Frederic Raines

He served on the staff of the Council of Economic Advisors before coming to Washington University. He has written or coauthored a number of papers on labor supply and wage determination, price controls, R&D, productivity, and defense economics. Professor Raines has also worked with private and government organizations in the areas of welfare reform, economic discrimination, and defense conversion. Recent research has been on the impact of defense spending on productivity and economic conversion models using the St. Louis economy as a case study. He is currently undertaking research on the incentive effects of worker participation and ownership.