Laura Young

  • Associate Professor, Economics
  • Visiting Scholar, Federal Reserve Bank of St. Louis
  • Ph.D. University of North Carolina
  • MS University of North Carolina
  • BS Bentley University

Teaching Interests

Monetary Policy, Macroeconomics, Econometrics

Research Interests

Empirical Macroeconomics, Monetary Policy and Monetary Theory, Business Cycles

Bio

Laura Jackson Young graduated from the University of North Carolina at Chapel Hill in December 2014 with a PhD in Economics. She is now an Associate Professor in the Department of Economics at Bentley University. Her research and teaching interests focus on applied macroeconomics and monetary policy.

Professional Links

Professional Memberships

  • Society for Computational Economics 2017 - Present
  • The Econometric Society 2017 - Present
  • Computational and Financial Econometrics Network 2016 - Present
  • American Economic Association 2015 - Present
  • Society for Economic Measurement 2015 - Present
  • Society for Nonlinear Dynamics and Econometrics 2013 - Present
  • Awards and Honors

  • 2014, James B. Ramsey Prize for Top Paper in Econometrics Presented by a Graduate Student, Society for Nonlinear Dynamics and Econometrics
  • 2013, CSWEP Fellowship Program, Federal Reserve Bank of Boston
  • 2013, Georges Lurcy Fellowship, University of North Carolina
  • 2012, Vijay Bhagavan Award for the Outstanding Economics 101 Teaching Assistant, University of North Carolina
  • 2010, Induction into Beta Gamma Sigma, International Business Honor Society
  • 2010, Induction into Omicron Delta Epsilon, Economics Honor Society
  • Publications

    Journal Articles


  • Jackson, L. E., Guisinger, A., Owyang, M. T. (2023). Age and Gender Differentials in Unemployment and Hysteresis. Studies in Nonlinear Dynamics & Econometrics. (Link)
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2023). FRED-SD: A Real-Time Database for State-Level Data with Forecasting Applications. International Journal of Forecasting, (39) 1 279-297. (Link)
  • Jackson, L. E., Dueker, M., Owyang, M. T., Sola, M. (2022). A Time-Varying Threshold STAR Model with Applications. Oxford Open Economics, (2) odac012 (Link)
  • Jackson, L. E., Coroneo, L., Owyang, M. T. (2020). International Stock Comovement with Endogenous Clusters. Journal of Economic Dynamics and Control. (Link)
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2020). The Nonlinear Effects of Uncertainty Shocks. Studies in Nonlinear Dynamics and Econometrics, (24) 4 (Link)
  • Francis, N. R., Jackson, L. E., Owyang, M. T. (2020). How Has Empirical Monetary Policy Analysis Changed After the Financial Crisis?. Economic Modelling, (84) 309-321. (Link)
  • Jackson, L. E., Owyang, M. T., Soques, D. (2018). Nonlinearities, Smoothing, and Countercyclical Monetary Policy. Journal of Economic Dynamics and Control, (95) 136-154. (Link)
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2018). Debt and Stabilization Policy: Evidence from a Euro Area FAVAR. Journal of Economic Dynamics and Control. (Link)
  • Francis, N. R., Jackson, L. E., Owyang, M. T. (2018). Countercyclical Policy and the Speed of Recovery After Recessions. Journal of Money, Credit and Banking, (50) 4 675-704. (Link)
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2015). A Measure of Price Pressures. Federal Reserve Bank of St. Louis Review, (97) 1 (Link)

    Book Chapters


  • Jackson, L. E. (2019). M is for Malala In Patricia M. Flynn, Milenko Gudić, Tay Keong Tan, (Eds.) Global Champions of Sustainable Development. United Nations Principles for Responsible Management Education Book Series
  • Jackson, L. E., Kose, M. A., Otrok, C., Owyang, M. T. (2016). Specification and Estimation of Bayesian Dynamic Factor Models: A Monte Carlo Analysis with an Application to Global House Price Comovement In Siem Jan Koopman (VU U Amsterdam), Eric Hillebrand (Aarhus U), (Eds.) Advances in Econometrics, Volume 35. Emerald Group Publishing Ltd. (Link)

  • Other(s)


  • Clark, C., Jackson, L. E. (2023). Toward Gender Parity in Corporate Leadership - 2023 Census on Women Directors and Executive Officers in MA Public Companies. 10.
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2019). A Bad Moon Rising? Uncertainty Shocks and Economic OutcomesFederal Reserve Bank of St. Louis Economic Synopses. 6 (Link)
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2015). Introducing the St. Louis Fed Price Pressures MeasureFederal Reserve Bank of St. Louis Economic Synopses. (Link)
  • Presentations

  • Jackson, L. E., Owyang, M. T., Hogan, M. (2024). “Constructing high-frequency measures of income and consumption inequality” Presented at the Society for Economic Measurement 9th Annual Conference of the Society for Economic Measurement Georgia Institute of Technology
  • Jackson, L. E., Owyang, M. T., Paccagnini, A. (2024). “The Distributional Effects of Stabilization Policy” Presented at the Society for Nonlinear Dynamics & Econometrics 31st Symposium of the Society for Nonlinear Dynamics & Econometrics University of Padova
  • Szymanski, D. W., Iverson, E., Jackson, L. E., Lenczewski, M., Mooney, C., Oches, E. A., Ritter, J., Solar, D., Wilson, R., Bouwma-Gearhart, J. (2024). “Integrating STEM and Business Education for More Sustainable, Equitable Future” Presented at the American Association for the Advancement of Science (AAAS) American Association for the Advancement of Science Annual Meeting Denver, CO
  • Jackson, L. E., Wilson, R. E., Ritter, J. B. (2024). “Designing Transdisciplinary Sustainability Curricula” Presented at theITLC Lilly Conferences: Evidence-Based Teaching and Learning San Diego, CA
  • Jackson, L. E., Owyang, M. T., Stewart, A., Le, H. (2023). “Constructing High-Frequency Measures of Income and Consumption Inequality” Presented at theAccounting, Economics, and Finance Joint Mini Conference Bentley University
  • Jackson, L. E., Coroneo, L., Owyang, M. T. (2023). “Time-Varying Skewness of International Stock Returns” Presented at the Society for Nonlinear Dynamics & Econometrics Applied Time Series Econometrics Workshop Federal Reserve Bank of St. Louis
  • Szymanski, D. W., Iverson, E., Jackson, L. E., Lenczewski, M. E., Mooney, C., Oches, E. A., Ritter, J., Wilson, R. (2023). “Geology and smartphones: transdisciplinary curriculum for a more equitable, zero-waste circular economy” Presented at the Geological Society of America Geological Society of America Annual Meeting Pittsburgh, PA
  • Jackson, L. E., Owyang, M. T., Stewart, A., Le, H. (2023). “Constructing High-Frequency Measures of Income and Consumption Inequality” Presented at the Bentley Research Council 10th Annual Research Showcase Bentley University
  • Iverson, E., Bender-Awalt, M., Carlson, A., Szymanski, D. W., Monney, C., Lenczewski, M. E., Oches, E. A., Ritter, J., Wilson, R., Solar, D., Jackson, L. E. (2023). “A Curricular Approach to Facilitating Transdisciplinary Thinking about Sustainability” Presented at the National Association of Geoscience Teachers Earth Educators Rendezvous Pasadena, CA
  • Szymanski, D. W., Iverson, E., Bouwma-Gearhart, J., Jackson, L. E., Lenczewski, M. E., Mooney, C., Oches, E. A., Ritter, J., Wilson, R. (2023). “A New Model for Transdisciplinary Curriculum Development in Higher Education Using the Wicked Problems of Sustainability” Presented at the Accelerating Systemic Change Network (ASCN) ASCN Transforming Institutions Conference Minneapolis, MN
  • Jackson, L. E., Coroneo, L., Owyang, M. T. (2023). “Time-Varying Skewness of International Stock Returns” Presented at theBentley Economics Department Brown Bag Seminar
  • Kurt, E., Jackson, L. E. (2023). “Downward Nominal Wage Rigidity and Asymmetric Effects of Monetary Policy” Presented at the University of New Hampshire
  • Jackson, L. E., Coroneo, L., Owyang, M. T. (2023). “Time-Varying Volatility of International Stock Returns” Presented at the Society for Nonlinear Dynamics & Econometrics 30th Symposium of the Society for Nonlinear Dynamics & Econometrics University of Central Florida
  • Jackson, L. E., Owyang, M. T., Stewart, A., Le, H. (2022). “Constructing High-Frequency Measures of Income and Consumption Inequality” Presented at the16th International Conference on Computational and Financial Econometrics King’s College London/Virtual
  • Kurt, E., Jackson, L. (2022). “Downward Nominal Wage Rigidity and Asymmetric Effects of Monetary Policy” Presented at the Applied Time Series Workshop at St. Louis Fed
  • Jackson, L. E., Guisinger, A., Owyang, M. T. (2022). “Age and Gender Differentials in Unemployment and Hysteresis” Presented at the Society for Economic Measurement 7th Annual Conference of the Society for Economic Measurement University of Calgary
  • Klis, A. A., Szymanski, D. W., Iverson, E., Jackson, L. E., Wilson, R. (2022). “A Transdisciplinary Approach to Undergraduate Sustainability Education: Resource Economics by Way of Business and Science” Presented at the American Economic Association National Conference on Teaching and Research in Economic Education Chicago, IL
  • Jackson, L. E., Guisinger, A., Owyang, M. T. (2022). “Gender-based Differences in Unemployment Hysteresis” Presented at the Society for Nonlinear Dynamics and Econometrics (SNDE) 29th Annual Symposium of the Society for Nonlinear Dynamics and Econometrics Virtual
  • Jackson, L. E., Otrok, C., Owyang, M. T. (2022). “Tax Progressivity, Economic Booms, and Trickle-Up Economics” Presented at the Bentley Center for Integration of Science and Industry Seminar Series Bentley University/Virtual
  • Jackson, L. E., Dueker, M., Owyang, M. T., Sola, M. (2021). “A Time-Varying Threshold STAR Model of Unemployment and the Natural Rate” Presented at the15th International Conference on Computational and Financial Econometrics Virtual
  • Jackson, L. E. (2021). “A Time-Varying Threshold STAR Model of Unemployment and the Natural Rate” Presented at the University of North Carolina-Greensboro Invited talk for research seminar series Virtual
  • Jackson, L. E. (2021). “The College Fed Challenge During the COVID-19 Pandemic” Presented at the American Economic Association 2021 Conference on Teaching & Research in Economic Education Virtual
  • Jackson, L. E., Dueker, M., Owyang, M. T., Sola, M. (2021). “A Time-Varying Threshold STAR Model of Unemployment and the Natural Rate” Presented at the27th International Conference on Computing in Economics and Finance Virtual
  • Jackson, L. E., Dueker, M., Owyang, M. T., Sola, M. (2021). “A Time-Varying Threshold STAR Model of Unemployment and the Natural Rate” Presented at the5th Annual Conference of the International Association for Applied Econometrics Virtual
  • Jackson, L. E., Owyang, M. T., Wheelock, D. C. (2020). “A Composite Index for Evaluating the Stance of Monetary Policy” Presented at the King's College London 15th International Conference on Computational and Financial Econometrics Virtual
  • Jackson, L. E., Owyang, M. T., Wheelock, D. C. (2020). “A Composite Index for Evaluating the Stance of Monetary Policy” Presented at the London School of Economics and Bank of England Annual Meeting of the Central Bank Research Association LSE and Virtual
  • Jackson, L. E., Coroneo, L., Owyang, M. T. (2019). “International Stock Comovement with Endogenous Clusters” Presented at the Society for Nonlinear Dynamics and Econometrics (SNDE) 27th Annual Symposium Federal Reserve Bank of Dallas
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2018). “The Nonlinear Effects of Uncertainty Shocks” Presented at the12th International Conference on Computational and Financial Econometrics University of Pisa, Italy
  • Jackson, L. E., Owyang, M. T., Kliesen, K. L. (2018). “FRED-SD: A Real-Time Database for State-Level Data with Forecasting Applications” Presented at the Midwest Econometrics Group 28th Annual Meeting of the Midwest Econometrics Group University of Wisconsin-Madison
  • Jackson, L. E., Owyang, M. T., Soques, D. (2018). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the5th Annual Conference of the International Association for Applied Econometrics (IAAE) Université du Québec à Montréal
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2017). “Debt and Stabilization Policy: Evidence from a Euro Area FAVAR” Presented at the11th International Conference on Computational and Financial Econometrics University of London, UK
  • Jackson, L. E., Kliesen, K. L., Owyang, M. T. (2017). “The Nonlinear Effects of Uncertainty” Presented at the Research Division, Federal Reserve Bank of St. Louis Applied Time Series Econometrics Workshop Federal Reserve Bank of St. Louis
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2017). “Debt and Stabilization Policy: Evidence from a Euro Area FAVAR” Presented at the Econometric Society 70th European Meeting ISCTE-IUL and University of Lisbon, Portugal
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2017). “Debt and Stabilization Policy: Evidence from a Euro Area FAVAR” Presented at the Society for Economic Measurement 4th Annual Conference of the Society for Economic Measurement Massachusetts Institute of Technology
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2017). “Debt and Stabilization Policy: Evidence from a Euro Area FAVAR” Presented at the Society for Computational Economics 23rd International Conference on Computing in Economics and Finance Fordham University
  • Jackson, L. E., Kliesen , K. L., Owyang, M. T. (2016). “Assessing State and National Labor Conditions” Presented at the CFE Network 10th International Conference on Computational and Financial Econometrics (CFE) University of Seville, Spain
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2016). “A Factor-Augmented VAR for Regional Analysis” Presented at the Midwest Econometrics Group 26th Annual Meeting of the Midwest Econometrics Group University of Illinois at Urbana-Champaign
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2016). “A Factor-Augmented VAR for Regional Analysis” Presented at the Research Division, Federal Reserve Bank of St. Louis Applied Time Series Econometrics Workshop Federal Reserve Bank of St. Louis
  • Jackson, L. E., Owyang, M. T., Zubairy, S. (2016). “A Factor-Augmented VAR for Regional Analysis” Presented at the Society for Nonlinear Dynamics and Econometrics (SNDE) 24th Annual Symposium University of Alabama, Tuscaloosa
  • Jackson, L. E., Owyang, M. T., Soques, D. (2015). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the Midwest Econometrics Group 25th Annual Meeting of the Midwest Econometrics Group Federal Reserve Bank of St. Louis
  • Jackson, L. E., Owyang, M. T., Soques, D. (2015). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the Society for Economic Measurement 2nd Annual Conference of the Society for Economic Measurement OECD - Paris, France
  • Jackson, L. E., Owyang, M. T., Soques, D. (2015). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the Federal Reserve Bank of San Francisco Research Seminar Series Federal Reserve Bank of San Francisco
  • Jackson, L. E., Owyang, M. T., Soques, D. (2015). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the Society for Nonlinear Dynamics and Econometrics (SNDE) 23rd Annual Symposium BI Norwegian Business School, Oslo, Norway
  • Jackson, L. E., Owyang, M. T., Soques, D. (2014). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the Federal Reserve Bank of St. Louis Applied Time Series Econometrics Workshop
  • Jackson, L. E., Owyang, M. T., Soques, D. (2014). “Nonlinearities, Smoothing, and Countercyclical Monetary Policy” Presented at the Bentley University Research Seminar Series
  • Francis, N. R., Jackson, L. E., Owyang, M. T. (2014). “How Has Empirical Monetary Policy Analysis Changed After the Financial Crisis?” Presented at the University of Missouri Midwest Macroeconomics Conference
  • Jackson, L. E. (2014). “Monetary Policy, Macro Factors and the Term Structure at the Zero Lower Bound” Presented at the Society for Nonlinear Dynamics and Econometrics (SNDE) 22nd Annual Symposium
  • Jackson, L. E. (2013). “Monetary Policy, Macro Factors and the Term Structure at the Zero Lower Bound” Presented at the Federal Reserve Bank of Kansas City Weekly Macro Discussion
  • Francis, N. R., Jackson, L. E., Owyang, M. T. (2013). “Countercyclical Policy and the Speed of Recovery After Recessions” Presented at the Society for Computational Economics 19th International Conference on Computing in Economics and Finance Vancouver, BC Canada
  • Francis, N. R., Jackson, L. E., Owyang, M. T. (2013). “How Has Empirical Monetary Policy Analysis Changed After the Financial Crisis?” Presented at the Society for Nonlinear Dynamics and Econometrics (SNDE) 21st Annual Symposium University of Milano-Bicocca – Milan, Italy
  • Service

    Department Service


  • Committee Member for Economics Department Curriculum Committee 2022 - Present
  • Faculty Advisor for WEB: Women in Economics @ Bentley for WEB - Women in Economics @ Bentley 2019 - Present
  • Committee Chair for Economics Department Assurance of Learning Committee 2016 - Present
  • Committee Member for Economics Department Hiring Committee 2023 - 2024
  • Committee Chair for Economics Department Principles Committee 2022 - 2024
  • Course Coordinator for Principles of Microeconomics 2022 - 2024
  • Committee Member for Economics Department Hiring Committee 2021 - 2022
  • Committee Member for Economics Department Principles Committee 2017 - 2022
  • Committee Chair for Alexander Zampieron Award Committee 2016 - 2022
  • Co-chair for Omicron Delta Epsilon (Economic Honor Society) 2016 - 2022
  • Committee Member for Economics Department Hiring Committee 2020 - 2021
  • Virtual Majors and Minors Fair - Department Representative 2020 - 2020
  • Majors and Minors Fair - Department Representative 2018 - 2018
  • Spring Admitted Student Day - Department Representative - 2018
  • Fall Open House - Department Representative - 2017
  • Fall Open House - Department Representative - 2016
  • Committee Member for Curriculum/Principles Review Committee 2015 - 2016
  • Spring Open House/Accepted Students Day - Department Representative - 2016
  • University Service


  • Committee Member for Strategic Advisory Committee, Gloria Cordes Larson Center for Women and Business (CWB) 2024 - Present
  • Focus Area Ambassador for Strategic Plan Implementation: Culture of Leadership and Innovation 2022 - Present
  • Committee Member for Bentley Faculty Honors Council 2022 - Present
  • Faculty Research Director, Gloria Cordes Larson Center for Women and Business (CWB) 2022 - Present
  • Committee Member for Academic Integrity Council 2020 - 2024
  • Committee Member for Bentley Learning and Teaching Council 2020 - 2023
  • Faculty Marshal - Undergraduate Commencement 2016 - 2023
  • Committee Member for First-Year Experience Committee 2022 - 2022
  • Committee Member for Inauguration Planning Committee 2022 - 2022
  • Committee Member for Student Experience Strategic Positioning Committee 2021 - 2022
  • Committee Member for Board of Trustees Student Affairs Committee 2018 - 2020
  • Faculty Partner for Women's Leadership Community 2018 - 2019
  • Committee Member for Board of Trustees Academic Affairs Committee 2016 - 2018
  • Professional Service


  • Reviewer, Journal Article for Journal of Money, Credit, and Banking - 2024
  • Reviewer, Journal Article for Oxford Open Economics 2024 - 2024
  • Reviewer, Journal Article for Journal of Economic Dynamics and Control - 2024
  • Reviewer, Journal Article for Southern Economic Journal - 2024
  • Reviewer, Journal Article for Journal of Money, Credit, and Banking - 2023
  • Committee Member for International Association of Applied Econometrics Scientific Committee 2021 - 2023
  • Reviewer, Journal Article for Applied Economics - 2022
  • Reviewer, Journal Article for Canadian Journal of Economics - 2022
  • Reviewer, Journal Article for Journal of Money, Credit, and Banking - 2022
  • Reviewer, Journal Article for Studies in Nonlinear Dynamics and Econometrics - 2022
  • Invited Lecture/Presentation for Nichols College President's Lecture Series 2022 - 2022
  • Reviewer, Journal Article for Applied Economics Letters 2022 - 2022
  • Reviewer, Journal Article for Economics Letters 2021 - 2021
  • Reviewer, Journal Article for Canadian Journal of Economics 2021 - 2021
  • Reviewer, Journal Article for Empirical Economics 2021 - 2021
  • Reviewer, Journal Article for Empirical Economics - 2020
  • Reviewer, Journal Article for Journal of Applied Econometrics - 2020
  • Reviewer, Journal Article for Applied Economics Letters - 2019
  • Reviewer, Journal Article for Economic Modelling - 2019
  • Reviewer, Journal Article for International Finance - 2019
  • Reviewer, Journal Article for Journal of Applied Econometrics - 2019
  • Reviewer, Journal Article for Public Finance Review - 2019
  • Reviewer, Journal Article for European Economic Review - 2018
  • Reviewer, Journal Article for Journal of Business & Economic Statistics - 2018
  • Reviewer, Journal Article for Journal of Money, Credit, and Banking - 2018
  • Reviewer, Journal Article for Journal of Monetary Economics 2017 - 2018
  • Reviewer, Journal Article for Southern Economic Journal 2017 - 2018
  • Reviewer, Journal Article for Economic Notes - 2017
  • Reviewer, Journal Article for International Review of Economics and Finance - 2016