Lowell R. Ricketts: Publications and Papers

Working papers include:

Human Capital Investment After the Storm
with Stephen B. Billings and Emily A. Gallagher
Center for Household Financial Stability Working Paper, Posted May 2020.

Let the Rich Be Flooded: The Unequal Impact of Hurricane Harvey on Household Debt
with Stephen B. Billings and Emily A. Gallagher
Center for Household Financial Stability Working Paper, Posted June 2019.

Publications:

Monitoring the Recovery of Vulnerable Workers and Their Families
with William M. Rodgers III
The St. Louis Fed On The Economy blog, Oct. 14, 2021.

How Should We Finance Postsecondary Education: Debt, Private Wealth or Public Wealth? (PDF)
with Fabian T. Pffefer
The Future of Building Wealth, Sept. 30, 2021.

Unequal Starting Points: A Demographic Lens Is Key for Inclusive Wealth Building (PDF)
with Ana Hernández Kent
The Future of Building Wealth, Sept. 30, 2021.

The Enduring Regional Economic Challenges Associated with the Pandemic
with William M. Rodgers III
The St. Louis Fed On The Economy blog, Sept. 9, 2021.

Asset Values Surged during the K-Shaped Recovery, Driving Wealth Gains Higher
The St. Louis Fed On The Economy blog, Aug. 17, 2021.

Child Care and School Disruptions Continue to Burden Working Parents
with Ana Hernández Kent
The St. Louis Fed On The Economy blog, Aug. 9, 2021.

Older Millennials Experience Pandemic Hardships Unequally
with Ana Hernández Kent
The St. Louis Fed On The Economy blog, July 6, 2021.

Racial and Ethnic Disparities in Housing Distress during the Pandemic
with Stephen Roll
The St. Louis Fed On The Economy blog, April 12, 2021.

Has Wealth Inequality in America Changed over Time? Here Are Key Statistics
with Ana Hernández Kent
Medium, April 6, 2021.

Disparities by Race, Ethnicity and Education Underlie Millennials’ Comeback in Wealth
with Ana Hernández Kent
The St. Louis Fed On The Economy blog, April 1, 2021.

Millennials Are Catching Up in Terms of Generational Wealth
with Ana Hernández Kent
The St. Louis Fed On The Economy blog, March 30, 2021.

Measuring Household Distress and Potential Policy Impacts
with Jeffrey P. Cohen, Cletus C. Coughlin, William R. Emmons, and Jacob Haas
Federal Reserve Bank of St. Louis Economic Synopses, February 24, 2021.

Food Insecurity in the Eighth District
Federal Reserve Bank of St. Louis Bridges, Volume 1 2021.

Gender Wealth Gap: Families Headed by Women Have Lower Wealth
with Ana Hernández Kent
Federal Reserve Bank of St. Louis In the Balance, Jan. 7, 2021.

Wealth Gaps between White, Black and Hispanic Families in 2019
with Ana Hernández Kent
The St. Louis Fed On The Economy blog, Jan. 5, 2021.

Has Wealth Inequality in America Changed over Time? Here Are Key Statistics
with Ana Hernández Kent
The St. Louis Fed Open Vault blog, Dec. 2, 2020.

The Real State of Family Wealth: Quarterly Trends in Average Wealth and Demographic Wealth Inequality
with Ray Boshara, William R. Emmons and Ana Hernández Kent
The Real State of Family Wealth, Nov.19, 2020.

The Real State of Family Wealth: Will COVID-19 Worsen Racial, Educational and Generational Gaps in the U.S.?
with Ray Boshara, William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Nov.19, 2020.

Eighth District Housing Distress: Challenges, Demographics and Resources
Federal Reserve Bank of St. Louis Bridges, Volume 4 2020.

Podcast: How Do Birth Year, Race and Education Play into Economic Equity?
with William R. Emmons and Ana Hernández Kent
Medium, November 12, 2020.

Economic Equity: Demographics
with William R. Emmons and Ana Hernández Kent
St. Louis Fed Timely Topics: Economic Equity podcast miniseries, Sept. 30, 2020.

Who is Most Vulnerable? Financial Fragility Following COVID-19 Income Shocks
with Ray Boshara
Medium, Sept.10, 2020.

Financial Hardship Following Hurricane Harvey
with Emily A. Gallagher
The St. Louis Fed On the Economy blog, Sept. 10, 2020.

Housing Distress in the Time of COVID-19
The St. Louis Fed On the Economy blog, Aug. 3, 2020.

Families Most Vulnerable to Income Shock and COVID-19
with Ray Boshara
St. Louis Fed Timely Topics Podcasts, May 4, 2020.

Which Families Are Most Vulnerable to an Income Shock such as COVID-19?
with Ray Boshara
Federal Reserve Bank of St. Louis In the Balance, May, 2020. 

Retirement Savings: The SECURE Act Helps; Can More Be Done?
with Ray Boshara
The St. Louis Fed Open Vault blog, April 1, 2020.

Are Millennials a Lost Generation Financially?
with William R. Emmons and Ana Hernández Kent
Medium, March 31, 2020.

Hidden Financial Devastation Followed Hurricane Harvey
with Emily A. Gallagher
Federal Reserve Bank of St. Louis In the Balance, February 2020.

What Wealth Inequality in America Looks Like
with Ray Boshara and Ana Hernández Kent
Medium, Feb. 5, 2020.

Let the Rich Be Flooded: The Unequal Impact of Hurricane Harvey on Household Debt
with Stephen B. Billings and Emily A. Gallagher
Center for Household Financial Stability Working Paper, Posted June 2019.

The White Working Class: Declining Mostly Due to Rising College Attainment
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Jan. 6, 2020.

Are Millennials a Lost Generation Financially?
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Dec. 17, 2019.

Economic Challenges Facing Black Men and Boys (PDF)
with William R. Emmons and Ana Hernández Kent
Hooks Policy Papers, October 2019.

Trends, Origins, and Implications of the Millennial Wealth Gap
with William R. Emmons and Ana Hernández Kent
The Emerging Millennial Wealth Gap, October 2019.

Is College Still Worth It? The New Calculus of Falling Returns
with William R. Emmons and Ana Hernández Kent
Federal Reserve Bank of St. Louis Review, October 2019.

Just How Severe is America’s Racial Wealth Gap?
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed Open Vault blog, Oct. 9, 2019.

Consumer Debt at a New Peak? That Depends
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Oct. 3, 2019.

The White Working Class: State-Level Declines and Geographic Concentration
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Oct. 1, 2019.

The White Working Class: National Trends, Then and Now
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Sept. 24, 2019.

First-Generation College Graduates Get a Financial Boost, but Don’t Catch Up
with William R. Emmons and Ana Hernández Kent
Federal Reserve Bank of St. Louis In the Balance, August 2019.

What Wealth Inequality in America Looks Like: Key Facts & Figures
with Ray Boshara and Ana Hernández Kent
The St. Louis Fed Open Vault blog, Aug. 14, 2019.

A Checkerboard, Not a Melting Pot: Racial and Educational Diversity in the Eighth District
with William R. Emmons and Ana Hernández Kent
Federal Reserve Bank of St. Louis Bridges, Spring 2019. 

Why Is the White Working Class in Decline?
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, May 20, 2019.

“Debtless” Housing Boom Leads Household Wealth Recovery
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Feb. 18, 2019.

Is College Still Worth It? It’s Complicated
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, Feb. 7, 2019.

As Fewer Young Adults Wed, Married Couples’ Wealth Surpasses Others’
with Fenaba R. Addo
Federal Reserve Bank of St. Louis In the Balance, December 2018.

The Bigger They Are, The Harder They Fall: The Decline of the White Working Class
with William R. Emmons and Ana Hernández Kent
The Demographics of Wealth: How Education, Race and Birth Year Shape Financial Outcomes, Essay No. 3, September 2018.

The College Boost: Why Are Wealth Returns from a Degree Falling?
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, July 19, 2018.

The College Boost: Is the Return on a Degree Fading?
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, July 17, 2018.

The College Boost: Grads Still Outearn Nongrads
with William R. Emmons and Ana Hernández Kent
The St. Louis Fed On the Economy blog, July 16, 2018.

A Lost Generation? Long-Lasting Wealth Impacts of the Great Recession on Young Families
with William R. Emmons and Ana Hernández Kent
The Demographics of Wealth: How Education, Race and Birth Year Shape Financial Outcomes, Essay No. 2, May 2018.

The Financial Returns from College across Generations: Large but Unequal
with William R. Emmons and Ana Hernández Kent
The Demographics of Wealth: How Education, Race and Birth Year Shape Financial Outcomes, Essay No. 1, February 2018.

When the Stock Market Rises, Who Benefits?
The St. Louis Fed On the Economy blog, Feb. 27, 2018.

Household Debt at the Tipping Point: When and Why Does Household Borrowing Hurt the Economy?
with William R. Emmons
Center for Household Financial Stability Working Paper, November 2017.

An Even Wider Generational Wealth Gap?
with William R. Emmons
The St. Louis Fed On the Economy blog, Aug. 17, 2017.

The Link between Family Structure and Wealth Is Weaker Than You Might Think 
with William R. Emmons
The St. Louis Fed On the Economy blog, May 9, 2017.

Auto Debt Expansion Continues to Slow While Subprime Delinquencies Rise
Federal Reserve Bank of St. Louis The Quarterly Debt Monitor, Vol. 1, Issue 4, Covering 2016:Q4.

Household Wealth is at a Post-WWII High: Should We Celebrate or Worry?
with William R. Emmons
Federal Reserve Bank of St. Louis In the Balance, Issue 17, 2017.

California Homeownership in 2030 and Beyond: Demographic Change and the “Lost Generations” of California Homeowners
with William R. Emmons
Journal of Case Study Research: A Publication of the Center for California Real Estate, Volume II, Issue I, Spring 2017.

Will the Gender Pay Gap Get Smaller?
with Charles Gascon
The St. Louis Fed On the Economy blog, April 4, 2017.

College Inadvertently Increases Racial and Ethnic Disparity in Income and Wealth
with William R. Emmons
Federal Reserve Bank of St. Louis In the Balance, Issue 16, 2017.

College Is Not Enough: Higher Education Does Not Eliminate Racial and Ethnic Wealth Gaps
with William R. Emmons
Federal Reserve Bank of St. Louis Review, February 2017.

The Homeownership Experience of Minorities During the Great Recession
with Carlos Garriga and Don E. Schlagenhauf
Federal Reserve Bank of St. Louis Review, February 2017.

Consumer Debt Growth Stalls Despite Strong Sectors 
with Don E. Schlagenhauf
Federal Reserve Bank of St. Louis The Quarterly Debt Monitor, Vol. 1, Issue 3, Covering 2016:Q3.

Mortgage Debt Continues to Decline While Auto Lending Soars
with Don E. Schlagenhauf
Federal Reserve Bank of St. Louis The Quarterly Debt Monitor, Vol. 1, Issue 2, Covering 2016:Q2.

Choosing to Fail or Lack of Choice? The Demographics of Loan Delinquency
with William R. Emmons and Tasso Pettigrew
Federal Reserve Bank of St. Louis In the Balance, Issue 15, 2016.

Consumer Debt Rises for 10th Quarter in a Row 
with Don E. Schlagenhauf
Federal Reserve Bank of St. Louis The Quarterly Debt Monitor, Vol. 1, Issue 1, Covering 2016:Q1.

Unequal Degrees of Affluence: Racial and Ethnic Wealth Differences across Education Levels
with William R. Emmons
Federal Reserve Bank of St. Louis The Regional Economist, October 2016

The Demographics of Loan Delinquency: Tipping Points or Tip of the Iceberg?
with William R. Emmons
Center for Household Financial Stability Working Paper, Oct. 18, 2016.

The Quarterly Debt Monitor: Trends in Consumer Debt in St. Louis, Little Rock, Louisville, Memphis—and Beyond
with Don E. Schlagenhauf
Federal Reserve Bank of St. Louis In the Balance, Issue 14, 2016.

The Importance of Wealth is Growing 
with William R. Emmons
Federal Reserve Bank of St. Louis In the Balance, Issue 13, 2015.

Is Inflation Running Hot or Cold?
with Joseph McGillicuddy
Federal Reserve Bank of St. Louis Economic Synopses, July 2015.

Faster Real GDP Growth during Recoveries Tends to Be Associated with Growth of Jobs in 'Low-Paying' Industries 
with Kevin L. Kliesen
Federal Reserve Bank of St. Louis The Regional Economist, January 2015.

U.S. Income Inequality May Be High, but It Is Lower Than World Income Inequality
with Christopher J. Waller
Federal Reserve Bank of St. Louis The Regional Economist, July 2014.

The Rise and (Eventual) Fall in the Fed's Balance Sheet
with Christopher J. Waller
Federal Reserve Bank of St. Louis The Regional Economist, January 2014.

State and Local Debt: Growing Liabilities Jeopardize Fiscal Health
with Christopher J. Waller
Federal Reserve Bank of St. Louis The Regional Economist, October 2012.

Job Gains and Losses at Large and Small Firms during the Great Recession
with Juan M. Sánchez
Federal Reserve Bank of St. Louis The Regional Economist, July 2012.

The Legacy of the Olympics: Economic Burden or Boom?
Federal Reserve Bank of St. Louis Page One Economics, July 2012.