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Rubén Hernández-Murillo Senior Economist

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Published Papers

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

"Spatial Dependence in Models of State Fiscal Policy Convergence"
with Cletus C. Coughlin and Thomas A. Garrett
Public Finance Review, May 2007, 35(3), pp. 361-84.

"The Information Content of Regional Employment Data for Forecasting Aggregate Conditions"
with Michael T. Owyang
Economics Letters, March 2006, 90(3), pp. 335-9.

"Patent Licensing Revisited: Heterogeneous Firms and Product Differentiation"
with Gerard Llobet
International Journal of Industrial Organization, January 2006, 24(1), pp. 149-75.

"Racial Profiling or Racist Policing? Bounds Tests in Aggregate Data"
with John Knowles
International Economic Review, August 2004, 45(3), pp. 959-89.

"Tax Competition and Tax Harmonization with Evasion"
with Néstor Gándelman
Topics in Economic Analysis and Policy, 2004, 4(1), Article 13.

Review Articles

"The Impact of Inflation and Unemployment on Subjective Personal and Country Evaluations"
with Néstor Gandelman
Federal Reserve Bank of St. Louis Review, May/June 2009, 91(3), pp. 107-26.

"Drug Prices Under the Medicare Drug Discount Card Program"
with Emin M. Dinlersoz, Han Li, and Roger Sherman
Federal Reserve Bank of St. Louis Review, November/December 2008, 90(6), pp. 643-66.

"Experiments in Financial Liberalization: The Mexican Banking Sector"
Federal Reserve Bank of St. Louis Review, September/October 2007, 89(5), pp. 415-32.

"The Geography, Economics, and Politics of Lottery Adoption"
with Cletus C. Coughlin and Thomas A. Garrett
Federal Reserve Bank of St. Louis Review, May/June 2006, 88(3), pp. 165-80.

More Review Articles

Regional Economic Development Articles

"Regional Aggregation in Forecasting: An Application to the Federal Reserve's Eighth District"
with Kristie M. Engemann and Michael T. Owyang
Federal Reserve Bank of St. Louis Regional Economic Development, October 2008, 4(1), pp. 15-29.

The Regional Economist Articles

"Corporate Social Responsibility Can Be Profitable"
with Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, April 2009, pp. 4-5.

"Employment Growth Mixed Across Eighth District"
with Craig P. Aubuchon, Subhayu Bandyopadhyay, and Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, January 2009, pp. 20-21.

"Reader Exchange: What is the Beige Book, and how is it useful?"
Federal Reserve Bank of St. Louis The Regional Economist, October 2008, p. 23.

"Eighth District Population Growth Follows National Pattern"
with Craig P. Aubuchon, Subhayu Bandyopadhyay, and Christopher J. Martinek
Federal Reserve Bank of St. Louis The Regional Economist, July 2008, pp. 18-19.

More The Regional Economist Articles

Working Papers

2006-058D "Strategic Online-Banking Adoption" - October 2006, Revised March 2009
with Roberto Fuentes and Gerard Llobet
Abstract | Full Text (PDF)

2003-042B "Spatial Probit and the Geographic Patterns of State Lotteries" - December 2003, Revised July 2004
with Cletus C. Coughlin and Thomas A. Garrett
Abstract | Full Text (PDF)

2003-039C "Nonlinear Hedonics and the Search for School District Quality" - November 2003, Revised March 2004
with Abbigail J. Chiodo and Michael T. Owyang
Abstract | Full Text (PDF)

Commentary

"Local Income Inequality"
Federal Reserve Bank of St. Louis National Economic Trends, December 2008.

"Strategic Social Responsibility"
Federal Reserve Bank of St. Louis National Economic Trends, September 2008.

"U.S. Exporters: A Rare Breed"
Federal Reserve Bank of St. Louis National Economic Trends, August 2007.

More Commentary

Education

Degree	Institution	Major	Date
Ph.D.	University of Rochester	Economics	2001
M.A.	University of Rochester	Economics	1998
B.A.	ITAM, Mexico	Economics	1995