Historical Echoes: A Stitch in Time Saves You from Carrying Around Worthless Money
Lauren DiCioccio, a mixed media artist, sews (in the sense of embroiders) money.
Forecasting Inflation with Fundamentals . . . It’s Hard!
Jan Groen Controlling inflation is at the core of monetary policymaking, and central bankers would like to have access to reliable inflation forecasts to assess their progress in achieving this goal. Producing accurate inflation forecasts, however, turns out not to be a trivial exercise. This posts reviews the key challenges in inflation forecasting and discusses […]
Evolution of S‑Corporation Banks
Commercial banks didn’t become eligible for S-Corporation status until 1997, when President Bill Clinton signed legislation (the Small Business Job Protection Act of 1996) that allowed commercial banks to select S-Corporation as their preferred tax status.