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Journal Article
Population migration in the United States: a survey of research
Kahley, William J.
(1991-01)
Economic Review
, Issue Jan
, Pages 12-21
Journal Article
Global banks, local crises: bad news from Argentina
Kay, Stephen J.; Del Negro, Marco
(2002-07)
Banking crises have been a recurrent phenomenon in Latin America over the past few decades. Some have argued that the internationalization of the banking sector has ushered in a new era: what used to be systemic risk from the perspective of local banks with undiversified portfolios might no longer be systemic from the standpoint of large international banks. ; Argentina's experience shows that the presence of international banks was not enough to prevent local banking crises and sizable losses to depositors. The "bad news" from Argentina, this article argues, is that depositors in emerging ...
Economic Review
, Volume 87
, Issue Q3
, Pages 89-106
Journal Article
Path-dependent options
Hunter, William C.; Stowe, David W.
(1992-03)
Economic Review
, Issue Mar
, Pages 29-34
Journal Article
Monetary policy alternatives for Latin America
Quispe-Agnoli, Myriam
(2001-07)
During the 1990s, many Latin American countries began to address their problems with recession, inflation, and unemployment through dramatic economic reforms and monetary policy strategies that included exchange rate pegs, monetary aggregate targeting, or inflation targeting. Inflation targeting, in particular, had begun to lower inflation rates and to stabilize or increase real economic growth in countries such as New Zealand, Canada, and the United Kingdom. But has inflation targeting proved as successful for Latin American economies? ; This article describes the recent history of monetary ...
Economic Review
, Volume 86
, Issue Q3
, Pages 43-53
Journal Article
The federal government's budget surplus: Cause for celebration?
Hafer, Rik; Dwyer, Gerald P.
(1998-07-03)
Projected surpluses in the federal government's budget have generated fanfare sometimes verging on euphoria. Because the federal government last had a surplus in 1969, a projected surplus for fiscal year 1998 and later years is being viewed as something of a milestone. Unlike policies of the last three decades that have at least paid lip service to lowering the deficit, policy options now may include ways to use the surplus. Some have called for lowering taxes and others for increasing expenditures or retiring federal government debt. ; This article discusses the importance of going beyond ...
Economic Review
, Volume 83
, Issue Q 3
, Pages 42-51
Journal Article
Growing part-time employment among workers with disabilities: marginalization or opportunity?
Hotchkiss, Julie L.
(2004-07-03)
Even though part-time jobs offer lower pay, fewer benefits, and less stability, voluntary part-time employment among disabled workers has increased over the past twenty years even as part-time work has declined among nondisabled workers. Does this trend signal that part-time work has become more attractive to disabled workers, or does it mean that disabled workers are being pushed to the fringe in the workforce? ; This article attempts to answer these questions by looking at the part-time employment experience of disabled workers since 1984. Using data from the Current Population Survey, the ...
Economic Review
, Volume 89
, Issue Q 3
, Pages 25-40
Journal Article
Review essay on Cheating the Government: the Economics of Evasion(1990) by Frank A. Cowell
Hunter, William C.
(1992-03)
Economic Review
, Issue Mar
, Pages 35-41
Journal Article
Wildcat banking, banking panics, and free banking in the United States
Dwyer, Gerald P.
(1996-12)
Banks in the United States issued currency with no oversight of any kind by the federal goverment from 1837 to 1865. Many of these banks were part of "free banking" systems with no discretionary approval of entry into banking, and these banks issued notes that were used for payments in transactions just as Federal Reserve notes are today. There was no central bank or goverment insurance, and the ultimate guarantee of the value of a bank's notes was the value of the bank's assets. As the author indicates, these banknotes have similarities to some forms of electronic money. ; Free banking in ...
Economic Review
, Volume 81
, Issue Dec
, Pages 1-20
Journal Article
The buck stops where? The role of limited liability in economics
Smith, Stephen D.; Noe, Thomas H.
(1997-01-01)
Over the last few centuries laws have increasingly protected individuals and corporations from liability resulting from bad economic outcomes. This evolution in liability provisions, by many accounts, has significantly influenced both the level and distribution of contemporary economic output as well as the allocation of financial resources in today's financial markets. ; Through a review of an extensive and growing literature, the authors of this article consider how limited liability affects investment, labor, and financing decisions made by individuals and corporations as well as ...
Economic Review
, Volume 82
, Issue Q 1
, Pages 46-56
Journal Article
Are there cost savings from bank mergers?
Srinivasan, Aruna
(1992-03)
Economic Review
, Issue Mar
, Pages 17-28
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