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Keywords:Business 

Journal Article
Goldilocks in the corner office

The proper level of CEO compensation is more complicated than some normative sense of what the public considers fair. But with CEO pay regularly reaching eight, even nine figures, could current levels possibly be efficient? Economists can make a good theoretical case that CEO pay is inefficient, but they've had trouble pinpointing the systematic rent (pay in excess of fair market value) being extracted by CEOs. While it might not lower CEO pay, better corporate governance is likely the key to ensuring that it is tied tightly to firm performance.
The Region , Volume 20 , Issue Dec , Pages 22-25, 32-35

Journal Article
Law firms go global: taking Texas talent to a worldwide market

Southwest Economy , Issue Jul , Pages 10

Discussion Paper
April Update: The Coronavirus and Firms in the Fifth Dis

Over the past several weeks, social distancing and shutdowns have impacted our economy. Fifth District firms continued to tell us how COVID-19 has affected their business operations in recent surveys.
Regional Matters

Working Paper
Reconciled Estimates of Monthly GDP in the US

In the US, income and expenditure-side estimates of GDP (GDPI and GDPE) measure "true" GDP with error and are available at a quarterly frequency. Methods exist for using these proxies to produce reconciled quarterly estimates of true GDP. In this paper, we extend these methods to provide reconciled historical true GDP estimates at a monthly frequency. We do this using a Bayesian mixed frequency vector autoregression (MF-VAR) involving GDPE, GDPI, unobserved true GDP, and monthly indicators of short-term economic activity. Our MF-VAR imposes restrictions that reflect a measurement-error ...
Working Papers , Paper 22-01

Working Paper
A conversation with 590 nascent entrepreneurs

This paper summarizes interviews from 1998 with 590 individuals trying to create a business centered around five questions: ?Who are you??, ?What are you trying to accomplish??, ?What have you and others put into the business??, ?What have you accomplished??, ?What remains to be done?? There is a great deal of heterogeneity across these Nascent entrepreneurs, but they tend to have more education than the general population. Growing up in a family in which one or both parents had a business does not seem to be an important determinant of entry into entrepreneurship for males, while it seems to ...
Working Paper Series , Paper WP-07-20

Journal Article
Location dynamics: a key consideration for urban policy

What determines where businesses and households locate? Location decisions can affect the economic health of cities and metropolitan areas. But as Jeffrey Brinkman explains, how firms, residents, and workers go about choosing where to locate can involve complex interactions with sometimes unpredictable consequences.
Business Review , Issue 1 , Pages 9-15

Journal Article
Financing business investment

Federal Reserve Bulletin , Issue Jun , Pages 641-647

Journal Article
Financing business investment

Federal Reserve Bulletin , Issue Aug , Pages 1039-1045

Journal Article
Business financing in the defense period

Federal Reserve Bulletin , Issue May

Journal Article
Recent developments in business financing

Federal Reserve Bulletin , Issue Jun

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