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B. Ravikumar

Vice President and Deputy Director of Research

Education

Ph.D. Economics
The University of Iowa
1989

M.S. Economics
Carnegie Mellon University
1985

M.S. Industrial Engineering
National Institute For Training in Industrial Engineering
1983

B.E. Electrical Engineering
Indian Institute of Science, India
1981

B.S. Physics
University of Bombay, India
1978

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 Taylor
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 313-4613





Journal Publications

"Measuring Openness To Trade,"
with Michael E. Waugh.
Journal of Economic Dynamics and Control, 72, pp. 29-41, November 2016.
Working Paper

"Talent, Labor Quality, And Economic Development,"
with German Cubas and Gustavo Ventura.
Review of Economic Dynamics, 21, pp. 160-181, July 2016.
Working Paper

"The Quantitative Importance Of Openness In Development,"
with Wenbiao Cai and Raymond Riezman.
Economic Inquiry, 53 (4), pp. 1839-1849, October 2015.
Working Paper

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

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

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

"Optimal Auditing And Insurance In A Dynamic Model Of Tax Compliance,"
with Yuzhe Zhang.
Theoretical Economics, 7(2), pp. 241-82, May 2012.
Working Paper

"The Return to Capital and the Business Cycle"
with Paul Gomme and Peter Rupert
Review of Economic Dynamics, April 2011, 14(2), pp. 262-278.
DOI: http://dx.doi.org/10.1016/j.red.2010.11.004

"A Generalized Volatility Bound for Dynamic Economies"
with Christopher Otrok and Charles Whiteman
Journal of Monetary Economics, November 2007, 54(8) pp. 2269-2290.

"Public Education and Income Inequality"
with Gerhard Glomm
European Journal of Political Economy, June 2003, 19(2), pp. 289-300.

"Habit Formation: A Resolution of the Equity Premium Puzzle?"
with Christopher Otrok and Charles Whiteman
Journal of Monetary Economics, September 2002, 49(6), pp. 1261-1288.

"Costly Technology Adoption and Capital Accumulation"
with Aubhik Khan
Review of Economic Dynamics, April 2002, 5(2), pp. 489-502.

"Evaluating Asset-Pricing Models using the Hansen-Jagannathan Bound: A Monte Carlo Investigation"
with Christopher Otrok and Charles Whiteman
Journal of Applied Econometrics, March-April 2002, 17(2), pp. 149-174.
DOI: http://onlinelibrary.wiley.com/doi/10.1002/jae.640/epdf.

"Human Capital Accumulation and Endogenous Public Expenditures"
with Gerhard Glomm
Canadian Journal of Economics, August 2001, 34(3), pp. 807-826.

"Growth and Risk-Sharing with Private Information"
with Aubhik Khan
Journal of Monetary Economics, June 2001, 47(3), pp. 499-521.

"Capital Markets and the Evolution of Family Businesses"
with Utpal Bhattacharya
Journal of Business, April 2001, 74(2), pp. 187-219.

"Robust Wald Tests in SUR Systems with Adding-up Restrictions"
with Surajit Ray and Eugene Savin
Econometrica, May 2000, 68(3), pp. 715-19.

"On the Political Economy of Means-Tested Education Vouchers"
with Peter Bearse and Gerhard Glomm
European Economic Review, May 2000, 44(4-6), pp. 904-915.

"Minimum Consumption Requirements: Theoretical and Quantitative Implications for Growth and Distribution"
with Satyajit Chatterjee
Macroeconomic Dynamics, December 1999, 3(4), pp. 482-505.

"Competitive Equilibrium and Public Investment Plans"
with Gerhard Glomm
Journal of Economic Dynamics and Control, August 1999, 23(8), pp. 1207-1224.

"Chaotic Dynamics in a Cash-in-Advance Economy"
with Ronald Michener
Journal of Economic Dynamics and Control, July 1998, 22(7), pp. 117-137.

"Increasing Returns, Human Capital, and the Kuznets Curve"
with Gerhard Glomm
Journal of Development Economics, April 1998, 55(2), pp. 353-367.

"Opting Out of Publicly Provided Services: A Majority Voting Result"
with Gerhard Glomm
Social Choice and Welfare, February 1998, 15(2), pp. 187-199.

"Flat-Rate Taxes, Government Spending on Education, and Growth"
with Gerhard Glomm
Review of Economic Dynamics, January 1998.

"Productive Government Expenditures and Long Run Growth"
with Gerhard Glomm
Journal of Economic Dynamics and Control, January 1997, 21(1), pp. 183-204.

"Endogenous Public Policy and Multiple Equilibria"
with Gerhard Glomm
European Journal of Political Economy, April 1996, 11(4), pp. 653-662.

"Public versus Private Investment in Human Capital: Endogenous Growth and Income Inequality"
with Gerhard Glomm
reprinted in Grossman, Gene M., ed. Economic Growth: Theory and Evidence, Volume 2. Elgar Reference Collection. International Library of Critical Writings in Economics, no. 68. Cheltenham, U.K.: Elgar; distributed by Ashgate, Brookfield, Vt., pages 393-409, 1996.

"Equilibrium Theories of the Kuznets Curve: A Review"
with Gerhard Glomm
monographical volume of Cuadernos Economicos, (3) 1995.

"Public Investment in Infrastructure in a Simple Growth Model"
with Gerhard Glomm
Journal of Economic Dynamics and Control, November 1994, 18(6), pp. 1173-1187.

"Growth-Inequality Tradeoffs in a Model with Public Sector Research-and-Development"
with Gerhard Glomm
Canadian Journal of Economics, May 1994, 27(2), pp. 484-493.

"Productive Government Expenditures and Long Run Growth"
with Gerhard Glomm
reprinted in Cuadernos Economicos, (3) 1994.

"Strategic Complementarity in Business Formation: Aggregate Fluctuations and Sunspot Equilibria"
with Satyajit Chatterjee and Russell Cooper
Review of Economic Studies, October 1993, 60(4), pp. 795-811.

"Public versus Private Investment in Human Capital: Endogenous Growth and Income Inequality"
with Gerhard Glomm
Journal of Political Economy, August 1992, 100(4), pp. 818-834.

"A Neoclassical Model of Seasonal Fluctuations"
with Satyajit Chatterjee
Journal of Monetary Economics, February 1992, 29(1), pp. 59-86.
DOI: http://dx.doi.org/10.1016/0304-3932(92)90023-U.

 




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