https://doi.org/10.20955/es.2008.30

"Fueling Expected Inflation"
with Charles S. Gascon
Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 21
https://doi.org/10.20955/es.2008.21

"Monetary Policy’s Third Interest Rate"
Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 15
https://doi.org/10.20955/es.2008.15

"Energy and the Economy"
Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 9
https://doi.org/10.20955/es.2008.9

"The FOMC in 1978"
with Charles S. Gascon
Federal Reserve Bank of St. Louis Economic Synopses, 2007, No. 18
https://doi.org/10.20955/es.2007.18

"How Well Do Wages Follow Productivity Growth?"
Federal Reserve Bank of St. Louis Economic Synopses, 2007, No. 7
https://doi.org/10.20955/es.2007.7

"U.S. Currency at Home and Abroad"
with  Marcela M. Williams
Federal Reserve Bank of St. Louis Economic Synopses, 2007, No. 6
https://doi.org/10.20955/es.2007.6

"Yield Curve Inversions and Cyclical Peaks"
Federal Reserve Bank of St. Louis Economic Synopses, 2006, No. 10
https://doi.org/10.20955/es.2006.10

"The Long-Run Benefits of Sustained Low Inflation"
Federal Reserve Bank of St. Louis Economic Synopses, 2006, No. 5
https://doi.org/10.20955/es.2006.5

"TIPS for Social Security?"
Federal Reserve Bank of St. Louis Economic Synopses, 2005, No. 9
https://doi.org/10.20955/es.2005.9

"Wicksell’s Natural Rate"
Federal Reserve Bank of St. Louis Economic Synopses, 2005, No. 6
https://doi.org/10.20955/es.2005.6

"A Neutral Federal Funds Rate?"
with  Jason J. Buol and Robert H. Rasche
Federal Reserve Bank of St. Louis Economic Synopses, 2004, No. 28
https://doi.org/10.20955/es.2004.28

"Perfecting Housing Finance"
Federal Reserve Bank of St. Louis Economic Synopses, 2004, No. 25
https://doi.org/10.20955/es.2004.25

"The FOMC’s “Considerable Period”"
with Daniel L. Thornton
Federal Reserve Bank of St. Louis Economic Synopses, 2004, No. 3
https://doi.org/10.20955/es.2004.3

"A Case for Oil?"
with  Michelle T. Meisch
Federal Reserve Bank of St. Louis Economic Synopses, 2003, No. 14
https://doi.org/10.20955/es.2003.14

"Interpreting Monetary Growth"
Federal Reserve Bank of St. Louis Economic Synopses, 2002, No. 3
https://doi.org/10.20955/es.2002.3