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Research Interests
macroeconomics, international trade, economic developmentSelected Work
“Technology Adoption, Mortality, and Population Dynamics”
with John Hejkal and Guillaume Vandenbroucke
Forthcoming in The Economic Journal
Related working paper (PDF)
“Trade Liberalization versus Protectionism: Dynamic Welfare Asymmetries”
with Ana Maria Santacreu and Michael J. Sposi
European Economic Review, 2024, Vol. 163, pp. 104692
Related working paper (PDF)
“Capital Accumulation and Dynamic Gains from Trade”
with Ana Maria Santacreu and Michael J. Sposi
Journal of International Economics, July 2019, Vol. 119, pp. 93-110
Related working paper (PDF)
“Capital Goods Trade, Relative Prices, and Economic Development”
with Piyusha Mutreja and Michael J. Sposi
Review of Economic Dynamics, January 2018, Vol. 27, pp. 101-122
Related working paper (PDF)
“Measuring Openness to Trade”
with Michael E. Waugh
Journal of Economic Dynamics & Control, November 2016, Vol. 72, pp. 29-41
Related working paper (PDF)
“Talent, Labor Quality, and Economic Development”
with German Cubas and Gustavo Ventura
Review of Economic Dynamics, July 2016, Vol. 21, pp. 160-181
Related working paper (PDF)
“Unemployment Insurance Fraud and Optimal Monitoring”
with David L. Fuller and Yuzhe Zhang
American Economic Journal-Macroeconomics, April 2015, Vol. 7, No. 2, pp. 249-290
Related working paper (PDF)
“The Return to Capital and the Business Cycle”
with Paul Gomme and Peter Rupert
Review of Economic Dynamics, April 2011, Vol. 14, No. 2, pp. 262-78
“The Role of Infant Mortality in Closing the Life Expectancy Gap”
with Amy Smaldone
Federal Reserve Bank of St. Louis Economic Synopses, 2024, No. 3
“How the Death Rate Affects the Aging of the U.S. Population”
with Iris Arbogast
Federal Reserve Bank of St. Louis Economic Synopses, 2023, No. 8
“TFP, Capital Deepening, and Gains from Trade”
with Ana Maria Santacreu and Michael J. Sposi
Federal Reserve Bank of St. Louis Review, Third Quarter 2023
“Who’s Driving a Recent Decline in Life Expectancy?”
with Iris Arbogast
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2023
“Long-Term Trends in Gasoline Prices”
with Iris Arbogast
Federal Reserve Bank of St. Louis Economic Synopses, 2022, No. 14
“Geographic Dispersion in U.S. Employment”
with Iris Arbogast and Jesse LaBelle
Federal Reserve Bank of St. Louis Economic Synopses, 2022, No. 9
“World Population: What Helps Explain the Explosion?”
with Iris Arbogast
Federal Reserve Bank of St. Louis The Regional Economist, Third Quarter 2022
“Stability and Equilibrium Selection in Learning Models: A Note of Caution”
with YiLi Chien and In-Koo Cho
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2021
“Convergence to Rational Expectations in Learning Models: A Note of Caution”
with YiLi Chien and In-Koo Cho
Federal Reserve Bank of St. Louis Review, Third Quarter 2021
“Asset Pricing Through the Lens of the Hansen-Jagannathan Bound”
with Christopher Otrok
Federal Reserve Bank of St. Louis Review, Third Quarter 2020
“Return to Capital in a Real Business Cycle Model”
with Paul Gomme and Peter Rupert
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2017
“Why Are Life-Cycle Earnings Profiles Getting Flatter?”
with Guillaume Vandenbroucke
Federal Reserve Bank of St. Louis Review, Third Quarter 2017
“Price Equalization Does Not Imply Free Trade”
with Piyusha Mutreja, Raymond Riezman, and Michael J. Sposi
Federal Reserve Bank of St. Louis Review, Fourth Quarter 2015, pp. 323-39
"Trade and Inequality in an Overlapping Generations Model with Capital Accumulation" (PDF)
with Jun Nie and Michael J. Sposi
Federal Reserve Bank of St. Louis Working Paper 2024-018A, July 2024
"On the Transition to Modern Growth: Lessons from Recent Agricultural Employment" (PDF)
with Guillaume Vandenbroucke
Federal Reserve Bank of St. Louis Working Paper 2023-026C, May 2024
"Private Information and Optimal Infant Industry Protection" (PDF)
with Raymond Riezman and Yuzhe Zhang
Federal Reserve Bank of St. Louis Working Paper 2022-013C, April 2024
"Technology Adoption, Mortality, and Population Dynamics" (PDF)
with John Hejkal and Guillaume Vandenbroucke
Federal Reserve Bank of St. Louis Working Paper 2020-039J, August 2024
"Enduring Relationships in an Economy with Capital and Private Information" (PDF)
with Aubhik Khan and Latchezar Popov
Federal Reserve Bank of St. Louis Working Paper 2020-034C, September 2020
B. Ravikumar is a senior vice president and deputy director of research at the Federal Reserve Bank of St. Louis, which he joined in May 2011. His current research focuses on macroeconomics, international trade, and economic development. He received his Ph.D. in economics from the University of Iowa and his Master of Science in economics from Carnegie Mellon University. In addition, he has a master’s degree in industrial engineering from the National Institute for Training in Industrial Engineering, a bachelor’s degree in electrical engineering from the Indian Institute of Science, and a bachelor’s degree in physics from the University of Bombay, India.
Ravikumar is also a visiting professor of economics at Washington University in St. Louis. Before joining the Bank, he was on the faculty in the economics departments at the University of Iowa, Arizona State University, Pennsylvania State University, and University of Virginia.
