Liberty Street Economics

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
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 […]

Posted at 7:00 am in New Jersey, Recession | Permalink
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.

August 28, 2013

U.S. Leveraged Buyouts: The Importance of Financial Visibility

In global finance, leveraged buyouts (LBOs) are an important tool for restructuring corporations.

Posted at 7:00 am in Corporate Finance | Permalink
August 26, 2013

Information on Dealer Activity in Specific Treasury Issues Now Available

The New York Fed has long collected market information from its primary dealer trading counterparts and released these data in aggregated form to the public.

August 23, 2013

Historical Echoes: It Wasn’t Brain Surgery – It Was the First Economic Table

François Quesnay, an eighteenth-century brain surgeon and physician to France’s King Louis XV, was also the first to put economic data into a table.

Posted at 7:00 am in Historical Echoes | Permalink
August 21, 2013

Creating a History of U.S. Inflation Expectations

Central bankers closely monitor inflation expectations because they’re an important determinant of actual inflation.

WATCH: About the Research Group

“What’s really driving inflation?” “Why do some neighborhoods bounce back faster than others?” Meet some of the New York Fed researchers working to answer questions that matter most to the economy.

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

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