Phrenology (see this amusing four-minute video), popular in the first half of the nineteenth century, was the study of skull shape and contours (believed to indicate the location of more- and less-developed areas of the brain) in order to discern individuals’ abilities and personality traits (called “faculties” in the phrenologists’ jargon).
Stories abound about recent college graduates who are struggling to find good jobs in today’s economy, especially with student debt levels rising so quickly.
The U.S. economy lost more than 8 million jobs between January 2008 and February 2010.
James Narron and David Skeie As momentous as financial crises have been in the past century, we sometimes forget that major financial crises have occurred for centuries—and often. This new series chronicles mostly forgotten financial crises over the 300 years—from 1620 to 1920—just prior to the Great Depression. Today, we journey back to the 1620s […]
The New York Fed’s latest Beige Book report points to continued moderate growth in the regional economy.
M. Henry Linder, Richard Peach, and Robert W. Rich Among the measures of core inflation used to monitor the inflation outlook, the series excluding food and energy prices is probably the best known and most closely followed by policymakers and the public. While the conventional “ex food and energy” measure is a composite of the price changes […]
In this blog we show some comparisons between banks with and without publicly traded equity made possible by the link produced by the Federal Reserve Bank of New York of regulatory identification numbers (RSSD ID) from the National Information Center (NIC) to the permanent company number (PERMCO) used in the Center for Research in Security Prices (CRSP).