Does the Federal Reserve or the government care about pocketbooks?
Look for our next post on May 12.
November 14, 2014
November 12, 2014
Did Local Funding Responses to Post‑Recession State Aid Cuts Vary by Property Wealth?
In the first of this two post series, we investigated the relationship between state aid and local funding before and after the Great Recession.
November 10, 2014
Did School Districts Offset State Education Funding Cuts?
It’s well known that the Great Recession led to a massive reduction in state government revenues, in spite of the federal government’s attempt to ease budget tightening through American Recovery and Reinvestment Act aid to states.
November 7, 2014
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.
Posted at 7:00 am in Historical Echoes | Permalink
November 5, 2014
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 […]
November 3, 2014
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.
October 24, 2014
At the N.Y. Fed: Macroeconomic Policy Mix in the Transatlantic Economy
The reasons why the macroeconomic policy mix has been different on the two sides of the Atlantic in recent years remain a hotly debated issue.
October 20, 2014
Don’t Be Late! The Importance of Timely Settlement of Tri‑Party Repo Contracts
Tri-party repo is popular among securities dealers as a way to raise short-term funding.
October 17, 2014
New York City’s Not‑So‑Outer Boroughs
Ever since the first census of the U.S. population was taken, back in 1790, New York City has been the nation’s largest city, and for most of this time by a factor of more than two.
October 15, 2014
How Do Liquidity Conditions Affect U.S. Bank Lending?
he recent financial crisis underscored the importance of understanding how liquidity conditions for banks (or other financial institutions) influence the banks’ lending to domestic and foreign customers.
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