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Author:Ransom, Jennifer K. 

Journal Article
Who is that guy on the $10 bill?

Alexander Hamilton is the least known and most misunderstood of our nation's founders. His contributions include creating a monetary standard, establishing our banking system, and ensuring the young nation's creditworthiness. This Economic Commentary explains how much of our financial strength we owe to Hamilton.
Economic Commentary , Issue Jun

Journal Article
What happened to the inventory overhang?

The large inventory buildup in the first half of 1997 led to media warnings of a substantially weaker economy by year's end. The authors examine the rationale for these warnings, and argue that inventory accumulation is an unreliable predictor of future economic strength.
Economic Commentary , Issue Mar

Journal Article
Measuring total employment: are a few million workers important?

How can we measure total employment in the economy? The Bureau of Labor Statistics provides two different-and sometimes contradictory-measures of this key indicator. During the 1990s, the gap between the two measures has widened to more than five million workers. This Economic Commentary examines the current discrepancy between the two measures of employment and explores its significance in interpreting our economy's health.
Economic Commentary , Issue Jun

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