Some Options for Addressing Puerto Rico’s Fiscal Problems
By Hunter L. Clark, Andrew F. Haughwout, and James A. Orr Puerto Rico’s economic and fiscal challenges have been an important focus of work done here at the New York Fed, resulting in two reports (2012 and 2014), several blog posts and one paper in our Current Issues series in just the last few years. […]
Just Released: New Source for Perspective on Regional Household Debt and Credit
The New York Fed has released a new product—the Household Debt and Credit Report for the Second District—which tracks consumer credit conditions in the tri-state area.
Crisis Chronicles: The Collapse of the French Assignat and Its Link to Virtual Currencies Today
In the late 1700s, France ran a persistent deficit and by the late 1780s struggled with how to balance the budget and pay down the debt.
Just Released: Deleveraging Decelerates and Household Balances Increase
Today, the New York Fed released the 2013:Q3 Quarterly Report on Household Debt and Credit.