Showing results 1 to 4 of approximately 4.(refine search)
The sectoral and regional effects of oil shocks: who's over a barrel?
An examination of how higher-priced oil affects various regions and business sectors, citing evidence that the oil shock accompanying Iraq's invasion of Kuwait will have a smaller impact on the overall U.S. economy than that of previous shocks.
Recent behavior of velocity: alternative measures of money
An examination of the relationship between velocity and interest rates for two alternative measures of money, and an analysis of the effects of thrift restructuring on money demand.
Don't worry, we'll grow out of it: an analysis of demographics, consumer spending, and foreign debt
An analysis of the impact of the baby-boom generation's inrush into the work force on consumer spending, debt, and foreign investment, finding evidence that age demographics are a strong determinant of aggregate household consumption.
Is household debt inhibiting the recovery?
An examination of the pattern of household debt and asset levels in a historical context, whose results cast doubt on the presumption that heavy consumer debt loads incurred during the 1980s are the cause of the economy's current sluggishness.