Search Results

Showing results 1 to 10 of approximately 391.

(refine search)
Bank:Federal Reserve Bank of Richmond  Series:Economic Quarterly 

Journal Article
An error-correction model of the long-term bond rate

Economic Quarterly , Issue Fall , Pages 49-68

Journal Article
CEO compensation : trends, market changes, and regulation

The average pay of a chief executive officer (CEO) in a top U.S. firm has increased six-fold in the last three decades. Simultaneously, the composition of pay has moved away from salary-based and increasingly toward performance-based compensation in the form of stock grants and stock option grants. This has strengthened the link between CEO pay and firm performance. Anecdotal evidence on the recent corporate fraud scandals suggests that some incentive problems remain unsolved. However, the academic literature reviewed in this article concludes that changes in market characteristics and the ...
Economic Quarterly , Volume 94 , Issue Sum , Pages 265-300

Journal Article
The U.S. establishment-size distribution: secular changes and sectoral decomposition

This article studies the U.S. establishment-size distribution from 1974?2006. The main findings are: (i) the size of the ?representative? establishment is relatively constant; (ii) the size distribution has become slightly more evenly distributed; (iii) the relative stability of aggregate statistics obscures important movements in the manufacturing and service sectors; (iv) both intra- and intersector changes contribute to aggregate changes; and (v) changes in the size distribution of firms are similar to those of establishments. These findings will be useful to calibrate and test models with ...
Economic Quarterly , Volume 95 , Issue Fall , Pages 419-454

Journal Article
Growth accounting with technological revolutions

Economic Quarterly , Issue Sum , Pages 1-22

Journal Article
Consumption, savings, and the meaning of the wealth effect in general equilibrium

Economic Quarterly , Issue Sum , Pages 53-71

Journal Article
Unit labor costs and the price level

Economic Quarterly , Issue Fall , Pages 35-52

Journal Article
Choices in banking policy

Economic Quarterly , Issue Spr , Pages 1-9

Journal Article
Bankers acceptances

Economic Quarterly , Issue Win , Pages 75-85

Journal Article
Essays from our Annual Reports, Part II

These essays address broad issues affecting the economic well-being of U.S. households. The topics largely deal with longer-run trends in the economy---phenomena that play out over longer intervals than the typical business cycle. As such, these issues shape the backdrop to the Federal Reserve's monetary policymaking. The broad trends discussed in these essays, as well as the public policy implications, fall mostly well outside the scope of monetary policy. But by identifying forces shaping the real economy, they help provide the context in which the Federal Reserve pursues its mandates for ...
Economic Quarterly , Issue 2Q , Pages 95-97

Journal Article
Should the Fed Have a Financial Stability Mandate? Lessons from the Fed's First 100 Years

President Jeffrey Lacker and Research Publications Content Manager Renee Haltom explore the Fed's role in financial stability. Following the global financial crisis of 2007--08, the Fed has been given enhanced regulatory responsibilities to prevent future crises. However, most of the Fed's actions in pursuit of financial stability have historically come through emergency lending once crises are underway. The authors conclude that arguments in favor of emergency lending are based on erroneous readings of history. Instead, emergency lending may undermine financial stability, as well as the ...
Economic Quarterly , Issue 1Q , Pages 49-75




FILTER BY Content Type


Hetzel, Robert L. 26 items

Sarte, Pierre-Daniel G. 21 items

Hornstein, Andreas 20 items

Weinberg, John A. 19 items

Wolman, Alexander L. 19 items

Mehra, Yash P. 18 items

show more (178)

FILTER BY Jel Classification

E24 2 items

J21 2 items

E3 1 items

E5 1 items

J26 1 items

FILTER BY Keywords

Monetary policy 62 items

Inflation (Finance) 52 items

Banks and banking 24 items

Business cycles 22 items

Interest rates 19 items

Prices 16 items

show more (256)