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Michael T. Owyang

Senior Economic Policy Advisor

Education

Ph.D. Economics
University of California, San Diego
2000

M.A. Economics
University of California, San Diego
1996

B.A. Economics
University of California, Berkeley
1992

B.S. Mechanical Engineering
University of California, Berkeley
1992

Contact Info

Phone: (314) 444-8558
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

Michael T. Owyang

Senior Economic Policy Advisor

Economic Data:

FRED-SD: State-Level Databases for Macroeconomic Research and Forecasting

FRED-SD is a large macroeconomic database designed for the empirical analysis of state-level. The datasets of monthly and quarterly observations are updated in real-time through the FRED database.




Selected Publications

"Tax Progressivity, Economic Booms, and Trickle-Up Economics"
with  Laura E. Jackson and  Christopher Otrok
Federal Reserve Bank of St. Louis Working Paper 2019-034D, June 2022

"A Flexible Finite-Horizon Alternative To Long-run Restrictions With An Application To Technology Shocks"
with Riccardo DiCecio,  Neville Francis, and  Jennifer E. Roush
Review of Economics and Statistics, October 2014, Vol. 96, No. 4, pp. 638–647
Working Paper
Online appendix
https://doi.org/10.1162/rest_a_00406

"Are Government Spending Multipliers Greater During Periods of Slack? Evidence from 20th Century Historical Data"
with  Valerie A. Ramey and  Sarah Zubairy
American Economic Review, May 2013, Vol. 103, No. 3, pp. 129-134
Working Paper
https://doi.org/10.1257/aer.103.3.129

"Multivariate Forecast Evaluation and Rationality Testing"
with  Ivana Komunjer
Review of Economics and Statistics, November 2012, Vol. 94, No. 4, pp. 1066-80
Working Paper
Online appendix
https://doi.org/10.1162/rest_a_00215

"The Propagation of Regional Recessions"
with  James D. Hamilton
Review of Economics and Statistics, November 2012, Vol. 94, No. 4, pp. 935-47
Working Paper
https://doi.org/10.1162/rest_a_00197

"Business Cycle Phases in U.S. States"
with  Jeremy M. Piger and  Howard J. Wall
Review of Economics and Statistics, November 2005, Vol. 87, No. 4, pp. 604-16
Working Paper
https://doi.org/10.1162/003465305775098198