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Series:Business Review 

Journal Article
Anatomy of a \\"fiscal crisis\\"

Business Review , Issue Jun , Pages 3-12

Journal Article
Patent reform: a mixed blessing for the U.S. economy?

The 1980s represented a period of dramatic change in the design and enforcement of U.S. intellectual property law. Many of these changes were adopted in the hopes of stimulating private research and development and improving the technological competitiveness of American industries. This article examines the effects of an especially important aspect of these changes: many more inventions qualify for patent protection than before. While it seems logical that making patents easier to obtain will encourage more inventive activity, economic analysis reveals this is not always true, and it is less ...
Business Review , Issue Nov , Pages 15-29

Journal Article
The complexities of monetary policy.

What happens when an academic researcher becomes a policymaker? Recently, President Anthony Santomero shared some thoughts on this topic with members for the Downtown Economists Club in New York City. In particular, he talked about several conundrums he's encountered since moving from the academy to the central bank. We've reprinted his speech "The Complexities of Monetary Policy" in this issue of the Business Review so that we can share President Santomero's insights with our readers as well.
Business Review , Issue Q2 , Pages 3-6

Journal Article
\\"We control the vertical\\": three theories of the firm

The author discusses three broad approaches to vertical integration. He then uses each approach, in turn, to examine the pros and cons of a firm's decision to integrate forward.
Business Review , Issue Q3 , Pages 13-22

Journal Article
Current monetary dilemmas: How effective is orthodoxy in an unorthodox world?

Business Review , Issue Nov , Pages 5-9

Journal Article
International banking in Philadelphia

Business Review , Issue Jan , Pages 5-12

Journal Article
Explaining long-term unemployment: a new piece to an old puzzle

Business Review , Issue May , Pages 15-23

Journal Article
Changing tides for North Atlantic ports

Business Review , Issue Jan/Feb , Pages 15-26

Journal Article
What's the point of credit scoring?

Credit scoring is already widely used for consumer lending and is becoming more commonly used in mortgage lending. Now, small business lending is getting into the scoring act. What does this mean for the commercial loan industry? And will it benefit small businesses? In this article, Loretta Mester explains the basics of credit scoring, discusses some of the models used, and looks at some of the implications of the wider use of credit scoring.
Business Review , Issue Sep , Pages 3-16

Journal Article
A farewell from President Santomero

President Anthony M. Santomero reflects on the economic challenges and changes during his tenure as president over the past six years and summarizes some of the Bank?s accomplishments.
Business Review , Issue Q1 , Pages 1-2

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Carlino, Gerald A. 25 items

Mester, Loretta J. 25 items

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Berlin, Mitchell 21 items

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