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Newsletter
Rules and Discretion in Life Insurance Regulation
In this Chicago Fed Letter, we illustrate how regulators have used rule-based and principle-based approaches to set the minimum level of reserves and capital for insurers. We use examples to show the trend toward more principle-based regulation.
AUTHORS: Drexler, Alejandro; Mohey-Deen, Zain; Rosen, Richard J.
DATE: 2017
Newsletter
The North American Free Trade Agreement: the ties that bind
AUTHORS: Aguilar, Linda M.
DATE: 1992-09
Newsletter
Assessing the Midwest economy--a longer view
AUTHORS: Klier, Thomas H.
DATE: 1996-07
Newsletter
A “Principled” Approach to International Guidance for Central Counterparties
Following the 2007?08 financial crisis, the G20 agreed to implement a clearing mandate, requiring all standardized over-the-counter derivatives to be cleared through a central counterparty (CCP). The central role of CCPs in post-crisis financial markets has increased the interest of both national authorities and international standard setters in CCP regulation.
AUTHORS: Lewis, Rebecca
DATE: 2018
Newsletter
Does Automation Always Lead to a Decline in Low-Wage Jobs?
To what extent are low-wage jobs in the United States being replaced by technology? Our research suggests that low-wage jobs that are intensive in routine cognitive tasks, such as cashier, were supplanted by automation during the 2000s. Moreover, since the Great Recession, jobs intensive in both routine manual and routine cognitive tasks have been negatively impacted by automation. Nevertheless, the overall effect on individual low-wage workers has been surprisingly small.
AUTHORS: Aaronson, Daniel; Phelan, Brian J.
DATE: 2019
Newsletter
State tax revenues over the business cycle: patterns and policy responses
State tax revenues have become far more sensitive to changing economic conditions since the turn of the century. The authors document this increasing volatility and offer suggestions for what state governments might do to better manage their tax revenues to avoid or minimize dramatic fiscal downturns.
AUTHORS: Mattoon, Richard H.; McGranahan, Leslie
DATE: 2012-06
Newsletter
1989 outlook: steady, sustainable
AUTHORS: Cummins, Philip A.; Schnorbus, Robert H.
DATE: 1989-02
Newsletter
A regional approach to measures of import activity
AUTHORS: Hervey, Jack L.
DATE: 1999-11
Newsletter
Global financial crisis and economic development
AUTHORS: Sen, Surya
DATE: 1999-08
Newsletter
An electronic supply chain: will payments follow?
AUTHORS: Chakravorti, Sujit; Davis, Erin
DATE: 2004-09
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Brave, Scott 14 items
Evanoff, Douglas D. 14 items
Hervey, Jack L. 14 items
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Engel, Emily 12 items
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Rosen, Richard J. 10 items
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Sen, Surya 6 items
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