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Author:Rhodes, Karl 

Briefing
TARGET2: symptom, not cause, of eurozone woes

In recent years, large positive and negative balances have arisen in TARGET2, the interbank settlement and payments system of the Eurozone. These balances show that the Deutsche Bundesbank, the central bank of Germany, has become a large net creditor to the European Central Bank (ECB). Conversely, they show that central banks in the periphery nations of Portugal, Ireland, Italy, Greece, and Spain have become significant net debtors to the ECB. Critics of the Eurosystem have portrayed these balances as a "stealth bailout" of the periphery nations, but TARGET2 merely reflects persistent ...
Richmond Fed Economic Brief , Issue Aug

Journal Article
Upfront: Regional news at a glance

Econ Focus , Volume 15 , Issue 3Q , Pages 2-5, 30

Journal Article
Upfront: Regional news at a glance

Econ Focus , Volume 15 , Issue 4Q , Pages 2-6

Journal Article
Upfront: Regional news at a glance

Econ Focus , Volume 15 , Issue 2Q , Pages 2-5

Briefing
All Mortgages Are Not Created Equal

Housing experts have studied the relative performance of different types of mortgages during the housing crisis. But foreclosure analysis often overlooks distinctions between mortgages issued to occupant owners and those issued to non-occupant owners. This Economic Brief highlights the impact of non-occupant-owner mortgages on the housing crisis.
Richmond Fed Economic Brief , Issue Jan

Journal Article
Coal Crunch Massive Mining Layoffs Hit WV

Regional News
Econ Focus , Issue 2Q , Pages 3-3

Journal Article
Economic History: Free to Speculate

British frontier policy threatened Colonial land speculation on the eve of the American Revolution
Econ Focus , Issue 3Q , Pages 24-26

Briefing
2019 Richmond Fed Research Digest

Summaries of work by economists in the Bank’s Research Department published externally from June 1, 2018, through May 31, 2019
Research Digest

Briefing
2018 Richmond Fed Research Digest

Summaries of work by economists in the Bank’s Research Department published externally from June 1, 2017, through May 31, 2018
Research Digest

Journal Article
Up in smoke : Fifth District states are burning through tobacco settlement funds to balance their books

Econ Focus , Volume 7 , Issue Spr , Pages 21-25

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Journal Article 38 items

Briefing 19 items

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