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Bank:Federal Reserve Bank of Kansas City  Series:Economic Review 

Journal Article
Small and large bank views of deposit insurance: today vs. the 1930s

Economic Review , Volume 75 , Issue Sep , Pages 23-35

Journal Article
Detecting recessions in the Great Moderation: a real-time analysis

The nature of the business cycle, particularly in the United States, has changed dramatically over the past several decades. In the 1970s and early 1980s, the U.S. economy often whipsawed up and down. Since then, real economic activity stabilized considerably, entering a period economists call the ?Great Moderation.? With the ups and downs of the economy becoming less dramatic, it has become harder to determine in real-time when the economy dips into recession. ; Economists have a variety of methods to determine when the economy is entering a recession. These methods range from directly ...
Economic Review , Volume 93 , Issue Q IV , Pages 5-33

Journal Article
U.S. energy policy in a changing market environment

Economic Review , Volume 71 , Issue Sep , Pages 16-30

Journal Article
Agricultural Cycles and Implications for the Near Term: Agricultural Symposium 2019

While several indicators suggest that a repeat of the 1980s farm crisis is unlikely, the length of the current agricultural downturn may take a toll.
Economic Review , Issue Special Issue 2019 , Pages 5-25

Journal Article
What do expected changes in U.S. job structure mean for states and workers in the Tenth District?

Public interest in the future structure of the U.S. labor market has been understandably high in recent years, for several reasons. Some types of manufacturing and service jobs are going offshore. The recovery in employment from the 2001 recession has been sluggish. And the quality of job creation has been called into question. Against this backdrop, policymakers, businesses, workers, and students in the Tenth Federal Reserve District are asking difficult questions about the future of jobs in their area. Will local industries increase or decrease employment in the years ahead? What types of ...
Economic Review , Volume 90 , Issue Q II , Pages 59-93

Journal Article
Agricultural biotechnology: dividends and drawbacks

Economic Review , Volume 76 , Issue May , Pages 43-55

Journal Article
Monetary policy in 1980 and 1981

Economic Review , Volume 65 , Issue Dec , Pages 18-25

Journal Article
The impact of an aging U.S. population on state tax revenues

As the baby boom generation retires, the nation?s labor force participation rate is expected to decline. And since most people earn less and spend less during retirement, the aging of the U.S. population will likely reduce income and sales tax revenue per capita for state governments. Felix and Watkins draw from data on different age groups? earning and spending patterns to assess how projected changes in the age distribution across the American population are likely to affect earning and spending?and therefore state revenue from income taxes and sales taxes. They find that demographic change ...
Economic Review , Issue Q IV , Pages 95-127

Journal Article
Social Security privatization: balancing efficiency and fairness

This article examines these fundamental issues of economic efficiency and fairness that should be weighed when considering Social Security privatization. The first section summarizes the challenges to the current system and outlines various options for reform. The second section explains how privatization could improve economic efficiency, and briefly considers the difficult issue of the transition costs in moving from the current system to full privatization. The third section discusses important issues of fairness within and across generations. Any decision to privatize Social Security will ...
Economic Review , Volume 82 , Issue Q III , Pages 21-36

Journal Article
Access to Electronic Payments Systems by Unbanked Consumers

Fumiko Hayashi identifies electronic payment products that can mitigate unbanked consumers? problems with the banking system.
Economic Review , Issue Q III , Pages 51-76




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