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Keywords:economic policy OR Economic policy 

Journal Article
Tracking productivity in real time

Because volatile short-term movements in productivity growth obscure the underlying trend, shifts in this trend may go unrecognized for years - a lag that can lead to policy mistakes and hence economic instability. This study develops a model for tracking productivity that brings in additional variables to help reveal the trend. The model's success is evident in its ability to detect changes in trend productivity within a year or two of their occurrence. Currently, the model indicates that the underlying trend remains strong despite recent weak productivity data.
Current Issues in Economics and Finance , Volume 12 , Issue Nov

Journal Article
Urban legends

For centuries, economists have struggled to explain why people and businesses gather in cities.
The Region , Volume 18 , Issue Sep , Pages 10-13, 54-59

Journal Article
Why Johnny can’t work

The Region , Volume 19 , Issue Jun , Pages 32-40

Conference Paper
Libertarian paternalism is not an oxymoron

The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice. Often people's preferences are ill-formed, and their choices will inevitably be influenced by default rules, framing effects, and starting points. In these circumstances, a form of paternalism cannot be avoided. Equipped with an understanding of behavioral findings of bounded rationality and bounded self-control, libertarian paternalists should attempt to steer people's choices in ...
Conference Series ; [Proceedings] , Volume 48 , Issue Jun

Report
A simple model of conflicting horizons

Research Paper , Paper 9417

Journal Article
Is the Fed slave to a defunct economist

Southwest Economy , Issue Sep , Pages 5-8

Journal Article
Stabilization policy : time for a reappraisal?

An abstract for this article is not available.
Economic Review , Volume 62 , Issue Mar , Pages 3-9

Journal Article
The effects of OPEC and economic policy on worldwide real interest rates

Economic Review , Issue Nov , Pages 26-41

Speech
Impact of the Great Recession on public schools in the region

Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Speech , Paper 74

Journal Article
Research spotlight: Have free markets failed us?

Related link: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2009/spring/research_spotlight_weblinks.cfm
Econ Focus , Volume 13 , Issue Spr , Pages 11

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