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Journal Article
A report on economic conditions in the Louisville zone
Journal Article
A report on economic conditions in the Little Rock zone
Journal Article
Regional vs. Global: How Are Countries' Business Cycles Moving Together These Days?
Some countries? business cycles are in sync with the world?s, while other countries? cycles follow the ups and downs just of their neighbors?. This regional connection is even more prevalent if a region is defined not by geography but by common cultures and institutions.
Journal Article
A report on economic conditions in the St. Louis zone
Journal Article
A report on economic conditions in the Little Rock zone
Journal Article
A report on economic conditions in the Louisville zone
Journal Article
A report on economic conditions in the Little Rock zone
Working Paper
Three Scenarios for Interest Rates in the Transition to Normalcy
This article develops time-series models to represent three alternative, potential monetary policy regimes as monetary policy returns to normal. The first regime is a return to the high and volatile inflation rate of the 1970s. The second regime, the one that most Federal Reserve officials and business economists expect, is a return to the credible low inflation policy that characterized the U.S. economy from 1983 to 2007, a period that has come to be known as the Great Moderation. The third regime is one in which policymakers decide to keep policy interest rates at or near zero for the ...
Journal Article
A report on economic conditions in the St. Louis zone
Journal Article
A report on economic conditions in the Louisville zone