Nicholas Sly is an Assistant Vice President and Economist at the Federal Reserve Bank of Kansas City. His research is focused on the relationship between international trade and labor markets, and the role of multinational enterprises in the global economy. Prior to joining the Economic Research Department at the Bank in 2015 Mr. Sly was Associate Professor of Economics at the University of Oregon, and previously was a visiting scholar at the Paris School of Economics. He earned his PhD in Economics from Michigan State University in 2009.
National Economic Update (10/4/2017)
Professional Journals and Books
- "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
- "Labor Market Improvement and the Use of Subsidized Housing Programs"
Fourth Quarter 2017
- "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 K. Kovak and Lindsay Oldenski, RWP 17-12
- "The Multinational Wage Premium and Wage Dynamics"
with Gianluca Orefice and Farid Toubal, RWP 16-10
- "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
- "How Does a Rise in International Shipping Costs Affect U.S. Inflation?"
with Trenton Herriford, Elizabeth M. Johnson and A. Lee Smith
- "Global Uncertainty in the Wake of Brexit"
with Craig Hakkio
- "Global Capital Flows from China"
with Jun Nie