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Series:Economic Perspectives 

Journal Article
How do benefit adjustments for government transfer programs compare with their participants' inflation experiences?

The authors measure the inflation experienced by demographic groups that likely received benefits from major government transfer programs during the period 1980?2010. They then compare the group-specific inflation measures with the transfer programs? benefit adjustments, which are typically based on aggregate inflation. The extent to which the program benefits keep up with group inflation differs across the programs and their targeted groups, depending on both the ways in which the benefits are adjusted for price changes and the spending patterns of the various groups.
Economic Perspectives , Volume 35 , Issue Q IV

Journal Article
An alternative measure of inflation

The author proposes an alternative measure of inflation that captures the intuition behind the use of "core" measures. Inflation is modeled as an unobserved factor affecting the components of an aggregate price index (including food and energy). The common component, estimated using Kalman filtering, resembles usual measures of core inflation; its extrapolation can be used to improve performance in forecasting core inflation.
Economic Perspectives , Volume 30 , Issue Q I

Journal Article
The geographic distribution of financial institutions in Chicago

Economic Perspectives , Volume 18 , Issue Jan , Pages 10-27

Journal Article
Professional employer organizations: What are they, who uses them, and why should we care?

Using both public and confidential data, the authors summarize how the intensity of use of professional employer organization (PEO) services varies across industries and geographical areas. Their analyses using microdata of manufacturing establishments suggest that the use of PEO services depends on the size of the establishment and of its parent firm. The use of PEO services is greater for newly constructed establishments, as well as for establishments with a potentially high injury and illness rate. Greater diversification across industries and geographical areas of a parent firm may also ...
Economic Perspectives , Volume 32 , Issue Q IV

Journal Article
How does an increase in government purchases affect economy?

This article studies the impact on aggregate economic activity of increases in defense purchases which are unrelated to other developments in the economy. The authors use empirical evidence to evaluate the predictions of several prominent models.
Economic Perspectives , Volume 22 , Issue Q III , Pages 29-43

Journal Article
Slow work force growth: a challenge for the Midwest?

If today's tight labor market in the Midwest can be sustained, as now seems likely, the region's policymakers and businesses will face problems associated with labor-constrained growth rather than the underemployment of the recent past. An era of tight labor markets can be expected to add impetus to public policies that improve labor market efficiency, along with those that address perceived labor market imperfections.
Economic Perspectives , Volume 23 , Issue Q II

Journal Article
The geography of lean manufacturing: recent evidence from the U.S. auto industry

Economic Perspectives , Volume 19 , Issue Nov

Journal Article
New six-month money market certificates—explanations and implications

Economic Perspectives , Volume 2 , Issue Jul , Pages 3-7

Journal Article
The Depository Institutions Deregulation and Monetary Control Act of 1980

Economic Perspectives , Volume 4 , Issue Sep

Journal Article
25th conference on bank structure and competition

Economic Perspectives , Volume 13 , Issue Sep

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