Demographics and Disparities in the Fifth District
Although the Fifth District’s black population tends to have higher employment and educational attainment compared to the nation’s, there are still significant disparities relative to whites.
How Risky Are Young Borrowers?
Young borrowers are conventionally considered the most prone to making financial mistakes. This has spurred efforts to limit their access to credit, particularly via credit cards. Recent research suggests, however, that young borrowers are actually among the least likely to experience a serious credit card default. One reason why people obtain credit cards early in life may be to build a strong credit history.
When Economists Make Mistakes
Regional News at a Glance
China?s WH Group Buys Virginia?s Smithfield Foods - Jessie Romero. Reforming Flood Insurance Causes Hardship for Homeowners - Tim Sablik. NC Offers Payments to Victims of Its Eugenics Program - Lisa Kenney. SC Weighs Proposal to Reduce Cosmetology Training - Karl Rhodes.
Are CEOs Overpaid?
Feature article on: Are CEOs Overpaid? Incentives for chief executives have important economic implications
Open house: Will helping homeowners help the economy?
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q1/feature2_weblinks.cfm
Cloudy with a chance of ... savings : Weather affects every sector of the economy, so there's a lot to be gained from getting the forecasts right
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q4/feature5_weblinks.cfm
Inequality in and across Cities
Inequality in the United States has an important spatial component. More-skilled workers tend to live in larger cities where they earn higher wages. Less-skilled workers make lower wages and do not experience similar gains even when they live in those cities. This dynamic implies that larger cities are also more unequal. These relationships appear to have become more pronounced as inequality has increased. The evidence points to externalities among high-skilled workers as a significant contributor to those patterns.
The Profession: Where are the Women
Research spotlight: From housing bust to baby bust?
Related Link: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2013/q1/research_spotlight_weblinks.cfm