Liberty Street Economics
September 30, 2013

Crisis Chronicles: The “Not So Great” Re-Coinage of 1696

James Narron and David Skeie In the late 1600s, England operated a bi-metallic monetary system of high-value gold coins and lower-value silver coins. In the early 1690s, however, the market price of silver began to rise at a time when the mint price of gold was higher than the market price. Thus, gold bullion was […]

September 27, 2013

Historical Echoes: The Changing Face of Education in the United States

Rajashri Chakrabarti, Amy Farber, and Max Livingston In two recent posts on New York and New Jersey and a series of interactive graphics, we explored the effect of the Great Recession on school district finances. But if we expand our scope a little wider, we see that school finances have been changing significantly over the […]

Posted at 7:00 am in Historical Echoes | Permalink | Comments (0)
September 25, 2013

Catching Up or Falling Behind? New Jersey Schools in the Aftermath of the Great Recession

Rajashri Chakrabarti and Max Livingston Today’s post, which complements Monday’s on New York State and a set of interactive graphics released by the New York Fed earlier, assesses the effect of the Great Recession on educational finances in New Jersey. The Great Recession severely restricted state and local funds, which are the main sources of […]

September 23, 2013

Waiting for Recovery: New York Schools and the Aftermath of the Great Recession

A key institution that was significantly affected by the Great Recession is the school system, which plays a crucial role in building human capital and shaping the country’s economic future.

September 9, 2013

Preparing for Takeoff? Professional Forecasters and the June 2013 FOMC Meeting

Following the June 18-19 Federal Open Market
Committee (FOMC) meeting different measures of short-term interest rates
increased notably.

September 6, 2013

Crisis Chronicles: Tulip Mania, 1633-37

James Narron and David Skeie As Mike Dash notes in his well-researched and gripping Tulipomania, tulips are native to central Asia and arrived in the 1570s in what’s now Holland, primarily through the efforts of botanist Charles de L’Escluse, who classified and spread tulip bulbs among horticulturalists in the late 1500s and early 1600s. By […]

September 4, 2013

Consumer Confidence: A Useful Indicator of . . . the Labor Market?

Consumer confidence is closely monitored by policymakers and commentators because of the presumed insight it can offer into the outlook for consumer spending and thus the economy in general.

Posted at 7:00 am in Labor Economics, Macroecon | Permalink | Comments (2)
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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.

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