Higher gasoline prices: temporary or time to buy a hybrid?
Drivers may wonder whether the most recent spike in gasoline prices is temporary or will be longer lasting. Will prices eventually decline?maybe even to below $3 per gallon? Or is it time for drivers to alter their driving habits, maybe by buying a hybrid car? Be sure to read the September 2012 issue of Page One Economics Newsletter ??Higher Gasoline Prices: Temporary or Time to Buy a Hybrid???for a discussion of factors that might influence that decision.
A report on economic conditions in the Little Rock zone
A report on economic conditions in the Louisville zone
Rent or buy?
The residential real estate market showed additional signs of improvement in 2012, though the recovery has been quite different for single-family compared with multifamily markets.
Quantitative easing in Japan: past and present
Inflation expectations in Japan have recently risen above their historical average.
Bank vs. bond financing over the business cycle
While bank lending contracts during the typical recession, liquidity in bond markets may not.
Three faces of low inflation: U.S., Japan and the Euro area
An international perspective on the recent behavior of inflation
Several commentators have been concerned about the possibility that the euro area may be experiencing disinflation with the risk of deflation. However, the euro area is not the only economy navigating the risky waters of low inflation. Several other advanced economies have recently experienced below-target inflation as well as some actual deflation. In this article, the authors collect data for nine advanced economies and document several facts about the behavior of inflation during the 2002-14 period. First, they show that the relationship between inflation rates and short-term rates ...
Around the World, Gender Gaps Ebb and Flow
Forward guidance 101B: a roadmap of the international experience
The Federal Reserve is just one of several central banks that have adopted forward guidance since the beginning of the financial crisis and in an environment of near-zero policy rates (zero lower bound).