Euro area GDP remains below its 2007 level due to the global financial meltdown
and the subsequent sovereign debt crisis in the periphery countries.
November 28, 2012
The Different Paths of Greece and Spain to High Unemployment
November 26, 2012
Household Services Expenditures: An Update
This post updates and extends my July 2011 blog piece on household discretionary services expenditures.
November 23, 2012
Historical Echoes: Reverse Bank Run, Or When the Money Came Rollin’ In
On March 6, 1933, President Roosevelt issued a proclamation of a national bank holiday, which prohibited the withdrawal of gold for hoarding and other purposes and resulted in the temporary closure of all banks in the United States.
Posted at 7:00 am in Historical Echoes | Permalink
November 21, 2012
Doing Well by Doing Good? Community Development Venture Capital
In a new working paper, Josh Lerner and I explore how the venture capital (VC) model can be harnessed to achieve socially targeted ends by examining the investment record of community development venture capital (CDVC) firms.
November 19, 2012
Compensation Growth and Slack in the Current Economic Environment
Following a significant slowing during the recent recession, growth in various labor compensation measures has stabilized during the past two to three years.
November 16, 2012
Historical Echoes: 1947 Banking Basics, Step by Step
In 1947, if you didn’t quite understand banking basics, the ten-and-a-half-minute film “Using the Bank” might have served as an introduction.
November 15, 2012
Just Released: November Empire State Manufacturing Survey Points to Storm’s Effects
The results of this morning’s November Empire State Manufacturing Survey point to a slight decline in business conditions in New York’s manufacturing sector in the wake of “superstorm” Sandy.
November 14, 2012
Income Flows from U.S. Foreign Assets and Liabilities
Foreign investors placed roughly $1.0 trillion in U.S. assets in 2011, pushing the total value of their claims on the United States to $20.6 trillion.
November 9, 2012
Historical Echoes: How Do You Say “Wall Street” in Latin?
The Forum. This is where finance happened in ancient Rome.
November 7, 2012
Federal Reserve Liquidity Facilities Gross $22 Billion for U.S. Taxpayers
During the 2007-09 crisis, the Federal Reserve took many measures to mitigate
disruptions in financial markets, including the introduction or expansion of
liquidity facilities.
Posted at 7:00 am in Fed Funds, Financial Markets, Liquidity, Monetary Policy | Permalink | Comments (3)
RSS Feed
Follow Liberty Street Economics
