Our Team
Raymond E. Owens III
Ray Owens was a senior economist and policy advisor in the Research Department at the Federal Reserve Bank of Richmond. Owens worked at the Richmond Fed from 1983 to 2022.
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Academic Publications
American Economic Journal: Economic Policy, Vol. 12, May 2020: 258-305
This paper studies the urban structure of Detroit — one that is clearly not optimal for its size — which features a business district immediately surrounded by largely vacant neighborhoods.
Previous Version: Working Paper, February 2017, No. 17-04Distance and Decline: The Case of Petersburg, VirginiaVirginia Economic Journal, Vol. 22, 2018: 1-28Previous Version: Working Paper, October 2018, No. 18-16Journal of Political Economy, Vol. 118, June 2010: 485-535Previous Version: Working Paper, June 2008, No. 08-3- Related Work: "Economics of Housing Externalities" (with Esteban Rossi-Hansberg) in International Encyclopedia of Housing and Home, edited by S.J. Smith et al., 47-50. Oxford: Elsevier, 2012.
- Programs (ZIP, 25 MB)
- Slideshow
International Economic Review, Vol. 50, February 2009: 143-186Previous Version: Working Paper, June 2005, No. 05-3Population in Rural Areas: The Case of Loudoun County, VirginiaVirginia Economic Journal, Vol. 9, 2004: 41-56Journal of Public Economics, Vol. 86, November 2002: 223-242Previous Version: Working Paper, June 1999, No. 99-8Business Economics, Vol. 36, April 2001: 44-48Contemporary Economic Policy, Vol. 13, April 1995: 63-76Previous Version: Working Paper, March 1993, No. 93-2 -
Working Papers
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Bank Publications
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Other Work
"Trade Deficits (and Surpluses)." In Encyclopedia of Contemporary American Social Issues, vol. 2, edited by Michael Shally-Jensen, pp. 312-321. Santa Barbara, CA: ABC-CLIO, 2011.
"Trade Surpluses and Deficits." In Battleground: Business, vol. 2, edited by Michael Walden and Peg Thoms, pp. 582-590. Westport, CT: Greenwood Press, 2007.
"Government-Sponsored Enterprises.
" In Instruments of the Money Market, 7th edition, edited by Timothy Q. Cook and Robert K. LaRoche, pp. 139-155, Richmond, VA: Federal Reserve Bank of Richmond, 1993."Farmer Mac and Farm Lending." In Financing Agriculture in the 1990s: Structural Change and Public Policy, Proceedings of the 1990 Meeting of the Federal Reserve Committee on Agriculture and Rural Development, pp. 49-55. Washington, DC: Board of Governors of the Federal Reserve System, 1991.