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Michael T. Owyang

Vitae

• Standard - PDF ( 24K )

Areas of Interest

• Time Series Econometrics
• Bayesian Econometrics
• Markov Switching

Events

Applied Econometrics and Forecasting in Macroeconomics and Finance Workshops
April 3, 2009
October 31, 2008
March 20-21, 2008
August 16-17, 2007

Publications in Refereed Journals

"Whatever Happened to the Business Cycle? A Bayesian Analysis of Jobless Recoveries"
with Kristie M. Engemann
FORTHCOMING: Macroeconomic Dynamics
Abstract | Full Text (PDF 293K)

"Regional VARs and the Channels of Monetary Policy"
with Howard J. Wall
FORTHCOMING: Applied Economics Letters
Abstract | Full Text (PDF 407K)

"States and the Business Cycle"
with David E. Rapach and Howard J. Wall
Journal of Urban Economics, March 2009, 65(2), pp. 181-94.

"Measuring the Information Content of the Beige Book: A Mixed Data Sampling Approach"
with Michelle T. Armesto, Rubén Hernández-Murillo, and Jeremy M. Piger
Journal of Money, Credit, and Banking, February 2009, 41(1), pp. 35-55.

"The Economic Performance of Cities: A Markov-Switching Approach"
with Jeremy M. Piger, Howard J. Wall, and Christopher H. Wheeler
Journal of Urban Economics, November 2008, 64(3), pp. 538-50.

More Publications in Refereed Journals

Working Papers

"The Propagation of Regional Recessions" - April 2009
with James D. Hamilton
Federal Reserve Bank of St. Louis Working Paper 2009-013A
Abstract | Full Text (PDF 596K)

"Is Housing the Business Cycle? Evidence from U.S. Cities" - March 2009
with Andra C. Ghent
Federal Reserve Bank of St. Louis Working Paper 2009-007A
Abstract | Full Text (PDF 2.4M)

"Who Benefits from Increased Government Spending? A State-Level Analysis" - March 2009
with Sarah Zubairy
Federal Reserve Bank of St. Louis Working Paper 2009-006A
Abstract | Full Text (PDF 587K)

More Working Papers

Current Research Projects

"The Local Effects of Monetary Policy"
with Neville Francis and Tatevik Sekhposyan, University of North Carolina

Federal Reserve Bank of St. Louis Review

"A Primer on the Empirical Identification of Government Spending Shocks"
with Kristie M. Engemann and Sarah Zubairy
Federal Reserve Bank of St. Louis Review, March/April 2008, 90(2), pp. 117-32.

"Changing Trends in the Labor Force: A Survey"
with Riccardo DiCecio, Kristie M. Engemann, and Christopher H. Wheeler
Federal Reserve Bank of St. Louis Review, January/February 2008, 90(1), pp. 47-62.

More Federal Reserve Bank of St. Louis Review

Other Federal Reserve Bank of St. Louis Publications

"A Winning Combination? Economic Theory Meets Sports"
with Kristie M. Engemann
Federal Reserve Bank of St. Louis The Regional Economist, January 2009, pp. 10-13.

"Regional Aggregation in Forecasting: An Application to the Federal Reserve's Eighth District"
with Kristie M. Engemann and Rubén Hernández-Murillo
Federal Reserve Bank of St. Louis Regional Economic Development, October 2008, 4(1), pp. 15-29.

"Extra Credit: The Rise of Short-term Liabilities"
with Kristie M. Engemann
Federal Reserve Bank of St. Louis The Regional Economist, April 2008, pp. 12-13.

More Federal Reserve Bank of St. Louis Publications

Recent Commentary

"What Are the Chances?"
with Kristie M. Engemann
Federal Reserve Bank of St. Louis National Economic Trends, November 2007.

Past Commentary

Education

Degree	Institution	Major	Date
Ph.D.	University of California San Diego	Economics	2000
M.A.	University of California San Diego	Economics	1996
B.A.	University of California Berkeley	Economics	1992
B.S.	University of California Berkeley	Mechanical Engineering	1992