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Journal Article
New York City's economy before and after September 11
An analysis of employment and income trends suggests that the economic impact of the September 11 attack on New York City was somewhat less severe than originally thought. The attack created sizable job and income losses, but the city's current downturn appears to stem largely from other, cyclical factors - namely, the national economy and the financial markets.
Newsletter
The economic cost of war
It is difficult to measure the cost of the Iraq war and related expenses; it is at least as difficult to decide exactly what costs to measure. The May 2008 issue compares the two most widely cited estimates: one from the Congressional Budget Office and the other from researchers Joseph Stiglitz and Linda Bilmes. The newsletter also compares these estimates to U.S. GDP over the same time frame to get a better sense of the war's cost in relation to the entire U.S. economy.
Journal Article
Income, supplies, and prices
Journal Article
Wartime production and income
Journal Article
The comparative growth performance of the U.S. economy in the postwar period
Productivity growth is the single most important determinant of improvements in a country's living standards over time. Accordingly, the U.S. productivity slowdown of the past two decades has caused great concern and sparked much debate. ; In this article, Mark A. Wynne argues that the problems associated with the U.S. slowdown may be overstated. Wynne shows that the rates of productivity growth experienced in the immediate postwar period were extraordinary in comparison with historical standards. Thus, some slowdown was probably unavoidable. U.S. productivity performance in comparison with ...
Journal Article
First impact of war on the economy
Journal Article
Commodity supplies and prices
Journal Article
The U.S. economy after September 11
This Economic Letter is adapted from remarks by Robert T. Parry, President and CEO of the Federal Reserve Bank of San Francisco, delivered on November 19, 2001, to the 24th Annual Real Estate and Economics Symposium sponsored by U.C. Berkeley's Fisher Center for Real Estate and Urban Economics
Working Paper
An investigation into the magnitude of foreign conflicts
Journal Article
Effects of war on American markets