José Mustre-del-Río

Research and Policy Officer
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, Missouri
Biography
José Mustre-del-Río is a Research and Policy Officer at the Federal Reserve Bank of Kansas City. He joined the Economic Research Department in August 2011. Prior to joining the department, José received B.S. degrees in economics and applied mathematics from Ohio State University, and M.A. and Ph.D. degrees in economics from the University of Rochester. José's main areas of research are in macroeconomics, labor economics and computational economics.
Professional Journals and Books
- "Search with Wage Posting under Sticky Prices"
with Andrew Foerster, Journal of Money, Credit, and Banking, Forthcoming. - "The Persistence of Financial Distress"
The Review of Financial Studies, Volume 32, Issue 10, October 2019, Pages 3851–3883, https://doi.org/10.1093/rfs/hhz009 - "Job Duration Over the Business Cycle"
Journal of Money, Credit, and Banking, 51(6), 1691-1711, 2019 - "Wealth and Labor Supply Heterogeneity"
Review of Economic Dynamics, 18, 619-634, 2015
Economic Review Articles
- "What Explains Lifetime Earnings Differences across Individuals?"
with Emily Pollard, First Quarter 2019 - "Dissecting Wage Dispersion"
with San Cannon, Third Quarter 2017 - "The Shadow Labor Supply and Its Implications for the Unemployment Rate"
Third Quarter 2013
Research Working Papers
- "Household Financial Distress and the Burden of “Aggregate” Shocks"
with Kartik Athreya, Ryan Mather, and Juan M. Sánchez, RWP 20-13 - "Consumption in the Great Recession: The Financial Distress Channel"
with Kartik Athreya, Ryan Mather, and Juan M. Sánchez, RWP 19-06 - "The Persistence of Financial Distress"
with Kartik Athreya and Juan M. Sánchez , RWP 17-15 - "Search with Wage Posting under Sticky Prices"
with Andrew Foerster, RWP 14-17 - "Job Duration Over the Business Cycle"
RWP 12-08 - "Financial Frictions and Occupational Mobility"
with William B. Hawkins, RWP 12-06 - "The Aggregate Implications of Individual Labor Supply Heterogeneity"
RWP 11-09
Economic Bulletin (formerly "The Macro Bulletin")
- "As Manufacturing Weakens, Consumers Pull Back"
with Emily Pollard, November 13, 2019 - "Nominal Wage Rigidities and the Future Path of Wage Growth"
with Emily Pollard - Flowing into Employment: Implications for the Participation Rate
with Michael Redmond and William Xu - "Confident about Quitting: Job Leavers and Labor Market Optimism"
with William Xu - "Following the Leaders: Wage Growth of Job Switchers"
- "The Wage Cycle and Shadow Labor Supply"
with Troy Davig - "The Shadow Labor Supply and Its Implications for the Unemployment Rate"
with Troy Davig
Selected Conference Presentation
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Mustre-del-Rio, Jose. 2015. “Solving Heterogeneous Agent Models with GPUs,” presentation at the Economic Research in High Performance Computing Environments Workshop, October 21, 2015, hosted by the Federal Reserve Bank of Kansas City's Center for the Advancement of Data and Research in Economics. Code Files