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Briefing
2018 Richmond Fed Research Digest
Summaries of work by economists in the Bank’s Research Department published externally from June 1, 2017, through May 31, 2018
Briefing
Presidential Politics and Monetary Policy: Lessons from the 1896 Election
The U.S. presidential election of 1896 provides an excellent natural experiment to measure the impact of exchange-rate uncertainty on bank balance sheets and the broader economy. The evidence suggests that the election's contentious free-silver debate significantly constrained banking activity and real economic activity by creating greater uncertainty about U.S. commitment to the gold standard. This finding reinforces the modern-day wisdom of insulating monetary policy from politics.
Journal Article
Economic History: Conflagration in Baltimore
The 1904 disaster was a turning point for U.S. fire prevention
Journal Article
Coal Crunch Massive Mining Layoffs Hit WV
Regional News
Briefing
2013 Richmond Fed Research Digest
Summaries of work by economists in the Bank’s Research Department published externally from June 1, 2012, through May 31, 2013
Briefing
2019 Richmond Fed Research Digest
Summaries of work by economists in the Bank’s Research Department published externally from June 1, 2018, through May 31, 2019
Journal Article
Economic history: Harnessing the iron horse : Fifth district companies pioneered railroading in the United States
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q2/economic_history_weblinks.cfm
Journal Article
Jargon Alert: Adverse Selection
Briefing
2015 Richmond Fed Research Digest
Summaries of work by economists in the Bank’s Research Department published externally from June 1, 2014, through May 31, 2015
Journal Article
The Role of Lower-Ranked Economics Ph.D. Programs