New in Jan-Feb-March 2015:
Marianna Kudlyak and Fabian Lange, October 2014, Richmond FED WP No. 14-18
Presentations: U Montreal (April 2015), SED (June 2015, forthcoming), SOLE (June 2015, forthcoming), Stockman Conference at Rochester (October, 2014), System Applied Micro Meeting, FRB Minneapolis (May, 2014)
Olivier Coibion, Yuriy Gorodnichenko, Marianna Kudlyak, and John Mondragon, January 2014, NBER WP No. 19850.
Presentations: BYU Red Rock Conference, Utah (September, 2014)*, EEA-ESEM, Toulouse, France (August, 2014), International Banking, Economics and Finance Association, Western Economic Association*, Denver CO (2014), NBER SI EFG Group (2014), NBER SI Monetary Economics Group (2014), SED (June 2014), NY FED (May 2014), University of Cologne*, VCU (April 2014), Tinbergen Institute*, London Business School*, CREI*, Boston College*, Texas A&M University*, University of Houston/Rice*, FRB St. Louis (2013), 4th Ifo Conference on “Macroeconomics and Survey Data”, Munich, Germany (2013)*
Peter Debbaut, Andra C. Ghent and Marianna Kudlyak, November 2013, Richmond FED WP No. 13-09R
Presentations: ASSA, Boston (2015), SED (June 2014)*, New Perspectives on Consumer Behavior in Credit and Payment Markets (October, 2013)*, ASU*
Media coverage: WSJ, The Guardian, NBC News, Bankrate, Bloomberg, Forbes, Fox Business, UniBul Credit Card Blog, Global Association of Risk Professionals, The State, Chicago Tribune, Yahoo! News, Sun Herald, Morningstar, College Times, KGW-TV, Portland, OR, NBC Washington
Jason Faberman and Marianna Kudlyak, Richmond FED WP No. 14-12
Presentations: SOLE (June 2015, forthcoming), SED (June 2014)*, 2013 Comparative Analysis of Enterprise Data Conference (2013)*, CIREQ Labor Workshop in Montreal: Micro and Macro Perspectives on Unemployment, University of Notre Dame (2013)*, NBER SI, Shimer-Rogerson-Wright Group (2013)*, Kansas City FED*, System Applied Microeconomics Conference (2013)*, 3rd Ifo Conference on Macroeconomics and Survey Data (2012)*
Marianna Kudlyak, Damba Lkhagvasuren and Roman Sysuyev, April 2012, Richmond FED WP No. 12-03R
This paper was initially posted under the title "Sorting by Skill Over the Course of Job Search."
2. Accounting for Unemployment in the Great Recession: Nonparticipation Matters
Marianna Kudlyak and Felipe Schwartzman, April 2012, Richmond FED WP No. 12-04
Marianna Kudlyak, September 2010, Richmond FED WP No. 10-13
(For Supplementary Appendix click here.)
Presentations: Society of Labor Economists Annual Meetings (2009), EEA Annual Meeting (2009).
Refereed Academic Publications
3. The Cyclicality of the User Cost of Labor
Presentations: Boston College (March 2014), ASSA, Denver CO (2011), Econometric Society European Meeting, Barcelona (2009), Annual Conference of the Canadian Economic Association, Toronto (May 2009), System Macroeconomics Committee Meeting, FRB San Francisco (May 2009), New York/Philadelphia Workshop on Quantitative Macroeconomics, FRB Philadelphia (April 2009), FRB Kansas City (2008), FRB Cleveland (2008), UC Santa Cruz (2008), University of Montreal (2008), Wilfrid Laurier University (2008), Kyiv School of Economics (2008).
2. Productivity Insurance: The Role of Unemployment Benefits in a Multi-Sector Model
Media coverage: NED-DGE Blog
1. Recourse and Residential Mortgage Default: Evidence from U.S. States
Publications in Federal Reserve Journals
FRB Richmond Economic Quarterly:
6. Flows To and From "Working Part-Time for Economic Reasons" and the Labor Market Aggregates in the Aftermath of the 2007-09 Recession, (tentative title)
Maria E. Canon, Marianna Kudlyak, Guannan Luo, Marisa Reed, Economic Quarterly, FRB Richmond, forthcoming.
Economic Quarterly, FRB Richmond, 1Q 2015.
4. A Cohort Model of Labor Force Participation,
Marianna Kudlyak, Economic Quarterly, FRB Richmond, 1Q 2013.
Media coverage: White House CEA Report
3. Housing Services Price Inflation
2. Accounting for the Non-Employment of U.S. Men, 1968-2010
1. Are Wages Rigid Over the Business Cycle?
Marianna Kudlyak, Thomas Lubik, Karl Rhodes. Economic Brief, FRB Richmond, February 2015.
Maria Canon, Marianna Kudlyak, and Yang Liu. The Regional Economist, FRB St.Louis, January 2015.
Maria Canon, Marianna Kudlyak, and Marisa Reed, The Regional Economist, FRB St. Louis, July 2014.
Media coverage: WSJ Blogs
Andreas Hornstein, Marianna Kudlyak, and Fabian Lange, Economic Brief, FRB Richmond, June 2014.
Working paper: A New Measure of Resource Utilization in the Labor Market
Maria Canon, Marianna Kudlyak, and Marisa Reed, The Regional Economist, FRB St. Louis, January 2014.
Media coverage: St Louis Post-Dispatch
7. How Risky Are Young Borrowers,
Media coverage: Macromania
5. Job Search Behavior: Lessons from Online Job Search,
3. The Responses of Small and Large Firms to Tight Credit Shocks: the Case of 2008 through the Lens of Gertler and Gilchrist (1994)
1. Deterring Default: Why Some State Laws Decrease the Probability of Mortgage Foreclosures
Work in Progress
Estimating the Trend in the Labor Force Participation Rate
Andreas Hornstein and Marianna Kudlyak
Presentations: FRB St. Louis (2013), A. Stockman Conference, University of Rochester (2013)
Draft coming soon.
Estimating Matching Efficiency and Variable Search Effort
Andreas Hornstein and Marianna Kudlyak
Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms
Marianna Kudlyak and Juan M. Sanchez
Draft coming soon
“How Sticky Wages in Existing Jobs Can Affect Hiring" by Mark Bils, Yongsung Chang and Sun-Bin Kim,
Recent Developments in the U.S. Labor Market: Analysis and Policy Responses, FRB Atlanta Center for Human Capital Studies, October 2013.
“Rebuilding Household Credit Histories: Slow Jobless Recovery from Mortgage Crises” by Guannan Luo,
2013 Financial Management Association Annual Meeting, Chicago, October 2013.
“The Trend Is the Cycle: Job Polarization and Jobless Recoveries” by Nir Jaimovich and Henry Siu,
Employment Consequences of the Great Recession, FRB Atlanta Center for Human Capital Studies, September 2012.
“Measuring Mismatch in the U.S. Labor Market,” by Ayşegül Şahin, Joseph Song, Giorgio Topa, and Giovanni Violante,
Employment and Education Conference, FRB Atlanta Center for Human Capital Studies, September 2011.
“What Drives Movements in the Unemployment Rate?” by Regis Barnichon and Andrew Figura,
New York/Philadelphia Workshop on Quantitative Macroeconomics, NYC, April 2010.
“Firm Entry and Labor Market Dynamics,” by Pedro Silos and Enchuan Shao,
Annual Conference of the Canadian Economic Association, Toronto, May 2009.
American Economic Review,
Quarterly Journal of Economics, Journal of Monetary Economics, International
Economic Review, American Economic Journal: Macro, Labour Economics, European Economic Review, Economic Letters, Journal of
Legal Studies, Journal of Labor Research, Journal of Macroeconomics, Journal of Comparative Economics
Other Professional Service
Conference session organizer/chair:
“Unemployment Across Regions and Sectors” ASSA
Meetings, Philadelphia, January 2014.
“New Evidence from Online Job Search” ASSA Meetings, San Diego, January 2013 (organizer).
“Labor Market, Labor Decisions, and Production Cycles” ASSA Meetings, Denver, January 2011 (co-organizer).
Federal Reserve System Applied Microeconomics Conference, Richmond, May 16-17 2012.