Vice President and Economist
Research Department
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, MO 64198
E-mail
Curriculum Vitae 

Ed Knotek is a 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.

• "Convenient Prices and Price Rigidity: Cross-Sectional Evidence" (forthcoming) Review of Economics and Statistics.
• "Markov-Chain Approximations of Vector Autoregressions: Application of General Multivariate-Normal Integration Techniques," with Stephen J. Terry, (2011) Economic Letters 110(1): 4-6.
• "A Tale of Two Rigidities: Sticky Prices in a Sticky-Information Environment"
  (2010) Journal of Money, Credit, and Banking 42 (8): 1543-64.
• "Convenient Prices, Currency, and Nominal Rigidity: Theory with Evidence from Newspaper Prices" (2008), Journal of Monetary Economics, 55(7): 1303-16

• "How Do Households Respond to Uncertainty Shocks?"
  with Shujaat Khan, Second Quarter 2011
  
• "How Will Unemployment Fare Following the Recession?" 
  Third Quarter 2009
• "How Useful is Okun's Law?" 
  Fourth Quarter 2007

• "The Roles of Price Points and Menu Costs in Price Rigidity"
  RWP 10-18
• "Alternative Methods of Solving State-Dependent Pricing Models" 
  with Stephen Terry, RWP 08-10
• "Convenient Prices and Price Rigidity: Cross-Sectional Evidence" 
  RWP 08-04
• "Markov-Chain Approximations of Vector Autoregressions: Application of General Multivariate-Normal Integration Techniques" 
  with Stephen Terry, RWP 08-02
• "A Tale of Two Rigidities: Sticky Prices in a Sticky-Information Environment" 
  RWP 06-15
• "Regime Changes and Monetary Stagflation" 
  RWP 06-05
• "Convenient Prices, Currency, and Nominal Rigidity: Theory with Evidence from Newspaper Prices" 
  RWP 05-11