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Keywords:Regional economics 

Journal Article
Recovery will gain momentum in spring

Regional Update , Issue Jan , Pages 6-8

Journal Article
The sectoral and regional effects of oil shocks: who's over a barrel?

An examination of how higher-priced oil affects various regions and business sectors, citing evidence that the oil shock accompanying Iraq's invasion of Kuwait will have a smaller impact on the overall U.S. economy than that of previous shocks.
Economic Commentary , Issue Jan

Working Paper
Structural breaks and regional disparities in the transmission of monetary policy

Using a regional VAR, we find large differences in the effects of monetary policy shocks across regions of the United States. We also find that the region-level effects of monetary policy differ a great deal between the pre-Volcker and Volcker-Greenspan periods in terms of their depth and length. The two sample periods also yield very different rankings of the regions in terms of the effects of monetary policy. Our regional VAR also suggests that aggregate VARs that ignore regional variations can suffer from severe aggregation bias. We use the results of our regional VAR to find evidence that ...
Working Papers , Paper 2003-008

Journal Article
Comparing manufacturing export growth across states: what accounts for the differences?

The expansion of United States manufacturing exports has spread unevenly across states. Cletus C. Coughlin and Patricia S. Pollard use shift-share analysis to account for the difference between a state?s manufacturing export growth and national manufacturing export growth between 1988 and 1998. Three effects are examined. The industry mix effect indicates that a state should have experienced export growth above the national average if its exports were relatively more concentrated in industries whose exports expanded faster than the national average. The destination effect indicates that a ...
Review , Volume 83 , Issue Jan , Pages 25-40

Journal Article
A dynamic economy means churning employment

Fedgazette , Volume 17 , Issue Mar , Pages 19

Journal Article
Timothy J. Kehoe on the regional impact of international trade

Interview with Timothy J. Kehoe.
Fedgazette , Volume 17 , Issue Jul , Pages 13-16

Journal Article
F.Y.I.: testing the informativeness of regional and local retail sales data

A large collection of published and unpublished retail sales estimates produced by the U.S. Department of Commerce provides potentially valuable current and historical estimates and industry detail for several regions of the country dating back to 1978. Analysts may find these data particularly useful as supplements to published data in monitoring retail spending in some states and metropolitan statistical areas. ; This article examines whether the breadth of detail the data offer can offset such limitations as small sample size and volatility. The author analyzes the information provided by ...
Economic Review , Volume 80 , Issue Jul , Pages 39-49

Journal Article
Accounting for changes in manufactured exports at the state level: 1976-86

Review , Issue Sep

Journal Article
Current economic conditions in the Eighth Federal Reserve District. Memphis zone

Burgundy Books , Issue Sep

Journal Article
Regional economic conditions and the FOMC votes of district presidents

It is often argued that the institutional structure of the Federal Reserve System influences the formulation and attainment of national monetary policy goals. District Bank presidents do play a major role in the formulation of monetary policy. The Federal Reserve Bank of New York always has one of twelve votes at the policy-making Federal Open Market Committee (FOMC) meetings, and four of the remaining eleven votes rotate among the other Reserve Bank presidents. ; This article tests whether regional economic performance excessively influences the votes of District Bank presidents. The article ...
New England Economic Review , Issue Mar , Pages 3-16

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