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Christopher J. Waller

Executive Vice President and Director of Research

Education

Ph.D. Economics
Washington State University
1985

M.A. Economics
Washington State University
1984

B.S. Economics
Bemidji State University
1981

Contact Info

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




Review Articles

"Gauging Market Responses to Monetary Policy Communication"
with Kevin L. Kliesen and Brian Levine
Federal Reserve Bank of St. Louis Review, Second Quarter 2019
https://doi.org/10.20955/r.101.69-91

"Microfoundations of Money: Why They Matter"
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2015
https://doi.org/10.20955/r.2015.289-301

"Price-Level Targeting and Stabilization Policy"
with Aleksander Berentsen
Federal Reserve Bank of St. Louis Review, March/April 2013
https://doi.org/10.20955/r.95.145-163

"Demographics, Redistribution, and Optimal Inflation"
with James Bullard and Carlos Garriga
Federal Reserve Bank of St. Louis Review, November/December 2012
https://doi.org/10.20955/r.94.419-440

"Sovereign Debt: A Modern Greek Tragedy"
with Fernando M. Martin
Federal Reserve Bank of St. Louis Review, September/October 2012
https://doi.org/10.20955/r.94.321-340

"Independence + Accountability: Why the Fed Is a Well-Designed Central Bank"
Federal Reserve Bank of St. Louis Review, September/October 2011
https://doi.org/10.20955/r.93.293-302

"Commentary on "Assessing the Political Viability of Labor Market Reform The Case of Employment Protection""
Federal Reserve Bank of St. Louis Review, May/June 1999
https://doi.org/10.20955/r.81.89-92

"Performance Contracts for Central Bankers"
Federal Reserve Bank of St. Louis Review, September/October 1995
https://doi.org/10.20955/r.77.3-14


Economic Synopses Articles

"Gauging the Evolution of Monetary Policy Communication Before and After the Financial Crisis"
with Kevin L. Kliesen and Brian Levine
Federal Reserve Bank of St. Louis Economic Synopses, 2018, No. 27
https://doi.org/10.20955/es.2018.27

"Who Exactly Benefits from Too Big To Fail?"
Federal Reserve Bank of St. Louis Economic Synopses, 2016, No. 13
https://doi.org/10.20955/es.2016.13


Regional Economist Articles

"Focus on Low Real Interest Rate Might Be Misplaced"
with Jonas Crews and Kevin L. Kliesen
Federal Reserve Bank of St. Louis The Regional Economist, First Quarter 2016, Vol. 24, No. 1

"U.S. Income Inequality May Be High, but It Is Lower Than World Income Inequality"
with Lowell R. Ricketts
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2014, Vol. 22, No. 3

"The Rise and (Eventual) Fall in the Fed's Balance Sheet"
with Lowell R. Ricketts
Federal Reserve Bank of St. Louis The Regional Economist, First Quarter 2014, Vol. 22, No. 1

"State and Local Debt: Growing Liabilities Jeopardize Fiscal Health"
with Lowell R. Ricketts
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2012, Vol. 20, No. 4


On the Economy Blog Posts

Was the Great Moderation Simply on Vacation?
On the Economy, September 26, 2016

How Successful is the Fed at Controlling Interest Rates?
On the Economy, July 11, 2016

Negative Interest Rates: A Tax in Sheep's Clothing
On the Economy, May 2, 2016