In the Timely Topics podcast series, economists and other Federal Reserve Bank of St. Louis experts talk about their research and current topics in the news. (Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.)
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The Teach Economics podcast series features conversations between the Federal Reserve Bank of St. Louis’ Economic Education team and thought leaders, innovators and high-profile economic educators. Topics range from trends in the field to why it’s important to teach economics. The series can be used as a resource for educators, and parents also may find it useful. (Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.)
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The Economic Lowdown podcast series is produced by the Economic Education department of the Federal Reserve Bank of St. Louis for high school and college students. The series covers topics in economics, banking and monetary policy. Episodes use clear, simple language to describe economic concepts. Students will benefit from seeing how economic principles affect the choices they make every day.
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In the Women in Economics podcast series from the Federal Reserve Bank of St. Louis, we highlight the research and careers of those blazing a trail in the field of economics. (Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.)
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October 2024 Beige Book Interview – Little Rock
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The St. Louis Fed’s Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, discuss economic insights from the latest Beige Book release with a focus on the Arkansas region and the Eighth District.
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When Introducing Economics to Students, It Helps to Keep Things Simple
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When introducing economics to students, Harvard University economics professor Greg Mankiw says it helps to keep it simple. “Maybe they will only take one course in economics,” Mankiw says. “So the question is, for that student, what can you leave them with?” With that in mind, Mankiw wrote the hugely influential Principles of Economics more like a…
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How Does Income Affect Where Students Go to College?
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Even if they have good grades and excellent standardized test scores, are low-income students more or less likely to accept an offer letter from a highly selective college? While the question is simple, the answer is complex and at times surprising. “What we see is that they instead end up enrolling in a less-selective college despite being accepte…
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September 2024 Beige Book Interview – Little Rock
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The St. Louis Fed’s Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, economist and research officer, discuss economic insights from the latest Beige Book release with a focus on the Arkansas region and the Eighth District.
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What an Expanded Beveridge Curve Could Tell Us about Soft Landings
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What is a soft landing, and how do we know if one is possible? In this episode, St. Louis Fed Economic Policy Advisor Paulina Restrepo-Echavarría unpacks that question and explains the importance of the Beveridge curve, an economic indicator that represents the relationship between the unemployment rate and the job openings rate. She’ll also discus…
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July 2024 Beige Book Interview - Little Rock
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The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Charles Gascon, senior economist, discuss economic insights about the Arkansas region and the Eighth District from the latest Beige Book release.
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“When you have a lot of women faculty or when you have women who are on the Federal Open Market Committee or presidents of the regional Fed, it does change the conversation,” says Heather Long, editorial writer and columnist at the Washington Post. “It does inspire more people to get involved in the field.” In this podcast, Long discusses her journ…
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Across Generations: Income, Home Ownership and Where People Live
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What patterns emerge when you zoom out and look at more than 80 years of data on income and housing? The answer is both nuanced and surprising. “Many members of these newer generations seem to be starting off their careers in smaller metro areas,” said St. Louis Fed economist Victoria Gregory. “These early in life location patterns are interesting …
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May 2024 Beige Book Interview –Arkansas and the Chicago Fed
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The St. Louis Fed’s Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Thomas Walstrum, senior business economist at the Chicago Fed, discuss their insights about economic conditions in Arkansas and the Fed’s Seventh District.
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How Population Decline Affects Productivity
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How does population decline affect both short- and long-term economic growth? “There is a concern among developed countries that this may have an impact on productivity,” said Juan Sanchez, senior economic policy advisor at the St. Louis Fed. “But there is not a lot of research on that.” In this podcast episode, Sanchez discusses his research about…
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April 2024 Beige Book Interview – Arkansas and Oklahoma
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The St. Louis Fed’s Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Chad Wilkerson, senior vice president and Oklahoma City Branch executive for the Kansas City Fed, discuss their insights on the Arkansas and Oklahoma regional economies.
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How Understanding Brain Science Can Help You Teach Economics
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Would bringing brain science into your classroom help you teach economics? In this episode, Scott Wolla, economic education officer at the Federal Reserve Bank of St. Louis, explores that question. He’s joined by Bill Goffe, an economics teaching professor at Penn State University, and Andrew Butler, an associate professor of psychology and brain s…
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Women in Economics: Marina Azzimonti and Arantxa Jarque
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“We launched the center with the main objective to champion diversity in economics, both in academia and policymaking,” says Marina Azzimonti, senior economic research advisor at the Federal Reserve Bank of Richmond and director of its Center for Advancing Women in Economics. In this episode, learn about the center’s work to support women in econom…
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March 2024 Beige Book Interview – Little Rock
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The St. Louis Fed’s Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the latest Beige Book release.
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January 2024 Beige Book Interview – Little Rock
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The St. Louis Fed's Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the latest Beige Book release.
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The Importance of Teaching Students to “Think Like an Economist” with Professor Justin Wolfers
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In this episode of Teach Economics, Justin Wolfers, professor of public policy and economics at the University of Michigan, talks to Scott Wolla, economic education officer at the Federal Reserve Bank of St. Louis, about how he found economics, why he loves teaching economics, and why it’s important to help students “think like an economist.”…
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Women in Economics: Isabel Schnabel
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“In order to be a good teacher, you need to speak the language of the person who is in front of you,” says Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB). She discusses her work at the ECB, along with her teaching career and the difference it makes when there are two women in the room, as opposed to only one. Sc…
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November 2023 Beige Book Interview – Little Rock
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Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, is joined by Senior Economist Charles Gascon, who helps compile the qualitative summary of economic activity for the Beige Book. They discuss the anecdotal information that is collected and the way it informs how economists think about the economy.…
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October 2023 Beige Book Interview – Little Rock
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St. Louis Fed economist Nathan Jefferson discusses highlights from the national Beige Book summary. An overall summary of the 12 district reports is prepared by a designated Federal Reserve Bank on a rotating basis with the St. Louis Fed responsible for this edition. Also, Matuschka Lindo Briggs, senior vice president and regional executive of the …
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“Economics does provide a very powerful tool for changing public policy,” says Heidi Hartmann, founder of the Institute for Women’s Policy Research, who currently serves as a distinguished economist and resident at the Program on Gender Analysis in Economics at American University.
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August 2023 Beige Book Interview – Little Rock
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In this Timely Topics podcast episode, Matuschka Lindo Briggs, senior vice president and regional executive of the St. Louis Fed's Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the latest Beige Book release.
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Does Past Success Guarantee Future Results? The Yield Curve
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“Although it isn't exactly new, the most alarming recent feature of financial markets may be the inverted yield curve,” says Chris Neely, an economist and vice president at the Federal Reserve Bank of St. Louis, explaining that short rates are higher than long rates currently and have been for some time. Neely discusses his research on the yield cu…
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Sneak-a-nomics: How Creative Lesson Writing Starts with Teamwork
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In this third episode, Mary Suiter, former assistant vice president of economic education at the Federal Reserve Bank of St. Louis, and Mike Raymer, executive director of the Georgia Council for Economic Education, share their journeys and advice on writing lessons that bring economics to life for students in the classroom. They discuss how having …
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July 2023 Beige Book Interview – Little Rock
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In this Timely Topics podcast episode, Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the July Beige Book.
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“Of particular concern is the extent to which wages have kept up with the rising cost of living,” says Victoria Gregory, an economist at the Federal Reserve Bank of St. Louis, in explaining the distinction between real and nominal wage growth. Gregory discusses her research on inflation and real wages in this podcast episode.…
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The Impact of Macroeconomic Uncertainty
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“People’s tendency to learn more information about the economy during crisis and downturns can actually lead to greater uncertainty,” says Yu-Ting Chiang, economist at the Federal Reserve Bank of St. Louis, discussing the effect of macroeconomic uncertainty on information consumption and decision making.…
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May 2023 Beige Book Interview – Little Rock
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In this Timely Topics podcast episode, Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the May Beige Book.
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Women in Economics: Stephanie Aaronson
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“We need to make sure that a broad array of perspectives are heard and especially at an institution like in the Federal Reserve System where we're working on policy questions that have such a broad impact, but also a lot of fiscal policy questions,” says Stephanie Aaronson, senior associate director of the Division of Research and Statistics at the…
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“Wealthy households, by investing mostly in their own businesses … compound their wealth at a much higher rate than the rest of the population,” says Serdar Ozkan, a research officer at the Federal Reserve Bank of St. Louis, explaining how the wealthiest people became rich.
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April 2023 Beige Book Interview – Little Rock
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In this Timely Topics podcast episode, Matuschka Lindo Briggs, senior vice president and regional executive of the Little Rock Branch, and Nathan Jefferson, associate economist, discuss economic insights about the Arkansas region from the April Beige Book.
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The Great Reallocation During the COVID-19 Recession
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“The data shows that most of the individuals during the COVID-19 episode—among those who quit—they quit to take another job,” says Serdar Birinci, an economist at the Federal Reserve Bank of St. Louis. Birinci discusses his research on job transitions in this podcast episode.
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Women in Economics: Daryl Fairweather
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“Being active on social media and sharing all the research that we do is one way that I can increase my impact,” says Daryl Fairweather, chief economist at Redfin. Fairweather discusses her work at the real estate brokerage company and why she thinks more women should consider studying economics.
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The Beveridge Curve and Implications for a Soft Landing
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“I would say that, in the present conditions, a soft landing is possible given that it’s likely that poaching vacancies go down by more than unemployment vacancies,” says Paulina Restrepo-Echavarria, a senior economist at the Federal Reserve Bank of St. Louis. “We’re kind of hopeful.”
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“Inflation is a sustained rise in the general price level,” says Chris Neely, a vice president in the Research Division at the Federal Reserve Bank of St. Louis. He discusses the basics of inflation—how it affects the economy, the causes of inflation and how to control it.
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Sneak-a-nomics: How to Unlock Economics Lessons with a Good Story
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In the second episode of Sneak-a-nomics, Bonnie Meszaros, associate director of the Center of Economic Education and Entrepreneurship at the University of Delaware, discusses what goes into writing engaging economics and personal finance lessons using children’s literature. Also hear from Erin Boettcher, a fifth grade teacher at Newark Charter Scho…
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Sneak-a-nomics: Why Economics Lessons Engage Struggling Students
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In the first episode of Sneak-a-nomics, Erin Boettcher, a fifth grade teacher at Newark Charter School in Newark, Del., and Bonnie Meszaros, associate director of the Center of Economic Education and Entrepreneurship at the University of Delaware, discuss the value of teaching economics and personal finance in the elementary school classroom as wel…
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Women in Economics: Michelle Bowman
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“I think I have community banking in my blood,” said Michelle Bowman, member of the Board of Governors of the Federal Reserve System. Prior to her appointment to the Board, she served as the state bank commissioner of Kansas and vice president of Farmers & Drovers Bank in Kansas.
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Women in Economics: Janice Eberly, Shelly Lundberg and Christina Romer
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“We've all experienced the: ‘I'm the only woman in this room’ … and it's a difficult situation,” said Shelly Lundberg, professor of economics at the University of California - Santa Barbara. Lundberg joins Janice Eberly, professor of finance at Northwestern University, and Christina Romer, professor of economics at the University of California - Be…
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Understanding Liquidity and the Fed Funds Rate
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When the fed funds rate increases, it turns out that interest rates for checking, savings or time deposits don’t increase by as much, notes Julian Kozlowski, a senior economist at the St. Louis Fed. Consumers may then choose to invest in less-liquid, but higher-return assets. This, in turn, can decrease—or “dry-up”—liquidity in financial markets. K…
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“The scale at which you can impact public policy at the Fed is really both inspiring and exciting, and it's a big responsibility, too,” says Anna Paulson, executive vice president, director of research and executive committee member at the Federal Reserve Bank of Chicago. She talks with Andrea Caceres-Santamaria, senior economic education specialis…
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“I like to be enabling, but have all students follow their own passions,” says Claudia Goldin, the Henry Lee Professor of Economics at Harvard University and co-director of the Gender in the Economy Study Group at the National Bureau of Economic Research.
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The Need for More Resilient Supply Chains
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“How can firms and how can governments internalize uncertainty of a future shock and what can they do today to hedge the risks of something happening in the future?” asks Ana Maria Santacreu, research officer at the St. Louis Fed, in her latest discussion about supply chain disruptions.
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“FRED is basically a trusted source of economic data,” says Katrina Stierholz, group vice president who oversees FRED at the Federal Reserve Bank of St. Louis. She is joined by Carlos Garriga, research director; Keith Taylor, FRED data officer; and Yvetta Fortova, FRED product owner; in a discussion about the history of this economic data, how they…
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International Shipping Costs During and After COVID-19
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“We’re experiencing relative scarcity of shipping capacity. So, it’s no surprise that we’ve been facing not just higher prices but also increased delays,” says Fernando Leibovici, senior economist at the Federal Reserve Bank of St. Louis. He examines international shipping cost increases.
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Retirements increased during the COVID-19 pandemic. Who retired and why?
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“During the pandemic, a lot of people had reasons to retire and the way that markets evolved allowed them to retire,” says Miguel Faria-E-Castro, a research economist at the Federal Reserve Bank of St. Louis. He is joined by Lowell Ricketts, a data scientist at the Institute for Economic Equity, to discuss the “Great Retirement,” how COVID-19 is co…
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“We're here to serve the public, and I think it's really important that in doing that we represent the society that we serve, all different dimensions of society,” says Sharon Donnery, the first woman appointed deputy governor of the Central Bank of Ireland.
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How Broken Supply Chains Affect Inflation
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“Over the past few decades, production has become more global … and as a result, the production process today is more fragmented and is more complex than what it was several decades ago,” says Ana Maria Santacreu, senior economist at the St. Louis Fed, who discusses her research on disrupted supply chains.…
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Economic Equity: What Is Your Professional Experience as a Black CEO?
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“The impact that everyday people can have on policy and procedures,” surprised Alice K. Houston when she first became a member of the board of directors at the Federal Reserve Bank of St. Louis. She shares her experiences as a child of the civil rights movement growing up in segregated Louisville, challenges she faced as a minority business owner a…
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Women in Economics: Hannah Rubinton
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“I actually decided to study economics before I even got to undergrad,” says Hannah Rubinton, economist at the Federal Reserve Bank of St. Louis. She talks with Laura Girresch, manager of media relations, about her research on business dynamism and what it was like to have children during her Ph.D. studies at Princeton University.…
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Economic Equity: COVID-19’s Impact on Employment
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“The initial effects of the pandemic on employment were actually uneven across occupations,” says Serdar Birinci, economist at the St. Louis Fed, adding that service industries saw the largest effects.
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