B. Ravikumar



Ph.D. Economics
The University of Iowa

MS Economics
Carnegie Mellon University

MS Industrial Engineering
National Institute For Training in Industrial Engineering

BE Electrical Engineering
Indian Institute of Science, India

BS Physics
University of Bombay, India

Contact Info

Phone: (314) 444-7312
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:
Laura Girresch
Office: (314) 444-6166
Cell: (314) 348-3639

B. Ravikumar

Vice President and Deputy Director of Research

Co-Editor, Journal of Economic Dynamics and Control
Associate Editor, European Economic Review

Selected Articles

"The Quantitative Importance of Openness in Development"
with Wenbiao Cai and Raymond Riezman
FORTHCOMING: Economic Inquiry.

"Unemployment Insurance Fraud and Optimal Monitoring"
with David L. Fuller and Yuzhe Zhang
American Economic Journal: Macroeconomics, April 2015, 7(2), pp. 249-90.

"Price Equalization, Trade Flows, and Barriers to Trade"
with Piyusha Mutreja, Raymond Riezman, and Michael J. Sposi
European Economic Review, August 2014, 70, pp. 383-398.

"Why Do Education Vouchers Fail at the Ballot Box?"
with Peter Bearse, Buly A. Cardak, and Gerhard Glomm
European Journal of Political Economy, December 2013, 32, pp. 26-37.

"Optimal Auditing and Insurance in a Dynamic Model of Tax Compliance"
with Yuzhe Zhang
Theoretical Economics, May 2012, 7(2), pp. 241-82.

"Who Is Concealing Earnings and Still Collecting Unemployment Benefits?"
with David L. Fuller and Yuzhe Zhang
Federal Reserve Bank of St. Louis The Regional Economist, April 2013.

"The Return to Capital and the Business Cycle"
with Paul Gomme and Peter Rupert
Review of Economic Dynamics, April 2011.

"The Political Economy of Education Funding"
with Gerhard Glomm and Ioana Schiopu
in Eric Hanushek, Stephen Machin and Ludger Woessmann, eds., Handbook of the Economics of Education, North Holland, vol. 4, 2011.

"From Cronies to Professionals: The Evolution of Family Firms"
with Utpal Bhattacharya
in E. Klein, eds., Capital Formation, Governance and Banking, New York: Nova Science Publishers, 2005.

"Costly Technology Adoption and Capital Accumulation"
with Aubhik Khan
Review of Economic Dynamics, April 2002.

"Robust Wald Tests in SUR Systems with Adding-up Restrictions"
with Surajit Ray and Eugene Savin
Econometrica, May 2000.

"Opting Out of Publicly Provided Services: A Majority Voting Result"
with Gerhard Glomm
Social Choice and Welfare, March 1998.

"Strategic Complementarity in Business Formation: Aggregate Fluctuations and Sunspot Equilibria"
with Satyajit Chatterjee and Russell Cooper
Review of Economic Studies, October 1993.

"Public versus Private Investment in Human Capital: Endogenous Growth and Income Inequality"
with Gerhard Glomm
Journal of Political Economy, August 1992.

"A Neoclassical Model of Seasonal Fluctuations"
with Satyajit Chatterjee
Journal of Monetary Economics, February 1992.

View More

Working Papers

"Talent, Labor Quality, and Economic Development"
with German Cubas and Gustavo Ventura
Working Paper 2013-027C, posted September 2013, updated February 2015.

"Capital Goods Trade and Economic Development"
with Piyusha Mutreja and Michael J. Sposi
Working Paper 2014-012A, posted May 2014.

"Price Equalization Does Not Imply Free Trade"
with Piyusha Mutreja, Raymond Riezman, and Michael J. Sposi
Working Paper 2012-010B, posted April 2012, updated June 2012.


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