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Series:Chicago Fed Letter 

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Financial Accounting Standard no. 133--the reprieve

Chicago Fed Letter , Issue Jul

Newsletter
How much of the decline in unemployment is due to the exhaustion of unemployment benefits?

Prior studies have examined the impact of extended unemployment insurance (UI) benefits on the rise in the unemployment rate in this recession and early recovery. We use real-time microdata from the Bureau of Labor Statistics? Current Population Survey (CPS) to examine whether there has been a reverse effect recently as benefits have been exhausted. We find that if UI benefits had lasted indefinitely, the unemployment rate would have been cumulatively about 0.1 to 0.3 percentage points higher between October 2009 and January 2011, which represents about 10% to 25% of the decline in the actual ...
Chicago Fed Letter , Issue July

Newsletter
Reforming financial regulation - a conference summary

The Chicago Fed?s 45th annual Conference on Bank Structure and Competition, which took place May 6?8, 2009, brought together industry personnel, regulators, and academics to discuss the recent financial crisis and financial regulatory reform, among other issues.
Chicago Fed Letter , Issue Mar

Newsletter
Islamic finance in the United States: a small but growing industry

This article provides an overview of the potential market for Islamic finance and some of the challenges providers face in serving this unique market.
Chicago Fed Letter , Issue May

Newsletter
Personal bankruptcies in retrospect

Chicago Fed Letter , Issue Dec

Newsletter
New data on mortgage lending

Chicago Fed Letter , Issue Jul

Newsletter
Employment growth in higher-paying sectors

Chicago Fed Letter , Issue Sep

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
Cross-state evidence on the relationship between unemployment and wage growth

Chicago Fed Letter , Issue May

Newsletter
The Great Lakes border economy

Chicago Fed Letter , Issue Jul

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Strauss, William A. 61 items

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