Nicholas Sly is vice president, economist and the Denver branch executive at the Federal Reserve Bank of Kansas City. He serves as the Bank’s regional economist and its representative in the states of Colorado, Wyoming and in northern New Mexico. Mr. Sly works closely with the Branch’s board of directors and is responsible for briefing the President of the Federal Reserve Bank of Kansas City on economic conditions in the Denver branch’s region.
Prior to joining the Bank in 2015 Mr. Sly was associate professor of economics at the University of Oregon. He graduated from the University of Northern Iowa with a degree in mathematics and economics and earned his PhD in economics from Michigan State University..
Professional Journals and Books
- "The Labor Market Effects of Offshoring by U.S. Multinational Firms"
with Brian Kovak and Lindsay Oldenski, Review of Economics and Statistics, forthcoming. - "The Multinational Wage Premium and Wage Dynamics"
with Gianluca Orefice and Farid Toubal, Industrial and Labor Relations Review, forthcoming. - "Bilateral Tax Treaties and GDP Comovement"
with Caroline Weber, Review of International Economics, 2017, 25(2): 292-319. - "A Simple Model of Globalization, Schooling and Skill Acquisition"
with Carl Davidson, European Economic Review, 2014, 71: 209-27. - "Cherries for Sale: The Incidence and Timing of Cross-Border M&A"
with Bruce A. Blonigen, Lionel Fontagne and Farid Toubal, Journal of International Economics, 2014, 94(2): 341-57. - "Comovement in GDP Trends and Cycles among Trading Partners"
with Bruce A. Blonigen and Jeremy Piger, Journal of International Economics, 2014, 94(2): 239-47. - "Strategic Sourcing and Wage Bargaining"
with Anson Soderbery, Journal of Development Economics, 2014, 109: 172-187. - "The Differential Effects of Bilateral Tax Treaties"
with Bruce A. Blonigen and Lindsay Oldenski, American Economic Journal: Economic Policy, 2014, 6(2): 1-18. (lead article) - "International Trade and the Composition of Labor Market Turnover"
Economic Inquiry, 2013, 51(1): 122-137. - "Labor Matching Behavior and Trade Adjustment"
European Economic Review, 2012, 56(3): 592-604. - "International Productivity Differences, Trade, and the Distributions of Factor Endowments"
Review of International Economics, 2012, 20(4): 740-757. - "Trade and the Labor Market: Recent Developments and New Frontiers"
with Carl Davidson, in Oxford Handbook on International Commercial Policy, 2012, eds. Mordechai Kreinin and Michael G. Plummer, Oxford University Press.
Economic Review Articles
- PDF"Capital Reallocation and Capital Investment"
with David Rodziewicz, Second Quarter 2019 - PDF"Labor Market Improvement and the Use of Subsidized Housing Programs"
Fourth Quarter 2017 - PDF"Global Uncertainty and U.S. Exports"
Second Quarter 2016
Research Working Papers
- "The Labor Market Effects of Offshoring by U.S. Multinational Firms: Evidence from Changes in Global Tax Policies"
with Brian Kovak and Lindsay Oldenski, RWP 17-12 - "The Multinational Wage Premium and Wage Dynamics"
with Gianluca Orefice and Farid Toubal, RWP 16-10 - PDF"Global Tax Policy and the Synchronization of Business Cycles"
with Caroline Weber, RWP 15-07
The Macro Bulletin
- "Subsiding Headwinds from the Strong Dollar: Evidence from Producer Prices along the Supply Chain"
with George A. Kahn - PDF"How Does a Rise in International Shipping Costs Affect U.S. Inflation?"
with Trenton Herriford, Elizabeth M. Johnson and A. Lee Smith - PDF"Global Uncertainty in the Wake of Brexit"
with Craig Hakkio - PDF"Global Capital Flows from China"
with Jun Nie