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Journal Article
How do businesses recruit?
Faberman, R. Jason
(2011-10)
Most economic theories of hiring and job seeking assume that businesses post vacancies when they demand more labor. Workers then apply for the job, and the most qualified candidate is hired. However, as those who have ever recruited or applied for a job know, the recruiting process is considerably more complex. In this article, Jason Faberman discusses some recent research on how employers recruit. It shows that the extent to which a business uses various recruiting channels depends on the characteristics of the employer, how fast the employer is growing (or contracting), and the overall ...
Business Review
, Issue Q4
, Pages 9-17
Journal Article
Changes in the use of electronic means of payment: 1995-2010
Mester, Loretta J.
(2012-07)
This article updates the information published in an article by Loretta Mester in the March/April 2000 Business Review and last updated in the Third Quarter 2009 issue.
Business Review
, Issue Q3
, Pages 25-36
Journal Article
How capital taxes harm economic growth: Britain versus the United States
Ohanian, Lee E.
(1997-07)
The different methods used by Great Britain and the United States to finance World War II had a significant impact on postwar economic growth in the two countries. In this article, Lee Ohanian discusses the evolution of war-finance policies in the two countries and examines how the different approaches?taxing capital income versus issuing government debt?led to differences in economic performance after the war.
Business Review
, Issue Jul
, Pages 17-27
Journal Article
Indexation: a reasonable response to inflation
Horrigan, Brian R.
(1981-09)
Business Review
, Issue Sep/Oct
, Pages 3-11
Journal Article
U.S. coins: forecasting change
Croushore, Dean
(2003-04)
Our next article talks about change-as in coins. Every year, the government produces about 70 new coins for every man, woman, and child. But the economy's need for coins can vary from year to year. So how do the U.S. Mint, which makes the coins, and the Federal Reserve, which distributes them, decide how many coins the economy needs? In "U.S. Coins: Forecasting Change," Dean Croushore highlights some facts about coins and describes how demand for change is forecast.
Business Review
, Issue Q2
, Pages 6-13
Journal Article
Where has all the paper gone? Book-entry delivery-against-payment systems
McAndrews, James J.
(1992-11)
Business Review
, Issue Nov
, Pages 19-30
Journal Article
Regional wrap-up '74: Doldrums descend on district economy
Keen, Howard
(1975-03)
Business Review
, Issue Mar
, Pages 16-22
Journal Article
The economics of small open economies
Guerron-Quintana, Pablo
(2013-10)
In recent years, the threat of sovereign debt crises has led investors to demand higher yields on bonds issued by heavily indebted developed countries such as Greece, Ireland, Spain, and Portugal. Pablo Guerron-Quintana explains why small open economies in both the developed and developing worlds share certain funding constraints and considers what lessons developed economies may draw from the experiences of their developing counterparts.
Business Review
, Issue Q4
, Pages 9-18
Journal Article
Risk-sensitive deposit insurance premia: some practical issues
Protopapadakis, Aris; Flannery, Mark J.
(1984-09)
Business Review
, Issue Sep/Oct
, Pages 3-10
Journal Article
Taxes, homeownership, and the allocation of residential real estate risks
Chatterjee, Satyajit
(1996-09)
Home equity is the predominant form of savings for most Americans because it helps them save on taxes. However, homeownership also determines how the risks of fluctuations in the value of residential real estate are borne. In this article, Satyajit Chatterjee looks at how the tax benefit of homeownership has moved households toward undiversified investments in risky residential real estate by making it costly for them to rent their homes. He also points out the often overlooked risk-allocation consequences of proposed changes in the U.S. tax code.
Business Review
, Issue Sep
, Pages 3-10
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