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Journal Article
War loan drive and the money market
Journal Article
Fourth war loan drive
Working Paper
Entrepreneurship and government subsidies under capital constraints: a general equilibrium analysis
This paper studies the interaction of capital constraints with business formation, growth and destruction, and the policy implications of this interaction. A dynamic general equilibrium model is constructed and shown to be consistent with recent empirical finding on this subject. In the model, agents face uninsurable income risk and costly financial intermediation, and they choose to be either a worker or an entrepreneur. A calibrated version of the model is used to examine two government assistance programs: loan guarantees and grants. The main findings are that both programs can improve ...
Journal Article
Government loan and guarantee programs
Journal Article
President's message
Journal Article
Foreign housing finance: America’s unique mortgage finance system is facing renovation. The approaches of other developed nations may provide some guidance for reform.
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q2/cover_weblinks.cfm
Journal Article
Budgets and borrowing
Journal Article
Editor's introduction
Journal Article
Spending and borrowing
Journal Article
Government loan, guarantee, and grant programs: an evaluation