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Timely Topics

St. Louis Fed

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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 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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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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Women in Economics

St. Louis Fed

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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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Wendy Stock, a professor of economics at Montana State University, doesn’t begin the first day of the semester reviewing a syllabus with her students. Rather, she asks them what topics in the world are the most important to them. Stock then uses their answers to frame lessons about how economics can help them better understand what they feel most a…
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Let’s say you’re writing a syllabus for the only economics class a student might ever take. What would you teach? That’s the question on the mind of Avi Cohen, a professor of economics at York University in Toronto, Canada. For Cohen, the answer lies in the literacy-targeted approach to teaching, which argues that it is more valuable for students t…
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How do households react to economic surprises? While inflation affects all consumers, unexpected inflation spikes can have a more significant impact on some households than others. “For some households that find it hard to move resources around or borrow or adjust their savings, unexpected inflation will have a large effect on them,” says St. Louis…
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What happens if U.S. dollars are spent overseas and stay there? Senior economic policy advisor Christopher Neely analyzes how much U.S. currency is held abroad and if that’s a problem or an advantage for the U.S. Neely discusses the level of U.S. banknotes kept overseas and explains why those dollars can act as an interest-free loan.…
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In the latest episode of our Teach Economics podcast, Annamaria Lusardi, faculty director of the Initiative for Financial Decision-Making at Stanford University, talks about her career journey and passion for teaching personal finance education. “When the tooth fairy comes is the time to talk about money,” she says. “Give a piggy bank to a child an…
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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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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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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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“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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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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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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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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“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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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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“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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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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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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“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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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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“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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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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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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“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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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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