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        <title>St. Louis Fed - Recent Research</title>
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        <copyright>Copyright 2012 Federal Reserve Bank of St. Louis</copyright>
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        <pubDate>Tue, 21 Feb 2012 16:04:06 CST</pubDate>
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          <title>Lifetime Labor Supply and Human Capital Investment</title>
          <link><![CDATA[http://research.stlouisfed.org/wp/more/2012-004?utm_source=rss&utm_medium-rss&utm_campaign=recent-research]]></link>
          <description><![CDATA[By Rodolfo E. Manuelli, Ananth Seshadri, and Yongseok Shin; Working Paper 2012-004<p>We develop a model of retirement and human capital investment to study the effects of tax and retirement policies.</p>]]></description>
          <pubDate>2012-02-21 16:04:06.953793-06</pubDate>
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          <title>Identifying Structural and Cyclical Shocks Across U.S. Regions</title>
          <link><![CDATA[http://research.stlouisfed.org/publications/es/article/9148?utm_source=rss&utm_medium-rss&utm_campaign=recent-research]]></link>
          <description><![CDATA[By David Andolfatto and Constanza S. Liborio in Federal Reserve Bank of St. Louis Economic Synopses<p>It is not clear how monetary policy might be used to reduce local unemployment rates where recruiting intensity is high but the right kind of worker is hard to find.</p>]]></description>
          <pubDate>2012-02-17 11:15:56.470304-06</pubDate>
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          <title>Capital, Finance, and Trade Collapse</title>
          <link><![CDATA[http://research.stlouisfed.org/wp/more/2012-003?utm_source=rss&utm_medium-rss&utm_campaign=recent-research]]></link>
          <description><![CDATA[By Yang Jiao and Yi Wen; Working Paper 2012-003<p>This paper proposes a model of international trade with capital accumulation and financial intermediation. This is achieved by embedding the Melitz (2003) model into an incomplete-markets neoclassical framework with an endogenous credit market.</p>]]></description>
          <pubDate>2012-02-03 14:39:03.440536-06</pubDate>
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          <title>Quantitative Easing and Money Growth: Potential for Higher Inflation?</title>
          <link><![CDATA[http://research.stlouisfed.org/publications/es/article/9129?utm_source=rss&utm_medium-rss&utm_campaign=recent-research]]></link>
          <description><![CDATA[By Daniel L. Thornton in Federal Reserve Bank of St. Louis Economic Synopses<p>The enormous quantity of excess reserves can create an even greater expansion in the money supply.</p>]]></description>
          <pubDate>2012-02-03 10:44:29.949366-06</pubDate>
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          <title>Following the Fed with a News Tracker</title>
          <link><![CDATA[http://research.stlouisfed.org/publications/es/article/9123?utm_source=rss&utm_medium-rss&utm_campaign=recent-research]]></link>
          <description><![CDATA[By Michael W. McCracken in Federal Reserve Bank of St. Louis Economic Synopses<p>How should one conclude whether the data have come in stronger, weaker, or as expected?</p>]]></description>
          <pubDate>2012-02-01 09:18:25.562349-06</pubDate>
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