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Journal Article
The product market in commercial banking: Cluster's last stand?
Rosenblum, Harvey; O'Brien, Kit; DiClemente, John J. (1985-01)
Economic Perspectives , Volume 9 , Issue Jan , Pages 21-34

Journal Article
Japan's corporate groups
Genay, Hesna (1991)
Economic Perspectives , Volume 15 , Issue Jan , Pages 20-30

Journal Article
Cyclical implications of the Basel II capital standards
Kashyap, Anil K.; Stein, Jeremy C. (2004)
This article reviews the economic efficiency implications of the Basel II capital standards. The authors argue that the mapping from measures of loan risk to capital requirements should not be time-invariant, but rather should be allowed to vary with business cycle conditions. They also attempt to assess empirically how much cyclicality in capital requirements might be induced by the current Basel II proposal. They find that the degree of cyclicality can be substantial.
Economic Perspectives , Volume 28 , Issue Q I , Pages 18-31

Journal Article
The bucks stop elsewhere: The Midwest's share of federal R&D
Erdevig, Eleanor H. (1984)
Economic Perspectives , Volume 8 , Issue Nov

Journal Article
What We Learn from a Sovereign Debt Restructuring in France in 1721
Velde, Francois R. (2016)
A debt is a promise to perform a certain action (make a payment) in the future. A default is a failure to perform the action when the time comes to do so. If performance of the action were always in my interest, the promise to perform it would be superfluous. When we promise to do something, it is precisely because we may well not want to do it. Debt usually takes the form of a contract, which courts can enforce. But sovereign debt (debt issued by governments) is harder to enforce, because governments aren?t easily constrained by courts. How can sovereign governments make promises and be ...
Economic Perspectives , Issue 5 , Pages 1-17

Journal Article
The grass may not be greener: commercial banks and investment banking
Dale, Betsy (1988)
Economic Perspectives , Volume 12 , Issue Nov , Pages 3-13

Journal Article
The state of the state and local government sector: fiscal issues in the Seventh District
Mattoon, Richard H. (2004)
This article reviews the state and local budget situation, particularly in the states of the Seventh Federal Reserve Districts (Illinois, Indiana, Iowa, Michigan, and Wisconsin). These states have pursued different fiscal policies over the last decade and have relied on different tax structures to pay for government, yet all are facing significant budget shortfalls.
Economic Perspectives , Volume 28 , Issue Q I , Pages 2-17

Journal Article
The increasing importance of retailers' inventories
Worthington, Paula R. (1998)
Although inventory--sales (IS) ratios and inventory volatility have declined somewhat since the early 1980s, little evidence supports the view that declining IS ratios are associated with declines in inventory investment volatility. In the retail sector, IS ratios have risen and inventory investment volatility has, at best, not increased, pointing to a more significant role in future cyclical fluctuations.
Economic Perspectives , Volume 22 , Issue Q III

Journal Article
The price of bank mergers in the 1990s
Brewer, Elijah; Jackson, William E.; Jagtiani, Julapa; Nguyen, Thong (2000)
This article examines the primary motivations for the massive wave of bank mergers in the U.S. during the 1990s by analyzing the prices paid for target banks. The authors find that these prices reflect both general market and firm-specific characteristics. For example, the lifting of regulatory restrictions on geographic markets for bank mergers has a significant impact on the average price paid. Additionally, more profitable target banks tend to command a significantly higher market price.
Economic Perspectives , Volume 24 , Issue Q I , Pages 2-23

Journal Article
Government: the federal government shifts gears
anonymous (1979)
Economic Perspectives , Volume 3 , Issue Jan , Pages 18-20

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