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12 posts from "November 2011"
November 30, 2011

Designing Executive Compensation to Curb Bank Risk Taking

The financial crisis and its aftermath have spurred calls for bank compensation packages that mitigate risk-taking incentives.

November 28, 2011

Unintended Consequences in School Accountability Policies

Over the past two decades, state and federal education policies have tried to hold schools more accountable for educating their students.

Posted at 7:02 am in Education, Regional Analysis | Permalink

The Liberty Street Economics Blog: An Update on Our Experience

Since the launch of the Liberty Street Economics blog in March 2011, our economists have published more than eighty-five posts on a range of issues such as financial sector reform, the global role of the dollar, the federal debt ceiling, and the U.S.-China trade imbalance.

Posted at 7:00 am | Permalink
November 25, 2011

The Failure to Forecast the Great Recession

The economics profession has been appropriately criticized for its failure to forecast the large fall in U.S. house prices and its propagation first into an unprecedented financial crisis and subsequently into the Great Recession.

November 23, 2011

How Might Increased Transparency Affect the CDS Market?

The credit default swap (CDS) market has grown rapidly since the asset class was developed in the 1990s.

November 21, 2011

Job Polarization in the United States: A Widening Gap and Shrinking Middle

Over recent decades, the U.S. workforce has undergone a dramatic restructuring in response to changes in technology, trade, and consumption patterns.

Posted at 7:00 am in Inequality, Labor Market | Permalink | Comments (1)
November 18, 2011

Historical Echoes: What Makes a Bank Look Like a Bank?

We know what a bank looks like: It’s typically of solid construction with classical architectural features.

Posted at 7:00 am in Historical Echoes | Permalink
November 16, 2011

Why Is There a “Zero Lower Bound” on Interest Rates?

Economists often talk about nominal interest rates having a “zero lower bound,” meaning they should not be expected to fall below zero.

Posted at 7:00 am in Monetary Policy | Permalink | Comments (2)
November 14, 2011

The Evolution of Federal Debt Ceilings

It’s hardly news that Congress sets a statutory limit on aggregate Treasury indebtedness.

November 9, 2011

The Debt Ceiling as a “Fiscal Rule”

A few months ago, the federal government was once again confronted with the need to raise the statutory limit on the amount of debt issued by the Treasury.

Posted at 7:00 am in Fiscal Policy, Treasury | Permalink
About the Blog

Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

The editors are Michael Fleming, Andrew Haughwout, Thomas Klitgaard, and Asani Sarkar, all economists in the Bank’s Research Group.

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