Journal Article
The extent and impact of outsourcing: evidence from Germany
Bandyopadhyay, Subhayu; Bhaumik, Sumon; Aubuchon, Craig P. (2012-07)
The authors use data from several sources, including plant-level data from the manufacturing sector in Germany, to expand the literature on outsourcing. They find that, in Germany, the extent of outsourcing among manufacturing industries is higher than among service industries and that the outsourcing intensity of these industries did not change much between 1995 and 2005. They also find a statistically significantly positive impact of industry-level outsourcing intensity on German plant-level labor produc- tivity for both 2000 and 2005. The estimated economic impact of outsourcing on ...
Review , Volume 94 , Issue July

Journal Article
The microfinance revolution: an overview
Sengupta, Rajdeep; Aubuchon, Craig P. (2008-01)
The Nobel Prize committee awarded the 2006 Nobel Peace Prize to Muhammad Yunus and the Grameen Bank "for their efforts to create economic and social development from below." The microfinance revolution has come a long way since Yunus first provided financing to the poor in Bangladesh. The committee has recognized microfinance as "an important liberating force" and an "ever more important instrument in the struggle against poverty." Although several authors have provided comprehensive surveys of microfinance, our aim is somewhat more modest: This article is intended as a ...
Review , Volume 90 , Issue Jan , Pages 9-30

Journal Article
Employment growth mixed across Eighth District
Aubuchon, Craig P.; Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu (2009-01)
The Regional Economist , Issue Jan , Pages 20-21

Journal Article
How much have U.S. house prices fallen?
Wheelock, David C.; Aubuchon, Craig P. (2008-08)
National Economic Trends , Issue Aug

Journal Article
Eighth District population growth follows national pattern
Aubuchon, Craig P.; Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu (2008-07)
The Regional Economist , Issue Jul , Pages 18-19

Journal Article
Eighth District fares better than nation in job losses
Aubuchon, Craig P.; Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu (2010-01)
The Regional Economist , Issue Jan , Pages 20-22

Journal Article
Can Social Security survive the baby boomers?
Wheelock, David C.; Aubuchon, Craig P. (2007-09)
National Economic Trends , Issue Sep

Journal Article
District fares better than nation as prime-mortgage problems escalate
Aubuchon, Craig P.; Martinek, Christopher J.; Hernandez-Murillo, Ruben; Bandyopadhyay, Subhayu (2009-07)
The Regional Economist , Issue Jul , Pages 20-21

Journal Article
Increasing political freedom may be key to reducing threats
Younas, Javed; Bandyopadhyay, Subhayu; Aubuchon, Craig P. (2009-10)
The root causes of terrorism might not be poverty and lack of education, as many believe. Rather, the lack of civil liberties, political rights and the rule of law might be more influential.
The Regional Economist , Issue Oct , Pages 10-11

Journal Article
The geographic distribution and characteristics of U.S. bank failures, 2007-2010: do bank failures still reflect local economic conditions?
Wheelock, David C.; Aubuchon, Craig P. (2010-09)
The financial crisis and recession that began in 2007 brought a sharp increase in the number of bank failures in the United States. This article investigates characteristics of banks that failed and regional patterns in bank failure rates during 2007-10. The article compares the recent experience with that of 1987-92, when the United States last experienced a high number of bank failures. As during the 1987-92 and prior episodes, bank failures during 2007-10 were concentrated in regions of the country that experienced the most serious distress in real estate markets and the largest declines ...
Review , Volume 92 , Issue Sep , Pages 395-415