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Higher gasoline prices: temporary or time to buy a hybrid?
Drivers may wonder whether the most recent spike in gasoline prices is temporary or will be longer lasting. Will prices eventually decline?maybe even to below $3 per gallon? Or is it time for drivers to alter their driving habits, maybe by buying a hybrid car? Be sure to read the September 2012 issue of Page One Economics Newsletter ??Higher Gasoline Prices: Temporary or Time to Buy a Hybrid???for a discussion of factors that might influence that decision.
Journal Article
Get by with a little help from my…other exports
The European debt crisis could certainly affect the U.S. economy through other channels?but its direct impact on U.S. exports is likely to be small.>
Journal Article
Current risks from exports and foreign sales
Consistent with national data, foreign sales of affiliates of U.S. multinational firms headquartered in the Eight Federal Reserve District are larger for Europe and the Asia Pacific region?not Mexico and Canada, the major U.S. trading partners.
Working Paper
International trade, female labor, and entrepreneurship in MENA countries
Middle Eastern and North African (MENA) countries stand out in international comparisons of de jure obstacles to female employment and entrepreneurship. These obstacles are mirrored in low female labor rate participation and low entrepreneurship and ownership rates. Recent research suggests a connection between international trade and female labor participation. In this article, the authors focus on the relationship between international trade and gender in the MENA countries first analyzing female labor as a production factor, and then focusing on female entrepreneurship and firm ownership. ...
Journal Article
Three faces of low inflation: U.S., Japan and the Euro area
Journal Article
Forward guidance 101B: a roadmap of the international experience
The Federal Reserve is just one of several central banks that have adopted forward guidance since the beginning of the financial crisis and in an environment of near-zero policy rates (zero lower bound).
Journal Article
Rent or buy?
The residential real estate market showed additional signs of improvement in 2012, though the recovery has been quite different for single-family compared with multifamily markets.
Journal Article
Is the Fed monetizing government debt?
Under this latter scenario, the Fed is not monetizing government debt ? it is simply managing the supply of the monetary base in accordance with the goals set by its dual mandate.
Journal Article
Translating Kurzarbeit
With more research and given the limits of conventional fiscal and monetary policies in addressing the consequences of jobless recoveries, a U.S. version of Kurzarbeit may provide another option in the policymaker?s toolkit.