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Thomas A. Garrett


Ph.D. Economics
West Virginia University

M.A. Economics
West Virginia University

B.S. Economics
Shippensburg University of Pennsylvania

Contact Info

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

For media inquiries contact:
Laura Taylor
Office: (314) 444-8783
Cell: (314) 313-4613

Forthcoming Publications

"The Distributional Burden Of Instant Lottery Ticket Expenditures: An Analysis By Price Point,"
FORTHCOMING: Public Finance Review.


Journal Publications

"Crime And Arrests: Deterrence Or Resource Reallocation?"
with Lesli S. Ott.
Applied Economics Letters, 18(12), pp. 1171-75, August 2011.

"Government Growth And Private Contributions To Charity,"
with Russell M. Rhine.
Public Choice, 143(1-2), pp. 103-20, April 2010.

"War And Pestilence As Labor Market Shocks: U.S. Manufacturing Wage Growth 1914-1919,"
Economic Inquiry, 47(4), pp. 711-25, October 2009.

"Income And Lottery Sales: Transfers Trump Income From Work And Wealth,"
with Cletus C. Coughlin.
Public Finance Review, 37(4), pp. 447-69, July 2009.

"Inter-temporal Differences In The Income Elasticity Of Demand For Lottery Tickets,"
with Cletus C. Coughlin.
National Tax Journal, 62(1), pp. 77-99, March 2009.

"Evaluating State Tax Revenue Variability: A Portfolio Approach,"
Applied Economics Letters, 16(3), pp. 243-6, February 2009.

"Red Ink In The Rearview Mirror: Local Fiscal Conditions And The Issuance Of Traffic Tickets,"
with Gary A. Wagner.
Journal of Law and Economics, 52(1), pp. 71-90, February 2009.

"Do Casinos Export Bankruptcy?"
with Mark W. Nichols.
Journal of Socio-Economics, 37(4), pp. 1481-94, August 2008.

"Why People Choose Negative Expected Return Assets - An Empirical Examination Of A Utility Theoretic Explanation,"
with Nalinaksha Bhattacharyya.
Applied Economics, 40(1), pp. 27-34, January 2008.

"Regional Disparities In The Spatial Correlation Of State Income Growth, 1997-2002,"
with Gary A. Wagner and David C. Wheelock.
Annals of Regional Science, 41(3), pp. 601-618, September 2007.

"Spatial Dependence In Models Of State Fiscal Policy Convergence,"
with Cletus C. Coughlin and Rubén Hernández-Murillo.
Public Finance Review, 35(3), pp. 361-84, May 2007.

"Creating A Policy Environment For Entrepreneurs,"
with Howard J. Wall.
Cato Journal, 26(3), pp. 525-52, Fall 2006.

"Political Allocation Of Agriculture Disaster Payments In The 1990s,"
with Thomas L. Marsh and Maria I. Marshall.
International Review of Law and Economics, 26(2), pp. 143-61, June 2006.

"Why Did Income Growth Vary Across States During The Great Depression?"
with David C. Wheelock.
Journal of Economic History, 66(2), pp. 456-66, June 2006.

"A Spatial Analysis Of State Banking Regulation,"
with Gary A. Wagner and David C. Wheelock.
Papers in Regional Science, 84(4), pp. 575-95, November 2005.

"State Lottery Revenue: The Importance Of Game Characteristics,"
with Russel S. Sobel.
Public Finance Review, 32(3), pp. 313-30, May 2004.

"Inefficient Education Spending In Public School District: A Case For Consolidation,"
with Marvin E. Dodson, III.
Contemporary Economic Policy, 22(2), pp. 270-80, April 2004.

"Aggregated Vs. Disaggregated Data In Regression Analysis: Implications For Inference,"
Economics Letters, 81(1), pp. 61-65, October 2003.

"The Political Economy Of FEMA Disaster Payments,"
with Russel S. Sobel.
Economic Inquiry, 41(3), pp. 496-509, July 2003.

"The Political Economy of FEMA Disaster Payments"
with Russell S. Sobel
Charles Rowley and Friedrich Schneider, eds., The Encyclopedia of Public Choice, Kluwer, 2003.

"Betting on the Future: Policy Issues and Implications for the West Virginia Lottery"
with Russell S. Sobel
The West Virginia Public Affairs Reporter, The Institute for Public Affairs, West Virginia University, Spring 1999.

"Earmarking Property Tax Revenues for Educations: Now You See Them Now You Don't"
with Robert Lawson
Perspectives on Current Issues, The Buckeye Institute, April 1998.


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