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Series:Business Review 

Journal Article
The unemployment rate: time to give it a rest?

Business Review , Issue May , Pages 11-18

Journal Article
Does the federal tax treatment of housing affect the pattern of metropolitan development?

The U.S. tax code allows home owners to deduct mortgage interest and property taxes on their federal income tax forms. It also gives special treatment to the capital gains realized from the sale of owner-occupied housing. These advantages encourage investment in owner-occupied housing. But do these tax breaks have other, more far-reaching consequences? In this article, Dick Voith looks at how the tax code's special treatment of owner-occupied housing may affect metropolitan development
Business Review , Issue Mar , Pages 3-16

Journal Article
Anatomy of a fiscal crisis

Business Review , Issue Sep/Oct , Pages 15-22

Journal Article
Market views of monetary policy and reactions to M1 announcements

Business Review , Issue Mar/Apr , Pages 9-17

Journal Article
For better and for worse: three lending relationships

Are close, long-term relationships between borrowers and lenders feasible in an increasingly competitive financial marketplace? How do relationships that have developed between banks and firms change when firms gain access to alternative funding sources, especially public securities markets? Can firms gain the best of both worlds by a judicious mixture of bank and public borrowing? Using three firms as examples, Mitchell Berlin sizes up the pros and cons of relationship lending.
Business Review , Issue Nov , Pages 3-12

Journal Article
Marking banks to market

Business Review , Issue Jul , Pages 13-22

Journal Article
The economic benefits and risks of derivative securities

Certain events have raised concern about the risks associated with derivatives trading--witness Orange County, California or Procter & Gamble, both of which lost large sums of money using derivatives. However, the popular discussion often loses track of the benefits derivatives hold for firms, investors, and the economy as a whole. Have derivatives received a bum rap? Keith Sill admits that derivatives have risks, especially to the uninitiated, but they also have a great deal of value for the economy as well
Business Review , Issue Jan , Pages 15-26

Journal Article
Monetary policy with a new view of potential GNP

Business Review , Issue Jul , Pages 3-10

Journal Article
Bank credit standards

Banks' lending standards at times seem too stringent and at other times too lax. The pattern seems to indicate that banks lend more easily in good times but tighten credit standards in lean times. But such a lending pattern may also be attributable to changes in borrowers' default risk over the business cycle or changes in the demand for loans, which rises and falls with GDP. Is there a systematic reason why banks might be too lax or too stringent in their lending? Economists have proposed a number of models to explain a bank lending cycle, including changes in bank capital, competition, or ...
Business Review , Issue Q2 , Pages 1-10

Journal Article
Changes in the use of electronic means of payment: 1995-2004

In ?Changes in the Use of Electronic Means of Payment: 1995-2004,? Loretta Mester has compiled information from the recently released 2004 Survey of Consumer Finances. She updates statistics indicating how the usages of various means of electronic payment have changed between 1995 and 2004. ; Also issued as Payment Cards Center Discussion Paper No. 06-06
Business Review , Issue Q2 , Pages 26-30

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Carlino, Gerald A. 25 items

Mester, Loretta J. 25 items

Santomero, Anthony M. 22 items

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Nakamura, Leonard I. 19 items

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