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Bank:Federal Reserve Bank of San Francisco  Series:Economic Review 

Journal Article
Performance of urban information technology centers: the boom, the bust, and the future

After being emblematic of the U.S. economic surge in the late 1990s, urban areas that specialize in information technology (IT) products have more recently been struggling with the aftermath of the IT spending bust. To what degree can they bounce back and reemerge as leaders of innovative activity and production in the IT sector? We examine the characteristics of some of the nations leading IT centers, linking these characteristics to a discussion of economic research concerning the sources of growth in urban industrial centers. Although each of these IT centers was hit hard by the IT bust ...
Economic Review

Journal Article
Tax policy and corporate capital structure

Economic Review , Issue Fall , Pages 37-51

Journal Article
Towards a theory of international banking

Economic Review , Issue Spr , Pages 5-8

Journal Article
Consumption, saving and asset accumulation

Economic Review , Issue Win , Pages 37-54

Journal Article
Financial intermediation, monetary policy, and equilibrium business cycles

Economic Review , Issue Fall , Pages 19-28

Journal Article
Bank capital standards for foreign exchange and other market risks

The Basle Committee on Banking Supervision has proposed methods for incorporating consideration of market risks--exchange rate, interest rate, and equity price risks--into risk-based capital standards for banks. This paper shows that the separate and seemingly different proposed approaches to the three sources of risk are consistent with one another, reflecting a single unifying theme. That theme is the measurement of risk through a weighting of two different measures of portfolio size, the gross position and the net position. A simple theoretical model demonstrates that such an approach ...
Economic Review

Journal Article
Has a strong U.S. economy meant a weak dollar?

Economic Review , Issue Spr , Pages 35-46

Journal Article
Exchange rates and monetary policy

Economic Review , Issue Spr , Pages 17-29

Journal Article
The \"great velocity decline\" of 1982-83: a comparative analysis of M1 and M2

Economic Review , Issue Sum , Pages 56-77

Journal Article
On federal deficits and their economic impact

Economic Review , Issue Sum , Pages 6-17

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