Research

Journal Articles

[P.11] Raiders of the Lost High-Frequency Forecasts: New Data and Evidence on the Efficiency of the Fed's Forecasting, with Trace J. Levinson,   

Journal of Applied Econometrics, 38:1 (2023), 88-104.  Replication Data and Code.  FEDS Working Paper 2020-090 VersionPreanalysis PlanReplication Data and Code for Working Paper Version.


[P.10] Is Economics Research Replicable? Sixty Published Papers from Thirteen Journals Say "Often Not", with Phillip Li, 

Critical Finance Review 11:1 (2022), 185-206.  Appendix, FEDS Working Paper 2015-083 Version, CELS Slides, Replication Data and Code


[P.9] Evaluating the Conditionality of Judgmental Forecasts, with Travis J. Berge and Nitish R. Sinha, 

International Journal of Forecasting 35:4 (2019) 1627-1635.  FEDS Working Paper 2019-002 Version, Replication Data and Code


[P.8] Tax Policy Endogeneity: Evidence from R&D Tax Credits

Economics of Innovation and New Technology 27:8 (2018), 809-833. FEDS Working Paper 2014-101 Version, Replication Data and Code


[P.7] A Replication Recipe: List Your Ingredients Before You Start Cooking

Economics: The Open-Access, Open-Assessment E-Journal 12:39 (2018), 1-8.  Economics Discussion Papers, No . 2017-074, Kiel Institute for the World Economy (2017).


[P.6] Measurement Error in Macroeconomic Data and Economics Research: Data Revisions, Gross Domestic Product, and Gross Domestic Income, with Phillip Li

Economic Inquiry 56:3 (2018), 1846-1869. Appendix, FEDS Working Paper 2015-102 Version, Replication Data and Code


[P.5] Comparing Cross-Country Estimates of Lorenz Curves Using a Dirichlet Distribution Across Estimators and Datasets, with Phillip Li and Shawn M. Martin,

Journal of Applied Econometrics 33:3 (2018), 473-478. FEDS Working Paper 2017-062 Version, Replication Data and Code


[P.4] A Preanalysis Plan to Replicate Sixty Economics Research Papers that Worked Half of the Time, with Phillip Li,  

American Economic Review: Papers & Proceedings 107:5 (2017), 60-64. Replication Data and Code


[P.3] Banking Consolidation and Small Firm Financing for Research and Development

Applied Economics 49:1 (2017), 51-65. FEDS Working Paper 2016-029 Version, Replication Data and Code


[P.2] The Accuracy of Forecasts Prepared for the Federal Open Market Committee, with Tyler J. Hanson, 

Journal of Economics and Business 83 (2016), 23-43. FEDS Working Paper 2015-062 Version


[P.1] Inter-Industry Strategic R&D and Supplier-Demander Relationships

Review of Economics and Statistics 95:2 (2013), 491-499. Replication Data and Code


Other Publications

[O.7] Changes in U.S. Family Finances from 2019 to 2022: Evidence from the Survey of Consumer Finances, with Aditya Aladangady, Jesse Bricker, Sarena Goodman, Jacob Krimmel, Kevin B. Moore, Sarah Reber, Alice Henriques Volz, and Richard A. Windle. Washington: Board of Governors of the Federal Reserve System, October 18, 2023. https://doi.org/10.17016/8799.

[O.6] Greater Wealth, Greater Uncertainty: Changes in Racial Inequality in the Survey of Consumer Finances, with Aditya Aladangady and Jacob Krimmel, FEDS Notes. Washington: Board of Governors of the Federal Reserve System, October 18, 2023.

[O.5] Changes in U.S. Family Finances from 2016 to 2019: Evidence from the Survey of Consumer Finances, with Neil Bhutta, Jesse Bricker, Lisa J. Dettling, Sarena Goodman, Joanne W. Hsu, Kevin B. Moore, Sarah Reber, Alice Henriques Volz, and Richard A. Windle. Federal Reserve Bulletin 106:5 (September 2020).

[O.4] Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances, with Neil Bhutta, Lisa J. Dettling, and Joanne W. Hsu, FEDS Notes. Washington: Board of Governors of the Federal Reserve System, September 28, 2020. Urban Institute SlidesReplication Code.

[O.3] The Branch Puzzle: Why Are There Still Bank Branches? with Elliot Anenberg, Serafin Grundl, Kevin B. Moore, and Richard Windle, FEDS Notes. Washington: Board of Governors of the Federal Reserve System, August 20, 2018.

[O.2] Where’s the Money Going? The Importance of Accounting for Rent Payments in Measuring a Household’s Financial Obligations, with Joanne W. Hsu, Sarah J. Pack, and Michael G. Palumbo, FEDS Notes. Washington: Board of Governors of the Federal Reserve System, June 20, 2018.

[O.1] Measuring the Benefits of Public Energy Research, Development and Demonstration Programs, with Linda R. Cohen and Joaquin Artes, Consulting Report for the Public Interest Energy Research Program (2011).


Engineering Work (my pre-economist days)

Enhanced Vision System for Boeing 737 Business Jets (BBJs)

The EVS capability enhances situational awareness for pilots during approach, landing, taxi and takeoff by presenting an image of the external environment on the Head-up Guidance System and head-down displays. The system uses an infrared sensor to improve the pilots' view of the runway in various conditions including bad weather. This helps pilots to avoid terrain and, early in an approach, to clearly identify the runway and any obstructions. It also assists pilots with "black hole" approaches to airports not equipped with precision landing aids and with landing and maneuvering at unfamiliar airports (Boeing press release from October 18, 2010).