Ed Knotek is an Assistant Vice President and Economist in the Economic Research Department of the Federal Reserve Bank of Kansas City. He joined the department in August 2005.

Mr. Knotek received a B.A. in mathematics-economics and Spanish from Denison University. He received his M.A. and Ph.D. in economics from the University of Michigan.

Mr. Knotek's research focuses on price dynamics, in particular the causes and consequences of price rigidity and the interplay between inflation and information, and movements in unemployment over the course of the business cycle.

Publications in professional journals and books

"A Tale of Two Rigidities: Sticky Prices in a Sticky-Information Environment," (forthcoming) Journal of Money, Credit, and Banking.

"Convenient Prices and Price Rigidity: Cross-Sectional Evidence," (forthcoming) Review of Economics and Statistics.

"Convenient Prices, Currency, and Nominal Rigidity: Theory with Evidence from Newspaper Prices," (2008), Journal of Monetary Economics, 55(7): 1303-16.

Federal Reserve Bank of Kansas City Economic Review articles

"How Will Unemployment Fare Following the Recession? Third Quarter 2009. (Summary | Article PDF 876K)

"How Useful is Okun's Law?" Fourth Quarter 2007. (Summary | Article PDF 364K)

Federal Reserve Bank of Kansas City Research Working Papers

"Alternative Methods of Solving State-Dependent Pricing Models," with Stephen Terry, RWP 08-10 (PDF 1.54mb | Abstract)

"Convenient Prices and Price Rigidity: Cross-Sectional Evidence," RWP 08-04 (PDF 555K | Abstract)

"Markov-Chain Approximations of Vector Autoregressions: Application of General Multivariate-Normal Integration Techniques," with Stephen Terry, RWP 08-02 (PDF 380K | Abstract)

"A Tale of Two Rigidities: Sticky Prices in a Sticky-Information Environment," RWP 06-15 (PDF 1,293k | Abstract)

"Regime Changes and Monetary Stagflation," RWP 06-05 (PDF 588K | Abstract)

"Convenient Prices, Currency, and Nominal Rigidity: Theory with Evidence from Newspaper Prices," RWP 05-11 (PDF 838K | Abstract)

Biography	Curriculum vitae (PDF, 42 K)
Publications in journals and books	Research Working Papers