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Journal Article
Priorities for the Federal Reserve
Gary Stern's departing thoughts on where the Fed should focus its efforts
Journal Article
Y2K and your money
Journal Article
Market discipline as bank regulator
Journal Article
Payments system issues and challenges
Journal Article
Managing the expanded safety net
In this essay, we first briefly explain why the government?s response to the 2007?08 financial turmoil, although justified, expanded the safety net and exacerbated the existing too big to fail problem.