Search Results

Showing results 1 to 10 of approximately 3,150.

(refine search)
Bank:Federal Reserve Bank of Richmond 

Relative Price Changes Are Unlikely to Account for Recent High Inflation

March 2021 marked the first month of the ongoing high inflation episode in the U.S. Last September, I analyzed the first five months of this episode through the lens of the distribution of price changes for all PCE components. A small fraction of expenditures accounted for much of the high inflation in those months. In this Economic Brief, I provide a related analysis and incorporate a new summary statistic for the distribution of relative price changes. In the last four months, high inflation has not been concentrated in a small fraction of expenditures, deviating from the relationship we ...
Richmond Fed Economic Brief , Volume 22 , Issue 10

Journal Article
Understanding monetary policy implementation

The Federal Reserve implements its monetary policy objectives by intervening in the interbank market for overnight loans. In particular, it aims to change the supply of reserves available to commercial banks so that the (average) interest rate in this market equals an announced target rate. A recent change in legislation will give the Federal Reserve greater flexibility in this process by allowing it to pay interest on reserve balances. Together, the change and recent events in financial markets have renewed interest in the process of monetary policy implementation. This article presents a ...
Economic Quarterly , Volume 94 , Issue Sum , Pages 235-263

Journal Article
Credit rationing by loan size in commercial loan markets

The authors present a theoretical model in which a profit-maximizing lender may ration credit to businesses by restricting loan size. Such credit rationing occurs despite the absence of differences across borrowers in default risk or loan administration costs. Moreover, the model predicts an interest rate-loan size pattern that matches that observed in U.S. commercial loan markets.
Economic Review , Volume 78 , Issue May , Pages 3-8

Journal Article
Recent financial innovations : courses, consequences for the payments system, and implications for monetary control

An abstract for this article is not available
Economic Review , Volume 66 , Issue Mar , Pages 14-27

Journal Article
Economic history : Going to market

Econ Focus , Volume 11 , Issue Sum , Pages 34-37

Journal Article
Interview: Claudia Goldin

Econ Focus , Issue 4Q , Pages 24-28

Journal Article
Recent financial deregulation and the interest elasticity of M1 demand

Economic Review , Volume 72 , Issue Jul , Pages 13-24

Journal Article
Economics and Ideology

Econ Focus , Issue 4Q , Pages 29-29

Journal Article
Science panel may study Virginia uranium plan

Related link :
Econ Focus , Volume 13 , Issue Win , Pages 22-23

Journal Article
Federal Reserve : The Fed & the ECB : their regional structures are strikingly similar, but important differences remain

Econ Focus , Volume 8 , Issue Sum , Pages 3-5




Econ Focus 1263 items

Working Paper 460 items

Economic Quarterly 391 items

Richmond Fed Economic Brief 310 items

Economic Review 302 items

Cross Sections 228 items

show more (6)

FILTER BY Content Type

Journal Article 2184 items

Working Paper 460 items

Briefing 319 items

Discussion Paper 134 items

Monograph 24 items

Report 20 items

show more (2)


Nash, Betty Joyce 139 items

Sablik, Timothy 129 items

Gerena, Charles 123 items

Steelman, Aaron 105 items

Romero, Jessica Sackett 91 items

Price, David A. 82 items

show more (495)

FILTER BY Jel Classification

E32 17 items

E21 16 items

G21 14 items

E52 12 items

E24 11 items

E44 11 items

show more (163)

FILTER BY Keywords

Federal Reserve District, 5th 265 items

Monetary policy 244 items

Inflation (Finance) 129 items

Banks and banking 110 items

Economics 86 items

Labor market 78 items

show more (495)