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Series:Chicago Fed Letter 

Newsletter
A regional perspective on the U.S. business cycle

Chicago Fed Letter , Issue Nov

Newsletter
A retrospective on the Asian crisis of 1997: was it foreseen?

Chicago Fed Letter , Issue Jan

Newsletter
The ups and downs of commodity price indexes

Chicago Fed Letter , Issue Dec

Newsletter
Vehicle sales in 2003: a good down-year

Chicago Fed Letter , Issue Jul

Newsletter
How Similar Are Credit Scores Across Generations?

With the rise in economic inequality in the United States in recent decades, there has been growing concern about whether there is a sufficient degree of equality of opportunity in our society. Policymakers and researchers alike often focus on studies of intergenerational mobility as a way of assessing opportunity. These studies typically analyze distinct aspects of socioeconomic status, such as income, education, occupational status, and health, and measure the association in these outcomes between parents and their adult children.1 If the association (level of similarity) is very high, then ...
Chicago Fed Letter

Newsletter
Transitions: the state of the automotive industry–a summary

The United States automotive industry has been undergoing tremendous changes in recent years. Speakers at a recent Chicago Fed conference explored these changes and considered the road to the future for the auto industry.
Chicago Fed Letter , Issue Sep

Newsletter
Chicago's economic transformation from 1970 to 2000

Chicago Fed Letter , Issue Aug

Newsletter
Interest-only mortgages and speculation in hot housing markets

Even as housing markets have temporarily shut down across the U.S. during the Covid-19 pandemic, housing remains a key sector that contributes disproportionately to fluctuations in overall economic activity and that will likely play an important role as the economy reopens. Interest in this market among research economists and policymakers intensified after the exceptional boom and bust in housing between 2003 and 2008. In this Chicago Fed Letter, we describe research in Barlevy and Fisher (2020)1 that examined patterns in the kinds of mortgages homebuyers took out in different cities during ...
Chicago Fed Letter , Issue 439 , Pages 6

Newsletter
Global banking and national regulation: a conference summary

Although banking across national borders has expanded rapidly, banking regulation remains nationally based. As a result, governments and financial institutions face significant challenges when instability arises. At the Chicago Fed?s International Banking Conference, participants explored cross-border banking issues and ways to improve the current system.
Chicago Fed Letter , Issue Mar

Newsletter
The VW Scandal and Evolving Emissions Regulations

In September 2015, Volkswagen (VW) admitted to having programmed nearly 11 million of its diesel vehicles to cheat on tailpipe emissions tests. To put VW?s emissions rigging into a broader context, the authors review the different approaches that the U.S. and Europe have historically taken in regulating automotive emissions and fuel economy. Moreover, they discuss the scandal?s implications for regulatory changes in both regions.
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