Search Results

SORT BY: PREVIOUS / NEXT
Series:Economic Commentary  Bank:Federal Reserve Bank of Cleveland 

Journal Article
12 Facts about Temporary Urbanists

Urban areas seem to be enjoying a renaissance of sorts due in part to the many young professionals who have moved into central neighborhoods since the 2000s. Many of these young professionals are thought to move back out after they have started families, but the details of these migration patterns are not well-known. I analyze data from the Federal Reserve Bank of New York/Equifax Consumer Credit Panel to answer 12 questions about these temporary urbanists?those who choose to move into an urban neighborhood and spend part of their early adulthood there.
Economic Commentary , Issue May

Journal Article
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.
Economic Commentary , Issue Sep

Journal Article
Intervention and the dollar

A study of U.S. intervention in the foreign exchange market between 1984 and 1987, concluding that exchange-rate stability among nations depends on fundamental macroeconomic policies, not intervention.
Economic Commentary , Issue Sep

Journal Article
TIPS for safer investing

A look at some of the advantages and disadvantages of Treasury Inflation-Protection Securities, the first U.S. government securities guaranteed to provide riskless, long-term protection against inflation, covering their structure, expected performance against traditional Treasury securities, liquidity concerns, and the claim that they will allow the Treasury to reduce its borrowing costs.
Economic Commentary , Issue Jul

Journal Article
Monetary policy and the M2 target

An analysis of the Federal Reserve's use of the M2 monetary aggregate as both a short-term and long-term policy guide, asserting that the FOMC's tentative target range for M2 growth in 1990 permits ample opportunity for the inflation rate to either accelerate or decline during the next few years.
Economic Commentary , Issue Dec

Journal Article
The Souk al-Manakh Crash

From 1978 to 1981, Kuwait?s two stock markets, one the conservatively regulated ?official? market and the other the unregulated Souk al-Manakh, exploded in size, growing to the point where the amount of capital actively traded exceeded that of every other country in the world except the United States and Japan. A year later, the system collapsed in an instant, causing huge real losses to the economy and financial disruption lasting nearly a decade. This Commentary examines the emergence of the Souk, the simple financial innovation that evolved to solve its rapidly increasing need for ...
Economic Commentary , Issue November

Journal Article
Bank receivership and conservatorship

A history of regulatory and statutory responses to failing banks, with special focus on changes since 1987 affecting receiverships, conservatorships, and bridge banks. The author argues that some of these changes, including depositor preference legislation enacted in 1993, have had unintended and still-uncertain consequences.
Economic Commentary , Issue Oct

Journal Article
Are SBA loan guarantees desirable?

Over the last 10 years, the Small Business Administration has been responsible for well over $100 billion in small business credit extensions, more than any single private lender. This Commentary explores the motivations for such a large investment of taxpayer dollars.
Economic Commentary , Issue Sep

Journal Article
Parental Proximity and the Earnings Consequences of Job Loss

We find post-job-loss earnings recovery is faster for young adults who live near their parents than for young adults who live farther away. This positive effect diminishes gradually as the distance to one?s parents increases. Most of the effect is driven by higher wages after job displacement, not by differences in the number of hours worked. The effect is not present for older workers, who may be caring for elderly parents.
Economic Commentary , Issue February

Journal Article
Back to the future: prospective deficits through the prism of the past

A look at the Clinton administration's first piece of budget legislation--the Omnibus Budget Reconciliation Act of 1993 (OBRA93)--showing that although it appears to be more successful than OBRA90, its Bush administration predecessor, it may still be subject to the same type of unanticipated "technical" problems that undermined the earlier legislation.
Economic Commentary , Issue Mar

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

Humpage, Owen F. 48 items

Haubrich, Joseph G. 37 items

Bryan, Michael F. 34 items

Carlson, John B. 34 items

Thomson, James B. 34 items

Carlstrom, Charles T. 31 items

show more (340)

FILTER BY Keywords

Monetary policy 85 items

Inflation (Finance) 62 items

economic conditions - United States 36 items

COVID-19 28 items

inflation 20 items

Banks and banking, Central 16 items

show more (495)

PREVIOUS / NEXT