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Series:Economic Perspectives 

Journal Article
How the market judges bank risk

Economic Perspectives , Volume 10 , Issue Nov , Pages 25-31

Journal Article
Issues facing state and local government pensions

In the U.S., there are nearly 14 million state and local government workers and six million retirees who are owed more than $2.3 trillion dollars in eventual pension payouts by more than 2,000 different governments. The author discusses the current condition of state and local pension plans, as well as the strategies that are being used to help meet pension obligations.
Economic Perspectives , Volume 31 , Issue Q III , Pages 2-32

Journal Article
Understanding the great trade collapse of 2008–09 and the subsequent trade recovery

This article documents the Great Trade Collapse of 2008?09, as well as the dramatic recovery in trade of 2009?10. The authors consider how three distinct policy actions ? fiscal stimulus, funding for trade finance and a commitment to refrain from increasing trade barriers ? might have affected both the collapse and recovery.
Economic Perspectives , Volume 35 , Issue Q II

Journal Article
The right rabbit: Which intermediate target should the Fed pursue?

Economic Perspectives , Volume 8 , Issue May

Journal Article
Temporary help services and the volatility of industry output

To gain a better understanding of how fluctuations in output influence firms' decision to hire temporary workers, the authors examine the relationship between output volatility and the use of temporary labor. They find that, all things being equal, temporary employment is higher in states with more volatile industries and lower in states with a relatively high degree of co-movement of industry output fluctuations.
Economic Perspectives , Volume 27 , Issue Q II

Journal Article
Lessons from the history of money

This article looks at eight centuries of monetary history and asks: What happened and what have we learned? Money evolved from commodity-based to purely fiduciary, and in the trial-and-error process, governments learned some basic truths about price stability and the management of a sound currency.
Economic Perspectives , Volume 22 , Issue Q I

Journal Article
Agriculture in the seventies—a decade of turbulence

Economic Perspectives , Volume 2 , Issue Sep , Pages 3-11

Journal Article
Black/white differences in wealth

This article studies the extent to which the wide gap in the wealth holdings of whites and African Americans can be explained by differences in family income and demographic characteristics.
Economic Perspectives , Volume 24 , Issue Q I , Pages 38-50

Journal Article
Inflation and the growth rate of money

Economic Perspectives , Volume 14 , Issue Jan , Pages 2-11

Journal Article
Payment instrument choice: the case of prepaid cards

The costs and benefits to payment system participants can differ depending on which payment mechanism is used. The authors specifically explore the costs and benefits of prepaid card applications versus other payment instruments, such as cash, checks, and debit cards, for certain payment segments, including gift, payroll, and employer-initiated and government benefit programs.
Economic Perspectives , Volume 30 , Issue Q II , Pages 29-43




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