Search Results
Journal Article
Policy update: Incentives for greener transportation
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q3/policy_update_weblinks.cfm
Journal Article
Federal Reserve : The CRA and the subprime crisis
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2010/q4/federal_reserve_weblinks.cfm
Briefing
Does the Fed Have a Financial Stability Mandate?
Governments around the world have devoted increasing attention to maintaining overall financial system stability. Central banks play strong roles in domestic financial stability policy, but the full scopes of their financial stability mandates are ambiguous. The Federal Reserve appeared to embrace a stronger role in financial system stability starting in the late 1960s and accelerating with its unprecedented actions during the 2007?08 financial crisis. Questions remain, however, about the proper scope and design of a central bank?s financial stability mandate.
Journal Article
Fiscal Multiplier
Jargon Alert on the Fiscal Multiplier
Journal Article
How Do Banks Use the Discount Window?
Highlighted research of "The Fed's Discount Window: An Overview of Recent Data." Felix P. Ackon and Huberto M. Ennis. Federal Reserve Bank of Richmond Economic Quarterly, First-Fourth Quarter 2017, vol. 103, nos. 1-4, pp. 37-79.
Journal Article
Jargon Alert: Market Power
Journal Article
Out from the shadows : The run on shadow banking and a framework for reform
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2010/q3/feature3_weblinks.cfm
Journal Article
Jargon alert : Market failure
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q1/jargon_alert_weblinks.cfm
Briefing
Preventing Bank Runs
Banking can be defined as the business of maturity transformation, or "borrowing short to lend long." Economists and policymakers have long viewed banking as inherently unstable, that is, prone to runs. This Economic Brief reviews the intuition and theory behind bank runs and the most popular proposed solutions. It also explores new research suggesting that runs might be prevented by creating a new, low-cost type of deposit contract that eliminates the incentive to run.
Discussion Paper
What Businesses Are Saying: Cautiously Optimistic With a Hint of Wariness
In the lead-up to the December Federal Open Market Committee cycle, we heard that the economy was chugging along with disproportionate support from high-income consumers and artificial intelligence (AI). Many firms noted they were hesitant to invest or hire too significantly going into 2026; uncertainty and costs remained too high. Consumers pushed back against price increases, squeezing margins. Labor availability was improving, but skill and geographic mismatches continued, and there were no signs that either hiring or firing would pick up soon. You can read more in December's "What ...