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:
Adam Allington
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 313-3783
Kevin L. Kliesen
Business Economist and Research Officer
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
"A Guide to Tracking the U.S. Economy"
Federal Reserve Bank of St. Louis Review, First Quarter 2014, 96(1), pp. 35-54.
"U.S. Manufacturing and the Importance of International Trade: It’s Not What You Think"
with John A. Tatom
Federal Reserve Bank of St. Louis Review, January/February 2013, 95(1), pp. 27-50.
"Disentangling Diverse Measures: A Survey of Financial Stress Indexes"
with Michael T. Owyang and E. Katarina Vermann
Federal Reserve Bank of St. Louis Review, September/October 2012, 94(5), pp. 369-398.
"Federal Reserve Lending to Troubled Banks During the Financial Crisis, 2007-2010"
with R. Alton Gilbert, Andrew P. Meyer, and David C. Wheelock
Federal Reserve Bank of St. Louis Review, May/June 2012, 94(3), pp. 221-242.
"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
"Weather Throws a Cold Blanket on the U.S. Economy"
Federal Reserve Bank of St. Louis The Regional Economist, April 2014.
"A Spring-Loaded Economy?"
Federal Reserve Bank of St. Louis The Regional Economist, January 2014, p. 17.
"The Fed’s Strategy for Exiting from Unconventional Policy: Key Principles, Potential Challenges"
Federal Reserve Bank of St. Louis The Regional Economist, October 2013.
"Economic Recovery—Slow and Steady, or Full Steam Ahead?"
Federal Reserve Bank of St. Louis The Regional Economist, October 2013, p. 19.
"Mixed Signals, but Moving Forward"
Federal Reserve Bank of St. Louis The Regional Economist, July 2013, p. 17.
"Uncertainty and the Economy"
Federal Reserve Bank of St. Louis The Regional Economist, April 2013.
"Signs Point to Stronger Growth in GDP This Year"
Federal Reserve Bank of St. Louis The Regional Economist, April 2013, p. 19.
"Fiscal Uncertainty Clouds Outlook for Growth"
Federal Reserve Bank of St. Louis The Regional Economist, January 2013, p. 22.
"Accounting for U.S. Growth: Is There a New Normal?"
Federal Reserve Bank of St. Louis The Regional Economist, October 2012
"Economy Still Growing albeit at a Tepid Pace"
Federal Reserve Bank of St. Louis The Regional Economist, October 2012, p. 22.
"Signs Point to Stronger Real GDP Growth in 2012 than Last Year's 1.6"
Federal Reserve Bank of St. Louis The Regional Economist, July 2012, p. 10.
"The U.S. Economy Should Strengthen As Year Goes By"
Federal Reserve Bank of St. Louis The Regional Economist, April 2012, p. 22.
"The Economy Should Be Able To Avoid a Recession in 2012"
Federal Reserve Bank of St. Louis The Regional Economist, January 2012, p. 22.
Journals
"How Does the FOMC Learn About Economic Revolutions? Evidence from the New Economy Era, 1994-2001"
with Richard G. Anderson
Business Economics, January 2012, 47(1), pp. 27-56.
"Do Oil Shocks Drive Business Cycles? Some U.S. and International Evidence"
with Kristie M. Engemann and Michael T. Owyang
Macroeconomic Dynamics, November 2011, 15(3), pp. 498-517.
"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
"How Well Do Initial Claims Forecast Employment Growth Over the Business Cycle and Over Time?"
with David C. Wheelock
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 7.
"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.
