Prof. Toney and Lina Moe Named St. Louis Fed Fellows

November 22, 2024

St. Louis Fed Announces 2024-25 Institute for Economic Equity Research Fellows

The Federal Reserve Bank of St. Louis has announced a new cohort of nine research fellows selected to conduct research while in residence at the Institute for Economic Equity.

“The Institute for Economic Equity is proud to convene this stellar group of scholars to analyze the barriers to individuals’ economic potential and how to reduce or overcome those barriers,” said William M. Rodgers III, director of the institute. “We’re looking forward to the insightful, in-depth research this cohort will generate to inform the conversation on fostering equality.”

Prof. Jermaine Toney

Jermaine ToneyJermaine Toney is an assistant professor in the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, New Brunswick. He was selected to receive the 2023-24 National Bureau of Economic Research Postdoctoral Fellowship on Racial and Ethnic Disparities in Economic Outcomes and was a member of the 2022-23 cohort of early career faculty fellows at Rutgers University’s Institute for the Study of Global Racial Justice. His work has been supported by an award from the Russell Sage Foundation and Bill and Melinda Gates Foundation. Prior to joining the faculty at Rutgers, he was a National Science Foundation postdoctoral research fellow in the Dyson School of Applied Economics and Management at Cornell University. Toney previously taught in the economics department at Queens College, City University of New York.

Much of Toney’s research focuses on household finance, health economics and stratification economics. His current work examines the effects of historical redlining and racially restrictive housing covenants, the transmission of socioeconomic status across generations, intergroup experiences in accessing credit and asset markets, analytic approaches to measuring the racial wealth gap, and how health disparities affect a household’s financial marketplace participation. His work has been profiled in Marketplace and The Atlantic.

Toney said, “I will be using the IEE fellowship to advance my current work that examines the effects of historical redlining and racially restrictive housing covenants on households and neighborhoods.”

Toney holds a Ph.D. in economics from The New School for Social Research.

Lina Moe (PhD Candidate)

Lina MoeLina Moe’s research interests include the history and consequences of economic inequality; the evolution of work, employee status and workplace institutions; and the intersection of public movements and economic thought. Her public policy work has touched on legislative efforts to raise the minimum wage in New York, regulate the classification of workers as independent contractors, and set minimum pay standards for for-hire drivers.

Her work also includes a focus on economic sociology and science and technology studies, online platform economies, and the intersection between public and private technology research. As part of a National Science Foundation-funded interdisciplinary group at Rutgers University, she studies the regulation of emergent technologies and the evolution of lab organization and collaboration among roboticists, AI researchers and public policy planners.

Moe holds a Ph.D. from Yale University and an M.A. from The New School.

 

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