Have the characteristics of high-earning banks changed? Evidence from Ohio
An analysis of the effects of deregulation on the earnings of Ohio banks in the last decade, finding that the top-performing financial institutions earned even higher returns on assets after deregulation, while the earnings of poorly managed banks deteriorated.
Midyear report of the Fourth District Economists' Roundtable
A summation of the May 20, 1994 meeting of the Fourth District Economists' Roundtable, at which participants offered their views on the current and prospective state of the economy and discussed the limitations of describing the U.S. business cycle.
An analysis of foreclosure rate differentials in soft markets
A quantile regression model is used to identify the main neighborhood characteristics associated with high foreclosure rates in weak market neighborhoods, specifically for two counties in Ohio and one in Pennsylvania. A decomposition technique by Machado and Mata (2005) allows separating foreclosure filing rate differentials across counties into two components: the first due to differences in the levels of neighborhood characteristics and the second due to differences in the model parameters. At higher than median rates, foreclosure rate differentials between counties in Ohio are mainly ...
REO and vacant property strategies for neighborhood stabilization: Reserve Bank Presidents’ perspective, a speech presented at the Neighborhood Stabilization Summit in Washington, D.C. on September 2, 2010
In a speech at the REO and Vacant Property Strategies for Neighborhood Stabilization Summit, Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto discussed the weak housing market in her region and some of the ideas that have emerged from the Bank's research and outreach efforts related to the housing crisis. She concluded by describing a new proposal to use the Community Reinvestment Act's flexibility to channel more resources to REO disposition.
2003 Environmental Assessment Survey
The Community Affairs Office of the Federal Reserve Bank of Cleveland conducted an environmental assessment survey in early 2003 to better understand current trends affecting access to capital and credit in low- and moderate-income communities. Topics of interest included trends affecting financial institutions' ability to serve the credit needs of individuals and businesses; community reinvestment needs; local or regional economic conditions that are affecting community reinvestment and economic development; opportunities and threats at the grassroots level that are influencing access to ...
Deregulation and deposit pricing
A deposit-pricing survey and comparison of 112 depository institutions in the Fourth Federal Reserve District, covering MMDAs, Super-NOWS, and CDs in an examination of the effect of interest-rate deregulation on banks and thrifts.
The growth of cities in the Fourth District
Many Fourth District cities have experienced relatively weak population growth over the past half century. One possible reason some cities have recently grown more is because they have better educated workforces. Recent research suggests that the educational attainment of residents is critical to population growth, particularly for cities in the Northeast and Midwest.