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Keywords:Economic conditions 

Working Paper
The quantitative importance of openness in development

This paper deals with a classic development question: how can the process of economic development ? transition from stagnation in a traditional technology to industrialization and prosperity with a modern technology ? be accelerated? Lewis (1954) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is limited by the savings rate of workers close to subsistence. We argue that access to capital goods in the world market can be quantitatively important in speeding up the transition. We develop a parsimonious open-economy model where ...
Working Papers , Paper 2013-025

Economic conditions and monetary policy

Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia> Risk Management Association, Philadelphia, PA> President Charles Plosser shares his views on growth, labor markets, and inflation expectations. He also discusses why he believes it would be appropriate for the Fed to communicate the amount of assets it intends to purchase in the current program and bring the purchases to a close.
Speech , Paper 87

Journal Article
District economic growth remains on track

Fedgazette , Volume 18 , Issue Jul , Pages 18-19

Monetary policy and a brightening economy

President Plosser discusses why he thinks the economy is on firmer footing than it has been for the past several years. He also discusses why he believes it is appropriate to end asset purchases and why he supported the FOMC's decision in January to continue to reduce the pace of purchases. President Plosser presented similar remarks at the Simon Business School in Rochester, NY, on February 5, 2014.
Speech , Paper 92

Journal Article
Spotlight on manufacturing in Oklahoma

Oklahoma continued to outpace the nation in economic growth during the early fall months. Payroll employment was up in October from a year ago, and the state is now above pre-recession employment levels. Manufacturing led Oklahoma?s job growth, while trade, transportation and utility firms also posted solid job gains. Energy employment has declined slightly, but still remains above year-ago levels.
Oklahoma Economist , Issue Q IV

Journal Article
The economic recovery—America's investment problem

President's Message.
The Regional Economist , Issue Jan

Journal Article
District/State economic conditions : State economic conditions

Econ Focus , Volume 11 , Issue Fall , Pages 46-51

Journal Article
Oil and the U.S. macroeconomy: an update and a simple forecasting exercise

Some analysts and economists recently warned that the U.S. economy faces a much higher risk of recession should the price of oil rise to $100 per barrel or more. In February 2008, spot crude oil prices closed above $100 per barrel for the first time ever, and since then they have climbed even higher. Meanwhile, according to some surveys of economists, it is highly probable that a recession began in the United States in late 2007 or early 2008. Although the findings in this paper are consistent with the view that the U.S. economy has become much less sensitive to large changes in oil prices, a ...
Review , Volume 90 , Issue Sep

How goes the recovery? Challenges for the nation, the region and the Fed

Remarks at the University of Rochester, Rochester, New York.
Speech , Paper 36

Economic conditions and monetary policy

Presented at the Economic Development Company and Economic Development Finance Corporation of Lancaster County Annual Meeting, March 6, 2013, Lancaster, PA
Speech , Paper 77



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Dudley, William 48 items

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Economic conditions 545 items

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