Skip to main content Skip to main content

Don Schlagenhauf

Economist

Education

Ph.D. Economics
University of Illinois, Urbana
1977

M.A. Economics
University of Illinois, Urbana
1974

B.S. Business Administration
Marquette University
1970

Contact Info

Phone: (314) 444-6147
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:
Karen Mracek
mediainquiries@stls.frb.org
Phone: (314) 444-3911




Journal Publications

"Corporate Income Tax, Legal Form of Organization, and Employment"
with Daphne Chen and Shi Qi
American Economic Journal-Macroeconomics, October 2018, Vol. 10, No. 4, pp. 270-304
Working Paper

"The Tax Treatment of Homeowners and Landlords and the Progressivity of Income Taxation"
with Matthew S. Chambers and Carlos Garriga
ICFAI Journal of Monetary Economics, November 2009, Vol. 56, No. 8, pp. 1116-34
Working Paper
https://doi.org/10.1016/j.jmoneco.2009.10.007

"Accounting for Changes in the Homeownership Rate"
with Matthew S. Chambers and Carlos Garriga
International Economic Review, August 2009, Vol. 50, No. 3, pp. 677-726
Working Paper
https://doi.org/10.1111/j.1468-2354.2009.00544.x

"The loan structure and housing tenure decisions in an equilibrium model of mortgage choice"
with Matthew S. Chambers and Carlos Garriga
Review of Economic Dynamics, July 2009, Vol. 12, No. 3, pp. 444-468
Working Paper
https://doi.org/10.1016/j.red.2009.01.003

"Equilibrium Mortgage Choice and Housing Tenure Decisions With Refinancing"
with Matthew S. Chambers and Carlos Garriga
Review of Economic Dynamics, July 2009, Vol. 12, No. 3, pp. 444-468
Working Paper
https://doi.org/10.1016/j.red.2009.01.003

"The Loan Structure And Housing Tenure Decisions In An Equilibrium Model Of Mortgage Choice"
with Matthew S. Chambers and Carlos Garriga
Review of Economic Dynamics, July 2009, Vol. 12, No. 3, pp. 444-468
Working Paper
https://doi.org/10.1016/j.red.2009.01.003

"The role of international factors in the business cycle: multi country study"
with Stefan Norrbin
Journal of International Economics, February 1996, Vol. 40, pp. 85-104

"Comment on Liquidity Effects and Transaction Technologies"
Journal of Money, Credit, and Banking, November 1995, Vol. 27 (Pt. 2), No. 4, pp. 1461-1471

"Exchange Rate Dynamics and International Effect of Monetary Shocks in Monetary, Equilibrium Models"
with Jeff Wrase
Journal of International Money and Finance, April 1995, Vol. 14, No. 2, pp. 155-179
https://doi.org/10.1016/0261-5606(94)00009-P

"Liquidity and Real Activity in a Simple Open Economy Model"
with Jeff Wrase
Journal of Monetary Economics, June 1995, Vol. 35, No. 3, pp. 431-461
https://doi.org/10.1016/0304-3932(95)01195-T

"The Importance of Sectoral and Aggregate Shocks in Business Cycles"
with Stefan Norrbin
Economic Inquiry, April 1991, Vol. XXIX, No. 2, pp. 317-335
https://doi.org/10.1111/j.1465-7295.1991.tb01274.x

"Intertemporal Asset-Pricing Relationships in Barter and Monetary Economies: An Empirical Analysis"
with M.J. Finn and Dennis Hoffman
Journal of Monetary Economics, June 1990, Vol. 25, No. 3, pp. 431-451
https://doi.org/10.1016/0304-3932(90)90062-9

"Sources of Macroeconomic Fluctuations in the Inter-War and Post-War Years"
with Stefan Norrbin
Journal of Economic Dynamics & Control, 1990, Vol. 14, No. 3-4, pp. 523-551

"Sovereign Risk in International Lending: Some Theory and Evidence from the Secondary Bond Market"
with M. Melvin
Journal of International Money and Finance, Fall 1989, pp. 37-55

"U.S. Budget Deficit and the Foreign Exchange Value of the Dollar"
with M. Melvin and A. Talu
Review of the Economics and Statistics, August 1989, Vol. 71, No. 3, pp. 500-505
https://doi.org/10.2307/1926907

"An Inquiry Into the Sources of Macroeconomic Fluctuations"
with Stefan Norrbin
Journal of Monetary Economics, July 1988, Vol. 22, No. 1, pp. 43-70
https://doi.org/10.1016/0304-3932(88)90169-9

"Risk in International Lending: A Dynamic Factor Analysis Applied to France and Mexico"
with M. Melvin
Journal of International Money and Finance, March 1986, Vol. 5, Supplement 1, pp. S31-S48
https://doi.org/10.1016/0261-5606(86)90017-3

"A Country Risk Index: Econometric Formulation and an Application to Mexico"
with M. Melvin
Economic Inquiry, October 1985, Vol. 23, No. 4, pp. 601-621

"The Impact News and Alternative Theories of Exchange Rate Determination"
with Dennis Hoffman
Journal of Money, Credit, and Banking, August 1985, Vol. 17, No. 3, pp. 328-346
https://doi.org/10.2307/1992628

"Real Interest Rates, Anticipated Inflation and Unanticipated Money: A Cross Country Study"
with Dennis Hoffman
Review of Economics and Statistics, May 1985, Vol. 67, No. 2, pp. 284-296
https://doi.org/10.2307/1924728

"Test of Rationality, Neutrality and Market Efficiency: A Monte Carlo Analysis of Alternative Test Statistics"
with Dennis Hoffman and S. Low
Journal of Monetary Economics, November 1984, Vol. 14, No. 3, pp. 339-363
https://doi.org/10.1016/0304-3932(84)90047-3

"Intervention Analysis of the Economic Response to Crime Control Legislation"
with R. Mann and L. McPheters
Economic Inquiry, ., Vol. 22, No. 4, pp. 550-570

"Estimation of the Trend Rate of Growth of Productivity"
with A. Blakemore
Applied Economics, 1983, Vol. 15, No. 6, pp. 807-814
https://doi.org/10.1080/00036848300000067

"The Benefits of Long-Term Developmental Planning: An Estimate"
with Josef C. Brada and A. King
World Development, November 1983, Vol. 11, No. 11, pp. 971-981
https://doi.org/10.1016/0305-750X(83)90058-X

"Rational Expectations and Monetary Models of Exchange Rate Determination: An Empirical Examination"
with Dennis Hoffman
Journal of Monetary Economics, March 1983, Vol. 11, No. 2, pp. 247-260
https://doi.org/10.1016/0304-3932(83)90032-6

"Rational Expectations, Specification Tests and Macroeconomic Models"
with Dennis Hoffman
Journal of Econometrics, April 1983, Vol. 21, No. 3, pp. 367-386
https://doi.org/10.1016/0304-4076(83)90051-9

"A Test for Structural Instability in the Secular Growth Rate of Productivity"
with A. Blakemore
Economic Letters, 1983, Vol. 13, No. 2-3, pp. 153-159
https://doi.org/10.1016/0165-1765(83)90078-2

"Czechoslovak Planners as Resource Allocators and Macro-economic Stabilizers"
with Josef C. Brada and A. King
ACES Bulletin, Spring 1982, Vol. 24, No. 1, pp. 49-76

"An Econometric Investigation of the Monetary Neutrality and Rationality Propositions: An International Perspective"
with Dennis Hoffman
Review of Economics and Statistics, November 1982, Vol. 64, No. 4, pp. 562-571
https://doi.org/10.2307/1923940

"The Optimal Structure and Length of an Incomes Policy"
with W.J. Boyes
Quarterly Review of Economics and Business, Winter 1981, Vol. 31, No. 4, pp. 45-63

"Price Controls in an Open Flexprice-Fixprice Economy"
with W.J. Boyes
Journal of Macroeconomics, Summer 1981, Vol. 3, No. 3, pp. 391-408
https://doi.org/10.1016/0164-0704(81)90048-3

"FNMA Auction Results as a Forecasting Device"
with H. Kaufman
Journal of Money, Credit, and Banking, August 1981, Vol. 13, No. 3, pp. 352-364
https://doi.org/10.2307/1991904

"The Optimality of Socialist Development Strategies: An Empirical Inquiry"
Journal of Economic Dynamics & Control, February 1981, Vol. 3, No. 1, pp. 1-27
https://doi.org/10.1016/0165-1889(81)90001-4

"Managerial Incentives and the Specification of Functional Forms"
with W.J. Boyes
Southern Economic Journal, April 1979, Vol. 45, No. 4, pp. 1225-1232
https://doi.org/10.2307/1056967

"Inflation and Price Controls in a Flexprice-Fixprice Model"
with F.R. Shupp
Annals of Economic and Social Measurement, December 1977, Vol. 6, No. 5, pp. 501-519