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Conference Paper
Macroeconomic implications of the new economy : commentary
Taylor, John B. (2001)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Information and Communications Technology Spending and City Size
Rubinton, Hannah; Isaacson, Maggie (2021-04-26)
Firms in big cities are spending more on information and communications technology than firms in small cities, a likely cause of the growing economic divide between big and small U.S. cities.
Economic Synopses , Issue 7 , Pages 1-2

Conference Paper
Economic policy for the information economy : a summary of the Bank's 2001 Economic Symposium
Hakkio, Craig S. (2001)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
The Tech Pulse Index: recent trends in tech-sector activity
Hobijn, Bart (2009)
This Economic Letter introduces the new Tech Pulse Index, a measure that tracks economic activity in the U.S. information technology (IT) sector. The index first appeared under the sponsorship of the Federal Reserve Bank of New York; due to substantial revisions of the econometric model and source data used in the current version, it is not directly comparable to versions released by the New York Fed before August 2008. Starting January 14, 2009, the index will be published every second Wednesday of the month by the San Francisco Fed's CSIP (Center for the Study of Innovation and ...
FRBSF Economic Letter

Report
Productivity growth and the \\"new economy\\"
Browne, Lynn E.; McIntyre, Lee; Minehan, Cathy E. (1999)
Annual Report

Conference Paper
Economic policy for the information economy : general discussion : overview panel
Fischer, Stanley (2001)
Proceedings - Economic Policy Symposium - Jackson Hole

Report
Have financial markets become more informative?
Philippon, Thomas; Bai, Jennie; Savov, Alexi (2012)
The finance industry has grown. Financial markets have become more liquid. Information technology has improved. But have prices become more informative? Using stock and bond prices to forecast earnings, we find that the information content of market prices has not increased since 1960. The magnitude of earnings surprises, however, has increased. A baseline model predicts that as the efficiency of information production increases, prices become more disperse and covary more strongly with future earnings. The forecastable component of earnings improves capital allocation and serves as a direct ...
Staff Reports , Paper 578

Conference Paper
The new economy : background, historical perspective, questions, and speculations : commentary
Rivlin, Alice M. (2001)
Proceedings - Economic Policy Symposium - Jackson Hole

Working Paper
IT investment and Hicks' composite-good theorem: the U.S. experience
Marquez, Jaime R.; Wang, Shing-Yi (2003)
We study whether aggregation residuals in U.S. private investment in information technology (IT) exhibit a predictable pattern that is consistent with Hicks' composite-good theorem and that may be used for forecasting. To determine whether one can extract such a pattern, we apply the general-to-specific strategy developed by Krolzig and Hendry (2001). This strategy combines ordinary least squares with a computer-automated algorithm that selects a specification based on coefficients' statistical significance, residual properties, and parameter constancy. Then, we derive the testable ...
International Finance Discussion Papers , Paper 767

Journal Article
Preparing for the 21st century economy.
Santomero, Anthony M. (2005-01)
After 30 years of university teaching and almost five years as a Reserve Bank president, Anthony M. Santomero knows the importance of education to a well-functioning economy. In recent years, he has seen several broad, long-term trends emerge-trends that will undoubtedly shape our environment and our economic fortunes. In "Preparing for the 21st Century Economy," he talks about two trends he deems to be of particular importance. First is the steady increase in international trade that has spilled over from the second half of the 20th century into the new millennium. Second is the ...
Business Review , Issue Q1 , Pages 1-6

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