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photo of James A. Schmitz, Jr.

James A. Schmitz, Jr. Senior Research Economist

Minneapolis, Minnesota USA

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Jim Schmitz taught at the University of Wisconsin–Madison and SUNY–Stony Brook before coming to the Federal Reserve Bank of Minneapolis in 1992. He is currently a senior research economist at the Bank and a visiting professor in economics at the University of Minnesota. Jim’s main interests are in the fields of economic growth and industrial organization. He has published in several journals, including the Journal of Political Economy and the American Economic Review.

Monopoly and the Incentive to Innovate When Adoption Involves Switchover Disruptions
2012 | American Economic Journal: Microeconomics, 4(3): 1-33 | With Thomas J. Holmes and David K. Levine

The Role of Transportation in U.S. Economic Development: 1840-1860
2012 | International Economic Review, 53(3): 693-716 | With Berthold Herrendorf and Arilton Teixeira

Competition and Productivity: A Review of Evidence
2010 | Annual Review of Economics, 2(1): 619-642 | With Thomas J. Holmes
Previously: Federal Reserve Bank of Minneapolis Staff Report 439

Privatization's Impact on Private Productivity: The Case of Brazilian Iron Ore
2008 | Review of Economic Dynamics, 11(4): 745-760 | With Arilton Teixeira
Previously: Federal Reserve Bank of Minneapolis Staff Report 337

What Determines Productivity? Lessons from the Dramatic Recovery of the U.S. and Canadian Iron Ore Industries Following Their Early 1980s Crisis
2005 | Journal of Political Economy, 113(3): 582-625
Previously: Federal Reserve Bank of Minneapolis Staff Report 286

Latin America in the Rearview Mirror
2005 | Journal of Monetary Economics, 52(1): 69-107 | With Harold L. Cole, Lee E. Ohanian, and Alvaro Riascos
Reprinted in: Federal Reserve Bank of Minneapolis, Quarterly Review 3011

Competitive Pressure and Labor Productivity: World Iron-Ore Markets in the 1980's
2002 | American Economic Review, 92(4): 1222-1235 | With José E. Galdón-Sánchez
Reprinted in: Federal Reserve Bank of Minneapolis, Quarterly Review 2722

Competition at Work: Railroads vs. Monopoly in the U.S. Shipping Industry
2001 | Federal Reserve Bank of Minneapolis, Quarterly Review 2521 | With Thomas J. Holmes

A Gain from Trade: From Unproductive to Productive Entrepreneurship
2001 | Journal of Monetary Economics, 47(2): 417-446 | With Thomas J. Holmes

Government Production of Investment Goods and Aggregate Labor Productivity
2001 | Journal of Monetary Economics, 47(1): 163-187

Maintenance and Repair: Too Big to Ignore
1999 | Federal Reserve Bank of Minneapolis, Quarterly Review 2341 | With Ellen R. McGrattan

Explaining Cross-Country Income Differences
1999 | Handbook of Macroeconomics, John B. Taylor and Michael Woodford, eds., Vol. 1A, Chapter 10: 669-737 | With Ellen R. McGrattan
Previously: Federal Reserve Bank of Minneapolis Staff Report 250
Additional files

The Role Played by Public Enterprises: How Much Does It Differ Across Countries?
1996 | Federal Reserve Bank of Minneapolis, Quarterly Review 2021

Nonresponse Bias and Business Turnover Rates: The Case of the Characteristics of Business Owners Survey
1996 | Journal of Business & Economic Statistics, 14(2): 231-241 | With Thomas J. Holmes

Managerial Tenure, Business Age, and Small Business Turnover
1996 | Journal of Labor Economics, 14(1): 79-99 | With Thomas J. Holmes

Resistance to New Technology and Trade Between Areas
1995 | Federal Reserve Bank of Minneapolis, Quarterly Review 1911 | With Thomas J. Holmes

On the Turnover of Business Firms and Business Managers
1995 | Journal of Political Economy, 103(5): 1005-1038 | With Thomas J. Holmes
Previously: Federal Reserve Bank of Minneapolis Working Paper 545

Wages, Employment Structure and Employer Size-wage Premia: Their Relationship to Advanced-Technology Usage at US Manufacturing Establishments
1995 | Economica, 62(245): 89-107 | With Timothy Dunne

Can Companies Maintain their Initial Innovative Thrust? A Study of the PC Software Industry
1994 | The Review of Economics and Statistics, 76(3): 523-540 | With Thomas J. Prusa

Early Progress on the "Problem of Economic Development"
1993 | Federal Reserve Bank of Minneapolis, Quarterly Review 1722

Research and Imitation in Long-run Growth
1991 | Journal of Monetary Economics, 27(2): 271-292 | With Aldo Rustichini

Are New Firms an Important Source of Innovation? Evidence from the PC Software Industry
1991 | Economics Letters, 35(3): 339-342 | With Thomas J. Prusa

A Theory of Entrepreneurship and Its Application to the Study of Business Transfers
1990 | Journal of Political Economy, 98(2): 265-294 | With Thomas J. Holmes

Imitation, Entrepreneurship, and Long-Run Growth
1989 | Journal of Political Economy, 97(3): 721-739