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
Decline in house prices slows down; district still faring better than nation
Bandyopadhyay, Subhayu; Aubuchon, Craig P. (2010-04)
The Regional Economist , Issue Apr , Pages 18-20

Journal Article
A primer on social security systems and reforms
Garriga, Carlos; Conesa, Juan Carlos; Aubuchon, Craig P. (2011-01)
This article reviews the characteristics of different social security systems. Many configurations arise depending on the nature of a system?s funding and determination of benefits. Many reforms propose changing the U.S. Social Security system. The authors focus their analysis of the transition from a pay-as-you-go to a fully funded system. They argue that the key component of any reform is the treatment of the implicit liabilities of a country?s social security system. The welfare gains accruing to some cohorts as a result of such reforms usually stem from either a partial or complete ...
Review , Volume 93 , Issue Jan , Pages 19-35

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