Joel Elvery |

Economist


Joel Elvery, Economist

Joel Elvery is an economist in the Research Department at the Federal Reserve Bank of Cleveland. Dr. Elvery’s primary fields of interest are labor, public, and urban economics. He also specializes in applied econometrics, which involves studying economic models and using statistical trials to calculate future trends. His current work focuses on the regional economy in the Fourth Federal Reserve District, which includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Prior to joining the Bank in 2013, Dr. Elvery was an assistant professor in the Maxine Goodman Levin College of Urban Affairs at Cleveland State University. Before that, he held the position of research economist at the Bureau of Labor Statistics in Washington, DC. He also worked as a social science analyst at the US Census Bureau’s Center for Economic Studies.

Dr. Elvery holds a bachelor’s degree in economics from the University of Illinois at Chicago. He earned his MA and PhD in economics from the University of Maryland.

  • Fed Publications
  • Other Publications
Title Date Publication Author(s) Type

 

2014, Second Quarter Joel Elvery; Metro Mix
Abstract: The Toledo metropolitan statistical area’s recovery from the Great Recession has been mixed. After declining sharply from June 2006 to June 2009, manufacturing employment has seen strong growth, though it remains below 2006 levels. No doubt these job losses in the metro area’s most important sector contributed to the region steadily losing population. The population loss has led to further employment declines in sectors that serve local residents like retail trade, leisure and hospitality services, and housing markets, all of which have seen only a limited recovery. On the positive side, population decline has recently slowed, output growth has been strong, and the professional and business services sector has reached employment levels not seen since 2000.

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2014, Quarter 1 Joel Elvery; Metro Mix
Abstract: Recessions hit the Cleveland-Elyria metropolitan area harder than the nation as a whole because of the area’s strong concentration of durable goods manufacturing. However, this sector has recovered well from the most recent recession.

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2014-05 Joel Elvery; Christopher Vecchio; Economic Commentary
Abstract: The earliest available source of metro-area employment numbers is the initial estimates of State and Metro-Area Employment, Hours, and Earnings (SAE) from the Current Employment Statistics program, but these figures are subject to large revisions. We show how large those revisions are for six metro areas and the four states in the Fourth Federal Reserve District. We also compare the precision of the initial estimates to the Quarterly Census of Employment and Wages (QCEW), which is less timely but more accurate. Our analysis confirms that the best approach for those wanting accurate metro-area employment figures is to use the final, benchmarked SAE or the QCEW.

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Title Date Publication Author(s) Type

 

December, 2010 Regional Science and Urban Economics, 40(6), pp. 367-79 Joel Elvery; Journal Article

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March, 2009 Economic Development Quarterly 23(1) Joel Elvery; Journal Article

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Preliminary Micro Data Results from the Business List Comparison Project

 

2006 Proceedings of the 2006 American Statistical Association Annual Meetings. Joel Elvery; Lucia Foster; C.J. Krizan; David Talan; Journal Article

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2005 Proceedings of the 2005 American Statistical Association Annual Meetings Joel Elvery; Randy Becker; Lucia Foster; C.J. Krizan; Sang Nguyen; David Talan; Journal Article

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