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Upcoming Events
- May 31, 2012
2012 Midwest Economic Education Conference
- June 5, 2012
Bank On Save Up Financial Resources Ambassador Training
- June 11, 2012
Teacher Workshop Series
Jonathan L. Willis
Assistant Vice President and Economist
Research Department
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, Mo. 64198
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Curriculum Vitae
Biography
Jon Willis is an Assistant Vice President and Economist at the Federal Reserve Bank of Kansas City. He joined the Economic Research Department in September 2000. A native of Iowa, Willis received a B.A. degree in economics from Grinnell College in 1993 and a Ph.D. degree in economics from Boston University in 2001. Willis conducts research on labor market dynamics over the business cycle and the relationship between the price-setting behavior of firms and inflation dynamics. In addition to working at the Bank, he has served as a visiting assistant professor at the University of Texas at Austin.
Professional Journals and Books
- The Cost of Labor Adjustment: Inferences from the Gap"
with Russell Cooper, Review of Economic Dynamics, forthcoming - "Mind the (Approximation) Gap: A Robustness Analysis"
with Russell Cooper, American Economic Review, forthcoming - "Sticky Information and Sticky Prices"
with Peter Klenow, Journal of Monetary Economics, September 2007 - "Search Frictions: Matching Aggregate and Establishment Observations"
with Russell Cooper and John Haltiwanger, Journal of Monetary Economics, September 2007 - "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
Economic Review Articles
- "Employment Patterns During the Recovery: Who Are Getting the Jobs and Why?"
with Aysegul Sahin, Third Quarter 2011 - "Coordination of Expectations in the Recent Crisis: Private Actions and Policy Responses"
with Russell Cooper, First Quarter 2010 - "What Happened to the Gains From Strong Productivity Growth?"
with Julie Wroblewski, First Quarter 2007 - "What Impact Will E-Commerce Have on the U.S. Economy?"
Second Quarter 2004 - "Implications of Structural Changes in the U.S. Economy for Pricing Behavior and Inflation Dynamics"
First Quarter 2003
Research Working Papers
- "Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application"
with Russell Cooper and John Haltiwanger, RWP 10-04 - "Mind the (Approximation) Gap: A Robustness Analysis"
with Russell Cooper, RWP 09-02 - "Search Frictions: Matching Aggregate and Establishment Observations"
with Russell Cooper and John Haltiwanger, RWP 06-14 - "Sticky Information and Sticky Prices"
with Peter J. Klenow, RWP 06-13 - "Real Rigidities and Nominal Price Changes"
with Peter J. Klenow, RWP 06-03 - "Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications"
with Russell Cooper and John Haltiwanger, RWP 03-12 - "The Economics of Labor Adjustment: Mind the Gap"
with Russell Cooper, RWP 03-05 - "The Cost of Labor Adjustment: Inferences from the Gap"
RWP 02-11 - "Magazine Prices Revisited"
RWP 01-15 - "The Economics of Labor Adjustment: Mind the Gap"
RWP 01-06 - "Estimation of Adjustment Costs in a Model of State-Dependent Pricing"
RWP 00-07
Work in Progress
- "General Equilibrium of a Monetary Model with State-Dependent Pricing"










