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Jonathan L. Willis
Assistant Vice President and Economist

Research Department
Federal Reserve Bank of Kansas City
925 Grand Boulevard
Kansas City, MO 64198
Email: jonathan.willis@kc.frb.org


Publications in journals and books

"Sticky Information and Sticky Prices," with Peter Klenow, Journal of Monetary Economics, forthcoming.

"Search Frictions: Matching Aggregate and Establishment Observations," with Russell Cooper and John Haltiwanger, Journal of Monetary Economics, forthcoming.

"Magazine Prices Revisited," Journal of Applied Econometrics, April 2006.

"A Comment on the Economics of Labor Adjustment: Mind the Gap," American Economic Review, September 2004.

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Federal Reserve Bank of Kansas City Economic Review articles

"What Happened to the Gains From Strong Productivity Growth?" with Julie Wroblewski, First Quarter 2007.   (Summary | Article PDF 111K)

"What Impact Will E-Commerce Have on the U.S. Economy?" Second Quarter 2004.   (Summary | Article PDF 193K)

"Implications of Structural Changes in the U.S. Economy for Pricing Behavior and Inflation Dynamics," First Quarter 2003.   (Summary | Article PDF 143K)

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Federal Reserve Bank of Kansas City Research Working Papers

"Search Frictions: Matching Aggregate and Establishment Observations," with Russell Cooper and John Haltiwanger, RWP 06-14  (PDF 579K | Abstract)

"Sticky Information and Sticky Prices," with Peter J. Klenow, RWP 06-13.  (PDF 550K | Abstract)

"Real Rigidities and Nominal Price Changes," with Peter J. Klenow, RWP 06-03.      (PDF 522K | Abstract)

"Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications," with Russell Cooper and John Haltiwanger, RWP 03-12. (PDF 368K | Abstract)

"The Economics of Labor Adjustment: Mind the Gap," with Russell Cooper, RWP 03-05. (PDF 365K | Abstract)

"The Cost of Labor Adjustment: Inferences from the Gap," RWP 02-11. (PDF 562K | Abstract)

"Magazine Prices Revisited," RWP 01-15. (PDF 236K | Abstract)

"The Economics of Labor Adjustment: Mind the Gap," RWP 01-06. (PDF 740K | Abstract)

"Estimation of Adjustment Costs in a Model of State-Dependent Pricing"  RWP 00-07. (PDF 366K | Abstract)

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          Work in progress 

"General Equilibrium of a Monetary Model with State-Dependent Pricing"  (PDF 297K)

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