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Discussion Paper
Economic distress and resurgence in U.S. central cities: concepts, causes, and policy levers
Munoz, Ana Patricia; Kodrzycki, Yolanda (2013)
This paper provides a review of the literature on U.S. central city growth and distress during the second half of the twentieth century. It finds that city growth tended to be higher in metropolitan areas with favorable weather, higher growth, and greater human capital, while distress was strongly correlated with city-level manufacturing legacy. The article affirms that distress has been highly persistent, but that some cities have achieved resurgence through a combination of strong leadership, collaboration across sectors and institutions, clear and broad-based strategies, and significant ...
Public Policy Discussion Paper , Paper 13-3

Conference Paper
Equity finance and the economic transition of rural America : a new framework for private-sector initiatives and positive economic public policy
Brophy, David J.; Mourtada, Wassim (1999-08)
Proceedings – Rural and Agricultural Conferences , Issue Aug , Pages 107-164

Journal Article
On the record: putting people into economic policy: a conversation with Finn Kydland
Kydland, Finn E. (2008-05)
Finn Kydland, a Dallas Fed consultant since 1994, shared the 2004 Nobel Prize in economics with Edward C. Prescott for their groundbreaking work incorporating decisionmaking by individuals, households and firms into economic models.
Southwest Economy , Issue May , Pages 8-9

Working Paper
The political polarization index
Azzimonti-Renzo, Marina (2013)
American politics have become increasingly polarized in recent decades. To the extent that political polarization introduces uncertainty about economic policy, this pattern may have adversely affected the economy. According to existing theories, a rise in the volatility of fiscal shocks faced by individuals should result in a decline in economic activity. Moreover, if polarization is high around election dates, businesses and households may be induced to delay decisions that involve high reversibility costs (such as investment or hiring under search costs). Testing these theories has been ...
Working Papers , Paper 13-41

Speech
Economic policy: lessons from history: a speech at the 43rd Annual Alexander Hamilton Awards Dinner, Center for the Study of the Presidency and Congress, Washington, D.C., April 8, 2010
Bernanke, Ben S. (2010)
Speech , Paper 512

Journal Article
Jargon alert : Regulatory capture
Nash, Betty Joyce (2010-07)
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2010/q3/jargon_alert_weblinks.cfm
Econ Focus , Volume 14 , Issue 3Q , Pages 12

Report
Great expectations and the end of the depression
Eggertsson, Gauti B. (2005)
This paper argues that the U.S. economy's recovery from the Great Depression was driven by a shift in expectations brought about by the policy actions of President Franklin Delano Roosevelt. On the monetary policy side, Roosevelt abolished the gold standard and-even more important-announced the policy objective of inflating the price level to pre-depression levels. On the fiscal policy side, Roosevelt expanded real and deficit spending. Together, these actions made his policy objective credible; they violated prevailing policy dogmas and introduced a policy regime change such as that ...
Staff Reports , Paper 234

Working Paper
Polarized business cycles
Azzimonti-Renzo, Marina (2013)
We are motivated by four stylized facts computed for emerging and developed economies: (i) business cycle movements are wider in emerging countries; (ii) economies in emerging countries experience greater economic policy uncertainty; (iii) emerging economies are more polarized and less politically stable; and (iv) economic policy uncertainty is positively related to political polarization. We show that a standard real business cycle (RBC) model augmented to incorporate political polarization, a `polarized business cycle' (PBC) model, is consistent with these facts. Our main hypothesis is that ...
Working Papers , Paper 13-44

Speech
The optimal inflation target in an economy with limited enforcement
Antinolfi, Gaetano; Azariadis, Costas; Bullard, James B. (2008)
Presented at Indiana University.
Speech , Paper 166

Journal Article
A policymakers' guide to economic forecasts
Strongin, Steven; Binkley, Paula (1988-05)
Economic Perspectives , Volume 12 , Issue May , Pages 3-10

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