TY - JOUR T1 - The Relationship Between Nonprofits' Revenue Composition and Their Economic-Financial Efficiency AN - 1856453553 AB - We study financial efficiency in the nonprofit sector and document that organizations that rely mainly on commercial revenues are more efficient in managing their overhead and administrative expenses compared with nonprofits that rely mainly on donations. We also record a positive relationship between the extent of a nonprofit's reliance on donations and its efficiency in generating them. Our findings suggest economies of scale in the nonprofit sector and also a positive (negative) relationship between receiving government grants (membership income) and overall efficiency. We discuss what our findings imply for social enterprises and traditional nonprofits. JF - Nonprofit and Voluntary Sector Quarterly AU - Ecer, Sencer AU - Magro, Mark AU - Sarpça, Sinan AD - Istanbul Technical University, Istanbul, Turkey ; Board of Governors of the Federal Reserve System, Washington, DC, USA ; Koç University, Istanbul, Turkey ; Istanbul Technical University, Istanbul, Turkey Y1 - 2017/02// PY - 2017 DA - Feb 2017 SP - 141 EP - 155 CY - Thousand Oaks PB - SAGE PUBLICATIONS, INC. VL - 46 IS - 1 SN - 0899-7640 KW - Social Services And Welfare KW - not-for-profit institutions KW - social enterprises KW - financial ratios KW - earned income KW - Economies of scale KW - Composition KW - Income KW - Trade KW - Enterprises KW - Government grants KW - Reliance KW - Nonprofit making organizations KW - Grants KW - Donations KW - Social enterprises UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1856453553?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aassia&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Nonprofit+and+Voluntary+Sector+Quarterly&rft.atitle=The+Relationship+Between+Nonprofits%27+Revenue+Composition+and+Their+Economic-Financial+Efficiency&rft.au=Ecer%2C+Sencer%3BMagro%2C+Mark%3BSarp%C3%A7a%2C+Sinan&rft.aulast=Ecer&rft.aufirst=Sencer&rft.date=2017-02-01&rft.volume=46&rft.issue=1&rft.spage=141&rft.isbn=&rft.btitle=&rft.title=Nonprofit+and+Voluntary+Sector+Quarterly&rft.issn=08997640&rft_id=info:doi/10.1177%2F0899764016649693 LA - English DB - Applied Social Sciences Index & Abstracts (ASSIA) N1 - Copyright - © The Author(s) 2016 N1 - Last updated - 2017-01-16 DO - http://dx.doi.org/10.1177/0899764016649693 ER - TY - JOUR T1 - Heterogeneity in Economic Shocks and Household Spending in the US AN - 1792349826 AB - Large swings in aggregate household sector spending, especially for big-ticket items such as cars and housing, have been a dominant feature of the macroeconomic landscape in the past two decades. Income and wealth inequality increased over the same period, leading some to suggest the two phenomena are interconnected. Indeed, there is supporting evidence for the idea that heterogeneity in economic shocks and spending are connected, most notably in studies using local-area geography as the unit of analysis. The Survey of Consumer Finances (SCF) provides a household-level perspective on changes in wealth, income and spending across different types of families. The SCF confirms that inequality is indeed increasing in recent decades, and the data provide support for the proposition that shocks to income and wealth are indeed related to large swings in spending across and within birth cohorts. However, the economic shocks associated with the Great Recession and changes in spending and debt to income ratios are widespread, and inconsistent with a narrow focus on the experiences and changes in behaviour of particular (especially low- and modest-income) households. JF - Fiscal Studies AU - Devlin-Foltz, Sebastian AU - Sabelhaus, John AD - Board of Governors of the Federal Reserve System Y1 - 2016/03// PY - 2016 DA - Mar 2016 SP - 153 EP - 192 CY - London PB - Wiley Subscription Services, Inc. VL - 37 IS - 1 SN - 0143-5671 KW - Business And Economics--Public Finance, Taxation KW - Economic models KW - Housing KW - Debts KW - Economic Recession KW - Expenditures KW - Geography KW - Heterogeneity KW - Households KW - Income Inequality KW - Landscape KW - Macroeconomics KW - Wealth KW - Wealth Distribution KW - United States--US UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1792349826?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Fiscal+Studies&rft.atitle=Heterogeneity+in+Economic+Shocks+and%C2%A0Household+Spending+in+the+US&rft.au=Devlin-Foltz%2C+Sebastian%3BSabelhaus%2C+John&rft.aulast=Devlin-Foltz&rft.aufirst=Sebastian&rft.date=2016-03-01&rft.volume=37&rft.issue=1&rft.spage=153&rft.isbn=&rft.btitle=&rft.title=Fiscal+Studies&rft.issn=01435671&rft_id=info:doi/10.1111%2Fj.1475-5890.2016.12082 LA - English DB - PAIS Index N1 - Copyright - Fiscal Studies © 2016 Institute for Fiscal Studies N1 - Last updated - 2016-05-30 N1 - SubjectsTermNotLitGenreText - United States--US DO - http://dx.doi.org/10.1111/j.1475-5890.2016.12082 ER - TY - BOOK T1 - Domestic Debt and Sovereign Defaults AN - 1767320073; 2011-910309 AB - Examines how domestic holdings of government debt affect sovereign default risk and government debt management. It develops a model with both external and domestic debt that endogenously generates output contraction upon default. Domestic holdings of government debt weaken investors' balance sheets and induce a contraction of credit and output upon default. The author calibrates the model to the Argentinean economy and shows that it reproduces key empirical moments. Introducing domestic debt also yields relevant normative implications. While domestic debt is crucial to determining the risk of default, the efficient internal-external composition of debt cannot be achieved without government intervention. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Dec 2015, 42 pp. AU - Mallucci, Enrico Y1 - 2015/12// PY - 2015 DA - December 2015 PB - Board of Governors of the Federal Reserve System KW - Intervention (government) KW - Risk KW - Investors KW - Argentina KW - Credit KW - Debt KW - Balance sheets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767320073?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Mallucci%2C+Enrico&rft.aulast=Mallucci&rft.aufirst=Enrico&rft.date=2015-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Domestic+Debt+and+Sovereign+Defaults&rft.title=Domestic+Debt+and+Sovereign+Defaults&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1153.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1153 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Have Global Value Chains Contributed to Global Imbalances? AN - 1767319781; 2011-910308 AB - Global value chains (GVCs) have grown rapidly over the past several decades. Over the same period, the aggregate value of current account imbalances has risen substantially. This paper examines whether these developments are related. While there is a sizable literature that has documented the rise of global production networks, there have been few attempts to assess the potential effect on global imbalances. The paper assesses the effect on global imbalances over the period 1995-2011. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Dec 2015, 28 pp. AU - Haltmaier, Jane Y1 - 2015/12// PY - 2015 DA - December 2015 PB - Board of Governors of the Federal Reserve System KW - Production KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319781?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Haltmaier%2C+Jane&rft.aulast=Haltmaier&rft.aufirst=Jane&rft.date=2015-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Have+Global+Value+Chains+Contributed+to+Global+Imbalances%3F&rft.title=Have+Global+Value+Chains+Contributed+to+Global+Imbalances%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1154.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1154 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - How Much Are Car Purchases Driven by Home Equity Withdrawal? Evidence from Household Surveys AN - 1761661520; 2011-905500 AB - Uses data from three nationally representative surveys to document that very few households report purchasing cars with home equity lines of credit or the proceeds from a cash-out refinancing. Households that do report using these sources of funds to purchase cars tend to be affluent and appear to have ample access to credit. These findings suggest that an easing of home-equity borrowing constraints was not the major factor driving any relationship between home prices and car sales during the housing boom in the 2000s. The report discusses other mechanisms that might underlie this relationship. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Nov 9 2015, 13 pp. AU - McCully, Brett AU - Pence, Karen M AU - Vine, Daniel J Y1 - 2015/11/09/ PY - 2015 DA - 2015 Nov 09 PB - Board of Governors of the Federal Reserve System KW - Sales KW - Housing KW - Purchasing KW - Prices KW - Households KW - Motor vehicles KW - Credit KW - Surveys KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761661520?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=McCully%2C+Brett%3BPence%2C+Karen+M%3BVine%2C+Daniel+J&rft.aulast=McCully&rft.aufirst=Brett&rft.date=2015-11-09&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=How+Much+Are+Car+Purchases+Driven+by+Home+Equity+Withdrawal%3F+Evidence+from+Household+Surveys&rft.title=How+Much+Are+Car+Purchases+Driven+by+Home+Equity+Withdrawal%3F+Evidence+from+Household+Surveys&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015106pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-106 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary Policy, Incomplete Information, and the Zero Lower Bound AN - 1761664808; 2011-905507 AB - In the context of a stylized New Keynesian model, this study explores the interaction between imperfect knowledge about the state of the economy and the zero lower bound. It shows that optimal policy under discretion near the zero lower bound responds to signals about an increase in the equilibrium real interest rate by less than it would when far from the zero lower bound. This analysis of first-difference rules highlights that rules with interest rate smoothing terms carry forward current and past misperceptions about the state of the economy and can lead to suboptimal performance. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Nov 3 2015, 39 pp. AU - Gust, Christopher J AU - Johannsen, Benjamin K AU - Lopez-Salido, David Y1 - 2015/11/03/ PY - 2015 DA - 2015 Nov 03 PB - Board of Governors of the Federal Reserve System KW - Interest rates KW - Regulation KW - Monetary policy KW - Decision-making KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761664808?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gust%2C+Christopher+J%3BJohannsen%2C+Benjamin+K%3BLopez-Salido%2C+David&rft.aulast=Gust&rft.aufirst=Christopher&rft.date=2015-11-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+Policy%2C+Incomplete+Information%2C+and+the+Zero+Lower+Bound&rft.title=Monetary+Policy%2C+Incomplete+Information%2C+and+the+Zero+Lower+Bound&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015099pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-099 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Eliciting GDP Forecasts from the FOMC's Minutes around the Financial Crisis AN - 1767319737; 2011-910310 AB - Stekler and Symington (2016) construct indexes that quantify the Federal Open Market Committee's (FOMC's) views about the US economy, as expressed in the minutes of the FOMC's meetings. These indexes provide insights on the FOMC's deliberations, especially at the onset of the Great Recession. This paper complements Stekler and Symington's analysis by showing that their indexes reveal relatively minor bias in the FOMC's views when the indexes are reinterpreted as forecasts. Additionally, these indexes provide a proximate mechanism for inferring the Fed staff's Greenbook forecasts of the US real GDP growth rate, years before the Greenbook's public release. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Nov 2015, 25 pp. AU - Ericsson, Neil R Y1 - 2015/11// PY - 2015 DA - November 2015 PB - Board of Governors of the Federal Reserve System KW - United States KW - Indexes KW - Finance KW - Markets KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319737?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ericsson%2C+Neil+R&rft.aulast=Ericsson&rft.aufirst=Neil&rft.date=2015-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Eliciting+GDP+Forecasts+from+the+FOMC%27s+Minutes+around+the+Financial+Crisis&rft.title=Eliciting+GDP+Forecasts+from+the+FOMC%27s+Minutes+around+the+Financial+Crisis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1152.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1152 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Measurement Error in Macroeconomic Data and Economics Research: Data Revisions, Gross Domestic Product, and Gross Domestic Income AN - 1761667929; 2011-905504 AB - Analyzes the effect of measurement error in macroeconomic data on economics research using two features of the estimates of latent US output produced by the Bureau of Economic Analysis (BEA). BEA publishes two theoretically identical estimates of latent US output that only differ due to measurement error: the gross domestic product (GDP) using expenditure data and gross domestic income (GDI) using income data. It then uses BEA revisions to previously published releases of GDP and GDI. It finds that estimating models using revised GDP generates the same qualitative result as the original paper in all 23 cases. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Oct 30 2015, 54 pp. AU - Chang, Andrew C AU - Li, Phillip Y1 - 2015/10/30/ PY - 2015 DA - 2015 Oct 30 PB - Board of Governors of the Federal Reserve System KW - United States KW - Measurement KW - Appropriations and expenditures KW - Macroeconomics KW - Errors KW - Economic research KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761667929?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Chang%2C+Andrew+C%3BLi%2C+Phillip&rft.aulast=Chang&rft.aufirst=Andrew&rft.date=2015-10-30&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Measurement+Error+in+Macroeconomic+Data+and+Economics+Research%3A+Data+Revisions%2C+Gross+Domestic+Product%2C+and+Gross+Domestic+Income&rft.title=Measurement+Error+in+Macroeconomic+Data+and+Economics+Research%3A+Data+Revisions%2C+Gross+Domestic+Product%2C+and+Gross+Domestic+Income&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015102pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-102 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohoku Earthquake AN - 1761661601; 2011-905512 AB - Using firm-level microdata and leveraging a natural experiment, this paper provides evidence for the role of trade and multinational firms in the cross-country transmission of shocks. Foreign multinational affiliates exhibit substantial intermediate input linkages with their source country. Using the 2011 Tohoku earthquake as an exogenous shock, the study estimates this elasticity for those firms reliant on Japanese imported inputs. Global supply chains are sufficiently rigid to play an important role in the cross-country transmission of shocks. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Oct 22 2015, 73 pp. AU - Boehm, Christoph E AU - Flaaen, Aaron B AU - Pandalai-Nayar, Nitya Y1 - 2015/10/22/ PY - 2015 DA - 2015 Oct 22 PB - Board of Governors of the Federal Reserve System KW - Earthquakes KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761661601?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Boehm%2C+Christoph+E%3BFlaaen%2C+Aaron+B%3BPandalai-Nayar%2C+Nitya&rft.aulast=Boehm&rft.aufirst=Christoph&rft.date=2015-10-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Input+Linkages+and+the+Transmission+of+Shocks%3A+Firm-Level+Evidence+from+the+2011+Tohoku+Earthquake&rft.title=Input+Linkages+and+the+Transmission+of+Shocks%3A+Firm-Level+Evidence+from+the+2011+Tohoku+Earthquake&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015094pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-094 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Corporate Saving Glut in the Aftermath of the Global Financial Crisis AN - 1767319903; 2011-910312 AB - Examines the increase in the net lending (saving minus investment) of non-financial corporations in the years preceding and especially following the Global Financial Crisis (GFC) and explores whether this increase in net lending is an endogenous reflection of the current weak pace of growth or an outcome of other factors, such as firms' desire to cut investment and hoard assets, and thus an exogenous drag on growth. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Oct 2015, 61 pp. AU - Gruber, Joseph W AU - Kamin, Steven B Y1 - 2015/10// PY - 2015 DA - October 2015 PB - Board of Governors of the Federal Reserve System KW - Investments KW - Corporations KW - Assets KW - Finance KW - Saving KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319903?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gruber%2C+Joseph+W%3BKamin%2C+Steven+B&rft.aulast=Gruber&rft.aufirst=Joseph&rft.date=2015-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Corporate+Saving+Glut+in+the+Aftermath+of+the+Global+Financial+Crisis&rft.title=The+Corporate+Saving+Glut+in+the+Aftermath+of+the+Global+Financial+Crisis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1150.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1150 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Realized Bank Risk during the Great Recession AN - 1767319700; 2011-910322 AB - In the years preceding the 2007-2009 financial crisis, forward-looking indicators of bank risk suggested unusually low expectations of bank default. This study assesses whether the ex-ante (ie, prior to the crisis) cross-sectional variability in bank characteristics is related to the ex-post (ie, during the crisis) materialization of bank risk. This tailor-made dataset crucially accounts for the different dimensions of realized bank risk including access to central bank liquidity during the crisis. Less reliance on deposit funding, more aggressive credit growth, larger size and leverage were associated with larger levels of realized risk. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Oct 2015, 35 pp. AU - Altunbas, Yener AU - Manganelli, Simone AU - Marques-Ibanez, David Y1 - 2015/10// PY - 2015 DA - October 2015 PB - Board of Governors of the Federal Reserve System KW - Central banks KW - Risk KW - Finance KW - Credit KW - Economic conditions KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319700?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Altunbas%2C+Yener%3BManganelli%2C+Simone%3BMarques-Ibanez%2C+David&rft.aulast=Altunbas&rft.aufirst=Yener&rft.date=2015-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Realized+Bank+Risk+during+the+Great+Recession&rft.title=Realized+Bank+Risk+during+the+Great+Recession&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1140r.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1140 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Reconciling Full-Cost and Marginal-Cost Pricing AN - 1767321195; 2011-910287 AB - Despite the clear prescription from economic theory that a firm should set price based only on variable costs, firms routinely factor fixed costs into pricing decisions. This report shows that full-cost pricing (FCP) can help firms uncover their optimal price from economic theory. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 9 2015, 32 pp. AU - Gramlich, Jacob P AU - Ray, Korok Y1 - 2015/09/09/ PY - 2015 DA - 2015 Sep 09 PB - Board of Governors of the Federal Reserve System KW - Cost KW - Prices KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767321195?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gramlich%2C+Jacob+P%3BRay%2C+Korok&rft.aulast=Gramlich&rft.aufirst=Jacob&rft.date=2015-09-09&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Reconciling+Full-Cost+and+Marginal-Cost+Pricing&rft.title=Reconciling+Full-Cost+and+Marginal-Cost+Pricing&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015072pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-072 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Is Economics Research Replicable? Sixty Published Papers from Thirteen Journals Say 'Usually Not' AN - 1761661551; 2011-905522 AB - Attempts to replicate 67 papers published in 13 well-regarded economics journals using author-provided replication files that include both data and code. The study successfully replicated the key qualitative result of 22 of 67 papers (33%) without contacting the authors and 29 of 59 papers (49%) with assistance from the authors. Because the study was able to replicate less than half of the papers in the sample even with help from the authors, this paper asserts that economics research is usually not replicable. Tables, References. JF - Board of Governors of the Federal Reserve System, Sep 4 2015, 25 pp. AU - Chang, Andrew C AU - Li, Phillip Y1 - 2015/09/04/ PY - 2015 DA - 2015 Sep 04 PB - Board of Governors of the Federal Reserve System KW - Economic research KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761661551?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Chang%2C+Andrew+C%3BLi%2C+Phillip&rft.aulast=Chang&rft.aufirst=Andrew&rft.date=2015-09-04&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Is+Economics+Research+Replicable%3F+Sixty+Published+Papers+from+Thirteen+Journals+Say+%27Usually+Not%27&rft.title=Is+Economics+Research+Replicable%3F+Sixty+Published+Papers+from+Thirteen+Journals+Say+%27Usually+Not%27&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015083pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-083 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Misallocation and Productivity in the Lead Up to the Eurozone Crisis AN - 1767319857; 2011-910316 AB - Uses Portuguese firm-level data to investigate whether changes in resource misallocation may have contributed to the poor economic performance of some southern and peripheral European countries leading up to the Eurozone crisis. The study extends Hsieh and Klenow's (2009) methodology to include intermediate inputs and consider all sectors of the economy (agriculture, manufacturing, and services). It finds that within-industry misallocation almost doubled between 1996 and 2011. Equalizing total factor revenue productivity across firms within an industry could have boosted valued-added 48% and 79% above actual levels in 1996 and 2011, respectively. Tables, Figures, Appendixes. JF - Board of Governors of the Federal Reserve System, Sep 2015, 54 pp. AU - Dias, Daniel A AU - Marques, Carlos Robalo AU - Richmond, Christine Y1 - 2015/09// PY - 2015 DA - September 2015 PB - Board of Governors of the Federal Reserve System KW - Agriculture KW - Eurocurrency market KW - Manufacturing KW - Revenue KW - Performance KW - Productivity KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319857?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Dias%2C+Daniel+A%3BMarques%2C+Carlos+Robalo%3BRichmond%2C+Christine&rft.aulast=Dias&rft.aufirst=Daniel&rft.date=2015-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Misallocation+and+Productivity+in+the+Lead+Up+to+the+Eurozone+Crisis&rft.title=Misallocation+and+Productivity+in+the+Lead+Up+to+the+Eurozone+Crisis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1146.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1146 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - International Dollar Flows AN - 1767319827; 2011-910318 AB - Using confidential Federal Reserve data, this study explores the factors driving US banknote flows between the US and other countries. These flows are a significant component of capital flows in emerging market economies, where physical US currency functions as a safe asset, and precautionary demand for US banknotes is a form of flight to quality. Prior to the global financial crisis, country-specific factors, including local economic uncertainty, largely explained the volume and heterogeneity of the flows. Since the crisis, global factors, particularly, global economic uncertainty, explain the flows markedly well. Further, precautionary demand for US banknotes is not episodic. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 2015, 39 pp. AU - Banegas, Ayelen AU - Judson, Ruth AU - Sims, Charles AU - Stebunovs, Viktors Y1 - 2015/09// PY - 2015 DA - September 2015 PB - Board of Governors of the Federal Reserve System KW - United States KW - Finance KW - Assets KW - Capital KW - Economic conditions KW - Developing countries KW - Currency in circulation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319827?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Banegas%2C+Ayelen%3BJudson%2C+Ruth%3BSims%2C+Charles%3BStebunovs%2C+Viktors&rft.aulast=Banegas&rft.aufirst=Ayelen&rft.date=2015-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=International+Dollar+Flows&rft.title=International+Dollar+Flows&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1144.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1144 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Predicting recessions with leading indicators: model averaging and selection over the business cycle AN - 1710257041; 4703271 AB - Four methods of model selection-equally weighted forecasts, Bayesian model-averaged forecasts, and two models produced by the machine-learning algorithm boosting-are applied to the problem of predicting business cycle turning points with a set of common macroeconomic variables. The methods address a fundamental problem faced by forecasters: the most useful model is simple but makes use of all relevant indicators. The results indicate that successful models of recession condition on different economic indicators at different forecast horizons. Predictors that describe real economic activity provide the clearest signal of recession at very short horizons. In contrast, signals from housing and financial markets produce the best forecasts at longer forecast horizons. A real-time forecast experiment explores the predictability of the 2001 and 2007 recessions. Copyright © 2015 John Wiley & Sons, Ltd. Copyright John Wiley & Sons. Reproduced with permission. An electronic version of this article is available online at http://www.interscience.wiley.com JF - Journal of forecasting AU - Berge, Travis J AD - Board of Governors of the Federal Reserve System Y1 - 2015/09// PY - 2015 DA - Sep 2015 SP - 455 EP - 471 VL - 34 IS - 6 SN - 0277-6693, 0277-6693 KW - Economics KW - Algorithms KW - Economic forecasts KW - Economic activity KW - Recession KW - Business cycles KW - Bayesian method UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1710257041?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+forecasting&rft.atitle=Predicting+recessions+with+leading+indicators%3A+model+averaging+and+selection+over+the+business+cycle&rft.au=Berge%2C+Travis+J&rft.aulast=Berge&rft.aufirst=Travis&rft.date=2015-09-01&rft.volume=34&rft.issue=6&rft.spage=455&rft.isbn=&rft.btitle=&rft.title=Journal+of+forecasting&rft.issn=02776693&rft_id=info:doi/10.1002%2Ffor.2345 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-09-09 N1 - Last updated - 2015-09-09 N1 - SubjectsTermNotLitGenreText - 3937 5163; 10651 1850; 3872 554 971; 1850; 1512 3865 4025; 918 7824 DO - http://dx.doi.org/10.1002/for.2345 ER - TY - BOOK T1 - Innovation, Investor Sentiment, and Firm-level Experimentation AN - 1767320924; 2011-910289 AB - Due to frictions like informational externalities, firms invest too little in learning the productivity of newly available technologies through small-scale experimentation. This study explores the effect of investor sentiment on the relation between technological innovation and future firm-level research and development (R&D) expenses, which include the resources used for small-scale experimentation. It finds that rapidly improving investor sentiment strengthens the effect of technological innovation on one-year-ahead R&D expenses and that the effect is more pronounced for high-tech firms with tighter financing constraints. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Aug 12 2015, 46 pp. AU - Aramonte, Sirio Y1 - 2015/08/12/ PY - 2015 DA - 2015 Aug 12 PB - Board of Governors of the Federal Reserve System KW - Technological innovations KW - Investors KW - Research and development KW - Productivity KW - Technology KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767320924?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Aramonte%2C+Sirio&rft.aulast=Aramonte&rft.aufirst=Sirio&rft.date=2015-08-12&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Innovation%2C+Investor+Sentiment%2C+and+Firm-level+Experimentation&rft.title=Innovation%2C+Investor+Sentiment%2C+and+Firm-level+Experimentation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015067pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-067 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Securitization and Lending Standards: Evidence from the European Wholesale Loan Market AN - 1767319907; 2011-910321 AB - Assesses the effect of securitization activity on banks' lending rates employing a uniquely detailed dataset from the euro-denominated syndicated loan market. In the run up to the 2007-2009 crisis, banks that were more active at originating asset-backed securities did not price their loans more aggressively than less-active banks. Within the set of loans that were previously securitized, the relative level of securitization activity by the originating bank was not related to narrower lending spreads. While the credit cycle seems to have a major impact of lending standards, the effect of securitization activity appears to be very limited. Tables, References. JF - Board of Governors of the Federal Reserve System, Aug 2015, 33 pp. AU - Kara, Alper AU - Marques-Ibanez, David AU - Ongena, Steven Y1 - 2015/08// PY - 2015 DA - August 2015 PB - Board of Governors of the Federal Reserve System KW - Loans KW - Prices KW - Credit KW - Standards KW - Markets KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319907?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kara%2C+Alper%3BMarques-Ibanez%2C+David%3BOngena%2C+Steven&rft.aulast=Kara&rft.aufirst=Alper&rft.date=2015-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Securitization+and+Lending+Standards%3A+Evidence+from+the+European+Wholesale+Loan+Market&rft.title=Securitization+and+Lending+Standards%3A+Evidence+from+the+European+Wholesale+Loan+Market&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1141.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1141 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - International Trade Risk and the Role of Banks AN - 1767319687; 2011-910311 AB - International trade exposes exporters and importers to substantial risks. To mitigate these risks, firms can buy special trade finance products from banks. This paper explores under which conditions and to what extent firms use these products. It finds that letters of credit and documentary collections cover about 10% of US exports and are preferred for larger transactions, indicating substantial fixed costs. Letters of credit are employed the most for exports to countries with intermediate contract enforcement. Compared to documentary collections, they are used for riskier destinations. This report provides a model that rationalizes these empirical findings and discusses implications. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Aug 2015, 59 pp. AU - Niepmann, Friederike AU - Schmidt-Eisenlohr, Tim Y1 - 2015/08// PY - 2015 DA - August 2015 PB - Board of Governors of the Federal Reserve System KW - Cost KW - United States KW - Risk KW - Finance KW - Contracts KW - Letters of credit KW - Banking KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319687?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Niepmann%2C+Friederike%3BSchmidt-Eisenlohr%2C+Tim&rft.aulast=Niepmann&rft.aufirst=Friederike&rft.date=2015-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=International+Trade+Risk+and+the+Role+of+Banks&rft.title=International+Trade+Risk+and+the+Role+of+Banks&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1151.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1151 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - End of the Line: Behavior of HELOC Borrows Facing Payment Changes AN - 1761664772; 2011-905532 AB - An important question is whether a change in required debt payments affects borrower behavior. One challenge has been identifying whether higher default rates after an increase in debt payments stem from the inability of borrowers to pay the higher amount, or the attrition of better borrowers in advance of the payment change. A related question is whether the higher default rate is a result of features of the debt product, or the type of borrower who chooses the product. This study addresses these questions as they relate to a scheduled increase in payments on home equity lines of credit (HELOCs). Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jul 10 2015, 32 pp. AU - Johnson, Kathleen W AU - Sarama, Robert F Y1 - 2015/07/10/ PY - 2015 DA - 2015 Jul 10 PB - Board of Governors of the Federal Reserve System KW - Credit KW - Debt KW - Payment KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761664772?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Johnson%2C+Kathleen+W%3BSarama%2C+Robert+F&rft.aulast=Johnson&rft.aufirst=Kathleen&rft.date=2015-07-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=End+of+the+Line%3A+Behavior+of+HELOC+Borrows+Facing+Payment+Changes&rft.title=End+of+the+Line%3A+Behavior+of+HELOC+Borrows+Facing+Payment+Changes&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015073pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-073 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Accuracy of Forecasts Prepared for the Federal Open Market Committee AN - 1767319920; 2011-910293 AB - Analyzes forecasts of consumption, nonresidential investment, residential investment, government spending, exports, imports, inventories, gross domestic product, inflation, and unemployment prepared by the Board of Governors of the Federal Reserve System for meetings of the Federal Open Market Committee from 1997 to 2008 (the Greenbooks). The study compares the root mean squared error, mean absolute error, and the proportion of directional errors of Greenbook forecasts of these macroeconomic indicators to the errors from three forecasting benchmarks. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jul 9 2015, 24 pp. AU - Chang, Andrew C AU - Hanson, Tyler J Y1 - 2015/07/09/ PY - 2015 DA - 2015 Jul 09 PB - Board of Governors of the Federal Reserve System KW - Investments KW - Unemployment KW - Consumption KW - Inflation KW - Federal reserve system KW - Inventory KW - Markets KW - Errors KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319920?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Chang%2C+Andrew+C%3BHanson%2C+Tyler+J&rft.aulast=Chang&rft.aufirst=Andrew&rft.date=2015-07-09&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Accuracy+of+Forecasts+Prepared+for+the+Federal+Open+Market+Committee&rft.title=The+Accuracy+of+Forecasts+Prepared+for+the+Federal+Open+Market+Committee&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015062pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-062 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Risk Taking and Low Longer-term Interest Rates: Evidence from the U.S. Syndicated Loan Market AN - 1767320017; 2011-910288 AB - Uses supervisory data to investigate risk taking in the US syndicated loan market at a time when longer-term interest rates are exceptionally low and studies the ex-ante credit risk of loans acquired by different types of lenders, including banks and shadow banks. The study finds that insurance companies, pension funds, and, in particular, structured-finance vehicles take higher credit risk when investors expect interest rates to remain low. Banks originate riskier loans that they tend to divest shortly after origination, thus appearing to accommodate other lenders' investment choices. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Jul 2015, 44 pp. AU - Aramonte, Sirio AU - Lee, Seung Jung AU - Stebunovs, Viktors Y1 - 2015/07// PY - 2015 DA - July 2015 PB - Board of Governors of the Federal Reserve System KW - United States KW - Interest rates KW - Risk KW - Investments KW - Pensions KW - Loans KW - Credit KW - Markets KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767320017?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Aramonte%2C+Sirio%3BLee%2C+Seung+Jung%3BStebunovs%2C+Viktors&rft.aulast=Aramonte&rft.aufirst=Sirio&rft.date=2015-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Risk+Taking+and+Low+Longer-term+Interest+Rates%3A+Evidence+from+the+U.S.+Syndicated+Loan+Market&rft.title=Risk+Taking+and+Low+Longer-term+Interest+Rates%3A+Evidence+from+the+U.S.+Syndicated+Loan+Market&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015068pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-068 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary Policy 101: A Primer on the Fed's Changing Approach to Policy Implementation AN - 1761663153; 2011-902512 AB - This paper provides a primer on the Fed's implementation of monetary policy. It uses the standard textbook model to illustrate why the approach used by the Federal Reserve before the financial crisis to keep the federal funds rate near the Federal Open Market Committee's (FOMC's) target will not work in current circumstances and explains the approach that the Committee intends to use instead when it decides to begin raising short-term interest rates. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jun 30 2015, 29 pp. AU - Ihrig, Jane E AU - Meade, Ellen E AU - Weinbach, Gretchen C Y1 - 2015/06/30/ PY - 2015 DA - 2015 Jun 30 PB - Board of Governors of the Federal Reserve System KW - Interest rates KW - Textbooks KW - Finance KW - Standards KW - Economic conditions KW - Markets KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761663153?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ihrig%2C+Jane+E%3BMeade%2C+Ellen+E%3BWeinbach%2C+Gretchen+C&rft.aulast=Ihrig&rft.aufirst=Jane&rft.date=2015-06-30&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+Policy+101%3A+A+Primer+on+the+Fed%27s+Changing+Approach+to+Policy+Implementation&rft.title=Monetary+Policy+101%3A+A+Primer+on+the+Fed%27s+Changing+Approach+to+Policy+Implementation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015047pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-047 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Mapping Heat in the U.S. Financial System AN - 1767319831; 2011-910296 AB - Provides a framework for assessing the build-up of vulnerabilities to the US financial system. The study collected 44 indicators of financial and balance-sheet conditions, cutting across measures of valuation pressures, nonfinancial borrowing, and financial-sector health. The data is placed in economic categories, their evolution tracked, and an algorithmic approach to monitoring vulnerabilities was developed that can complement the more judgmental approach of most official-sect or organizations. This approach discovers rising imbalances in the US financial system through the mid-2000s, presaging the financial crisis. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jun 24 2015, 71 pp. AU - Aikman, David AU - Kiley, Michael T AU - Lee, Seung Jung AU - Palumbo, Michael G AU - Warusawitharana, Missaka N Y1 - 2015/06/24/ PY - 2015 DA - 2015 Jun 24 PB - Board of Governors of the Federal Reserve System KW - United States KW - Finance KW - Valuation KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1767319831?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Aikman%2C+David%3BKiley%2C+Michael+T%3BLee%2C+Seung+Jung%3BPalumbo%2C+Michael+G%3BWarusawitharana%2C+Missaka+N&rft.aulast=Aikman&rft.aufirst=David&rft.date=2015-06-24&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Mapping+Heat+in+the+U.S.+Financial+System&rft.title=Mapping+Heat+in+the+U.S.+Financial+System&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015059pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-059 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Inflation Expectations and Monetary Policy Design: Evidence from the Laboratory AN - 1735643246; 2011-901985 AB - Using laboratory experiments within a New Keynesian framework, this study explores the interaction between the formation of inflation expectations and monetary policy design. The central question in this paper is how to design monetary policy when expectations formation is not perfectly rational. The forecasting rules chosen by subjects appear to vary systematically with the policy regime, with destabilizing mechanisms chosen more often when inflation control is weaker. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 11 2015, 39 pp. AU - Pfajfar, Damjan AU - Zakelj, Blaz Y1 - 2015/06/11/ PY - 2015 DA - 2015 Jun 11 PB - Board of Governors of the Federal Reserve System KW - Laboratories KW - Inflation KW - Forecasting KW - Regulation KW - Monetary policy KW - Decision-making KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735643246?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pfajfar%2C+Damjan%3BZakelj%2C+Blaz&rft.aulast=Pfajfar&rft.aufirst=Damjan&rft.date=2015-06-11&rft.volume=47&rft.issue=3&rft.spage=391&rft.isbn=&rft.btitle=&rft.title=Journal+of+real+estate+finance+and+economics&rft.issn=08955638&rft_id=info:doi/10.1007%2Fs11146-012-9366-z L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015045pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-045 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - How Effective are Macroprudential Policies? An Empirical Investigation AN - 1761667433; 2011-902498 AB - In recent years, policymakers have generally relied on macroprudential policies to address financial stability concerns; however, the understanding of these policies and their efficacy is limited. This paper constructs a novel index of domestic macroprudential policies in 57 advanced and emerging economies covering the period from 2000:Q1 to 2013:Q4, with tightenings and easings recorded separately. The effectiveness of these policies in curbing bank credit growth and house price inflation is then assessed using a dynamic panel data model. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 1 2015, 49 pp. AU - Akinci, Ozge AU - Olmstead-Rumsey, Jane Y1 - 2015/06/01/ PY - 2015 DA - 2015 Jun 01 PB - Board of Governors of the Federal Reserve System KW - Investigation KW - Indexes KW - Prices KW - Credit KW - Inflation KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761667433?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Akinci%2C+Ozge%3BOlmstead-Rumsey%2C+Jane&rft.aulast=Akinci&rft.aufirst=Ozge&rft.date=2015-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=How+Effective+are+Macroprudential+Policies%3F+An+Empirical+Investigation&rft.title=How+Effective+are+Macroprudential+Policies%3F+An+Empirical+Investigation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2015/files/ifdp1136.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - International Finance Discussion pa. no. 1136 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Heterogeneity in Economic Shocks and Household Spending AN - 1761661066; 2011-902510 AB - The Survey of Consumer Finances (SCF) provides a household-level perspective on changes in wealth, income, and spending across different types of families. The SCF confirms that inequality is indeed increasing in recent decades, and the data provide support for the proposition that shocks to income and wealth are indeed related to large swings in spending across and within birth cohorts. However, the economic shocks associated with the Great Recession and changes in spending and debt to income ratios are widespread, and inconsistent with a narrow focus on the experiences and changes in behavior of particular (especially low- and modest-income) households. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Jun 2015, 43 pp. AU - Devlin-Foltz, Sebastian J AU - Sabelhaus, John Y1 - 2015/06// PY - 2015 DA - June 2015 PB - Board of Governors of the Federal Reserve System KW - Households KW - Debt KW - Family KW - Wealth KW - Consumers KW - Reproductive health KW - Equality KW - Births KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761661066?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Devlin-Foltz%2C+Sebastian+J%3BSabelhaus%2C+John&rft.aulast=Devlin-Foltz&rft.aufirst=Sebastian&rft.date=2015-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Heterogeneity+in+Economic+Shocks+and+Household+Spending&rft.title=Heterogeneity+in+Economic+Shocks+and+Household+Spending&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015049pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-049 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Dividend Taxes and Stock Volatility AN - 1735645373; 2011-901976 AB - This study uses a decrease in dividend taxes as a natural experiment to identify their impact on firm's price volatility. Stock volatility decreased after the tax cut for firms where an executive has large holdings of shares and options relative to firms where an executive has small holdings of shares and options. Therefore, with a risk-averse executive and risk-neutral shareholders, dividend taxes may exacerbate agency costs. The increase in agency costs will decrease shareholder welfare, which can be partially offset by the use of options in the employment contract. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, May 26 2015, 38 pp. AU - Ferris, Erin E. Syron Y1 - 2015/05/26/ PY - 2015 DA - 2015 May 26 PB - Board of Governors of the Federal Reserve System KW - Cost KW - Executives KW - Contracts KW - Prices KW - Dividends KW - Welfare economics KW - Stocks KW - Employment KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735645373?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ferris%2C+Erin+E.+Syron&rft.aulast=Ferris&rft.aufirst=Erin+E.&rft.date=2015-05-26&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Dividend+Taxes+and+Stock+Volatility&rft.title=Dividend+Taxes+and+Stock+Volatility&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015036pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-036 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Passthrough of Labor Costs to Price Inflation AN - 1735644427; 2011-901982 AB - Uses a time-varying parameter/stochastic volatility VAR framework to assess how the pass-through of labor costs to price inflation has evolved over time in US data. There was little evidence that changes in labor costs have had a material effect on price inflation in recent years, even for compensation measures where some degree of pass-through to prices still appears to be present. The results cast doubt on explanations of recent inflation behavior that appeal to such mechanisms as downward nominal wage rigidity or a differential contribution of long-term and short-term unemployed workers to wage and price pressures. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, May 21 2015, 31 pp. AU - Peneva, Ekaterina V AU - Rudd, Jeremy B Y1 - 2015/05/21/ PY - 2015 DA - 2015 May 21 PB - Board of Governors of the Federal Reserve System KW - United States KW - Cost KW - Unemployment KW - Prices KW - Inflation KW - Labor KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735644427?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Peneva%2C+Ekaterina+V%3BRudd%2C+Jeremy+B&rft.aulast=Peneva&rft.aufirst=Ekaterina&rft.date=2015-05-21&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Passthrough+of+Labor+Costs+to+Price+Inflation&rft.title=The+Passthrough+of+Labor+Costs+to+Price+Inflation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015042pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-042 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Balance-sheet Households and Fiscal Stimulus: Lessons from the Payroll Tax Cut and Its Expiration AN - 1735643198; 2011-901977 AB - Balance-sheet repair drove the response of a significant fraction of households to fiscal stimulus following the Great Recession. By combining survey, behavioral, and time-series evidence on the 2011 payroll tax cut and its expiration in 2013, this paper identifies and analyzes households who smooth debt repayment. These 'balance-sheet households' are as prevalent as 'permanent-income households,' who smooth consumption in response to the temporary tax cut, and outnumber 'constrained households,' who temporarily boost spending. The asymmetric spending response of balance-sheet households poses challenges to standard models, but nonetheless appears important for understanding individual and aggregate responses to fiscal stimulus. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, May 20 2015, 32 pp. AU - Sahm, Claudia R AU - Shapiro, Matthew D AU - Slemrod, Joel Y1 - 2015/05/20/ PY - 2015 DA - 2015 May 20 PB - Board of Governors of the Federal Reserve System KW - Households KW - Debt KW - Consumption KW - Surveys KW - Standards KW - Economic conditions KW - Fiscal policy KW - Payroll tax KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735643198?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Sahm%2C+Claudia+R%3BShapiro%2C+Matthew+D%3BSlemrod%2C+Joel&rft.aulast=Sahm&rft.aufirst=Claudia&rft.date=2015-05-20&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Balance-sheet+Households+and+Fiscal+Stimulus%3A+Lessons+from+the+Payroll+Tax+Cut+and+Its+Expiration&rft.title=Balance-sheet+Households+and+Fiscal+Stimulus%3A+Lessons+from+the+Payroll+Tax+Cut+and+Its+Expiration&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015037pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-037 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Measuring Income and Wealth at the Top Using Administrative and Survey Data AN - 1735645215; 2011-901971 AB - Administrative tax data indicate that US top income and wealth shares are substantial and increasing rapidly. A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Apr 2015, 63 pp. AU - Bricker, Jesse AU - Henriques, Alice M AU - Krimmel, Jake A AU - Sabelhaus, John E Y1 - 2015/04// PY - 2015 DA - April 2015 PB - Board of Governors of the Federal Reserve System KW - United States KW - Households KW - Family KW - Surveys KW - Wealth KW - Consumers KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735645215?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bricker%2C+Jesse%3BHenriques%2C+Alice+M%3BKrimmel%2C+Jake+A%3BSabelhaus%2C+John+E&rft.aulast=Bricker&rft.aufirst=Jesse&rft.date=2015-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Systemic+Risk%2C+International+Regulation%2C+and+the+Limits+of+Coordination&rft.title=Systemic+Risk%2C+International+Regulation%2C+and+the+Limits+of+Coordination&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015030pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-030 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Using the 'Chandrasekhar Recursions' for likelihood evaluation of DSGE models AN - 1676089155; 4665514 AB - In likelihood-based estimation of linearized Dynamic Stochastic General Equilibrium (DSGE) models, the evaluation of the Kalman Filter dominates the running time of the entire algorithm. In this paper, we revisit a set of simple recursions known as the 'Chandrasekhar Recursions' developed by Morf (Fast Algorithms for Multivariate Systems, Ph.D. thesis, Stanford University, 1974) and Morf et al. (IEEE Trans Autom Control 19:315-323, 1974) for evaluating the likelihood of a Linear Gaussian State Space System. We show that DSGE models are ideally suited for the use of these recursions, which work best when the number of states is much greater than the number of observables. In several examples, we show that there are substantial benefits to using the recursions, with likelihood evaluation up to five times faster. This gain is especially pronounced in light of the trivial implementation costs, no model modification is required. Moreover, the algorithm is complementary with other approaches. Reprinted by permission of Springer JF - Computational economics AU - Herbst, Edward AD - Board of Governors of the Federal Reserve System Y1 - 2015/04// PY - 2015 DA - Apr 2015 SP - 693 EP - 705 VL - 45 IS - 4 SN - 0927-7099, 0927-7099 KW - Economics KW - Stochastic processes KW - Multivariate analysis KW - Economic models KW - Algorithms KW - Estimation KW - 18th century KW - General economic equilibrium UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1676089155?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Computational+economics&rft.atitle=Using+the+%27Chandrasekhar+Recursions%27+for+likelihood+evaluation+of+DSGE+models&rft.au=Herbst%2C+Edward&rft.aulast=Herbst&rft.aufirst=Edward&rft.date=2015-04-01&rft.volume=45&rft.issue=4&rft.spage=693&rft.isbn=&rft.btitle=&rft.title=Computational+economics&rft.issn=09277099&rft_id=info:doi/10.1007%2Fs10614-014-9430-2 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-04-27 N1 - Last updated - 2015-04-28 N1 - SubjectsTermNotLitGenreText - 474 8168 5889; 918 7824; 5436 4375; 4403 7854; 12265 3865 4025 10214 12224 971 12228 10919; 8379 12224 971; 3969 8163 DO - http://dx.doi.org/10.1007/s10614-014-9430-2 ER - TY - BOOK T1 - Are the Borrowing Costs of Large Financial Firms Unusual? AN - 1735645379; 2011-901967 AB - Estimates of investor expectations of government support of large financial firms are often based on large financial firms' lower borrowing costs relative to smaller financial firms. This study finds that the credit default swaps (CDS) and bond spreads of financial firms are no more sensitive to borrower size than the spreads of non-financial firms. However, the analysis also suggests that, prior to the financial crisis, investor expectations of government support, or generally reduced risk perceptions, may have reduced borrowing costs for the financial industry as a whole. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 12 2015, 64 pp. AU - Ahmed, Javed I AU - Anderson, Christopher AU - Zarutskie, Rebecca E Y1 - 2015/03/12/ PY - 2015 DA - 2015 Mar 12 PB - Board of Governors of the Federal Reserve System KW - Cost KW - Risk KW - Investors KW - Finance KW - Bonds KW - Credit KW - Economic conditions KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735645379?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ahmed%2C+Javed+I%3BAnderson%2C+Christopher%3BZarutskie%2C+Rebecca+E&rft.aulast=Ahmed&rft.aufirst=Javed&rft.date=2015-03-12&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Are+the+Borrowing+Costs+of+Large+Financial+Firms+Unusual%3F&rft.title=Are+the+Borrowing+Costs+of+Large+Financial+Firms+Unusual%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015024pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-024 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Have Distressed Neighborhoods Recovered? Evidence from the Neighborhood Stabilization Program AN - 1735644776; 2011-901960 AB - During the 2007-2009 housing crisis, concentrations of foreclosed and vacant properties created severe blight in many cities and neighborhoods. The federal Neighborhood Stabilization Program (NSP) was established to help mitigate distress in hard-hit areas by funding the rehabilitation or demolition of troubled properties. This paper analyzes housing market changes in areas that received investments during the second round of NSP funding, focusing on seven large urban counties. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 4 2015, 48 pp. AU - Schuetz, Jenny AU - Spader, Jonathan AU - Cortes, Alvaro Y1 - 2015/03/04/ PY - 2015 DA - 2015 Mar 04 PB - Board of Governors of the Federal Reserve System KW - Investments KW - Rehabilitation KW - Housing KW - Neighborhoods KW - Property KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735644776?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Schuetz%2C+Jenny%3BSpader%2C+Jonathan%3BCortes%2C+Alvaro&rft.aulast=Schuetz&rft.aufirst=Jenny&rft.date=2015-03-04&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Have+Distressed+Neighborhoods+Recovered%3F+Evidence+from+the+Neighborhood+Stabilization+Program&rft.title=Have+Distressed+Neighborhoods+Recovered%3F+Evidence+from+the+Neighborhood+Stabilization+Program&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015016pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-016 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Basel III: long-term impact on economic performance and fluctuations AN - 1667352477; 4659122 AB - Using a wide range of macroeconomic and econometric models we assess the long-term economic impact of the Basel III reform. Our main results are the following. (1) The economic costs of the new regulatory standards for bank capital and liquidity are considerably below existing estimates of the benefits that the reform should have by reducing the probability of banking crises (Basel Committee on Banking Supervision (2010) 'An Assessment of the Long-term Impact of Stronger Capital and Liquidity Requirements', Basel). (2) The reform dampens output volatility modestly, although there is some heterogeneity across models. (3) The adoption of countercyclical capital buffers can substantially amplify the dampening effect on output volatility. Reprinted by permission of Blackwell Publishers JF - Manchester School AU - Heuvel, Skander Van den AU - Vlcek, Jan AU - Angelini, Paolo AU - Clerc, Laurent AU - Cúrdia, Vasco AU - Gambacorta, Leonardo AU - Gerali, Andrea AU - Locarno, Alberto AU - Motto, Roberto AU - Roeger, Werner AD - Banca d'Italia ; Banque de France ; Federal Reserve Bank of New York ; Bank for International Settlements ; European Central Bank ; European Commission ; Board of Governors of the Federal Reserve System ; International Monetary Fund Y1 - 2015/03// PY - 2015 DA - Mar 2015 SP - 217 EP - 251 VL - 83 IS - 2 SN - 1463-6786, 1463-6786 KW - Economics KW - Evaluation KW - Liquidity KW - Macroeconomics KW - Economic performance KW - Econometric models KW - Volatility KW - Reform UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1667352477?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Manchester+School&rft.atitle=Basel+III%3A+long-term+impact+on+economic+performance+and+fluctuations&rft.au=Heuvel%2C+Skander+Van+den%3BVlcek%2C+Jan%3BAngelini%2C+Paolo%3BClerc%2C+Laurent%3BC%C3%BArdia%2C+Vasco%3BGambacorta%2C+Leonardo%3BGerali%2C+Andrea%3BLocarno%2C+Alberto%3BMotto%2C+Roberto%3BRoeger%2C+Werner&rft.aulast=Heuvel&rft.aufirst=Skander+Van&rft.date=2015-03-01&rft.volume=83&rft.issue=2&rft.spage=217&rft.isbn=&rft.btitle=&rft.title=Manchester+School&rft.issn=14636786&rft_id=info:doi/10.1111%2Fmanc.12056 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-03-30 N1 - Last updated - 2015-03-30 N1 - SubjectsTermNotLitGenreText - 3974 9390; 13349 13078; 7446; 4551; 10691; 7585 4025; 3864 8163 DO - http://dx.doi.org/10.1111/manc.12056 ER - TY - BOOK T1 - Small Businesses and Small Business Finance during the Financial Crisis and the Great Recession: New Evidence from the Survey of Consumer Finances AN - 1735643283; 2011-901979 AB - Uses the Federal Reserve's 2007, 2009 re-interview of 2007 respondents, and 2010 Surveys of Consumer Finances (SCFs) to examine the experiences of small businesses owned and actively managed by households during the Great Recession. The study found that the vast majority of small businesses were severely affected by the financial crisis and the Great Recession, including facing tight credit constraints. The results strongly reinforce the importance of relationship finance to small businesses and the primary role of commercial banks in such relationships. Tables, References. JF - Board of Governors of the Federal Reserve System, Feb 27 2015, 94 pp. AU - Kennickell, Arthur B AU - Kwast, Myron L AU - Pogach, Jonathan Y1 - 2015/02/27/ PY - 2015 DA - 2015 Feb 27 PB - Board of Governors of the Federal Reserve System KW - Finance KW - Households KW - Consumer credit KW - Surveys KW - Small business KW - Consumers KW - Banking KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735643283?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kennickell%2C+Arthur+B%3BKwast%2C+Myron+L%3BPogach%2C+Jonathan&rft.aulast=Kennickell&rft.aufirst=Arthur&rft.date=2015-02-27&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Small+Businesses+and+Small+Business+Finance+during+the+Financial+Crisis+and+the+Great+Recession%3A+New+Evidence+from+the+Survey+of+Consumer+Finances&rft.title=Small+Businesses+and+Small+Business+Finance+during+the+Financial+Crisis+and+the+Great+Recession%3A+New+Evidence+from+the+Survey+of+Consumer+Finances&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015039pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-039 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Institutions and Return Predictability in Oil-exporting Countries AN - 1735644864; 2011-901958 AB - Studies whether stock market returns in oil-exporting countries can be predicted by oil price changes and investigates the link between predictability and the quality of each country's institutions. Returns are predictable for half the countries considered, and predictability is stronger when institutional quality is lower. The relation between predictability and institutional quality reflects the preference of countries with weaker institutions to consume oil windfalls locally rather than smooth out the impact of windfalls by, for instance, investing the proceeds through a sovereign wealth fund. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Feb 2015, 30 pp. AU - Aramonte, Sirio AU - Jahan-Parvar, Mohammad AU - Shugarman, Justin Y1 - 2015/02// PY - 2015 DA - February 2015 PB - Board of Governors of the Federal Reserve System KW - Investments KW - Finance KW - Assets KW - Prices KW - Stock market KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735644864?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Aramonte%2C+Sirio%3BJahan-Parvar%2C+Mohammad%3BShugarman%2C+Justin&rft.aulast=Aramonte&rft.aufirst=Sirio&rft.date=2015-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Institutions+and+Return+Predictability+in+Oil-exporting+Countries&rft.title=Institutions+and+Return+Predictability+in+Oil-exporting+Countries&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015014pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-014 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Evolution of Retirement Wealth AN - 1735644777; 2011-901954 AB - Explores whether the current mix of tax preferences for employer-sponsored pensions and individual retirement saving is delivering the best possible retirement-preparedness across and within generations. This study shows that (1) overall retirement plan participation was stable or even rising through 2007, though participation fell noticeably in the wake of the Great Recession and has remained lower, (2) participation is correlated with income, and the shift in the type of pension coverage occurred within -- not just across -- income groups, and (3) the recent decline in plan participation and defined contribution (DC) retirement account balance-to-income ratios is concentrated among younger families and lower-income families. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Feb 2015, 34 pp. AU - Devlin-Foltz, Sebastian AU - Henriques, Alice M AU - Sabelhaus, John Y1 - 2015/02// PY - 2015 DA - February 2015 PB - Board of Governors of the Federal Reserve System KW - Saving KW - Pensions KW - Wealth KW - Family KW - Economic conditions KW - Retirement KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735644777?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kaufman%2C+Alex&rft.aulast=Kaufman&rft.aufirst=Alex&rft.date=2013-08-15&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Payday+Lending+Regulation&rft.title=Payday+Lending+Regulation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015009pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-009 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Income-achievement Gap and Adult Outcome Inequality AN - 1735644448; 2011-901981 AB - This paper discusses various methods for assessing group differences in academic achievement using only the ordinal content of achievement test scores. Researchers and policymakers frequently draw conclusions about achievement differences between various populations using methods that rely on the cardinal comparability of test scores. This paper shows that such methods can lead to erroneous conclusions in an important application. An anchoring exercise suggests that the narrowing of the income-achievement gap corresponds to an economically significant convergence in lifetime labor wealth and school completion rates for youth from high- and low-income backgrounds. Tables, Figures. JF - Board of Governors of the Federal Reserve System, 2015, 60 pp. AU - Nielsen, Eric R Y1 - 2015///0, PY - 2015 DA - 0, 2015 PB - Board of Governors of the Federal Reserve System KW - Schools KW - Academic achievement KW - Cardinals KW - Population KW - Wealth KW - Adults KW - Youth KW - Labor KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735644448?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nielsen%2C+Eric+R&rft.aulast=Nielsen&rft.aufirst=Eric&rft.date=2015-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Income-achievement+Gap+and+Adult+Outcome+Inequality&rft.title=The+Income-achievement+Gap+and+Adult+Outcome+Inequality&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015041pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-041 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Achievement Gap Estimates and Deviations from Cardinal Comparability AN - 1735644374; 2011-901980 AB - This paper assesses the sensitivity of standard empirical methods for measuring group differences in achievement to violations in the cardinal comparability of achievement test scores. The results suggest that cross-sectional achievement gap estimates tend to be quite robust to scale misspecification. In contrast, achievement gap change estimates seem to be quite sensitive to the choice of test scale. Standard empirical methods may not robustly identify the sign of the trend in achievement inequality between students from different racial groups and income classes. Furthermore, ordinal methods may be more powerful. Tables, Figures. JF - Board of Governors of the Federal Reserve System, 2015, 53 pp. AU - Nielsen, Eric R Y1 - 2015///0, PY - 2015 DA - 0, 2015 PB - Board of Governors of the Federal Reserve System KW - Cardinals KW - Standards KW - Students KW - Income KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1735644374?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nielsen%2C+Eric+R&rft.aulast=Nielsen&rft.aufirst=Eric&rft.date=2015-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Achievement+Gap+Estimates+and+Deviations+from+Cardinal+Comparability&rft.title=Achievement+Gap+Estimates+and+Deviations+from+Cardinal+Comparability&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015040pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2015 N1 - SuppNotes - Finance and Economics Discussion Ser. 2015-040 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Empirical Bayesian density forecasting in Iowa and shrinkage for the Monte Carlo era AN - 1646697159; 4636306 AB - The track record of a 20-year history of density forecasts of state tax revenue in Iowa is studied, and potential improvements sought through a search for better-performing 'priors' similar to that conducted three decades ago for point forecasts by Doan, Litterman and Sims (Econometric Reviews, 1984). Comparisons of the point and density forecasts produced under the flat prior are made to those produced by the traditional (mixed estimation) 'Bayesian VAR' methods of Doan, Litterman and Sims, as well as to fully Bayesian 'Minnesota Prior' forecasts. The actual record and, to a somewhat lesser extent, the record of the alternative procedures studied in pseudo-real-time forecasting experiments, share a characteristic: subsequently realized revenues are in the lower tails of the predicted distributions 'too often'. An alternative empirically based prior is found by working directly on the probability distribution for the vector autoregression parameters-the goal being to discover a better-performing entropically tilted prior that minimizes out-of-sample mean squared error subject to a Kullback-Leibler divergence constraint that the new prior not differ 'too much' from the original. We also study the closely related topic of robust prediction appropriate for situations of ambiguity. Robust 'priors' are competitive in out-of-sample forecasting; despite the freedom afforded the entropically tilted prior, it does not perform better than the simple alternatives. Copyright © 2014 John Wiley & Sons, Ltd. Copyright John Wiley & Sons. Reproduced with permission. An electronic version of this article is available online at http://www.interscience.wiley.com JF - Journal of forecasting AU - Lewis, Kurt F AU - Whiteman, Charles H AD - Board of Governors of the Federal Reserve System ; Pennsylvania State University, University Park Y1 - 2015/01// PY - 2015 DA - Jan 2015 SP - 15 EP - 35 VL - 34 IS - 1 SN - 0277-6693, 0277-6693 KW - Economics KW - U.S.A. KW - Monte Carlo simulation KW - Probability theory KW - Economic forecasts KW - Econometrics KW - Empirical research KW - Iowa KW - Bayesian method UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1646697159?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+forecasting&rft.atitle=Empirical+Bayesian+density+forecasting+in+Iowa+and+shrinkage+for+the+Monte+Carlo+era&rft.au=Lewis%2C+Kurt+F%3BWhiteman%2C+Charles+H&rft.aulast=Lewis&rft.aufirst=Kurt&rft.date=2015-01-01&rft.volume=34&rft.issue=1&rft.spage=15&rft.isbn=&rft.btitle=&rft.title=Journal+of+forecasting&rft.issn=02776693&rft_id=info:doi/10.1002%2Ffor.2316 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-01-20 N1 - Last updated - 2015-01-20 N1 - SubjectsTermNotLitGenreText - 1512 3865 4025; 8268 12265 3865 4025 10214 12224 971 12228 10919; 3937 5163; 3865 4025; 10217 10214 12224 971; 4200 10902; 180 433 293 14 DO - http://dx.doi.org/10.1002/for.2316 ER - TY - JOUR T1 - Early withdrawals from retirement accounts during the great recession AN - 1634462628; 4624284 AB - Early withdrawals from retirement accounts are a double-edged sword, because withdrawals reduce retirement resources, but they also allow individuals to smooth consumption when they experience demographic and economic shocks. Using tax data, we show that preretirement withdrawals increased between 2004 and 2010, especially after 2007, but early withdrawal rates are substantial (relative to new contributions) in all those years. Early withdrawal events are strongly correlated with shocks to income and marital status, and lower-income taxpayers are more likely to experience the types of shocks associated with early withdrawals and more likely to have a taxable withdrawal when they experience a given shock. (JEL G23, H24, H31) Reprinted by permission of Oxford University Press JF - Contemporary economic policy AU - Argento, Robert AU - Bryant, Victoria L AU - Sabelhaus, John AD - Federal Reserve System ; US Internal Revenue Service ; Board of Governors of the Federal Reserve System Y1 - 2015/01// PY - 2015 DA - Jan 2015 SP - 1 EP - 16 VL - 33 IS - 1 SN - 1074-3529, 1074-3529 KW - Economics KW - Taxpayers KW - Marital status KW - Economic shock KW - Withdrawal KW - Retirement KW - Income UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1634462628?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Contemporary+economic+policy&rft.atitle=Early+withdrawals+from+retirement+accounts+during+the+great+recession&rft.au=Argento%2C+Robert%3BBryant%2C+Victoria+L%3BSabelhaus%2C+John&rft.aulast=Argento&rft.aufirst=Robert&rft.date=2015-01-01&rft.volume=33&rft.issue=1&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=Contemporary+economic+policy&rft.issn=10743529&rft_id=info:doi/10.1111%2Fcoep.12064 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-12-09 N1 - Last updated - 2014-12-09 N1 - SubjectsTermNotLitGenreText - 10984; 4002 3980 9965; 12579; 6271; 13576; 7699 7748 6823 DO - http://dx.doi.org/10.1111/coep.12064 ER - TY - BOOK T1 - The Determinants of Subprime Mortgage Performance following a Loan Modification AN - 1684418558; 2011-817442 AB - Examines the evolution of mortgage modification terms obtained by distressed subprime borrowers during the recent housing crisis and the effect of the various types of modifications on the subsequent loan performance. The study estimates a discrete time proportional hazard model with competing risks to examine the determinants of post-modification mortgage outcomes and finds that principal reductions are particularly effective at improving loan outcomes -- as high loan-to-value ratios are the single greatest contributor to re-default and foreclosure, and reduced total payment and interest (P&I) reduces the likelihood of subsequent re-default and foreclosure. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Dec 15 2014, 37 pp. AU - Schmeiser, Maximilian D AU - Gross, Matthew B Y1 - 2014/12/15/ PY - 2014 DA - 2014 Dec 15 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Social conditions and policy - Housing KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - International banking and finance and financial institutions KW - Banking and public and private finance - Banking operations and services KW - Risk KW - Housing KW - Loans KW - Foreclosures KW - Payment KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418558?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Schmeiser%2C+Maximilian+D%3BGross%2C+Matthew+B&rft.aulast=Schmeiser&rft.aufirst=Maximilian&rft.date=2014-12-15&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Determinants+of+Subprime+Mortgage+Performance+following+a+Loan+Modification&rft.title=The+Determinants+of+Subprime+Mortgage+Performance+following+a+Loan+Modification&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015006pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-006 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Which Way to Recovery? Housing Market Outcomes and the Neighborhood Stabilization Program AN - 1684420232; 2011-817368 AB - To help communities recover from the foreclosure crisis, Congress enacted a set of policies known as the Neighborhood Stabilization Program (NSP). NSP's objective was to mitigate the impact of foreclosures on neighboring properties, through reducing the stock of distressed properties and removing sources of visual blight. This paper presents evidence on production outcomes achieved through the second round of NSP funding (NSP2) and discusses the housing market context under which the program operated from 2010 to 2013. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Dec 3 2014, 40 pp. AU - Schuetz, Jenny AU - Spader, Jonathan AU - Buell, Jennifer Lewis AU - Burnett, Kimberly AU - Buron, Larry AU - Cortes, Alvaro AU - DiDomenico, Michael AU - Jefferson, Anna AU - Redfearn, Christian AU - Whitlow, Stephen Y1 - 2014/12/03/ PY - 2014 DA - 2014 Dec 03 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Social conditions and policy - Urban conditions KW - Social conditions and policy - Housing KW - Economic conditions and policy - Property and wealth KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Banking and public and private finance - Investments and securities KW - Housing KW - Production KW - Foreclosures KW - Neighborhoods KW - Stocks KW - Property KW - Federal reserve system KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420232?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Schuetz%2C+Jenny%3BSpader%2C+Jonathan%3BBuell%2C+Jennifer+Lewis%3BBurnett%2C+Kimberly%3BBuron%2C+Larry%3BCortes%2C+Alvaro%3BDiDomenico%2C+Michael%3BJefferson%2C+Anna%3BRedfearn%2C+Christian%3BWhitlow%2C+Stephen&rft.aulast=Schuetz&rft.aufirst=Jenny&rft.date=2014-12-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Which+Way+to+Recovery%3F+Housing+Market+Outcomes+and+the+Neighborhood+Stabilization+Program&rft.title=Which+Way+to+Recovery%3F+Housing+Market+Outcomes+and+the+Neighborhood+Stabilization+Program&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2015/files/2015004pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2015-004 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Impact of the Small Business Lending Fund on Community Bank Lending to Small Businesses AN - 1684419782; 2011-817098 AB - Following the financial crisis, total outstanding loans to businesses by commercial banks dropped off substantially. The current paper uses Call Report data from community banks and thrift institutions to examine the impact of receiving funds from the Small Business Lending Fund (SBLF) on their small business lending. Simple regression estimates indicate that participants in the SBLF program increased their small business lending by about 10% more than their non-participating counterparts; however, estimates that control for the ongoing growth path in small business lending indicate no statistically significant impact of SBLF participation on small business lending. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Dec 2014, 19 pp. AU - Amel, Dean AU - Mach, Traci Y1 - 2014/12// PY - 2014 DA - December 2014 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business and business enterprises KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Finance KW - Business KW - Loans KW - Small business KW - Economic conditions KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419782?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economic+journal&rft.atitle=The+ins+and+outs+of+unemployment%3A+an+analysis+conditional+on+technology+shocks&rft.au=Canova%2C+Fabio%3BLopez-Salido%2C+David%3BMichelacci%2C+Claudio&rft.aulast=Canova&rft.aufirst=Fabio&rft.date=2013-06-01&rft.volume=123&rft.issue=569&rft.spage=515&rft.isbn=&rft.btitle=&rft.title=Economic+journal&rft.issn=00130133&rft_id=info:doi/10.1111%2Fj.1468-0297.2012.02548.x L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/2014111pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-111 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The fiscal stress arising from state and local retiree health obligations AN - 1660032498; 4649303 AB - A major factor weighing down the long-term finances of state and local governments is the obligation to fund retiree benefits. While state and local government pension obligations have been analyzed in great detail, much less attention has been paid to the costs of the other major retiree benefit provided by these governments: retiree health insurance. The first portion of the paper uses the information contained in the annual actuarial reports for public retiree health plans to reverse engineer the cash flows underlying the liabilities given in the report. Obtaining the cash flows allows us to construct liability estimates which are consistent across governments in terms of the discount rate, actuarial method and assumptions concerning medical cost inflation and mortality. We find that the total unfunded accrued liability of state and local governments for the provision of retiree health care exceeds $1 trillion, or about ⅓ of total state and local government revenue. Relative to pension obligations discounted at the same rate, we find that unfunded retiree health care liabilities are ½ the size of unfunded pension obligations. We also find that using assumptions concerning the growth in health care costs that are arguably more realistic than those employed by most states actually reduces the size of the liability in most cases. Pushing in the opposite direction, we find that using plausibly more realistic mortality assumptions increases the size of liability. The second portion of the paper places retiree health care obligations into context by examining the budget pressures associated with retiree health on a continuing, largely pay-as-you go basis. We find that much of the projected increase in retiree health obligations as a share of revenue is the result of health care cost growth. On average, states could put their retiree health obligations into long-run fiscal balance by contributing an additional ¾ percent of total revenue toward the benefit each year. There is, however, wide variation across the states, with the majority of states requiring little in the way of additional financing, but some states requiring a significantly larger increase. All rights reserved, Elsevier JF - Journal of health economics AU - Lutz, Byron AU - Sheiner, Louise AD - Board of Governors of the Federal Reserve System ; Brookings Institution Y1 - 2014/12// PY - 2014 DA - Dec 2014 SP - 130 EP - 146 VL - 38 SN - 0167-6296, 0167-6296 KW - Economics KW - Health expenditure KW - Health care KW - Pensions KW - Local government KW - Obligation KW - Health insurance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1660032498?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+health+economics&rft.atitle=The+fiscal+stress+arising+from+state+and+local+retiree+health+obligations&rft.au=Lutz%2C+Byron%3BSheiner%2C+Louise&rft.aulast=Lutz&rft.aufirst=Byron&rft.date=2014-12-01&rft.volume=38&rft.issue=&rft.spage=130&rft.isbn=&rft.btitle=&rft.title=Journal+of+health+economics&rft.issn=01676296&rft_id=info:doi/10.1016%2Fj.jhealeco.2014.06.002 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-03-02 N1 - Last updated - 2015-03-03 N1 - SubjectsTermNotLitGenreText - 9369; 8827; 7506 5551; 5775 13521; 5784 6592 4957 11923 11949 13521; 5780 4618 DO - http://dx.doi.org/10.1016/j.jhealeco.2014.06.002 ER - TY - JOUR T1 - Modelling the causes and manifestation of bank stress: an example from the financial crisis AN - 1622301641; 4614723 AB - In this study, I model the predictors and manifestation of bank stress during the financial crisis using a Multiple Indicator Multiple Cause model. Unlike most early warning models that predict failure probabilities, this article describes a framework for predicting a broader notion of bank stress that need not rely on regulatory decisions. As such, this method can be easily applied to large institutions, and avoids the complications associated with modelling a regulatory decision such as failure or a CAMELS downgrade. Using bank reliance on Term Auction Facility funds and the out-of-sample incidence of failures and acquisitions, I demonstrate that the measure of bank stress generated here accords with other notions of bank-level distress. Finally, this method catalogues predictors of distress during the financial crisis. Thus, this article can help assess the validity of several recent regulatory proposals. I find that those banks entering the crisis with more Tier 1 capital, more liquid balance sheets, and relatively stable liabilities subsequently came under less stress. These findings support the Basel III recommended increases in banks' capital adequacy, liquidity and stable funding. Reprinted by permission of Routledge, Taylor and Francis Ltd. JF - Applied economics AU - Kandrac, John AD - Federal Reserve System Y1 - 2014/12// PY - 2014 DA - Dec 2014 SP - 4290 EP - 4301 VL - 46 IS - 35 SN - 0003-6846, 0003-6846 KW - Economics KW - Financial crisis KW - Banking system KW - Acquisitions KW - Financial regulation KW - Failure KW - Institutions UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1622301641?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Applied+economics&rft.atitle=Modelling+the+causes+and+manifestation+of+bank+stress%3A+an+example+from+the+financial+crisis&rft.au=Kandrac%2C+John&rft.aulast=Kandrac&rft.aufirst=John&rft.date=2014-12-01&rft.volume=46&rft.issue=35&rft.spage=4290&rft.isbn=&rft.btitle=&rft.title=Applied+economics&rft.issn=00036846&rft_id=info:doi/10.1080%2F00036846.2014.955257 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-11-10 N1 - Last updated - 2014-11-11 N1 - SubjectsTermNotLitGenreText - 4920 3904; 4948 10742; 547 2527 3896 3921; 1474 1477 4930 6590; 4733 9390; 6590 DO - http://dx.doi.org/10.1080/00036846.2014.955257 ER - TY - BOOK T1 - Banks, Capital Flows, and Financial Crises AN - 1684418907; 2011-817450 AB - Proposes a macroeconomic model with financial intermediaries (banks), in which banks face occasionally binding leverage constraints and may endogenously affect the strength of their balance sheets by issuing new equity. The model can account for occasional financial crises as a result of the nonlinearity induced by the constraint. Banks' precautionary equity issuance makes financial crises infrequent events occurring along with 'regular' business cycle fluctuations. An episode of capital inflows and rapid credit expansion, triggered by low country interest rates, leads banks to endogenously decrease the rate of equity issuance, contributing to an increase in the likelihood of a crisis. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Nov 7 2014, 39 pp. AU - Akinci, Ozge AU - Queraltoy, Albert Y1 - 2014/11/07/ PY - 2014 DA - 2014 Nov 07 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Social conditions and policy - Social values KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Accounting KW - Economic conditions and policy - Economic theory KW - Interest rates KW - Credit KW - Macroeconomics KW - Balance sheets KW - Capital KW - Business cycles KW - Banking KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418907?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Akinci%2C+Ozge%3BQueraltoy%2C+Albert&rft.aulast=Akinci&rft.aufirst=Ozge&rft.date=2014-11-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Banks%2C+Capital+Flows%2C+and+Financial+Crises&rft.title=Banks%2C+Capital+Flows%2C+and+Financial+Crises&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1121.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1121 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Conservatism and Liquidity Traps AN - 1684419826; 2011-817104 AB - Appointing Rogo's (1985) conservative central banker improves welfare if the economy is subject to large contractionary shocks and the policy rate occasionally falls to the zero lower bound (ZLB). In an economy with occasionally binding ZLB constraints, the anticipation of future ZLB episodes creates a trade-off between inflation and output stabilization. As a consequence, inflation systematically falls below target even when the policy rate is above zero. A conservative central banker mitigates this deflationary bias away from the ZLB, improving allocations both at and away from the ZLB through expectations. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Nov 2014, 45 pp. AU - Nakata, Taisuke AU - Schmidt, Sebastian Y1 - 2014/11// PY - 2014 DA - November 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Economic policy, planning, and development KW - Politics - Political ideologies and movements KW - Conservatism KW - Welfare economics KW - Inflation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419826?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nakata%2C+Taisuke%3BSchmidt%2C+Sebastian&rft.aulast=Nakata&rft.aufirst=Taisuke&rft.date=2014-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Analysis+of+Wealth+Using+Micro+and+Macro+Data%3A+A+Comparison+of+the+Survey+of+Consumer+Finances+and+Flow+of+Funds+Accounts&rft.title=Analysis+of+Wealth+Using+Micro+and+Macro+Data%3A+A+Comparison+of+the+Survey+of+Consumer+Finances+and+Flow+of+Funds+Accounts&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/2014105pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-105 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Gains from Offshoring? Evidence from U.S. Microdata AN - 1684418957; 2011-817447 AB - This study constructs a new linked data set with over one thousand offshoring events by matching Trade Adjustment Assistance program petition data to confidential data on US firm operations. It exploits these data to assess how offshoring affects domestic firm-level aggregate employment, output, wages, and productivity. Consistent with heterogenous firm models where offshoring involves a fixed cost, this study finds that the average offshoring firm is larger and more productive than the average non-offshorer. Thus, offshoring is a strong substitute for domestic activity in this large sample of offshoring events. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Nov 2014, 61 pp. AU - Monarch, Ryan AU - Park, Jooyoun AU - Sivadasan, Jagadeesh Y1 - 2014/11// PY - 2014 DA - November 2014 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business organization and administration KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Labor conditions and policy - Employment and labor supply KW - Economic conditions and policy - Economic theory KW - Cost KW - United States KW - Outsourcing KW - Employment KW - Productivity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418957?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Monarch%2C+Ryan%3BPark%2C+Jooyoun%3BSivadasan%2C+Jagadeesh&rft.aulast=Monarch&rft.aufirst=Ryan&rft.date=2014-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Gains+from+Offshoring%3F+Evidence+from+U.S.+Microdata&rft.title=Gains+from+Offshoring%3F+Evidence+from+U.S.+Microdata&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1124.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1124 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Cyclically Adjusted Current Account Balances AN - 1684418809; 2011-817445 AB - The Great Financial Crisis coincided with a sizable reduction in global external imbalances, defined as the absolute value of the sum of individual country current account surpluses and deficits relative to global GDP. Although current account balances should not respond to a downturn that is uniform across countries, one that hits countries with current account deficits harder than those with surpluses might result in a decline in the global balance. This paper quantifies the cyclical portion of the current account balance for 35 countries using estimates of the severity of the cycle relative to that of their trading partners. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Nov 2014, 25 pp. AU - Haltmaier, Jane Y1 - 2014/11// PY - 2014 DA - November 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Finance KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418809?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Haltmaier%2C+Jane&rft.aulast=Haltmaier&rft.aufirst=Jane&rft.date=2014-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Cyclically+Adjusted+Current+Account+Balances&rft.title=Cyclically+Adjusted+Current+Account+Balances&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1126.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1126 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Sequential Monte Carlo sampling for DSGE models AN - 1646697320; 4636323 AB - We develop a sequential Monte Carlo (SMC) algorithm for estimating Bayesian dynamic stochastic general equilibrium (DSGE) models; wherein a particle approximation to the posterior is built iteratively through tempering the likelihood. Using two empirical illustrations consisting of the Smets and Wouters model and a larger news shock model we show that the SMC algorithm is better suited for multimodal and irregular posterior distributions than the widely used random walk Metropolis-Hastings algorithm. We find that a more diffuse prior for the Smets and Wouters model improves its marginal data density and that a slight modification of the prior for the news shock model leads to drastic changes in the posterior inference about the importance of news shocks for fluctuations in hours worked. Unlike standard Markov chain Monte Carlo (MCMC) techniques; the SMC algorithm is well suited for parallel computing. Copyright © 2014 John Wiley & Sons, Ltd. Copyright John Wiley & Sons. Reproduced with Permission. An electronic version of this article is available online at http://www.interscience.wiley.com JF - Journal of applied econometrics AU - Herbst, Edward AU - Schorfheide, Frank AD - Board of Governors of the Federal Reserve System ; University of Pennsylvania Y1 - 2014/11// PY - 2014 DA - Nov 2014 SP - 1073 EP - 1098 VL - 29 IS - 7 SN - 0883-7252, 0883-7252 KW - Economics KW - Monte Carlo simulation KW - Stochastic processes KW - Economic shock KW - General economic equilibrium KW - Markovian processes KW - Bayesian method UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1646697320?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+applied+econometrics&rft.atitle=Sequential+Monte+Carlo+sampling+for+DSGE+models&rft.au=Herbst%2C+Edward%3BSchorfheide%2C+Frank&rft.aulast=Herbst&rft.aufirst=Edward&rft.date=2014-11-01&rft.volume=29&rft.issue=7&rft.spage=1073&rft.isbn=&rft.btitle=&rft.title=Journal+of+applied+econometrics&rft.issn=08837252&rft_id=info:doi/10.1002%2Fjae.2397 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-01-20 N1 - Last updated - 2015-01-20 N1 - SubjectsTermNotLitGenreText - 8268 12265 3865 4025 10214 12224 971 12228 10919; 1512 3865 4025; 5436 4375; 12265 3865 4025 10214 12224 971 12228 10919; 7747 12265 3865 4025 10214 12224 971 12228 10919; 4002 3980 9965 DO - http://dx.doi.org/10.1002/jae.2397 ER - TY - JOUR T1 - Practical tools for policy analysis in DSGE models with missing shocks AN - 1646697291; 4636326 AB - In this paper we analyze the propagation of shocks originating in sectors that are not present in a baseline dynamic stochastic general equilibrium (DSGE) model. Specifically, we proxy the missing sector through a small set of factors that feed into the structural shocks of the DSGE model to create correlated disturbances. We estimate the factor structure by either matching impulse responses of the augmented DSGE model to those generated by an auxiliary model or by using Bayesian techniques. We apply this methodology to track the effects of oil shocks and housing demand shocks in models without energy or housing sectors. Copyright © ; 2014 John Wiley & Sons, Ltd. Copyright John Wiley & Sons. Reproduced with Permission. An electronic version of this article is available online at http://www.interscience.wiley.com JF - Journal of applied econometrics AU - Lipińska, Anna AU - Caldara, Dario AU - Harrison, Richard AD - Board of Governors of the Federal Reserve System ; Bank of England Y1 - 2014/11// PY - 2014 DA - Nov 2014 SP - 1145 EP - 1163 VL - 29 IS - 7 SN - 0883-7252, 0883-7252 KW - Economics KW - Equilibrium models KW - Stochastic models KW - Housing KW - Policy analysis KW - Demand shock KW - Bayesian method UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1646697291?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+applied+econometrics&rft.atitle=Practical+tools+for+policy+analysis+in+DSGE+models+with+missing+shocks&rft.au=Lipi%C5%84ska%2C+Anna%3BCaldara%2C+Dario%3BHarrison%2C+Richard&rft.aulast=Lipi%C5%84ska&rft.aufirst=Anna&rft.date=2014-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Economic+Volatility+and+Financial+Markets%3A+The+Case+of+Mortgage-Backed+Securities&rft.title=Economic+Volatility+and+Financial+Markets%3A+The+Case+of+Mortgage-Backed+Securities&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2015-01-20 N1 - Last updated - 2015-01-20 N1 - SubjectsTermNotLitGenreText - 9617 971; 4377; 1512 3865 4025; 6045 5706; 12263 8163; 3385 3371 3934 12402 4025 DO - http://dx.doi.org/10.1002/jae.2409 ER - TY - BOOK T1 - Generating Options-Implied Probability Densities to Understand Oil Market Events AN - 1684417507; 2011-817449 AB - Investigates the informational content of options-implied probability density functions (PDFs) for the future price of oil. Using a semiparametric variant of the methodology in Breeden and Litzenberger (1978), the authors investigate the fit and smoothness of distributions derived from alternative PDF estimation methods and develop a set of robust summary statistics. Using PDFs estimated around episodes of high geopolitical tensions, oil supply disruptions, and macroeconomic data releases, the study explores the extent to which oil price movements are expected or unexpected, and whether agents believe these movements to be persistent or temporary. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Oct 29 2014, 48 pp. AU - Datta, Deepa Dhume AU - Londono, Juan M AU - Ross, Landon J Y1 - 2014/10/29/ PY - 2014 DA - 2014 Oct 29 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business finance KW - Business and service sector - Markets, marketing, and merchandising KW - Education and education policy - Statistics, research, research methods, and research support KW - Economic conditions and policy - Economic theory KW - Statistics KW - Prices KW - Macroeconomics KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684417507?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Datta%2C+Deepa+Dhume%3BLondono%2C+Juan+M%3BRoss%2C+Landon+J&rft.aulast=Datta&rft.aufirst=Deepa&rft.date=2014-10-29&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Generating+Options-Implied+Probability+Densities+to+Understand+Oil+Market+Events&rft.title=Generating+Options-Implied+Probability+Densities+to+Understand+Oil+Market+Events&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1122.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1122 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Financing Constraints and Unemployment: Evidence from the Great Recession AN - 1684420304; 2011-817117 AB - Exploiting the differential financing needs across industrial sectors, this paper shows that financing constraints of small businesses in the US are one of the drivers explaining the unemployment dynamics during the Great Recession. It shows that workers in small firms are more likely to become unemployed during the 2007-2009 financial crisis if they work in industries with high external financing needs. There are very similar results for the 1990-1991 recession, but not for the 2001 recession, where only the former was associated with a reduction in loan supply. These findings further support the credit constraints hypothesis. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Oct 22 2014, 53 pp. AU - Duygan-Bump, Burcu AU - Levkov, Alexey AU - Montoriol-Garriga, Judit Y1 - 2014/10/22/ PY - 2014 DA - 2014 Oct 22 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Labor conditions and policy - Employment and labor supply KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Manufacturing and heavy industry - Industry and industrial policy KW - Business and service sector - Business finance KW - United States KW - Finance KW - Loans KW - Unemployment KW - Credit KW - Small business KW - Economic conditions KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420304?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Duygan-Bump%2C+Burcu%3BLevkov%2C+Alexey%3BMontoriol-Garriga%2C+Judit&rft.aulast=Duygan-Bump&rft.aufirst=Burcu&rft.date=2014-10-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Financing+Constraints+and+Unemployment%3A+Evidence+from+the+Great+Recession&rft.title=Financing+Constraints+and+Unemployment%3A+Evidence+from+the+Great+Recession&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201492pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-92 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Federal Reserve's Tools for Policy Normalization in a Preferred Habitat Model of Financial Markets AN - 1684420150; 2011-817373 AB - This paper develops a model of the financial system that provides a framework for analyzing monetary policy implementation in a world with multiple Federal Reserve liabilities and a superabundant supply of reserves. The analysis demonstrates that the Federal Reserve's suite of policy tools including interest on excess reserves (IOER), overnight and term reverse repurchase agreements, and term deposits should allow the Federal Reserve to raise the level of short-term interest rates at the appropriate time. The model also demonstrates that these tools could be used in different ways to achieve any given desired level of interest rates. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Oct 2014, 37 pp. AU - Chen, Han AU - Clouse, Jim AU - Ihrig, Jane AU - Klee, Elizabeth Y1 - 2014/10// PY - 2014 DA - October 2014 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Public finance KW - Law and ethics - Liability, torts, and personal injury KW - Interest rates KW - Liability KW - Markets KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420150?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Chen%2C+Han%3BClouse%2C+Jim%3BIhrig%2C+Jane%3BKlee%2C+Elizabeth&rft.aulast=Chen&rft.aufirst=Han&rft.date=2014-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Federal+Reserve%27s+Tools+for+Policy+Normalization+in+a+Preferred+Habitat+Model+of+Financial+Markets&rft.title=The+Federal+Reserve%27s+Tools+for+Policy+Normalization+in+a+Preferred+Habitat+Model+of+Financial+Markets&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201483pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-83 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Diffusion of Containerization AN - 1684419307; 2011-817121 AB - Uses a newly constructed, comprehensive dataset to investigate the diffusion of containerization. Country adoption is exceptionally fast while firm usage increases more slowly. To guide the empirical investigation, the study builds a multi-country trade model with endogenous adoption of a new transportation technology that is consistent with these facts. Testing empirically the predictions of the model finds that (1) usage of containerization increases with firms' fixed costs and the size and average income of the container network and (2) adoption depends on expected future usage, adoption costs, and trade with the US, the first and largest user of containerization. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Oct 2014, 63 pp. AU - Rua, Gisela Y1 - 2014/10// PY - 2014 DA - October 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic theory KW - Transportation and transportation policy - Transportation KW - Business and service sector - Accounting KW - Administration of justice - Police and law enforcement KW - Science and technology policy - Technology and technology policy KW - United States KW - Cost KW - Investigation KW - Transportation KW - Technology KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419307?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rua%2C+Gisela&rft.aulast=Rua&rft.aufirst=Gisela&rft.date=2014-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Diffusion+of+Containerization&rft.title=Diffusion+of+Containerization&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201488pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-88 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Replacement of Safe Assets: Evidence from the U.S. Bond Portfolio AN - 1684417465; 2011-817448 AB - The expansion in financial sector 'safe' assets, largely in the form of structured products from the US and the Caribbean, in the lead-up to the global financial crisis has by now been fairly well documented. This study shows that since the crisis, it is mostly the foreign financial sector that appears to have met US demand for safe and liquid investment assets by expanding its supply of debt securities. These findings have led to a decline in home bias in the US financial bond portfolio that the researchers are able to document for the first time. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Oct 2014, 47 pp. AU - Bertaut, Carol AU - Tabova, Alexandra AU - Wong, Vivian Y1 - 2014/10// PY - 2014 DA - October 2014 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Investments and securities KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - United States KW - Finance KW - Bonds KW - Assets KW - Foreign investments KW - Debt KW - Caribbean region KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684417465?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bertaut%2C+Carol%3BTabova%2C+Alexandra%3BWong%2C+Vivian&rft.aulast=Bertaut&rft.aufirst=Carol&rft.date=2014-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Replacement+of+Safe+Assets%3A+Evidence+from+the+U.S.+Bond+Portfolio&rft.title=The+Replacement+of+Safe+Assets%3A+Evidence+from+the+U.S.+Bond+Portfolio&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1123.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1123 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Swaption pricing in affine and other models AN - 1613946264; 4609542 AB - This paper shows that Singleton and Umantsev's method for swaption pricing in affine models can be simplified and extended to other models. Two alternative methods for approximating the option exercise boundary are introduced: one based on the multivariate Taylor series expansion, and the other based on duration‐ ;matched zero-coupon bond approximation. Applied to affine models and quadratic-Gaussian models, these methods are found to give accurate swaption prices. Reprinted by permission of Blackwell Publishers JF - Mathematical finance AU - Kim, Don H AD - Board of Governors of the Federal Reserve System Y1 - 2014/10// PY - 2014 DA - Oct 2014 SP - 790 EP - 820 VL - 24 IS - 4 SN - 0960-1627, 0960-1627 KW - Economics KW - Pricing KW - Bonds KW - Multivariate analysis KW - Economic models KW - International finance KW - Methodology UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1613946264?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=&rft.atitle=The+Long+and+the+Short+of+Household+Formation&rft.au=Paciorek%2C+Andrew+D&rft.aulast=Paciorek&rft.aufirst=Andrew&rft.date=2013-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-10-20 N1 - Last updated - 2014-10-20 N1 - SubjectsTermNotLitGenreText - 10119; 6727 4908 6725 4025; 7994; 8379 12224 971; 1696; 3969 8163 DO - http://dx.doi.org/10.1111/mafi.12014 ER - TY - BOOK T1 - An Industrial Organization Approach to International Portfolio Diversification: Evidence from the U.S. Mutual Fund Families AN - 1684420156; 2011-817377 AB - Although the lack of international portfolio diversification has long interested the financial economics literature, the role of financial intermediaries in the market for diversified portfolios has rarely been studied. This paper introduces a microeconomic aspect of under-diversification by examining a new data on US-based mutual fund families' global diversification. It documents the fund families' investments in global equity markets and explores features of supply and demand in the mutual fund market to explain their limited global diversification. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 17 2014, 59 pp. AU - Shin, Chae Hee Y1 - 2014/09/17/ PY - 2014 DA - 2014 Sep 17 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Markets, marketing, and merchandising KW - Social conditions and policy - Marriage and family life KW - Banking and public and private finance - Investments and securities KW - Law and ethics - Ethics KW - Economic conditions and policy - Economic theory KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Investments KW - Family KW - Markets KW - Supply and demand KW - Industrial organization KW - Equity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420156?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Shin%2C+Chae+Hee&rft.aulast=Shin&rft.aufirst=Chae&rft.date=2014-09-17&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=An+Industrial+Organization+Approach+to+International+Portfolio+Diversification%3A+Evidence+from+the+U.S.+Mutual+Fund+Families&rft.title=An+Industrial+Organization+Approach+to+International+Portfolio+Diversification%3A+Evidence+from+the+U.S.+Mutual+Fund+Families&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201478pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-78 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Bank Interventions and Options-based Systemic Risk: Evidence from the Global and Euro-area Crisis AN - 1684418818; 2011-817454 AB - Using a novel dataset on central bank interventions to financial institutions, this study examines the impact of capital injection announcements on systemic risk for the banking sector in the US and the euro area between 2008 and 2013. It proposes a new measure of options-based systemic risk called downside correlation risk premium (DCRP), which quantifies the compensation investors demand for being exposed to the risk of large correlated drops in bank stock prices. It finds that, irrespective of their characteristics, intervention announcements significantly reduce DCRP in the US while for the euro area, interventions were largely unsuccessful at reducing DCRP. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Sep 4 2014, 30 pp. AU - Londono, Juan M AU - Tian, Mary Y1 - 2014/09/04/ PY - 2014 DA - 2014 Sep 04 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - Banking operations and services KW - International relations - Regional organizations KW - Banking and public and private finance - Central banks KW - Business and service sector - Business finance KW - Banking and public and private finance - Investments and securities KW - Economic conditions and policy - Property and wealth KW - Central banks KW - United States KW - Risk KW - Investors KW - European Union KW - Prices KW - Stocks KW - Capital KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418818?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Londono%2C+Juan+M%3BTian%2C+Mary&rft.aulast=Londono&rft.aufirst=Juan&rft.date=2014-09-04&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Bank+Interventions+and+Options-based+Systemic+Risk%3A+Evidence+from+the+Global+and+Euro-area+Crisis&rft.title=Bank+Interventions+and+Options-based+Systemic+Risk%3A+Evidence+from+the+Global+and+Euro-area+Crisis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1117.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1117 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Returning to the Nest: Debt and Parental Co-residence among Young Adults AN - 1684419853; 2011-817375 AB - This paper examines the relationship between a young adults' debt burden and the decision to co-reside with a parent. Using a quarterly panel of young adults' credit histories, and controlling for age, county, and quarter fixed effects, and local demographic characteristics, unemployment rates, and house prices, it estimates the relationship between current period debt and subsequent decisions to co-reside with a parent. The results indicate that indebtedness -- as measured by average loan balances, declining credit scores, and delinquency on accounts -- increases flows into parental coresidence. Moreover, after moving in, delinquency and low credit scores increase time spent in co-residence. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Sep 2 2014, 52 pp. AU - Dettling, Lisa J AU - Hsu, Joanne W Y1 - 2014/09/02/ PY - 2014 DA - 2014 Sep 02 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Accounting KW - Banking and public and private finance - Credit, loans, and personal finance KW - Population groups, population policy, and demographics - Children and youth KW - Social conditions and policy - Marriage and family life KW - Social conditions and policy - Social sciences and social scientists KW - Social conditions and policy - History KW - Labor conditions and policy - Employment and labor supply KW - Business and service sector - Business finance KW - Unemployment KW - History KW - Loans KW - Prices KW - Credit KW - Debt KW - Young adults KW - Parents KW - Demographics KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419853?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Dettling%2C+Lisa+J%3BHsu%2C+Joanne+W&rft.aulast=Dettling&rft.aufirst=Lisa&rft.date=2014-09-02&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Returning+to+the+Nest%3A+Debt+and+Parental+Co-residence+among+Young+Adults&rft.title=Returning+to+the+Nest%3A+Debt+and+Parental+Co-residence+among+Young+Adults&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201480pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-80 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Labor Force Participation: Recent Developments and Future Prospects AN - 1684420260; 2011-817438 AB - Since 2007, the labor force participation rate has fallen from about 66% to about 63%. The sources of this decline have been widely debated among academics and policymakers, with some arguing that the participation rate is depressed due to weak labor demand while others argue that the decline was inevitable due to structural forces such as the aging of the population. This paper uses a variety of approaches to assess reasons for the decline in participation and finds that much -- but not all -- of the decline in the labor force participation rate since 2007 is structural in nature. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Sep 2014, 69 pp. AU - Aaronson, Stephanie AU - Cajner, Tomaz AU - Fallick, Bruce AU - Galbis-Reig, Felix AU - Smith, Christopher L AU - Wascher, William Y1 - 2014/09// PY - 2014 DA - September 2014 PB - Board of Governors of the Federal Reserve System KW - Labor conditions and policy - Work and labor KW - Population groups, population policy, and demographics - Demography and census KW - Population aging KW - Labor KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420260?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Aaronson%2C+Stephanie%3BCajner%2C+Tomaz%3BFallick%2C+Bruce%3BGalbis-Reig%2C+Felix%3BSmith%2C+Christopher+L%3BWascher%2C+William&rft.aulast=Aaronson&rft.aufirst=Stephanie&rft.date=2014-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Labor+Force+Participation%3A+Recent+Developments+and+Future+Prospects&rft.title=Labor+Force+Participation%3A+Recent+Developments+and+Future+Prospects&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201464/201464pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-64 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Auto Sales and Credit Supply AN - 1684419970; 2011-817374 AB - Vehicle purchases fell by more than 20% during the 2007-2009 recession, and auto loan originations fell by a third. This report shows that vehicle purchases typically account for an outsized share of the contraction in economic activity during a recession, in part because a concurrent tightening in auto lending conditions makes car purchases less affordable for many households. It explores the link between lending conditions and vehicle purchases with a novel gauge of credit supply conditions -- household perceptions of vehicle financing conditions as measured on the Reuters/University of Michigan Survey of Consumers. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Sep 2014, 40 pp. AU - Johnson, Kathleen W AU - Pence, Karen M AU - Vine, Daniel J Y1 - 2014/09// PY - 2014 DA - September 2014 PB - Board of Governors of the Federal Reserve System KW - Population groups, population policy, and demographics - Demography and census KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Consumers and consumption KW - Business and service sector - Markets, marketing, and merchandising KW - Transportation and transportation policy - Roads and land transport KW - Manufacturing and heavy industry - Automotive industry KW - Education and education policy - Colleges and universities KW - University of Michigan KW - Sales KW - Loans KW - Motor vehicles KW - Consumer credit KW - Households KW - Credit KW - Consumers KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419970?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Johnson%2C+Kathleen+W%3BPence%2C+Karen+M%3BVine%2C+Daniel+J&rft.aulast=Johnson&rft.aufirst=Kathleen&rft.date=2014-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Auto+Sales+and+Credit+Supply&rft.title=Auto+Sales+and+Credit+Supply&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201482pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-82 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Long-term Vacancy in the United States AN - 1684419443; 2011-817382 AB - This paper uses long-term vacancy -- defined as nonseasonal housing units that have been vacant for an unusually long period of time -- to quantify the extent of excess supply in the housing market. It found that long-term vacancy is less than 2% of all nonseasonal housing units and accounts for only one quarter of the aggregate increase in nonseasonal vacancy from 2001 to 2011 -- Thus, at the national level, excess supply is considerably less extensive than indicated by traditional measures of vacancy. However, the stock of long-term vacant housing is concentrated in a small number of neighborhoods that do have high long-term vacancy rates. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Sep 2014, 38 pp. AU - Molloy, Raven Y1 - 2014/09// PY - 2014 DA - September 2014 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - Social conditions and policy - Urban conditions KW - Banking and public and private finance - Investments and securities KW - United States KW - Housing KW - Neighborhoods KW - Stocks KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419443?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Molloy%2C+Raven&rft.aulast=Molloy&rft.aufirst=Raven&rft.date=2014-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Long-term+Vacancy+in+the+United+States&rft.title=Long-term+Vacancy+in+the+United+States&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201473pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-73 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Offshoring, Mismatch, and Labor Market Outcomes AN - 1684417496; 2011-817453 AB - Studies the role of labor market mismatch in the adjustment to a trade liberalization that results in the offshoring of high-tech production. The model features two-sided heterogeneity in the labor market: high- and low-skilled workers are matched in a frictional labor market with high- and low-tech firms. When high-skilled workers choose to accept a less desirable job in the low-tech industry, it is actually beneficial for the labor market in the country doing the offshoring. Mismatch dampens both the increase in the aggregate unemployment rate and the decline in aggregate wages caused by shifting domestic production abroad. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 2014, 36 pp. AU - Arseneau, David M AU - Epstein, Brendan Y1 - 2014/09// PY - 2014 DA - September 2014 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Markets, marketing, and merchandising KW - Labor conditions and policy - Work and labor KW - Business and service sector - Business organization and administration KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Trade and trade policy - Export-import trade KW - Labor conditions and policy - Employment and labor supply KW - Manufacturing and heavy industry - Industry and industrial policy KW - Trade liberalization KW - Unemployment KW - Production KW - Outsourcing KW - Markets KW - Labor KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684417496?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Arseneau%2C+David+M%3BEpstein%2C+Brendan&rft.aulast=Arseneau&rft.aufirst=David&rft.date=2014-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Offshoring%2C+Mismatch%2C+and+Labor+Market+Outcomes&rft.title=Offshoring%2C+Mismatch%2C+and+Labor+Market+Outcomes&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/ifdp/2014/files/ifdp1118.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1118 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Credit Status and College Investment: Implications for Student Loan Policies AN - 1684418831; 2011-817440 AB - The private market for student loans has become an important source of college financing in the US. Unlike government student loans, the terms on student loans in the private market are based on credit status. This study quantifies the importance of the private market for student loans and of credit status for college investment in a general equilibrium heterogeneous life-cycle economy. It finds that students with good credit status invest in more college education (compared to those with bad credit status) and that this effect is more pronounced for low-income students. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 26 2014, 45 pp. AU - Ionescu, Felicia AU - Simpson, Nicole Y1 - 2014/08/26/ PY - 2014 DA - 2014 Aug 26 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Education and education policy - Education financing and facilities KW - Business and service sector - Markets, marketing, and merchandising KW - Education and education policy - Education personnel and population KW - Banking and public and private finance - Investments and securities KW - Education and education policy - Education KW - United States KW - Education KW - Investments KW - Credit KW - Students KW - Markets KW - Student loans KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418831?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ionescu%2C+Felicia%3BSimpson%2C+Nicole&rft.aulast=Ionescu&rft.aufirst=Felicia&rft.date=2014-08-26&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Credit+Status+and+College+Investment%3A+Implications+for+Student+Loan+Policies&rft.title=Credit+Status+and+College+Investment%3A+Implications+for+Student+Loan+Policies&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201466/201466pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-66 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Employment and Firm Heterogeneity, Capital Allocation, and Countercyclical Labor Market Policies AN - 1684418739; 2011-817456 AB - Emerging and developing economies implemented a host of countercyclical labor market policies amid the global financial crisis, but data limitations on high-frequency labor and job flows prevent a detailed empirical assessment of the effectiveness of these policies. This study develops a business cycle model with frictional labor markets that is novel in light of its consistency with the employment and firm structure of emerging and developing economies to assess the aggregate impact of key countercyclical labor market policies. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 23 2014, 64 pp. AU - Epstein, Brendan AU - Shapiro, Alan Finkelstein Y1 - 2014/08/23/ PY - 2014 DA - 2014 Aug 23 PB - Board of Governors of the Federal Reserve System KW - Labor conditions and policy - Work and labor KW - Business and service sector - Markets, marketing, and merchandising KW - Labor conditions and policy - Employment and labor supply KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Property and wealth KW - Business and service sector - Business finance KW - Finance KW - Capital KW - Employment KW - Business cycles KW - Economic conditions KW - Markets KW - Labor KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418739?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Epstein%2C+Brendan%3BShapiro%2C+Alan+Finkelstein&rft.aulast=Epstein&rft.aufirst=Brendan&rft.date=2014-08-23&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Employment+and+Firm+Heterogeneity%2C+Capital+Allocation%2C+and+Countercyclical+Labor+Market+Policies&rft.title=Employment+and+Firm+Heterogeneity%2C+Capital+Allocation%2C+and+Countercyclical+Labor+Market+Policies&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1115/ifdp1115.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1115 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Returns to Active Management: The Case of Hedge Funds AN - 1684420269; 2011-817459 AB - Explores whether more active hedge fund managers generate higher returns than their less active peers. Using Kalman Filter techniques, this study estimates the risk exposure dynamics of a large sample of live and dead equity long-short hedge funds to develop a measure of activeness for each hedge fund. The results show that there exists a nonlinear relationship between activeness and performance. Using raw returns as a measure of performance, it is found that more active funds outperform the less active ones -- However, when risk adjusted returns are used to measure performance, activeness is inversely related to returns. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Aug 8 2014, 24 pp. AU - Kazemi, Maziar AU - Islamaj, Ergys Y1 - 2014/08/08/ PY - 2014 DA - 2014 Aug 08 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Public safety and security KW - Social conditions and policy - Social values KW - Risk KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420269?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kazemi%2C+Maziar%3BIslamaj%2C+Ergys&rft.aulast=Kazemi&rft.aufirst=Maziar&rft.date=2014-08-08&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Returns+to+Active+Management%3A+The+Case+of+Hedge+Funds&rft.title=Returns+to+Active+Management%3A+The+Case+of+Hedge+Funds&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1112/ifdp1112.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1112 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - What Drives the Cross-Section of Credit Spreads?: A Variance Decomposition Approach AN - 1684419939; 2011-817436 AB - Decomposes the cross-sectional variation of the credit spreads for corporate bonds into changing expected returns and changing expectation of credit losses with a model-free method. Using a log-linearized pricing identity and a vector autoregression applied to micro-level data from 1973 to 2011, this study finds that the expected credit loss component and the excess return component each explains about half of the variance of the credit spreads. Unlike the market-level findings in Gilchrist and Zakrajsek (2012), at the firm level, the expected credit loss is volatile and affects the firms' investment decisions more than the expected excess returns. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Aug 2 2014, 64 pp. AU - Nozawa, Yoshio Y1 - 2014/08/02/ PY - 2014 DA - 2014 Aug 02 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Banking and public and private finance - Investments and securities KW - Investments KW - Bonds KW - Credit KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419939?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nozawa%2C+Yoshio&rft.aulast=Nozawa&rft.aufirst=Yoshio&rft.date=2014-08-02&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=What+Drives+the+Cross-Section+of+Credit+Spreads%3F%3A+A+Variance+Decomposition+Approach&rft.title=What+Drives+the+Cross-Section+of+Credit+Spreads%3F%3A+A+Variance+Decomposition+Approach&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201462/201462pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-62 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - In Search of a Risk-free Asset AN - 1684419648; 2011-817101 AB - To attract retail time deposits, over 7,000 FDIC-insured US commercial banks publicly post their yield offers. This study documents an economically sizable and highly pro-cyclical cross-sectional dispersion in these yield offers during the period 1997-2011. Banks adjusted their yields rigidly and asymmetrically with median duration of 7 weeks in response to increasing or constant Fed Funds rate target regimes and 3 weeks during regimes of decreasing Fed Fund rate target. The study investigates to what extent information (search) costs on the part of the investors in this market can explain the observed pricing behavior. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 2 2014, 50 pp. AU - Yankov, Vladimir Y1 - 2014/08/02/ PY - 2014 DA - 2014 Aug 02 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Economic conditions and policy - Economic theory KW - Banking and public and private finance - Investments and securities KW - Cost KW - United States KW - Investors KW - Assets KW - Markets KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419648?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Yankov%2C+Vladimir&rft.aulast=Yankov&rft.aufirst=Vladimir&rft.date=2014-08-02&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=In+Search+of+a+Risk-free+Asset&rft.title=In+Search+of+a+Risk-free+Asset&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/2014108pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-108 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Determinants of the locations of alternative financial service providers AN - 1554210073; 4588946 AB - Many low-to-moderate income US households rely upon alternative financial service providers (AFSPs) for a variety of credit products and transaction services. The social welfare implications of this segment of the financial services industry are quite controversial. One aspect of the controversy involves the location decisions of AFSPs. This study examines the determinants of the locations of three types of AFSPs: payday lenders, pawnshops, and check-cashing outlets. Using county-level data for the entire country, I find that the number of AFSP outlets per capita is significantly related to demographic characteristics of the county population, measures of the population's creditworthiness, and the stringency of state laws and regulations that govern AFSPs. Reprinted by permission of Springer JF - Review of industrial organization AU - Prager, Robin A AD - Board of Governors of the Federal Reserve System Y1 - 2014/08// PY - 2014 DA - Aug 2014 SP - 21 EP - 38 VL - 45 IS - 1 SN - 0889-938X, 0889-938X KW - Economics KW - Determinants KW - Demographic change KW - Credit KW - Social welfare KW - Financial services KW - Regulation KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1554210073?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+industrial+organization&rft.atitle=Determinants+of+the+locations+of+alternative+financial+service+providers&rft.au=Prager%2C+Robin+A&rft.aulast=Prager&rft.aufirst=Robin&rft.date=2014-08-01&rft.volume=45&rft.issue=1&rft.spage=21&rft.isbn=&rft.btitle=&rft.title=Review+of+industrial+organization&rft.issn=0889938X&rft_id=info:doi/10.1007%2Fs11151-014-9421-4 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-08-18 N1 - Last updated - 2014-08-19 N1 - SubjectsTermNotLitGenreText - 3465 7815 971 2085 2088 10642 2688 2449 10404; 4957; 10742; 11949 13521; 3407 3412 9859; 2992; 433 293 14 DO - http://dx.doi.org/10.1007/s11151-014-9421-4 ER - TY - JOUR T1 - Bliss, catastrophe, and rational policy AN - 1554208863; 4588912 AB - Lotteries with infinite expected utility are inconsistent with the axioms of expected utility theory. To rule them out, either the set of permissible lotteries must be restricted (to exclude, at a minimum, 'fat-tailed' distributions such as that underlying the St. Petersburg Paradox and power laws that are popular in models of climate change), or the utility function must be bounded. This note explores the second approach and proposes a number of tractable specifications leading to utility functions that are bounded both from above and below. This property is intimately related to that of increasing relative risk aversion as first hypothesized by Arrow (1965). Reprinted by permission of Springer JF - Environmental and resource economics AU - Arrow, Kenneth J AU - Priebsch, Marcel AD - Board of Governors of the Federal Reserve System Y1 - 2014/08// PY - 2014 DA - Aug 2014 SP - 491 EP - 509 VL - 58 IS - 4 SN - 0924-6460, 0924-6460 KW - Economics KW - Economic theory KW - Lotteries KW - Utility functions KW - Utility theory KW - Property KW - Rationality UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1554208863?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Environmental+and+resource+economics&rft.atitle=Bliss%2C+catastrophe%2C+and+rational+policy&rft.au=Arrow%2C+Kenneth+J%3BPriebsch%2C+Marcel&rft.aulast=Arrow&rft.aufirst=Kenneth&rft.date=2014-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Effectiveness+of+the+Non-Standard+Policy+Measures+during+the+Financial+Crises%3A+The+Experiences+of+the+Federal+Reserve+and+the+European+Central+Bank&rft.title=The+Effectiveness+of+the+Non-Standard+Policy+Measures+during+the+Financial+Crises%3A+The+Experiences+of+the+Federal+Reserve+and+the+European+Central+Bank&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-08-18 N1 - Last updated - 2014-08-19 N1 - SubjectsTermNotLitGenreText - 13221; 10339; 13219 13221; 7548 5401 7336 3198; 10620; 4019 DO - http://dx.doi.org/10.1007/s10640-014-9788-6 ER - TY - BOOK T1 - Business to Business Credit to Small Firms AN - 1684420299; 2011-817429 AB - Following the financial crisis, total outstanding loans to businesses by commercial banks dropped off substantially. Large loans outstanding began to rebound by the third quarter of 2010 and essentially returned to their previous growth trajectory while small loans outstanding continued to decline. Anecdotal evidence suggests that firms used trade credit to smooth over cash flow problems. The current paper examines recent trends in trade credit use by small businesses based on a recent poll done by the Credit Research Foundation. The results highlight the importance of business-to-business credit for small businesses. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Jul 2014, 19 pp. AU - Mach, Traci Y1 - 2014/07// PY - 2014 DA - July 2014 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Business and service sector - Accounting KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Cash flow KW - Finance KW - Business KW - Loans KW - Credit KW - Small business KW - Economic conditions KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420299?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Mach%2C+Traci&rft.aulast=Mach&rft.aufirst=Traci&rft.date=2014-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Business+to+Business+Credit+to+Small+Firms&rft.title=Business+to+Business+Credit+to+Small+Firms&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201455/201455pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-55 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Do self-insurance and disability insurance prevent consumption loss on disability? AN - 1544964206; 4577936 AB - We show the extent to which public insurance and self-insurance mitigate the cost of health shocks that limit the ability to work. We use consumption data from the UK to estimate insurance provided by government disability programmes. Individuals with a work‐ ;limiting health condition, in receipt of disability insurance, have 9% lower consumption than those without such a condition. Self-insurance through savings and a work-active partner each improve outcomes by about 3%. Reduced generosity of disability insurance after 1995 is associated with increases in the consumption loss on disability, implying worse insurance, but with fewer false claimants, implying better targeting. Reprinted by permission of Blackwell Publishers JF - Economica [London] AU - Ball, Steffan AU - Low, Hamish AD - US Federal Reserve System ; University of Cambridge Y1 - 2014/07// PY - 2014 DA - Jul 2014 SP - 468 EP - 490 VL - 81 IS - 323 SN - 0013-0427, 0013-0427 KW - Economics KW - Government KW - Savings KW - Consumption KW - Estimation KW - Disability KW - Insurance KW - United Kingdom UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1544964206?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economica+%5BLondon%5D&rft.atitle=Do+self-insurance+and+disability+insurance+prevent+consumption+loss+on+disability%3F&rft.au=Ball%2C+Steffan%3BLow%2C+Hamish&rft.aulast=Ball&rft.aufirst=Steffan&rft.date=2014-07-01&rft.volume=44&rft.issue=8&rft.spage=1563&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2012.00544.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-07-14 N1 - Last updated - 2014-07-15 N1 - SubjectsTermNotLitGenreText - 3584 1678; 2805 3872 554 971; 6592 4957; 4403 7854; 5551; 11280 8235; 438 462 129 302 DO - http://dx.doi.org/10.1111/ecca.12079 ER - TY - JOUR T1 - The economic effects of legal restrictions on high-cost mortgages AN - 1539470902; 4572374 AB - We analyze the effects of state predatory mortgage lending laws, which have been a model for recent changes in the United States federal legislation enacted to regulate the mortgage contract terms common in higher-risk mortgage market segments. Using the Rothschild-Stiglitz approach to model credit markets under asymmetric information, legal restrictions are shown to reduce the use and attractiveness of mortgage credit. Consistent with model predictions, empirical results indicate that originations of regulated high-cost mortgages were significantly less than predicted in states with more restrictive laws. The differences between predicted and actual originations of high-cost mortgages in states with less restrictive laws were not significant. These differences were also not significant for non-high-cost originations across all states. Thus, credit regulation was differentially associated with reduction in originations of high-cost mortgages, and non-high-cost lending did not consistently expand in areas where high-cost mortgages were restricted. Reprinted by permission of Springer JF - Journal of real estate finance and economics AU - Steinbuks, Jevgenijs AU - Elliehausen, Gregory AD - Purdue University ; Board of Governors of the Federal Reserve System Y1 - 2014/07// PY - 2014 DA - Jul 2014 SP - 47 EP - 72 VL - 49 IS - 1 SN - 0895-5638, 0895-5638 KW - Economics KW - Asymmetric information KW - Mortgage markets KW - Legal aspects KW - Mortgage credit KW - Credit market KW - Mortgage loans KW - Restriction UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1539470902?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+real+estate+finance+and+economics&rft.atitle=The+economic+effects+of+legal+restrictions+on+high-cost+mortgages&rft.au=Steinbuks%2C+Jevgenijs%3BElliehausen%2C+Gregory&rft.aulast=Steinbuks&rft.aufirst=Jevgenijs&rft.date=2014-07-01&rft.volume=49&rft.issue=1&rft.spage=47&rft.isbn=&rft.btitle=&rft.title=Journal+of+real+estate+finance+and+economics&rft.issn=08955638&rft_id=info:doi/10.1007%2Fs11146-013-9413-4 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-06-23 N1 - Last updated - 2014-06-24 N1 - SubjectsTermNotLitGenreText - 8294 2992; 7299; 10975; 1361 6515; 2998 7711; 8296 7487 4577 3872 554 971; 8298 7711 DO - http://dx.doi.org/10.1007/s11146-013-9413-4 ER - TY - BOOK T1 - QE Auctions of Treasury Bonds AN - 1684420177; 2011-817424 AB - The Federal Reserve (Fed) uses a unique auction mechanism to purchase US Treasury securities in implementing its quantitative easing (QE) policy. This research studies the outcomes of QE auctions and participating dealers' bidding behaviors from November 2010 to September 2011, during which the Fed purchased 780 billion dollars of Treasury securities. The data include the transaction prices and quantities of each traded bond in each auction, as well as dealers' identities. Five specific findings are described. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jun 16 2014, 52 pp. AU - Song, Zhaogang AU - Zhu, Haoxiang Y1 - 2014/06/16/ PY - 2014 DA - 2014 Jun 16 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Business finance KW - United States KW - Securities KW - Auctions KW - Bonds KW - Prices KW - Treasury KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420177?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=Are+spectral+estimators+useful+for+long-run+restrictions+in+SVARs%3F&rft.au=Mertens%2C+E&rft.aulast=Mertens&rft.aufirst=E&rft.date=2012-12-01&rft.volume=36&rft.issue=12&rft.spage=1831&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2012.06.007 L2 - http://www.federalreserve.gov/pubs/feds/2014/201448/201448pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-48 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Navigating Constraints: The Evolution of Federal Reserve Monetary Policy, 1935-59 AN - 1684418824; 2011-817421 AB - The 1950s are often pointed to as a decade in which the Federal Reserve operated a particularly successful monetary policy. The present paper examines the evolution of Federal Reserve monetary policy from the mid-1930s through the 1950s in an effort to understand better the apparent success of policy in the 1950s. Whereas others have debated whether the Fed had a sophisticated understanding of how to implement policy, the focus is on how the constraints on the Fed changed over time. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jun 9 2014, 24 pp. AU - Carlson, Mark A AU - Wheelock, David C Y1 - 2014/06/09/ PY - 2014 DA - 2014 Jun 09 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Public finance KW - Social conditions and policy - Social values KW - Success KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418824?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carlson%2C+Mark+A%3BWheelock%2C+David+C&rft.aulast=Carlson&rft.aufirst=Mark&rft.date=2014-06-09&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Navigating+Constraints%3A+The+Evolution+of+Federal+Reserve+Monetary+Policy%2C+1935-59&rft.title=Navigating+Constraints%3A+The+Evolution+of+Federal+Reserve+Monetary+Policy%2C+1935-59&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201444/201444pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-044 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Welfare Costs of Skill-Mismatch Employment AN - 1684418873; 2011-817420 AB - Skill-mismatch employment occurs when high-skilled individuals accept employment in jobs for which they are over-qualified. These employment relationships can be beneficial because they allow high-skilled individuals to more rapidly transition out of unemployment. They come at the cost, however, in the form of lower wage compensation. Moreover, an externality arises as high-skilled individuals do not take into account the effect that their search activity in the market for low-tech jobs has on low-skilled individuals. This paper presents a tractable general equilibrium model featuring mismatch employment and on-the-job search to articulate these tradeoffs. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 5 2014, 40 pp. AU - Arseneau, David M AU - Epstein, Brendan Y1 - 2014/06/05/ PY - 2014 DA - 2014 Jun 05 PB - Board of Governors of the Federal Reserve System KW - Labor conditions and policy - Employment and labor supply KW - Economic conditions and policy - Economic theory KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic policy, planning, and development KW - Cost KW - Unemployment KW - Welfare economics KW - Employment KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418873?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Arseneau%2C+David+M%3BEpstein%2C+Brendan&rft.aulast=Arseneau&rft.aufirst=David&rft.date=2014-06-05&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Welfare+Costs+of+Skill-Mismatch+Employment&rft.title=The+Welfare+Costs+of+Skill-Mismatch+Employment&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201442/201442pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-042 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Decline of Drudgery and the Paradox of Hard Work AN - 1684420073; 2011-817465 AB - Develops a theory that focuses on the general equilibrium and long-run macroeconomic consequences of trends in job utility. Given secular increases in job utility, work hours per capita can remain approximately constant over time even if the income effect of higher wages on labor supply exceeds the substitution effect. In addition, secular improvements in job utility can be substantial relative to welfare gains from ordinary technological progress. These two implications are connected by an equation flowing from optimal hours choices: improvements in job utility that have a significant effect on labor supply tend to have large welfare effects. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 2014, 40 pp. AU - Epstein, Brendan AU - Kimball, Miles S Y1 - 2014/06// PY - 2014 DA - June 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic policy, planning, and development KW - Labor conditions and policy - Employment and labor supply KW - Labor conditions and policy - Labor conditions, wages, salaries, and benefits KW - Business and service sector - Accounting KW - Economic conditions and policy - Economic theory KW - Hours of labor KW - Welfare economics KW - Macroeconomics KW - Labor supply KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420073?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Epstein%2C+Brendan%3BKimball%2C+Miles+S&rft.aulast=Epstein&rft.aufirst=Brendan&rft.date=2014-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Decline+of+Drudgery+and+the+Paradox+of+Hard+Work&rft.title=The+Decline+of+Drudgery+and+the+Paradox+of+Hard+Work&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1106/ifdp1106.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1106 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Reputation and Liquidity Traps AN - 1684419754; 2011-817426 AB - Explores whether the central bank could credibly commit to keeping the nominal interest rate low for an extended period of time in the aftermath of a deep recession. By analyzing credible plans in a sticky-price economy with occasionally binding zero lower bound constraints, the study finds that if contractionary shocks hit the economy with sufficient frequency, it can. In the best credible plan, if the central bank reneges on the promise of low policy rates, it will lose reputation and the private sector will not believe such promises in future recessions. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jun 2014, 62 pp. AU - Nakata, Taisuke Y1 - 2014/06// PY - 2014 DA - June 2014 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Central banks KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Credit, loans, and personal finance KW - Interest rates KW - Central banks KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419754?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nakata%2C+Taisuke&rft.aulast=Nakata&rft.aufirst=Taisuke&rft.date=2014-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Reputation+and+Liquidity+Traps&rft.title=Reputation+and+Liquidity+Traps&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201450/201450pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-50 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Taxes and International Risk Sharing AN - 1684419321; 2011-817461 AB - Examines the extent to which differences in international tax rates may account for the small correlations of per capita consumption fluctuations across countries. Theory implies a close relationship between relative consumption growth, and consumption and capital income tax rate differentials. The study finds strong empirical evidence for this relationship. Idiosyncratic output fluctuations account for the majority of cross country consumption growth variability, but trends in tax differentials are informative about the dynamic evolution of international risk sharing -- In particular, adjusting for capital taxes reveals an intuitive positive relationship between financial connectedness and risk sharing that is absent in baseline measures. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 2014, 39 pp. AU - Epstein, Brendan AU - Mukherjee, Rahul AU - Ramnath, Shanthi P Y1 - 2014/06// PY - 2014 DA - June 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Consumers and consumption KW - Social conditions and policy - Public safety and security KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Taxation and tax policy KW - Income tax KW - Risk KW - Consumption KW - Capital KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419321?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Epstein%2C+Brendan%3BMukherjee%2C+Rahul%3BRamnath%2C+Shanthi+P&rft.aulast=Epstein&rft.aufirst=Brendan&rft.date=2014-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Taxes+and+International+Risk+Sharing&rft.title=Taxes+and+International+Risk+Sharing&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1110/ifdp1110.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1110 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - A glimpse behind a closed door: the long-term investment value of buy-side research and its effect on fund trades and performance AN - 1528887629; 4563583 AB - We examine proprietary research produced by buy-side analysts working for a large fund management company. We find that the buy-side research has investment value for a one-year horizon, and the analysts producing this research exhibit differential ability that tends to persist over time. The buy‐ ;side research strongly influences trades made by the company's funds, especially when it coveys information that is independent of the fund managers' own information, when it is produced by buy-side analysts with good track records, and when the underlying stocks have little sell-side coverage. The influence of sell-side research is concentrated primarily in stocks not followed by buy-side analysts and in funds with low overall buy-side coverage. The company's funds that rely more heavily on buy-side research generate superior performance. Reprinted by permission of Blackwell Publishing JF - Journal of accounting research AU - Rebello, Michael AU - Wei, Kelsey D AD - University of Texas, Dallas ; US Board of Governors of the Federal Reserve System Y1 - 2014/06// PY - 2014 DA - Jun 2014 SP - 775 EP - 815 VL - 52 IS - 3 SN - 0021-8456, 0021-8456 KW - Economics KW - Financial information KW - Financial performance KW - Value KW - Stocks KW - Investment KW - Fund management UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1528887629?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+accounting+research&rft.atitle=A+glimpse+behind+a+closed+door%3A+the+long-term+investment+value+of+buy-side+research+and+its+effect+on+fund+trades+and+performance&rft.au=Rebello%2C+Michael%3BWei%2C+Kelsey+D&rft.aulast=Rebello&rft.aufirst=Michael&rft.date=2014-06-01&rft.volume=52&rft.issue=3&rft.spage=775&rft.isbn=&rft.btitle=&rft.title=Journal+of+accounting+research&rft.issn=00218456&rft_id=info:doi/10.1111%2F1475-679X.12042 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-05-27 N1 - Last updated - 2014-05-28 N1 - SubjectsTermNotLitGenreText - 5348 4937 7625; 6852; 13234 2523 4577 3872 554 971; 4927 6515; 12290; 4943 3974 9390 DO - http://dx.doi.org/10.1111/1475-679X.12042 ER - TY - BOOK T1 - Sovereign Debt Crises AN - 1684419942; 2011-817467 AB - In recent years, the timing of sovereign debt crises has coincided or has directly followed banking crises. The link between sovereigns and banks tightened as the contingent liability that the banking sector represents for the sovereign grew, as financial 'safety nets' became more common. This chapter analyzes the transmission channels between sovereigns and banks, with a focus on the effect of sovereign distress on bank solvency and financing. It then highlights the notable cost to the real economy of the close connection between sovereigns and banks and argues for breaking the 'feedback loop' between these two sectors. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, May 2014, 36 pp. AU - Correa, Ricardo AU - Sapriza, Horacio Y1 - 2014/05// PY - 2014 DA - May 2014 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Accounting KW - Law and ethics - Liability, torts, and personal injury KW - Economic conditions and policy - Economic theory KW - Cost KW - Debt KW - Liability KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419942?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Correa%2C+Ricardo%3BSapriza%2C+Horacio&rft.aulast=Correa&rft.aufirst=Ricardo&rft.date=2014-05-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Sovereign+Debt+Crises&rft.title=Sovereign+Debt+Crises&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1104/ifdp1104.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1104 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Uncovered Equity Parity and Rebalancing in International Portfolios AN - 1684419916; 2011-817468 AB - Portfolio rebalancing is a key driver of the Uncovered Equity Parity (UEP) condition -- when foreign equity holdings outperform domestic holdings, domestic investors are exposed to higher exchange rate exposure and hence repatriate some of the foreign equity to decrease their exchange rate risk. Although there is some evidence consistent with UEP, this study argues that US investors may be exploiting mean reversion in underlying equity markets, rebalancing away from equity markets that recently performed well, and moving into equity markets just prior to relatively strong performance. Such behavior suggests tactical reallocations to increase returns rather than reduce risk. Tables, References. JF - Board of Governors of the Federal Reserve System, May 2014, 41 pp. AU - Curcuru, Stephanie E AU - Thomas, Charles P AU - Warnock, Francis E AU - Wongswan, Jon Y1 - 2014/05// PY - 2014 DA - May 2014 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Social values KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - International banking and finance and financial institutions KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - Investments and securities KW - United States KW - Risk KW - Investors KW - Foreign exchange rates KW - Markets KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419916?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Curcuru%2C+Stephanie+E%3BThomas%2C+Charles+P%3BWarnock%2C+Francis+E%3BWongswan%2C+Jon&rft.aulast=Curcuru&rft.aufirst=Stephanie&rft.date=2014-05-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Uncovered+Equity+Parity+and+Rebalancing+in+International+Portfolios&rft.title=Uncovered+Equity+Parity+and+Rebalancing+in+International+Portfolios&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1103/ifdp1103.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1103 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Fertility Choice in a Life Cycle Model with Idiosyncratic Uninsurable Earnings Risk AN - 1684420180; 2011-817412 AB - This paper studies the link between rising income uncertainty and household fertility patterns in an Aiyagari-Bewley-Huggett framework augmented to include fertility decisions and infertility risk. The calibrated model is used to quantify the contribution of earnings uncertainty to the changes in the key fertility indicators between steady states and highlights the important role that labor market conditions can play in determining both short-term cyclical fluctuations in fertility (such as those in the recent US data) and longer-term demographic trends (such as persistently depressed fertility rates in Southern Europe where youth unemployment rates are high and unemployment spell are very persistent). Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Apr 4 2014, 44 pp. AU - Sommer, Kamila Y1 - 2014/04/04/ PY - 2014 DA - 2014 Apr 04 PB - Board of Governors of the Federal Reserve System KW - Population groups, population policy, and demographics - Demography and census KW - Labor conditions and policy - Employment and labor supply KW - Social conditions and policy - Public safety and security KW - Health conditions and policy - Diseases and disorders KW - Science and technology policy - Biology and biotechnology KW - Business and service sector - Markets, marketing, and merchandising KW - United States KW - Infertility KW - Risk KW - Fertility KW - Unemployment KW - Households KW - Markets KW - Demographics KW - Southern Europe KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420180?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Sommer%2C+Kamila&rft.aulast=Sommer&rft.aufirst=Kamila&rft.date=2014-04-04&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Fertility+Choice+in+a+Life+Cycle+Model+with+Idiosyncratic+Uninsurable+Earnings+Risk&rft.title=Fertility+Choice+in+a+Life+Cycle+Model+with+Idiosyncratic+Uninsurable+Earnings+Risk&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201432/201432pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-32 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Menu Costs, Trade Flows, and Exchange Rate Volatility AN - 1684419993; 2011-817469 AB - US imports and exports respond little to exchange rate changes in the short run. Pricing behavior has long been thought central to explaining this response: if local prices do not respond to exchange rates, neither will trade flows. Sticky prices and strategic complementarities in price setting generate sluggish responses, and they are necessary to match newly available international micro price data. Using trade flow data, this study tests models capable of replicating these trade price data and find a trade response to exchange rates stronger than found in the data, with little to no support in the data. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Apr 2014, 39 pp. AU - Lewis, Logan T Y1 - 2014/04// PY - 2014 DA - April 2014 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business finance KW - Banking and public and private finance - International banking and finance and financial institutions KW - Trade and trade policy - Export-import trade KW - Economic conditions and policy - Economic theory KW - Cost KW - United States KW - Foreign exchange rates KW - Prices KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419993?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Lewis%2C+Logan+T&rft.aulast=Lewis&rft.aufirst=Logan&rft.date=2014-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Menu+Costs%2C+Trade+Flows%2C+and+Exchange+Rate+Volatility&rft.title=Menu+Costs%2C+Trade+Flows%2C+and+Exchange+Rate+Volatility&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1102/ifdp1102.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1102 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Competition in Lending and Credit Ratings AN - 1684419628; 2011-817404 AB - This article relates corporate credit rating quality to competition in lending between the public bond market and banks. In the model, the monopolistic rating agency's choice of price and quality leads to an endogenous threshold separating low-quality bank-dependent issuers from higher-quality issuers with access to public debt. The analysis suggests that strategic behavior by the rating agency in an issuer-pays setting dampens the influence of macroeconomic shocks and explains the use of informative unsolicited credit ratings to prevent unrated bond issues, particularly during good times. Additionally, the controversial issuer-pays model of ratings leads to more efficient outcomes than investor-pays alternatives. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 28 2014, 51 pp. AU - Ahmed, Javed Y1 - 2014/03/28/ PY - 2014 DA - 2014 Mar 28 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Banking and public and private finance - Investments and securities KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Public finance KW - Business and service sector - Business finance KW - Economic conditions and policy - Economic theory KW - Bonds KW - Rating KW - Prices KW - Credit KW - Public debts KW - Macroeconomics KW - Markets KW - Banking KW - Competition KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419628?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ahmed%2C+Javed&rft.aulast=Ahmed&rft.aufirst=Javed&rft.date=2014-03-28&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Competition+in+Lending+and+Credit+Ratings&rft.title=Competition+in+Lending+and+Credit+Ratings&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201423/201423pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-23 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Community Bank Performance: How Important Are Managers? AN - 1684420091; 2011-817407 AB - Community banks have long played an important role in the US economy, providing loans and other financial services to households and small businesses within their local markets. In recent years, technological and legal developments, as well as changes in the business strategies of larger banks and non-bank financial service providers, have purportedly made it more difficult for community banks to attract and retain customers, and hence to survive. This paper uses data from 1992 through 2011 to examine the relationships between community bank profitability and various characteristics of the banks and the local markets in which they operate. Tables, References. JF - Board of Governors of the Federal Reserve System, Mar 18 2014, 23 pp. AU - Amel, Dean F AU - Prager, Robin A Y1 - 2014/03/18/ PY - 2014 DA - 2014 Mar 18 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Population groups, population policy, and demographics - Demography and census KW - United States KW - Business KW - Loans KW - Households KW - Financial services KW - Small business KW - Markets KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420091?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Amel%2C+Dean+F%3BPrager%2C+Robin+A&rft.aulast=Amel&rft.aufirst=Dean&rft.date=2014-03-18&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Community+Bank+Performance%3A+How+Important+Are+Managers%3F&rft.title=Community+Bank+Performance%3A+How+Important+Are+Managers%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201426/201426pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-26 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Are Long-term Inflation Expectations Well Anchored in Brazil, Chile, and Mexico? AN - 1684419519; 2011-817473 AB - This study considers whether long-term inflation expectations have become better anchored in Brazil, Chile, and Mexico. It finds that inflation expectations have become much better anchored over the past decade in all three countries, as a testament to the improved credibility of the central banks in these countries when it comes to keeping inflation low. That said, one-year inflation compensation in the far future displays some sensitivity to at least one macroeconomic data release per country, and long-run inflation expectations in Brazil appear to have been less well anchored than in Chile and Mexico. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Mar 2014, 49 pp. AU - De Pooter, Michiel AU - Robitaille, Patrice AU - Walker, Ian AU - Zdinak, Michael Y1 - 2014/03// PY - 2014 DA - March 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Central banks KW - Economic conditions and policy - Economic theory KW - Central banks KW - Mexico KW - Brazil KW - Macroeconomics KW - Inflation KW - Chile KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419519?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=De+Pooter%2C+Michiel%3BRobitaille%2C+Patrice%3BWalker%2C+Ian%3BZdinak%2C+Michael&rft.aulast=De+Pooter&rft.aufirst=Michiel&rft.date=2014-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=Journal+of+financial+services+research&rft.issn=09208550&rft_id=info:doi/10.1007%2Fs10693-011-0120-0 L2 - http://www.federalreserve.gov/pubs/ifdp/2014/1098/ifdp1098.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - International Finance Discussion pa. no. 1098 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Small Price Responses to Large Demand Shocks AN - 1684420284; 2011-817399 AB - The authors study the pricing response of US supermarkets to large demand shocks triggered by labor conflicts, mass population relocation, and shopping sprees around major snowstorms and hurricanes. The focus on demand shocks is novel in the empirical literature that uses large datasets of individual data to bridge micro price behavior and aggregate price dynamics. They find that large swings in demand have, at best, modest effects on the level of retail prices, consistent with flat short- to medium-term supply curves. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Feb 11 2014, 44 pp. AU - Gagnon, Etienne AU - Lopez-Salido, David Y1 - 2014/02/11/ PY - 2014 DA - 2014 Feb 11 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business finance KW - Labor conditions and policy - Work and labor KW - Environment and environmental policy - Weather, climate, and natural disasters KW - Population groups, population policy, and demographics - Demography and census KW - International relations - War KW - Politics - Political dissent and internal conflict KW - Business and service sector - Retail business KW - United States KW - Hurricanes KW - Supermarkets KW - Prices KW - Population KW - Conflict KW - Labor KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420284?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gagnon%2C+Etienne%3BLopez-Salido%2C+David&rft.aulast=Gagnon&rft.aufirst=Etienne&rft.date=2014-02-11&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Small+Price+Responses+to+Large+Demand+Shocks&rft.title=Small+Price+Responses+to+Large+Demand+Shocks&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201418/201418pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-18 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - How the Federal Reserve's Large-scale Asset Purchases (LSAPs) Influence Mortgage-backed Securities (MBS) Yields and U.S. Mortgage Rates AN - 1684420297; 2011-817393 AB - The authors conduct an empirical analysis of the Federal Reserve's large-scale asset purchases (LSAPs) on mortgage-backed securities (MBS) yields and mortgage rates. The Federal Reserve's accumulation of MBS and Treasury securities lowered MBS yields and mortgage rates by more than what would have been suggested by changes in market expectations alone, suggesting that portfolio rebalancing effects of LSAPs are an important consideration for monetary policy transmission. The estimates also suggest that the Federal Reserve must hold a substantial market share of agency MBS or of Treasury securities to significantly lower MBS yields and in turn significantly lower mortgage rates. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Feb 2014, 24 pp. AU - Hancock, Diana AU - Passmore, Wayne Y1 - 2014/02// PY - 2014 DA - February 2014 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Business finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Public finance KW - Securities KW - Assets KW - Treasury KW - Markets KW - Monetary policy KW - Market share KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420297?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hancock%2C+Diana%3BPassmore%2C+Wayne&rft.aulast=Hancock&rft.aufirst=Diana&rft.date=2014-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=How+the+Federal+Reserve%27s+Large-scale+Asset+Purchases+%28LSAPs%29+Influence+Mortgage-backed+Securities+%28MBS%29+Yields+and+U.S.+Mortgage+Rates&rft.title=How+the+Federal+Reserve%27s+Large-scale+Asset+Purchases+%28LSAPs%29+Influence+Mortgage-backed+Securities+%28MBS%29+Yields+and+U.S.+Mortgage+Rates&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201412/201412pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-12 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Demand for M2 at the Zero Lower Bound: The Recent U.S. Experience AN - 1684419672; 2011-817403 AB - Re-examines the relationship between money and interest rates with a focus on recent years, when the opportunity cost of M2 has dropped below zero. Until the late 1980s, a stable relationship between monetary aggregates and the opportunity cost of holding money -- measured as the spread between the three-month Treasury bill yield and the deposit-weighted average return on M2 assets -- existed, and played an integral role in the conduct of monetary policy. Possibly, the more recent shifts could be due to the effects of regulatory and monetary policy changes rather than a fundamental shift in the relationship between money and opportunity cost. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jan 24 2014, 42 pp. AU - Judson, Ruth AU - Schlusche, Bernd AU - Wong, Vivian Y1 - 2014/01/24/ PY - 2014 DA - 2014 Jan 24 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Money, currency, and financial instruments KW - Economic conditions and policy - Property and wealth KW - Economic conditions and policy - Economic theory KW - Banking and public and private finance - Public finance KW - Business and service sector - Accounting KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Interest rates KW - Cost KW - Assets KW - Money KW - Treasury KW - Regulation KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419672?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Judson%2C+Ruth%3BSchlusche%2C+Bernd%3BWong%2C+Vivian&rft.aulast=Judson&rft.aufirst=Ruth&rft.date=2014-01-24&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Demand+for+M2+at+the+Zero+Lower+Bound%3A+The+Recent+U.S.+Experience&rft.title=Demand+for+M2+at+the+Zero+Lower+Bound%3A+The+Recent+U.S.+Experience&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201422/201422pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-22 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Idiosyncratic Investment Risk and Business Cycles AN - 1684419856; 2011-817389 AB - Due to imperfect risk sharing, aggregate shocks to uncertainty about idiosyncratic return on investment generate economic contractions with elevated risk premia and a decrease in the risk-free rate. This study presents a tractable real business cycle model in which firms experience idiosyncratic shocks, to which managers are at least partially exposed; the distribution of these shocks is time-varying and stochastic. The path for aggregate quantities, the price of physical capital, and the equity premium are the same as in a model without idiosyncratic risk, but with time-preference shocks. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jan 10 2014, 27 pp. AU - Goldberg, Jonathan E Y1 - 2014/01/10/ PY - 2014 DA - 2014 Jan 10 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - Investments and securities KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Social conditions and policy - Social values KW - Economic conditions and policy - Property and wealth KW - Risk KW - Investments KW - Prices KW - Capital KW - Business cycles KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419856?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Goldberg%2C+Jonathan+E&rft.aulast=Goldberg&rft.aufirst=Jonathan&rft.date=2014-01-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Idiosyncratic+Investment+Risk+and+Business+Cycles&rft.title=Idiosyncratic+Investment+Risk+and+Business+Cycles&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201405/201405pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-05 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Peer-to-peer Lending to Small Businesses AN - 1684420251; 2011-817391 AB - The current paper examines loan-level data from Lending Club to look at peer-to-peer borrowing by small businesses. Summary statistics show an increasing number of small business loan applications over time. Beginning in 2010 -- when consistent measures of loan purpose were recorded for all applications -- loan applications for small businesses were on average less likely than loans for other purposes to have been funded. However, logistic regression results that control for the quality of the application show that, holding all else constant, applications for a loan for a small business were almost twice as likely to have been funded than other loans. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Jan 2014, 26 pp. AU - Mach, Traci L AU - Carter, Courtney M AU - Slattery, Cailin R Y1 - 2014/01// PY - 2014 DA - January 2014 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Education and education policy - Statistics, research, research methods, and research support KW - Social conditions and policy - Associations and meetings KW - Statistics KW - Loans KW - Small business KW - Clubs KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420251?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Mach%2C+Traci+L%3BCarter%2C+Courtney+M%3BSlattery%2C+Cailin+R&rft.aulast=Mach&rft.aufirst=Traci&rft.date=2014-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Peer-to-peer+Lending+to+Small+Businesses&rft.title=Peer-to-peer+Lending+to+Small+Businesses&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201410/201410pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-10 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Financial Frictions, Financial Shocks, and Aggregate Volatility AN - 1684419526; 2011-817372 AB - Revisits the Great Inflation and the Great Moderation. A model with time-varying financial frictions and financial shocks allowing for structural breaks in the size of shocks and the institutional framework is estimated. The paper shows that (1) While the Great Inflation was driven by bad luck, the Great Moderation is mostly due to better institutions; (2) The slowdown in credit spreads is driven by an easier access to credit, while a higher exposure to financial risk determines the immoderation of balance sheet variables; and (3) Financial shocks arise as relevant drivers of US business cycle fluctuations. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, 2014, 49 pp. AU - Fuentes-Albero, Cristina Y1 - 2014///0, PY - 2014 DA - 0, 2014 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Credit, loans, and personal finance KW - Social conditions and policy - Public safety and security KW - Business and service sector - Accounting KW - United States KW - Risk KW - Credit KW - Inflation KW - Balance sheets KW - Business cycles KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684419526?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Fuentes-Albero%2C+Cristina&rft.aulast=Fuentes-Albero&rft.aufirst=Cristina&rft.date=2014-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Financial+Frictions%2C+Financial+Shocks%2C+and+Aggregate+Volatility&rft.title=Financial+Frictions%2C+Financial+Shocks%2C+and+Aggregate+Volatility&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/econresdata/feds/2014/files/201484pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-84 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Bank Failure, Relationship Lending, and Local Economic Performance AN - 1684418921; 2011-817419 AB - Whether bank failures have adverse effects on local economies is an important question for which there is conflicting and relatively scarce evidence. This study uses county-level data to examine the effect of bank failures and resolutions on local economies. Using quasi-experimental techniques as well as cross-sectional variation in bank failures, this study shows that recent bank failures lead to lower income and compensation growth, higher poverty rates, and lower employment. Additionally, the structure of bank resolution appears to be important. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, 2014, 39 pp. AU - Kandrac, John Y1 - 2014///0, PY - 2014 DA - 0, 2014 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Social conditions and policy - Social conditions and problems KW - Economic conditions and policy - Economic conditions KW - Labor conditions and policy - Employment and labor supply KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Accounting KW - Poverty KW - Bank failures KW - Employment KW - Banking KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684418921?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kandrac%2C+John&rft.aulast=Kandrac&rft.aufirst=John&rft.date=2014-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Bank+Failure%2C+Relationship+Lending%2C+and+Local+Economic+Performance&rft.title=Bank+Failure%2C+Relationship+Lending%2C+and+Local+Economic+Performance&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201441/201441pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2014 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-41 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Surprisingly Swift Decline of U.S. Manufacturing Employment AN - 1684420201; 2011-817388 AB - This paper finds a link between the sharp drop in US manufacturing employment beginning in 2001 and a change in US trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment losses along with larger increases in the value of imports from China and the number of firms engaged in China-US trade. These results are robust to other potential explanations of the employment loss -- Also, US employment trends differ from those in the EU, where there was no change in policy. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Nov 2013, 54 pp. AU - Pierce, Justin R AU - Schott, Peter K Y1 - 2013/11// PY - 2013 DA - November 2013 PB - Board of Governors of the Federal Reserve System KW - Labor conditions and policy - Employment and labor supply KW - Trade and trade policy - Customs administration and duties KW - Manufacturing and heavy industry - Manufacturing and manufactured goods KW - International relations - Regional organizations KW - Administration of justice - Crime and criminals KW - Manufacturing and heavy industry - Industry and industrial policy KW - Threats KW - United States KW - European Union KW - Manufacturing KW - Tariff KW - Employment KW - China (People's Republic) KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1684420201?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pierce%2C+Justin+R%3BSchott%2C+Peter+K&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2013-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Surprisingly+Swift+Decline+of+U.S.+Manufacturing+Employment&rft.title=The+Surprisingly+Swift+Decline+of+U.S.+Manufacturing+Employment&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2014/201404/201404pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2016-02-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - Finance and Economics Discussion ser. 2014-04 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The reform of October 1979: how it happened and why AN - 1496956412; 4523759 AB - This study offers a historical review of the monetary policy reform of October 6, 1979, and discusses the influences behind it and its significance. We lay out the record from the start of 1979 through the spring of 1980, relying almost exclusively on contemporaneous sources, including the recently released transcripts of Federal Open Market Committee (FOMC) meetings during 1979. We then present and discuss in detail the reasons for the FOMC's adoption of the reform and the communications challenge presented to the Committee during this period. Further, we examine whether the essential characteristics of the reform were consistent with monetarism; new, neo, or old-fashioned Keynesianism; nominal income targeting; and inflation targeting. The record suggests that the reform was adopted when the FOMC became convinced that its earlier gradualist strategy using finely tuned interest rate moves had proved inadequate for fighting inflation and reversing inflation expectations. The new plan had to break dramatically with established practice, allow for the possibility of substantial increases in short-term interest rates yet be politically acceptable, and convince financial market participants that it would be effective. The new operating procedures were also adopted for the pragmatic reason that they would likely succeed. Reprinted by permission of the Federal Reserve Bank of St. Louis JF - Review. Federal Reserve Bank of St. Louis AU - Lindsey, David E AU - Orphanides, Athanasios AU - Rasche, Robert H AD - Federal Reserve System Y1 - 2013/11// PY - 2013 DA - Nov 2013 SP - 487 EP - 541 VL - 95 IS - 6 SN - 0014-9187, 0014-9187 KW - Economics KW - Monetary history KW - Economic history KW - Keynesianism KW - 20th century KW - Inflation KW - U.S.A. KW - Monetary policy KW - Economic reform UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1496956412?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review.+Federal+Reserve+Bank+of+St.+Louis&rft.atitle=The+reform+of+October+1979%3A+how+it+happened+and+why&rft.au=Lindsey%2C+David+E%3BOrphanides%2C+Athanasios%3BRasche%2C+Robert+H&rft.aulast=Lindsey&rft.aufirst=David&rft.date=2013-11-01&rft.volume=95&rft.issue=6&rft.spage=487&rft.isbn=&rft.btitle=&rft.title=Review.+Federal+Reserve+Bank+of+St.+Louis&rft.issn=00149187&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2014-01-27 N1 - Last updated - 2014-02-11 N1 - SubjectsTermNotLitGenreText - 3941 5889; 8217 3977 5574 10472; 3989 10691; 6500 8206 7585 4025; 8209 5889; 476 8168 5889; 7046 4019; 433 293 14 ER - TY - BOOK T1 - Sectoral Allocation, Risk Efficiency and the Great Moderation AN - 1537585837; 2011-582691 AB - Argues that the decline in US real GDP growth volatility after the mid-1980s was an outcome of more risk efficient and more diversified sectoral allocations. Using a portfolio approach, this study distinguishes between the two determinants of GDP growth volatility: sectoral covariances and sectoral allocations. There are three main findings: (1) The frontier has shifted due to a lower sectoral growth rate and a higher sectoral variance; 2) The distance of the economy from the frontier has decreased; (3) The US economy became more diversified across sectors after the early 1980s, shifting away from manufacturing and agriculture towards services. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Oct 22 2013, 38 pp. AU - Tase, Manjola Y1 - 2013/10/22/ PY - 2013 DA - 2013 Oct 22 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Public safety and security KW - Agriculture and agricultural policy - Crop management and agricultural production KW - Manufacturing and heavy industry - Manufacturing and manufactured goods KW - Agriculture KW - United States KW - Risk KW - Manufacturing KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585837?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Tase%2C+Manjola&rft.aulast=Tase&rft.aufirst=Manjola&rft.date=2013-10-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Sectoral+Allocation%2C+Risk+Efficiency+and+the+Great+Moderation&rft.title=Sectoral+Allocation%2C+Risk+Efficiency+and+the+Great+Moderation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201373/201373pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-73 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Are Banks' Internal Risk Parameters Consistent? Evidence from Syndicated Loans AN - 1537585028; 2011-582680 AB - This paper examines consistency in the estimates of probability of default (PD) and loss given default (LGD) that nine large US banks assign to syndicated loans for regulatory capital purposes. Using internal bank data on loans that had PDs and LGDs assigned by more than one bank, there is substantial dispersion in these parameters. The differences in LGDs imply that, for an identical loan portfolio, the bank that sets the highest LGDs would have Basel II minimum regulatory capital twice as large as the bank that sets the lowest LGDs. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Oct 2013, 25 pp. AU - Firestone, Simon AU - Rezende, Marcelo Y1 - 2013/10// PY - 2013 DA - October 2013 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Property and wealth KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Social conditions and policy - Public safety and security KW - United States KW - Risk KW - Loans KW - Capital KW - Regulation KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585028?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Firestone%2C+Simon%3BRezende%2C+Marcelo&rft.aulast=Firestone&rft.aufirst=Simon&rft.date=2013-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Are+Banks%27+Internal+Risk+Parameters+Consistent%3F+Evidence+from+Syndicated+Loans&rft.title=Are+Banks%27+Internal+Risk+Parameters+Consistent%3F+Evidence+from+Syndicated+Loans&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201384/201384pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-84 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Effects of bankruptcy exemptions and foreclosure laws on mortgage default and foreclosure rates AN - 1443632252; 4492899 AB - This study analyzes the effects of state bankruptcy asset exemptions and foreclosure laws on mortgage default and foreclosure rates across different segments of the mortgage market. We found that the effects of these legal provisions are larger for subprime than for prime mortgages and larger for adjustable rate mortgages than for fixed rate mortgages. These results demonstrate that the effect of variation in bankruptcy exemptions and foreclosure laws is most pronounced in the most risky segments of the mortgage market, which are those that have been most affected by the continuing housing slump in the United States. Reprinted by permission of Springer JF - Journal of real estate finance and economics AU - Desai, Chintal A AU - Elliehausen, Gregory AU - Steinbuks, Jevgenijs AD - University of Texas ; Board of Governors of the Federal Reserve System ; Purdue University Y1 - 2013/10// PY - 2013 DA - Oct 2013 SP - 391 EP - 415 VL - 47 IS - 3 SN - 0895-5638, 0895-5638 KW - Economics KW - Housing KW - Real estate KW - Bankruptcy KW - Legal aspects KW - Credit market KW - U.S.A. KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1443632252?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+real+estate+finance+and+economics&rft.atitle=Effects+of+bankruptcy+exemptions+and+foreclosure+laws+on+mortgage+default+and+foreclosure+rates&rft.au=Desai%2C+Chintal+A%3BElliehausen%2C+Gregory%3BSteinbuks%2C+Jevgenijs&rft.aulast=Desai&rft.aufirst=Chintal&rft.date=2013-10-01&rft.volume=47&rft.issue=3&rft.spage=391&rft.isbn=&rft.btitle=&rft.title=Journal+of+real+estate+finance+and+economics&rft.issn=08955638&rft_id=info:doi/10.1007%2Fs11146-012-9366-z LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-10-21 N1 - Last updated - 2013-10-22 N1 - SubjectsTermNotLitGenreText - 1476; 6045 5706; 8299; 2998 7711; 7299; 10630 10339; 433 293 14 DO - http://dx.doi.org/10.1007/s11146-012-9366-z ER - TY - BOOK T1 - Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-based Indexes AN - 1537585024; 2011-582685 AB - The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the house price swings depends on whether either homeowners' appraisal of home worth at two points in time or use the change in a transaction-based house price index (HPI). During the boom, owner-reported values rose much more rapidly than the HPI, and after the bust, owner-reported values fell slightly less than the HPI. Home owner-reported changes in value do not systematically diverge from local house price index changes. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 24 2013, 40 pp. AU - Henriques, Alice M Y1 - 2013/09/24/ PY - 2013 DA - 2013 Sep 24 PB - Board of Governors of the Federal Reserve System KW - Education and education policy - Statistics, research, research methods, and research support KW - Business and service sector - Markets, marketing, and merchandising KW - Education and education policy - Information services and sources KW - Business and service sector - Business finance KW - Social conditions and policy - Housing KW - Population groups, population policy, and demographics - Demography and census KW - Indexes KW - Housing KW - Households KW - Prices KW - Price indexes KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585024?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Henriques%2C+Alice+M&rft.aulast=Henriques&rft.aufirst=Alice&rft.date=2013-09-24&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Are+Homeowners+in+Denial+about+their+House+Values%3F+Comparing+Owner+Perceptions+with+Transaction-based+Indexes&rft.title=Are+Homeowners+in+Denial+about+their+House+Values%3F+Comparing+Owner+Perceptions+with+Transaction-based+Indexes&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201379/201379pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-79 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Systemic Risk, International Regulation, and the Limits of Coordination AN - 1537585619; 2011-582677 AB - This paper examines the incentives of national regulators to coordinate regulatory policies in the presence of systemic risk in global financial markets. In a two-country and three-period model, correlated asset fire sales by banks generate systemic risk across national financial markets. Relaxing regulatory standards in one country increases both the cost and the severity of crises for both countries in this framework. Tables, References. JF - Board of Governors of the Federal Reserve System, Sep 16 2013, 60 pp. AU - Kara, Gazi I Y1 - 2013/09/16/ PY - 2013 DA - 2013 Sep 16 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Social conditions and policy - Public safety and security KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banking operations and services KW - Environment and environmental policy - Weather, climate, and natural disasters KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Economic conditions and policy - Economic theory KW - Cost KW - Sales KW - Fires KW - Risk KW - Assets KW - Standards KW - Regulation KW - Banking KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585619?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kara%2C+Gazi+I&rft.aulast=Kara&rft.aufirst=Gazi&rft.date=2013-09-16&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Systemic+Risk%2C+International+Regulation%2C+and+the+Limits+of+Coordination&rft.title=Systemic+Risk%2C+International+Regulation%2C+and+the+Limits+of+Coordination&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201387/201387pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-87 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Learning from the Test: Raising Selective College Enrollment by Providing Information AN - 1537585954; 2011-582695 AB - In the last decade, five US states adopted mandates requiring high school juniors to take a college entrance exam. In the two earliest-adopting states, nearly half of all students were induced into testing, and 40-45% of them earned scores high enough to qualify for selective schools. Selective college enrollment rose by 20% following implementation of the mandates, with no effect on overall attendance. It is argued that a large number of high-ability students appear to dramatically underestimate their candidacy for selective colleges, and policies aimed at reducing this information shortage may increase human capital investment for many students. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Sep 12 2013, 61 pp. AU - Goodman, Sarena F Y1 - 2013/09/12/ PY - 2013 DA - 2013 Sep 12 PB - Board of Governors of the Federal Reserve System KW - Education and education policy - Education personnel and population KW - Banking and public and private finance - Investments and securities KW - Education and education policy - Statistics, research, research methods, and research support KW - Education and education policy - Schools KW - Labor conditions and policy - Employment and labor supply KW - United States KW - Human capital KW - High schools KW - Schools KW - Investments KW - Testing KW - Students KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585954?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Goodman%2C+Sarena+F&rft.aulast=Goodman&rft.aufirst=Sarena&rft.date=2013-09-12&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Learning+from+the+Test%3A+Raising+Selective+College+Enrollment+by+Providing+Information&rft.title=Learning+from+the+Test%3A+Raising+Selective+College+Enrollment+by+Providing+Information&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201369/201369pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-69 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Going Public Abroad AN - 1537585503; 2011-582696 AB - This paper examines the decision to go public abroad using a sample of 17,808 initial public offerings (IPOs). Although only 6% of initial public offerings are offered abroad, these represent approximately 25% of total IPO proceeds. The study finds that alleviating informational frictions in order to obtain greater offering proceeds is an important determinant of the decision to go public abroad. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Sep 2013, 47 pp. AU - Caglio, Cecilia AU - Hanley, Kathleen Weiss AU - Marietta-Westberg, Jennifer Y1 - 2013/09// PY - 2013 DA - September 2013 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business organization and administration KW - Public sector KW - Corporate culture KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585503?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Caglio%2C+Cecilia%3BHanley%2C+Kathleen+Weiss%3BMarietta-Westberg%2C+Jennifer&rft.aulast=Caglio&rft.aufirst=Cecilia&rft.date=2013-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Going+Public+Abroad&rft.title=Going+Public+Abroad&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201368/201368pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-68 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Effects of Monetary Policy Shocks across Time and across Sectors AN - 1537585364; 2011-582694 AB - Recent empirical research by Olivei and Tenreyro demonstrates that the effect of monetary policy shocks on output and prices depends on the shock's timing: In the US, a monetary policy shock that takes place in the first half of the year has a larger effect on output than on prices, while the opposite is true in the second half of the year due to the fact that a greater fraction of wage rates are re-contracted in the second half of the year, implying less flexibility in the first half. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 2013, 32 pp. AU - Peneva, Ekaterina V Y1 - 2013/09// PY - 2013 DA - September 2013 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Public finance KW - Business and service sector - Business finance KW - United States KW - Prices KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585364?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Peneva%2C+Ekaterina+V&rft.aulast=Peneva&rft.aufirst=Ekaterina&rft.date=2013-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Effects+of+Monetary+Policy+Shocks+across+Time+and+across+Sectors&rft.title=Effects+of+Monetary+Policy+Shocks+across+Time+and+across+Sectors&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201370/201370pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-70 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Payday Lending Regulation AN - 1537585455; 2011-582670 AB - To date the debate over payday lending has focused on whether access to such lending is on net beneficial or harmful to consumer welfare; however, payday loans are not one product but many, and different forms of lending may have different welfare implications. The current diversity in payday lending stems from the diverse ways in which states have regulated the industry. This paper attempts to quantify the effects that various regulatory approaches have had on lending terms and usage. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Aug 15 2013, 38 pp. AU - Kaufman, Alex Y1 - 2013/08/15/ PY - 2013 DA - 2013 Aug 15 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Consumers and consumption KW - Manufacturing and heavy industry - Industry and industrial policy KW - Loans KW - Welfare economics KW - Consumers KW - Regulation KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585455?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kaufman%2C+Alex&rft.aulast=Kaufman&rft.aufirst=Alex&rft.date=2013-08-15&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Payday+Lending+Regulation&rft.title=Payday+Lending+Regulation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201362/201362pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-62 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Equity Market Misvaluation, Financing, and Investment AN - 1537585279; 2011-582686 AB - Quantifies how much nonfundamental movements in stock prices affect firm decisions. The study estimates a dynamic investment model in which firms can finance with equity or cash (net of debt). Misvaluation affects equity values, and firms optimally issue and repurchase overvalued and undervalued shares. The funds owing to and from these activities come from either investment, dividends, or net cash. Firms respond to misvaluation by adjusting financing more than by adjusting investment, and managers' rational responses to misvaluation increase shareholder value by up to 8%. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Aug 2013, 50 pp. AU - Warusawitharana, Missaka AU - Whited, Toni M Y1 - 2013/08// PY - 2013 DA - August 2013 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Investments and securities KW - Social conditions and policy - Social values KW - Business and service sector - Accounting KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Business finance KW - Law and ethics - Ethics KW - Investments KW - Finance KW - Dividends KW - Prices KW - Debt KW - Stocks KW - Markets KW - Equity KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1537585279?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Warusawitharana%2C+Missaka%3BWhited%2C+Toni+M&rft.aulast=Warusawitharana&rft.aufirst=Missaka&rft.date=2013-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Equity+Market+Misvaluation%2C+Financing%2C+and+Investment&rft.title=Equity+Market+Misvaluation%2C+Financing%2C+and+Investment&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201378/201378pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - FEDS Working pa. 2013-78 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Are Leveraged and Inverse ETFs the New Portfolio Insurers? AN - 1448769076; 2011-517040 AB - This paper studies Leveraged and Inverse Exchange Traded Funds (LETFs) from a financial stability perspective. Mechanical positive-feedback rebalancing of LETFs resembles the portfolio insurance strategies, which contributed to the stock market crash of October 19, 1987. The report shows that a 1% increase in broad stock-market indexes induces LETFs to originate rebalancing flows equivalent to 1.04 billion dollars worth of stock. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Jul 16 2013, 42 pp. AU - Tuzun, Tugkan Y1 - 2013/07/16/ PY - 2013 DA - 2013 Jul 16 PB - Board of Governors of the Federal Reserve System System KW - Education and education policy - Information services and sources KW - Business and service sector - Insurance KW - Banking and public and private finance - Investments and securities KW - Indexes KW - Stocks KW - Stock market KW - Insurance KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448769076?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Tuzun%2C+Tugkan&rft.aulast=Tuzun&rft.aufirst=Tugkan&rft.date=2013-07-16&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Are+Leveraged+and+Inverse+ETFs+the+New+Portfolio+Insurers%3F&rft.title=Are+Leveraged+and+Inverse+ETFs+the+New+Portfolio+Insurers%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201348/201348pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-48 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Capital Flows to Emerging Market Economies: A Brave New World? AN - 1738472839; 2011-517089 AB - This study examines the determinants of net private capital inflows to emerging market economies. Findings include (1) Growth and interest rate differentials between emerging market economies (EMEs) and advanced economies and global risk appetite are determinants of net private capital inflows; (2) There were no changes in the behavior of net inflows; (3) Capital control measures discouraged both total and portfolio inflows; (4) In the pre-crisis period, there is some evidence that greater foreign exchange intervention brought more capital inflows; and (5) There was no statistically significant positive effects of unconventional US monetary expansion on total net EME inflows. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 2013, 46 pp. AU - Ahmed, Shaghil AU - Zlate, Andrei Y1 - 2013/06// PY - 2013 DA - June 2013 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - International banking and finance and financial institutions KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - Credit, loans, and personal finance KW - Interest rates KW - United States KW - Risk KW - Foreign exchange KW - Capital KW - Developing countries KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738472839?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ahmed%2C+Shaghil%3BZlate%2C+Andrei&rft.aulast=Ahmed&rft.aufirst=Shaghil&rft.date=2013-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Capital+Flows+to+Emerging+Market+Economies%3A+A+Brave+New+World%3F&rft.title=Capital+Flows+to+Emerging+Market+Economies%3A+A+Brave+New+World%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2013/1081/ifdp1081.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - International Finance Discussion pa. no. 1081 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Capital Flows to Emerging Market Economies: A Brave New World? AN - 1448770441; 2011-517089 AB - This study examines the determinants of net private capital inflows to emerging market economies. Findings include (1) Growth and interest rate differentials between emerging market economies (EMEs) and advanced economies and global risk appetite are determinants of net private capital inflows; (2) There were no changes in the behavior of net inflows; (3) Capital control measures discouraged both total and portfolio inflows; (4) In the pre-crisis period, there is some evidence that greater foreign exchange intervention brought more capital inflows; and (5) There was no statistically significant positive effects of unconventional US monetary expansion on total net EME inflows. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Jun 2013, 46 pp. AU - Ahmed, Shaghil AU - Zlate, Andrei Y1 - 2013/06// PY - 2013 DA - June 2013 PB - Board of Governors of the Federal Reserve System System KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - International banking and finance and financial institutions KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - Credit, loans, and personal finance KW - Interest rates KW - United States KW - Risk KW - Foreign exchange KW - Capital KW - Developing countries KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448770441?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ahmed%2C+Shaghil%3BZlate%2C+Andrei&rft.aulast=Ahmed&rft.aufirst=Shaghil&rft.date=2013-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Capital+Flows+to+Emerging+Market+Economies%3A+A+Brave+New+World%3F&rft.title=Capital+Flows+to+Emerging+Market+Economies%3A+A+Brave+New+World%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2013/1081/ifdp1081.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - International Finance Discussion pa. no. 1081 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The ins and outs of unemployment: an analysis conditional on technology shocks AN - 1418129069; 4451950 AB - We analyse how unemployment, job-finding and job‐ ;separation rates react to neutral and investment-specific technology shocks. Neutral shocks increase unemployment and explain a substantial portion of it volatility; investment-specific shocks expand employment and hours worked and contribute to hours worked volatility. Movements in the job-separation rates are responsible for the impact response of unemployment while job‐ ;finding rates for movements along its adjustment path. The evidence warns against using models with exogenous separation rates and challenges the conventional way of modelling technology shocks in search and sticky price models. Reprinted by permission of Blackwell Publishers JF - Economic journal AU - Canova, Fabio AU - Lopez-Salido, David AU - Michelacci, Claudio AD - Catalan Institute of Research and Advanced Studies ; US Federal Reserve System ; Centro de Estudios Monetarios y Financieros Y1 - 2013/06// PY - 2013 DA - Jun 2013 SP - 515 EP - 539 VL - 123 IS - 569 SN - 0013-0133, 0013-0133 KW - Economics KW - Economic shock KW - Unemployment KW - Technology assessment KW - Price models KW - Volatility KW - Hours of work UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1418129069?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kennickell%2C+Arthur+B&rft.aulast=Kennickell&rft.aufirst=Arthur&rft.date=2012-06-11&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Other%2C+Other+Half%3A+Changes+in+the+Finances+of+the+Least+Wealthy+50+Percent%2C+2007-2009&rft.title=The+Other%2C+Other+Half%3A+Changes+in+the+Finances+of+the+Least+Wealthy+50+Percent%2C+2007-2009&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-24 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 13092; 10092 8163; 13349 13078; 4002 3980 9965; 12623 4551; 6023 13725 13713 4214 DO - http://dx.doi.org/10.1111/j.1468-0297.2012.02548.x ER - TY - JOUR T1 - Antidumping Duties and Plant-Level Restructuring AN - 1417543070; 2011-454518 AB - This paper examines the effect of antidumping duties on the restructuring activities of protected plants. Using a dataset that contains the full population of U.S. manufacturers, I find that protected plants increase their capital intensities modestly relative to unprotected plants, but only when antidumping duties have been in place for a sufficient duration. I find little effect of antidumping duties on a proxy for the skilled labor intensity of protected plants. Adapted from the source document. JF - Review of Industrial Organization AU - Pierce, Justin R AD - Board of Governors of the Federal Reserve System, 20th Street and C Streets NW, Washington, DC, 20551, USA justin.r.pierce@frb.gov Y1 - 2013/06// PY - 2013 DA - June 2013 SP - 435 EP - 447 PB - Springer, Dordrecht The Netherlands VL - 42 IS - 4 SN - 0889-938X, 0889-938X KW - Economic conditions and policy - Property and wealth KW - Population groups, population policy, and demographics - Demography and census KW - Labor conditions and policy - Work and labor KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Skilled labor KW - Population KW - Capital KW - Industrial organization KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1417543070?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+Industrial+Organization&rft.atitle=Antidumping+Duties+and+Plant-Level+Restructuring&rft.au=Pierce%2C+Justin+R&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2013-06-01&rft.volume=42&rft.issue=4&rft.spage=435&rft.isbn=&rft.btitle=&rft.title=Review+of+Industrial+Organization&rft.issn=0889938X&rft_id=info:doi/10.1007%2Fs11151-013-9386-8 LA - English DB - PAIS Index N1 - Date revised - 2013-08-01 N1 - Last updated - 2016-09-28 N1 - CODEN - RIOREU N1 - SubjectsTermNotLitGenreText - Capital; Population; Skilled labor; Industrial organization DO - http://dx.doi.org/10.1007/s11151-013-9386-8 ER - TY - BOOK T1 - Assessing and Combining Financial Conditions Indexes AN - 1448769935; 2011-517047 AB - Evaluates the short horizon predictive ability of financial conditions indexes for stock returns and macroeconomic variables. The study finds reliable predictability only when the sample includes the 2008 financial crisis, and the authors argue that this result is driven by tailoring the indexes to the crisis and by non-synchronous trading. Financial conditions indexes are based on a variety of constituent variables and aggregation methods, and the study discusses a simple procedure for consolidating the growing number of different indexes into a single proxy for financial conditions. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, May 30 2013, 38 pp. AU - Aramonte, Sirio AU - Rosen, Samuel AU - Schindler, John W Y1 - 2013/05/30/ PY - 2013 DA - 2013 May 30 PB - Board of Governors of the Federal Reserve System System KW - Education and education policy - Information services and sources KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Business finance KW - Economic conditions and policy - Economic theory KW - Indexes KW - Finance KW - Macroeconomics KW - Stocks KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448769935?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Aramonte%2C+Sirio%3BRosen%2C+Samuel%3BSchindler%2C+John+W&rft.aulast=Aramonte&rft.aufirst=Sirio&rft.date=2013-05-30&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Assessing+and+Combining+Financial+Conditions+Indexes&rft.title=Assessing+and+Combining+Financial+Conditions+Indexes&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201339/201339pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-39 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Analysis of Wealth Using Micro and Macro Data: A Comparison of the Survey of Consumer Finances and Flow of Funds Accounts AN - 1738473571; 2011-517041 AB - This report studies different aspects of lifecycle saving and wealth accumulation behavior. Macro data from the Flow of Funds Accounts (FFA) are produced at a quarterly frequency and in a timely manner, but can only be used to study the behavior of the household sector as a whole. Micro data from the Survey of Consumer Finances (SCF) are available every three years and with a lag, but they can be used to address differences in behavior over time and across various types of households. The two data sets show the same patterns of wealth changes over the past 25 years. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, May 10 2013, 39 pp. AU - Henriques, Alice M AU - Hsu, Joanne W Y1 - 2013/05/10/ PY - 2013 DA - 2013 May 10 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Property and wealth KW - Economic conditions and policy - Consumers and consumption KW - Education and education policy - Statistics, research, research methods, and research support KW - Population groups, population policy, and demographics - Demography and census KW - Banking and public and private finance - Credit, loans, and personal finance KW - Saving KW - Households KW - Surveys KW - Wealth KW - Consumers KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473571?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Henriques%2C+Alice+M%3BHsu%2C+Joanne+W&rft.aulast=Henriques&rft.aufirst=Alice&rft.date=2013-05-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Analysis+of+Wealth+Using+Micro+and+Macro+Data%3A+A+Comparison+of+the+Survey+of+Consumer+Finances+and+Flow+of+Funds+Accounts&rft.title=Analysis+of+Wealth+Using+Micro+and+Macro+Data%3A+A+Comparison+of+the+Survey+of+Consumer+Finances+and+Flow+of+Funds+Accounts&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201346/201346pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-46 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Antidumping Duties and Plant-Level Restructuring AN - 1738474426; 2011-517048 AB - This paper examines the effect of antidumping duties on the restructuring activities of protected plants. Using a dataset that contains the full population of US manufacturers, it finds that protected plants increase their capital intensities modestly relative to unprotected plants, but only when antidumping duties have been in place for a sufficient duration. There was little effect of antidumping duties on a proxy for the skilled labor intensity of protected plants. Tables, References. JF - Board of Governors of the Federal Reserve System, May 7 2013, 23 pp. AU - Pierce, Justin R Y1 - 2013/05/07/ PY - 2013 DA - 2013 May 07 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Property and wealth KW - Population groups, population policy, and demographics - Demography and census KW - Labor conditions and policy - Work and labor KW - United States KW - Skilled labor KW - Population KW - Capital KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474426?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pierce%2C+Justin+R&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2013-05-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Antidumping+Duties+and+Plant-Level+Restructuring&rft.title=Antidumping+Duties+and+Plant-Level+Restructuring&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201338/201338pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-38 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Do Central Banks' Forecasts Take into Account Public Opinion and Views? AN - 1738472930; 2011-517090 AB - The Federal Reserve through the Federal Open Market Committee (FOMC) regularly releases macroeconomic forecasts to explain the likely evolution of the economy and the appropriate stance of monetary policy. The FOMC receives a forecast produced by the Federal Reserve staff which remains private for five years. This paper brings evidence that the FOMC forecast also incorporates other publicly available forecasts and views and that the weight attributed to public forecasts is larger than what is optimal given a mean squared error objective. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, May 2013, 28 pp. AU - Nunes, Ricardo Y1 - 2013/05// PY - 2013 DA - May 2013 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Central banks KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Culture and religion - Intellectual life KW - Economic conditions and policy - Economic theory KW - Public opinion KW - Central banks KW - Macroeconomics KW - Errors KW - Markets KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738472930?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nunes%2C+Ricardo&rft.aulast=Nunes&rft.aufirst=Ricardo&rft.date=2013-05-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Do+Central+Banks%27+Forecasts+Take+into+Account+Public+Opinion+and+Views%3F&rft.title=Do+Central+Banks%27+Forecasts+Take+into+Account+Public+Opinion+and+Views%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2013/1080/ifdp1080.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - International Finance Discussion pa. no. 1080 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Do Central Banks' Forecasts Take into Account Public Opinion and Views? AN - 1448770429; 2011-517090 AB - The Federal Reserve through the Federal Open Market Committee (FOMC) regularly releases macroeconomic forecasts to explain the likely evolution of the economy and the appropriate stance of monetary policy. The FOMC receives a forecast produced by the Federal Reserve staff which remains private for five years. This paper brings evidence that the FOMC forecast also incorporates other publicly available forecasts and views and that the weight attributed to public forecasts is larger than what is optimal given a mean squared error objective. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, May 2013, 28 pp. AU - Nunes, Ricardo Y1 - 2013/05// PY - 2013 DA - May 2013 PB - Board of Governors of the Federal Reserve System System KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Central banks KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Culture and religion - Intellectual life KW - Economic conditions and policy - Economic theory KW - Public opinion KW - Central banks KW - Macroeconomics KW - Errors KW - Markets KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448770429?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hancock%2C+Diana%3BPassmore%2C+Wayne%3BFrame%2C+W+Scott&rft.aulast=Hancock&rft.aufirst=Diana&rft.date=2012-06-01&rft.volume=44&rft.issue=4&rft.spage=661&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2012.00505.x L2 - http://www.federalreserve.gov/pubs/ifdp/2013/1080/ifdp1080.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - International Finance Discussion pa. no. 1080 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Economic Volatility and Financial Markets: The Case of Mortgage-Backed Securities AN - 1738473519; 2011-517044 AB - The volatility of aggregate economic activity in the US decreased markedly in the mid-eighties. The decrease involved several components of GDP and has been linked to a more stable economic environment, identified by smaller shocks, more effective policy, and a diverse set of innovations related to inventory management as well as financial markets. This study documents a negative relation between the volatility of GDP and some of its components and one such financial development: the emergence of mortgage-backed securities -- This relationship changed sign, from negative to positive, in the early 2000's. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Apr 29 2013, 32 pp. AU - Antinolfi, Gaetano AU - Brunetti, Celso Y1 - 2013/04/29/ PY - 2013 DA - 2013 Apr 29 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Business and service sector - Business management KW - United States KW - Management KW - Inventory KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473519?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Antinolfi%2C+Gaetano%3BBrunetti%2C+Celso&rft.aulast=Antinolfi&rft.aufirst=Gaetano&rft.date=2013-04-29&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Economic+Volatility+and+Financial+Markets%3A+The+Case+of+Mortgage-Backed+Securities&rft.title=Economic+Volatility+and+Financial+Markets%3A+The+Case+of+Mortgage-Backed+Securities&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201342/201342pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-42 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Taxation, Match Quality, and Social Welfare AN - 1738472876; 2011-517091 AB - A large public finance literature argues that taxable income elasticities are a sufficient statistic for the social welfare consequences of taxation. Such deadweight loss calculations are overestimates proportional to the quantitative significance of heterogeneity in amenities across job matches. In particular, the endogenous supply of amenities can substantially exacerbate this overestimation in both static and dynamic environments. Given the possibility of gradual migration of workers into more amenity-focused job matches in response to tax increases, welfare calculations based on long-run taxable income elasticities can be more misleading than those based on short-run elasticities. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Apr 19 2013, 29 pp. AU - Epstein, Brendan AU - Nunn, Ryan Y1 - 2013/04/19/ PY - 2013 DA - 2013 Apr 19 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic policy, planning, and development KW - Banking and public and private finance - Taxation and tax policy KW - Business and service sector - Accounting KW - Population groups, population policy, and demographics - Migrants and migration KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Public finance KW - Taxation KW - Statistics KW - Welfare economics KW - Migration KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738472876?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Epstein%2C+Brendan%3BNunn%2C+Ryan&rft.aulast=Epstein&rft.aufirst=Brendan&rft.date=2013-04-19&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Taxation%2C+Match+Quality%2C+and+Social+Welfare&rft.title=Taxation%2C+Match+Quality%2C+and+Social+Welfare&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2013/1079/ifdp1079.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - International Finance Discussion pa. no. 1079 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The Minimum Balance at Risk: A Proposal to Mitigate the Systemic Risks Posed by Money Market Funds AN - 1497406242; 2011-542942 AB - This paper introduces a proposal for money market fund (MMF) reform to mitigate the systemic risk and externalities that arise from the funds' vulnerability to runs and to protect shareholders who do not redeem quickly when runs occur. Our proposal would require that a small fraction of each MMF shareholder's recent balances, called the "minimum balance at risk" (MBR), be available for redemption only with a delay of 30 days. Most regular transactions in the fund would be unaffected; the requirement would only affect redemptions of the shareholder's MBR. In addition, in the rare event that a fund suffers losses, the MBRs of investors who have recently made large redemptions would absorb losses before those of nonredeeming investors. This subordination of redeeming investors' MBRs would create a disincentive to redeem if the fund is likely to have losses, but would have little effect on incentives when the risk of loss is remote. We use empirical evidence, including a novel data set from the U.S. Treasury and the U.S. Securities and Exchange Commission on MMF losses in 2008, to calibrate an MBR rule that would reduce the vulnerability of MMFs to runs. Adapted from the source document. JF - Brookings Papers on Economic Activity AU - McCabe, Patrick E AU - Cipriani, Marco AU - Holscher, Michael AU - Martin, Antoine AD - Board of Governors of the Federal Reserve System Y1 - 2013/04// PY - 2013 DA - April 2013 SP - 211 EP - 278 PB - Brookings Institution, Washington, DC SN - 0007-2303, 0007-2303 KW - Social conditions and policy - Public safety and security KW - Banking and public and private finance - Investments and securities KW - Culture and religion - Intellectual life KW - Politics - Politics and policy-making KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Risk KW - Investors KW - Treasury KW - Regulation KW - Money market KW - Decision-making KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1497406242?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Brookings+Papers+on+Economic+Activity&rft.atitle=The+Minimum+Balance+at+Risk%3A+A+Proposal+to+Mitigate+the+Systemic+Risks+Posed+by+Money+Market+Funds&rft.au=McCabe%2C+Patrick+E%3BCipriani%2C+Marco%3BHolscher%2C+Michael%3BMartin%2C+Antoine&rft.aulast=McCabe&rft.aufirst=Patrick&rft.date=2013-04-01&rft.volume=&rft.issue=&rft.spage=211&rft.isbn=&rft.btitle=&rft.title=Brookings+Papers+on+Economic+Activity&rft.issn=00072303&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2014-01-01 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Risk; Investors; Money market; Treasury; Decision-making; Regulation ER - TY - BOOK T1 - The Long and the Short of Household Formation AN - 1448769426; 2011-517059 AB - One of the drivers of housing demand is the rate of new household formation, which has been well below trend in recent years, leading to persistent weakness in the housing market. This paper studies the determinants of household formation in the US, including demographic and behavioral changes, and how they evolve over the long and short runs. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Apr 1 2013, 39 pp. AU - Paciorek, Andrew D Y1 - 2013/04/01/ PY - 2013 DA - 2013 Apr 01 PB - Board of Governors of the Federal Reserve System System KW - Population groups, population policy, and demographics - Demography and census KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - United States KW - Housing KW - Households KW - Markets KW - Demographics KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448769426?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Paciorek%2C+Andrew+D&rft.aulast=Paciorek&rft.aufirst=Andrew&rft.date=2013-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Long+and+the+Short+of+Household+Formation&rft.title=The+Long+and+the+Short+of+Household+Formation&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201326/201326pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-26 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Early Withdrawals from Retirement Accounts during the Great Recession AN - 1448769302; 2011-517063 AB - Early withdrawals from retirement accounts are a double-edged sword, because withdrawals reduce retirement resources, but they also allow individuals to smooth consumption when they experience demographic and economic shocks. Using tax data, this study shows that pre-retirement withdrawals increased between 2004 and 2010, but early withdrawal rates are substantial (relative to new contributions) in all of those years. Early withdrawal events are strongly correlated with shocks to income and marital status, and lower-income taxpayers are more likely to experience the types of shocks associated with early withdrawals and more likely to have a taxable withdrawal when they experience a shock. Tables, References. JF - Board of Governors of the Federal Reserve System System, Mar 2013, 28 pp. AU - Argento, Robert AU - Bryant, Victoria L AU - Sabelhaus, John Y1 - 2013/03// PY - 2013 DA - March 2013 PB - Board of Governors of the Federal Reserve System System KW - Labor conditions and policy - Employment and labor supply KW - Economic conditions and policy - Consumers and consumption KW - Economic conditions and policy - Economic conditions KW - Social conditions and policy - Marriage and family life KW - Business and service sector - Accounting KW - Marital status KW - Consumption KW - Economic conditions KW - Demographics KW - Retirement KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448769302?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Argento%2C+Robert%3BBryant%2C+Victoria+L%3BSabelhaus%2C+John&rft.aulast=Argento&rft.aufirst=Robert&rft.date=2013-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Early+Withdrawals+from+Retirement+Accounts+during+the+Great+Recession&rft.title=Early+Withdrawals+from+Retirement+Accounts+during+the+Great+Recession&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201322/201322pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-22 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Fiscal consolidation in a currency union: spending cuts vs. tax hikes AN - 1282038804; 4390685 AB - This paper uses a two country DSGE model to examine the effects of tax-based vs. expenditure-based fiscal consolidation in a currency union. We find three key results. First, given limited scope for monetary accommodation, tax-based consolidation tends to have smaller adverse effects on output than expenditure-based consolidation in the near-term, though is more costly in the longer-run. Second, a large expenditure-based consolidation may be counterproductive in the near-term if the zero lower bound is binding, reflecting that output losses rise at the margin. Third, a ''mixed strategy'' that combines a sharp but temporary rise in taxes with gradual spending cuts may be desirable in minimizing the output costs of fiscal consolidation. All rights reserved, Elsevier JF - Journal of economic dynamics and control AU - Erceg, C J AU - Linde, J AD - US Board of Governors of the Federal Reserve System Y1 - 2013/02// PY - 2013 DA - Feb 2013 SP - 422 EP - 445 VL - 37 IS - 2 SN - 0165-1889, 0165-1889 KW - Economics KW - Expenditure KW - Liquidity trap KW - Profit margins KW - Currency market KW - Fiscal policy KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1282038804?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=Fiscal+consolidation+in+a+currency+union%3A+spending+cuts+vs.+tax+hikes&rft.au=Erceg%2C+C+J%3BLinde%2C+J&rft.aulast=Erceg&rft.aufirst=C&rft.date=2013-02-01&rft.volume=37&rft.issue=2&rft.spage=422&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2012.09.012 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8217 3977 5574 10472; 5001 3977 5574 10472; 7448 8217 3977 5574 10472; 3221; 10309 10304; 4618 DO - http://dx.doi.org/10.1016/j.jedc.2012.09.012 ER - TY - BOOK T1 - Discovering the Universe: Measuring the Role of Finance Companies in the U.S. Economy AN - 1448770254; 2011-517071 AB - Credit to consumers and business is critical to the efficient functioning of the US economy, and finance companies are a key source of such credit. Every five years, the Federal Reserve conducts a two-part survey to identify the universe of such firms and to obtain balance-sheet data from firms identified in the Census of Finance Companies (CFC). A follow-up study of nonrespondents to the CFC was conducted to obtain information on the operating status of the unobserved firms. This paper describes the way the CFC and the follow-up were used to construct an estimate of the universe of finance companies. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Jan 28 2013, 37 pp. AU - Chen, Lisa AU - Johnson, Kathleen W AU - Kennickell, Arthur B Y1 - 2013/01/28/ PY - 2013 DA - 2013 Jan 28 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Education and education policy - Statistics, research, research methods, and research support KW - Economic conditions and policy - Consumers and consumption KW - Population groups, population policy, and demographics - Demography and census KW - United States KW - Business KW - Finance companies KW - Consumer credit KW - Surveys KW - Census KW - Consumers KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448770254?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Chen%2C+Lisa%3BJohnson%2C+Kathleen+W%3BKennickell%2C+Arthur+B&rft.aulast=Chen&rft.aufirst=Lisa&rft.date=2013-01-28&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Discovering+the+Universe%3A+Measuring+the+Role+of+Finance+Companies+in+the+U.S.+Economy&rft.title=Discovering+the+Universe%3A+Measuring+the+Role+of+Finance+Companies+in+the+U.S.+Economy&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201313/201313pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-13 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Effectiveness of the Non-Standard Policy Measures during the Financial Crises: The Experiences of the Federal Reserve and the European Central Bank AN - 1738474430; 2011-517052 AB - A growing number of studies have sought to measure the effects of non-standard policy on bank funding markets. The purpose of this paper is to carry those estimates a step further by looking at the effects of bank funding market stress on the volume of bank lending, using a simultaneous equation approach. By separately modeling loan supply and demand, it determines how non-standard central bank measures affected bank lending by reducing stress in bank funding markets. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jan 2013, 56 pp. AU - Carpenter, Seth B AU - Demiralp, Selva AU - Eisenschmidt, Jens Y1 - 2013/01// PY - 2013 DA - January 2013 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Central banks KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic theory KW - Central banks KW - Loans KW - Markets KW - Banking KW - Supply and demand KW - European central bank KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474430?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carpenter%2C+Seth+B%3BDemiralp%2C+Selva%3BEisenschmidt%2C+Jens&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2013-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Effectiveness+of+the+Non-Standard+Policy+Measures+during+the+Financial+Crises%3A+The+Experiences+of+the+Federal+Reserve+and+the+European+Central+Bank&rft.title=The+Effectiveness+of+the+Non-Standard+Policy+Measures+during+the+Financial+Crises%3A+The+Experiences+of+the+Federal+Reserve+and+the+European+Central+Bank&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201334/201334pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-34 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Challenges for the Future of Chinese Economic Growth AN - 1448770038; 2011-517096 AB - The Chinese economy has been growing at a rapid pace for over thirty years. Most of this growth has come from higher labor productivity, while growth of employment has diminished along with a slower rate of increase in the working-age population. This paper examines the challenges that China will face over the next two decades in maintaining its rapid pace of economic growth, especially as working-age population growth slows further and then begins to decline. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Jan 2013, 30 pp. AU - Haltmaier, Jane Y1 - 2013/01// PY - 2013 DA - January 2013 PB - Board of Governors of the Federal Reserve System System KW - Economic conditions and policy - Economic policy, planning, and development KW - Labor conditions and policy - Employment and labor supply KW - Population groups, population policy, and demographics - Demography and census KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Labor productivity KW - Population growth KW - Economic development KW - Population KW - Employment KW - China (People's Republic) KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448770038?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Haltmaier%2C+Jane&rft.aulast=Haltmaier&rft.aufirst=Jane&rft.date=2013-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Challenges+for+the+Future+of+Chinese+Economic+Growth&rft.title=Challenges+for+the+Future+of+Chinese+Economic+Growth&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2013/1072/ifdp1072.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - International Finance Discussion pa. no. 1072 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Federal Reserve's Balance Sheet and Earnings: A Primer and Projections AN - 1448769125; 2011-517083 AB - Over the past few years, the Federal Reserve's use of unconventional monetary policy tools has led it to hold a large portfolio of securities. The asset purchases are intended to put downward pressure on longer-term interest rates, but also affect the Federal Reserve's balance sheet and income. This report presents a framework for projecting Federal Reserve assets and liabilities and income through time. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Jan 2013, 49 pp. AU - Carpenter, Seth B AU - Ihrig, Jane E AU - Klee, Elizabeth C AU - Quinn, Daniel W AU - Boote, Alexander H Y1 - 2013/01// PY - 2013 DA - January 2013 PB - Board of Governors of the Federal Reserve System System KW - Business and service sector - Accounting KW - Banking and public and private finance - Public finance KW - Law and ethics - Liability, torts, and personal injury KW - Banking and public and private finance - Credit, loans, and personal finance KW - Interest rates KW - Assets KW - Balance sheets KW - Liability KW - Monetary policy KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1448769125?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carpenter%2C+Seth+B%3BIhrig%2C+Jane+E%3BKlee%2C+Elizabeth+C%3BQuinn%2C+Daniel+W%3BBoote%2C+Alexander+H&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2013-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Federal+Reserve%27s+Balance+Sheet+and+Earnings%3A+A+Primer+and+Projections&rft.title=The+Federal+Reserve%27s+Balance+Sheet+and+Earnings%3A+A+Primer+and+Projections&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2013/201301/201301pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-11-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2013 N1 - SuppNotes - Finance and Economics Discussion Ser. 2013-01 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Misallocation and financial market frictions: some direct evidence from the dispersion in borrowing costs AN - 1282038803; 4390878 AB - Financial frictions distort the allocation of resources among productive units-all else equal, firms whose financing choices are affected by such frictions face higher borrowing costs than firms with ready access to capital markets. As a result, input choices may differ systematically across firms in ways that are unrelated to their productive efficiency. We propose an accounting framework that allows us to assess empirically the magnitude of the loss in aggregate resources due to such misallocation. To a second-order approximation, the framework requires only information on the dispersion in borrowing costs across firms, which we measure-for a subset of U.S. manufacturing firms-directly from the interest rate spreads on their outstanding publicly-traded debt. Given the observed dispersion in borrowing costs, our approximation method implies a relatively modest loss in efficiency due to resource misallocation-on the order of 1 to 2 percent of measured total factor productivity (TFP). In our framework, the correlation between firm size and borrowing costs has no bearing on TFP losses under the assumption that financial distortions and firm-level efficiency are jointly log-normally distributed. To take into account the effect of covariation between firm size and borrowing costs, we consider a more general framework, which dispenses with the assumption of log-normality and which implies somewhat higher estimates of the resource losses-about 3.5 percent of measured TFP. Counterfactual experiments indicate that dispersion in borrowing costs must be an order of magnitude higher than that observed in the U.S. financial data, in order for misallocation-arising from financial distortions-to account for a significant fraction of measured TFP differentials across countries. All rights reserved, Elsevier JF - Review of economic dynamics AU - Gilchrist, S AU - Sim, J W AU - Zakrajsek, E AD - Board of Governors of the Federal Reserve System Y1 - 2013/01// PY - 2013 DA - Jan 2013 SP - 159 EP - 176 VL - 16 IS - 1 SN - 1094-2025, 1094-2025 KW - Economics KW - Costs KW - Capital market KW - Financial management KW - Manufacturing KW - U.S.A. KW - Borrowing KW - Total factor productivity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1282038803?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+economic+dynamics&rft.atitle=Misallocation+and+financial+market+frictions%3A+some+direct+evidence+from+the+dispersion+in+borrowing+costs&rft.au=Gilchrist%2C+S%3BSim%2C+J+W%3BZakrajsek%2C+E&rft.aulast=Gilchrist&rft.aufirst=S&rft.date=2013-01-01&rft.volume=16&rft.issue=1&rft.spage=159&rft.isbn=&rft.btitle=&rft.title=Review+of+economic+dynamics&rft.issn=10942025&rft_id=info:doi/10.1016%2Fj.red.2012.11.001 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - Total factor productivity; 1983 7711; 7665 6431; 1722 4577 3872 554 971; 2934; 4937 7625; 433 293 14 DO - http://dx.doi.org/10.1016/j.red.2012.11.001 ER - TY - JOUR T1 - Fiscal positions and government bond yields in OECD countries AN - 1272082736; 4384786 AB - We examine the effect of fiscal positions, both the level of debt and the fiscal balance, on long-term government bond yields in the Organisation for Economic Co-operation and Development (OECD). To control for the endogenity of fiscal positions to the business cycle we utilize forward projections of fiscal positions from the OECD's Economic Outlook. In a panel regression over the period from 1988 to 2007, we find a robust and significant effect of fiscal positions on long-term bond yields. Our estimates imply that the marginal effect of the projected deterioration of fiscal positions adds about 60 basis points to U.S. bond yields by 2015, with effects on other G-7 bond yields generally being smaller. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Kamin, Steven B AU - Gruber, Joseph W AD - US Board of Governors of the Federal Reserve System Y1 - 2012/12// PY - 2012 DA - Dec 2012 SP - 1563 EP - 1587 VL - 44 IS - 8 SN - 0022-2879, 0022-2879 KW - Economics KW - Government KW - Economic development KW - Regression analysis KW - Organization KW - Estimation KW - Marginalism UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1272082736?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Fiscal+positions+and+government+bond+yields+in+OECD+countries&rft.au=Kamin%2C+Steven+B%3BGruber%2C+Joseph+W&rft.aulast=Kamin&rft.aufirst=Steven&rft.date=2012-12-01&rft.volume=44&rft.issue=8&rft.spage=1563&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2012.00544.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 5551; 9003; 4403 7854; 3907 3483 3921; 10739 12228 10919; 7682 11835 11859 11856 DO - http://dx.doi.org/10.1111/j.1538-4616.2012.00544.x ER - TY - JOUR T1 - The role of debt and equity finance over the business cycle AN - 1240206875; 4376908 AB - If equity issuance is introduced into the costly state verification framework and the friction firms face in raising equity is acyclical, then the model cannot simultaneously generate procyclical equity issuance and a countercyclical default rate. This requires a countercyclical equity issuance friction. With a countercyclical friction, the model can also overturn an undesirable feature of the standard debt-only model: dampening of shocks. To quantitatively match observed patterns, the friction in the cost of raising equity has to vary a lot more over the business cycle than can be justified by estimates of cyclical changes in direct equity issuance costs. Reprinted by permission of Blackwell Publishers JF - Economic journal AU - Covas, Francisco AU - Den Haan, Wouter J AD - Board of Governors of the Federal Reserve System ; London School of Economics and Political Science Y1 - 2012/12// PY - 2012 DA - Dec 2012 SP - 1262 EP - 1286 VL - 122 IS - 565 SN - 0013-0133, 0013-0133 KW - Economics KW - Costs KW - Economic shock KW - Economic models KW - Debt KW - Business cycles KW - Equity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1240206875?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economic+journal&rft.atitle=The+role+of+debt+and+equity+finance+over+the+business+cycle&rft.au=Covas%2C+Francisco%3BDen+Haan%2C+Wouter+J&rft.aulast=Covas&rft.aufirst=Francisco&rft.date=2012-12-01&rft.volume=122&rft.issue=565&rft.spage=1262&rft.isbn=&rft.btitle=&rft.title=Economic+journal&rft.issn=00130133&rft_id=info:doi/10.1111%2Fj.1468-0297.2012.02528.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3969 8163; 4380; 4002 3980 9965; 2934; 1850; 3307 DO - http://dx.doi.org/10.1111/j.1468-0297.2012.02528.x ER - TY - JOUR T1 - U.S. international equity investment AN - 1171849298; 4364574 AB - Using a comprehensive data set of all U.S. investment in foreign equities, we find that the single most important determinant of the amount of U.S. investment a foreign firm receives is whether the firm cross-lists on a U.S. exchange. Correcting for selection biases, cross-listing leads to a doubling (or more) in U.S. investment, an impact greater than all other factors combined. Much of this increased U.S. investment is purchased in the foreign market, implying that the cross-listing effect reflects something more fundamental about a firm than easier acquisition of its securities. We also demonstrate that cross-listing is an important determinant of U.S. international investment at the country level and describe easy-to-implement methods for including a cross-listing variable as an endogenous control. Reprinted by permission of Blackwell Publishing JF - Journal of accounting research AU - Ammer, John AU - Holland, Sara B AU - Smith, David C AU - Warnock, Francis E AD - Board of Governors of the Federal Reserve System ; University of Georgia ; University of Virginia Y1 - 2012/12// PY - 2012 DA - Dec 2012 SP - 1109 EP - 1139 VL - 50 IS - 5 SN - 0021-8456, 0021-8456 KW - Economics KW - Foreign markets KW - Exchange KW - International investment KW - Acquisitions KW - Economic security KW - U.S.A. KW - Equity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1171849298?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+accounting+research&rft.atitle=U.S.+international+equity+investment&rft.au=Ammer%2C+John%3BHolland%2C+Sara+B%3BSmith%2C+David+C%3BWarnock%2C+Francis+E&rft.aulast=Ammer&rft.aufirst=John&rft.date=2012-12-01&rft.volume=50&rft.issue=5&rft.spage=1109&rft.isbn=&rft.btitle=&rft.title=Journal+of+accounting+research&rft.issn=00218456&rft_id=info:doi/10.1111%2Fj.1475-679X.2012.00464.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6738 6852; 5197 7711; 4380; 4001 8528; 547 2527 3896 3921; 4577 3872 554 971; 433 293 14 DO - http://dx.doi.org/10.1111/j.1475-679X.2012.00464.x ER - TY - JOUR T1 - Are spectral estimators useful for long-run restrictions in SVARs? AN - 1095630152; 4348211 AB - No, not really. In response to concerns about the reliability of SVARs, one proposal has been to combine OLS estimates of a VAR with non-parametric estimates of the spectral density. But as shown here, spectral estimators are no panacea for implementing long-run restrictions. They can suffer from small sample and misspecification biases just as VARs do. As a novelty, this paper uses a spectral factorization to ensure a correct representation of the data's variance. But this cannot overcome the basic small sample issues, which arise when trying to estimate long-run properties from relatively short samples of time-series data. All rights reserved, Elsevier JF - Journal of economic dynamics and control AU - Mertens, E AD - US Federal Reserve System Y1 - 2012/12// PY - 2012 DA - Dec 2012 SP - 1831 EP - 1844 VL - 36 IS - 12 SN - 0165-1889, 0165-1889 KW - Economics KW - Variance KW - Time series KW - Reliability KW - Collective representation KW - Estimation KW - Vector-autoregressive models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1095630152?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=Are+spectral+estimators+useful+for+long-run+restrictions+in+SVARs%3F&rft.au=Mertens%2C+E&rft.aulast=Mertens&rft.aufirst=E&rft.date=2012-12-01&rft.volume=36&rft.issue=12&rft.spage=1831&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2012.06.007 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10761; 4403 7854; 12759 12228 10919; 13249 10214 12224 971; 2488; 13258 3864 8163 10739 12228 10919 DO - http://dx.doi.org/10.1016/j.jedc.2012.06.007 ER - TY - JOUR T1 - ABS inflows to the United States and the global financial crisis AN - 1267028444; 4381529 AB - Relative to the 'global savings glut' (GSG) hypothesis, we present a more complete picture of how capital flows contributed to the financial crisis, drawing attention to the sizable inflows from European investors into U.S. private-label asset-backed securities (ABS), including mortgage-backed securities and other structured investment products. The GSG hypothesis argues that the surge in capital inflows from emerging market economies to the United States led to significant declines in long-term interest rates in the United States and other industrial economies. In turn, these lower interest rates, when combined with both innovations and deficiencies of the U.S. credit market, are believed to have contributed to the U.S. housing bubble and to the buildup in financial vulnerabilities that led to the financial crisis. Because the GSG countries for the most part restricted their U.S. purchases to Treasuries and Agency debt, their provision of savings to ultimately risky subprime mortgage borrowers was necessarily indirect, pushing down yields on safe assets and increasing the appetite for alternative investments on the part of other investors. Foreign acquisitions of private-label ABS, primarily by Europeans, provided credit more directly and, by adding to domestic demand for these securities, contributed to the decline in their spreads over Treasury yields. Through a combination of empirical estimation and model simulation, we verify that both GSG inflows into Treasuries and Agencies, as well as European acquisitions of ABS, played a role in contributing to downward pressures on U.S. interest rates. All rights reserved, Elsevier JF - Journal of international economics AU - Bertaut, C AU - DeMarco, L P AU - Kamin, S AU - Tryon, R AD - US Board of Governors of the Federal Reserve System Y1 - 2012/11// PY - 2012 DA - Nov 2012 SP - 219 EP - 234 VL - 88 IS - 2 SN - 0022-1996, 0022-1996 KW - Economics KW - Financial crisis KW - Interest rates KW - Securities issues KW - Credit market KW - Market economy KW - Europe KW - U.S.A. KW - Mortgages KW - Capital flow UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1267028444?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+economics&rft.atitle=ABS+inflows+to+the+United+States+and+the+global+financial+crisis&rft.au=Bertaut%2C+C%3BDeMarco%2C+L+P%3BKamin%2C+S%3BTryon%2C+R&rft.aulast=Bertaut&rft.aufirst=C&rft.date=2012-11-01&rft.volume=88&rft.issue=2&rft.spage=219&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+economics&rft.issn=00221996&rft_id=info:doi/10.1016%2Fj.jinteco.2012.04.001 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6637 6632; 1967; 4920 3904; 11431; 8299; 7718 4018; 2998 7711; 433 293 14; 129 DO - http://dx.doi.org/10.1016/j.jinteco.2012.04.001 ER - TY - JOUR T1 - The Federal Reserve's large-scale asset purchase programmes: rationale and effects AN - 1230585160; 4372951 AB - We provide empirical estimates of the effect of large-scale asset purchases (LSAPs) on longer term US Treasury yields within a framework that allows for several transmission channels including the scarcity channel associated with the preferred-habitat literature and the duration channel associated with interest‐ ;rate risk. We also clarify LSAPs' role in the broader context of historical monetary policy strategy. Results indicate that LSAP-style operations mainly impact longer term rates via the nominal term premium; within that premium, the response is predominantly embodied in the real term premium. The scarcity and duration channels both seem to be of considerable importance. Reprinted by permission of Blackwell Publishers JF - Economic journal AU - English, William AU - López-Salido, David AU - Nelson, Edward AU - Amico, Stefania D' AD - US Federal Reserve System Y1 - 2012/11// PY - 2012 DA - Nov 2012 SP - F415 EP - F446 VL - 122 IS - 564 SN - 0013-0133, 0013-0133 KW - Economics KW - Economic theory KW - Assets KW - Transmission mechanism KW - Empirical research KW - U.S.A. KW - Monetary policy KW - Financial theory UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1230585160?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economic+journal&rft.atitle=The+Federal+Reserve%27s+large-scale+asset+purchase+programmes%3A+rationale+and+effects&rft.au=English%2C+William%3BL%C3%B3pez-Salido%2C+David%3BNelson%2C+Edward%3BAmico%2C+Stefania+D%27&rft.aulast=English&rft.aufirst=William&rft.date=2012-11-01&rft.volume=122&rft.issue=564&rft.spage=F415&rft.isbn=&rft.btitle=&rft.title=Economic+journal&rft.issn=00130133&rft_id=info:doi/10.1111%2Fj.1468-0297.2012.02550.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4200 10902; 1348 9079; 8217 3977 5574 10472; 4019; 12928 12916; 4967; 433 293 14 DO - http://dx.doi.org/10.1111/j.1468-0297.2012.02550.x ER - TY - JOUR T1 - Differences across originators in CMBS loan underwriting AN - 1034350039; 4323884 AB - There is considerable heterogeneity in the organizational structures of CMBS loan originators that may influence originators' underwriting incentives. We examine data on over 30,000 commercial mortgages securitized into CMBS since 1999, and find significant differences in the propensity to become delinquent depending upon whether a loan was originated by a commercial bank, investment bank, insurance company, finance company, conduit lender, or foreign-owned entity. These differences hold both before and after controlling for key loan characteristics. We then explore possible explanations for these results. Reliance on external financing during a loan's warehousing period - the period between origination and securitization - could explain the relatively poor performance of loans originated by conduit lenders. Also, despite the potential for engaging in adverse selection, balance-sheet lenders - commercial banks, insurance companies and finance companies - actually underwrote higher-quality loans. Reprinted by permission of Springer JF - Journal of financial services research AU - Black, Lamont K AU - Chu, Chenghuan Sean AU - Cohen, Andrew AU - Nichols, Joseph B AD - Board of Governors of the Federal Reserve System Y1 - 2012/10// PY - 2012 DA - Oct 2012 SP - 115 EP - 134 VL - 42 IS - 1 SN - 0920-8550, 0920-8550 KW - Economics KW - Commercial banks KW - Financial institutions KW - Financial reporting KW - Mortgage loans KW - G-20 KW - Organizational structure UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1034350039?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Caldara%2C+Dario%3BKamps%2C+Christophe&rft.aulast=Caldara&rft.aufirst=Dario&rft.date=2012-02-21&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Analytics+of+SVARs%3A+A+Unified+Framework+to+Measure+Fiscal+Multipliers&rft.title=The+Analytics+of+SVARs%3A+A+Unified+Framework+to+Measure+Fiscal+Multipliers&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 9028; G-20; 2526 1477 4930 6590; 8296 7487 4577 3872 554 971; 4950; 4930 6590 DO - http://dx.doi.org/10.1007/s10693-011-0120-0 ER - TY - BOOK T1 - Practical Tools for Policy Analysis in DSGE Models with Missing Channels AN - 1738473487; 2011-383566 AB - This paper analyzes the propagation of shocks originating in sectors that are not present in a baseline dynamic stochastic general equilibrium (DSGE) model. Specifically, it proxies the missing sector through a small set of factors, that feed into the structural shocks of the DSGE model to create correlated disturbances. This methodology is used to track the effects of oil shocks and housing demand shocks in models without energy and housing sectors. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Sep 13 2012, 18 pp. AU - Caldara, Dario AU - Harrison, Richard AU - Lipinska, Anna Y1 - 2012/09/13/ PY - 2012 DA - 2012 Sep 13 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Social conditions and policy - Housing KW - Energy resources and policy - Petroleum and natural gas industries and products KW - Social conditions and policy - Social sciences and social scientists KW - Politics - Politics and policy-making KW - Petroleum industry KW - Political science KW - Housing KW - Federal reserve system KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473487?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Caldara%2C+Dario%3BHarrison%2C+Richard%3BLipinska%2C+Anna&rft.aulast=Caldara&rft.aufirst=Dario&rft.date=2012-09-13&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Practical+Tools+for+Policy+Analysis+in+DSGE+Models+with+Missing+Channels&rft.title=Practical+Tools+for+Policy+Analysis+in+DSGE+Models+with+Missing+Channels&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201272/201272pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-72 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Federal Reserve's Balance Sheet and Overnight Interest Rates AN - 1315875470; 2011-383572 AB - This paper provides a comprehensive study of the interplay between the Federal Reserve's balance sheet and overnight interest rates. It models both the supply of and the demand for excess reserves, treating assets of the Federal Reserve as policy tools, and estimates the effects of conventional and unconventional monetary policy on overnight funding rates. In the current environment with quite elevated levels of reserves, the effect of further monetary policy accommodation on overnight interest rates is limited. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Sep 10 2012, 41 pp. AU - Marquez, Jaime AU - Morse, Ari AU - Schlusche, Bernd Y1 - 2012/09/10/ PY - 2012 DA - 2012 Sep 10 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Interest rates KW - Assets KW - Balance sheets KW - Federal reserve system KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875470?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Marquez%2C+Jaime%3BMorse%2C+Ari%3BSchlusche%2C+Bernd&rft.aulast=Marquez&rft.aufirst=Jaime&rft.date=2012-09-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Federal+Reserve%27s+Balance+Sheet+and+Overnight+Interest+Rates&rft.title=The+Federal+Reserve%27s+Balance+Sheet+and+Overnight+Interest+Rates&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201266/201266pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-66 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Effective Tax Rates and Measures of Business Size AN - 1315876200; 2011-383579 AB - This paper uses data from the Survey of Consumer Finances (SCF) and the NBER TAXSIM model to estimate marginal and average tax rates for households that own businesses that are pass-thru entities. It examines how marginal and average tax rates vary by the size of business using four different measures of the size: net income, gross receipts, business value, and number of employees. The analysis also uses the long-time series of SCF cross-sections to examine how tax rates for business owners have evolved over the various changes in tax policy of the last two decades. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Sep 3 2012, 27 pp. AU - Moore, Kevin B Y1 - 2012/09/03/ PY - 2012 DA - 2012 Sep 03 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Business and business enterprises KW - Economic conditions and policy - Consumers and consumption KW - Education and education policy - Statistics, research, research methods, and research support KW - Business and service sector - Accounting KW - Population groups, population policy, and demographics - Demography and census KW - Labor conditions and policy - Work and labor KW - Business KW - Households KW - Employees KW - Surveys KW - Consumers KW - Tax policy KW - Federal reserve system KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315876200?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Moore%2C+Kevin+B&rft.aulast=Moore&rft.aufirst=Kevin&rft.date=2012-09-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Effective+Tax+Rates+and+Measures+of+Business+Size&rft.title=Effective+Tax+Rates+and+Measures+of+Business+Size&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201258/201258pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-58 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Border prices and retail prices AN - 1095630303; 4348073 AB - We analyze retail prices and at-the-dock (import) prices of specific items in the Bureau of Labor Statistics' (BLS) CPI and IPP databases, using both databases simultaneously to identify items that are identical in description at the dock and when sold at retail. This identification allows us to measure the distribution wedge associated with bringing traded goods from the point of entry into the United States to their retail outlet. We find that overall U.S. distribution wedges are 50-70%, around 10 to 20 percentage points higher than that reported in the literature. We discuss the implications of this for measuring the size of the ''pure'' tradeables sector, exchange rate pass-through, and real exchange rate determination. We find that distribution wedges are very stable over time but there is considerable variation across items. There is some variation across the country of origin for the imported item, for our major trading partners, but not as much as the cross-item variation. We also investigate the determinants of distribution wedges, finding that wedges do not vary systematically with exchange rates, but are related to other features of the micro data. All rights reserved, Elsevier JF - Journal of international economics AU - Berger, D AU - Faust, J AU - Rogers, J H AU - Steverson, K AD - Board of Governors of the Federal Reserve System Y1 - 2012/09// PY - 2012 DA - Sep 2012 SP - 62 EP - 73 VL - 88 IS - 1 SN - 0022-1996, 0022-1996 KW - Economics KW - Retail trade KW - Pricing KW - Consumer Price Index KW - Prices KW - Distribution KW - U.S.A. KW - Retail prices KW - Exchange rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1095630303?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+economics&rft.atitle=Border+prices+and+retail+prices&rft.au=Berger%2C+D%3BFaust%2C+J%3BRogers%2C+J+H%3BSteverson%2C+K&rft.aulast=Berger&rft.aufirst=D&rft.date=2012-09-01&rft.volume=88&rft.issue=1&rft.spage=62&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+economics&rft.issn=00221996&rft_id=info:doi/10.1016%2Fj.jinteco.2012.02.011 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10107; 3641 12233; 4587; 10979 10107; 10980 12812; 2775 10086; 10119; 433 293 14 DO - http://dx.doi.org/10.1016/j.jinteco.2012.02.011 ER - TY - JOUR T1 - Monetary policy and bank lending to small firms AN - 1038900519; 4332683 AB - This paper presents an empirical test of the balance sheet channel of monetary policy. I take advantage of a panel data set containing nearly all domestic banks to search for an adjustment in lending patterns induced by changes in the stance of monetary policy. I find that in response to monetary policy tightening, banks decrease the proportion of credit extended to high-agency-cost ''small'' borrowers. Additionally, I provide evidence that this result is in fact driven by a balance sheet effect working on small borrowers rather than on small lenders. All rights reserved, Elsevier JF - Journal of macroeconomics AU - Kandrac, J AD - Federal Reserve System, Washington DC Y1 - 2012/09// PY - 2012 DA - Sep 2012 SP - 741 EP - 748 VL - 34 IS - 3 SN - 0164-0704, 0164-0704 KW - Economics KW - Balance sheet channel KW - Banking system KW - Panel data KW - Monetary policy KW - Borrowing KW - Balance theory UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1038900519?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+macroeconomics&rft.atitle=Monetary+policy+and+bank+lending+to+small+firms&rft.au=Kandrac%2C+J&rft.aulast=Kandrac&rft.aufirst=J&rft.date=2012-09-01&rft.volume=34&rft.issue=3&rft.spage=741&rft.isbn=&rft.btitle=&rft.title=Journal+of+macroeconomics&rft.issn=01640704&rft_id=info:doi/10.1016%2Fj.jmacro.2012.06.002 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8217 3977 5574 10472; 9144 8160 8163; 1443; 1722 4577 3872 554 971; 1474 1477 4930 6590 DO - http://dx.doi.org/10.1016/j.jmacro.2012.06.002 ER - TY - BOOK T1 - Supervisor Ratings and the Contraction of Bank Lending to Small Businesses AN - 1315876196; 2011-383578 AB - Bank lending to small firms in the US fell substantially during the recent financial crisis and the ensuing recession. Because small firms account for a disproportionate share of new job creation, lending to these firms could have important implications for the pace of economic recovery. A number of factors may have contributed to the decline in small business lending over this period; and this paper examines the extent to which changes in banks' supervisory ratings are associated with changes in the rate of growth of their lending to small businesses. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Aug 23 2012, 21 pp. AU - Kiser, Elizabeth K AU - Prager, Robin A AU - Scott, Jason R Y1 - 2012/08/23/ PY - 2012 DA - 2012 Aug 23 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Business and business enterprises KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Economic policy, planning, and development KW - Business and service sector - Business finance KW - United States KW - Labor policy KW - Finance KW - Small business KW - Federal reserve system KW - Economic stabilization KW - Economic conditions KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315876196?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kiser%2C+Elizabeth+K%3BPrager%2C+Robin+A%3BScott%2C+Jason+R&rft.aulast=Kiser&rft.aufirst=Elizabeth&rft.date=2012-08-23&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supervisor+Ratings+and+the+Contraction+of+Bank+Lending+to+Small+Businesses&rft.title=Supervisor+Ratings+and+the+Contraction+of+Bank+Lending+to+Small+Businesses&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201259/201259pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-59 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Heterogeneous Workers, Optimal Job Seeking, and Aggregate Labor Market Dynamics AN - 1738473529; 2011-383633 AB - In the US, the aggregate vacancy-unemployment (V/U) ratio is strongly procyclical, and a large fraction of its adjustment associated with changes in productivity is sluggish. The latter is entirely unexplained by the benchmark homogeneous-agent model of equilibrium unemployment theory. This study shows that endogenous search and worker-side horizontal heterogeneity in production capacity can be important in accounting for this propagation puzzle. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 12 2012, 40 pp. AU - Epstein, Brendan Y1 - 2012/08/12/ PY - 2012 DA - 2012 Aug 12 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Labor conditions and policy - Work and labor KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Labor conditions and policy - Employment and labor supply KW - United States KW - Unemployment KW - Production KW - Federal reserve system KW - Markets KW - Productivity KW - Accounting KW - Labor KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473529?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=&rft.atitle=Heterogeneous+Workers%2C+Optimal+Job+Seeking%2C+and+Aggregate+Labor+Market+Dynamics&rft.au=Epstein%2C+Brendan&rft.aulast=Epstein&rft.aufirst=Brendan&rft.date=2012-08-12&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1053/ifdp1053.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - International Finance Discussion pa. no. 1053 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Heterogeneous Workers, Optimal Job Seeking, and Aggregate Labor Market Dynamics AN - 1315875236; 2011-383633 AB - In the US, the aggregate vacancy-unemployment (V/U) ratio is strongly procyclical, and a large fraction of its adjustment associated with changes in productivity is sluggish. The latter is entirely unexplained by the benchmark homogeneous-agent model of equilibrium unemployment theory. This study shows that endogenous search and worker-side horizontal heterogeneity in production capacity can be important in accounting for this propagation puzzle. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Aug 12 2012, 40 pp. AU - Epstein, Brendan Y1 - 2012/08/12/ PY - 2012 DA - 2012 Aug 12 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Labor conditions and policy - Work and labor KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Labor conditions and policy - Employment and labor supply KW - United States KW - Unemployment KW - Production KW - Federal reserve system KW - Markets KW - Productivity KW - Accounting KW - Labor KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875236?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Epstein%2C+Brendan&rft.aulast=Epstein&rft.aufirst=Brendan&rft.date=2012-08-12&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Heterogeneous+Workers%2C+Optimal+Job+Seeking%2C+and+Aggregate+Labor+Market+Dynamics&rft.title=Heterogeneous+Workers%2C+Optimal+Job+Seeking%2C+and+Aggregate+Labor+Market+Dynamics&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1053/ifdp1053.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - International Finance Discussion pa. no. 1053 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Consolidation and Merger Activity in the United States Banking Industry from 2000 through 2010 AN - 1315875327; 2011-383586 AB - This study investigates trends in consolidation and merger activity in the US banking industry from 2000 through 2010. Over this period, the US banking industry has consistently experienced over 150 mergers annually, with the largest banking organizations holding an increasing share of banking assets, raising concerns about competition, output, efficiency, and financial stability. While the industry has undergone considerable consolidation at the national level, local banking markets have not experienced significant increases in concentration. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Aug 8 2012, 33 pp. AU - Adams, Robert M Y1 - 2012/08/08/ PY - 2012 DA - 2012 Aug 08 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Banking operations and services KW - Manufacturing and heavy industry - Industry and industrial policy KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - United States KW - Assets KW - Federal reserve system KW - Markets KW - Banking KW - Competition KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875327?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Coulibaly%2C+Brahima&rft.aulast=Coulibaly&rft.aufirst=Brahima&rft.date=2012-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+Policy+in+Emerging+Market+Economies%3A+What+Lessons+from+the+Global+Financial+Crisis%3F&rft.title=Monetary+Policy+in+Emerging+Market+Economies%3A+What+Lessons+from+the+Global+Financial+Crisis%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201251/201251pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-51 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Effect of Self-Reported Transitory Income Shocks on Household Spending AN - 1738474598; 2011-383574 AB - Uses repeated cross-sections of the Survey of Consumer Finances (SCF) to study the effect of self-reported transitory income shocks on household food spending. The self-reported shocks in the SCF are derived from survey questions about the gap between actual and "normal" income, rather that from the residuals of estimated earnings or income equations. Engel Curve analysis shows a significant relationship between self-reported income shocks and household food spending, though the estimated spending responses are only a small part of the substantial slowdown in the growth rate of food consumption observed during the recent economic downturn. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 2012, 34 pp. AU - Sabelhaus, John AU - Ackerman, Samuel Y1 - 2012/08// PY - 2012 DA - August 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Accounting KW - Population groups, population policy, and demographics - Demography and census KW - Health conditions and policy - Food and nutrition KW - Education and education policy - Statistics, research, research methods, and research support KW - Economic conditions and policy - Economic policy, planning, and development KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Consumers and consumption KW - Food consumption KW - Food KW - Households KW - Surveys KW - Consumers KW - Federal reserve system KW - Economic conditions KW - Economic stabilization KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474598?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Sabelhaus%2C+John%3BAckerman%2C+Samuel&rft.aulast=Sabelhaus&rft.aufirst=John&rft.date=2012-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Effect+of+Self-Reported+Transitory+Income+Shocks+on+Household+Spending&rft.title=The+Effect+of+Self-Reported+Transitory+Income+Shocks+on+Household+Spending&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201264/201264pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-64 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Financial Intermediation, Investment Dynamics and Business Cycle Fluctuations AN - 1738474372; 2011-383571 AB - Uses micro data to quantify key features of US firm financing. This paper establishes that a substantial 35% of firms' investment is funded using financial markets and then constructs a dynamic equilibrium model that matches these features and fits the model to business cycle data using Bayesian methods. In the model, stylized banks enable trades of financial assets, directing funds towards investment opportunities and charging an intermediation spread to cover their costs. According to the model estimation, exogenous shocks to the intermediation spread explain 35% of GDP and 60% of investment volatility. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 2012, 55 pp. AU - Ajello, Andrea Y1 - 2012/08// PY - 2012 DA - August 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Investments and securities KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Economic theory KW - Cost KW - United States KW - Investments KW - Assets KW - Federal reserve system KW - Banking KW - Markets KW - Business cycles KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474372?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.atitle=Unbiased+Estimation+of+Dynamic+Term+Structure+Models&rft.au=Bauer%2C+Michael%3BRudebusch%2C+Glenn%3BWu%2C+Jing&rft.aulast=Bauer&rft.aufirst=Michael&rft.date=2012-01-06&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201267/201267pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-67 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Financial Intermediation, Investment Dynamics and Business Cycle Fluctuations AN - 1315875465; 2011-383571 AB - Uses micro data to quantify key features of US firm financing. This paper establishes that a substantial 35% of firms' investment is funded using financial markets and then constructs a dynamic equilibrium model that matches these features and fits the model to business cycle data using Bayesian methods. In the model, stylized banks enable trades of financial assets, directing funds towards investment opportunities and charging an intermediation spread to cover their costs. According to the model estimation, exogenous shocks to the intermediation spread explain 35% of GDP and 60% of investment volatility. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Aug 2012, 55 pp. AU - Ajello, Andrea Y1 - 2012/08// PY - 2012 DA - August 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Investments and securities KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Economic theory KW - Cost KW - United States KW - Investments KW - Assets KW - Federal reserve system KW - Banking KW - Markets KW - Business cycles KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875465?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ajello%2C+Andrea&rft.aulast=Ajello&rft.aufirst=Andrea&rft.date=2012-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Financial+Intermediation%2C+Investment+Dynamics+and+Business+Cycle+Fluctuations&rft.title=Financial+Intermediation%2C+Investment+Dynamics+and+Business+Cycle+Fluctuations&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201267/201267pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-67 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Federal Reserve's Balance Sheet: A Primer and Projections AN - 1315874706; 2011-383581 AB - Over the past few years, the Federal Reserve's use of unconventional monetary policy tools has led it to hold a large portfolio of securities. The securities holdings in excess of historical norms have been shown to be putting downward pressure on longer-term interest rates. One question asked is how long this unusual amount of monetary policy accommodation will be in place. This paper provides projections of the evolution of the Federal Reserve's balance sheet that are consistent with public economic forecasts and announced Federal Open Market Committee policy principles to help answer this question. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Aug 2012, 33 pp. AU - Carpenter, Seth B AU - Ihrig, Jane E AU - Klee, Elizabeth C AU - Boote, Alexander H AU - Quinn, Daniel W Y1 - 2012/08// PY - 2012 DA - August 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Accounting KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Credit, loans, and personal finance KW - Interest rates KW - Balance sheets KW - Federal reserve system KW - Markets KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315874706?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.atitle=Complex+Mortgages&rft.au=Amromin%2C+Gene%3BHuang%2C+Jennifer%3BSialm%2C+Clemens%3BZhong%2C+Edward&rft.aulast=Amromin&rft.aufirst=Gene&rft.date=2012-01-06&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201256/201256pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-56 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Information Frictions and Housing Market Dynamics AN - 1738474364; 2011-383589 AB - This paper examines the effects of seller uncertainty over their home value on the housing market. Using evidence from a new dataset on home listings and transactions, it first shows that sellers do not have full information about current period demand conditions for their homes. This type of uncertainty is incorporated into a dynamic search model of the home selling problem with Bayesian learning. Simulations of the estimated model show that information frictions help explain short-run persistence in price appreciation rates and a positive (negative) correlation between price changes and sales volume (time on market). Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jul 18 2012, 40 pp. AU - Anenberg, Elliot Y1 - 2012/07/18/ PY - 2012 DA - 2012 Jul 18 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Business finance KW - Social conditions and policy - Housing KW - Sales KW - Housing KW - Prices KW - Federal reserve system KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474364?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Anenberg%2C+Elliot&rft.aulast=Anenberg&rft.aufirst=Elliot&rft.date=2012-07-18&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Information+Frictions+and+Housing+Market+Dynamics&rft.title=Information+Frictions+and+Housing+Market+Dynamics&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201248/201248pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-48 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Information Frictions and Housing Market Dynamics AN - 1315875350; 2011-383589 AB - This paper examines the effects of seller uncertainty over their home value on the housing market. Using evidence from a new dataset on home listings and transactions, it first shows that sellers do not have full information about current period demand conditions for their homes. This type of uncertainty is incorporated into a dynamic search model of the home selling problem with Bayesian learning. Simulations of the estimated model show that information frictions help explain short-run persistence in price appreciation rates and a positive (negative) correlation between price changes and sales volume (time on market). Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Jul 18 2012, 40 pp. AU - Anenberg, Elliot Y1 - 2012/07/18/ PY - 2012 DA - 2012 Jul 18 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Business finance KW - Social conditions and policy - Housing KW - Sales KW - Housing KW - Prices KW - Federal reserve system KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875350?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Anenberg%2C+Elliot&rft.aulast=Anenberg&rft.aufirst=Elliot&rft.date=2012-07-18&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Pricing+Deflation+Risk+with+U.S.+Treasury+Yields&rft.title=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201248/201248pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-48 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Minimum Balance at Risk: A Proposal to Mitigate the Systemic Risks Posed by Money Market Funds AN - 1738473528; 2011-383590 AB - This paper introduces a proposal for money market fund (MMF) reform that could mitigate systemic risks arising from these funds by protecting shareholders, such as retail investors, who do not redeem quickly from distressed funds. The proposal would require that a small fraction of each MMF investor's recent balances, called the "minimum balance at risk" (MBR), be demarcated to absorb losses if the fund is liquidated. A key feature of the proposal is that large redemptions would subordinate a portion of an investor's MBR, creating a disincentive to redeem if the fund is likely to have losses. Tables, References. JF - Board of Governors of the Federal Reserve System, Jul 7 2012, 77 pp. AU - McCabe, Patrick E AU - Cipriani, Marco AU - Holscher, Michael AU - Martin, Antoine Y1 - 2012/07/07/ PY - 2012 DA - 2012 Jul 07 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Risk KW - Investors KW - Federal reserve system KW - Money market KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473528?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=McCabe%2C+Patrick+E%3BCipriani%2C+Marco%3BHolscher%2C+Michael%3BMartin%2C+Antoine&rft.aulast=McCabe&rft.aufirst=Patrick&rft.date=2012-07-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Minimum+Balance+at+Risk%3A+A+Proposal+to+Mitigate+the+Systemic+Risks+Posed+by+Money+Market+Funds&rft.title=The+Minimum+Balance+at+Risk%3A+A+Proposal+to+Mitigate+the+Systemic+Risks+Posed+by+Money+Market+Funds&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201247/201247pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-47 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Other, Other Half: Changes in the Finances of the Least Wealthy 50 Percent, 2007-2009 AN - 1738474428; 2011-383597 AB - In discussions of household wealth, it is not surprising that discussion often tends to focus on the upper half of the wealth distribution: According to the 2007 Survey of Consumer Finances (SCF), that group held 97.5% of all directly owned household wealth. This paper investigates the wealth dynamics of the lower half of the distribution using data from the 2007-2009 SCF panel to examine the degree of distributional mobility among this group, the demographic characteristics associated with such change, and the role of initial portfolio allocation. Tables. JF - Board of Governors of the Federal Reserve System, Jun 11 2012, 23 pp. AU - Kennickell, Arthur B Y1 - 2012/06/11/ PY - 2012 DA - 2012 Jun 11 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Economic conditions and policy - Property and wealth KW - Population groups, population policy, and demographics - Demography and census KW - Economic conditions and policy - Consumers and consumption KW - Education and education policy - Statistics, research, research methods, and research support KW - Economic conditions and policy - Economic conditions KW - Households KW - Surveys KW - Wealth KW - Consumers KW - Wealth distribution KW - Federal reserve system KW - Demographics KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474428?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kennickell%2C+Arthur+B&rft.aulast=Kennickell&rft.aufirst=Arthur&rft.date=2012-06-11&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Other%2C+Other+Half%3A+Changes+in+the+Finances+of+the+Least+Wealthy+50+Percent%2C+2007-2009&rft.title=The+Other%2C+Other+Half%3A+Changes+in+the+Finances+of+the+Least+Wealthy+50+Percent%2C+2007-2009&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201240/201240pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-40 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Federal Home Loan Bank advances and commercial bank portfolio composition AN - 1031279666; 4317874 AB - Federal Home Loan Bank (FHLB) advances are a source of government-sponsored liquidity intended to encourage housing finance, although "community financial institutions" may use such funds more generally. Because money is fungible, it is an empirical question as to how advances are actually employed. Using panel-vector autoregression techniques, we estimate dynamic responses of U.S. commercial bank portfolios to: FHLB advance shocks, bank lending shocks, and macroeconomic shocks. We find that FHLB advances: (i) are used as a general source of liquidity by U.S. commercial banks of all sizes and (ii) dampen the sensitivity of mortgage lending to macroeconomic shocks at small banks. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Hancock, Diana AU - Passmore, Wayne AU - Frame, W Scott AD - Federal Reserve System, Washington ; Federal Reserve Bank of Atlanta Y1 - 2012/06// PY - 2012 DA - Jun 2012 SP - 661 EP - 684 VL - 44 IS - 4 SN - 0022-2879, 0022-2879 KW - Economics KW - Federal Home Loan Bank advances KW - Liquidity KW - Bank loans KW - Economic shock KW - Commercial banks KW - Banks KW - U.S.A. KW - Banking KW - Portfolio analysis KW - Vector-autoregressive models KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1031279666?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Federal+Home+Loan+Bank+advances+and+commercial+bank+portfolio+composition&rft.au=Hancock%2C+Diana%3BPassmore%2C+Wayne%3BFrame%2C+W+Scott&rft.aulast=Hancock&rft.aufirst=Diana&rft.date=2012-06-01&rft.volume=44&rft.issue=4&rft.spage=661&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2012.00505.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1470 1477 4930 6590 4908; 1477 4930 6590; 1457 7487 4577 3872 554 971 1460 1477 4930 6590; 2526 1477 4930 6590; 7446; 13258 3864 8163 10739 12228 10919; 9889 4913 3883 971; 4002 3980 9965; 8299; 433 293 14 DO - http://dx.doi.org/10.1111/j.1538-4616.2012.00505.x ER - TY - JOUR T1 - GSE activity and mortgage supply in lower-income and minority neighborhoods: the effect of the affordable housing goals AN - 1027675456; 4317453 AB - I estimate the credit supply effect of the Underserved Areas Goal (UAG), which establishes GSE purchase goals for mortgages to lower-income and minority neighborhoods. Taking advantage of discontinuous census tract eligibility rules and abrupt changes in tract eligibility, I find some evidence of a small UAG effect on GSE purchases and mortgage originations, without crowding-out of FHA and subprime lending. The results also suggest that the GSEs exploit the law's lack of precision-targeting, yielding effects that might diverge from the law's intent. Reprinted by permission of Springer JF - Journal of real estate finance and economics AU - Bhutta, Neil AD - Board of Governors of the Federal Reserve System Y1 - 2012/06// PY - 2012 DA - Jun 2012 SP - 238 EP - 261 VL - 45 IS - 1 SN - 0895-5638, 0895-5638 KW - Economics KW - GSE KW - Affordable housing KW - Minorities KW - Government programmes KW - Housing prices KW - Neighbourhoods KW - Low income KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1027675456?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+real+estate+finance+and+economics&rft.atitle=GSE+activity+and+mortgage+supply+in+lower-income+and+minority+neighborhoods%3A+the+effect+of+the+affordable+housing+goals&rft.au=Bhutta%2C+Neil&rft.aulast=Bhutta&rft.aufirst=Neil&rft.date=2012-06-01&rft.volume=45&rft.issue=1&rft.spage=238&rft.isbn=&rft.btitle=&rft.title=Journal+of+real+estate+finance+and+economics&rft.issn=08955638&rft_id=info:doi/10.1007%2Fs11146-010-9258-z LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8299; 7553 6271; 8122; 8607; 6065 10107; 5576 5574 10472 DO - http://dx.doi.org/10.1007/s11146-010-9258-z ER - TY - BOOK T1 - The Prolonged Resolution of Troubled Real Estate Lenders during the 1930s AN - 1738473570; 2011-383605 AB - This paper studies how building and loan associations (B&Ls) slowly unwound their obligations following a set of financial shocks during the Great Depression, with a special focus on a group of particularly troubled B&Ls in Newark, NJ. A market-based resolution mechanism developed in the form of a secondary market for B&L liabilities, but liability holders barred from withdrawal incurred large losses while liquidating their investments on this market. At the same time, B&Ls used the market to avoid realizing some losses by exchanging foreclosed real estate for their second-hand share liabilities. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, May 8 2012, 48 pp. AU - Rose, Jonathan D Y1 - 2012/05/08/ PY - 2012 DA - 2012 May 08 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Law and ethics - Liability, torts, and personal injury KW - Business and service sector - Real estate business KW - Banking and public and private finance - Investments and securities KW - Social conditions and policy - Associations and meetings KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic policy, planning, and development KW - Investments KW - Loans KW - Free enterprise KW - Associations KW - Real estate business KW - Federal reserve system KW - Liability KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473570?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rose%2C+Jonathan+D&rft.aulast=Rose&rft.aufirst=Jonathan&rft.date=2012-05-08&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Prolonged+Resolution+of+Troubled+Real+Estate+Lenders+during+the+1930s&rft.title=The+Prolonged+Resolution+of+Troubled+Real+Estate+Lenders+during+the+1930s&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201231/201231pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-31 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Response of Capital Goods Shipments to Demand over the Business Cycle AN - 1738473512; 2011-383606 AB - This paper studies the behavior of producers of capital goods, examining how they set shipments in response to fluctuations in new orders. The paper establishes a stylized fact: the response of shipments to orders is more pronounced when the level of new orders is low relative to the level of shipments, usually after orders plunge in recessions. This cyclical change in firm behavior is quantitatively important, accounting for a large portion of the steep decline in equipment investment in the 2001 and 2007-2009 recessions. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, May 7 2012, 21 pp. AU - Nalewaik, Jeremy J AU - Pinto, Eugenio P Y1 - 2012/05/07/ PY - 2012 DA - 2012 May 07 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Accounting KW - Investments KW - Capital KW - Federal reserve system KW - Business cycles KW - Economic conditions KW - Accounting KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473512?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nalewaik%2C+Jeremy+J%3BPinto%2C+Eugenio+P&rft.aulast=Nalewaik&rft.aufirst=Jeremy&rft.date=2012-05-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Response+of+Capital+Goods+Shipments+to+Demand+over+the+Business+Cycle&rft.title=The+Response+of+Capital+Goods+Shipments+to+Demand+over+the+Business+Cycle&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201230/201230pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-30 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The Impact Of Long-Term Participation In The Supplemental Nutrition Assistance Program On Child Obesity AN - 1023096520; 201218060 AB - Participation in the Supplemental Nutrition Assistance Program (SNAP) reached an all-time high of 40.2 million persons in March 2010, which means the program affects a substantial fraction of Americans. A significant body of research has emerged suggesting that participation in SNAP increases the probability of being obese for adult women and has little effect on the probability for adult men. However, studies addressing the effects of participation on children have produced mixed results. This paper examines the effect of long-term SNAP participation on the Body Mass Index (BMI) percentile and probability of being overweight or obese for children ages 5-18 using data from the National Longitudinal Survey of Youth 1979 Children and Young Adults data set. An instrumental variables identification strategy that exploits exogenous variation in state-level program parameters, as well as state and federal expansions of the Earned Income Tax Credit (EITC), is used to address the endogeneity between SNAP participation and obesity. SNAP participation is found to significantly reduce BMI percentile and the probability of being overweight or obese for boys and girls ages 5-11 and boys ages 12-18. For girls ages 12-18, SNAP participation appears to have no significant effect on these outcomes. [Copyright John Wiley and Sons, Ltd.] JF - Health Economics AU - Schmeiser, Maximilian D AD - Board of Governors of the Federal Reserve System, Washington, DC 20551, USA max.schmeiser@frb.gov Y1 - 2012/04// PY - 2012 DA - April 2012 SP - 386 EP - 404 PB - John Wiley, Chichester UK VL - 21 IS - 4 SN - 1057-9230, 1057-9230 KW - child obesity, food stamps, supplemental nutrition assistance, BMI KW - Obesity KW - Young people KW - Body Mass Index KW - Children KW - Obese children KW - Nutrition KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1023096520?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aassia&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Health+Economics&rft.atitle=The+Impact+Of+Long-Term+Participation+In+The+Supplemental+Nutrition+Assistance+Program+On+Child+Obesity&rft.au=Schmeiser%2C+Maximilian+D&rft.aulast=Schmeiser&rft.aufirst=Maximilian&rft.date=2012-04-01&rft.volume=21&rft.issue=4&rft.spage=386&rft.isbn=&rft.btitle=&rft.title=Health+Economics&rft.issn=10579230&rft_id=info:doi/10.1002%2Fhec.1714 LA - English DB - Applied Social Sciences Index & Abstracts (ASSIA) N1 - Date revised - 2012-07-01 N1 - Last updated - 2016-09-27 N1 - CODEN - HEECEZ N1 - SubjectsTermNotLitGenreText - Obesity; Body Mass Index; Young people; Obese children; Nutrition; Children DO - http://dx.doi.org/10.1002/hec.1714 ER - TY - BOOK T1 - The Government-Sponsored Enterprises and the Mortgage Crisis: The Role of the Affordable Housing Goals AN - 1738474445; 2011-383611 AB - The US mortgage crisis that began in 2007 generated questions about the role played by Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSEs), in its causes. Some have claimed that the Affordable Housing Goals (AHGs), introduced by Congress through the GSE Act of 1992, and the resulting purchases of single-family mortgages the GSEs made to meet those goals, drove lending to high-risk borrowers. This study measures the effect of one of the goals, the Underserved Areas Goal (UAG), on the number of whole single-family mortgages purchased by the GSEs in targeted census tracts from 1996 to 2002. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 22 2012, 32 pp. AU - Bolotnyy, Valentin Y1 - 2012/03/22/ PY - 2012 DA - 2012 Mar 22 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Social conditions and policy - Housing KW - Population groups, population policy, and demographics - Demography and census KW - United States KW - Housing KW - Census KW - Federal reserve system KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474445?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bolotnyy%2C+Valentin&rft.aulast=Bolotnyy&rft.aufirst=Valentin&rft.date=2012-03-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Government-Sponsored+Enterprises+and+the+Mortgage+Crisis%3A+The+Role+of+the+Affordable+Housing+Goals&rft.title=The+Government-Sponsored+Enterprises+and+the+Mortgage+Crisis%3A+The+Role+of+the+Affordable+Housing+Goals&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201225/201225pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-25 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - How Does Social Security Claiming Respond to Incentives? Considering Husbands' and Wives' Benefits Separately AN - 1738474367; 2011-383617 AB - A majority of women receive most of their Social Security benefits based upon their husbands' earnings history, but previous research has shown that husbands' benefit claiming is inconsistent with maximizing lifetime benefits for the couple. That research assumes husbands choose their claim age based on all Social Security incentives facing the household. It shows that husbands' claiming behavior responds to the actuarial incentives built into their own retired worker benefit formula, but not the incentives built into the spouse and survivor formulas that determine their wives' benefit, including lifetime benefits. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 14 2012, 38 pp. AU - Henriques, Alice M Y1 - 2012/03/14/ PY - 2012 DA - 2012 Mar 14 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Population groups, population policy, and demographics - Men KW - Social conditions and policy - Social policy and social development KW - Population groups, population policy, and demographics - Women KW - Social conditions and policy - Social sciences and social scientists KW - Social conditions and policy - History KW - Population groups, population policy, and demographics - Demography and census KW - Husbands KW - Wives KW - History KW - Households KW - Women KW - Federal reserve system KW - Benefits KW - Social insurance KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474367?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Henriques%2C+Alice+M&rft.aulast=Henriques&rft.aufirst=Alice&rft.date=2012-03-14&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=How+Does+Social+Security+Claiming+Respond+to+Incentives%3F+Considering+Husbands%27+and+Wives%27+Benefits+Separately&rft.title=How+Does+Social+Security+Claiming+Respond+to+Incentives%3F+Considering+Husbands%27+and+Wives%27+Benefits+Separately&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201219/201219pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-19 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - How Does Social Security Claiming Respond to Incentives? Considering Husbands' and Wives' Benefits Separately AN - 1315875836; 2011-383617 AB - A majority of women receive most of their Social Security benefits based upon their husbands' earnings history, but previous research has shown that husbands' benefit claiming is inconsistent with maximizing lifetime benefits for the couple. That research assumes husbands choose their claim age based on all Social Security incentives facing the household. It shows that husbands' claiming behavior responds to the actuarial incentives built into their own retired worker benefit formula, but not the incentives built into the spouse and survivor formulas that determine their wives' benefit, including lifetime benefits. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Mar 14 2012, 38 pp. AU - Henriques, Alice M Y1 - 2012/03/14/ PY - 2012 DA - 2012 Mar 14 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Population groups, population policy, and demographics - Men KW - Social conditions and policy - Social policy and social development KW - Population groups, population policy, and demographics - Women KW - Social conditions and policy - Social sciences and social scientists KW - Social conditions and policy - History KW - Population groups, population policy, and demographics - Demography and census KW - Husbands KW - Wives KW - History KW - Households KW - Women KW - Federal reserve system KW - Benefits KW - Social insurance KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875836?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Henriques%2C+Alice+M&rft.aulast=Henriques&rft.aufirst=Alice&rft.date=2012-03-14&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=How+Does+Social+Security+Claiming+Respond+to+Incentives%3F+Considering+Husbands%27+and+Wives%27+Benefits+Separately&rft.title=How+Does+Social+Security+Claiming+Respond+to+Incentives%3F+Considering+Husbands%27+and+Wives%27+Benefits+Separately&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201219/201219pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-19 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Is the Consumer Expenditure Survey Representative by Income? AN - 1738473496; 2011-383601 AB - Aggregate under-reporting of household spending in the Consumer Expenditure Survey (CE) can result from two fundamental types of measurement errors: higher-income households (who presumably spend more than average) are under-represented in the CE estimation sample, or there is systematic under-reporting of spending by at least some CE survey respondents. Using a new data set linking CE units to zip-code level average Adjusted Gross Income (AGI), this study shows that the very highest-income households are less likely to respond to the survey when they are sampled, but unit non-response rates are not associated with income over most of the income distribution. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 13 2012, 27 pp. AU - Sabelhaus, John AU - Johnson, David AU - Ash, Stephen AU - Garner, Thesia AU - Greenlees, John AU - Henderson, Steve AU - Swanson, David Y1 - 2012/03/13/ PY - 2012 DA - 2012 Mar 13 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Population groups, population policy, and demographics - Demography and census KW - Business and service sector - Accounting KW - Economic conditions and policy - Consumers and consumption KW - Economic conditions and policy - Economic conditions KW - Science and technology policy - Mathematics KW - Measurement KW - Appropriations and expenditures KW - Households KW - Surveys KW - Income distribution KW - Consumers KW - Federal reserve system KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473496?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Sabelhaus%2C+John%3BJohnson%2C+David%3BAsh%2C+Stephen%3BGarner%2C+Thesia%3BGreenlees%2C+John%3BHenderson%2C+Steve%3BSwanson%2C+David&rft.aulast=Sabelhaus&rft.aufirst=John&rft.date=2012-03-13&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Is+the+Consumer+Expenditure+Survey+Representative+by+Income%3F&rft.title=Is+the+Consumer+Expenditure+Survey+Representative+by+Income%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201236/201236pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-36 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Is the Consumer Expenditure Survey Representative by Income? AN - 1315875609; 2011-383601 AB - Aggregate under-reporting of household spending in the Consumer Expenditure Survey (CE) can result from two fundamental types of measurement errors: higher-income households (who presumably spend more than average) are under-represented in the CE estimation sample, or there is systematic under-reporting of spending by at least some CE survey respondents. Using a new data set linking CE units to zip-code level average Adjusted Gross Income (AGI), this study shows that the very highest-income households are less likely to respond to the survey when they are sampled, but unit non-response rates are not associated with income over most of the income distribution. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Mar 13 2012, 27 pp. AU - Sabelhaus, John AU - Johnson, David AU - Ash, Stephen AU - Garner, Thesia AU - Greenlees, John AU - Henderson, Steve AU - Swanson, David Y1 - 2012/03/13/ PY - 2012 DA - 2012 Mar 13 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Population groups, population policy, and demographics - Demography and census KW - Business and service sector - Accounting KW - Economic conditions and policy - Consumers and consumption KW - Economic conditions and policy - Economic conditions KW - Science and technology policy - Mathematics KW - Measurement KW - Appropriations and expenditures KW - Households KW - Surveys KW - Income distribution KW - Consumers KW - Federal reserve system KW - Income KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875609?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Sabelhaus%2C+John%3BJohnson%2C+David%3BAsh%2C+Stephen%3BGarner%2C+Thesia%3BGreenlees%2C+John%3BHenderson%2C+Steve%3BSwanson%2C+David&rft.aulast=Sabelhaus&rft.aufirst=John&rft.date=2012-03-13&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Is+the+Consumer+Expenditure+Survey+Representative+by+Income%3F&rft.title=Is+the+Consumer+Expenditure+Survey+Representative+by+Income%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201236/201236pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-36 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Effect of TARP on Bank Risk-Taking AN - 1738474526; 2011-383641 AB - One of the largest responses of the US government to the recent financial crisis was the Troubled Asset Relief Program (TARP). TARP was originally intended to stabilize the financial sector through the increased capitalization of banks; however, recipients of TARP funds were then encouraged to make additional loans despite increased borrower risk. This paper considers the effect of the TARP capital injections on bank risk taking by analyzing the risk ratings of banks' commercial loan originations during the crisis. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 2012, 33 pp. AU - Black, Lamont AU - Hazelwood, Lieu Y1 - 2012/03// PY - 2012 DA - March 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Business and service sector - Business finance KW - Economic conditions and policy - Economic conditions KW - United States KW - Finance KW - Assets KW - Loans KW - Capital KW - Federal reserve system KW - Economic conditions KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474526?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Black%2C+Lamont%3BHazelwood%2C+Lieu&rft.aulast=Black&rft.aufirst=Lamont&rft.date=2012-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Effect+of+TARP+on+Bank+Risk-Taking&rft.title=The+Effect+of+TARP+on+Bank+Risk-Taking&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1043/ifdp1043.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - International Finance Discussion pa. IFDP 1043 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - When Good Investments Go Bad: The Contraction in Community Bank Lending after the 2008 GSE Takeover AN - 1738474470; 2011-383639 AB - In September 2008, the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac were placed into conservatorship and dividend payments on common and preferred shares were suspended. As a result, share prices fell to nearly zero, and many banks across the country lost the value of their investments in the preferred shares. This study estimates more than 600 depository institutions in the US were exposed to at least 8 billion dollars in investment losses from these securities; and, in addition, fifteen failures and two distressed mergers either directly or indirectly resulted from the takeover. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Mar 2012, 43 pp. AU - Rice, Tara AU - Rose, Jonathan Y1 - 2012/03// PY - 2012 DA - March 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Investments and securities KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Business finance KW - Banking and public and private finance - International banking and finance and financial institutions KW - United States KW - Investments KW - Dividends KW - Prices KW - Federal reserve system KW - Banking KW - Payment KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474470?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rice%2C+Tara%3BRose%2C+Jonathan&rft.aulast=Rice&rft.aufirst=Tara&rft.date=2012-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=When+Good+Investments+Go+Bad%3A+The+Contraction+in+Community+Bank+Lending+after+the+2008+GSE+Takeover&rft.title=When+Good+Investments+Go+Bad%3A+The+Contraction+in+Community+Bank+Lending+after+the+2008+GSE+Takeover&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1045/ifdp1045.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - International Finance Discussion pa. IFDP 1045 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - U.S. International Equity Investment AN - 1738473543; 2011-383640 AB - US investors are the largest group of international equity investors in the world, but to-date conclusive evidence on which types of foreign firms are able to attract US investment is not available. Using a comprehensive dataset of all US investment in foreign equities, this study finds that the single most important determinant of the amount of US investment a foreign firm receives is whether the firm cross-lists on a US exchange. This firm-level analysis has implications for country-level studies, suggesting that research investigating equity investment patterns at the country-level should include cross-listing as an endogenous control variable. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 2012, 62 pp. AU - Ammer, John AU - Holland, Sara B AU - Smith, David C AU - Warnock, Francis E Y1 - 2012/03// PY - 2012 DA - March 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Investments and securities KW - Law and ethics - Ethics KW - United States KW - Investors KW - Foreign investments KW - Federal reserve system KW - Equity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473543?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Ammer%2C+John%3BHolland%2C+Sara+B%3BSmith%2C+David+C%3BWarnock%2C+Francis+E&rft.aulast=Ammer&rft.aufirst=Justin&rft.date=2011-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=A+Concordance+between+Ten-Digit+U.S.+Harmonized+System+Codes+and+SIC%2FNAICS+Product+Classes+and+Industries&rft.title=A+Concordance+between+Ten-Digit+U.S.+Harmonized+System+Codes+and+SIC%2FNAICS+Product+Classes+and+Industries&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1044/ifdp1044.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - International Finance Discussion pa. no. 1044 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Effect of TARP on Bank Risk-Taking AN - 1315875981; 2011-383641 AB - One of the largest responses of the US government to the recent financial crisis was the Troubled Asset Relief Program (TARP). TARP was originally intended to stabilize the financial sector through the increased capitalization of banks; however, recipients of TARP funds were then encouraged to make additional loans despite increased borrower risk. This paper considers the effect of the TARP capital injections on bank risk taking by analyzing the risk ratings of banks' commercial loan originations during the crisis. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Mar 2012, 33 pp. AU - Black, Lamont AU - Hazelwood, Lieu Y1 - 2012/03// PY - 2012 DA - March 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Business and service sector - Business finance KW - Economic conditions and policy - Economic conditions KW - United States KW - Finance KW - Assets KW - Loans KW - Capital KW - Federal reserve system KW - Economic conditions KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875981?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Black%2C+Lamont%3BHazelwood%2C+Lieu&rft.aulast=Black&rft.aufirst=Lamont&rft.date=2012-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Effect+of+TARP+on+Bank+Risk-Taking&rft.title=The+Effect+of+TARP+on+Bank+Risk-Taking&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1043/ifdp1043.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - International Finance Discussion pa. IFDP 1043 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - When Good Investments Go Bad: The Contraction in Community Bank Lending after the 2008 GSE Takeover AN - 1315875947; 2011-383639 AB - In September 2008, the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac were placed into conservatorship and dividend payments on common and preferred shares were suspended. As a result, share prices fell to nearly zero, and many banks across the country lost the value of their investments in the preferred shares. This study estimates more than 600 depository institutions in the US were exposed to at least 8 billion dollars in investment losses from these securities; and, in addition, fifteen failures and two distressed mergers either directly or indirectly resulted from the takeover. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Mar 2012, 43 pp. AU - Rice, Tara AU - Rose, Jonathan Y1 - 2012/03// PY - 2012 DA - March 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Investments and securities KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Business finance KW - Banking and public and private finance - International banking and finance and financial institutions KW - United States KW - Investments KW - Dividends KW - Prices KW - Federal reserve system KW - Banking KW - Payment KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875947?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rice%2C+Tara%3BRose%2C+Jonathan&rft.aulast=Rice&rft.aufirst=Tara&rft.date=2012-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=When+Good+Investments+Go+Bad%3A+The+Contraction+in+Community+Bank+Lending+after+the+2008+GSE+Takeover&rft.title=When+Good+Investments+Go+Bad%3A+The+Contraction+in+Community+Bank+Lending+after+the+2008+GSE+Takeover&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1045/ifdp1045.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - International Finance Discussion pa. IFDP 1045 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Concording U.S. Harmonized System Codes over Time AN - 1125218165; 201239993 AB - Monitoring changes to product classification systems is an important component of a wide range of empirical research. In this article we develop an algorithm for concording periodic-revisions to the ten-digit Harmonized System (HS) codes used by U.S. statistical agencies to categorize international trade since 1989. We use this algorithm to construct the first comprehensive concordance of HS codes over time, and show how this concordance can be extended to incorporate future revisions. We then characterize the extent of HS-code changes since 1989 and discuss how controlling for these revisions is critical for understanding the growth of U.S. trade. Lastly, we highlight the general applicability of the algorithm to other national and international product classification systems. Adapted from the source document. JF - Journal of Official Statistics AU - Pierce, Justin R AU - Schott, Peter K AD - Board of Governors of the Federal Reserve System. 20th and C ST NW. Washington, DC 20551 U.S.A justin.pierce@frb.gov Y1 - 2012/03// PY - 2012 DA - March 2012 SP - 53 EP - 68 PB - Statistics Sweden, Orebro, Sweden VL - 28 IS - 1 SN - 0282-423X, 0282-423X KW - International trade, product classification KW - Trade KW - Algorithms KW - International Trade KW - article KW - 0105: methodology and research technology; statistical methods UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1125218165?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Official+Statistics&rft.atitle=Concording+U.S.+Harmonized+System+Codes+over+Time&rft.au=Pierce%2C+Justin+R%3BSchott%2C+Peter+K&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2012-03-01&rft.volume=28&rft.issue=1&rft.spage=53&rft.isbn=&rft.btitle=&rft.title=Journal+of+Official+Statistics&rft.issn=0282423X&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2012-11-01 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Algorithms; International Trade; Trade ER - TY - BOOK T1 - Examining the Impact of Credit Access on Small Firm Survivability AN - 1738474571; 2011-383624 AB - This paper examines the effects of credit availability on small firm survivability over the period 2004 to 2008 for non-publicly traded small enterprises. Using data from the 2003 Survey of Small Business Finances, this study develops failure prediction models for a sample of small firms that were confirmed to have been in business as of December 2003, with particular attention to the impact of credit constraints. The study finds that credit constrained firms were significantly more likely to go out of business than non constrained firms. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Feb 24 2012, 37 pp. AU - Mach, Traci L AU - Wolken, John D Y1 - 2012/02/24/ PY - 2012 DA - 2012 Feb 24 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Education and education policy - Statistics, research, research methods, and research support KW - Business KW - Credit KW - Surveys KW - Small business KW - Federal reserve system KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474571?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Mach%2C+Traci+L%3BWolken%2C+John+D&rft.aulast=Mach&rft.aufirst=Traci&rft.date=2012-02-24&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Examining+the+Impact+of+Credit+Access+on+Small+Firm+Survivability&rft.title=Examining+the+Impact+of+Credit+Access+on+Small+Firm+Survivability&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201210/201210pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-10 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Analytics of SVARs: A Unified Framework to Measure Fiscal Multipliers AN - 1315875825; 2011-383616 AB - Explores whether fiscal policy stimulates output. Structural vector autoregressions (SVARs) have been used to address this question but no stylized facts have emerged. The results for the US for the period 1947-2006 suggest that the probability of the tax multiplier being larger than the spending multiplier is below 0.5 at all horizons. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Feb 21 2012, 67 pp. AU - Caldara, Dario AU - Kamps, Christophe Y1 - 2012/02/21/ PY - 2012 DA - 2012 Feb 21 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - United States KW - Federal reserve system KW - Fiscal policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875825?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Caldara%2C+Dario%3BKamps%2C+Christophe&rft.aulast=Caldara&rft.aufirst=Dario&rft.date=2012-02-21&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Analytics+of+SVARs%3A+A+Unified+Framework+to+Measure+Fiscal+Multipliers&rft.title=The+Analytics+of+SVARs%3A+A+Unified+Framework+to+Measure+Fiscal+Multipliers&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201220/201220pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-20 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary Policy in Emerging Market Economies: What Lessons from the Global Financial Crisis? AN - 1738473540; 2011-383642 AB - During the 2008-2009 global financial crisis, emerging market economies (EMEs) loosened monetary policy considerably to cushion the shock. In previous crises episodes, by contrast, EMEs generally had to tighten monetary policy to defend the value of their currencies, to contain capital flight, and to bolster policy credibility. This study aims to understand the factors that enabled this remarkable shift in monetary policy, and also to assess whether this marks a new era in which EMEs can now conduct countercyclical policy, more in line with advanced economies. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Feb 2012, 29 pp. AU - Coulibaly, Brahima Y1 - 2012/02// PY - 2012 DA - February 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Economic conditions and policy - Property and wealth KW - Finance KW - Capital KW - Federal reserve system KW - Economic conditions KW - Developing countries KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473540?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Coulibaly%2C+Brahima&rft.aulast=Coulibaly&rft.aufirst=Brahima&rft.date=2012-02-01&rft.volume=35&rft.issue=10&rft.spage=1652&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2011.03.011 L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1042/ifdp1042.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - International Finance Discussion pa. no. 1042 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary Policy in Emerging Market Economies: What Lessons from the Global Financial Crisis? AN - 1315875989; 2011-383642 AB - During the 2008-2009 global financial crisis, emerging market economies (EMEs) loosened monetary policy considerably to cushion the shock. In previous crises episodes, by contrast, EMEs generally had to tighten monetary policy to defend the value of their currencies, to contain capital flight, and to bolster policy credibility. This study aims to understand the factors that enabled this remarkable shift in monetary policy, and also to assess whether this marks a new era in which EMEs can now conduct countercyclical policy, more in line with advanced economies. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Feb 2012, 29 pp. AU - Coulibaly, Brahima Y1 - 2012/02// PY - 2012 DA - February 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Economic conditions and policy - Property and wealth KW - Finance KW - Capital KW - Federal reserve system KW - Economic conditions KW - Developing countries KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875989?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Coulibaly%2C+Brahima&rft.aulast=Coulibaly&rft.aufirst=Brahima&rft.date=2012-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+Policy+in+Emerging+Market+Economies%3A+What+Lessons+from+the+Global+Financial+Crisis%3F&rft.title=Monetary+Policy+in+Emerging+Market+Economies%3A+What+Lessons+from+the+Global+Financial+Crisis%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2012/1042/ifdp1042.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - International Finance Discussion pa. no. 1042 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Evolving macroeconomic perceptions and the term structure of interest rates AN - 1082141454; 4342309 AB - We explore the role of evolving beliefs regarding the structure of the macroeconomy in improving our understanding of the term structure of interest rates within the context of a simple macro-finance model. Using quarterly vintages of real-time data and survey forecasts for the United States over the past 40 years, we show that a recursively estimated VAR on real GDP growth, inflation and the nominal short-term interest rate generates predictions that are more consistent with survey forecasts than a benchmark fixed-coefficient counterpart. We then estimate a simple term structure model under the assumption that investor risk attitude is driven by near-term expectations of the three state variables. When we allow for evolving beliefs about the macroeconomy, the resulting term structure model provides a better fit to the cross section of yields than the benchmark model, especially at longer maturities, and exhibits better performance in out-of-sample predictions of future yield movements. All rights reserved, Elsevier JF - Journal of economic dynamics and control AU - Orphanides, A AU - Wei, M AD - Federal Reserve System, Washington DC Y1 - 2012/02// PY - 2012 DA - Feb 2012 SP - 239 EP - 254 VL - 36 IS - 2 SN - 0165-1889, 0165-1889 KW - Economics KW - Term structure KW - Interest rates KW - Inflation KW - Macroeconomics KW - Benchmarking KW - Gross domestic product KW - U.S.A. KW - Vector-autoregressive models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1082141454?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=Evolving+macroeconomic+perceptions+and+the+term+structure+of+interest+rates&rft.au=Orphanides%2C+A%3BWei%2C+M&rft.aulast=Orphanides&rft.aufirst=A&rft.date=2012-02-01&rft.volume=36&rft.issue=2&rft.spage=239&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2011.08.011 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6637 6632; 7585 4025; 13258 3864 8163 10739 12228 10919; 5627 8503 10242 3872 554 971; 6500 8206 7585 4025; 1551; 12672 6637 6632; 433 293 14 DO - http://dx.doi.org/10.1016/j.jedc.2011.08.011 ER - TY - JOUR T1 - The Taylor rule and forecast intervals for exchange rates AN - 1010661990; 4289438 AB - In this paper, we examine the Meese-Rogoff puzzle from a different perspective: out-of-sample interval forecasting. While most studies in the literature focus on point forecasts, we apply semiparametric interval forecasting to a group of exchange rate models. Forecast intervals for ten OECD exchange rates are generated and the performance of the empirical exchange rate models are compared with the random walk. Our contribution is twofold. First, we find that in general, exchange rate models generate tighter forecast intervals than the random walk, given that their intervals cover out-of-sample exchange rate realizations equally well. Our results suggest a connection between exchange rates and economic fundamentals: economic variables contain information useful in forecasting distributions of exchange rates. We also find that the benchmark Taylor rule model performs better than the monetary, PPP and forward premium models, and its advantages are more pronounced at longer horizons. Second, the bootstrap inference framework proposed in this paper for forecast interval evaluation can be applied in a broader context, such as inflation forecasting. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Wu, Jason J AU - Wang, Jian AD - Federal Reserve System ; Federal Reserve Bank of Dallas Y1 - 2012/02// PY - 2012 DA - Feb 2012 SP - 103 EP - 144 VL - 44 IS - 1 SN - 0022-2879, 0022-2879 KW - Economics KW - Meese-Rogoff puzzle KW - Bootstrap mechanism KW - OECD KW - Inflation KW - Forecasting techniques KW - Exchange rates KW - Taylor rule UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1010661990?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=The+Taylor+rule+and+forecast+intervals+for+exchange+rates&rft.au=Wu%2C+Jason+J%3BWang%2C+Jian&rft.aulast=Wu&rft.aufirst=Jason&rft.date=2012-02-01&rft.volume=44&rft.issue=1&rft.spage=103&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2011.00470.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 12580; 4587; 8813 6772 9030; 1708 11255 12228 10919; 6500 8206 7585 4025; 5162 DO - http://dx.doi.org/10.1111/j.1538-4616.2011.00470.x ER - TY - JOUR T1 - Estimating probabilities of recession in real time using GDP and GDI AN - 1010653811; 4289443 AB - This work estimates Markov switching models on real-time data and shows that the growth rate of gross domestic income (GDI), deflated by the gross domestic product (GDP) deflator, has done a better job recognizing the start of recessions than has the growth rate of real GDP. This result suggests that placing an increased focus on GDI may be useful in assessing the current state of the economy. In addition, the paper shows that the definition of a low-growth phase in the Markov switching models changed considerably from 1978 to 2005. The models increasingly came to define this phase as an extended period of around zero rather than negative growth, diverging somewhat from the traditional definition of a recession. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Nalewaik, Jeremy J AD - Federal Reserve System Y1 - 2012/02// PY - 2012 DA - Feb 2012 SP - 235 EP - 253 VL - 44 IS - 1 SN - 0022-2879, 0022-2879 KW - Economics KW - Estimation KW - Gross domestic product KW - Recession KW - Economic conditions KW - Business cycles KW - Markovian processes KW - Income UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1010653811?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Estimating+probabilities+of+recession+in+real+time+using+GDP+and+GDI&rft.au=Nalewaik%2C+Jeremy+J&rft.aulast=Nalewaik&rft.aufirst=Jeremy&rft.date=2012-02-01&rft.volume=44&rft.issue=1&rft.spage=235&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2011.00475.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4403 7854; 1850; 10651 1850; 5627 8503 10242 3872 554 971; 6271; 3898; 7747 12265 3865 4025 10214 12224 971 12228 10919 DO - http://dx.doi.org/10.1111/j.1538-4616.2011.00475.x ER - TY - CPAPER T1 - Unbiased Estimation of Dynamic Term Structure Models T2 - 2012 Allied Social Sciences Association Annual Meeting AN - 1313093492; 6126944 JF - 2012 Allied Social Sciences Association Annual Meeting AU - Bauer, Michael AU - Rudebusch, Glenn AU - Wu, Jing Y1 - 2012/01/06/ PY - 2012 DA - 2012 Jan 06 KW - Models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1313093492?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.atitle=Unbiased+Estimation+of+Dynamic+Term+Structure+Models&rft.au=Bauer%2C+Michael%3BRudebusch%2C+Glenn%3BWu%2C+Jing&rft.aulast=Bauer&rft.aufirst=Michael&rft.date=2012-01-06&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/2012conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2013-02-26 N1 - Last updated - 2013-02-28 ER - TY - CPAPER T1 - Complex Mortgages T2 - 2012 Allied Social Sciences Association Annual Meeting AN - 1313089590; 6128490 JF - 2012 Allied Social Sciences Association Annual Meeting AU - Amromin, Gene AU - Huang, Jennifer AU - Sialm, Clemens AU - Zhong, Edward Y1 - 2012/01/06/ PY - 2012 DA - 2012 Jan 06 KW - Loans UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1313089590?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.atitle=Complex+Mortgages&rft.au=Amromin%2C+Gene%3BHuang%2C+Jennifer%3BSialm%2C+Clemens%3BZhong%2C+Edward&rft.aulast=Amromin&rft.aufirst=Gene&rft.date=2012-01-06&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/2012conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2013-02-26 N1 - Last updated - 2013-02-28 ER - TY - CPAPER T1 - Caught between Scylla and Charybdis? Regulating Bank Leverage When There is Rent Seeking and Risk Shifting T2 - 2012 Allied Social Sciences Association Annual Meeting AN - 1313045611; 6127405 JF - 2012 Allied Social Sciences Association Annual Meeting AU - Mehran, Hamid AU - Acharya, Viral AU - Thakor, Anjan Y1 - 2012/01/06/ PY - 2012 DA - 2012 Jan 06 KW - Rental KW - Charybdis KW - Scylla UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1313045611?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.atitle=Caught+between+Scylla+and+Charybdis%3F+Regulating+Bank+Leverage+When+There+is+Rent+Seeking+and+Risk+Shifting&rft.au=Mehran%2C+Hamid%3BAcharya%2C+Viral%3BThakor%2C+Anjan&rft.aulast=Mehran&rft.aufirst=Hamid&rft.date=2012-01-06&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/2012conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2013-02-26 N1 - Last updated - 2013-02-28 ER - TY - CPAPER T1 - Pricing Deflation Risk with U.S. Treasury Yields T2 - 2012 Allied Social Sciences Association Annual Meeting AN - 1313021346; 6127411 JF - 2012 Allied Social Sciences Association Annual Meeting AU - Christensen, Jens AU - Lopez, Jose AU - Rudebusch, Glenn Y1 - 2012/01/06/ PY - 2012 DA - 2012 Jan 06 KW - USA KW - Pricing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1313021346?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2012+Allied+Social+Sciences+Association+Annual+Meeting&rft.atitle=Pricing+Deflation+Risk+with+U.S.+Treasury+Yields&rft.au=Nalewaik%2C+Jeremy+J&rft.aulast=Nalewaik&rft.aufirst=Jeremy&rft.date=2011-04-14&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Forecasting+Recessions+Using+Stall+Speeds&rft.title=Forecasting+Recessions+Using+Stall+Speeds&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/2012conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2013-02-26 N1 - Last updated - 2013-02-28 ER - TY - BOOK T1 - Concording U.S. Harmonized System Categories over Time AN - 1738474518; 2011-383620 AB - Monitoring changes to product classification systems is an important component of a wide range of empirical research. This study develops an algorithm for concording periodic revisions to the ten-digit Harmonized System (HS) codes used by US statistical agencies to categorize international trade since 1989. It uses this algorithm to construct the first comprehensive concordance of HS codes over time and shows how this concordance can be extended to incorporate future revisions. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jan 2012, 13 pp. AU - Pierce, Justin R AU - Schott, Peter K Y1 - 2012/01// PY - 2012 DA - January 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Trade and trade policy - Export-import trade KW - United States KW - Classification KW - Federal reserve system KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474518?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pierce%2C+Justin+R%3BSchott%2C+Peter+K&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Concording+U.S.+Harmonized+System+Categories+over+Time&rft.title=Concording+U.S.+Harmonized+System+Categories+over+Time&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201216/201216pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-16 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Influence of Fannie and Freddie on Mortgage Loan Terms AN - 1738474461; 2011-383603 AB - This paper uses a novel instrumental variables approach to quantify the effect that Government-Sponsored Enterprise (GSE) purchase eligibility had on equilibrium mortgage loan terms in the period from 2003 to 2007. GSE eligibility appears to have lowered interest rates by about 10 basis points, encouraged fixed-rate loans over adjustable rate mortgages (ARMs), and discouraged low-documentation and brokered loans. The overall picture suggests that GSE purchases had only a modest impact on loan terms during this period. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, 2012, 31 pp. AU - Kaufman, Alex Y1 - 2012///0, PY - 2012 DA - 0, 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Interest rates KW - Loans KW - Federal reserve system KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474461?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kaufman%2C+Alex&rft.aulast=Kaufman&rft.aufirst=Alex&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Influence+of+Fannie+and+Freddie+on+Mortgage+Loan+Terms&rft.title=The+Influence+of+Fannie+and+Freddie+on+Mortgage+Loan+Terms&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201233/201233pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-33 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Using Policy Intervention to Identify Financial Stress AN - 1738473541; 2011-383630 AB - This paper describes the construction of a financial stress index. This stress index differs from other indexes in that it incorporates the co-movement and volatility of financial series as well as the levels of the series. This index also uses past experience more than others to guide the assessment about which characteristics of the data suggest financial stress exists. In addition to describing the construction of the financial stress index, the paper discusses issues relevant to the general construction of stress indexes. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, 2012, 23 pp. AU - Carlson, Mark A AU - Lewis, Kurt F AU - Nelson, William R Y1 - 2012///0, PY - 2012 DA - 0, 2012 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Information services and sources KW - Business and service sector - Business finance KW - Indexes KW - Finance KW - Federal reserve system KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473541?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carlson%2C+Mark+A%3BLewis%2C+Kurt+F%3BNelson%2C+William+R&rft.aulast=Carlson&rft.aufirst=Mark&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Using+Policy+Intervention+to+Identify+Financial+Stress&rft.title=Using+Policy+Intervention+to+Identify+Financial+Stress&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201202/201202pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-02 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - A concordance between ten-digit U.S. harmonized system codes and SIC/NAICS product classes and industries AN - 1347780986; 201322108 AB - While the relationship between international trade and domestic economic activity is an important topic in economics, research in this area has been slowed due to data limitations. In this paper we provide tools that improve the existing data in two ways. First, we develop an algorithm that yields concordances between the ten-digit Harmonized System (HS) codes used to classify products in U.S. international trade and the SIC and NAICS industry codes used to classify domestic economic activity. These concordances then yield novel time series of industry-level international trade data for the years 1989 to 2009. Second, we provide concordances between HS codes and the SIC and NAICS product classes used to classify U.S. manufacturing production, allowing for matching at a more disaggregated level than was previously available. Adapted from the source document. JF - Journal of Economic and Social Measurement AU - Pierce, Justin R AU - Schott, Peter K AD - Board of Governors of the Federal Reserve System, 20th & C ST NW, Washington, DC 20551 Tel: +1 202 452 2980, Fax: +1 202 736 1937 justin.r.pierce@frb.gov Y1 - 2012///0, PY - 2012 DA - 0, 2012 SP - 61 EP - 96 PB - IOS Press, Amsterdam The Netherlands VL - 37 IS - 1-2 SN - 0747-9662, 0747-9662 KW - International trade, industry classification KW - Algorithms KW - International Trade KW - article KW - 2460: policy, planning, forecasting; social indicators UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1347780986?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Economic+and+Social+Measurement&rft.atitle=A+concordance+between+ten-digit+U.S.+harmonized+system+codes+and+SIC%2FNAICS+product+classes+and+industries&rft.au=Pierce%2C+Justin+R%3BSchott%2C+Peter+K&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2012-01-01&rft.volume=37&rft.issue=1-2&rft.spage=61&rft.isbn=&rft.btitle=&rft.title=Journal+of+Economic+and+Social+Measurement&rft.issn=07479662&rft_id=info:doi/10.3233%2FJEM-2012-0351 LA - English DB - Sociological Abstracts N1 - Date revised - 2013-05-01 N1 - Last updated - 2016-09-28 N1 - CODEN - JEMEEZ N1 - SubjectsTermNotLitGenreText - International Trade; Algorithms DO - http://dx.doi.org/10.3233/JEM-2012-0351 ER - TY - BOOK T1 - Concording U.S. Harmonized System Categories over Time AN - 1315875866; 2011-383620 AB - Monitoring changes to product classification systems is an important component of a wide range of empirical research. This study develops an algorithm for concording periodic revisions to the ten-digit Harmonized System (HS) codes used by US statistical agencies to categorize international trade since 1989. It uses this algorithm to construct the first comprehensive concordance of HS codes over time and shows how this concordance can be extended to incorporate future revisions. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Jan 2012, 13 pp. AU - Pierce, Justin R AU - Schott, Peter K Y1 - 2012/01// PY - 2012 DA - January 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Trade and trade policy - Export-import trade KW - United States KW - Classification KW - Federal reserve system KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875866?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pierce%2C+Justin+R%3BSchott%2C+Peter+K&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Concording+U.S.+Harmonized+System+Categories+over+Time&rft.title=Concording+U.S.+Harmonized+System+Categories+over+Time&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201216/201216pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-16 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Federal Reserve's Portfolio and Its Effects on Mortgage Markets AN - 1315875803; 2011-383614 AB - Provides an empirical analysis of the effects of the Federal Reserve's asset holdings on mortgage-backed securities (MBS) yields and mortgage rates. The Federal Reserve's portfolio holdings influence mortgage markets, through both a "portfolio balancing channel" and an "excess reserves" channel. These two channels can work in opposite directions and their magnitudes are difficult to estimate, but on net, larger Federal Reserve's portfolio holdings seem to have placed a significant downward influence on MBS yields and mortgage rates. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, 2012, 31 pp. AU - Hancock, Diana AU - Passmore, Wayne Y1 - 2012///0, PY - 2012 DA - 0, 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Assets KW - Federal reserve system KW - Markets KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875803?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hancock%2C+Diana%3BPassmore%2C+Wayne&rft.aulast=Hancock&rft.aufirst=Diana&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Federal+Reserve%27s+Portfolio+and+Its+Effects+on+Mortgage+Markets&rft.title=The+Federal+Reserve%27s+Portfolio+and+Its+Effects+on+Mortgage+Markets&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201222/201222pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-22 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Using Policy Intervention to Identify Financial Stress AN - 1315875222; 2011-383630 AB - This paper describes the construction of a financial stress index. This stress index differs from other indexes in that it incorporates the co-movement and volatility of financial series as well as the levels of the series. This index also uses past experience more than others to guide the assessment about which characteristics of the data suggest financial stress exists. In addition to describing the construction of the financial stress index, the paper discusses issues relevant to the general construction of stress indexes. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, 2012, 23 pp. AU - Carlson, Mark A AU - Lewis, Kurt F AU - Nelson, William R Y1 - 2012///0, PY - 2012 DA - 0, 2012 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Information services and sources KW - Business and service sector - Business finance KW - Indexes KW - Finance KW - Federal reserve system KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875222?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carlson%2C+Mark+A%3BLewis%2C+Kurt+F%3BNelson%2C+William+R&rft.aulast=Carlson&rft.aufirst=Mark&rft.date=2012-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Using+Policy+Intervention+to+Identify+Financial+Stress&rft.title=Using+Policy+Intervention+to+Identify+Financial+Stress&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201202/201202pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2012 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-02 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The importance of anti-discrimination and workers' compensation laws on the provision of workplace accommodations following the onset Of a disability AN - 1240208536; 4376814 AB - The Americans with Disabilities Act of 1990 (ADA) was the first federal disability-based anti-discrimination law that applied to a broad range of workers. Whereas some studies have focused on its impact on workplace accommodation, this is the first to do so while accounting for previous state anti-discrimination and workers' compensation laws. Using data from the Health and Retirement Study, the authors find that prior to the implementation of the ADA, employers were more likely to accommodate workers if their disability onset was work-related and hence likely to be covered by Workers' Compensation laws. State anti-discrimination laws significantly increased accommodations to workers whose disabilities were not work-related, effectively bringing their accommodation rates in line with workers whose disabilities were. Though implementation of the ADA increased accommodation for all workers, the authors point out that failure to account for pre-existing state anti-discrimination and workers' compensation laws will underestimate its effect. Adapted from the source document. Reprinted by permission of Cornell University, New York State School of Industrial and Labor Relations JF - Industrial and labor relations review AU - Burkhauser, Richard V AU - Schmeiser, Maximilian D AU - Weathers, II, Robert R. AD - US Board of Governors Federal Reserve System Y1 - 2012/01// PY - 2012 DA - Jan 2012 SP - 161 EP - 180 VL - 65 IS - 1 SN - 0019-7939, 0019-7939 KW - Economics KW - Workers KW - Compensation KW - Discrimination KW - Health KW - Law KW - Retirement KW - Work place UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1240208536?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Industrial+and+labor+relations+review&rft.atitle=The+importance+of+anti-discrimination+and+workers%27+compensation+laws+on+the+provision+of+workplace+accommodations+following+the+onset+Of+a+disability&rft.au=Burkhauser%2C+Richard+V%3BSchmeiser%2C+Maximilian+D%3BWeathers%2C+II%2C+Robert+R.&rft.aulast=Burkhauser&rft.aufirst=Richard&rft.date=2012-01-01&rft.volume=65&rft.issue=1&rft.spage=161&rft.isbn=&rft.btitle=&rft.title=Industrial+and+labor+relations+review&rft.issn=00197939&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 13682; 7253; 13673 4214; 5772; 10984; 2644 9295; 3612 3549 2688 2449 10404 ER - TY - BOOK T1 - A Concordance between Ten-Digit U.S. Harmonized System Codes and SIC/NAICS Product Classes and Industries AN - 1738473584; 2011-383621 AB - While the relationship between international trade and domestic economic activity is an important topic in economics, research has been slowed due to data limitations. This study provides tools that improve the existing data in two ways: (1) An algorithm that yields concordances between the ten-digit Harmonized System (HS) codes used to classify products in US international trade and the Standard Industrial Classification (SIC) and North American Industrial Classification System (NAICS) industry codes used to classify domestic economic activity and (2) concordances between HS codes and the SIC and NAICS product classes used to classify US manufacturing production. Tables. JF - Board of Governors of the Federal Reserve System, Dec 2011, 33 pp. AU - Pierce, Justin R AU - Schott, Peter K Y1 - 2011/12// PY - 2011 DA - December 2011 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Trade and trade policy - Export-import trade KW - Manufacturing and heavy industry - Industry and industrial policy KW - Economic conditions and policy - Economic research KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Manufacturing and heavy industry - Manufacturing and manufactured goods KW - United States KW - Classification KW - Production KW - Manufacturing KW - Standards KW - Federal reserve system KW - Economic research KW - Export-import trade KW - Industry KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473584?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pierce%2C+Justin+R%3BSchott%2C+Peter+K&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2011-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=A+Concordance+between+Ten-Digit+U.S.+Harmonized+System+Codes+and+SIC%2FNAICS+Product+Classes+and+Industries&rft.title=A+Concordance+between+Ten-Digit+U.S.+Harmonized+System+Codes+and+SIC%2FNAICS+Product+Classes+and+Industries&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201215/201215pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-15 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Supply Constraints and Housing Market Dynamics AN - 1738473488; 2011-383631 AB - Although the volatility of house prices is often ascribed to demand-side factors, constraints on housing supply have important and little-studied implications for housing dynamics. This study illustrates the strong relationship in city-level data between the volatility of house prices and the regulation of new housing supply. It then employs a dynamic structural model of housing investment to estimate the effect of supply constraints on both the level of new construction and the responsiveness of investment to house prices. It finds that supply constraints increase volatility through two channels. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Dec 1 2011, 63 pp. AU - Paciorek, Andrew D Y1 - 2011/12/01/ PY - 2011 DA - 2011 Dec 01 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Social conditions and policy - Housing KW - Business and service sector - Business finance KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Investments KW - Housing KW - Prices KW - Regulation KW - Federal reserve system KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473488?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Paciorek%2C+Andrew+D&rft.aulast=Paciorek&rft.aufirst=Andrew&rft.date=2011-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supply+Constraints+and+Housing+Market+Dynamics&rft.title=Supply+Constraints+and+Housing+Market+Dynamics&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201201/201201pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-01 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Supply Constraints and Housing Market Dynamics AN - 1315875228; 2011-383631 AB - Although the volatility of house prices is often ascribed to demand-side factors, constraints on housing supply have important and little-studied implications for housing dynamics. This study illustrates the strong relationship in city-level data between the volatility of house prices and the regulation of new housing supply. It then employs a dynamic structural model of housing investment to estimate the effect of supply constraints on both the level of new construction and the responsiveness of investment to house prices. It finds that supply constraints increase volatility through two channels. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Dec 1 2011, 63 pp. AU - Paciorek, Andrew D Y1 - 2011/12/01/ PY - 2011 DA - 2011 Dec 01 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Social conditions and policy - Housing KW - Business and service sector - Business finance KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Investments KW - Housing KW - Prices KW - Regulation KW - Federal reserve system KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1315875228?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/US+Midwest+Newsstream&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=unknown&rft.jtitle=&rft.atitle=&rft.au=Alan+Cropsey+%2F+Special+To+The+Press&rft.aulast=Alan+Cropsey+%2F+Special+To+The+Press&rft.aufirst=&rft.date=2006-04-15&rft.volume=&rft.issue=&rft.spage=A.13&rft.isbn=&rft.btitle=Logical+reform+of+ballot+process&rft.title=Logical+reform+of+ballot+process&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2012/201201/201201pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2013-03-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2012-01 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Some evidence on factor intensity and price rigidity AN - 892944132; 4231599 AB - This paper establishes a new empirical finding: the degree of labor intensity and the degree of price flexibility are negatively correlated across industrial sectors in the U.S. economy. This finding suggests that varying factor intensity can potentially generate different degrees of price stickiness across sectors and remove the need to exogenously impose the latter. Of course, labor intensity is just one more feature-in addition to others like the durability of goods produced and the degree of competition-that can explain some of the heterogeneity in price durations across sectors. All rights reserved, Elsevier JF - Journal of economic dynamics and control AU - Peneva, E AD - Federal Reserve System Y1 - 2011/10// PY - 2011 DA - Oct 2011 SP - 1652 EP - 1658 VL - 35 IS - 10 SN - 0165-1889, 0165-1889 KW - Economics KW - Labour intensity KW - Price level KW - Factor choice KW - Factor prices KW - Sticky prices KW - Macroeconomics KW - U.S.A. KW - Price formation KW - Industrial sector UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/892944132?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carpenter%2C+Seth+B%3BDemiralp%2C+Selva&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Volatility%2C+Money+Market+Rates%2C+and+the+Transmission+of+Monetary+Policy&rft.title=Volatility%2C+Money+Market+Rates%2C+and+the+Transmission+of+Monetary+Policy&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7585 4025; 4726 10107; 4723; 12255 10107; 10090; 6410; 7153 7129; 10085; 433 293 14 DO - http://dx.doi.org/10.1016/j.jedc.2011.03.011 ER - TY - BOOK T1 - Firm Default and Aggregate Fluctuations AN - 914786984; 2011-157427 AB - This paper studies the relationship between macroeconomic fluctuations and corporate defaults while conditioning on industry affiliation and an extensive set of firm-specific factors. By using a panel data set for virtually all incorporated Swedish businesses over 1990-2009, a period which includes a full-scale banking crisis, it finds strong evidence for a substantial and stable impact from aggregate fluctuations on business defaults. The analysis shows that firm-specific factors are useful in ranking firms' relative riskiness, but that macroeconomic factors are necessary to understand fluctuations in the absolute risk level. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Aug 22 2011, 43 pp. AU - Jacobson, Tor AU - Linde AU - Roszbach, Kasper Y1 - 2011/08/22/ PY - 2011 DA - 2011 Aug 22 PB - Board of Governors of the Federal Reserve System System KW - Business and service sector - Business and business enterprises KW - Economic conditions and policy - Economic theory KW - Banking and public and private finance - Banking operations and services KW - Social conditions and policy - Public safety and security KW - Risk KW - Corporations KW - Business KW - Macroeconomics KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786984?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Jacobson%2C+Tor%3BLinde%3BRoszbach%2C+Kasper&rft.aulast=Jacobson&rft.aufirst=Tor&rft.date=2011-08-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Firm+Default+and+Aggregate+Fluctuations&rft.title=Houston+Chronicle&rft.issn=10747109&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1029/ifdp1029.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1029 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Firm Default and Aggregate Fluctuations AN - 1738474465; 2011-157427 AB - This paper studies the relationship between macroeconomic fluctuations and corporate defaults while conditioning on industry affiliation and an extensive set of firm-specific factors. By using a panel data set for virtually all incorporated Swedish businesses over 1990-2009, a period which includes a full-scale banking crisis, it finds strong evidence for a substantial and stable impact from aggregate fluctuations on business defaults. The analysis shows that firm-specific factors are useful in ranking firms' relative riskiness, but that macroeconomic factors are necessary to understand fluctuations in the absolute risk level. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Aug 22 2011, 43 pp. AU - Jacobson, Tor AU - Linde AU - Roszbach, Kasper Y1 - 2011/08/22/ PY - 2011 DA - 2011 Aug 22 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business and business enterprises KW - Economic conditions and policy - Economic theory KW - Banking and public and private finance - Banking operations and services KW - Social conditions and policy - Public safety and security KW - Risk KW - Corporations KW - Business KW - Macroeconomics KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474465?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Jacobson%2C+Tor%3BLinde%3BRoszbach%2C+Kasper&rft.aulast=Jacobson&rft.aufirst=Tor&rft.date=2011-08-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Firm+Default+and+Aggregate+Fluctuations&rft.title=Firm+Default+and+Aggregate+Fluctuations&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1029/ifdp1029.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1029 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Examining the Impact of Credit Access on Small Firm Survivability AN - 1738473474; 2011-157411 AB - This paper examines the effects of credit availability on small firm survivability over the period 2004 to 2008 for non-publicly traded small enterprises. Using data from the 2003 Survey of Small Business Finances, it develops failure prediction models for a sample of small firms that were confirmed to have been in business as of December 2003, with particular attention to the impact of credit constraints. It finds that credit constrained firms were significantly more likely to go out of business than nonconstrained firms. Tables, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Aug 9 2011, 37 pp. AU - Mach, Traci L AU - Wolken, John D Y1 - 2011/08/09/ PY - 2011 DA - 2011 Aug 09 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business and business enterprises KW - Education and education policy - Statistics, research, research methods, and research support KW - Business KW - Credit KW - Surveys KW - Small business KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473474?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Mach%2C+Traci+L%3BWolken%2C+John+D&rft.aulast=Mach&rft.aufirst=Traci&rft.date=2011-08-09&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Examining+the+Impact+of+Credit+Access+on+Small+Firm+Survivability&rft.title=Examining+the+Impact+of+Credit+Access+on+Small+Firm+Survivability&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201135/201135pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-35 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Subprime Crisis: Is Government Housing Policy to Blame? AN - 914786793; 2011-157410 AB - A growing literature suggests that housing policy, embodied by the Community Reinvestment Act (CRA) and the affordable housing goals of the government sponsored enterprises (GSEs), may have caused the subprime crisis. This paper examines whether these programs were associated with worse outcomes in the mortgage market, including delinquency rates and measures of loan quality. It finds little evidence that either the CRA or the GSE goals played a significant role in the subprime crisis. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Aug 3 2011, 29 pp. AU - Avery, Robert B AU - Brevoort, Kenneth P Y1 - 2011/08/03/ PY - 2011 DA - 2011 Aug 03 PB - Board of Governors of the Federal Reserve System System KW - Law and ethics - Law and jurisprudence KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Social conditions and policy - Housing KW - Housing KW - Loans KW - Markets KW - Housing policy KW - Legislation KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786793?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Avery%2C+Robert+B%3BBrevoort%2C+Kenneth+P&rft.aulast=Avery&rft.aufirst=Robert&rft.date=2011-08-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Subprime+Crisis%3A+Is+Government+Housing+Policy+to+Blame%3F&rft.title=The+Subprime+Crisis%3A+Is+Government+Housing+Policy+to+Blame%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201136/201136pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-36 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Subprime Crisis: Is Government Housing Policy to Blame? AN - 1738474474; 2011-157410 AB - A growing literature suggests that housing policy, embodied by the Community Reinvestment Act (CRA) and the affordable housing goals of the government sponsored enterprises (GSEs), may have caused the subprime crisis. This paper examines whether these programs were associated with worse outcomes in the mortgage market, including delinquency rates and measures of loan quality. It finds little evidence that either the CRA or the GSE goals played a significant role in the subprime crisis. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Aug 3 2011, 29 pp. AU - Avery, Robert B AU - Brevoort, Kenneth P Y1 - 2011/08/03/ PY - 2011 DA - 2011 Aug 03 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Law and jurisprudence KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Social conditions and policy - Housing KW - Housing KW - Loans KW - Markets KW - Housing policy KW - Legislation KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474474?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Avery%2C+Robert+B%3BBrevoort%2C+Kenneth+P&rft.aulast=Avery&rft.aufirst=Robert&rft.date=2011-08-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Subprime+Crisis%3A+Is+Government+Housing+Policy+to+Blame%3F&rft.title=The+Subprime+Crisis%3A+Is+Government+Housing+Policy+to+Blame%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201136/201136pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-36 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Quantitative Easing and Bank Lending: Evidence from Japan AN - 1738473582; 2011-157438 AB - Prior to the recent financial crisis, one of the most prominent examples of unconventional monetary stimulus was Japan's "quantitative easing policy" (QEP). Most analysts agree that QEP did not succeed in stimulating aggregate demand sufficiently to overcome persistent deflation; however, it remains unclear whether QEP simply provided little stimulus, or whether its positive effects were overwhelmed by the contractionary forces in Japan's post-bubble economy. This report identifies a significant effect of bank liquidity positions on lending, suggesting that the expansion of reserves associated with QEP slightly boosted the flow of credit. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Jun 2011, 31 pp. AU - Bowman, David AU - Cai, Fang AU - Davies, Sally AU - Kamin, Steven Y1 - 2011/06// PY - 2011 DA - June 2011 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Business finance KW - Bank loans KW - Finance KW - Deflation KW - Credit KW - Economic conditions KW - Banking KW - Japan KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473582?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bowman%2C+David%3BCai%2C+Fang%3BDavies%2C+Sally%3BKamin%2C+Steven&rft.aulast=Bowman&rft.aufirst=David&rft.date=2011-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Quantitative+Easing+and+Bank+Lending%3A+Evidence+from+Japan&rft.title=Quantitative+Easing+and+Bank+Lending%3A+Evidence+from+Japan&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1018/ifdp1018.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1018 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Market structure and the pass-through of the federal funds rate AN - 866974774; 4192819 AB - We study the effect of local market bank concentration on business loan originations and on the pass-through of the federal funds rate to business loan originations. Economic theory on the relationship between concentration and the pass-through of input prices to quantity (or price) is ambiguous. We find that more concentrated markets have lower business loan originations and experience smaller changes in business loan originations in response to changes in the federal funds rate. Our results support the idea that market concentration dampens quantity reactions to input price changes. All rights reserved, Elsevier JF - Journal of banking and finance AU - Adams, Robert M AU - Amel, D F AD - Board of Governors of the Federal Reserve System Y1 - 2011/05// PY - 2011 DA - May 2011 SP - 1087 EP - 1096 VL - 35 IS - 5 SN - 0378-4266, 0378-4266 KW - Economics KW - Federal funds rate KW - Loans KW - Market analysis KW - Bank operations KW - Economic concentration KW - U.S.A. KW - Monetary policy KW - Market structure UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/866974774?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+banking+and+finance&rft.atitle=Market+structure+and+the+pass-through+of+the+federal+funds+rate&rft.au=Adams%2C+Robert+M%3BAmel%2C+D+F&rft.aulast=Adams&rft.aufirst=Robert&rft.date=2011-05-01&rft.volume=35&rft.issue=5&rft.spage=1087&rft.isbn=&rft.btitle=&rft.title=Journal+of+banking+and+finance&rft.issn=03784266&rft_id=info:doi/10.1016%2Fj.jbankfin.2010.09.020 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7736 4014; 8217 3977 5574 10472; 1460 1477 4930 6590; 7487 4577 3872 554 971; 7715 3883 971; 3896 3921; 433 293 14 DO - http://dx.doi.org/10.1016/j.jbankfin.2010.09.020 ER - TY - BOOK T1 - Forecasting Recessions Using Stall Speeds AN - 914786767; 2011-157421 AB - This paper presents evidence that the economic stall speed concept has some empirical content, and can be moderately useful in forecasting recessions; specifically, output tends to transition to a slow-growth phase at the end of expansions before falling into a recession. While the switching models using output growth alone produce a considerable number of false positive recession signals, adding the slope of the yield curve, the percent change in housing starts, and the change in the unemployment rate to the model reduces false positives and improves recession forecasting. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Apr 14 2011, 42 pp. AU - Nalewaik, Jeremy J Y1 - 2011/04/14/ PY - 2011 DA - 2011 Apr 14 PB - Board of Governors of the Federal Reserve System System KW - Economic conditions and policy - Economic conditions KW - Education and education policy - Statistics, research, research methods, and research support KW - Economic conditions and policy - Economic theory KW - Social conditions and policy - Housing KW - Labor conditions and policy - Employment and labor supply KW - Housing KW - Unemployment KW - Economics KW - Forecasting KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786767?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Nalewaik%2C+Jeremy+J&rft.aulast=Nalewaik&rft.aufirst=Jeremy&rft.date=2011-04-14&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Forecasting+Recessions+Using+Stall+Speeds&rft.title=Forecasting+Recessions+Using+Stall+Speeds&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201124/201124pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-24 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Are Adjustable-Rate Mortgage Borrowers Borrowing Constrained? AN - 914786981; 2011-157424 AB - Past research argues that changes in adjustable-rate mortgage (ARM) payments may lead households to cut back on consumption or to default on their mortgages. This paper argues that these outcomes are more likely if ARM borrowers are borrowing constrained, and the study finds that ARM borrowers exhibit characteristics and behavior that are consistent with being borrowing constrained. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Mar 7 2011, 18 pp. AU - Johnson, Kathleen W AU - Li, Geng Y1 - 2011/03/07/ PY - 2011 DA - 2011 Mar 07 PB - Board of Governors of the Federal Reserve System System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Consumers and consumption KW - Population groups, population policy, and demographics - Demography and census KW - Banking and public and private finance - International banking and finance and financial institutions KW - Banking and public and private finance - Banking operations and services KW - Loans KW - Households KW - Consumption KW - Payment KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786981?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Johnson%2C+Kathleen+W%3BLi%2C+Geng&rft.aulast=Johnson&rft.aufirst=Kathleen&rft.date=2011-03-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Are+Adjustable-Rate+Mortgage+Borrowers+Borrowing+Constrained%3F&rft.title=Are+Adjustable-Rate+Mortgage+Borrowers+Borrowing+Constrained%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201121/201121pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-21 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Are Adjustable-Rate Mortgage Borrowers Borrowing Constrained? AN - 1738474592; 2011-157424 AB - Past research argues that changes in adjustable-rate mortgage (ARM) payments may lead households to cut back on consumption or to default on their mortgages. This paper argues that these outcomes are more likely if ARM borrowers are borrowing constrained, and the study finds that ARM borrowers exhibit characteristics and behavior that are consistent with being borrowing constrained. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 7 2011, 18 pp. AU - Johnson, Kathleen W AU - Li, Geng Y1 - 2011/03/07/ PY - 2011 DA - 2011 Mar 07 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Consumers and consumption KW - Population groups, population policy, and demographics - Demography and census KW - Banking and public and private finance - International banking and finance and financial institutions KW - Banking and public and private finance - Banking operations and services KW - Loans KW - Households KW - Consumption KW - Payment KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474592?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Johnson%2C+Kathleen+W%3BLi%2C+Geng&rft.aulast=Johnson&rft.aufirst=Kathleen&rft.date=2011-03-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Are+Adjustable-Rate+Mortgage+Borrowers+Borrowing+Constrained%3F&rft.title=Are+Adjustable-Rate+Mortgage+Borrowers+Borrowing+Constrained%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201121/201121pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-21 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Where Are Global and U.S. Trade Heading in the Aftermath of the Trade Collapse: Issues and Alternative Scenarios AN - 914787255; 2011-157439 AB - Global and US trade declined dramatically in the wake of the global financial crisis in late 2008 and early 2009. The subsequent recovery in trade, while vigorous at first, gradually lost momentum in 2010. This paper explores the prospects for global and US trade in the medium term. The analysis suggests that during the crisis both world trade and US exports declined significantly more than would have been expected on the basis of historical relationships with economic activity; moreover, this gap between actual and equilibrium trade is closing only slowly and could persist. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Mar 2011, 25 pp. AU - Gruber, Joseph W AU - di Mauro, Filippo AU - Schnatz, Bernd AU - Zorell, Nico Y1 - 2011/03// PY - 2011 DA - March 2011 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - International banking and finance and financial institutions KW - Economic conditions and policy - Economic theory KW - Trade and trade policy - Export-import trade KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - United States KW - Finance KW - International finance KW - Economics KW - Economic conditions KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914787255?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gruber%2C+Joseph+W%3Bdi+Mauro%2C+Filippo%3BSchnatz%2C+Bernd%3BZorell%2C+Nico&rft.aulast=Gruber&rft.aufirst=Joseph&rft.date=2011-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Where+Are+Global+and+U.S.+Trade+Heading+in+the+Aftermath+of+the+Trade+Collapse%3A+Issues+and+Alternative+Scenarios&rft.title=Where+Are+Global+and+U.S.+Trade+Heading+in+the+Aftermath+of+the+Trade+Collapse%3A+Issues+and+Alternative+Scenarios&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1017/ifdp1017.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1017 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Surveying the Aftermath of the Storm: Changes in Family Finances from 2007 to 2009 AN - 914786983; 2011-157426 AB - In 2009, the Federal Reserve Board implemented a survey of families that participated in the 2007 Survey of Consumer Finances (SCF) to gain detailed information on the effects of the recent recession on all types of households. Changes in families' wealth over the period appear to reflect changes in asset values (particularly the value of homes, stocks, and businesses) rather than changes in the level of ownership of assets and debts or in the amount of debt held. Families appear more cautious in 2009 than in 2007, as most families reported greater desired buffer savings. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Mar 2011, 36 pp. AU - Bricker, Jesse AU - Bucks, Brian AU - Kennickell, Arthur AU - Mach, Traci AU - Moore, Kevin Y1 - 2011/03// PY - 2011 DA - March 2011 PB - Board of Governors of the Federal Reserve System System KW - Economic conditions and policy - Economic conditions KW - Social conditions and policy - Marriage and family life KW - Business and service sector - Accounting KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Economic conditions and policy - Property and wealth KW - Education and education policy - Statistics, research, research methods, and research support KW - Business and service sector - Business and business enterprises KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic theory KW - Economic conditions and policy - Consumers and consumption KW - Banking and public and private finance - Investments and securities KW - Value KW - Business KW - Assets KW - Surveys KW - Federal reserve system KW - Saving KW - Households KW - Debt KW - Stocks KW - Wealth KW - Family KW - Consumers KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786983?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bricker%2C+Jesse%3BBucks%2C+Brian%3BKennickell%2C+Arthur%3BMach%2C+Traci%3BMoore%2C+Kevin&rft.aulast=Bricker&rft.aufirst=Jesse&rft.date=2011-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Surveying+the+Aftermath+of+the+Storm%3A+Changes+in+Family+Finances+from+2007+to+2009&rft.title=Surveying+the+Aftermath+of+the+Storm%3A+Changes+in+Family+Finances+from+2007+to+2009&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201117/201117pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-17 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Where Are Global and U.S. Trade Heading in the Aftermath of the Trade Collapse: Issues and Alternative Scenarios AN - 1738474501; 2011-157439 AB - Global and US trade declined dramatically in the wake of the global financial crisis in late 2008 and early 2009. The subsequent recovery in trade, while vigorous at first, gradually lost momentum in 2010. This paper explores the prospects for global and US trade in the medium term. The analysis suggests that during the crisis both world trade and US exports declined significantly more than would have been expected on the basis of historical relationships with economic activity; moreover, this gap between actual and equilibrium trade is closing only slowly and could persist. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Mar 2011, 25 pp. AU - Gruber, Joseph W AU - di Mauro, Filippo AU - Schnatz, Bernd AU - Zorell, Nico Y1 - 2011/03// PY - 2011 DA - March 2011 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - International banking and finance and financial institutions KW - Economic conditions and policy - Economic theory KW - Trade and trade policy - Export-import trade KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - United States KW - Finance KW - International finance KW - Economics KW - Economic conditions KW - Export-import trade KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474501?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gruber%2C+Joseph+W%3Bdi+Mauro%2C+Filippo%3BSchnatz%2C+Bernd%3BZorell%2C+Nico&rft.aulast=Gruber&rft.aufirst=Joseph&rft.date=2011-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Where+Are+Global+and+U.S.+Trade+Heading+in+the+Aftermath+of+the+Trade+Collapse%3A+Issues+and+Alternative+Scenarios&rft.title=Where+Are+Global+and+U.S.+Trade+Heading+in+the+Aftermath+of+the+Trade+Collapse%3A+Issues+and+Alternative+Scenarios&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1017/ifdp1017.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1017 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Surveying the Aftermath of the Storm: Changes in Family Finances from 2007 to 2009 AN - 1738473531; 2011-157426 AB - In 2009, the Federal Reserve Board implemented a survey of families that participated in the 2007 Survey of Consumer Finances (SCF) to gain detailed information on the effects of the recent recession on all types of households. Changes in families' wealth over the period appear to reflect changes in asset values (particularly the value of homes, stocks, and businesses) rather than changes in the level of ownership of assets and debts or in the amount of debt held. Families appear more cautious in 2009 than in 2007, as most families reported greater desired buffer savings. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Mar 2011, 36 pp. AU - Bricker, Jesse AU - Bucks, Brian AU - Kennickell, Arthur AU - Mach, Traci AU - Moore, Kevin Y1 - 2011/03// PY - 2011 DA - March 2011 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Social conditions and policy - Marriage and family life KW - Business and service sector - Accounting KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Economic conditions and policy - Property and wealth KW - Education and education policy - Statistics, research, research methods, and research support KW - Business and service sector - Business and business enterprises KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic theory KW - Economic conditions and policy - Consumers and consumption KW - Banking and public and private finance - Investments and securities KW - Value KW - Business KW - Assets KW - Surveys KW - Federal reserve system KW - Saving KW - Households KW - Debt KW - Stocks KW - Wealth KW - Family KW - Consumers KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473531?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bricker%2C+Jesse%3BBucks%2C+Brian%3BKennickell%2C+Arthur%3BMach%2C+Traci%3BMoore%2C+Kevin&rft.aulast=Bricker&rft.aufirst=Jesse&rft.date=2011-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Surveying+the+Aftermath+of+the+Storm%3A+Changes+in+Family+Finances+from+2007+to+2009&rft.title=Surveying+the+Aftermath+of+the+Storm%3A+Changes+in+Family+Finances+from+2007+to+2009&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201117/201117pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-17 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - International Capital Flows and the Returns to Safe Assets in the United States, 2003-2007 AN - 914787499; 2011-157442 AB - A broad array of domestic institutional factors -- including problems with the originate-to-distribute model for mortgage loans, deteriorating lending standards, deficiencies in risk management, conflicting incentives for the government sponsored enterprises (GSEs), and shortcomings of supervision and regulation -- were the primary sources of the US housing boom and bust and the associated financial crisis. This essay investigates further the effects of capital inflows to the US on US longer-term interest rates; however, it looks beyond the overall size of the inflows emphasized by the "global saving glut" hypothesis to examine the implications for US yields of the portfolio preferences of foreign creditors. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Feb 2011, 35 pp. AU - Bernanke, Ben S AU - Bertaut, Carol AU - DeMarco, Laurie Pounder AU - Kamin, Steven Y1 - 2011/02// PY - 2011 DA - February 2011 PB - Board of Governors of the Federal Reserve System System KW - Economic conditions and policy - Property and wealth KW - Social conditions and policy - Housing KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Accounting KW - Business and service sector - Business finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business management KW - Interest rates KW - United States KW - Finance KW - Assets KW - Housing KW - Loans KW - Capital KW - Regulation KW - Mortgages KW - Risk management KW - Saving KW - Standards KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914787499?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bernanke%2C+Ben+S%3BBertaut%2C+Carol%3BDeMarco%2C+Laurie+Pounder%3BKamin%2C+Steven&rft.aulast=Bernanke&rft.aufirst=Ben&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=International+Capital+Flows+and+the+Returns+to+Safe+Assets+in+the+United+States%2C+2003-2007&rft.title=International+Capital+Flows+and+the+Returns+to+Safe+Assets+in+the+United+States%2C+2003-2007&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1014/ifdp1014.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1014 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Explaining the Energy Consumption Portfolio in a Cross-Section of Countries: Are the BRICs Different? AN - 914787261; 2011-157441 AB - Presents empirical support for the energy ladder hypothesis, which contends that as an economy develops, it transits away from a heavier reliance on traditional fuel sources towards an increase in the use of modern commercial energy sources. The fact that as an economy matures, it transforms away from agriculture-based activity into industrial activity and, finally, fully matures into a service-oriented economy is an important driver for the distribution of end-use energy consumption. However, there is still evidence suggesting that the patterns of energy consumption in Brazil, Russia, India, and China (BRIC) economies are different from those of other economies. Tables, References. JF - Board of Governors of the Federal Reserve System System, Feb 2011, 21 pp. AU - Arseneau, David M Y1 - 2011/02// PY - 2011 DA - February 2011 PB - Board of Governors of the Federal Reserve System System KW - Energy resources and policy - Energy policy KW - Brazil KW - Russian Federation KW - Energy consumption KW - China (People's Republic) KW - Fuel KW - India KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914787261?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Arseneau%2C+David+M&rft.aulast=Arseneau&rft.aufirst=David&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Explaining+the+Energy+Consumption+Portfolio+in+a+Cross-Section+of+Countries%3A+Are+the+BRICs+Different%3F&rft.title=Explaining+the+Energy+Consumption+Portfolio+in+a+Cross-Section+of+Countries%3A+Are+the+BRICs+Different%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1015/ifdp1015.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1015 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Volatility, Money Market Rates, and the Transmission of Monetary Policy AN - 914786980; 2011-157423 AB - Central banks typically control an overnight interest rate as their policy tool, and the transmission of monetary policy happens through the relationship of this overnight rate to the rest of the yield curve. The expectations hypothesis, that longer-term rates should equal expected future short-term rates plus a term premium, provides the typical framework for understanding this relationship. This study explores the effect of volatility in the federal funds market on the expectations hypothesis in money markets. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Feb 2011, 35 pp. AU - Carpenter, Seth B AU - Demiralp, Selva Y1 - 2011/02// PY - 2011 DA - February 2011 PB - Board of Governors of the Federal Reserve System System KW - Banking and public and private finance - Investments and securities KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Central banks KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic policy, planning, and development KW - Interest rates KW - Central banks KW - Economic policy KW - Markets KW - Money market KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786980?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carpenter%2C+Seth+B%3BDemiralp%2C+Selva&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Volatility%2C+Money+Market+Rates%2C+and+the+Transmission+of+Monetary+Policy&rft.title=Volatility%2C+Money+Market+Rates%2C+and+the+Transmission+of+Monetary+Policy&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201122/201122pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-22 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - U.S. International Equity Investment and Past Prospective Returns AN - 1738474560; 2011-157440 AB - Counter to extant stylized facts, using newly available data on country allocations in US investors' foreign equity portfolios this study finds that (1) US investors do not exhibit returns-chasing behavior, but, consistent with partial portfolio rebalancing, tend to sell past winners and (2) US investors increase portfolio weights on a country's equity market just prior to its strong performance -- behavior inconsistent with an informational disadvantage. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Feb 2011, 27 pp. AU - Curcuru, Stephanie E AU - Thomas, Charles P AU - Warnock, Francis E AU - Wongswan, Jon Y1 - 2011/02// PY - 2011 DA - February 2011 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Ethics KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Personnel management KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - United States KW - Investors KW - Investments KW - Performance KW - Markets KW - Equity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474560?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Curcuru%2C+Stephanie+E%3BThomas%2C+Charles+P%3BWarnock%2C+Francis+E%3BWongswan%2C+Jon&rft.aulast=Curcuru&rft.aufirst=Stephanie&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=U.S.+International+Equity+Investment+and+Past+Prospective+Returns&rft.title=U.S.+International+Equity+Investment+and+Past+Prospective+Returns&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1016/ifdp1016.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1016 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Volatility, Money Market Rates, and the Transmission of Monetary Policy AN - 1738474375; 2011-157423 AB - Central banks typically control an overnight interest rate as their policy tool, and the transmission of monetary policy happens through the relationship of this overnight rate to the rest of the yield curve. The expectations hypothesis, that longer-term rates should equal expected future short-term rates plus a term premium, provides the typical framework for understanding this relationship. This study explores the effect of volatility in the federal funds market on the expectations hypothesis in money markets. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Feb 2011, 35 pp. AU - Carpenter, Seth B AU - Demiralp, Selva Y1 - 2011/02// PY - 2011 DA - February 2011 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Investments and securities KW - Banking and public and private finance - Public finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Central banks KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic policy, planning, and development KW - Interest rates KW - Central banks KW - Economic policy KW - Markets KW - Money market KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474375?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carpenter%2C+Seth+B%3BDemiralp%2C+Selva&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Volatility%2C+Money+Market+Rates%2C+and+the+Transmission+of+Monetary+Policy&rft.title=Volatility%2C+Money+Market+Rates%2C+and+the+Transmission+of+Monetary+Policy&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201122/201122pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-22 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - International Capital Flows and the Returns to Safe Assets in the United States, 2003-2007 AN - 1738473573; 2011-157442 AB - A broad array of domestic institutional factors -- including problems with the originate-to-distribute model for mortgage loans, deteriorating lending standards, deficiencies in risk management, conflicting incentives for the government sponsored enterprises (GSEs), and shortcomings of supervision and regulation -- were the primary sources of the US housing boom and bust and the associated financial crisis. This essay investigates further the effects of capital inflows to the US on US longer-term interest rates; however, it looks beyond the overall size of the inflows emphasized by the "global saving glut" hypothesis to examine the implications for US yields of the portfolio preferences of foreign creditors. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Feb 2011, 35 pp. AU - Bernanke, Ben S AU - Bertaut, Carol AU - DeMarco, Laurie Pounder AU - Kamin, Steven Y1 - 2011/02// PY - 2011 DA - February 2011 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Property and wealth KW - Social conditions and policy - Housing KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Accounting KW - Business and service sector - Business finance KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business management KW - Interest rates KW - United States KW - Finance KW - Assets KW - Housing KW - Loans KW - Capital KW - Regulation KW - Mortgages KW - Risk management KW - Saving KW - Standards KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473573?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bernanke%2C+Ben+S%3BBertaut%2C+Carol%3BDeMarco%2C+Laurie+Pounder%3BKamin%2C+Steven&rft.aulast=Bernanke&rft.aufirst=Ben&rft.date=2011-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=International+Capital+Flows+and+the+Returns+to+Safe+Assets+in+the+United+States%2C+2003-2007&rft.title=International+Capital+Flows+and+the+Returns+to+Safe+Assets+in+the+United+States%2C+2003-2007&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2011/1014/ifdp1014.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - International Finance Discussion Papers no. 1014 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The First Line of Defense: The Discount Window during the Early Stages of the Financial Crisis AN - 914786771; 2011-157422 AB - This paper develops a theoretical model of trading in the federal funds market that captures characteristics of discount window borrowing and the federal funds market during the first year of the financial crisis, including the narrowing of the spread between the discount rate and the target rate; the increased incidence of high-rate trading; and the decline in participation in the federal funds market. Bank-level data suggest that institutions that went to the discount window paid lower rates in the federal funds market than banks that did not. Tables, Figures. JF - Board of Governors of the Federal Reserve System System, Jan 25 2011, 38 pp. AU - Klee, Elizabeth Y1 - 2011/01/25/ PY - 2011 DA - 2011 Jan 25 PB - Board of Governors of the Federal Reserve System System KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Banking and public and private finance - Banking operations and services KW - Finance KW - Banking KW - Economic conditions KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914786771?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Klee%2C+Elizabeth&rft.aulast=Klee&rft.aufirst=Elizabeth&rft.date=2011-01-25&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+First+Line+of+Defense%3A+The+Discount+Window+during+the+Early+Stages+of+the+Financial+Crisis&rft.title=The+First+Line+of+Defense%3A+The+Discount+Window+during+the+Early+Stages+of+the+Financial+Crisis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201123/201123pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-23 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The First Line of Defense: The Discount Window during the Early Stages of the Financial Crisis AN - 1738474449; 2011-157422 AB - This paper develops a theoretical model of trading in the federal funds market that captures characteristics of discount window borrowing and the federal funds market during the first year of the financial crisis, including the narrowing of the spread between the discount rate and the target rate; the increased incidence of high-rate trading; and the decline in participation in the federal funds market. Bank-level data suggest that institutions that went to the discount window paid lower rates in the federal funds market than banks that did not. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Jan 25 2011, 38 pp. AU - Klee, Elizabeth Y1 - 2011/01/25/ PY - 2011 DA - 2011 Jan 25 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic conditions KW - Business and service sector - Business finance KW - Banking and public and private finance - Banking operations and services KW - Finance KW - Banking KW - Economic conditions KW - Markets KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474449?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Klee%2C+Elizabeth&rft.aulast=Klee&rft.aufirst=Elizabeth&rft.date=2011-01-25&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+First+Line+of+Defense%3A+The+Discount+Window+during+the+Early+Stages+of+the+Financial+Crisis&rft.title=The+First+Line+of+Defense%3A+The+Discount+Window+during+the+Early+Stages+of+the+Financial+Crisis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201123/201123pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-23 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Legal Entity Identifier: What Else Do You Need to Know? AN - 914787485; 2011-157415 AB - The passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act sparked discussion of creating a systematic code, a legal entity identifier (LEI), that uniquely identifies an entity. The information that is collected to accompany and describe the LEI will play an important role in enhancing the usefulness of the LEI. This paper explores the information (referred to as reference data) commonly used in datasets that describe entities and evaluates the usefulness of reference data elements for uniquely identifying an entity and for monitoring systemic risk in the financial industry. Tables. JF - Board of Governors of the Federal Reserve System System, 2011, 17 pp. AU - Powell, Linda F AU - Montoya, Mark AU - Shuvalov, Elena Y1 - 2011///0, PY - 2011 DA - 0, 2011 PB - Board of Governors of the Federal Reserve System System KW - Law and ethics - Law and jurisprudence KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Economic policy, planning, and development KW - Economic conditions and policy - Consumers and consumption KW - Banking and public and private finance - Stock and commodity exchanges KW - Social conditions and policy - Public safety and security KW - Risk KW - Economic change KW - Wall Street KW - Economic policy KW - Consumer protection KW - Legislation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/914787485?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Powell%2C+Linda+F%3BMontoya%2C+Mark%3BShuvalov%2C+Elena&rft.aulast=Powell&rft.aufirst=Linda&rft.date=2011-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Legal+Entity+Identifier%3A+What+Else+Do+You+Need+to+Know%3F&rft.title=Legal+Entity+Identifier%3A+What+Else+Do+You+Need+to+Know%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201131/201131pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2012-01-01 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-31 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings AN - 868223404; 2011-67196 AB - Using word content analysis on the time-series of IPO prospectuses, this report finds evidence that issuers trade off underpricing and strategic disclosure as potential hedges against litigation risk. This tradeoff explains a significant fraction of the variation in prospectus revision patterns, IPO underpricing, the partial adjustment phenomenon, and litigation outcomes. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System System, Jan 2011, 44 pp. AU - Hanley, Kathleen Weiss AU - Hoberg, Gerard Y1 - 2011/01// PY - 2011 DA - January 2011 PB - Board of Governors of the Federal Reserve System System KW - Business and service sector - Business finance KW - Administration of justice - Legal procedure KW - Banking and public and private finance - Credit, loans, and personal finance KW - Financial planning KW - Prices KW - Evidence KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/868223404?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hanley%2C+Kathleen+Weiss%3BHoberg%2C+Gerard&rft.aulast=Hanley&rft.aufirst=Kathleen&rft.date=2011-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Litigation+Risk%2C+Strategic+Disclosure+and+the+Underpricing+of+Initial+Public+Offerings&rft.title=Litigation+Risk%2C+Strategic+Disclosure+and+the+Underpricing+of+Initial+Public+Offerings&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201112/201112pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2011-05-18 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings AN - 1738474523; 2011-67196 AB - Using word content analysis on the time-series of IPO prospectuses, this report finds evidence that issuers trade off underpricing and strategic disclosure as potential hedges against litigation risk. This tradeoff explains a significant fraction of the variation in prospectus revision patterns, IPO underpricing, the partial adjustment phenomenon, and litigation outcomes. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jan 2011, 44 pp. AU - Hanley, Kathleen Weiss AU - Hoberg, Gerard Y1 - 2011/01// PY - 2011 DA - January 2011 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business finance KW - Administration of justice - Legal procedure KW - Banking and public and private finance - Credit, loans, and personal finance KW - Financial planning KW - Prices KW - Evidence KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474523?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hanley%2C+Kathleen+Weiss%3BHoberg%2C+Gerard&rft.aulast=Hanley&rft.aufirst=Kathleen&rft.date=2011-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Litigation+Risk%2C+Strategic+Disclosure+and+the+Underpricing+of+Initial+Public+Offerings&rft.title=Litigation+Risk%2C+Strategic+Disclosure+and+the+Underpricing+of+Initial+Public+Offerings&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201112/201112pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Plant-Level Responses to Antidumping Duties: Evidence from U.S. Manufacturers AN - 1738474499; 2011-157406 AB - Describes the effects of a temporary increase in tariffs on the performance and behavior of US manufacturers. The study finds that an apparent positive correlation between antidumping duties and traditional revenue productivity is likely misleading. For the subset of plants reporting quantity-based output data, increases in prices and markups artificially inflate the effect of antidumping duties on revenue productivity, while physical productivity actually falls, and the reallocation of resources from less productive factories to more productive uses is slowed. Tables, References. JF - Board of Governors of the Federal Reserve System, 2011, 35 pp. AU - Pierce, Justin R Y1 - 2011///0, PY - 2011 DA - 0, 2011 PB - Board of Governors of the Federal Reserve System KW - Trade and trade policy - Export-import trade KW - Manufacturing and heavy industry - Manufacturing and manufactured goods KW - Manufacturing and heavy industry - Industrial management, production, and productivity KW - Banking and public and private finance - Public finance KW - Business and service sector - Business finance KW - Trade and trade policy - Customs administration and duties KW - United States KW - Factories KW - Dumping (commercial policy) KW - Prices KW - Manufacturing KW - Tariff KW - Revenue KW - Productivity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474499?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pierce%2C+Justin+R&rft.aulast=Pierce&rft.aufirst=Justin&rft.date=2011-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Plant-Level+Responses+to+Antidumping+Duties%3A+Evidence+from+U.S.+Manufacturers&rft.title=Plant-Level+Responses+to+Antidumping+Duties%3A+Evidence+from+U.S.+Manufacturers&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201140/201140pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2011 N1 - SuppNotes - Finance and Economics Discussion ser. 2011-40 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Expected Real Return to Equity AN - 868222885; 2011-67198 AB - The expected return to equity -- typically measured as a historical average -- is a key variable in the decision making of investors. This study presents a novel method that estimates the expected return to equity using only observable data and finds the estimated expected real return to equity ranges from 4 to 5.5%. Furthermore, the analysis indicates that expected returns have declined by about 2 percentage points over the past forty years. These results indicate that future returns to equity may be lower than past realized returns. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System System, Dec 27 2010, 44 pp. AU - Warusawitharana, Missaka Y1 - 2010/12/27/ PY - 2010 DA - 2010 Dec 27 PB - Board of Governors of the Federal Reserve System System KW - Law and ethics - Ethics KW - Banking and public and private finance - Investments and securities KW - Investors KW - Equity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/868222885?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Warusawitharana%2C+Missaka&rft.aulast=Warusawitharana&rft.aufirst=Missaka&rft.date=2010-12-27&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Expected+Real+Return+to+Equity&rft.title=The+Expected+Real+Return+to+Equity&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201114/201114pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2011-05-18 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2010 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Expected Real Return to Equity AN - 1738474467; 2011-67198 AB - The expected return to equity -- typically measured as a historical average -- is a key variable in the decision making of investors. This study presents a novel method that estimates the expected return to equity using only observable data and finds the estimated expected real return to equity ranges from 4 to 5.5%. Furthermore, the analysis indicates that expected returns have declined by about 2 percentage points over the past forty years. These results indicate that future returns to equity may be lower than past realized returns. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Dec 27 2010, 44 pp. AU - Warusawitharana, Missaka Y1 - 2010/12/27/ PY - 2010 DA - 2010 Dec 27 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Ethics KW - Banking and public and private finance - Investments and securities KW - Investors KW - Equity KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738474467?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Warusawitharana%2C+Missaka&rft.aulast=Warusawitharana&rft.aufirst=Missaka&rft.date=2010-12-27&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Expected+Real+Return+to+Equity&rft.title=The+Expected+Real+Return+to+Equity&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201114/201114pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2010 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Did the Federal Reserve's MBS Purchase Program Lower Mortgage Rates? AN - 868223344; 2011-67185 AB - Employs empirical pricing models for mortgage-backed security (MBS) yields and for mortgage rates to measure deviations from normal market functioning in order to assess how the Federal Reserve MBS purchase program affected risk premiums that were embedded in mortgage and swap markets. The pricing models suggest that the announcement of the program, which signaled strong and credible government backing for mortgage markets in particular and for the financial system more generally, reduced mortgage rates by about 85 basis points between November 25 and December 31, 2008, even though no MBS had (yet) been purchased by the Federal Reserve. Tables, Figures, Appendixes. JF - Board of Governors of the Federal Reserve System System, Dec 10 2010, 37 pp. AU - Hancock, Diana AU - Passmore, Wayne Y1 - 2010/12/10/ PY - 2010 DA - 2010 Dec 10 PB - Board of Governors of the Federal Reserve System System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Business finance KW - Finance KW - Federal reserve system KW - Markets KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/868223344?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hancock%2C+Diana%3BPassmore%2C+Wayne&rft.aulast=Hancock&rft.aufirst=Diana&rft.date=2010-12-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Did+the+Federal+Reserve%27s+MBS+Purchase+Program+Lower+Mortgage+Rates%3F&rft.title=Did+the+Federal+Reserve%27s+MBS+Purchase+Program+Lower+Mortgage+Rates%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201101/201101pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2011-05-18 N1 - Publication note - Board of Governors of the Federal Reserve System System, 2010 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Did the Federal Reserve's MBS Purchase Program Lower Mortgage Rates? AN - 1738473524; 2011-67185 AB - Employs empirical pricing models for mortgage-backed security (MBS) yields and for mortgage rates to measure deviations from normal market functioning in order to assess how the Federal Reserve MBS purchase program affected risk premiums that were embedded in mortgage and swap markets. The pricing models suggest that the announcement of the program, which signaled strong and credible government backing for mortgage markets in particular and for the financial system more generally, reduced mortgage rates by about 85 basis points between November 25 and December 31, 2008, even though no MBS had (yet) been purchased by the Federal Reserve. Tables, Figures, Appendixes. JF - Board of Governors of the Federal Reserve System, Dec 10 2010, 37 pp. AU - Hancock, Diana AU - Passmore, Wayne Y1 - 2010/12/10/ PY - 2010 DA - 2010 Dec 10 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Business and service sector - Markets, marketing, and merchandising KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Business and service sector - Business finance KW - Finance KW - Federal reserve system KW - Markets KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473524?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Hancock%2C+Diana%3BPassmore%2C+Wayne&rft.aulast=Hancock&rft.aufirst=Diana&rft.date=2010-12-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Did+the+Federal+Reserve%27s+MBS+Purchase+Program+Lower+Mortgage+Rates%3F&rft.title=Did+the+Federal+Reserve%27s+MBS+Purchase+Program+Lower+Mortgage+Rates%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201101/201101pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2010 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - On the Behavior and Determinants of Risk-Based Capital Ratios: Revisiting the Evidence from UK Banking Institutions* AN - 954607721; 14099762 AB - ABSTRACTUsing bank-level panel data from the United Kingdom, this paper investigates the factors that influence banks' choice of risk-based capital ratios. The study focuses on evaluating the role of regulatory capital requirements. Findings indicate that such requirements, even when not binding, affect banks' capital management practices and suggest that banks maintain targeted buffers above regulatory thresholds. That behavior differs across several dimensions, including bank size, nearness to regulatory minimum, reliance on core (equity) capital and exposure to market discipline. Capital ratios also vary over the economic cycle. These findings have implications for the ongoing review of international capital standards. JF - International Review of Finance AU - Francis, William B AU - Osborne, Matthew AD - Division of Banking Supervision and Regulation, Board of Governors of the Federal Reserve System, Washington, DC Y1 - 2010/12// PY - 2010 DA - Dec 2010 SP - 485 EP - 518 PB - Wiley-Blackwell, 111 River Street Hoboken NJ 07030-5774 USA VL - 10 IS - 4 SN - 1369-412X, 1369-412X KW - Risk Abstracts KW - Behavior KW - Economics KW - International standardization KW - Reviews KW - banking KW - buffers KW - British Isles KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/954607721?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=International+Review+of+Finance&rft.atitle=On+the+Behavior+and+Determinants+of+Risk-Based+Capital+Ratios%3A+Revisiting+the+Evidence+from+UK+Banking+Institutions*&rft.au=Francis%2C+William+B%3BOsborne%2C+Matthew&rft.aulast=Francis&rft.aufirst=William&rft.date=2010-12-01&rft.volume=10&rft.issue=4&rft.spage=485&rft.isbn=&rft.btitle=&rft.title=International+Review+of+Finance&rft.issn=1369412X&rft_id=info:doi/10.1111%2Fj.1468-2443.2010.01112.x LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2012-03-01 N1 - Number of references - 19 N1 - Last updated - 2012-06-18 N1 - SubjectsTermNotLitGenreText - Behavior; buffers; Reviews; Economics; banking; International standardization; British Isles DO - http://dx.doi.org/10.1111/j.1468-2443.2010.01112.x ER - TY - JOUR T1 - Credit impairment and housing tenure status AN - 755158886; 4001628 AB - We revisit the relationship between financing constraints and homeownership rates using the 2004 wave of the 1979 National Longitudinal Survey of Youth. The survey respondents are a nationally representative sample of Americans 39-47years of age as of this wave. As most of the sample had been in their current residence prior to 2004, this study reflects housing tenure status decisions made prior to the recent credit expansion and subsequent crisis. Past research has emphasized wealth constraints, and income constraints as limiting homeownership. The estimation results here point to primary roles for credit impairment and lack of credit history. We also find that excluding controls for the endogeneity of wealth and income may mask the impact of credit factors. All rights reserved, Elsevier JF - Journal of housing economics AU - Calem, P S AU - Firestone, Simon AU - Wachter, S M AD - Federal Reserve System Y1 - 2010/09// PY - 2010 DA - Sep 2010 SP - 219 EP - 232 VL - 19 IS - 3 SN - 1051-1377, 1051-1377 KW - Economics KW - Financial crisis KW - Housing finance KW - Home ownership KW - Credit systems KW - Surveys KW - Estimation KW - U.S.A. KW - Access to credit KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/755158886?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+housing+economics&rft.atitle=Credit+impairment+and+housing+tenure+status&rft.au=Calem%2C+P+S%3BFirestone%2C+Simon%3BWachter%2C+S+M&rft.aulast=Calem&rft.aufirst=P&rft.date=2010-09-01&rft.volume=19&rft.issue=3&rft.spage=219&rft.isbn=&rft.btitle=&rft.title=Journal+of+housing+economics&rft.issn=10511377&rft_id=info:doi/10.1016%2Fj.jhe.2010.07.003 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6058 4908; 512 2992; 5947 9079; 12429; 8299; 4920 3904; 3006 2992; 4403 7854; 433 293 14 DO - http://dx.doi.org/10.1016/j.jhe.2010.07.003 ER - TY - JOUR T1 - An Economic Approach to Capital Allocation AN - 754875135; 13246780 AB - AbstractThis article starts with primitive assumptions on preferences and risk. It then derives prices consistent with a social optimum within an insurance company and the consumer-level capital allocation implied therein. The allocation 'adds up' to the total capital of the firm (a result echoing findings in the congestion pricing literature-where optimal tolls exactly cover the rental cost of the highway). The allocation follows each consumer's share of recoveries in states of insurer default, weighted by the severity of the default in terms of welfare impact. However, the article argues that an economic approach technically restricts only the capital allocated to marginal units of coverage: inframarginal units could in principle receive different allocations. JF - Journal of Risk and Insurance AU - Zanjani, George AD - *George Zanjani is in the Department of Risk Management and Insurance at Georgia State University. The author thanks Michael Suher for research assistance, and seminar participants at the Federal Reserve Bank of New York and the 2008 Risk Theory Seminar for helpful comments. The author also thanks two anonymous referees and Georges Dionne (the editor). The views expressed in this article are those of the author and do not necessarily reflect the position of the Federal Reserve Bank of New York, the Federal Reserve System, or Georgia State University. The author can be contacted via e-mail: gzanjani[AT]gsu.edu. Y1 - 2010/09// PY - 2010 DA - Sep 2010 SP - 523 EP - 549 PB - Wiley-Blackwell, 111 River Street Hoboken NJ 07030-5774 USA VL - 77 IS - 3 SN - 0022-4367, 0022-4367 KW - Risk Abstracts KW - pricing KW - Economics KW - Insurance KW - Highways KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/754875135?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Risk+and+Insurance&rft.atitle=An+Economic+Approach+to+Capital+Allocation&rft.au=Zanjani%2C+George&rft.aulast=Zanjani&rft.aufirst=George&rft.date=2010-09-01&rft.volume=77&rft.issue=3&rft.spage=523&rft.isbn=&rft.btitle=&rft.title=Journal+of+Risk+and+Insurance&rft.issn=00224367&rft_id=info:doi/10.1111%2Fj.1539-6975.2010.01354.x LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2010-08-01 N1 - Last updated - 2011-12-14 N1 - SubjectsTermNotLitGenreText - pricing; Economics; Highways; Insurance DO - http://dx.doi.org/10.1111/j.1539-6975.2010.01354.x ER - TY - JOUR T1 - Whither the liquidity effect: the impact of Federal Reserve open market operations in recent years AN - 753840526; 3998611 AB - Previous research indicated that the daily liquidity effect, or the change in the federal funds rate associated with an exogenous change in Fed balances, varies with several factors including the day of the maintenance period. In this paper, we examine data from 1998 to 2007, the recent period of increased Federal Reserve transparency before the financial crisis, and find that the liquidity effect stabilized across days of the maintenance period. We conclude that the liquidity effect may be a function of the uncertainty about banks' end-of-day balances, as well as pure maintenance period effects. Moreover, we find that increased transparency led to a larger liquidity effect on the days prior to an FOMC meeting. All rights reserved, Elsevier JF - Journal of macroeconomics AU - Judson, R A AU - Klee, Elizabeth AD - Federal Reserve System Y1 - 2010/09// PY - 2010 DA - Sep 2010 SP - 713 EP - 731 VL - 32 IS - 3 SN - 0164-0704, 0164-0704 KW - Economics KW - Transparency KW - Interest rates KW - Liquidity KW - Central banks KW - Uncertainty KW - Open market operations KW - Economic stability KW - Regulation KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/753840526?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+macroeconomics&rft.atitle=Whither+the+liquidity+effect%3A+the+impact+of+Federal+Reserve+open+market+operations+in+recent+years&rft.au=Judson%2C+R+A%3BKlee%2C+Elizabeth&rft.aulast=Judson&rft.aufirst=R&rft.date=2010-09-01&rft.volume=32&rft.issue=3&rft.spage=713&rft.isbn=&rft.btitle=&rft.title=Journal+of+macroeconomics&rft.issn=01640704&rft_id=info:doi/10.1016%2Fj.jmacro.2010.01.005 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8945; 2113 1477 4930 6590; 7446; 6637 6632; 12934 525 9705; 13078; 4007 3898; 10742; 433 293 14 DO - http://dx.doi.org/10.1016/j.jmacro.2010.01.005 ER - TY - BOOK T1 - Differences across Originators in CMBS Loan Underwriting AN - 1738473578; 2011-67189 AB - Differences in the organizational structure of CMBS loan originators may reflect differences in the incentives they face for underwriting risky loans. This study treats an originator's type -- that is, commercial bank, investment bank, insurance company, finance company, conduit lender, or foreign-owned entity -- as a proxy for incentives related to warehousing risk, balance sheet lending, and regulatory constraints. After controlling for observable credit characteristics of over 30,000 loans securitized into CMBS after 1999, it finds considerable differences in loan performance across originator types. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, Sep 2010, 33 pp. AU - Black, Lamont K AU - Chu, Chenghuan Sean AU - Cohen, Andrew AU - Nichols, Joseph B Y1 - 2010/09// PY - 2010 DA - September 2010 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Banking and public and private finance - Banking operations and services KW - Banking and public and private finance - Banks and other financial institutions KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Investments and securities KW - Investments KW - Finance companies KW - Loans KW - Credit KW - Balance sheets KW - Regulation KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738473578?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Black%2C+Lamont+K%3BChu%2C+Chenghuan+Sean%3BCohen%2C+Andrew%3BNichols%2C+Joseph+B&rft.aulast=Black&rft.aufirst=Lamont&rft.date=2010-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Differences+across+Originators+in+CMBS+Loan+Underwriting&rft.title=Differences+across+Originators+in+CMBS+Loan+Underwriting&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2011/201105/201105pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2010 N1 - SuppNotes - Finance and Economics Discussion ser., Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, DC N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - How biased are measures of cyclical movements in productivity and hours? AN - 1022116688; 4305542 AB - The movement of hours worked over the business cycle is an important input into the estimation of many key parameters in macroeconomics. Unfortunately, the available data on hours do not correspond precisely to the concept required for accurate inference. We study one source of mismeasurement-that the most commonly used source data measure hours paid instead of hours worked. In particular, we focus our attention on salaried workers, a group for whom the gap between hours paid and hours worked is likely to be large. We show that the measurement gap varies significantly and positively with changes in labor demand. As a result, we estimate that the standard deviations of the workweek and of total hours worked are 27 and 5 percent larger, respectively, than published measures of hours suggest. We also find that this measurement gap is unlikely to be the source of the acceleration in published measures of productivity in the early 2000s. Reprinted by permission of International Association for Research in Income and Wealth JF - Review of income and wealth AU - Figura, Andrew AU - Aaronson, Stephanie AD - Federal Reserve System Y1 - 2010/09// PY - 2010 DA - Sep 2010 SP - 539 EP - 558 VL - 56 IS - 3 SN - 0034-6586, 0034-6586 KW - Economics KW - Productivity measurement KW - Labour economics KW - Productivity growth KW - Macroeconomics KW - Estimation KW - U.S.A. KW - Cyclical analysis KW - Bias KW - Hours of work UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1022116688?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+income+and+wealth&rft.atitle=How+biased+are+measures+of+cyclical+movements+in+productivity+and+hours%3F&rft.au=Figura%2C+Andrew%3BAaronson%2C+Stephanie&rft.aulast=Figura&rft.aufirst=Andrew&rft.date=2010-09-01&rft.volume=56&rft.issue=3&rft.spage=539&rft.isbn=&rft.btitle=&rft.title=Review+of+income+and+wealth&rft.issn=00346586&rft_id=info:doi/10.1111%2Fj.1475-4991.2010.00401.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7585 4025; 10283 7854; 10282 3939; 6023 13725 13713 4214; 7142 4025 7585; 1565 1362 2688 2449 10404; 4403 7854; 3245 971; 433 293 14 DO - http://dx.doi.org/10.1111/j.1475-4991.2010.00401.x ER - TY - JOUR T1 - Distributional preferences and the incidence of costs and benefits in climate change policy AN - 753840610; 3998636 AB - We explore the relationship between willingness to pay (WTP) for climate change mitigation and distributional preferences, by which we mean individuals' opinions about who should be responsible for climate change prevention and whether the share of climate change impacts borne by the poor is a cause for concern. We use 1,770 responses to an online stated preference survey. The domestic costs in our survey's policy choice scenarios are expressed as a set of randomized shares across four different payment vehicles, and the international cost shares are randomized across four groups of countries. We also elicit respondents' perceptions of the likely regressivity of climate change impacts under a policy of business-as-usual. WTP is higher when larger cost shares are borne by parties deemed to bear a greater responsibility for mitigation, and when respondents believe (and care) that the impacts of climate change may be borne disproportionately by the world's poor. That WTP for an environmental policy depends on the distributional consequences of the policy is an unsettling result: efficiency assessments are typically assumed to be separate from equity considerations in most benefit-cost analyses. Reprinted by permission of Springer JF - Environmental and resource economics AU - Cai, Beilei AU - Cameron, Trudy Ann AU - Gerdes, Geoffrey R AD - University of Oregon ; Federal Reserve System Y1 - 2010/08// PY - 2010 DA - Aug 2010 SP - 429 EP - 458 VL - 46 IS - 4 SN - 0924-6460, 0924-6460 KW - Economics KW - Prevention KW - Preferences KW - Cost analysis KW - Distribution KW - Climate change KW - Payment systems KW - Willingness-to-pay KW - Environmental policy KW - Equity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/753840610?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Environmental+and+resource+economics&rft.atitle=Distributional+preferences+and+the+incidence+of+costs+and+benefits+in+climate+change+policy&rft.au=Cai%2C+Beilei%3BCameron%2C+Trudy+Ann%3BGerdes%2C+Geoffrey+R&rft.aulast=Cai&rft.aufirst=Beilei&rft.date=2010-08-01&rft.volume=46&rft.issue=4&rft.spage=429&rft.isbn=&rft.btitle=&rft.title=Environmental+and+resource+economics&rft.issn=09246460&rft_id=info:doi/10.1007%2Fs10640-010-9348-7 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 2382 2381 8560 9511 4309 4313; 4380; 4336 5574 10472; 13567 13219 13221; 10016; 3641 12233; 10072; 2920 971 2934 3883; 9294 9295 DO - http://dx.doi.org/10.1007/s10640-010-9348-7 ER - TY - JOUR T1 - Trade elasticity of substitution and equilibrium dynamics AN - 753825465; 3991839 AB - The empirical literature provides a wide range of estimates for trade elasticities at the aggregate level. Recent contributions in international macroeconomics suggest that low (implied) values of the trade elasticity may play an important role in understanding the disconnect between international prices and real variables. However, a standard model of the international business cycle displays multiple locally isolated equilibria if the trade is sufficiently low. The main contribution of this paper is to compute and characterize some dynamic properties of these equilibria. In simulations, the presence of multiple equilibria is shown to imply a volatile and persistent real exchange rate. All rights reserved, Elsevier JF - Journal of economic theory AU - Bodenstein, M AD - Federal Reserve System Y1 - 2010/05// PY - 2010 DA - May 2010 SP - 1033 EP - 1059 VL - 145 IS - 3 SN - 0022-0531, 0022-0531 KW - Economics KW - Price level KW - Trade relations KW - Trade flows KW - Economic equilibrium KW - Business cycles KW - International economics KW - Exchange rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/753825465?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+theory&rft.atitle=Trade+elasticity+of+substitution+and+equilibrium+dynamics&rft.au=Bodenstein%2C+M&rft.aulast=Bodenstein&rft.aufirst=M&rft.date=2010-05-01&rft.volume=145&rft.issue=3&rft.spage=1033&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+theory&rft.issn=00220531&rft_id=info:doi/10.1016%2Fj.jet.2010.01.008 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6725 4025; 1850; 12826 12812; 12847 12812; 3927 4375; 10090; 4587 DO - http://dx.doi.org/10.1016/j.jet.2010.01.008 ER - TY - JOUR T1 - The importance of business owners in assessing the size of precautionary savings AN - 743803922; 3969099 AB - Not properly accounting for differences between business owners and nonbusiness owners in studies of household wealth can lead to erroneous conclusions about the significance of different saving motives. Using data from the Panel Study of Income Dynamics from the 1980s and 1990, we show that within samples of both business owners and nonbusiness owners, the amount of precautionary savings with respect to labor income risk is modest and accounts for less than 10% of total household wealth. Previous large estimates of the size of precautionary balances resulted from pooling these two groups together. Such pooling is inappropriate given that business owners face higher labor risk and accumulate more wealth than non-business owners for reasons unrelated to precautionary motives. Reprinted by permission of the MIT Press JF - Review of economics and statistics AU - Hurst, Erik AU - Lusardi, Annamaria AU - Kennickell, Arthur AU - Torralba, Francisco AD - University of Chicago ; Dartmouth College ; Federal Reserve System Y1 - 2010/02// PY - 2010 DA - Feb 2010 SP - 61 EP - 69 VL - XCII IS - 1 SN - 0034-6535, 0034-6535 KW - Economics KW - Household savings KW - Savings KW - Household budgets KW - Macroeconomics KW - Ownership and control KW - Enterprises KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/743803922?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+economics+and+statistics&rft.atitle=The+importance+of+business+owners+in+assessing+the+size+of+precautionary+savings&rft.au=Hurst%2C+Erik%3BLusardi%2C+Annamaria%3BKennickell%2C+Arthur%3BTorralba%2C+Francisco&rft.aulast=Hurst&rft.aufirst=Erik&rft.date=2010-02-01&rft.volume=XCII&rft.issue=1&rft.spage=61&rft.isbn=&rft.btitle=&rft.title=Review+of+economics+and+statistics&rft.issn=00346535&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7585 4025; 11280 8235; 4300; 9080 9079; 6031 1811 4937 7625; 6039 11280 8235; 433 293 14 ER - TY - CPAPER T1 - Federal Reserve Monetary Policy in the Short-and Long-Run T2 - 2010 Allied Social Sciences Association Annual Meeting (ASSA 2010) AN - 42300880; 5634982 JF - 2010 Allied Social Sciences Association Annual Meeting (ASSA 2010) AU - Kohn, Donald Y1 - 2010/01/03/ PY - 2010 DA - 2010 Jan 03 KW - Economics KW - Policies KW - Potential resources KW - U 7000:Multidisciplinary UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/42300880?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2010+Allied+Social+Sciences+Association+Annual+Meeting+%28ASSA+2010%29&rft.atitle=Federal+Reserve+Monetary+Policy+in+the+Short-and+Long-Run&rft.au=Kohn%2C+Donald&rft.aulast=Kohn&rft.aufirst=Donald&rft.date=2010-01-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2010+Allied+Social+Sciences+Association+Annual+Meeting+%28ASSA+2010%29&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2010-04-06 N1 - Last updated - 2010-05-03 ER - TY - CPAPER T1 - Bank Capital, Borrower Power, and Loan Rates T2 - 2010 Allied Social Sciences Association Annual Meeting (ASSA 2010) AN - 42300465; 5635155 JF - 2010 Allied Social Sciences Association Annual Meeting (ASSA 2010) AU - Santos, Joao AU - Winton, Andrew Y1 - 2010/01/03/ PY - 2010 DA - 2010 Jan 03 KW - Loans KW - U 7000:Multidisciplinary UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/42300465?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2010+Allied+Social+Sciences+Association+Annual+Meeting+%28ASSA+2010%29&rft.atitle=Bank+Capital%2C+Borrower+Power%2C+and+Loan+Rates&rft.au=Santos%2C+Joao%3BWinton%2C+Andrew&rft.aulast=Santos&rft.aufirst=Joao&rft.date=2010-01-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2010+Allied+Social+Sciences+Association+Annual+Meeting+%28ASSA+2010%29&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2010-04-06 N1 - Last updated - 2010-05-03 ER - TY - CPAPER T1 - Do Financial Counseling Mandates Improve Mortgage Choice and Performance? Evidence from a Legislative Experiment T2 - 2010 Allied Social Sciences Association Annual Meeting (ASSA 2010) AN - 42299211; 5636234 JF - 2010 Allied Social Sciences Association Annual Meeting (ASSA 2010) AU - Agarwal, Sumit AU - Amromin, Gene AU - Chomsisengphet, Souphala AU - Evanoff, Douglas Y1 - 2010/01/03/ PY - 2010 DA - 2010 Jan 03 KW - Legislation KW - Loans KW - U 7000:Multidisciplinary UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/42299211?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2010+Allied+Social+Sciences+Association+Annual+Meeting+%28ASSA+2010%29&rft.atitle=Do+Financial+Counseling+Mandates+Improve+Mortgage+Choice+and+Performance%3F+Evidence+from+a+Legislative+Experiment&rft.au=Agarwal%2C+Sumit%3BAmromin%2C+Gene%3BChomsisengphet%2C+Souphala%3BEvanoff%2C+Douglas&rft.aulast=Agarwal&rft.aufirst=Sumit&rft.date=2010-01-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2010+Allied+Social+Sciences+Association+Annual+Meeting+%28ASSA+2010%29&rft.issn=&rft_id=info:doi/ L2 - http://www.aeaweb.org/aea/conference/program/preliminary.php LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2010-04-06 N1 - Last updated - 2010-05-03 ER - TY - JOUR T1 - Classifying applicants for fair lending analyses: what do the data have to say? AN - 876184249; 4210562 AB - Testing for discrimination in mortgage lending requires classifying consumers into treatment and control groups. Classification is quite complicated, because Home Mortgage Disclosure Act (HMDA) data, the primary source of data for these analyses, contain information on the ethnicity, race, and gender for both primary and coapplicants. In addition, applicants have the option of reporting multiple races. Using these detailed data to construct standard groups, such as "Black", "Hispanic", and "White" requires subjective decisions on how to aggregate applications. This study uses a data-driven approach to classify applications, minimizing subjectivity. Using HMDA data, as well as data from a recent examination conducted by the Office of the Comptroller of the Currency, we disaggregated applications into the most basic subsets possible. Our objectives are to better understand the characteristics of applicants, analyze variation in denial rates across underlying subsets of applications, and develop a data-driven classification strategy feasible for fair lending analyses. Adapted from the source document. Reprinted by permission of IOS Press JF - Journal of economic and social measurement AU - Dietrich, Jason AD - Federal Reserve System Y1 - 2010 PY - 2010 DA - 2010 SP - 231 EP - 253 VL - 35 IS - 3-4 SN - 0747-9662, 0747-9662 KW - Economics KW - Racism KW - Classification KW - Housing KW - Ethnicity KW - Loans KW - Mortgage credit KW - Race KW - Discrimination KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/876184249?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+and+social+measurement&rft.atitle=Classifying+applicants+for+fair+lending+analyses%3A+what+do+the+data+have+to+say%3F&rft.au=Dietrich%2C+Jason&rft.aulast=Dietrich&rft.aufirst=Jason&rft.date=2010-01-01&rft.volume=35&rft.issue=3-4&rft.spage=231&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+and+social+measurement&rft.issn=07479662&rft_id=info:doi/10.3233%2FJEM-2010-0335 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7487 4577 3872 554 971; 6045 5706; 10555 6091; 10575 10566 3612 3549 2688 2449 10404 9680; 4435; 3612 3549 2688 2449 10404; 2360 2688 2449 10404; 8294 2992; 433 293 14 DO - http://dx.doi.org/10.3233/JEM-2010-0335 ER - TY - JOUR T1 - How Large Has the Federal Financial Safety Net Become? AN - 856399342; 2011-53791 AB - Legislative and regulatory actions taken in response to the financial turmoil that occurred between 2007-2009 expanded the extent to which financial institution liabilities were protected by federal government guarantees, i.e., these actions expanded the federal financial safety net. How large has the safety net become? Walter and Weinberg (2002) measured and examined the size of the safety net as it stood in 1999. We estimate the size of the safety, net as of the end of 2009, after the creation of a number of government programs meant to back financial liabilities. We use methods similar to those employed by Walter and Weinberg and find that the safety net has expanded significantly. We briefly describe our results and provide tables detailing them. Adapted from the source document. JF - Federal Reserve Bank of Richmond Economic Quarterly AU - Malysheva, Nadezhda AU - Walter, John R AD - Federal Reserve Bank of Richmond or the Federal Reserve System Y1 - 2010///0, PY - 2010 DA - 0, 2010 SP - 273 EP - 290 PB - Federal Reserve Bank of Richmond, VA VL - 96 IS - 3 SN - 1069-7225, 1069-7225 KW - Social conditions and policy - Social policy and social development KW - Government - Forms of government KW - Law and ethics - Liability, torts, and personal injury KW - United States KW - Federal government KW - Liability KW - Social policy KW - Size KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/856399342?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+Bank+of+Richmond+Economic+Quarterly&rft.atitle=How+Large+Has+the+Federal+Financial+Safety+Net+Become%3F&rft.au=Malysheva%2C+Nadezhda%3BWalter%2C+John+R&rft.aulast=Malysheva&rft.aufirst=Nadezhda&rft.date=2010-01-01&rft.volume=96&rft.issue=3&rft.spage=273&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+Bank+of+Richmond+Economic+Quarterly&rft.issn=10697225&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2011-03-07 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Social policy; Federal government; United States; Size; Liability ER - TY - JOUR T1 - Model uncertainty and macroeconomics AN - 743813076; 3967592 JF - Journal of applied econometrics AU - Clark, T E AU - McCracken, M W AU - Korenok, O AU - Radchenko, S AU - Swanson, N R AU - Fukac, M AU - Pagan, A AU - Banbura, M AU - Giannone, D AU - Reichlin, L AU - Justiniano, A AU - Preston, B AU - Edge, R M AU - Laubach, T AU - Williams, J C AU - Onatski, A AU - Williams, N AU - Lubik, T A AU - Surico, P AD - Federal Reserve Bank of Kansas City ; Federal Reserve Bank of St. Louis ; Virginia Commonwealth University ; University of North Carolina, Charlotte ; Rutgers, The State University of New Jersey ; Reserve Bank of New Zealand ; Queensland University of Technology ; European Central Bank ; London Business School ; Federal Reserve Bank of Chicago ; Columbia University ; Federal Reserve System ; Johann Wolfgang Goethe-Universität Frankfurt am Main ; Federal Reserve Bank of San Francisco ; University of Wisconsin, Madison ; Federal Reserve Bank of Richmond Y1 - 2010/01// PY - 2010 DA - Jan 2010 SP - 1 EP - 194 VL - 25 IS - 1 SN - 0883-7252, 0883-7252 KW - Economics KW - Neokeynesianism KW - Model testing KW - Applied general equilibrium models KW - Sticky prices KW - Econometrics KW - Monetary policy KW - Australia KW - Open economies KW - Vector-autoregressive models KW - Taylor rule KW - Economic forecasts KW - Inflation KW - Macroeconomics KW - U.S.A. KW - Interest rate policy KW - Bayesian method KW - Output gap KW - Stochastic models KW - Canada KW - Output rate KW - Monetary models KW - Econometric models KW - Information dissemination KW - New Zealand UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/743813076?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+applied+econometrics&rft.atitle=Model+uncertainty+and+macroeconomics&rft.au=Clark%2C+T+E%3BMcCracken%2C+M+W%3BKorenok%2C+O%3BRadchenko%2C+S%3BSwanson%2C+N+R%3BFukac%2C+M%3BPagan%2C+A%3BBanbura%2C+M%3BGiannone%2C+D%3BReichlin%2C+L%3BJustiniano%2C+A%3BPreston%2C+B%3BEdge%2C+R+M%3BLaubach%2C+T%3BWilliams%2C+J+C%3BOnatski%2C+A%3BWilliams%2C+N%3BLubik%2C+T+A%3BSurico%2C+P&rft.aulast=Clark&rft.aufirst=T&rft.date=2010-01-01&rft.volume=25&rft.issue=1&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=Journal+of+applied+econometrics&rft.issn=08837252&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Collection of 8 articles N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3865 4025; 3864 8163; 7585 4025; 1164 4377 5436 4375; 8160 8163; 13258 3864 8163 10739 12228 10919; 9060 10280; 6500 8206 7585 4025; 3937 5163; 12255 10107; 8619; 6520; 12263 8163; 1512 3865 4025; 12580; 8943; 9057 10280; 8217 3977 5574 10472; 8215 8163; 6636 8217 3977 5574 10472; 34 309; 75 293 14; 286 309; 433 293 14 ER - TY - JOUR T1 - Welfare-maximizing monetary policy under parameter uncertainty AN - 743803312; 3967420 AB - This paper examines welfare-maximizing monetary policy in an estimated micro-founded general equilibrium model of the US economy where the policymaker faces uncertainty about model parameters. Uncertainty about parameters describing preferences and technology implies uncertainty about the model's dynamics, utility-based welfare criterion and the 'natural' rates of output and interest that would prevail absent nominal rigidities. We estimate the degree of uncertainty regarding natural rates due to parameter uncertainty. We find that optimal Taylor rules under parameter uncertainty respond less to the output gap and more to price inflation than would be optimal absent parameter uncertainty. We also show that policy rules that focus solely on stabilizing wages and prices yield welfare outcomes very close to the first-best. Copyright John Wiley & Sons. Reproduced with Permission. An electronic version of this article is available online at http://www.interscience.wiley.com JF - Journal of applied econometrics AU - Edge, R M AU - Laubach, T AU - Williams, J C AD - Federal Reserve System ; Johann Wolfgang Goethe-Universität Frankfurt am Main ; Federal Reserve Bank of San Francisco Y1 - 2010/01// PY - 2010 DA - Jan 2010 SP - 129 EP - 144 VL - 25 IS - 1 SN - 0883-7252, 0883-7252 KW - Economics KW - Output gap KW - Uncertainty KW - Model testing KW - Applied general equilibrium models KW - Macroeconomics KW - Econometrics KW - Econometric models KW - U.S.A. KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/743803312?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+applied+econometrics&rft.atitle=Welfare-maximizing+monetary+policy+under+parameter+uncertainty&rft.au=Edge%2C+R+M%3BLaubach%2C+T%3BWilliams%2C+J+C&rft.aulast=Edge&rft.aufirst=R&rft.date=2010-01-01&rft.volume=25&rft.issue=1&rft.spage=129&rft.isbn=&rft.btitle=&rft.title=Journal+of+applied+econometrics&rft.issn=08837252&rft_id=info:doi/10.1002%2Fjae.1136 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3865 4025; 3864 8163; 7585 4025; 1164 4377 5436 4375; 8160 8163; 13078; 8217 3977 5574 10472; 9057 10280; 433 293 14 DO - http://dx.doi.org/10.1002/jae.1136 ER - TY - BOOK T1 - Mergers and Sequential Innovation: Evidence from Patent Citations AN - 742951391; 2010-520588 AB - An extensive literature has investigated the effect of market structure on innovation. A persistent concern is that market structure may be endogenous to innovation. Firms may choose to merge so as to capture information spillovers, or they may choose to merge so as to dampen competition in innovation. These two scenarios have very different welfare implications; and this paper attempts to distinguish between the two scenarios empirically, looking at recent mergers among public companies in the US. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jan 2010, 16 pp. AU - Stahl, Jessica Calfee Y1 - 2010/01// PY - 2010 DA - January 2010 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - United States KW - Economic conditions KW - Markets KW - Competition KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/742951391?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Stahl%2C+Jessica+Calfee&rft.aulast=Stahl&rft.aufirst=Jessica&rft.date=2010-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Mergers+and+Sequential+Innovation%3A+Evidence+from+Patent+Citations&rft.title=Mergers+and+Sequential+Innovation%3A+Evidence+from+Patent+Citations&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2010/201012/201012pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2010 N1 - SuppNotes - Finance and Economics Discussion ser. no. 2010-12 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Firms' Relative Sensitivity to Aggregate Shocks and the Dynamics of Gross Job Flows AN - 58830250; 2008-442961 AB - Proposes a measure for the importance of aggregate shocks for fluctuations in job flows at the firm level. Using data for the Portuguese economy, the study found that large and old firms exhibit higher relative sensitivity to aggregate shocks and have a disproportional influence over the dynamics of aggregate job reallocation. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Nov 2009, 16 pp. AU - Pinto, Eugenio P Y1 - 2009/11// PY - 2009 DA - November 2009 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Labor conditions and policy - Employment and labor supply KW - Economic conditions and policy - Economic theory KW - Portugal KW - Business conditions KW - Macroeconomics KW - Employment KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58830250?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Pinto%2C+Eugenio+P&rft.aulast=Pinto&rft.aufirst=Eugenio&rft.date=2009-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Firms%27+Relative+Sensitivity+to+Aggregate+Shocks+and+the+Dynamics+of+Gross+Job+Flows&rft.title=Firms%27+Relative+Sensitivity+to+Aggregate+Shocks+and+the+Dynamics+of+Gross+Job+Flows&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200902/200902pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-02 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Market Structure after Horizontal Mergers: Evidence from the Banking Industry AN - 58826896; 2008-425317 AB - Antitrust agencies use measures of market structure to evaluate the likely competitive effects of proposed mergers, but little is known about how measures of market structure change over time, particularly after consummation of mergers and acquisitions. This paper analyzes the changes in market structure 3 and 5 years after mergers in the US banking industry. Our analysis suggests that concentration decreases and the number of banks increases in banking markets where mergers resulted in high concentration levels. In markets where the level of concentration changed by a relatively large amount, our findings are more ambiguous, as the level of concentration decreases, but no effect is found on the number of competitors. Adapted from the source document. JF - Review of Industrial Organization AU - Adams, Robert M AU - Johnson, Richard L AU - Pilloff, Steven J AD - Division of Research and Statistics, Board of Governors of the Federal Reserve System, 20th Street and Constitution Ave, NW, Washington, DC 20551, USA Y1 - 2009/11// PY - 2009 DA - November 2009 SP - 217 EP - 231 PB - Springer, Dordrecht The Netherlands VL - 35 IS - 3 SN - 0889-938X, 0889-938X KW - Business and service sector - Business organization and administration KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic conditions KW - United States KW - Business consolidation KW - Markets KW - Banking KW - Competition KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58826896?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+Industrial+Organization&rft.atitle=Market+Structure+after+Horizontal+Mergers%3A+Evidence+from+the+Banking+Industry&rft.au=Adams%2C+Robert+M%3BJohnson%2C+Richard+L%3BPilloff%2C+Steven+J&rft.aulast=Adams&rft.aufirst=Robert&rft.date=2009-11-01&rft.volume=35&rft.issue=3&rft.spage=217&rft.isbn=&rft.btitle=&rft.title=Review+of+Industrial+Organization&rft.issn=0889938X&rft_id=info:doi/10.1007%2Fs11151-009-9217-0 LA - English DB - PAIS Index N1 - Date revised - 2010-10-21 N1 - Last updated - 2016-09-28 N1 - CODEN - RIOREU N1 - SubjectsTermNotLitGenreText - Business consolidation; Banking; Markets; United States; Competition DO - http://dx.doi.org/10.1007/s11151-009-9217-0 ER - TY - JOUR T1 - Efficiency in housing markets: which home buyers know how to discount? AN - 37206779; 3900883 AB - We test for efficiency in the Swedish co-op market by examining the negative relationship between the sales price and the present value of future monthly payments or 'rents'. If the co-op housing market is efficient, the present value of co-op rental payments due to underlying debt obligations of the cooperative should be fully reflected in the sales price. However, a one hundred kronor increase in the present value of future rents only leads to an approximately 75 kronor reduction in the sales price. These inefficiencies are larger at the lower end of the housing market and in poorer, less educated regions and appear to reflect both liquidity constraints and the existence of more 'sophisticated' buyers in higher educated areas. Overall, our findings suggest that there is some systematic failure to properly discount the future stream of rent payments relative to the up front sales price. All rights reserved, Elsevier JF - Journal of banking and finance AU - Hjalmarsson, Erik AU - Hjalmarsson, R AD - Federal Reserve System Y1 - 2009/11// PY - 2009 DA - Nov 2009 SP - 2150 EP - 2163 VL - 33 IS - 11 SN - 0378-4266, 0378-4266 KW - Economics KW - Sales KW - Co-operatives KW - Housing prices KW - Market efficiency KW - Housing market KW - Payments KW - Rent KW - Sweden UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37206779?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+banking+and+finance&rft.atitle=Efficiency+in+housing+markets%3A+which+home+buyers+know+how+to+discount%3F&rft.au=Hjalmarsson%2C+Erik%3BHjalmarsson%2C+R&rft.aulast=Hjalmarsson&rft.aufirst=Erik&rft.date=2009-11-01&rft.volume=33&rft.issue=11&rft.spage=2150&rft.isbn=&rft.btitle=&rft.title=Journal+of+banking+and+finance&rft.issn=03784266&rft_id=info:doi/10.1016%2Fj.jbankfin.2009.05.014 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6060 7711; 7719 3923; 2409; 11239; 6065 10107; 10880 6882; 9295; 407 302 129 370 DO - http://dx.doi.org/10.1016/j.jbankfin.2009.05.014 ER - TY - BOOK T1 - A Dynamic Analysis of Consolidation in the Broadcast Television Industry AN - 742955788; 2010-520584 AB - This paper estimates a dynamic oligopoly model in order to separately identify the demand-side and cost-side advantages of consolidation in the broadcast television industry. It finds that there are both revenue and cost advantages to consolidation, but they operate through different mechanisms. Access to a wider audience enables firms to increase per-station advertising revenue, while simply owning more stations enables firms to reduce per-station operating costs. A firm's ability to realize these benefits is affected by its stations' network affiliations, locations, and viewers. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Oct 2009, 40 pp. AU - Stahl, Jessica Calfee Y1 - 2009/10// PY - 2009 DA - October 2009 PB - Board of Governors of the Federal Reserve System KW - Oligopolies KW - Television KW - Advertising KW - Revenue KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/742955788?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Stahl%2C+Jessica+Calfee&rft.aulast=Stahl&rft.aufirst=Jessica&rft.date=2009-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=A+Dynamic+Analysis+of+Consolidation+in+the+Broadcast+Television+Industry&rft.title=A+Dynamic+Analysis+of+Consolidation+in+the+Broadcast+Television+Industry&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200948/200948pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. no. 2009-48 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Credit Scoring and Its Effects on the Availability and Affordability of Credit AN - 58829617; 2008-406559 AB - The Fair and Accurate Credit Transaction Act of 2003 (the FACT Act) directed several federal agencies to conduct studies related to the credit reporting industry. A primary concern was the accuracy and fairness of the credit reporting and scoring systems. In this article, Federal Reserve System Board economists report on a study in which they examined various issues related to credit scoring, including how credit scoring has affected the availability and affordability of credit. In a responding commentary, Calvin Bradford notes flaws and deficiencies in the Federal Reserve System study. Adapted from the source document. JF - Journal of Consumer Affairs AU - Avery, Robert B AU - Brevoort, Kenneth P AU - Canner, Glenn B AD - Division of Research and Statistics of the Board of Governors of the Federal Reserve System Board Y1 - 2009/10// PY - 2009 DA - October 2009 SP - 516 EP - 537 PB - Wiley-Blackwell, UK VL - 43 IS - 3 SN - 0022-0078, 0022-0078 KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Banking and public and private finance - Banks and other financial institutions KW - Banking and public and private finance - Public finance KW - Rating KW - Credit KW - Federal reserve system KW - Regulation KW - article UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58829617?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apais&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Consumer+Affairs&rft.atitle=Credit+Scoring+and+Its+Effects+on+the+Availability+and+Affordability+of+Credit&rft.au=Avery%2C+Robert+B%3BBrevoort%2C+Kenneth+P%3BCanner%2C+Glenn+B&rft.aulast=Avery&rft.aufirst=Robert&rft.date=2009-10-01&rft.volume=43&rft.issue=3&rft.spage=516&rft.isbn=&rft.btitle=&rft.title=Journal+of+Consumer+Affairs&rft.issn=00220078&rft_id=info:doi/10.1111%2Fj.1745-6606.2009.01151.x LA - English DB - PAIS Index N1 - Date revised - 2010-10-21 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Credit; Regulation; Rating; Federal reserve system DO - http://dx.doi.org/10.1111/j.1745-6606.2009.01151.x ER - TY - BOOK T1 - Credit Card Redlining Revisited AN - 58836678; 2008-442931 AB - Cohen-Cole (2008) finds that banks set credit limits on revolving accounts based in part on the racial composition of the neighborhood in which each borrower resides. This paper evaluates the evidence presented in that working paper; and the replication effort suggests that decisions about how to calculate the variables in that study may have caused the unnecessary exclusion of one-fifth of available observations from the estimation samples and increased the size of the reported effect by over 25% -- and when a control for neighborhood income is added to the estimations, the results presented as evidence of redlining activities disappear. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 17 2009, 35 pp. AU - Brevoort, Kenneth P Y1 - 2009/09/17/ PY - 2009 DA - 2009 Sep 17 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Banking and public and private finance - Banking operations and services KW - Social conditions and policy - Prejudice, discrimination, and affirmative action KW - Population groups, population policy, and demographics - National, ethnic, and minority groups KW - Social conditions and policy - Urban conditions KW - Interest rates KW - Credit cards KW - Neighborhoods KW - Discrimination KW - Banking KW - Ethnic groups KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58836678?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Brevoort%2C+Kenneth+P&rft.aulast=Brevoort&rft.aufirst=Kenneth&rft.date=2009-09-17&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Credit+Card+Redlining+Revisited&rft.title=Credit+Card+Redlining+Revisited&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200939/200939pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-39 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Salience and taxation: theory and evidence AN - 37205943; 3900740 JF - American economic review AU - Chetty, Raj AU - Looney, Adam AU - Kroft, Kory AD - University of California, Berkeley ; Federal Reserve System Y1 - 2009/09// PY - 2009 DA - Sep 2009 SP - 1145 EP - 1177 VL - 99 IS - 4 SN - 0002-8282, 0002-8282 KW - Economics KW - Consumer behaviour KW - Price policy KW - Elasticity of demand KW - Indirect taxation KW - U.S.A. KW - Fiscal policy KW - Retail prices UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37205943?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=American+economic+review&rft.atitle=Salience+and+taxation%3A+theory+and+evidence&rft.au=Chetty%2C+Raj%3BLooney%2C+Adam%3BKroft%2C+Kory&rft.aulast=Chetty&rft.aufirst=Raj&rft.date=2009-09-01&rft.volume=99&rft.issue=4&rft.spage=1145&rft.isbn=&rft.btitle=&rft.title=American+economic+review&rft.issn=00028282&rft_id=info:doi/10.1257%2Faer.99.4.1145 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 2777 2803 3874 556 3889 6071 1542 11325; 6320 12571; 10094; 10979 10107; 4119 3371 3934; 5001 3977 5574 10472; 433 293 14 DO - http://dx.doi.org/10.1257/aer.99.4.1145 ER - TY - JOUR T1 - Acquisition Targets and Motives in the Banking Industry AN - 20215143; 10845167 AB - This paper uses a large sample of individual banking organizations, observed from 1996 to 2005, to investigate the characteristics that made them more likely to be acquired. We use a definition of acquisition that we consider preferable to that used in much of the previous literature, and we employ a competing-risk hazard model that reveals important differences that depend on the type of acquirer. Since interstate acquisitions became more numerous during this period, we also investigate differences in the determinants of acquisition between in-state and out-of-state acquirers. We also employ a subsample of publicly traded banking organizations to investigate the role of managerial ownership in explaining the likelihood of acquisition. The hypothesis that acquisitions serve to transfer resources from less efficient to more efficient uses receives substantial support from our results, as do a number of other relevant hypotheses. JF - Journal of Money, Credit and Banking AU - Hannan, Timothy H AU - PILLOFF, STEVEN J AD - *Timothy H. Hannanis Senior Economist, Board of Governors of the Federal Reserve System(E-mail:hannan.timothy[at]gmail.com). Y1 - 2009/09// PY - 2009 DA - Sep 2009 SP - 1167 EP - 1187 PB - Wiley-Blackwell, 111 River Street Hoboken NJ 07030-5774 USA VL - 41 IS - 6 SN - 0022-2879, 0022-2879 KW - Risk Abstracts KW - banking KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/20215143?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Money%2C+Credit+and+Banking&rft.atitle=Acquisition+Targets+and+Motives+in+the+Banking+Industry&rft.au=Hannan%2C+Timothy+H%3BPILLOFF%2C+STEVEN+J&rft.aulast=Hannan&rft.aufirst=Timothy&rft.date=2009-09-01&rft.volume=41&rft.issue=6&rft.spage=1167&rft.isbn=&rft.btitle=&rft.title=Journal+of+Money%2C+Credit+and+Banking&rft.issn=00222879&rft_id=info:doi/10.1111%2Fj.1538-4616.2009.00251.x LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2009-09-01 N1 - Last updated - 2011-12-14 N1 - SubjectsTermNotLitGenreText - banking DO - http://dx.doi.org/10.1111/j.1538-4616.2009.00251.x ER - TY - CPAPER T1 - Bank Capital, Borrower Power, and Loan Rates T2 - 36th Annual Meeting of the European Finance Association (EFA 2009) AN - 40366860; 5277418 JF - 36th Annual Meeting of the European Finance Association (EFA 2009) AU - Santos, Joao AU - Winton, Andrew Y1 - 2009/08/19/ PY - 2009 DA - 2009 Aug 19 KW - Loans KW - U 7000:Multidisciplinary UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/40366860?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=36th+Annual+Meeting+of+the+European+Finance+Association+%28EFA+2009%29&rft.atitle=Bank+Capital%2C+Borrower+Power%2C+and+Loan+Rates&rft.au=Santos%2C+Joao%3BWinton%2C+Andrew&rft.aulast=Santos&rft.aufirst=Joao&rft.date=2009-08-19&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=36th+Annual+Meeting+of+the+European+Finance+Association+%28EFA+2009%29&rft.issn=&rft_id=info:doi/ L2 - http://www.efa2009.org/webyep-system/program/download.php?FILENAME=32- 3-at-Vedlegg.pdf&ORG_FILENAME=EFA2009PrintedProgram.pdf LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2009-09-28 N1 - Last updated - 2010-05-03 ER - TY - CPAPER T1 - The rigidity of choice: life-time savings under information processing constraints T2 - 2009 Far East and South Asia Meeting of the Econometric Society (FESAMES 2009) AN - 40395315; 5300121 JF - 2009 Far East and South Asia Meeting of the Econometric Society (FESAMES 2009) AU - Tutino, Antonella Y1 - 2009/08/03/ PY - 2009 DA - 2009 Aug 03 KW - Information processing KW - Flexibility KW - U 7000:Multidisciplinary UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/40395315?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=2009+Far+East+and+South+Asia+Meeting+of+the+Econometric+Society+%28FESAMES+2009%29&rft.atitle=The+rigidity+of+choice%3A+life-time+savings+under+information+processing+constraints&rft.au=Tutino%2C+Antonella&rft.aulast=Tutino&rft.aufirst=Antonella&rft.date=2009-08-03&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=2009+Far+East+and+South+Asia+Meeting+of+the+Econometric+Society+%28FESAMES+2009%29&rft.issn=&rft_id=info:doi/ L2 - http://editorialexpress.com/conference/FEMES09/program/FEMES09.html LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2009-09-28 N1 - Last updated - 2010-05-03 ER - TY - BOOK T1 - Determinants of the Locations of Payday Lenders, Pawnshops and Check-Cashing Outlets AN - 58834704; 2008-442937 AB - A large and growing number of low-to-moderate income US households rely upon alternative financial service providers (AFSPs) for a variety of credit products and transaction services, including payday loans, pawn loans, automobile title loans, tax refund anticipation loans, and check-cashing services. This study examines the determinants of the locations of payday lenders, pawnshops, and check-cashing outlets; and it finds that the number of AFSP outlets per capita is significantly related to demographic characteristics of the county population (eg, racial/ethnic composition, age, and education level), measures of the population's credit worthiness, and the stringency of state laws and regulations governing AFSPs. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jun 2009, 23 pp. AU - Prager, Robin A Y1 - 2009/06// PY - 2009 DA - June 2009 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Social conditions and policy - Urban conditions KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Law and jurisprudence KW - Loans KW - Consumer credit KW - Neighborhoods KW - Financial services KW - Location KW - Law KW - Regulation KW - Demographics KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58834704?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Prager%2C+Robin+A&rft.aulast=Prager&rft.aufirst=Robin&rft.date=2009-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Determinants+of+the+Locations+of+Payday+Lenders%2C+Pawnshops+and+Check-Cashing+Outlets&rft.title=Determinants+of+the+Locations+of+Payday+Lenders%2C+Pawnshops+and+Check-Cashing+Outlets&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200933/200933pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-33 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Monetary policy in a forward-looking input-output economy AN - 37157768; 3877358 JF - Journal of money, credit and banking AU - Strum, Brad E AD - Federal Reserve System Y1 - 2009/06// PY - 2009 DA - Jun 2009 SP - 619 EP - 650 VL - 41 IS - 4 SN - 0022-2879, 0022-2879 KW - Economics KW - Financial analysis KW - Price level KW - Credit market KW - Inflation targeting KW - Monetary policy KW - Input-output models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37157768?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Monetary+policy+in+a+forward-looking+input-output+economy&rft.au=Strum%2C+Brad+E&rft.aulast=Strum&rft.aufirst=Brad&rft.date=2009-06-01&rft.volume=41&rft.issue=4&rft.spage=619&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 2998 7711; 6573 10280; 8217 3977 5574 10472; 6508 1116 8217 3977 5574 10472; 10090; 4913 3883 971 ER - TY - CPAPER T1 - How Sensitive are Chinese Exports to Exchange Rate Changes? T2 - 43rd Annual Meeting of the Canadian Economics Association (CEA 2009) AN - 42106205; 5137328 JF - 43rd Annual Meeting of the Canadian Economics Association (CEA 2009) AU - Ahmed, Shaghil Y1 - 2009/05/29/ PY - 2009 DA - 2009 May 29 KW - Exports KW - Currency exchange rate KW - U 7000:Multidisciplinary UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/42106205?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Acpi&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=conference&rft.jtitle=43rd+Annual+Meeting+of+the+Canadian+Economics+Association+%28CEA+2009%29&rft.atitle=How+Sensitive+are+Chinese+Exports+to+Exchange+Rate+Changes%3F&rft.au=Ahmed%2C+Shaghil&rft.aulast=Ahmed&rft.aufirst=Shaghil&rft.date=2009-05-29&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=43rd+Annual+Meeting+of+the+Canadian+Economics+Association+%28CEA+2009%29&rft.issn=&rft_id=info:doi/ L2 - http://economics.ca/2009/programme.html LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2009-09-28 N1 - Last updated - 2010-05-03 ER - TY - JOUR T1 - Anchoring bias in consensus forecasts and its effect on market prices AN - 37180574; 3887815 JF - Journal of financial and quantitative analysis AU - Campbell, Sean D AU - Sharpe, Steven A AD - Federal Reserve System Y1 - 2009/04// PY - 2009 DA - Apr 2009 SP - 369 EP - 390 VL - 44 IS - 2 SN - 0022-1090, 0022-1090 KW - Economics KW - Interest rates KW - Economic information KW - Financial research KW - Economic forecasts KW - Bias KW - Stock prices UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37180574?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+financial+and+quantitative+analysis&rft.atitle=Anchoring+bias+in+consensus+forecasts+and+its+effect+on+market+prices&rft.au=Campbell%2C+Sean+D%3BSharpe%2C+Steven+A&rft.aulast=Campbell&rft.aufirst=Sean&rft.date=2009-04-01&rft.volume=44&rft.issue=2&rft.spage=369&rft.isbn=&rft.btitle=&rft.title=Journal+of+financial+and+quantitative+analysis&rft.issn=00221090&rft_id=info:doi/10.1017%2FS0022109009090127 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4951 10902; 3937 5163; 1565 1362 2688 2449 10404; 12281 10107; 3949 6515; 6637 6632 DO - http://dx.doi.org/10.1017/S0022109009090127 ER - TY - JOUR T1 - Predictability in financial markets: what do survey expectations tell us? AN - 37147346; 3872427 JF - Journal of international money and finance AU - Bacchetta, P AU - Mertens, E AU - Wincoop, E van AD - Université de Lausanne ; Federal Reserve System ; University of Virginia Y1 - 2009/04// PY - 2009 DA - Apr 2009 SP - 406 EP - 426 VL - 28 IS - 3 SN - 0261-5606, 0261-5606 KW - Economics KW - Bond market KW - Foreign exchange KW - International finance KW - Stock returns KW - Economic forecasts KW - International capital market KW - Capital returns UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37147346?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+money+and+finance&rft.atitle=Predictability+in+financial+markets%3A+what+do+survey+expectations+tell+us%3F&rft.au=Bacchetta%2C+P%3BMertens%2C+E%3BWincoop%2C+E+van&rft.aulast=Bacchetta&rft.aufirst=P&rft.date=2009-04-01&rft.volume=28&rft.issue=3&rft.spage=406&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+money+and+finance&rft.issn=02615606&rft_id=info:doi/10.1016%2Fj.jimonfin.2008.09.001 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6727 4908 6725 4025; 6687 1983 7711 6749 6725 4025; 12283 12290; 1998 1952 10304; 3937 5163; 1693 1983 7711; 5180 4577 3872 554 971 DO - http://dx.doi.org/10.1016/j.jimonfin.2008.09.001 ER - TY - JOUR T1 - Effects of financial autarky and integration: the case of the South Africa embargo AN - 37146609; 3872429 JF - Journal of international money and finance AU - Coulibaly, B AD - Federal Reserve System Y1 - 2009/04// PY - 2009 DA - Apr 2009 SP - 454 EP - 478 VL - 28 IS - 3 SN - 0261-5606, 0261-5606 KW - Economics KW - Economic integration KW - Embargo KW - Financial integration KW - International finance KW - South Africa KW - Economic growth KW - Apartheid UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37146609?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+money+and+finance&rft.atitle=Effects+of+financial+autarky+and+integration%3A+the+case+of+the+South+Africa+embargo&rft.au=Coulibaly%2C+B&rft.aulast=Coulibaly&rft.aufirst=B&rft.date=2009-04-01&rft.volume=28&rft.issue=3&rft.spage=454&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+money+and+finance&rft.issn=02615606&rft_id=info:doi/10.1016%2Fj.jimonfin.2008.11.003 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1148; 4181 9634; 6727 4908 6725 4025; 4931 4908; 3939; 3952; 385 395 2 DO - http://dx.doi.org/10.1016/j.jimonfin.2008.11.003 ER - TY - JOUR T1 - Does the NEA crowd out private charitable contributions to the arts? AN - 37191243; 3893688 JF - National tax journal AU - Dokko, Jane K AD - Federal Reserve System Y1 - 2009/03// PY - 2009 DA - Mar 2009 SP - 57 EP - 76 VL - LXII IS - 1 SN - 0028-0283, 0028-0283 KW - Economics KW - National Endowments for the Arts KW - Crowding-out effect KW - Public finance KW - Economics of culture KW - Donation KW - Public investment KW - U.S.A. KW - Government grant KW - Arts KW - Charity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37191243?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+tax+journal&rft.atitle=Does+the+NEA+crowd+out+private+charitable+contributions+to+the+arts%3F&rft.au=Dokko%2C+Jane+K&rft.aulast=Dokko&rft.aufirst=Jane&rft.date=2009-03-01&rft.volume=LXII&rft.issue=1&rft.spage=57&rft.isbn=&rft.btitle=&rft.title=National+tax+journal&rft.issn=00280283&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10445 4908; 3066 3883 971; 10455 6852; 2164 4577 3872 554 971; 1318; 4032 3198 4025; 5566 10443 4618; 3716 5503 4577 3872 554 971; 433 293 14 ER - TY - BOOK T1 - Currency Crashes in Industrial Countries: Much Ado about Nothing? AN - 58841691; 2010-443062 AB - Sharp exchange rate depreciations, or currency crashes, are associated with poor economic outcomes in industrial countries only when they are caused by inflationary macroeconomic policies. Moreover, the poor outcomes are attributable to inflationary policies in general and not the currency crashes in particular; but on the other hand, crashes caused by rising unemployment or external deficits have always had good economic consequences with stable or falling inflation rates. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Feb 2009, 54 pp. AU - Gagnon, Joseph E Y1 - 2009/02// PY - 2009 DA - February 2009 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - International banking and finance and financial institutions KW - Economic conditions and policy - Economic conditions KW - Economic conditions and policy - Economic policy, planning, and development KW - Business and service sector - Accounting KW - Labor conditions and policy - Employment and labor supply KW - Depreciation KW - Unemployment KW - Foreign exchange rates KW - Economic policy KW - Inflation KW - Economic conditions KW - Currency in circulation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58841691?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gagnon%2C+Joseph+E&rft.aulast=Gagnon&rft.aufirst=Joseph&rft.date=2009-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Currency+Crashes+in+Industrial+Countries%3A+Much+Ado+about+Nothing%3F&rft.title=Currency+Crashes+in+Industrial+Countries%3A+Much+Ado+about+Nothing%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2009/966/ifdp966.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - International Finance Discussion pa. no. 966 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - A Study of U.S. Monetary Policy Implementation: Demand for Reserves on a Period Average Basis AN - 58830518; 2008-442945 AB - Provides new estimates of banks' demand for excess reserve balances on a period average basis. The study finds that the demand for excess depends critically on uncertainty of flows in and out of reserve accounts; and it documents the variability of demand for excess reserve balances by institution size; evaluates different models for forecasting demand for excess on a period average basis; reports the forecasting performance of each of these models; and finally, presents analysis of the period of financial turmoil seen over the year since August 2007. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Feb 2009, 25 pp. AU - Judson, Ruth AU - Klee, Elizabeth Y1 - 2009/02// PY - 2009 DA - February 2009 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Public finance KW - Banking and public and private finance - Banking operations and services KW - Economic conditions and policy - Economic conditions KW - United States KW - Forecasting KW - Performance KW - Economic conditions KW - Banking KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58830518?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Judson%2C+Ruth%3BKlee%2C+Elizabeth&rft.aulast=Judson&rft.aufirst=Ruth&rft.date=2009-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=A+Study+of+U.S.+Monetary+Policy+Implementation%3A+Demand+for+Reserves+on+a+Period+Average+Basis&rft.title=A+Study+of+U.S.+Monetary+Policy+Implementation%3A+Demand+for+Reserves+on+a+Period+Average+Basis&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200922/200922pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-22 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Exchange rate passthrough to export prices: assessing cross-country evidence AN - 37230476; 3914976 AB - A growing empirical literature reports evidence of a decline in exchange rate passthrough to import prices in a number of industrial countries. Our paper complements this literature by examining passthrough from the other side of the transaction; that is, we assess the exchange rate sensitivity of export prices (denominated in the exporter's currency). We find that the prices charged on exports to the United States are more responsive to the exchange rate than are export prices to other destinations, which is consistent with results in the literature that import price passthrough in the US market is relatively low. In addition, the exchange rate sensitivity of export prices over time has been significantly affected by country- and region-specific factors, including the Asian financial crisis (for emerging Asia), deepening integration with the United States (for Canada), and the effects of the 1992 ERM crisis (for the United Kingdom). Reprinted by permission of Blackwell Publishers JF - Review of international economics AU - Vigfusson, Robert J AU - Sheets, Nathan AU - Gagnon, Joseph AD - Federal Reserve System Y1 - 2009/02// PY - 2009 DA - Feb 2009 SP - 17 EP - 33 VL - 17 IS - 1 SN - 0965-7576, 0965-7576 KW - Economics KW - Export prices KW - International trade KW - Transmission mechanism KW - Price formation KW - Exchange rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37230476?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+international+economics&rft.atitle=Exchange+rate+passthrough+to+export+prices%3A+assessing+cross-country+evidence&rft.au=Vigfusson%2C+Robert+J%3BSheets%2C+Nathan%3BGagnon%2C+Joseph&rft.aulast=Vigfusson&rft.aufirst=Robert&rft.date=2009-02-01&rft.volume=17&rft.issue=1&rft.spage=17&rft.isbn=&rft.btitle=&rft.title=Review+of+international+economics&rft.issn=09657576&rft_id=info:doi/10.1111%2Fj.1467-9396.2008.00801.x LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4665 10107; 10085; 6802 12812 6725 4025; 4587; 12928 12916 DO - http://dx.doi.org/10.1111/j.1467-9396.2008.00801.x ER - TY - JOUR T1 - The two-period rational inattention model: accelerations and analyses AN - 37099324; 3847400 AB - This paper demonstrates the properties of, and a solution method for, the more general two-period Rational Inattention model of Sims (Rational inattention: A research agenda, 2006). It is shown that the corresponding optimization problem is convex and can be solved very quickly. This paper also demonstrates a computational tool well-suited to solving Rational Inattention models and further illustrates a critique raised in Sims (Rational inattention: A research agenda, 2006) regarding Rational Inattention models whose solutions assume parametric formulations rather than solve for their optimally-derived, non-parametric counterparts. Reprinted by permission of Springer JF - Computational economics AU - Lewis, Kurt F AD - Federal Reserve System Y1 - 2009/02// PY - 2009 DA - Feb 2009 SP - 79 EP - 97 VL - 33 IS - 1 SN - 0927-7099, 0927-7099 KW - Economics KW - Monetary economics KW - Rational expectations KW - Inflation KW - Monetary models KW - Monetary theory UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37099324?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Computational+economics&rft.atitle=The+two-period+rational+inattention+model%3A+accelerations+and+analyses&rft.au=Lewis%2C+Kurt+F&rft.aulast=Lewis&rft.aufirst=Kurt&rft.date=2009-02-01&rft.volume=33&rft.issue=1&rft.spage=79&rft.isbn=&rft.btitle=&rft.title=Computational+economics&rft.issn=09277099&rft_id=info:doi/10.1007%2Fs10614-008-9151-5 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 8231; 10618 4614; 8215 8163; 6500 8206 7585 4025 DO - http://dx.doi.org/10.1007/s10614-008-9151-5 ER - TY - JOUR T1 - Currency crashes and bond yields in industrial countries AN - 37093517; 3845270 JF - Journal of international money and finance AU - Gagnon, J E AD - Federal Reserve System Y1 - 2009/02// PY - 2009 DA - Feb 2009 SP - 161 EP - 181 VL - 28 IS - 1 SN - 0261-5606, 0261-5606 KW - Economics KW - Bond market KW - Financial crisis KW - International finance KW - Government bonds KW - Treasury bills KW - Exchange rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37093517?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+money+and+finance&rft.atitle=Currency+crashes+and+bond+yields+in+industrial+countries&rft.au=Gagnon%2C+J+E&rft.aulast=Gagnon&rft.aufirst=J&rft.date=2009-02-01&rft.volume=28&rft.issue=1&rft.spage=161&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+money+and+finance&rft.issn=02615606&rft_id=info:doi/10.1016%2Fj.jimonfin.2008.08.008 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6727 4908 6725 4025; 4587; 4920 3904; 1693 1983 7711; 12963 1597 7321; 5555 1696 DO - http://dx.doi.org/10.1016/j.jimonfin.2008.08.008 ER - TY - BOOK T1 - Ponds and Streams: Wealth and Income in the U.S., 1989 to 2007 AN - 58836475; 2008-442954 AB - Examines the distributions of wealth and income and their joint properties using data from the 1989-2007 waves of the Survey of Consumer Finances (SCF). Among other things, the data show a complicated pattern of shifts in the wealth distribution, with clear gains across the broad middle and at the top. For income, there is a more straightforward picture of rising inequality. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Jan 7 2009, 87 pp. AU - Kennickell, Arthur B Y1 - 2009/01/07/ PY - 2009 DA - 2009 Jan 07 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Credit, loans, and personal finance KW - Economic conditions and policy - Consumers and consumption KW - Social conditions and policy - Social values KW - United States KW - Personal finance KW - Consumers KW - Income distribution KW - Wealth distribution KW - Economic conditions KW - Equality KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58836475?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kennickell%2C+Arthur+B&rft.aulast=Kennickell&rft.aufirst=Arthur&rft.date=2009-01-07&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Ponds+and+Streams%3A+Wealth+and+Income+in+the+U.S.%2C+1989+to+2007&rft.title=Ponds+and+Streams%3A+Wealth+and+Income+in+the+U.S.%2C+1989+to+2007&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200913/200913pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Expected consumption growth from cross-country surveys: implications for assessing international capital markets AN - 743801476; 3970357 JF - IMF staff papers AU - Engel, Charles AU - Rogers, John H AD - University of Wisconsin ; Federal Reserve System Y1 - 2009 PY - 2009 DA - 2009 SP - 543 EP - 573 VL - 56 IS - 3 SN - 1020-7635, 1020-7635 KW - Economics KW - International capital market KW - Consumption KW - Economic growth KW - Aggregate demand KW - International economics KW - Cross-national analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/743801476?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=IMF+staff+papers&rft.atitle=Expected+consumption+growth+from+cross-country+surveys%3A+implications+for+assessing+international+capital+markets&rft.au=Engel%2C+Charles%3BRogers%2C+John+H&rft.aulast=Engel&rft.aufirst=Charles&rft.date=2009-01-01&rft.volume=56&rft.issue=3&rft.spage=543&rft.isbn=&rft.btitle=&rft.title=IMF+staff+papers&rft.issn=10207635&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6725 4025; 3060 971; 659 3371 3934; 2805 3872 554 971; 3939; 6687 1983 7711 6749 6725 4025 ER - TY - BOOK T1 - Whither the Liquidity Effect: The Impact of Federal Reserve Open Market Operations in Recent Years AN - 58840625; 2008-442943 AB - Previous research indicated that the daily liquidity effect, or the change in the federal funds rate associated with an exogenous change in Fed balances, varies with several factors including the day of the maintenance period. This paper examines the data over the recent period of increased Federal Reserve transparency and finds that the liquidity effect stabilized across days of the maintenance period -- Rather, the liquidity effect could have been a function of the uncertainty about banks' end-of-day balances, and increased transparency led to a larger liquidity effect on the days prior to an Federal Open Market Committee meeting. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Jan 2009, 31 pp. AU - Judson, Ruth AU - Klee, Elizabeth Y1 - 2009/01// PY - 2009 DA - January 2009 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Public finance KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Business and service sector - Business finance KW - Banking and public and private finance - Investments and securities KW - Banking and public and private finance - Banking operations and services KW - Investments KW - Assets KW - Prices KW - Banking KW - Monetary policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58840625?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Judson%2C+Ruth%3BKlee%2C+Elizabeth&rft.aulast=Judson&rft.aufirst=Ruth&rft.date=2009-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Whither+the+Liquidity+Effect%3A+The+Impact+of+Federal+Reserve+Open+Market+Operations+in+Recent+Years&rft.title=Whither+the+Liquidity+Effect%3A+The+Impact+of+Federal+Reserve+Open+Market+Operations+in+Recent+Years&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200925/200925pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-25 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Designing Loan Modifications to Address the Mortgage Crisis and the Making Home Affordable Program AN - 58830028; 2008-442928 AB - This paper examines the economic underpinnings of the Administration's loan modification program, the Home Affordable Modification Program (HAMP). It argues that HAMP should help many borrowers avoid foreclosure, as its key features -- a standardized protocol, incentive fees for servicers, and a requirement that the first lien mortgage payment be reduced to 31% of gross income -- alleviate some of the previous obstacles to successful modifications: That said, HAMP is not well-suited to address certain payment problems. Tables. JF - Board of Governors of the Federal Reserve System, 2009, 34 pp. AU - Cordell, Larry AU - Dynan, Karen AU - Lehnert, Andreas AU - Liang, Nellie AU - Mauskopf, Eileen Y1 - 2009///0, PY - 2009 DA - 0, 2009 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - United States KW - Loans KW - Consumer credit KW - Foreclosures KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58830028?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Cordell%2C+Larry%3BDynan%2C+Karen%3BLehnert%2C+Andreas%3BLiang%2C+Nellie%3BMauskopf%2C+Eileen&rft.aulast=Cordell&rft.aufirst=Larry&rft.date=2009-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Designing+Loan+Modifications+to+Address+the+Mortgage+Crisis+and+the+Making+Home+Affordable+Program&rft.title=Designing+Loan+Modifications+to+Address+the+Mortgage+Crisis+and+the+Making+Home+Affordable+Program&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200943/200943pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-43 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Economics of the Mutual Fund Trading Scandal AN - 58824154; 2008-442958 AB - Examines the economic incentives behind the mutual fund trading scandal, which made headlines in late 2003 with news that several asset management companies had arranged to allow abusive -- and, in some cases, illegal -- trades in their mutual funds. Most of the gains from these trades went to the traders who pursued market-timing and late-trading strategies; and the costs were largely borne by buy-and-hold investors, and, eventually, by the management companies themselves. Tables, Figures, Appendixes, References. JF - Board of Governors of the Federal Reserve System, 2009, 48 pp. AU - McCabe, Patrick E Y1 - 2009///0, PY - 2009 DA - 0, 2009 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Commercial law KW - Administration of justice - Crime and criminals KW - Economic conditions and policy - Economic theory KW - Business and service sector - Business management KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - Investments and securities KW - Investors KW - Management KW - Assets KW - Fraud KW - Economics KW - Financial services KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58824154?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=McCabe%2C+Patrick+E&rft.aulast=McCabe&rft.aufirst=Patrick&rft.date=2009-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Economics+of+the+Mutual+Fund+Trading+Scandal&rft.title=The+Economics+of+the+Mutual+Fund+Trading+Scandal&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200906/200906pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-06 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - GSE Activity and Mortgage Supply in Lower-Income and Minority Neighborhoods: The Effect of the Affordable Housing Goals AN - 58823634; 2008-442960 AB - Estimates the credit supply effect of the Underserved Areas Goal (UAG), which establishes government sponsored enterprise (GSE) purchase goals for mortgages to lower-income and minority neighborhoods. Taking advantage of discontinuous census tract eligibility rules and abrupt changes in tract eligibility in 2005, the study found evidence of a small UAG effect on GSE activity, and this increase does not appear to crowd-out FHA and subprime lending; and the results also indicate that the GSEs exploit the law's lack of precision targeting, yielding effects that might diverge from the law's intent. Tables, Figures, Appendixes. JF - Board of Governors of the Federal Reserve System, 2009, 37 pp. AU - Bhutta, Neil Y1 - 2009///0, PY - 2009 DA - 0, 2009 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Social policy and social development KW - Social conditions and policy - Housing KW - Population groups, population policy, and demographics - National, ethnic, and minority groups KW - Social conditions and policy - Social conditions and problems KW - Social conditions and policy - Urban conditions KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - United States KW - Poverty relief KW - Minorities KW - Consumer credit KW - Housing projects KW - Neighborhoods KW - Poor KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58823634?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bhutta%2C+Neil&rft.aulast=Bhutta&rft.aufirst=Neil&rft.date=2009-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=GSE+Activity+and+Mortgage+Supply+in+Lower-Income+and+Minority+Neighborhoods%3A+The+Effect+of+the+Affordable+Housing+Goals&rft.title=GSE+Activity+and+Mortgage+Supply+in+Lower-Income+and+Minority+Neighborhoods%3A+The+Effect+of+the+Affordable+Housing+Goals&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200903/revision/200903pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2009 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-03 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Monetary policy and asset prices revisited AN - 37231987; 3917683 JF - Cato journal AU - Kohn, Donald L AD - Federal Reserve System Y1 - 2009/01// PY - 2009 DA - Jan 2009 SP - 31 EP - 44 VL - 29 IS - 1 SN - 0273-3072, 0273-3072 KW - Economics KW - Federal Reserve Bank KW - Central banks KW - Financial crisis KW - International finance KW - U.S.A. KW - Monetary policy KW - Stock prices UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37231987?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Cato+journal&rft.atitle=Monetary+policy+and+asset+prices+revisited&rft.au=Kohn%2C+Donald+L&rft.aulast=Kohn&rft.aufirst=Donald&rft.date=2009-01-01&rft.volume=29&rft.issue=1&rft.spage=31&rft.isbn=&rft.btitle=&rft.title=Cato+journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6727 4908 6725 4025; 4920 3904; 8217 3977 5574 10472; 12281 10107; 2113 1477 4930 6590; 433 293 14 ER - TY - JOUR T1 - Lessons from the financial crisis AN - 37231417; 3917813 JF - Cato journal AU - Miron, Jeffrey A AU - Schwartz, Anna J AU - Meltzer, Allan H AU - Kohn, Donald L AU - Issing, Otmar AU - Lacker, Jeffrey M AU - Calomiris, Charles W AU - Ely, Bert AU - White, Lawrence H AU - Münchau, Wolfgang AU - Samwick, Andrew A AU - Dowd, Kevin AU - O'Driscoll, Jr., Gerald P. AU - Garrison, Roger W AU - Poole, William AD - Harvard University ; National Bureau of Economic Research ; Carnegie Mellon University ; Federal Reserve System ; European Central Bank ; Federal Reserve Bank of Richmond ; Columbia University ; University of Missouri, St. Louis ; Financial Times ; Dartmouth College ; University of Nottingham ; Cato Institute ; Auburn University Y1 - 2009/01// PY - 2009 DA - Jan 2009 SP - 1 EP - 222 VL - 29 IS - 1 SN - 0273-3072, 0273-3072 KW - Economics KW - Federal Reserve Bank KW - Monetary growth KW - Central banks KW - Stock exchange KW - Mortgage markets KW - Regulatory policy KW - Financial reforms KW - Europe KW - U.S.A. KW - Monetary policy KW - Real estate market KW - Interest rate policy KW - Stock prices KW - Financial crisis KW - Financial systems KW - Financial assets KW - Banking system KW - Moral hazard KW - Consumer Price Index KW - International finance KW - Financial regulation KW - Housing market UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37231417?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Cato+journal&rft.atitle=Lessons+from+the+financial+crisis&rft.au=Miron%2C+Jeffrey+A%3BSchwartz%2C+Anna+J%3BMeltzer%2C+Allan+H%3BKohn%2C+Donald+L%3BIssing%2C+Otmar%3BLacker%2C+Jeffrey+M%3BCalomiris%2C+Charles+W%3BEly%2C+Bert%3BWhite%2C+Lawrence+H%3BM%C3%BCnchau%2C+Wolfgang%3BSamwick%2C+Andrew+A%3BDowd%2C+Kevin%3BO%27Driscoll%2C+Jr.%2C+Gerald+P.%3BGarrison%2C+Roger+W%3BPoole%2C+William&rft.aulast=Miron&rft.aufirst=Jeffrey&rft.date=2009-01-01&rft.volume=29&rft.issue=1&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=Cato+journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Collection of 15 articles N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6727 4908 6725 4025; 4920 3904; 8217 3977 5574 10472; 1474 1477 4930 6590; 8298 7711; 4915 1348 9079; 12281 10107; 2113 1477 4930 6590; 2775 10086; 12269 4930 6590; 4964; 4947 3989 10691; 4948 10742; 10745 7584 3977 5574 10472; 10632 10630 10339; 6060 7711; 8278; 8208 3939; 6636 8217 3977 5574 10472; 433 293 14; 129 ER - TY - BOOK T1 - Giving Credit Where Credit Is Due? The Community Reinvestment Act and Mortgage Lending in Lower-Income Neighborhoods AN - 58824250; 2008-442972 AB - This study identifies and quantifies the mortgage supply effect of the Community Reinvestment Act (CRA), a law mandating that banks help provide credit in lower-income neighborhoods, by exploiting a discontinuity in the selection rule determining which census tracts CRA targets. It finds that CRA affects bank lending primarily in large MSA's, where banks are most scrutinized, and it provides some evidence that marginal loans go to atypical, potentially higher-risk borrowers. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Nov 2008, 40 pp. AU - Bhutta, Neil Y1 - 2008/11// PY - 2008 DA - November 2008 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Credit, loans, and personal finance KW - Social conditions and policy - Social conditions and problems KW - Social conditions and policy - Social policy and social development KW - Economic conditions and policy - Economic policy, planning, and development KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Law and ethics - Law and jurisprudence KW - Poverty relief KW - Consumer credit KW - Neighborhoods KW - Legislation KW - Poor KW - Mortgages KW - Community development KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58824250?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Bhutta%2C+Neil&rft.aulast=Bhutta&rft.aufirst=Neil&rft.date=2008-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Giving+Credit+Where+Credit+Is+Due%3F+The+Community+Reinvestment+Act+and+Mortgage+Lending+in+Lower-Income+Neighborhoods&rft.title=Giving+Credit+Where+Credit+Is+Due%3F+The+Community+Reinvestment+Act+and+Mortgage+Lending+in+Lower-Income+Neighborhoods&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200861/200861pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-61 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - State and Local Finances and the Macroeconomy: The High-Employment Budget and Fiscal Impetus AN - 58837355; 2008-442959 AB - Examines the interplay of the economy and state and local budgets by developing and examining two measures of fiscal policy: the high-employment budget and fiscal impetus. The study finds that a 1 percentage point increase in cyclical GDP results in a 0.1 percentage point increase in National Income and Product Accounts (NIPA)-based net saving through the automatic response of taxes and expenditures; State and local budget policies are found to be modestly procyclical; and Stimulus to aggregate demand is about 0.2 percentage points less following a business cycle peak than it is during the period before the business cycle peak. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Oct 28 2008, 17 pp. AU - Follette, Glenn AU - Kusko, Andrea AU - Lutz, Byron Y1 - 2008/10/28/ PY - 2008 DA - 2008 Oct 28 PB - Board of Governors of the Federal Reserve System KW - Government - State or regional government KW - Banking and public and private finance - Public finance KW - Government - Local and municipal government KW - Economic conditions and policy - Economic theory KW - Economic conditions and policy - Economic conditions KW - United States KW - Public finance KW - National income KW - Local government KW - State government KW - Macroeconomics KW - Budget, Government KW - Business cycles KW - Fiscal policy KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58837355?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Follette%2C+Glenn%3BKusko%2C+Andrea%3BLutz%2C+Byron&rft.aulast=Follette&rft.aufirst=Glenn&rft.date=2008-10-28&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=State+and+Local+Finances+and+the+Macroeconomy%3A+The+High-Employment+Budget+and+Fiscal+Impetus&rft.title=State+and+Local+Finances+and+the+Macroeconomy%3A+The+High-Employment+Budget+and+Fiscal+Impetus&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2009/200905/200905pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2009-05 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Evolving Relationship between Community Banks and Small Businesses: Evidence from the Surveys of Small Business Finances AN - 58836887; 2008-442971 AB - This paper uses data from the Federal Reserve Board's 1998 and 2003 Surveys of Small Business Finances (SSBFs) to examine the evolving relationship between community banks and small businesses. It explores to what extent small businesses rely on community banks as providers of at least some financial services; what types of financial services small businesses are most likely to obtain from a community bank; what types of small businesses are most likely to obtain some or all of their financial services from a community bank; and how the answers to these questions have changed between 1998 and 2003. Tables, Figures. JF - Board of Governors of the Federal Reserve System, Oct 24 2008, 53 pp. AU - Prager, Robin A AU - Wolken, John D Y1 - 2008/10/24/ PY - 2008 DA - 2008 Oct 24 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Banking operations and services KW - Business and service sector - Business and business enterprises KW - Banking and public and private finance - Credit, loans, and personal finance KW - Financial services KW - Small business KW - Banking KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58836887?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Prager%2C+Robin+A%3BWolken%2C+John+D&rft.aulast=Prager&rft.aufirst=Robin&rft.date=2008-10-24&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Evolving+Relationship+between+Community+Banks+and+Small+Businesses%3A+Evidence+from+the+Surveys+of+Small+Business+Finances&rft.title=The+Evolving+Relationship+between+Community+Banks+and+Small+Businesses%3A+Evidence+from+the+Surveys+of+Small+Business+Finances&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200860/200860pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-60 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Incentives of Mortgage Servicers: Myths and Realities AN - 58835759; 2008-442963 AB - As foreclosure initiations have soared over the past couple of years, many have questioned whether mortgage servicers have the right incentives to work out troubled subprime mortgages so that borrowers can avoid foreclosure and remain in their homes. This analysis suggests that while servicers have substantially improved borrower outreach and increased loss mitigation efforts, some foreclosures still occur where both borrower and investor would benefit if such an outcome were avoided. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Oct 13 2008, 37 pp. AU - Cordell, Larry AU - Dynan, Karen AU - Lehnert, Andreas AU - Liang, Nellie AU - Mauskopf, Eileen Y1 - 2008/10/13/ PY - 2008 DA - 2008 Oct 13 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - Investors KW - Foreclosures KW - Housing policy KW - Mortgages KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58835759?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Cordell%2C+Larry%3BDynan%2C+Karen%3BLehnert%2C+Andreas%3BLiang%2C+Nellie%3BMauskopf%2C+Eileen&rft.aulast=Cordell&rft.aufirst=Larry&rft.date=2008-10-13&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Incentives+of+Mortgage+Servicers%3A+Myths+and+Realities&rft.title=The+Incentives+of+Mortgage+Servicers%3A+Myths+and+Realities&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200846/revision/200846pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-46 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Does Credit Supply Affect Small-Firm Finance? AN - 58829634; 2008-442968 AB - States were granted authority to limit interstate branching following passage of Federal legislation in 1994, relaxing restrictions on geographical expansion by banks. This report shows that differences in state's branching restrictions affect credit supply, but despite this evidence that interstate branch openness expands credit supply, no effect of variation in state restrictions on branching on small-firm borrowing or other indicators of credit constraints were found. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 29 2008, 49 pp. AU - Rice, Tara AU - Strahan, Philip E Y1 - 2008/09/29/ PY - 2008 DA - 2008 Sep 29 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business and business enterprises KW - Business and service sector - Business finance KW - Banking and public and private finance - Credit, loans, and personal finance KW - Law and ethics - Law and jurisprudence KW - Finance KW - Credit KW - Small business KW - Legislation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58829634?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rice%2C+Tara%3BStrahan%2C+Philip+E&rft.aulast=Rice&rft.aufirst=Tara&rft.date=2008-09-29&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Does+Credit+Supply+Affect+Small-Firm+Finance%3F&rft.title=Does+Credit+Supply+Affect+Small-Firm+Finance%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200854/200854pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-54 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - The Effect of Capital Gains Taxation on Home Sales: Evidence from the Taxpayer Relief Act of 1997 AN - 58834301; 2008-442967 AB - The Taxpayer Relief Act of 1997 (TRA97) significantly changed the tax treatment of housing capital gains by allowing homeowners to exclude $500,000 of capital gains when they sell their houses. Using ZIP-code level housing price indexes and sales on single-family houses data from 1982 to 2006 in 16 affluent towns within the Boston metropolitan area, this paper finds that TRA97 reversed the lock-in effect of capital gains taxes on houses with low and moderate capital gains; however, TRA97 may have generated an unintended lock-in effect on houses with capital gains over the maximum exclusion amount. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 28 2008, 51 pp. AU - Shan, Hui Y1 - 2008/09/28/ PY - 2008 DA - 2008 Sep 28 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Housing KW - Business and service sector - Markets, marketing, and merchandising KW - Economic conditions and policy - Economic conditions KW - Law and ethics - Law and jurisprudence KW - Sales KW - Business conditions KW - Housing KW - Capital gains tax KW - Markets KW - Legislation KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58834301?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Shan%2C+Hui&rft.aulast=Shan&rft.aufirst=Hui&rft.date=2008-09-28&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Effect+of+Capital+Gains+Taxation+on+Home+Sales%3A+Evidence+from+the+Taxpayer+Relief+Act+of+1997&rft.title=The+Effect+of+Capital+Gains+Taxation+on+Home+Sales%3A+Evidence+from+the+Taxpayer+Relief+Act+of+1997&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200853/200853pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-53 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Property Taxes and Elderly Mobility AN - 58841967; 2008-442965 AB - The recent housing market boom in the US has caused sharp increases in residential property taxes; and this paper investigates this link between property tax levels and the mobility rate of elderly homeowners, using household-level panel data from the Health and Retirement Study (HRS) and a newly collected dataset on state-provided property tax relief programs. The findings provide evidence suggesting that higher property taxes raise mobility among elderly homeowners. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 16 2008, 47 pp. AU - Shan, Hui Y1 - 2008/09/16/ PY - 2008 DA - 2008 Sep 16 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Taxation and tax policy KW - Population groups, population policy, and demographics - Demography and census KW - Social conditions and policy - Housing KW - Labor conditions and policy - Employment and labor supply KW - United States KW - Housing KW - Property tax KW - Old age KW - Retirement KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58841967?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Shan%2C+Hui&rft.aulast=Shan&rft.aufirst=Hui&rft.date=2008-09-16&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Property+Taxes+and+Elderly+Mobility&rft.title=Property+Taxes+and+Elderly+Mobility&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200850/200850pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-50 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Property Taxes and Elderly Labor Supply AN - 58832932; 2008-442966 AB - The recent housing market boom in the US has caused sharp increases in residential property taxes; and anecdotal evidence suggests that rising property taxes have induced elderly homeowners to increase their labor supply. This paper studies the link between property taxes and elderly labor supply and finds little evidence that property taxes have a significant impact on elderly homeowners' decisions to retire, to re-enter the labor force, or to increase working hours. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 16 2008, 45 pp. AU - Shan, Hui Y1 - 2008/09/16/ PY - 2008 DA - 2008 Sep 16 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Taxation and tax policy KW - Population groups, population policy, and demographics - Demography and census KW - Labor conditions and policy - Employment and labor supply KW - United States KW - Property tax KW - Old age KW - Employment KW - Labor supply KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58832932?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Shan%2C+Hui&rft.aulast=Shan&rft.aufirst=Hui&rft.date=2008-09-16&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Property+Taxes+and+Elderly+Labor+Supply&rft.title=Property+Taxes+and+Elderly+Labor+Supply&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200851/200851pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion ser. 2008-51 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Tax policy at the change in the presidency AN - 37070143; 3825248 JF - National tax journal AU - Auten, Gerald AU - Carroll, Robert AU - Gee, Geoffrey AU - Elmedorf, Douglas W AU - Furman, Jason AU - Gale, William G AU - Harris, Benjamin H AU - Brav, Alon AU - Graham, John R AU - Harvey, Campbell R AU - Michaely, Roni AU - Bull, Nicholas AU - Burnham, Paul AU - Nelson, Susan C AU - Viard, Alan D AU - Hines, Jr., James R. AU - Carlson, Curtis AU - Metcalf, Gilbert E AU - Aldy, Joseph E AU - Ley, Eduardo AU - Parry, Ian AU - Usowski, Kurt AU - Hollar, Mike AU - Follette, Glenn AU - Kuska, Andrea AU - Lutz, Byron F AU - Kodrzycki, Yolanda K AD - US Department of the Treasury ; American University Washington DC ; Brookings Institution ; Duke University ; Cornell University ; Joint Committee on Taxation, Washington DC ; Congressional Budget Office ; American Enterprise Institute ; University of Michigan, Ann Arbor ; US Department of Treasury ; Tufts University ; Resources for the Future, Washington DC ; World Bank ; US Department of Housing and Urban Development ; Federal Reserve System ; Federal Reserve Bank of Boston Y1 - 2008/09// PY - 2008 DA - Sep 2008 SP - 345 EP - 572 VL - LXI IS - 3 SN - 0028-0283, 0028-0283 KW - Economics KW - Property taxes KW - Tax revenue KW - Fiscal administration KW - Tax incentives KW - U.S.A. KW - Tax rates KW - Tax deductions KW - Income tax KW - Tax systems KW - Economic change KW - Environmental tax KW - Budgets KW - Income distribution KW - Fiscal policy KW - Corporate taxation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37070143?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+tax+journal&rft.atitle=Tax+policy+at+the+change+in+the+presidency&rft.au=Auten%2C+Gerald%3BCarroll%2C+Robert%3BGee%2C+Geoffrey%3BElmedorf%2C+Douglas+W%3BFurman%2C+Jason%3BGale%2C+William+G%3BHarris%2C+Benjamin+H%3BBrav%2C+Alon%3BGraham%2C+John+R%3BHarvey%2C+Campbell+R%3BMichaely%2C+Roni%3BBull%2C+Nicholas%3BBurnham%2C+Paul%3BNelson%2C+Susan+C%3BViard%2C+Alan+D%3BHines%2C+Jr.%2C+James+R.%3BCarlson%2C+Curtis%3BMetcalf%2C+Gilbert+E%3BAldy%2C+Joseph+E%3BLey%2C+Eduardo%3BParry%2C+Ian%3BUsowski%2C+Kurt%3BHollar%2C+Mike%3BFollette%2C+Glenn%3BKuska%2C+Andrea%3BLutz%2C+Byron+F%3BKodrzycki%2C+Yolanda+K&rft.aulast=Auten&rft.aufirst=Gerald&rft.date=2008-09-01&rft.volume=LXI&rft.issue=3&rft.spage=345&rft.isbn=&rft.btitle=&rft.title=National+tax+journal&rft.issn=00280283&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Collection of 13 articles N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 5001 3977 5574 10472; 12569 12571; 3893 3921; 12560 12571; 6283 12576; 2898 12571; 10343 12576; 4345 12576; 12550 4926 3944 3889 6071 1542 11325; 6274 3641 12233; 12539 12571; 4995 567; 1811 4937 7625; 12564 6271; 433 293 14 ER - TY - JOUR T1 - The connection between house price appreciation and property tax revenues AN - 37065646; 3825142 JF - National tax journal AU - Lutz, Byron F AD - Federal Reserve System Y1 - 2008/09// PY - 2008 DA - Sep 2008 SP - 555 EP - 572 VL - LXI IS - 3 SN - 0028-0283, 0028-0283 KW - Economics KW - Causality KW - Property taxes KW - Price level KW - Tax revenue KW - Housing prices KW - Housing market KW - Local finance KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37065646?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+tax+journal&rft.atitle=The+connection+between+house+price+appreciation+and+property+tax+revenues&rft.au=Lutz%2C+Byron+F&rft.aulast=Lutz&rft.aufirst=Byron&rft.date=2008-09-01&rft.volume=LXI&rft.issue=3&rft.spage=555&rft.isbn=&rft.btitle=&rft.title=National+tax+journal&rft.issn=00280283&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6065 10107; 10343 12576; 12564 6271; 7504 4908; 6060 7711; 2088 10642 2688 2449 10404; 10090; 433 293 14 ER - TY - JOUR T1 - State and local finances and the macroeconomy: the high-employment budget and fiscal impetus AN - 37065506; 3825140 JF - National tax journal AU - Follette, Glenn AU - Kuska, Andrea AU - Lutz, Byron F AD - Federal Reserve System Y1 - 2008/09// PY - 2008 DA - Sep 2008 SP - 531 EP - 546 VL - LXI IS - 3 SN - 0028-0283, 0028-0283 KW - Economics KW - Expenditure KW - Fiscal administration KW - Macroeconomics KW - Budgets KW - Gross domestic product KW - Local finance KW - U.S.A. KW - Cyclical analysis KW - Fiscal policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37065506?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+tax+journal&rft.atitle=State+and+local+finances+and+the+macroeconomy%3A+the+high-employment+budget+and+fiscal+impetus&rft.au=Follette%2C+Glenn%3BKuska%2C+Andrea%3BLutz%2C+Byron+F&rft.aulast=Follette&rft.aufirst=Glenn&rft.date=2008-09-01&rft.volume=LXI&rft.issue=3&rft.spage=531&rft.isbn=&rft.btitle=&rft.title=National+tax+journal&rft.issn=00280283&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 5001 3977 5574 10472; 7585 4025; 7504 4908; 1811 4937 7625; 5627 8503 10242 3872 554 971; 4618; 4995 567; 3245 971; 433 293 14 ER - TY - JOUR T1 - Do borrowers know their mortgage terms? AN - 37021389; 3803116 AB - We assess whether borrowers know their mortgage terms by comparing the distributions of these variables in the household-reported Survey of Consumer Finances (SCF) to the distributions in lender-reported data. We also examine the characteristics of SCF respondents who report not knowing these contract terms. Although most borrowers seem to know basic mortgage terms, borrowers with adjustable-rate mortgages appear likely to underestimate or to not know how much their interest rates could change. Borrowers who could experience large payment changes if interest rates rose are more likely to report not knowing these contract terms. Difficulties with gathering and processing information appear to be a factor in borrowers' lack of knowledge. All rights reserved, Elsevier JF - Journal of urban economics AU - Bucks, B AU - Pence, Karen AD - Federal Reserve System Y1 - 2008/09// PY - 2008 DA - Sep 2008 SP - 218 EP - 233 VL - 64 IS - 2 SN - 0094-1190, 0094-1190 KW - Economics KW - Interest rates KW - Contracts KW - Consumers KW - U.S.A. KW - Payments KW - Borrowing KW - Knowledge KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37021389?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+urban+economics&rft.atitle=Do+borrowers+know+their+mortgage+terms%3F&rft.au=Bucks%2C+B%3BPence%2C+Karen&rft.aulast=Bucks&rft.aufirst=B&rft.date=2008-09-01&rft.volume=64&rft.issue=2&rft.spage=218&rft.isbn=&rft.btitle=&rft.title=Journal+of+urban+economics&rft.issn=00941190&rft_id=info:doi/10.1016%2Fj.jue.2008.07.005 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8299; 2803 3874 556; 7073; 1722 4577 3872 554 971; 2841 2300 7253; 6637 6632; 9295; 433 293 14 DO - http://dx.doi.org/10.1016/j.jue.2008.07.005 ER - TY - BOOK T1 - Friends or Foes? The Stock Price Impact of Sovereign Wealth Fund Investments and the Price of Keeping Secrets AN - 58781891; 2008-202496 AB - This paper examines the stock price impact of 163 announcements of Sovereign Wealth Fund (SWF) investments and documents an average positive risk-adjusted return of 2.1% for target firms during two days surrounding SWF acquisition announcements. Overall, the findings suggest that SWF investments convey a positive signal to market participants about the target firm, increased SWF transparency is enjoyed by both the SWF and existing shareholders, and SWFs are passive investors. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Aug 2008, 59 pp. AU - Kotter, Jason AU - Lel, Ugur Y1 - 2008/08// PY - 2008 DA - August 2008 PB - Board of Governors of the Federal Reserve System KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Accounting KW - Economic conditions and policy - Property and wealth KW - Banking and public and private finance - International banking and finance and financial institutions KW - Law and ethics - Law and jurisprudence KW - Secrecy (law) KW - Investments KW - Assets KW - International finance KW - Stock market KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58781891?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Kotter%2C+Jason%3BLel%2C+Ugur&rft.aulast=Kotter&rft.aufirst=Jason&rft.date=2008-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Friends+or+Foes%3F+The+Stock+Price+Impact+of+Sovereign+Wealth+Fund+Investments+and+the+Price+of+Keeping+Secrets&rft.title=Friends+or+Foes%3F+The+Stock+Price+Impact+of+Sovereign+Wealth+Fund+Investments+and+the+Price+of+Keeping+Secrets&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2008/940/ifdp940.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - International Finance Discussion pa. no. 940 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Revisiting the uncertain unit root in GDP and CPI: testing for non-linear trend reversion AN - 36943812; 3755397 AB - We test for the presence of a unit root in U.S. GDP and CPI, allowing for non-linear trend reversion under the alternative hypothesis. In contrast to most previous results, we find evidence in favour of trend stationarity for both variables. All rights reserved, Elsevier JF - Economics letters AU - Beechey, Meredith AU - Osterholm, P AD - Federal Reserve System Y1 - 2008/08// PY - 2008 DA - Aug 2008 SP - 221 EP - 223 VL - 100 IS - 2 SN - 0165-1765, 0165-1765 KW - Economics KW - Unit root KW - Uncertainty KW - Consumer Price Index KW - Non-linear models KW - Gross domestic product UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36943812?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economics+letters&rft.atitle=Revisiting+the+uncertain+unit+root+in+GDP+and+CPI%3A+testing+for+non-linear+trend+reversion&rft.au=Beechey%2C+Meredith%3BOsterholm%2C+P&rft.aulast=Beechey&rft.aufirst=Meredith&rft.date=2008-08-01&rft.volume=100&rft.issue=2&rft.spage=221&rft.isbn=&rft.btitle=&rft.title=Economics+letters&rft.issn=01651765&rft_id=info:doi/10.1016%2Fj.econlet.2008.01.013 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8712 8163; 13078; 5627 8503 10242 3872 554 971; 2775 10086 DO - http://dx.doi.org/10.1016/j.econlet.2008.01.013 ER - TY - JOUR T1 - Explaining a productive decade AN - 36947065; 3763183 AB - This paper analyzes the sources of U.S. productivity growth in recent years using both aggregate and industry-level data. We confirm the central role for information technology (IT) in the productivity revival during 1995-2000 and show that IT played a significant, though smaller, role after 2000. Productivity growth after 2000 appears to have been boosted by industry restructuring and cost cutting in response to profit pressures, an unlikely source of future strength. In addition, the incorporation of intangible capital into the growth accounting framework takes some of the luster off the performance of labor productivity since 2000 and makes the gain during 1995-2000 look larger than in the official data. Finally, we examine the outlook for trend growth in labor productivity; our estimate, though subject to much uncertainty, is centered at 2-14% a year, faster than the lackluster pace that prevailed before 1995 but somewhat slower than the 1995-2006 average. All rights reserved, Elsevier JF - Journal of policy modeling AU - Oliner, Stephen D AU - Sichel, D E AU - Stiroh, K J AD - Federal Reserve System Y1 - 2008/07// PY - 2008 DA - Jul 2008 SP - 633 EP - 673 VL - 30 IS - 4 SN - 0161-8938, 0161-8938 KW - Economics KW - Labour productivity KW - Longitudinal studies KW - Measurement KW - Productivity growth KW - Cost analysis KW - Information technology KW - U.S.A. KW - Accounting KW - Industrial structure UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36947065?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+policy+modeling&rft.atitle=Explaining+a+productive+decade&rft.au=Oliner%2C+Stephen+D%3BSichel%2C+D+E%3BStiroh%2C+K+J&rft.aulast=Oliner&rft.aufirst=Stephen&rft.date=2008-07-01&rft.volume=30&rft.issue=4&rft.spage=633&rft.isbn=&rft.btitle=&rft.title=Journal+of+policy+modeling&rft.issn=01618938&rft_id=info:doi/10.1016%2Fj.jpolmod.2008.04.007 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10282 3939; 7854; 7541 7537 971; 6538 6515 12622; 6415 4014; 2920 971 2934 3883; 528 4937 7625; 7171 10280; 433 293 14 DO - http://dx.doi.org/10.1016/j.jpolmod.2008.04.007 ER - TY - JOUR T1 - Inflation band targeting and optimal inflation contracts AN - 36907160; 3558743 JF - Journal of money, credit and banking AU - Mishkin, Frederic S AU - Westelius, Niklas J AD - Federal Reserve System ; City University of New York Y1 - 2008/06// PY - 2008 DA - Jun 2008 SP - 557 EP - 582 VL - 40 IS - 4 SN - 0022-2879, 0022-2879 KW - Economics KW - Central banks KW - Interest rates KW - Monetary equilibrium KW - Monetary economics KW - Inflation targeting KW - Monetary theory UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36907160?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Inflation+band+targeting+and+optimal+inflation+contracts&rft.au=Mishkin%2C+Frederic+S%3BWestelius%2C+Niklas+J&rft.aulast=Mishkin&rft.aufirst=Frederic&rft.date=2008-06-01&rft.volume=40&rft.issue=4&rft.spage=557&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 8231; 8207 4375; 6637 6632; 6508 1116 8217 3977 5574 10472; 2113 1477 4930 6590 ER - TY - JOUR T1 - Order flow and exchange rate dynamics in electronic brokerage system data AN - 36938514; 3758472 AB - We analyze the association between order flow and exchange rates using a new dataset representing a majority of global interdealer transactions in the two most-traded currency pairs at the one minute frequency over a six-year time period. This long span of high-frequency data allows us to gain new insights about the joint behavior of these series. We first confirm the presence of a substantial association between interdealer order flow and exchange rate returns at horizons ranging from 1 min to two weeks, but find that the association is substantially weaker at longer horizons. We study the time-variation of the association between exchange rate returns and order flow both intradaily and over the long term, and show that the relationship appears to be stronger when market liquidity is lower. Overall, our study supports the view that liquidity effects play an important role in the relationship between order flow and exchange rate changes. This by no means rules out a role for order flow as a channel by which fundamental information is transmitted to the market, as we show that our findings are quite consistent with a recent model by Bacchetta and Van Wincoop (2006: Can information heterogeneity explain the exchange rate determination puzzle? American Economic Review, 96, pp. 552-576.) that combines both liquidity and information effects. All rights reserved, Elsevier JF - Journal of international economics AU - Berger, D W AU - Chaboud, A P AU - Chernenko, S V AU - Howorka, E AU - Wright, Jonathan H AD - Federal Reserve System Y1 - 2008/05// PY - 2008 DA - May 2008 SP - 93 EP - 109 VL - 75 IS - 1 SN - 0022-1996, 0022-1996 KW - Economics KW - Information KW - Liquidity KW - Time KW - Determinants KW - Data analysis KW - Dynamics KW - Exchange rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36938514?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+economics&rft.atitle=Order+flow+and+exchange+rate+dynamics+in+electronic+brokerage+system+data&rft.au=Berger%2C+D+W%3BChaboud%2C+A+P%3BChernenko%2C+S+V%3BHoworka%2C+E%3BWright%2C+Jonathan+H&rft.aulast=Berger&rft.aufirst=D&rft.date=2008-05-01&rft.volume=75&rft.issue=1&rft.spage=93&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+economics&rft.issn=00221996&rft_id=info:doi/10.1016%2Fj.jinteco.2007.10.004 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4587; 3787; 12756; 7446; 6515; 3279 971 3286; 3465 7815 971 2085 2088 10642 2688 2449 10404 DO - http://dx.doi.org/10.1016/j.jinteco.2007.10.004 ER - TY - JOUR T1 - The fed's road toward greater transparency AN - 37103139; 3848400 JF - Cato journal AU - Bernanke, Ben S AD - Federal Reserve System Y1 - 2008/04// PY - 2008 DA - Apr 2008 SP - 175 EP - 186 VL - 28 IS - 2 SN - 0273-3072, 0273-3072 KW - Economics KW - Inflation KW - Policy making KW - Monetary policy KW - Policy studies UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37103139?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Cato+journal&rft.atitle=The+fed%27s+road+toward+greater+transparency&rft.au=Bernanke%2C+Ben+S&rft.aulast=Bernanke&rft.aufirst=Ben&rft.date=2008-04-01&rft.volume=28&rft.issue=2&rft.spage=175&rft.isbn=&rft.btitle=&rft.title=Cato+journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8217 3977 5574 10472; 9625 9628; 6500 8206 7585 4025; 9628 ER - TY - JOUR T1 - International risk sharing and the transmission of productivity shocks AN - 36869401; 3539313 AB - This paper shows that standard international business cycle models can be reconciled with the empirical evidence on the lack of consumption risk sharing. First, we show analytically that with incomplete asset markets productivity disturbances can have large uninsurable effects on wealth, depending on the value of the trade elasticity and shock persistence. Second, we investigate these findings quantitatively in a model calibrated to the U.S. economy. With the low trade elasticity estimated via a method of moments procedure, the consumption risk of productivity shocks is magnified by high terms of trade and real exchange rate (RER) volatility. Strong wealth effects in response to shocks raise the demand for domestic goods above supply, crowding out external demand and appreciating the terms of trade and the RER. Building upon the literature on incomplete markets, we then show that similar results are obtained when productivity shocks are nearly permanent, provided the trade elasticity is set equal to the high values consistent with micro-estimates. Under both approaches the model accounts for the low and negative correlation between the RER and relative (domestic to foreign) consumption in the data-the 'Backus-Smith puzzle'. Reprinted by permission of Blackwell Publishers JF - Review of economic studies AU - Corsetti, Giancarlo AU - Dedola, Luca AU - Leduc, Sylvain AD - European University Institute ; European Central Bank ; Federal Reserve System Y1 - 2008/04// PY - 2008 DA - Apr 2008 SP - 443 EP - 474 VL - 75(2) IS - 263 SN - 0034-6527, 0034-6527 KW - Economics KW - International trade KW - World economy KW - Business cycle transmissions KW - Risk sharing KW - U.S.A. KW - Economic fluctuations KW - International economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36869401?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+economic+studies&rft.atitle=International+risk+sharing+and+the+transmission+of+productivity+shocks&rft.au=Corsetti%2C+Giancarlo%3BDedola%2C+Luca%3BLeduc%2C+Sylvain&rft.aulast=Corsetti&rft.aufirst=Giancarlo&rft.date=2008-04-01&rft.volume=75%282%29&rft.issue=263&rft.spage=443&rft.isbn=&rft.btitle=&rft.title=Review+of+economic+studies&rft.issn=00346527&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6725 4025; 13746 4025; 1849 1850; 11039 11035; 6802 12812 6725 4025; 3932; 433 293 14 ER - TY - JOUR T1 - Solving linear rational expectations models: a horse race AN - 36999730; 3786603 AB - This paper compares the generality, accuracy and computational speed of alternative approaches to solving linear rational expectations models, including the procedures of Sims (Solving linear rational expectations models, 1996), Anderson and Moore (Unpublished manuscript, 1983), Binder and Pesaran (Multivariate rational expectations models and macroeconometric modelling: A review and some new results, 1994), King and Watson (International Economic review, 39, 1015-1026, 1998), Klein (Journal of Economic Dynamics and Control, 24, 1405-1423, 1999), and Uhlig (A toolkit for analyzing nonlinear dynamic stochastic models easily, 1999). While all six procedures yield equivalent results for models with a unique stationary solution, the algorithm of Anderson and Moore (Unpublished manuscript, 1983) is the fastest and provides the highest accuracy; furthermore, the speed advantage increases with the size of the model. Reprinted by permission of Springer JF - Computational economics AU - Anderson, G S AD - Federal Reserve System Y1 - 2008/03// PY - 2008 DA - Mar 2008 SP - 95 EP - 114 VL - 31 IS - 2 SN - 0927-7099, 0927-7099 KW - Economics KW - Mathematical economics KW - Algorithms KW - Computational methods KW - Rational expectations KW - Linear models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36999730?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Computational+economics&rft.atitle=Solving+linear+rational+expectations+models%3A+a+horse+race&rft.au=Anderson%2C+G+S&rft.aulast=Anderson&rft.aufirst=G&rft.date=2008-03-01&rft.volume=31&rft.issue=2&rft.spage=95&rft.isbn=&rft.btitle=&rft.title=Computational+economics&rft.issn=09277099&rft_id=info:doi/10.1007%2Fs10614-007-9108-0 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10618 4614; 7419 8163; 7817 4025; 2671 10919; 918 7824 DO - http://dx.doi.org/10.1007/s10614-007-9108-0 ER - TY - JOUR T1 - The liquidity effect in the federal funds market: evidence at the monthly frequency AN - 36842222; 3523862 AB - In this paper, we argue that much of the research into the link between money and interest rates suffers from misspecification. The measure of money and the measure of interest rates are not always well matched. In examining the transmission of monetary policy, we show that using an appropriate measure of money, Federal Reserve balances, and the appropriate interest rate, the federal funds rate, a clear liquidity effect exists. Furthermore, we explain how a lack of a clear institutional understanding may have contributed to the finding of a 'liquidity puzzle' in the past. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Carpenter, Seth AU - Demiralp, Selva AD - Federal Reserve System ; Koç University Y1 - 2008/02// PY - 2008 DA - Feb 2008 SP - 1 EP - 24 VL - 40 IS - 1 SN - 0022-2879, 0022-2879 KW - Economics KW - Liquidity KW - Central banks KW - Interest rates KW - Monetary economics KW - Capital market KW - Financial economics KW - Transmission mechanism KW - U.S.A. KW - Money market UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36842222?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=The+liquidity+effect+in+the+federal+funds+market%3A+evidence+at+the+monthly+frequency&rft.au=Carpenter%2C+Seth%3BDemiralp%2C+Selva&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2008-02-01&rft.volume=40&rft.issue=1&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4922 4025; 1983 7711; 8242 7711; 6637 6632; 8206 7585 4025; 2113 1477 4930 6590; 7446; 12928 12916; 433 293 14 ER - TY - JOUR T1 - Corporate asset purchases and sales: Theory and evidence AN - 36810532; 3492808 AB - Purchases and sales of operating assets by firms generated $162 billion for shareholders over the past 20 years. This contrasts sharply with the evidence on mergers. This paper characterizes the behavior of value-maximizing firms, which could grow organically, purchase existing assets, or sell assets. The approach yields an endogenous selection model that links asset purchases and sales to fundamental properties of the firm. Empirical tests confirm the predictions of the model. In particular, return on assets and size strongly predict when firms purchase or sell assets, and the transaction size covaries with the value of capital employed by the firm. These findings indicate that corporate asset purchases and sales are consistent with efficient investment decisions. All rights reserved, Elsevier JF - Journal of financial economics AU - Warusawitharana, M AD - Federal Reserve System, Washington DC Y1 - 2008/02// PY - 2008 DA - Feb 2008 SP - 471 EP - 497 VL - 87 IS - 2 SN - 0304-405X, 0304-405X KW - Economics KW - Firm theory KW - Value KW - Assets KW - Acquisitions KW - Economic forecasts KW - Corporate finance KW - Capital KW - Investment UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36810532?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+financial+economics&rft.atitle=Corporate+asset+purchases+and+sales%3A+Theory+and+evidence&rft.au=Warusawitharana%2C+M&rft.aulast=Warusawitharana&rft.aufirst=M&rft.date=2008-02-01&rft.volume=87&rft.issue=2&rft.spage=471&rft.isbn=&rft.btitle=&rft.title=Journal+of+financial+economics&rft.issn=0304405X&rft_id=info:doi/10.1016%2Fj.jfineco.2007.02.005 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 547 2527 3896 3921; 1348 9079; 13234 2523 4577 3872 554 971; 6852; 4987 1880 10902 1841; 2887 4908; 3937 5163; 1952 DO - http://dx.doi.org/10.1016/j.jfineco.2007.02.005 ER - TY - BOOK T1 - Starting Small and Ending Big -- The Effect of Monetary Incentives on Response Rates in the 2003 Survey of Small Business Finances: An Observational Experiment AN - 58780497; 2008-202488 AB - In 2003, the Survey of Small Business Finances (SSBF), conducted by the Federal Reserve Board, implemented the use of incentives to increase response rates. This study examines the effects of some of the characteristics of the implementation -- such as level of effort, time in queue, and consecutively-increasing incentive amounts -- on unit response. The estimates suggest that as the number of days increase between the initial screener and main interview, the probability of completion decreases. Tables, Figures. JF - Board of Governors of the Federal Reserve System, 2008, 26 pp. AU - Mach, Traci L AU - Hazelwood, Lieu N AU - Woken, John D Y1 - 2008///0, PY - 2008 DA - 0, 2008 PB - Board of Governors of the Federal Reserve System KW - Business and service sector - Business and business enterprises KW - Business and service sector - Business finance KW - Education and education policy - Statistics, research, research methods, and research support KW - Finance KW - Surveys KW - Small business KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58780497?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Mach%2C+Traci+L%3BHazelwood%2C+Lieu+N%3BWoken%2C+John+D&rft.aulast=Mach&rft.aufirst=Traci&rft.date=2008-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Starting+Small+and+Ending+Big+--+The+Effect+of+Monetary+Incentives+on+Response+Rates+in+the+2003+Survey+of+Small+Business+Finances%3A+An+Observational+Experiment&rft.title=Starting+Small+and+Ending+Big+--+The+Effect+of+Monetary+Incentives+on+Response+Rates+in+the+2003+Survey+of+Small+Business+Finances%3A+An+Observational+Experiment&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200826/200826pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2008 N1 - SuppNotes - Finance and Economics Discussion Ser. 2008-26 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The effect of removing geographic restrictions on banking in the United States: lessons for Europe AN - 36988540; 3780649 AB - In this paper the author argues that cross-border, intra-European bank mergers are likely to generate benefits similar to those enjoyed in the United States when interstate banking restrictions were removed. These benefits include greater banking efficiency, higher economic and employment growth, more entrepreneurial activity, and reduced economic volatility. Reprinted by permission of Blackwell Publishers JF - Financial markets, institutions and instruments AU - Kroszner, Randall S AD - Federal Reserve System Y1 - 2008 PY - 2008 DA - 2008 SP - 5 EP - 18 VL - 17 IS - 1 SN - 0963-8008, 0963-8008 KW - Economics KW - Bank regulation KW - Banking system KW - Financial economics KW - Bank operations KW - Commercial banks KW - Financial regulation KW - Mergers KW - Europe KW - Market structure UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36988540?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Financial+markets%2C+institutions+and+instruments&rft.atitle=The+effect+of+removing+geographic+restrictions+on+banking+in+the+United+States%3A+lessons+for+Europe&rft.au=Kroszner%2C+Randall+S&rft.aulast=Kroszner&rft.aufirst=Randall&rft.date=2008-01-01&rft.volume=17&rft.issue=1&rft.spage=5&rft.isbn=&rft.btitle=&rft.title=Financial+markets%2C+institutions+and+instruments&rft.issn=09638008&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4922 4025; 4948 10742; 1463 10742 1477 4930 6590; 1474 1477 4930 6590; 2526 1477 4930 6590; 7969 2527 3896 3921; 7736 4014; 1460 1477 4930 6590; 129 ER - TY - JOUR T1 - Issues related to the implementation of new financial regulations AN - 36985367; 3781110 JF - Financial markets, institutions and instruments AU - Kroszner, Randall S AU - Pan, Nicholas Le AU - Laker, John AU - Ping, Luo AU - Herring, Richard J AU - Carmassi, Jacopo AU - Quinn, Brian AU - Benink, Harald AU - Daníelsson, Jón AU - Jónsson, Ásgeir AU - Krall, Markus AU - Vatnick, Silvina AU - Ridley, Adam AD - Federal Reserve System ; Australian Prudential Regulation Authority ; China Banking Regulatory Commission ; University of Pennsylvania ; University of Glasgow ; Erasmus University Rotterdam ; Duke University ; University of Iceland ; Converium AG ; Equitas Trust Y1 - 2008 PY - 2008 DA - 2008 SP - 1 EP - 136 VL - 17 IS - 1 SN - 0963-8008, 0963-8008 KW - Economics KW - Basel II KW - Bank regulation KW - Capital formation KW - Regulatory policy KW - Accounting methods KW - Financial economics KW - Europe KW - Clearing systems KW - International monetary relations KW - Market structure KW - Banking system KW - International finance KW - Bank operations KW - International Financial Reporting Standards KW - Financial services KW - Australia KW - China KW - Emerging markets KW - Securities issues KW - Commercial banks KW - Economic stability KW - Financing methods KW - Financial reporting KW - Financial regulation KW - Credit market KW - Mergers KW - Governance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36985367?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Financial+markets%2C+institutions+and+instruments&rft.atitle=Issues+related+to+the+implementation+of+new+financial+regulations&rft.au=Kroszner%2C+Randall+S%3BPan%2C+Nicholas+Le%3BLaker%2C+John%3BPing%2C+Luo%3BHerring%2C+Richard+J%3BCarmassi%2C+Jacopo%3BQuinn%2C+Brian%3BBenink%2C+Harald%3BDan%C3%ADelsson%2C+J%C3%B3n%3BJ%C3%B3nsson%2C+%C3%81sgeir%3BKrall%2C+Markus%3BVatnick%2C+Silvina%3BRidley%2C+Adam&rft.aulast=Kroszner&rft.aufirst=Randall&rft.date=2008-01-01&rft.volume=17&rft.issue=1&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=Financial+markets%2C+institutions+and+instruments&rft.issn=09638008&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Collection of 8 articles N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4922 4025; 4948 10742; 1463 10742 1477 4930 6590; 1474 1477 4930 6590; 2526 1477 4930 6590; 7969 2527 3896 3921; 7736 4014; 1460 1477 4930 6590; 2998 7711; 4968 4908; International Financial Reporting Standards; 530 528 4937 7625; 4950; 4957; 4007 3898; 10745 7584 3977 5574 10472; 6766 6723 3993; 6727 4908 6725 4025; 1968 1952; 5549; 4191 7711; 11431; 2372; 129; 34 309; 93 116 30 ER - TY - BOOK T1 - Market Conditions and Hedge Fund Survival AN - 58795331; 2008-202489 AB - As the hedge fund industry has grown, there has been increased concern that, during sharp market moves, hedge fund failures could exacerbate the deterioration in financial conditions and deepen a crisis. This paper examines the relationship between financial market conditions and the likelihood of hedge fund failure after controlling for performance and other characteristics, and it finds that market returns and volatility influence fund failures, although the impact depends on the funds' investment strategies and, in general, the hedge fund industry is generally robust to different shocks. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Dec 2007, 30 pp. AU - Carlson, Mark AU - Steinman, Jason Y1 - 2007/12// PY - 2007 DA - December 2007 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Economic conditions KW - Banking and public and private finance - Investments and securities KW - Business and service sector - Markets, marketing, and merchandising KW - Business and service sector - Business management KW - Risk management KW - Markets KW - Hedging KW - Economic conditions KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58795331?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Carlson%2C+Mark%3BSteinman%2C+Jason&rft.aulast=Carlson&rft.aufirst=Mark&rft.date=2007-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Market+Conditions+and+Hedge+Fund+Survival&rft.title=Market+Conditions+and+Hedge+Fund+Survival&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200828/200828pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2007 N1 - SuppNotes - Finance and Economics Discussion Ser. 2008-28 N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Does the NEA Crowd Out Private Charitable Contributions to the Arts? AN - 58765386; 2008-150604 AB - Extends a theoretical model of the crowding out hypothesis, whereby government contributions to a public good displace private giving, in order to illustrate how dollar-for-dollar crowding out is possible even when individuals regard their own contributions and government grants as imperfect substitutes. It was estimated that private charitable contributions to arts organizations increased by 60 cents to a dollar due to a major funding cut to the National Endowment for the Arts (NEA) during the mid-1990s. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Nov 2007, 46 pp. AU - Dokko, Jane K Y1 - 2007/11// PY - 2007 DA - November 2007 PB - Board of Governors of the Federal Reserve System KW - Culture and religion - Arts and arts policy KW - Banking and public and private finance - Philanthropy KW - Art KW - Philanthropy KW - United States National endowment for the arts KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58765386?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Dokko%2C+Jane+K&rft.aulast=Dokko&rft.aufirst=Jane&rft.date=2007-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Does+the+NEA+Crowd+Out+Private+Charitable+Contributions+to+the+Arts%3F&rft.title=Does+the+NEA+Crowd+Out+Private+Charitable+Contributions+to+the+Arts%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2008/200810/200810pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2007 N1 - SuppNotes - 2008-10 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Opportunities and issues in using HMDA data AN - 36924892; 3566492 JF - Journal of real estate research AU - Avery, Robert B AU - Brevoort, Kenneth P AU - Canner, Glenn B AD - Federal Reserve System ; Reserve System Y1 - 2007/10// PY - 2007 DA - Oct 2007 SP - 351 EP - 380 VL - 29 IS - 4 SN - 0896-5803, 0896-5803 KW - Economics KW - Home Mortgage Disclosure Act KW - Mortgage markets KW - Financial regulation KW - Housing market KW - Financial reporting KW - U.S.A. KW - Real estate market KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36924892?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+real+estate+research&rft.atitle=Opportunities+and+issues+in+using+HMDA+data&rft.au=Avery%2C+Robert+B%3BBrevoort%2C+Kenneth+P%3BCanner%2C+Glenn+B&rft.aulast=Avery&rft.aufirst=Robert&rft.date=2007-10-01&rft.volume=29&rft.issue=4&rft.spage=351&rft.isbn=&rft.btitle=&rft.title=Journal+of+real+estate+research&rft.issn=08965803&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6060 7711; 10632 10630 10339; 8298 7711; 8299; 4948 10742; 4950; 433 293 14 ER - TY - JOUR T1 - Productive capacity, product varieties, and the elasticities approach to the trade balance AN - 36805712; 3506801 AB - Most macroeconomic models imply that faster income growth tends either to lower a country's trade balance by raising its imports with little change to its exports or to reduce its terms of trade in order to maintain balanced trade. Krugman (1989) proposed a model in which countries grow by producing new varieties of goods. In his model, faster-growing countries are able to export these new goods and maintain balanced trade without suffering any deterioration in their terms of trade. This paper analyzes the growth of US imports from different source countries and finds strong support for Krugman's model. Reprinted by permission of Blackwell Publishers JF - Review of international economics AU - Gagnon, Joseph E AD - Federal Reserve System, Washington DC Y1 - 2007/09// PY - 2007 DA - Sep 2007 SP - 639 EP - 659 VL - 15 IS - 4 SN - 0965-7576, 0965-7576 KW - Economics KW - International trade KW - Imports KW - Macroeconomics KW - Growth rates KW - Terms of trade KW - Balance of trade KW - International economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36805712?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+international+economics&rft.atitle=Productive+capacity%2C+product+varieties%2C+and+the+elasticities+approach+to+the+trade+balance&rft.au=Gagnon%2C+Joseph+E&rft.aulast=Gagnon&rft.aufirst=Joseph&rft.date=2007-09-01&rft.volume=15&rft.issue=4&rft.spage=639&rft.isbn=&rft.btitle=&rft.title=Review+of+international+economics&rft.issn=09657576&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6725 4025; 12676 12812; 1442 12812; 6802 12812 6725 4025; 6261 6802 12812 6725 4025; 5683 3939; 7585 4025 ER - TY - JOUR T1 - Poverty, petroleum & policy intervention: lessons from the Chad-Cameroon pipeline AN - 36775161; 3479543 AB - The 'resource curse' - the tendency of resource wealth to impair natural resource exporting countries on various economic and political dimensions - has shown some of its strongest manifestations in Africa's petro-states. For this reason, the World Bank's recent attempt to engineer an accountable and transparent oil economy in one of Africa's poorest and most corrupt countries - Chad - deserves close scrutiny and critical analysis. Although the World Bank has conducted the Chad-Cameroon Pipeline Project with the belief that the 'resource curse' can be mitigated through sound economic and fiscal policies, the results thus far suggest that Chad is doomed to repeat an all too familiar fate of economic turmoil and political strife. This article draws on the disappointing realities since Chad's first oil exports, and examines three major factors underlying Chad's unsuccessful conversion of oil revenues into poverty reduction: institutional capacity constraints, socio-political incompatibilities, and subversive interactions with external lenders. Although the majority of critics attribute the project's failures to the World Bank's policy choices and management, this analysis suggests that the project has been hindered more by the external nature of the World Bank's policy intervention than by any particular design flaws. Given the shortcomings of the Bank's intervention, this article considers plausible revisions to the project, and draws policy implications for future development endeavours of this nature. Reprinted by permission of Carfax Publishing, Taylor & Francis Ltd. JF - Review of African political economy AU - Kojucharov, Nikola AD - Federal Reserve System Y1 - 2007/09// PY - 2007 DA - Sep 2007 SP - 477 EP - 496 VL - 34 IS - 113 SN - 0305-6244, 0305-6244 KW - Political Science KW - Economics KW - Chad KW - Political conditions KW - Poverty KW - African studies KW - Economic policy KW - Cameroon KW - Economic conditions KW - Oil industry KW - Political economy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36775161?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+African+political+economy&rft.atitle=Poverty%2C+petroleum+%26amp%3B+policy+intervention%3A+lessons+from+the+Chad-Cameroon+pipeline&rft.au=Kojucharov%2C+Nikola&rft.aulast=Kojucharov&rft.aufirst=Nikola&rft.date=2007-09-01&rft.volume=34&rft.issue=113&rft.spage=477&rft.isbn=&rft.btitle=&rft.title=Review+of+African+political+economy&rft.issn=03056244&rft_id=info:doi/1080%2F03056240701672619 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3977 5574 10472; 8893 6431; 9962; 9664; 3898; 633 1247; 9684; 88 82 2; 74 456 2 DO - http://dx.doi.org/1080/03056240701672619 ER - TY - JOUR T1 - The expectations theory works for monetary policy shocks AN - 36685582; 3434198 AB - In practice, the expectations theory of the term structure is employed extensively in monetary policy analysis despite its empirical failure. This paper performs a conditional test of the theory that is directly relevant to monetary theory and policy. It finds that the theory holds quite well conditional on identified monetary policy shocks, but fails conditional on aggregate supply shocks that prompt an immediate jump in prices. It also finds that policy responses to movements in the term structure play an important role in uncovering evidence for the theory as predicted by McCallum [1994. Monetary policy and the term structure of interest rates. NBER Working Paper Series, no. 4938]. All rights reserved, Elsevier JF - Journal of monetary economics AU - Roush, Jennifer E AD - US Federal Reserve System Y1 - 2007/09// PY - 2007 DA - Sep 2007 SP - 1631 EP - 1643 VL - 54 IS - 6 SN - 0304-3932, 0304-3932 KW - Economics KW - Term structure KW - Supply shock KW - Empirical research KW - Monetary policy KW - Monetary theory KW - Expectation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36685582?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+monetary+economics&rft.atitle=The+expectations+theory+works+for+monetary+policy+shocks&rft.au=Roush%2C+Jennifer+E&rft.aulast=Roush&rft.aufirst=Jennifer&rft.date=2007-09-01&rft.volume=54&rft.issue=6&rft.spage=1631&rft.isbn=&rft.btitle=&rft.title=Journal+of+monetary+economics&rft.issn=03043932&rft_id=info:doi/10.1016%2Fj.jmoneco.2006.06.009 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 12672 6637 6632; 8231; 4614; 8217 3977 5574 10472; 12406 12401 12402 4025 3934; 4200 10902 DO - http://dx.doi.org/10.1016/j.jmoneco.2006.06.009 ER - TY - JOUR T1 - Valuing publicly sponsored research projects: risks, scenario adjustments, and inattention AN - 36806970; 3506896 AB - Survey-based choice scenarios used to value non-market public goods typically preclude any risk that the benefits described may not be delivered. Our survey specifies explicit risks of (a) outright program failure and (b) program redundancy due to possible private sector substitutes. Additionally, most analyses assume that survey subjects fully accept these scenarios and that all provided information receives their complete attention. Our discounted expected utility model of choice accommodates both these objective risks and the possibility of subjective scenario adjustment or selective inattention by respondents. We then counter-factually simulate willingness-to-pay in the absence of these distortions. Reprinted by permission of Springer JF - Journal of risk and uncertainty AU - Burghart, D R AU - Cameron, T A AU - Gerdes, G R AD - University of Oregon ; Federal Reserve System, Washington DC Y1 - 2007/08// PY - 2007 DA - Aug 2007 SP - 77 EP - 105 VL - 35 IS - 1 SN - 0895-5646, 0895-5646 KW - Economics KW - Research programmes KW - Risk management KW - Scientific research KW - Research and development KW - Preferences KW - Willingness-to-pay KW - Research projects UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36806970?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+risk+and+uncertainty&rft.atitle=Valuing+publicly+sponsored+research+projects%3A+risks%2C+scenario+adjustments%2C+and+inattention&rft.au=Burghart%2C+D+R%3BCameron%2C+T+A%3BGerdes%2C+G+R&rft.aulast=Burghart&rft.aufirst=D&rft.date=2007-08-01&rft.volume=35&rft.issue=1&rft.spage=77&rft.isbn=&rft.btitle=&rft.title=Journal+of+risk+and+uncertainty&rft.issn=08955646&rft_id=info:doi/10.1007%2Fs11166-007-9018-5 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10924 10920 11332 3172 10472; 10926 10920 11332 3172 10472; 11038 7625; 11347 10902; 13567 13219 13221; 10016; 10904 10902 DO - http://dx.doi.org/10.1007/s11166-007-9018-5 ER - TY - JOUR T1 - Capital controls and the international transmission of U.S. money shocks AN - 36711664; 3448488 AB - We assess whether capital controls effectively insulate countries from U.S. monetary shocks, examining a large range of country experiences in a unified estimation framework. We estimate the effect of identified U.S. monetary shocks on the exchange rate and foreign country interest rates, and test whether countries with less open capital accounts exhibit systematically smaller responses. We find essentially no evidence of this. Other country factors such as the exchange rate regime or degree of dollarization explain more of the cross-country differences in responses. The significant differences in responses we do find are more pronounced at short horizons. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Miniane, Jacques AU - Rogers, John H AD - International Monetary Fund ; Federal Reserve System Y1 - 2007/08// PY - 2007 DA - Aug 2007 SP - 1003 EP - 1036 VL - 39 IS - 5 SN - 0022-2879, 0022-2879 KW - Economics KW - Monetary equilibrium KW - Economic shock KW - International finance KW - International monetary economics KW - Transmission mechanism KW - Estimation KW - Capital mobility KW - U.S.A. KW - Exchange rates KW - Capital flow UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36711664?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Capital+controls+and+the+international+transmission+of+U.S.+money+shocks&rft.au=Miniane%2C+Jacques%3BRogers%2C+John+H&rft.aulast=Miniane&rft.aufirst=Jacques&rft.date=2007-08-01&rft.volume=39&rft.issue=5&rft.spage=1003&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6757 8206 7585 4025 6725; 4002 3980 9965; 6727 4908 6725 4025; 1967; 8207 4375; 12928 12916; 1990; 4587; 4403 7854; 433 293 14 ER - TY - JOUR T1 - Reconsidering the natural rate hypothesis in a New Keynesian framework AN - 36690665; 3434206 AB - This paper formulates a stylized New Keynesian model in which each individual firm can select the frequency of its price adjustments. The endogeneity of contract duration has a dramatic impact on the magnitude of the aggregate effects of steady-state inflation. With a plausible calibration of the magnitude of menu costs and other structural parameters, this model predicts a relationship between steady-state inflation and the frequency of price adjustment that is reasonably close to the empirical findings of cross-country studies. Furthermore, at moderate inflation rates, steady-state inflation generates relative price distortions that have a non-trivial impact on aggregate output, but this impact wanes and eventually disappears at much higher annual inflation rates because the frequency of price adjustment approaches that of the flexible-price economy. All rights reserved, Elsevier JF - Journal of monetary economics AU - Levin, A AU - Yun, Tack AD - US Federal Reserve System Y1 - 2007/07// PY - 2007 DA - Jul 2007 SP - 1344 EP - 1365 VL - 54 IS - 5 SN - 0304-3932, 0304-3932 KW - Economics KW - Keynesianism KW - Business management KW - Price level KW - Market adjustment KW - Inflation KW - Indexation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36690665?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+monetary+economics&rft.atitle=Reconsidering+the+natural+rate+hypothesis+in+a+New+Keynesian+framework&rft.au=Levin%2C+A%3BYun%2C+Tack&rft.aulast=Levin&rft.aufirst=A&rft.date=2007-07-01&rft.volume=54&rft.issue=5&rft.spage=1344&rft.isbn=&rft.btitle=&rft.title=Journal+of+monetary+economics&rft.issn=03043932&rft_id=info:doi/10.1016%2Fj.jmoneco.2007.06.006 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6500 8206 7585 4025; 10090; 7713; 6298; 1862 1841 2889 5549 7625; 7046 4019 DO - http://dx.doi.org/10.1016/j.jmoneco.2007.06.006 ER - TY - JOUR T1 - Obstacles to a global banking system: 'Old Europe' versus 'New Europe' AN - 36647043; 3414816 AB - 'Old Europe' - the developed nations of continental Europe - averages only about 15% foreign bank ownership, whereas 'New Europe' - the transition nations of Eastern Europe - averages about 70%. Similar findings hold elsewhere in the world - developed nations tend to have much lower foreign bank ownership shares than developing nations. We examine the causes of the differences within Europe with an eye toward more general conclusions. Our findings suggest that the low foreign bank shares in 'Old Europe' - and perhaps developed nations more generally - may primarily result from net comparative disadvantages for foreign banks and relatively high implicit government entry barriers. The high foreign penetration in 'New Europe' - and perhaps developing nations more generally - may be due to net comparative advantages for foreign banks and low government entry barriers, particularly in nations that reduced their state bank ownership. All rights reserved, Elsevier JF - Journal of banking and finance AU - Berger, Allen N AD - Board of Governors of the Federal Reserve System Y1 - 2007/07// PY - 2007 DA - Jul 2007 SP - 1955 EP - 1973 VL - 31 IS - 7 SN - 0378-4266, 0378-4266 KW - Economics KW - Comparative analysis KW - Foreign banks KW - Globalization KW - European studies KW - Banks KW - Europe KW - Ownership KW - Developing countries UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36647043?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+banking+and+finance&rft.atitle=Obstacles+to+a+global+banking+system%3A+%27Old+Europe%27+versus+%27New+Europe%27&rft.au=Berger%2C+Allen+N&rft.aulast=Berger&rft.aufirst=Allen&rft.date=2007-07-01&rft.volume=31&rft.issue=7&rft.spage=1955&rft.isbn=&rft.btitle=&rft.title=Journal+of+banking+and+finance&rft.issn=03784266&rft_id=info:doi/10.1016%2Fj.jbankfin.2007.01.005 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1477 4930 6590; 5171 1477 4930 6590; 9079; 2630 971; 3480 2958 12092; 4541 1247; 5517 3893 3921 9653 11783; 129 DO - http://dx.doi.org/10.1016/j.jbankfin.2007.01.005 ER - TY - JOUR T1 - Fresh start or head start? The effects of filing for personal bankruptcy on work effort AN - 36858804; 3533620 AB - The key feature of the modern US personal bankruptcy law is to provide debtors a financial fresh start through debt discharge. It has long been believed that the primary goal of the discharge policy is to preserve human capital by maintaining incentives to work. We provide the first test of this fresh start argument by estimating the effect of personal bankruptcy filing on work effort using data from the Panel Study of Income Dynamics. Our econometric approach controls for the endogenous self-selection of bankruptcy filing. We find that filing for bankruptcy does not have a positive impact on annual work hours for bankrupt households, a result mainly due to the wealth effects of debt discharge. Reprinted by permission of Springer JF - Journal of financial services research AU - Han, S AU - Li, W. AD - Board of Governors of the Federal Reserve System ; Federal Reserve Bank of Philadelphia Y1 - 2007/06// PY - 2007 DA - Jun 2007 SP - 123 EP - 152 VL - 31 IS - 2-3 SN - 0920-8550, 0920-8550 KW - Economics KW - Economic behaviour KW - Bankruptcy KW - Financial economics KW - Financial regulation KW - Debt management KW - U.S.A. KW - Labour supply UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36858804?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+financial+services+research&rft.atitle=Fresh+start+or+head+start%3F+The+effects+of+filing+for+personal+bankruptcy+on+work+effort&rft.au=Han%2C+S%3BLi%2C+W.&rft.aulast=Han&rft.aufirst=S&rft.date=2007-06-01&rft.volume=31&rft.issue=2-3&rft.spage=123&rft.isbn=&rft.btitle=&rft.title=Journal+of+financial+services+research&rft.issn=09208550&rft_id=info:doi/10.1007%2Fs10693-006-0001-0 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4922 4025; 3308 3307; 1476; 7180 12401; 3889 6071 1542 11325; 4948 10742; 433 293 14 DO - http://dx.doi.org/10.1007/s10693-006-0001-0 ER - TY - JOUR T1 - Entry into banking markets and the early-mover advantage AN - 36685447; 3432667 JF - Journal of money, credit and banking AU - Berger, Allen N AU - Dick, Astrid A AD - Federal Reserve System, Washington DC ; INSEAD Business School, Fontainebleau Y1 - 2007/06// PY - 2007 DA - Jun 2007 SP - 775 EP - 808 VL - 39 IS - 4 SN - 0022-2879, 0022-2879 KW - Economics KW - Empirical tests KW - Business strategies KW - Banking system KW - Market entry KW - Financial economics KW - Commercial banks KW - Banking KW - Market share UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36685447?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Entry+into+banking+markets+and+the+early-mover+advantage&rft.au=Berger%2C+Allen+N%3BDick%2C+Astrid+A&rft.aulast=Berger&rft.aufirst=Allen&rft.date=2007-06-01&rft.volume=39&rft.issue=4&rft.spage=775&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4922 4025; 7720; 1470 1477 4930 6590 4908; 1474 1477 4930 6590; 7734; 1878 1880 10902 1841; 2526 1477 4930 6590; 4202 ER - TY - JOUR T1 - Medicaid's nursing home coverage and asset transfers AN - 36656276; 3414710 AB - Medicaid covers the costs of a long nursing home stay. This coverage may create an incentive for the elderly to transfer their assets to their children to qualify for Medicaid before entering a nursing home. Previous researchers had found little evidence that such behavior was widespread or that asset transfers were large. However, data from the Study of Asset and Health Dynamics Among the Oldest Old (AHEAD) suggest that the self-assessed probability of entering a nursing home is a significant determinant of the likelihood of making an asset transfer. The budgetary implications of these Medicaid-induced asset transfers were probably fairly small at the time of the study, but not insignificant, and are likely to have risen steadily since. Reprinted by permission of Sage Publications, Inc. JF - Public finance review AU - Bassett, William F AD - Federal Reserve System Y1 - 2007/05// PY - 2007 DA - May 2007 SP - 414 EP - 439 VL - 35 IS - 3 SN - 1091-1421, 1091-1421 KW - Economics KW - Public finance KW - Financial assets KW - Medical care KW - Health economics KW - Households KW - Aged KW - Health policy KW - Social security financing KW - U.S.A. KW - Access to health care KW - Health centres UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36656276?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Public+finance+review&rft.atitle=Medicaid%27s+nursing+home+coverage+and+asset+transfers&rft.au=Bassett%2C+William+F&rft.aulast=Bassett&rft.aufirst=William&rft.date=2007-05-01&rft.volume=35&rft.issue=3&rft.spage=414&rft.isbn=&rft.btitle=&rft.title=Public+finance+review&rft.issn=10911421&rft_id=info:doi/10.1177%2F1091142106293944 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10445 4908; 5778 4025; 5788 11888 10472; 11924 11923 11949 13521; 516 5775 13521; 5777 5792 10484; 7875 5775 13521; 654; 6040 5676; 4915 1348 9079; 433 293 14 DO - http://dx.doi.org/10.1177/1091142106293944 ER - TY - JOUR T1 - The conquest of worldwide inflation: currency competition and its implications for interest rates and the yield curve AN - 36872789; 3541187 JF - Cato journal AU - Kroszner, Randall S AD - Federal Reserve System Y1 - 2007/04// PY - 2007 DA - Apr 2007 SP - 135 EP - 147 VL - 27 IS - 2 SN - 0273-3072, 0273-3072 KW - Economics KW - Bond market KW - Interest rates KW - Currencies KW - Bonds KW - Inflation KW - Competition UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36872789?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Cato+journal&rft.atitle=The+conquest+of+worldwide+inflation%3A+currency+competition+and+its+implications+for+interest+rates+and+the+yield+curve&rft.au=Kroszner%2C+Randall+S&rft.aulast=Kroszner&rft.aufirst=Randall&rft.date=2007-04-01&rft.volume=27&rft.issue=2&rft.spage=135&rft.isbn=&rft.btitle=&rft.title=Cato+journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6500 8206 7585 4025; 3217 8235; 2649; 6637 6632; 1696; 1693 1983 7711 ER - TY - JOUR T1 - Corporate strategy and information disclosure AN - 36776647; 3478573 AB - We examine voluntary disclosures of information about corporate strategies. We develop a model in which managers choose whether to reveal their strategic plans only to some partners of the firm or also to the outside world. We show that managers face a tradeoff when deciding whether to disclose their private information to outsiders. On the one hand, by disclosing their intentions, managers become reluctant to change their minds in the future. This may lead them to make inefficient project implementation decisions. On the other hand, information disclosure about corporate strategy provides strong incentives for partners of the firm to undertake strategy-specific investments. Reprinted by permission of RAND Journal of Economics JF - RAND journal of economics AU - Ferreira, Daniel AU - Rezende, Marcelo AD - London School of Economics and Political Science ; Board of Governors of the Federal Reserve System Y1 - 2007/04// PY - 2007 DA - Apr 2007 SP - 165 EP - 185 VL - 38 IS - 1 SN - 0741-6261, 0741-6261 KW - Economics KW - Financial information KW - Information research KW - Business strategies KW - Accounting research KW - Corporate finance KW - Strategic management KW - Financial reporting KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36776647?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=RAND+journal+of+economics&rft.atitle=Corporate+strategy+and+information+disclosure&rft.au=Ferreira%2C+Daniel%3BRezende%2C+Marcelo&rft.aulast=Ferreira&rft.aufirst=Daniel&rft.date=2007-04-01&rft.volume=38&rft.issue=1&rft.spage=165&rft.isbn=&rft.btitle=&rft.title=RAND+journal+of+economics&rft.issn=07416261&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 535 10902; 4950; 4927 6515; 1878 1880 10902 1841; 12304 7635 7625 11920; 6528 10902; 2887 4908; 433 293 14 ER - TY - JOUR T1 - Competition from large, multimarket firms and the performance of small, single-market firms: evidence from the banking industry AN - 36638144; 3410986 AB - We offer and test two competing hypotheses for the consolidation trend in banking using U.S. banking industry data over the period 1982-2000. Under the efficiency hypothesis, technological progress improved the performance of large, multimarket firms relative to small, single-market firms, whereas under the hubris hypothesis, consolidation was largely driven by corporate hubris. Our results are consistent with an empirical dominance of the efficiency hypothesis over the hubris hypothesis-on net, technological progress allowed large, multimarket banks to compete more effectively against small, single-market banks in the 1990s than in the 1980s. We also isolate the extent to which technological progress occurred through scale versus geographic effects and how they affected the performance of small, single-market banks through revenues versus costs. The results may shed light as well on some of the research and policy issues related to community banking. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Berger, Allen N AU - Dick, Astrid A AU - Goldberg, Lawrence G AU - White, Lawrence J AD - Federal Reserve System ; Federal Reserve Bank of New York ; University of Miami ; New York University Y1 - 2007/03// PY - 2007 DA - Mar 2007 SP - 331 EP - 368 VL - 39 IS - 2-3 SN - 0022-2879, 0022-2879 KW - Economics KW - Finance KW - Economic efficiency KW - Performance KW - U.S.A. KW - Data analysis KW - Technological change KW - Banking KW - Competition KW - Small and medium sized enterprises UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36638144?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Competition+from+large%2C+multimarket+firms+and+the+performance+of+small%2C+single-market+firms%3A+evidence+from+the+banking+industry&rft.au=Berger%2C+Allen+N%3BDick%2C+Astrid+A%3BGoldberg%2C+Lawrence+G%3BWhite%2C+Lawrence+J&rft.aulast=Berger&rft.aufirst=Allen&rft.date=2007-03-01&rft.volume=39&rft.issue=2-3&rft.spage=331&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4908; 2649; 11735 4300; 9390; 1470 1477 4930 6590 4908; 12616 12622; 3923; 3279 971 3286; 433 293 14 ER - TY - JOUR T1 - External constraints on monetary policy and the financial accelerator AN - 36637917; 3410985 AB - We develop a small open economy macroeconomic model where financial conditions influence aggregate behavior. Our goal is to explore the connection between the exchange rate regime and financial distress. We first show that a calibrated version of the model captures well the behavior of the Korean economy during its financial crisis period of 1997-98. In particular, the model accounts for the sharp increase in lending rates and the large drop in output, employment, investment, and measured productivity. The financial market frictions play an important role, further, explaining roughly half the decline in overall economic activity. We then perform some counterfactual exercises to illustrate how the fixed exchange rate regime likely exacerbated the crisis by tying the hands of monetary policy. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Gertler, Mark AU - Gilchrist, Simon AU - Natalucci, Fabio M AD - New York University ; Boston University ; Federal Reserve System Y1 - 2007/03// PY - 2007 DA - Mar 2007 SP - 295 EP - 330 VL - 39 IS - 2-3 SN - 0022-2879, 0022-2879 KW - Economics KW - Financial crisis KW - Measurement KW - Finance KW - Loans KW - Fixed exchange rates KW - Productivity KW - Monetary policy KW - South Korea UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36637917?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=External+constraints+on+monetary+policy+and+the+financial+accelerator&rft.au=Gertler%2C+Mark%3BGilchrist%2C+Simon%3BNatalucci%2C+Fabio+M&rft.aulast=Gertler&rft.aufirst=Mark&rft.date=2007-03-01&rft.volume=39&rft.issue=2-3&rft.spage=295&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4908; 8217 3977 5574 10472; 4920 3904; 7854; 7487 4577 3872 554 971; 10280; 5053 4587; 392 300 30 ER - TY - JOUR T1 - Inventory dynamics and business cycles: what has changed? AN - 36636442; 3410995 AB - To what extent can information-technology led improvements in inventory management account for the apparent moderation of economic fluctuations in the United States since the mid-1980s? We argue that changes in inventory dynamics played a reinforcing-rather than a leading-role in the reduction of output volatility. Since the mid-1980s, inventory dynamics have changed in a manner consistent with a faster resolution of inventory imbalances. However, these changes appear to be a consequence of changes in the response of industry-level sales and aggregate economic activity to monetary policy shocks. Our results suggest that it is the interaction between the changes in inventory behavior at the industry level and the macroeconomic environment - where the latter likely includes changes in the conduct of monetary policy and the responses of the economy to policy disturbances - rather than any single factor, that has contributed importantly to the observed decline in economic volatility. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - McCarthy, Jonathan AU - Zakrajsek, Egon AD - Federal Reserve Bank of New York ; Board of Governors of the Federal Reserve System Y1 - 2007/03// PY - 2007 DA - Mar 2007 SP - 591 EP - 614 VL - 39 IS - 2-3 SN - 0022-2879, 0022-2879 KW - Economics KW - Inventories KW - Finance KW - Gross domestic product KW - U.S.A. KW - Business cycles KW - Volatility KW - Monetary policy KW - Dynamics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36636442?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Inventory+dynamics+and+business+cycles%3A+what+has+changed%3F&rft.au=McCarthy%2C+Jonathan%3BZakrajsek%2C+Egon&rft.aulast=McCarthy&rft.aufirst=Jonathan&rft.date=2007-03-01&rft.volume=39&rft.issue=2-3&rft.spage=591&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6846 1394 4937 7625; 3787; 1850; 8217 3977 5574 10472; 5627 8503 10242 3872 554 971; 13349 13078; 4908; 433 293 14 ER - TY - JOUR T1 - Pricing models: a Bayesian DSGE approach for the U.S. economy AN - 36585063; 3376981 JF - Journal of money, credit and banking AU - Laforte, Jean-Philippe AD - Federal Reserve System Y1 - 2007/02// PY - 2007 DA - Feb 2007 SP - 127 EP - 154 VL - 39 IS - 1(Supp.) SN - 0022-2879, 0022-2879 KW - Economics KW - Stochastic models KW - Dynamic models KW - Model testing KW - Price level KW - Monetary economics KW - General economic equilibrium KW - Price formation KW - Inflation rate KW - Bayesian method UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36585063?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Pricing+models%3A+a+Bayesian+DSGE+approach+for+the+U.S.+economy&rft.au=Laforte%2C+Jean-Philippe&rft.aulast=Laforte&rft.aufirst=Jean-Philippe&rft.date=2007-02-01&rft.volume=39&rft.issue=1%28Supp.%29&rft.spage=127&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 10090; 6507; 10085; 1512 3865 4025; 8160 8163; 3786 8163; 12263 8163; 5436 4375 ER - TY - JOUR T1 - Modeling inflation dynamics: a critical review of recent research AN - 36576771; 3376982 JF - Journal of money, credit and banking AU - Rudd, Jeremy AU - Whelan, Karl AD - Federal Reserve System ; Financial Services Authority of Ireland Y1 - 2007/02// PY - 2007 DA - Feb 2007 SP - 155 EP - 170 VL - 39 IS - 1(Supp.) SN - 0022-2879, 0022-2879 KW - Economics KW - Model testing KW - Inflation expectations KW - Monetary economics KW - Rational expectations KW - Sticky prices KW - Phillips curve KW - Economic dynamics KW - Inflation rate KW - Modelling UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36576771?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=Modeling+inflation+dynamics%3A+a+critical+review+of+recent+research&rft.au=Rudd%2C+Jeremy%3BWhelan%2C+Karl&rft.aulast=Rudd&rft.aufirst=Jeremy&rft.date=2007-02-01&rft.volume=39&rft.issue=1%28Supp.%29&rft.spage=155&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 6507; 6504 4614; 8162 8163; 3921; 9480 13092 6500 8206 7585 4025; 10618 4614; 12255 10107; 8160 8163 ER - TY - JOUR T1 - Small business credit scoring and credit availability AN - 36710042; 3446980 AB - U.S. commercial banks are increasingly using small business credit-scoring models to underwrite small business credits. The paper discusses this lending technology, evaluates the research findings on the effects of this technology on small business credit availability, and links these findings to a number of research and policy issues. Reprinted by permission of Blackwell Publishing JF - Journal of small business management AU - Berger, Allen N AU - Frame, W Scott AD - Federal Reserve System, Washington DC ; Federal Reserve Bank of Atlanta Y1 - 2007/01// PY - 2007 DA - Jan 2007 SP - 5 EP - 22 VL - 45 IS - 1 SN - 0047-2778, 0047-2778 KW - Economics KW - Business studies KW - Bank loans KW - Credit rating KW - Business management KW - Bank operations KW - Commercial banks KW - Corporate finance KW - U.S.A. KW - Access to credit KW - Small and medium sized enterprises UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36710042?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+small+business+management&rft.atitle=Small+business+credit+scoring+and+credit+availability&rft.au=Berger%2C+Allen+N%3BFrame%2C+W+Scott&rft.aulast=Berger&rft.aufirst=Allen&rft.date=2007-01-01&rft.volume=45&rft.issue=1&rft.spage=5&rft.isbn=&rft.btitle=&rft.title=Journal+of+small+business+management&rft.issn=00472778&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1880 10902 1841; 1862 1841 2889 5549 7625; 11735 4300; 2887 4908; 512 2992; 2526 1477 4930 6590; 3001; 1457 7487 4577 3872 554 971 1460 1477 4930 6590; 1460 1477 4930 6590; 433 293 14 ER - TY - JOUR T1 - A note on measuring internal migration in the United States AN - 36480358; 3342585 AB - Census Bureau estimates of annual interstate migration indicate that internal migration in the U.S. has declined steadily since the 1950s. However, as this paper shows, that decline is largely due to the reduction in the relative size of the military. All rights reserved, Elsevier JF - Economics letters AU - Pingle, Jonathan F AD - Federal Reserve System Y1 - 2007/01// PY - 2007 DA - Jan 2007 SP - 38 EP - 42 VL - 94 IS - 1 SN - 0165-1765, 0165-1765 KW - Economics KW - Internal migration KW - Population economics KW - Survey data KW - U.S.A. KW - Data analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36480358?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economics+letters&rft.atitle=A+note+on+measuring+internal+migration+in+the+United+States&rft.au=Pingle%2C+Jonathan+F&rft.aulast=Pingle&rft.aufirst=Jonathan&rft.date=2007-01-01&rft.volume=94&rft.issue=1&rft.spage=38&rft.isbn=&rft.btitle=&rft.title=Economics+letters&rft.issn=01651765&rft_id=info:doi/10.1016%2Fj.econlet.2006.07.004 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 9860 9846; 6654 8040; 3279 971 3286; 12427 12429; 433 293 14 DO - http://dx.doi.org/10.1016/j.econlet.2006.07.004 ER - TY - JOUR T1 - Does market size structure affect competition? The case of small business lending AN - 36476608; 3342557 AB - Market size structure refers to the distribution of shares of different size classes of local market participants, where the sizes are inclusive of assets both within and outside the local market. We apply this new measure of market structure in two empirical analyses of the US banking industry to address concerns regarding the effects of the consolidation in banking. Our quantity analysis of the likelihood that small businesses borrow from large versus small banks and our small business loan price analysis that includes market size structure as well as conventional measures yield very different findings from most of the literature on bank size and small business lending. Our results do not suggest a significant net advantage or disadvantage for large banks in small business lending overall, or in lending to informationally opaque small businesses in particular. We argue that the prior research that excluded market size structure may be misleading and offer some likely explanations of why our results differ. All rights reserved, Elsevier JF - Journal of banking and finance AU - Berger, Allen N AU - Rosen, R J AU - Udell, G F AD - Federal Reserve System Y1 - 2007/01// PY - 2007 DA - Jan 2007 SP - 11 EP - 33 VL - 31 IS - 1 SN - 0378-4266, 0378-4266 KW - Economics KW - Empirical tests KW - Bank loans KW - Banking system KW - Mergers KW - Banks KW - U.S.A. KW - Price formation KW - Small and medium sized enterprises KW - Market structure KW - Size of enterprise UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36476608?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+banking+and+finance&rft.atitle=Does+market+size+structure+affect+competition%3F+The+case+of+small+business+lending&rft.au=Berger%2C+Allen+N%3BRosen%2C+R+J%3BUdell%2C+G+F&rft.aulast=Berger&rft.aufirst=Allen&rft.date=2007-01-01&rft.volume=31&rft.issue=1&rft.spage=11&rft.isbn=&rft.btitle=&rft.title=Journal+of+banking+and+finance&rft.issn=03784266&rft_id=info:doi/10.1016%2Fj.jbankfin.2005.10.010 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1474 1477 4930 6590; 7736 4014; 1477 4930 6590; 11735 4300; 11704 4005 4300; 7969 2527 3896 3921; 1457 7487 4577 3872 554 971 1460 1477 4930 6590; 10085; 4202; 433 293 14 DO - http://dx.doi.org/10.1016/j.jbankfin.2005.10.010 ER - TY - JOUR T1 - Inflation targeting and the anchoring of inflation expectations in the western hemisphere TT - Metas de inflación y anclaje de expectativas inflacionarias en economías occidentales AN - 36659179; 3427032 JF - Economia chilena AU - Gürkaynak, Refet S AU - Levin, Andrew T AU - Marder, Andrew N AU - Swanson, Eric T AD - Bilkent University ; Board of Governors of the Federal Reserve System ; Federal Reserve Bank of San Francisco Y1 - 2006/12// PY - 2006 DA - Dec 2006 SP - 19 EP - 52 VL - 9 IS - 3 SN - 0717-3830, 0717-3830 KW - Economics KW - Comparative analysis KW - Longitudinal studies KW - Canada KW - Capital market KW - Macroeconomics KW - Inflation KW - Chile KW - U.S.A. KW - Samples UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36659179?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Economia+chilena&rft.atitle=Inflation+targeting+and+the+anchoring+of+inflation+expectations+in+the+western+hemisphere&rft.au=G%C3%BCrkaynak%2C+Refet+S%3BLevin%2C+Andrew+T%3BMarder%2C+Andrew+N%3BSwanson%2C+Eric+T&rft.aulast=G%C3%BCrkaynak&rft.aufirst=Refet&rft.date=2006-12-01&rft.volume=9&rft.issue=3&rft.spage=19&rft.isbn=&rft.btitle=&rft.title=Economia+chilena&rft.issn=07173830&rft_id=info:doi/ LA - Spanish DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6500 8206 7585 4025; 1983 7711; 7541 7537 971; 11254 12225 12233; 7585 4025; 2630 971; 75 293 14; 92 386 14; 433 293 14 ER - TY - JOUR T1 - US inflation still biggest worry AN - 204857813 JF - Investment Adviser AU - Federal Open Market Committee report reveals US economic slowdown perceived as less of a threat than inflation to stability Y1 - 2006/11/20/ PY - 2006 DA - 2006 Nov 20 SP - 1 CY - London PB - The Financial Times Limited SN - 13611593 KW - Business And Economics--Investments UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/204857813?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Investment+Adviser&rft.atitle=US+inflation+still+biggest+worry&rft.au=Federal+Open+Market+Committee+report+reveals+US+economic+slowdown+perceived+as+less+of+a+threat+than+inflation+to+stability&rft.aulast=Federal+Open+Market+Committee+report+reveals+US+economic+slowdown+perceived+as+less+of+a+threat+than+inflation+to+stability&rft.aufirst=&rft.date=2006-11-20&rft.volume=&rft.issue=&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=Investment+Adviser&rft.issn=13611593&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright 2006 INVESTMENT ADVISER. All rights reserved.) N1 - Last updated - 2010-06-07 ER - TY - JOUR T1 - A quantitative exploration of the opportunistic approach to disinflation AN - 36454441; 3340516 AB - Under a conventional policy rule, a central bank adjusts its policy rate linearly according to the gap between inflation and its target, and the gap between output and its potential. Under 'the opportunistic approach to disinflation' a central bank controls inflation aggressively when inflation is far from its target, but concentrates more on output stabilization when inflation is close to its target, allowing supply shocks and unforeseen fluctuations in aggregate demand to move inflation within a certain band. We use stochastic simulations of a small-scale rational expectations model to contrast the behavior of output and inflation under opportunistic and linear rules. All rights reserved, Elsevier JF - Journal of monetary economics AU - Aksoy, Y AU - Orphanides, Athanasios AU - Small, D AU - Wieland, V AU - Wilcox, D AD - Federal Reserve System Y1 - 2006/11// PY - 2006 DA - Nov 2006 SP - 1877 EP - 1893 VL - 53 IS - 8 SN - 0304-3932, 0304-3932 KW - Economics KW - Central banks KW - Interest rates KW - Rational expectations KW - Inflation KW - Policy making KW - Data analysis KW - Monetary policy KW - Output gap KW - Stochastic models KW - Monetary economics KW - Inflation targeting KW - Taylor rule UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36454441?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+monetary+economics&rft.atitle=A+quantitative+exploration+of+the+opportunistic+approach+to+disinflation&rft.au=Aksoy%2C+Y%3BOrphanides%2C+Athanasios%3BSmall%2C+D%3BWieland%2C+V%3BWilcox%2C+D&rft.aulast=Aksoy&rft.aufirst=Y&rft.date=2006-11-01&rft.volume=53&rft.issue=8&rft.spage=1877&rft.isbn=&rft.btitle=&rft.title=Journal+of+monetary+economics&rft.issn=03043932&rft_id=info:doi/10.1016%2Fj.jmoneco.2005.08.015 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6508 1116 8217 3977 5574 10472; 8217 3977 5574 10472; 6637 6632; 10618 4614; 12263 8163; 12580; 8206 7585 4025; 9625 9628; 2113 1477 4930 6590; 6500 8206 7585 4025; 9057 10280; 3279 971 3286 DO - http://dx.doi.org/10.1016/j.jmoneco.2005.08.015 ER - TY - JOUR T1 - Current consumption and future income growth: Synthetic panel evidence AN - 36447639; 3340532 AB - Using group means computed from 20 years of high quality survey data, I show a strong and robust relation between households' consumption growth and subsequent realizations of their income growth, including realizations as distant as six years later. The relation appears in multiple types of variation in income growth: in variation across cohort-education groups, in variation over the life cycle, and in variation over the business cycle. While other explanations are explored, the results are likely due to forward-looking households altering their current consumption in response to information they receive about their income years into the future, information that turns out to be accurate. All rights reserved, Elsevier JF - Journal of monetary economics AU - Nalewaik, Jeremy J AD - Federal Reserve System Y1 - 2006/11// PY - 2006 DA - Nov 2006 SP - 2239 EP - 2266 VL - 53 IS - 8 SN - 0304-3932, 0304-3932 KW - Economics KW - Intertemporal choice KW - Consumer behaviour KW - Empirical tests KW - Consumption functions KW - Survey data KW - Households KW - Applied economics KW - U.S.A. KW - Aggregate analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36447639?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+monetary+economics&rft.atitle=Current+consumption+and+future+income+growth%3A+Synthetic+panel+evidence&rft.au=Nalewaik%2C+Jeremy+J&rft.aulast=Nalewaik&rft.aufirst=Jeremy&rft.date=2006-11-01&rft.volume=53&rft.issue=8&rft.spage=2239&rft.isbn=&rft.btitle=&rft.title=Journal+of+monetary+economics&rft.issn=03043932&rft_id=info:doi/10.1016%2Fj.jmoneco.2005.08.016 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1160 4025; 658 971; 6040 5676; 2807 2805 3872 554 971; 4202; 12427 12429; 2777 2803 3874 556 3889 6071 1542 11325; 433 293 14 DO - http://dx.doi.org/10.1016/j.jmoneco.2005.08.016 ER - TY - BOOK T1 - Sovereign Debt Crises and Credit to the Private Sector AN - 1738472848; 2007-03370 AB - Argues that, through its effect on aggregate demand and country risk premia, sovereign debt restructuring can adversely affect the private sector's access to foreign capital markets. Using fixed effect analysis, it is estimated that sovereign debt rescheduling episodes are systematically accompanied by a decline in foreign credit to emerging market private firms, both during debt renegotiations and for over two years after the agreements are reached, and this decline is large (over 20%) and different for financial sector firms, for exporters, and for nonfinancial firms in the nonexporting sector. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Nov 2006, 41 pp. AU - Arteta, Carlos AU - Hale, Galina Y1 - 2006/11// PY - 2006 DA - November 2006 PB - Board of Governors of the Federal Reserve System KW - Economic conditions and policy - Property and wealth KW - Business and service sector - Accounting KW - Capital formation KW - Debt KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738472848?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Arteta%2C+Carlos%3BHale%2C+Galina&rft.aulast=Arteta&rft.aufirst=Carlos&rft.date=2006-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Sovereign+Debt+Crises+and+Credit+to+the+Private+Sector&rft.title=Sovereign+Debt+Crises+and+Credit+to+the+Private+Sector&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/ifdp/2006/878/ifdp878.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2006 N1 - SuppNotes - International Finance Discussion Pa No. 878 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Entrepreneurship, frictions, and wealth AN - 838990780; 3348494 AB - This paper constructs and calibrates a parsimonious model of occupational choice that allows for entrepreneurial entry, exit, and investment decisions in the presence of borrowing constraints. The model fits very well a number of empirical observations, including the observed wealth distribution for entrepreneurs and workers. At the aggregate level, more restrictive borrowing constraints generate less wealth concentration and reduce average firm size, aggregate capital, and the fraction of entrepreneurs. Voluntary bequests allow some high-ability workers to establish or enlarge an entrepreneurial activity. With accidental bequests only, there would be fewer very large firms and less aggregate capital and wealth concentration. Reprinted by permission of the University of Chicago Press. © All rights reserved JF - Journal of political economy AU - Cagetti, Marco AU - Nardi, Mariacristina De AD - Federal Reserve System ; University of Minnesota Y1 - 2006/10// PY - 2006 DA - Oct 2006 SP - 835 EP - 870 VL - 114 IS - 5 SN - 0022-3808, 0022-3808 KW - Economics KW - Entrepreneurship KW - Workers KW - Occupational choice KW - Empirical research KW - Wealth distribution KW - Investment KW - Borrowing KW - Political economy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/838990780?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+political+economy&rft.atitle=Entrepreneurship%2C+frictions%2C+and+wealth&rft.au=Cagetti%2C+Marco%3BNardi%2C+Mariacristina+De&rft.aulast=Cagetti&rft.aufirst=Marco&rft.date=2006-10-01&rft.volume=114&rft.issue=5&rft.spage=835&rft.isbn=&rft.btitle=&rft.title=Journal+of+political+economy&rft.issn=00223808&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 9684; 8841; 4306 3872 554 971; 13682; 13496 3641 12233; 1722 4577 3872 554 971; 4200 10902; 6852 ER - TY - BOOK T1 - GSEs, Mortgage Rates, and Secondary Market Activities AN - 1738472880; 2007-03369 AB - Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) that securitize mortgages and issue mortgage-backed securities (MBS) and, as active participants in the secondary mortgage market on behalf of their own investment portfolios, are often thought to be an important force in the mortgage market. This study found that GSE portfolio purchases have no significant effects on either primary or secondary mortgage rate spreads, and an examination of GSE activities and mortgage rate spreads in the wake of the 1998 debt crisis, found that GSE portfolio purchases did little to affect interest rates paid by new mortgage borrowers. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 8 2006, 63 pp. AU - Lehnert, Andreas AU - Passmore, Wayne AU - Sherlund, Shane M Y1 - 2006/09/08/ PY - 2006 DA - 2006 Sep 08 PB - Board of Governors of the Federal Reserve System KW - Law and ethics - Real estate, property, and landlord and tenant law KW - Banking and public and private finance - Credit, loans, and personal finance KW - United States - Federal home loan mortgage corporation KW - Government aid to business KW - Federal national mortgage association KW - Mortgages - United States KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738472880?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Lehnert%2C+Andreas%3BPassmore%2C+Wayne%3BSherlund%2C+Shane+M&rft.aulast=Lehnert&rft.aufirst=Andreas&rft.date=2006-09-08&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=GSEs%2C+Mortgage+Rates%2C+and+Secondary+Market+Activities&rft.title=GSEs%2C+Mortgage+Rates%2C+and+Secondary+Market+Activities&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2006/200630/200630pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2006 N1 - SuppNotes - Finance and Economics Discussion Ser 2006-30 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Factor endowments and industrial structure AN - 37771644; 3293369 AB - What determines industrial structure? Do sector-specific characteristics such as unionization, regulation, and trade policy dominate production patterns? One is inclined to believe so based on countless industry-level studies and the many political battles that are continually fought over trade and industrial policy. In contrast, standard neoclassical trade theory suggests that industrial structure is primarily driven by relative factor supplies. This paper demonstrates that aggregate factor endowments explain much of the structure of production-independent of industry idiosyncrasies-and quantifies the extent to which shifts in industrial structure in a cross-section of countries are driven by the broad forces of factor accumulation. These results are reached through an empirical application of the factor proportions model of production. All rights reserved, Elsevier JF - Journal of urban economics AU - Reeve, Trevor A AD - Federal Reserve System Y1 - 2006/09// PY - 2006 DA - Sep 2006 SP - 30 EP - 53 VL - 60 IS - 2 SN - 0094-1190, 0094-1190 KW - Economics KW - Industrial economics KW - Model testing KW - Trade theory KW - Industrial policy KW - International economics KW - Cross-national analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37771644?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+urban+economics&rft.atitle=Factor+endowments+and+industrial+structure&rft.au=Reeve%2C+Trevor+A&rft.aulast=Reeve&rft.aufirst=Trevor&rft.date=2006-09-01&rft.volume=60&rft.issue=2&rft.spage=30&rft.isbn=&rft.btitle=&rft.title=Journal+of+urban+economics&rft.issn=00941190&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6725 4025; 12849 12812; 6360 4025; 6391 2536 2523 4577 3872 554 971 3977 5574 10472; 8160 8163; 3060 971 ER - TY - BOOK T1 - What Do Financial Asset Prices Say about the Housing Market? AN - 1738472901; 2007-03368 AB - An examination of investors' expectations for the housing sector prices suggest that investors currently expect some mild depreciation in home values within the next year. Also, uncertainty has increased, but, generally inconsistent with the perception of a "bubble," the implied risks do not seem particularly tilted to the downside. Tables, Figures, References. JF - Board of Governors of the Federal Reserve System, Sep 2006, 33 pp. AU - Durham, J Benson Y1 - 2006/09// PY - 2006 DA - September 2006 PB - Board of Governors of the Federal Reserve System KW - Social conditions and policy - Housing KW - United States - Housing sector KW - Housing - Prices - Measurement KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1738472901?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Durham%2C+J+Benson&rft.aulast=Durham&rft.aufirst=J&rft.date=2006-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=What+Do+Financial+Asset+Prices+Say+about+the+Housing+Market%3F&rft.title=What+Do+Financial+Asset+Prices+Say+about+the+Housing+Market%3F&rft.issn=&rft_id=info:doi/ L2 - http://www.federalreserve.gov/pubs/feds/2006/200632/200632pap.pdf LA - English DB - PAIS Index N1 - Date revised - 2015-12-01 N1 - Publication note - Board of Governors of the Federal Reserve System, 2006 N1 - SuppNotes - Finance and Economics Discussion Ser 2006-32 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - The predictive content of the output gap for inflation: resolving in-sample and out-of-sample evidence AN - 36487135; 3302982 AB - This paper evaluates potential explanations for the sometimes poor forecasting performance of the Phillips curve. One explanation is that out-of-sample metrics are noisy or, equivalently, have relatively low power. Another potential explanation is instability in the coefficients of the model. To assess these forces, this paper compares sample forecasting results to results from bootstrap simulations of models that either assume stability or allow breaks in the coefficients of the model. This analysis indicates that a significant portion of the weakness of the out-of-sample evidence is attributable to power limitations. But instabilities in the coefficients on the output gap also play a role. Reprinted by permission of Blackwell Publishing JF - Journal of money, credit and banking AU - Clark, Todd E AU - McCracken, Michael W AD - Federal Reserve Bank of Kansas City ; Federal Reserve System Y1 - 2006/08// PY - 2006 DA - Aug 2006 SP - 1127 EP - 1148 VL - 38 IS - 5 SN - 0022-2879, 0022-2879 KW - Economics KW - Empirical tests KW - Monetary economics KW - Output rate KW - Economic forecasts KW - Macroeconomics KW - Applied economics KW - Phillips curve KW - U.S.A. KW - Inflation rate UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36487135?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=The+predictive+content+of+the+output+gap+for+inflation%3A+resolving+in-sample+and+out-of-sample+evidence&rft.au=Clark%2C+Todd+E%3BMcCracken%2C+Michael+W&rft.aulast=Clark&rft.aufirst=Todd&rft.date=2006-08-01&rft.volume=38&rft.issue=5&rft.spage=1127&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1160 4025; 8206 7585 4025; 6507; 9060 10280; 3937 5163; 9480 13092 6500 8206 7585 4025; 7585 4025; 4202; 433 293 14 ER - TY - JOUR T1 - Job-hopping in Silicon Valley: some evidence concerning the microfoundations of a high-technology cluster AN - 36438991; 3332773 AB - Observers of Silicon Valley's computer cluster report that employees move rapidly between competing firms, but evidence supporting this claim is scarce. Job-hopping is important in computer clusters because it facilitates the reallocation of talent and resources toward firms with superior innovations. Using new data on labor mobility, we find higher rates of job-hopping for college-educated men in Silicon Valley's computer industry than in computer clusters located out of the state. Mobility rates in other California computer clusters are similar to Silicon Valley's, suggesting some role for features of California law that make noncompete agreements unenforceable. Consistent with our model of innovation, mobility rates outside computer industries are not higher in California than elsewhere. Reprinted by permission of the MIT Press JF - Review of economics and statistics AU - Fallick, Bruce AU - Fleischman, Charles A AU - Rebitzer, James B AD - Federal Reserve System ; Levy Institute Y1 - 2006/08// PY - 2006 DA - Aug 2006 SP - 472 EP - 481 VL - LXXXVIII IS - 3 SN - 0034-6535, 0034-6535 KW - Economics KW - Silicon Valley KW - U.S.A. KW - California KW - Empirical tests KW - Labour mobility KW - Labour turnover KW - Labour economics KW - Cluster analysis KW - Regional studies KW - Economic geography UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36438991?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+economics+and+statistics&rft.atitle=Job-hopping+in+Silicon+Valley%3A+some+evidence+concerning+the+microfoundations+of+a+high-technology+cluster&rft.au=Fallick%2C+Bruce%3BFleischman%2C+Charles+A%3BRebitzer%2C+James+B&rft.aulast=Fallick&rft.aufirst=Bruce&rft.date=2006-08-01&rft.volume=LXXXVIII&rft.issue=3&rft.spage=472&rft.isbn=&rft.btitle=&rft.title=Review+of+economics+and+statistics&rft.issn=00346535&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3938 6082 5475; 7142 4025 7585; 7181; 2400 3279 971 3286 12224; 7165 5470 12092; 10733 10738 12092 1247; 4202; 72 433 293 14 ER - TY - JOUR T1 - The liquidity effect in the federal funds market: evidence from daily open market operations AN - 37769025; 3287547 JF - Journal of money, credit and banking AU - Carpenter, Seth AU - Demiralp, Selva AD - Federal Reserve System Y1 - 2006/06// PY - 2006 DA - Jun 2006 SP - 901 EP - 920 VL - 38 IS - 4 SN - 0022-2879, 0022-2879 KW - Economics KW - Federal Reserve System KW - Empirical tests KW - Liquidity KW - Interest rates KW - Monetary reserves KW - Monetary economics KW - Bank reserves KW - Policy analysis KW - U.S.A. KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37769025?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=The+liquidity+effect+in+the+federal+funds+market%3A+evidence+from+daily+open+market+operations&rft.au=Carpenter%2C+Seth%3BDemiralp%2C+Selva&rft.aulast=Carpenter&rft.aufirst=Seth&rft.date=2006-06-01&rft.volume=38&rft.issue=4&rft.spage=901&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 8217 3977 5574 10472; 8225; 1465 1477 4930 6590; 6637 6632; 7446; 4202; 9617 971; 433 293 14 ER - TY - JOUR T1 - The road to price stability AN - 37758924; 3281521 JF - American economic review AU - Orphanides, Athanasios AD - Federal Reserve System Y1 - 2006/05// PY - 2006 DA - May 2006 SP - 178 EP - 181 VL - 96 IS - 2 SN - 0002-8282, 0002-8282 KW - Economics KW - Greenspan, Alan KW - Price stability KW - Economic stability KW - Inflation KW - Bankers KW - U.S.A. KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37758924?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=American+economic+review&rft.atitle=The+road+to+price+stability&rft.au=Orphanides%2C+Athanasios&rft.aulast=Orphanides&rft.aufirst=Athanasios&rft.date=2006-05-01&rft.volume=96&rft.issue=2&rft.spage=178&rft.isbn=&rft.btitle=&rft.title=American+economic+review&rft.issn=00028282&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6500 8206 7585 4025; 1469 2540 13682 13550; 4007 3898; 8217 3977 5574 10472; 10099 4007 3898; 433 293 14 ER - TY - JOUR T1 - The impact of Chinese exports on global import prices AN - 36432351; 3331253 AB - This paper evaluates the evidence bearing on the question of whether China's buoyant export growth has led to significant changes in the import prices, and thus inflation performance, of its trading partners. This evidence suggests that the impact of Chinese exports on global import prices has been, while non-negligible, fairly modest. We identify a statistically significant effect of US imports from China on US import prices, but given the size of this effect and the relatively low share of imports in US GDP, the ultimate impact on US consumer prices has likely been quite small. Moreover, imports from China had little apparent effect on US producer prices. Finally, using a multi-country database of trade transactions, we estimate that, since 1993, Chinese exports lowered annual import inflation in a large set of economies by 0.25 percentage point or less on average. Reprinted by permission of Blackwell Publishers JF - Review of international economics AU - Kamin, Steven B AU - Marazzi, Mario AU - Schindler, John W AD - Board of Governors of the Federal Reserve System Y1 - 2006/05// PY - 2006 DA - May 2006 SP - 179 EP - 201 VL - 14 IS - 2 SN - 0965-7576, 0965-7576 KW - Economics KW - Export expansion KW - International trade KW - World economy KW - Prices KW - International economic relations KW - Imports KW - Globalization KW - U.S.A. KW - Effects KW - China UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36432351?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+international+economics&rft.atitle=The+impact+of+Chinese+exports+on+global+import+prices&rft.au=Kamin%2C+Steven+B%3BMarazzi%2C+Mario%3BSchindler%2C+John+W&rft.aulast=Kamin&rft.aufirst=Steven&rft.date=2006-05-01&rft.volume=14&rft.issue=2&rft.spage=179&rft.isbn=&rft.btitle=&rft.title=Review+of+international+economics&rft.issn=09657576&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6723 3993; 5517 3893 3921 9653 11783; 4655 3939; 10107; 6261 6802 12812 6725 4025; 6802 12812 6725 4025; 4109 2088 10642 2688 2449 10404; 13746 4025; 93 116 30; 433 293 14 ER - TY - JOUR T1 - Monetary credibility, inflation, and economic growth AN - 839133172; 3806601 JF - Cato journal AU - Ferguson, Jr., Roger W. AD - Federal Reserve System Y1 - 2006/04// PY - 2006 DA - Apr 2006 SP - 223 EP - 230 VL - 26 IS - 2 SN - 0273-3072, 0273-3072 KW - Economics KW - Central banks KW - Monetary economics KW - Credit market KW - Inflation KW - Economic growth KW - U.S.A. KW - Monetary policy KW - Policy studies UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/839133172?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Cato+journal&rft.atitle=Monetary+credibility%2C+inflation%2C+and+economic+growth&rft.au=Ferguson%2C+Jr.%2C+Roger+W.&rft.aulast=Ferguson&rft.aufirst=Jr.&rft.date=2006-04-01&rft.volume=26&rft.issue=2&rft.spage=223&rft.isbn=&rft.btitle=&rft.title=Cato+journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 9628; 8206 7585 4025; 6500 8206 7585 4025; 2998 7711; 3939; 2113 1477 4930 6590; 8217 3977 5574 10472; 433 293 14 ER - TY - JOUR T1 - Alternative procedures for estimating vector autoregressions identified with long-run restrictions AN - 36831094; 3517194 AB - We show that the standard procedure for estimating long-run identified vector autoregressions uses a particular estimator of the zero-frequency spectral density matrix of the data. We develop alternatives to the standard procedure and evaluate the properties of these alternative procedures using Monte Carlo experiments in which data are generated from estimated real business cycle models. We focus on the properties of estimated impulse response functions. In our examples, the alternative procedures have better small sample properties than the standard procedure, with smaller bias, smaller mean square error, and better coverage rates for estimated confidence intervals. Reprinted by permission of the MIT Press JF - Journal of the European Economic Association AU - Christiano, Lawrence J AU - Eichenbaum, Martin AU - Vigfusson, Robert AD - Northwestern University ; Federal Reserve System Y1 - 2006/04// PY - 2006 DA - Apr 2006 SP - 475 EP - 483 VL - 4 IS - 2-3 SN - 1542-4766, 1542-4766 KW - Economics KW - Monte Carlo simulation KW - Business cycles KW - Data analysis KW - Bias KW - Error KW - Vector-autoregressive models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36831094?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+the+European+Economic+Association&rft.atitle=Alternative+procedures+for+estimating+vector+autoregressions+identified+with+long-run+restrictions&rft.au=Christiano%2C+Lawrence+J%3BEichenbaum%2C+Martin%3BVigfusson%2C+Robert&rft.aulast=Christiano&rft.aufirst=Lawrence&rft.date=2006-04-01&rft.volume=4&rft.issue=2-3&rft.spage=475&rft.isbn=&rft.btitle=&rft.title=Journal+of+the+European+Economic+Association&rft.issn=15424766&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 13258 3864 8163 10739 12228 10919; 3279 971 3286; 8268 12265 3865 4025 10214 12224 971 12228 10919; 1565 1362 2688 2449 10404; 4387; 1850 ER - TY - JOUR T1 - Monetary policy with imperfect knowledge AN - 36828293; 3517183 AB - We examine the performance and robustness of monetary policy rules when the central bank and the public have imperfect knowledge of the economy and continuously update their estimates of model parameters. We find that versions of the Taylor rule calibrated to perform well under rational expectations with perfect knowledge perform very poorly when agents are learning and the central bank faces uncertainty regarding natural rates. In contrast, difference rules, in which the change in the interest rate is determined by the inflation rate and the change in the unemployment rate, perform well when knowledge is both perfect and imperfect. Reprinted by permission of the MIT Press JF - Journal of the European Economic Association AU - Orphanides, Athanasios AU - Williams, John C AD - Federal Reserve System ; Federal Reserve Bank Y1 - 2006/04// PY - 2006 DA - Apr 2006 SP - 366 EP - 375 VL - 4 IS - 2-3 SN - 1542-4766, 1542-4766 KW - Economics KW - Interest rates KW - Central banks KW - Uncertainty KW - Unemployment KW - Economic models KW - Inflation KW - Economic performance KW - Monetary policy KW - Knowledge KW - Taylor rule UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36828293?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+the+European+Economic+Association&rft.atitle=Monetary+policy+with+imperfect+knowledge&rft.au=Orphanides%2C+Athanasios%3BWilliams%2C+John+C&rft.aulast=Orphanides&rft.aufirst=Athanasios&rft.date=2006-04-01&rft.volume=4&rft.issue=2-3&rft.spage=366&rft.isbn=&rft.btitle=&rft.title=Journal+of+the+European+Economic+Association&rft.issn=15424766&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8217 3977 5574 10472; 7073; 12580; 3974 9390; 3969 8163; 13078; 2113 1477 4930 6590; 6637 6632; 6500 8206 7585 4025; 13092 ER - TY - JOUR T1 - The inflation persistence of staggered contracts AN - 37732232; 3268259 JF - Journal of money, credit and banking AU - Guerrieri, Luca AD - Federal Reserve System Y1 - 2006/03// PY - 2006 DA - Mar 2006 SP - 483 EP - 494 VL - 38 IS - 2 SN - 0022-2879, 0022-2879 KW - Economics KW - Empirical tests KW - Model testing KW - Contracts KW - Monetary economics KW - Maximum likelihood method KW - Monetary models KW - Sticky prices KW - Phillips curve KW - Inflation rate UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37732232?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+money%2C+credit+and+banking&rft.atitle=The+inflation+persistence+of+staggered+contracts&rft.au=Guerrieri%2C+Luca&rft.aulast=Guerrieri&rft.aufirst=Luca&rft.date=2006-03-01&rft.volume=38&rft.issue=2&rft.spage=483&rft.isbn=&rft.btitle=&rft.title=Journal+of+money%2C+credit+and+banking&rft.issn=00222879&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 6507; 12255 10107; 2841 2300 7253; 8215 8163; 8160 8163; 9480 13092 6500 8206 7585 4025; 7837 8160 8163 12230; 4202 ER - TY - JOUR T1 - Can rational expectations sticky-price models explain inflation dynamics? AN - 37719662; 3265218 JF - American economic review AU - Rudd, Jeremy AU - Whelan, Karl AD - Federal Reserve System ; Central Bank and Financial Services Authority of Ireland Y1 - 2006/03// PY - 2006 DA - Mar 2006 SP - 303 EP - 320 VL - 96 IS - 1 SN - 0002-8282, 0002-8282 KW - Economics KW - Monetary economics KW - Rational expectations KW - Sticky prices KW - Macroeconomics KW - Monetary models KW - Economic dynamics KW - Inflation rate UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37719662?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=American+economic+review&rft.atitle=Can+rational+expectations+sticky-price+models+explain+inflation+dynamics%3F&rft.au=Rudd%2C+Jeremy%3BWhelan%2C+Karl&rft.aulast=Rudd&rft.aufirst=Jeremy&rft.date=2006-03-01&rft.volume=96&rft.issue=1&rft.spage=303&rft.isbn=&rft.btitle=&rft.title=American+economic+review&rft.issn=00028282&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 6507; 8215 8163; 7585 4025; 12255 10107; 3921; 10618 4614 ER - TY - JOUR T1 - Do homeowners increase consumption after the last mortgage payment? An alternative test of the permanent income hypothesis AN - 37712376; 3252441 AB - The maturity date of a mortgage loan marks the end of monthly mortgage payments for homeowners. In the period after the last payment, homeowners experience an increase in their disposable income. Our study interprets this event as an anticipated increase in income, and tests whether households smooth consumption over the transition period as predicted by the rational-expectation life-cycle-permanent-income hypothesis. We find households do not alter nondurable-goods consumption in the period following the last mortgage payment. Instead, they increase both financial savings and savings in durable goods such as house furnishings and entertainment equipment in the year of the last mortgage payment. Reprinted by permission of the MIT Press JF - Review of economics and statistics AU - Coulibaly, Brahima AU - Li, Geng AD - Federal Reserve System Y1 - 2006/02// PY - 2006 DA - Feb 2006 SP - 10 EP - 19 VL - LXXXVIII IS - 1 SN - 0034-6535, 0034-6535 KW - Economics KW - Empirical tests KW - Consumer behaviour KW - Household expenditure KW - Survey data KW - Welfare economics KW - Rational expectations KW - Home ownership KW - Permanent income KW - U.S.A. KW - Statistical methods KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37712376?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+economics+and+statistics&rft.atitle=Do+homeowners+increase+consumption+after+the+last+mortgage+payment%3F+An+alternative+test+of+the+permanent+income+hypothesis&rft.au=Coulibaly%2C+Brahima%3BLi%2C+Geng&rft.aulast=Coulibaly&rft.aufirst=Brahima&rft.date=2006-02-01&rft.volume=LXXXVIII&rft.issue=1&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=Review+of+economics+and+statistics&rft.issn=00346535&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 12228 10919; 13525 4019; 2777 2803 3874 556 3889 6071 1542 11325; 5947 9079; 8299; 9399 6271; 10618 4614; 6036 4618; 4202; 12427 12429; 433 293 14 ER - TY - JOUR T1 - Border effects and the availability of domestic products abroad AN - 37694325; 3251026 JF - Canadian journal of economics AU - Evans, Carolyn L AD - Federal Reserve System Y1 - 2006/02// PY - 2006 DA - Feb 2006 SP - 211 EP - 246 VL - 39 IS - 1 SN - 0008-4085, 0008-4085 KW - Economics KW - Borders KW - Exports KW - Trade KW - Internal trade UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37694325?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Canadian+journal+of+economics&rft.atitle=Border+effects+and+the+availability+of+domestic+products+abroad&rft.au=Evans%2C+Carolyn+L&rft.aulast=Evans&rft.aufirst=Carolyn&rft.date=2006-02-01&rft.volume=39&rft.issue=1&rft.spage=211&rft.isbn=&rft.btitle=&rft.title=Canadian+journal+of+economics&rft.issn=00084085&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4025; 1720 12092; 12812; 6659 12812; 4679 6802 12812 6725 4025 ER - TY - JOUR T1 - Optimal nonlinear policy: signal extraction with a non-normal prior AN - 36516902; 3311979 JF - Journal of economic dynamics and control AU - Swanson, E T AD - Board of Governors of the Federal Reserve System Y1 - 2006/02// PY - 2006 DA - Feb 2006 SP - 185 EP - 204 VL - 30 IS - 2 SN - 0165-1889, 0165-1889 KW - Economics KW - Central banks KW - Learning KW - Mathematical economics KW - Non-linear models KW - Monetary models KW - Monetary policy KW - Signalling UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36516902?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=Optimal+nonlinear+policy%3A+signal+extraction+with+a+non-normal+prior&rft.au=Swanson%2C+E+T&rft.aulast=Swanson&rft.aufirst=E&rft.date=2006-02-01&rft.volume=30&rft.issue=2&rft.spage=185&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2004.10.007 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7817 4025; 8217 3977 5574 10472; 2113 1477 4930 6590; 11655 3947 6306; 8712 8163; 7278 12929 7073; 8215 8163 DO - http://dx.doi.org/10.1016/j.jedc.2004.10.007 ER - TY - JOUR T1 - Foreclosing on Opportunity: State Laws and Mortgage Credit AN - 20703614; 10832731 AB - Foreclosure laws govern the rights of borrowers and lenders when borrowers default on mortgages. In states with laws favoring the borrower, the supply of mortgage credit may decrease because lenders face higher costs. To examine the laws' effects, I compare approved mortgage applications in census tracts that border each other but are located in different states. Using a regression-discontinuity design and semiparametric estimation methods, I find that loan sizes are 3% to 7% smaller in defaulter-friendly states; this result suggests that defaulter-friendly laws impose material costs on borrowers at the time of loan origination. JF - Review of Economics and Statistics AU - Pence, Karen M AD - Board of Governors of the Federal Reserve System Y1 - 2006/02// PY - 2006 DA - Feb 2006 SP - 177 EP - 182 VL - 88 IS - 1 SN - 0034-6535, 0034-6535 KW - Risk Abstracts KW - census KW - loans KW - Reviews KW - Economics KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/20703614?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+Economics+and+Statistics&rft.atitle=Foreclosing+on+Opportunity%3A+State+Laws+and+Mortgage+Credit&rft.au=Pence%2C+Karen+M&rft.aulast=Pence&rft.aufirst=Karen&rft.date=2006-02-01&rft.volume=88&rft.issue=1&rft.spage=177&rft.isbn=&rft.btitle=&rft.title=Review+of+Economics+and+Statistics&rft.issn=00346535&rft_id=info:doi/10.1162%2Frest.2006.88.1.177 LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2009-09-01 N1 - Last updated - 2011-12-14 N1 - SubjectsTermNotLitGenreText - loans; Economics; census; Reviews DO - http://dx.doi.org/10.1162/rest.2006.88.1.177 ER - TY - JOUR T1 - The present-value model of the current account has been rejected: round up the usual suspects AN - 37703888; 3254046 JF - Journal of international economics AU - Nason, James M AU - Rogers, John H AD - Federal Reserve Bank of Atlanta ; Federal Reserve System Y1 - 2006/01// PY - 2006 DA - Jan 2006 SP - 159 EP - 187 VL - 68 IS - 1 SN - 0022-1996, 0022-1996 KW - Economics KW - Interest rates KW - Current account KW - Economic models KW - Financial models KW - International capital market KW - Capital mobility KW - International economics KW - Modelling UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37703888?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+international+economics&rft.atitle=The+present-value+model+of+the+current+account+has+been+rejected%3A+round+up+the+usual+suspects&rft.au=Nason%2C+James+M%3BRogers%2C+John+H&rft.aulast=Nason&rft.aufirst=James&rft.date=2006-01-01&rft.volume=68&rft.issue=1&rft.spage=159&rft.isbn=&rft.btitle=&rft.title=Journal+of+international+economics&rft.issn=00221996&rft_id=info:doi/10.1016%2Fj.jinteco.2005.01.004 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6725 4025; 3224 1470 1477 4930 6590 4908; 3969 8163; 4940 8163; 6637 6632; 6687 1983 7711 6749 6725 4025; 1990; 8162 8163 DO - http://dx.doi.org/10.1016/j.jinteco.2005.01.004 ER - TY - JOUR T1 - Transmission of information across international equity markets AN - 36539845; 3351658 AB - This article provides evidence of information transmission from the United States and Japan to Korean and Thai equity markets. Information is defined as important macroeconomic announcements in the United States, Japan, Korea, and Thailand. Using high-frequency intraday data, I find a large and significant association between developed-economy macroeconomic announcements and emerging-economy equity volatility and trading volume at short time horizons. Previous studies' findings of at most weak evidence of transmission from developed to emerging economies may be due to their use of lower frequency data and their focus on developed-economy financial market innovations as a proxy for information. Reprinted by permission of Oxford University Press JF - Review of financial studies AU - Wongswan, Jon AD - Federal Reserve System Y1 - 2006/01// PY - 2006 DA - Jan 2006 SP - 1157 EP - 1190 VL - 19 IS - 4 SN - 0893-9454, 0893-9454 KW - Economics KW - Financial information KW - Stock exchange KW - Thailand KW - International finance KW - Transmission mechanism KW - U.S.A. KW - Data analysis KW - Japan KW - Emerging markets KW - South Korea UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36539845?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+financial+studies&rft.atitle=Transmission+of+information+across+international+equity+markets&rft.au=Wongswan%2C+Jon&rft.aulast=Wongswan&rft.aufirst=Jon&rft.date=2006-01-01&rft.volume=19&rft.issue=4&rft.spage=1157&rft.isbn=&rft.btitle=&rft.title=Review+of+financial+studies&rft.issn=08939454&rft_id=info:doi/10.1093%2Frfs%2Fhhj033 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6727 4908 6725 4025; 4927 6515; 12928 12916; 12269 4930 6590; 4191 7711; 3279 971 3286; 433 293 14; 392 300 30; 420 393 30; 191 300 30 DO - http://dx.doi.org/10.1093/rfs/hhj033 ER - TY - JOUR T1 - Empirical proxies for the consumption-wealth ratio AN - 36505017; 3313287 JF - Review of economic dynamics AU - Rudd, Jeremy AU - Whelan, Karl AD - Board of Governors of the Federal Reserve System ; Central Bank and Financial Services Authority of Ireland Y1 - 2006/01// PY - 2006 DA - Jan 2006 SP - 34 EP - 51 VL - 9 IS - 1 SN - 1094-2025, 1094-2025 KW - Economics KW - Households KW - Stock returns KW - Household income KW - Economic forecasts KW - Statistical analysis KW - Indicators KW - Consumption KW - Wealth KW - Applied economics KW - Cointegration KW - Aggregate analysis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36505017?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Review+of+economic+dynamics&rft.atitle=Empirical+proxies+for+the+consumption-wealth+ratio&rft.au=Rudd%2C+Jeremy%3BWhelan%2C+Karl&rft.aulast=Rudd&rft.aufirst=Jeremy&rft.date=2006-01-01&rft.volume=9&rft.issue=1&rft.spage=34&rft.isbn=&rft.btitle=&rft.title=Review+of+economic+dynamics&rft.issn=10942025&rft_id=info:doi/10.1016%2Fj.red.2005.08.003 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 658 971; 1160 4025; 6040 5676; 13495; 2805 3872 554 971; 6306; 12224 971; 6037 6271; 12283 12290; 2462 3865 4025 12233; 3937 5163 DO - http://dx.doi.org/10.1016/j.red.2005.08.003 ER - TY - RPRT T1 - Post Brown vs. the Board of Education: The Effects of the End of Court-Ordered Desegregation AN - 61864749; ED505598 AB - In the early 1990s, nearly forty years after Brown v. the Board of Education, three Supreme Court decisions dramatically altered the legal environment for court-ordered desegregation. Lower courts have released numerous school districts from their desegregation plans as a result. Over the same period racial segregation increased in public schools across the country--a phenomenon which has been termed resegregation. Using a unique dataset, this paper finds that dismissal of a court-ordered desegregation plan results in a gradual, moderate increase in racial segregation and an increase in black dropout rates and black private school attendance. The increased dropout rates and private school attendance are experienced only by districts located outside of the South Census region. There is no evidence of an effect on white student dropout rates or private school attendance rates. Two appendices are included: (1) Brief History of Desegregation Law; and (2) Data Appendix. (Contains 12 tables, 6 figures and 23 footnotes.) AU - Lutz, Byron F. Y1 - 2005/12/19/ PY - 2005 DA - 2005 Dec 19 SP - 58 PB - Federal Reserve System. , Publications Fulfillment, MS-127, Washington, DC 20551. KW - United States KW - Brown v Board of Education KW - ERIC, Resources in Education (RIE) KW - School Desegregation KW - Courts KW - Desegregation Plans KW - Dropout Rate KW - Attendance KW - Dropouts KW - Whites KW - White Students KW - Racial Segregation KW - School Resegregation KW - Court Litigation KW - Private Schools UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/61864749?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Job-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundations of a High Technology Cluster AN - 59981271; 2007-03144 AB - Observers of Silicon Valley's computer cluster report that employees move rapidly between competing firms, but evidence supporting this claim is scarce. Tables, References. JF - Levy Economics Institute of Bard College, Dec 2005, 23 pp. AU - Fallick, Bruce AU - Fleischman, Charles A AU - Rebitzer, James B Y1 - 2005/12// PY - 2005 DA - December 2005 EP - 23p PB - Levy Economics Institute of Bard College KW - Labor conditions and policy - Employment and labor supply KW - Employment - High technology industries KW - Silicon Valley, California - Labor sector KW - book UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59981271?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Fallick%2C+Bruce%3BFleischman%2C+Charles+A%3BRebitzer%2C+James+B&rft.aulast=Fallick&rft.aufirst=Bruce&rft.date=2005-12-01&rft.volume=&rft.issue=&rft.spage=23p&rft.isbn=&rft.btitle=Job-Hopping+in+Silicon+Valley%3A+Some+Evidence+Concerning+the+Micro-Foundations+of+a+High+Technology+Cluster&rft.title=Job-Hopping+in+Silicon+Valley%3A+Some+Evidence+Concerning+the+Micro-Foundations+of+a+High+Technology+Cluster&rft.issn=&rft_id=info:doi/ L2 - http://www.levy.org/modules/pubslib/files/wp_432.pdf LA - English DB - PAIS Index N1 - Date revised - 2007-05-17 N1 - Publication note - Levy Economics Institute of Bard College, 2005 N1 - SuppNotes - Working Paper No. 432 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Debt maturity, risk, and asymmetric information AN - 38206469; 2987209 AB - We test the implications of Flannery's (1986) and Diamond's (1991) models concerning the effects of risk and asymmetric information in determining debt maturity, and we examine the overall importance of informational asymmetries in debt maturity choices. We employ data on over 6,000 commercial loans from 53 large U.S. banks. Our results for low-risk firms are consistent with the predictions of both theoretical models, but our findings for high-risk firms conflict with the predictions of Diamond's model and with much of the empirical literature. Our findings also suggest a strong quantitative role for asymmetric information in explaining debt maturity. Reprinted by permission of Blackwell Publishing JF - Journal of finance AU - Berger, Allen N AU - Espinosa-Vega, Marco A AU - Frame, W Scott AU - Miller, Nathan H AD - Federal Reserve System ; International Monetary Fund ; Federal Reserve Bank ; University of California Y1 - 2005/12// PY - 2005 DA - Dec 2005 SP - 2895 EP - 2924 VL - 60 IS - 6 SN - 0022-1082, 0022-1082 KW - Economics KW - Risk management KW - Financial analysis KW - Asymmetric information KW - Loans KW - Financial economics KW - Commercial banks KW - Quantitative analysis KW - Debt management KW - Financial management KW - Corporate debt UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38206469?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+finance&rft.atitle=Debt+maturity%2C+risk%2C+and+asymmetric+information&rft.au=Berger%2C+Allen+N%3BEspinosa-Vega%2C+Marco+A%3BFrame%2C+W+Scott%3BMiller%2C+Nathan+H&rft.aulast=Berger&rft.aufirst=Allen&rft.date=2005-12-01&rft.volume=60&rft.issue=6&rft.spage=2895&rft.isbn=&rft.btitle=&rft.title=Journal+of+finance&rft.issn=00221082&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4922 4025; 4937 7625; 2886 3307; 3308 3307; 1361 6515; 11038 7625; 2526 1477 4930 6590; 7487 4577 3872 554 971; 4913 3883 971; 10530 3279 971 3286 ER - TY - JOUR T1 - Small business loan turndowns, personal wealth, and discrimination AN - 38220692; 2998120 AB - We examine the impact of personal wealth on small business loan turndowns across demographic groups. Information on home ownership, home equity, and personal net worth, in combination with a rich set of explanatory variables, furthers our understanding of the credit market experiences of small businesses across demographic groups. We find substantial unexplained differences in denial rates between African-American-, Hispanic-, Asian-, and white-owned firms. We find that greater personal wealth is associated with a lower probability of loan denial. However, even after controlling for personal wealth, large differences in denial rates across demographic groups remain. Reprinted by permission of the University of Chicago Press. © All rights reserved JF - Journal of business AU - Cavalluzzo, Ken AU - Wolken, John AD - Wisconsin Capital Management ; Federal Reserve System Y1 - 2005/11// PY - 2005 DA - Nov 2005 SP - 2153 EP - 2178 VL - 78 IS - 6 SN - 0021-9398, 0021-9398 KW - Economics KW - Empirical tests KW - Managers KW - Loans KW - Home ownership KW - U.S.A. KW - Data analysis KW - Access to credit KW - Business studies KW - Credit rating KW - Economic status KW - Entrepreneurs KW - Ethnic minorities KW - Small and medium sized enterprises UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38220692?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+business&rft.atitle=Small+business+loan+turndowns%2C+personal+wealth%2C+and+discrimination&rft.au=Cavalluzzo%2C+Ken%3BWolken%2C+John&rft.aulast=Cavalluzzo&rft.aufirst=Ken&rft.date=2005-11-01&rft.volume=78&rft.issue=6&rft.spage=2153&rft.isbn=&rft.btitle=&rft.title=Journal+of+business&rft.issn=00219398&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1880 10902 1841; 11735 4300; 4305 3874 556; 7644; 4011 3974 9390; 3001; 7487 4577 3872 554 971; 5947 9079; 512 2992; 4427 8122; 4202; 3279 971 3286; 433 293 14 ER - TY - JOUR T1 - Expectations, learning, and monetary policy AN - 37733326; 3270629 JF - Journal of economic dynamics and control AU - Evans, G W AU - McGough, B AU - Bullard, J AU - Cho, I K AU - Honkapohja, S AU - Mitra, K AU - Cogley, T AU - Morozov, S AU - Sargent, T J AU - Orphanides, A AU - Williams, J C AU - Cukierman, A AU - Lippi, F AU - Kozicki, S AU - Tinsley, P A AU - Kurz, M AU - Jin, H AU - Motolese, M AU - Brock, W A AU - Durlauf, S N AD - University of Oregon ; Oregon State University ; Federal Reserve Bank of St. Louis ; University of Illinois ; University of Cambridge ; Royal Holloway College ; University of California ; Stanford University ; New York University ; Board of Governors of the Federal Reserve System ; Federal Reserve Bank of San Francisco ; Tel-Aviv University ; Banca d'Italia ; Federal Reserve Bank of Kansas City ; George Washington University ; Universitá Cattolica di Milano ; University of Wisconsin Y1 - 2005/11// PY - 2005 DA - Nov 2005 SP - 1807 EP - 2092 VL - 29 IS - 11 SN - 0165-1889, 0165-1889 KW - Economics KW - Inflation persistence KW - Bank of England KW - Model robustness KW - Central banks KW - Interest rates KW - Model testing KW - Liquidity trap KW - Rational expectations KW - Policy making KW - Phillips curve KW - Policy analysis KW - Monetary policy KW - Monetary theory KW - Economic control KW - Output potential KW - Inflation targeting KW - Vector-autoregressive models KW - Modelling KW - Taylor rule KW - Asymmetric information KW - Learning KW - Economic efficiency KW - Economic forecasts KW - Demand analysis KW - U.S.A. KW - Economic equilibrium KW - Structural change KW - United Kingdom KW - Error KW - Inflation rate KW - Bayesian method KW - Mathematical methods KW - Uncertainty KW - Stochastic models KW - Dynamic models KW - Output rate KW - Monetary models KW - NAIRU KW - Macroeconomic policy KW - Economic dynamics KW - Matrix calculus UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37733326?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=Expectations%2C+learning%2C+and+monetary+policy&rft.au=Evans%2C+G+W%3BMcGough%2C+B%3BBullard%2C+J%3BCho%2C+I+K%3BHonkapohja%2C+S%3BMitra%2C+K%3BCogley%2C+T%3BMorozov%2C+S%3BSargent%2C+T+J%3BOrphanides%2C+A%3BWilliams%2C+J+C%3BCukierman%2C+A%3BLippi%2C+F%3BKozicki%2C+S%3BTinsley%2C+P+A%3BKurz%2C+M%3BJin%2C+H%3BMotolese%2C+M%3BBrock%2C+W+A%3BDurlauf%2C+S+N&rft.aulast=Evans&rft.aufirst=G&rft.date=2005-11-01&rft.volume=29&rft.issue=11&rft.spage=1807&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Collection of 10 articles N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8231; 8215 8163; 7821 10919; 8217 3977 5574 10472; 9617 971; 7278 12929 7073; 3927 4375; 9480 13092 6500 8206 7585 4025; 10618 4614; 6507; 9625 9628; 3921; 3786 8163; 12580; 6637 6632; 7448 8217 3977 5574 10472; 6508 1116 8217 3977 5574 10472; 3372 3883 971; 12263 8163; 8160 8163; 13258 3864 8163 10739 12228 10919; 3937 5163; 1512 3865 4025; 2113 1477 4930 6590; 8451 4214; 7584 3977 5574 10472; 9060 10280; 9059; 4387; 1361 6515; 12321 6585 6590; 7831 1921 7824; 3923; 3899; 8162 8163; 13078; 433 293 14; 438 462 129 302 ER - TY - JOUR T1 - The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations AN - 37731483; 3270520 JF - Journal of economic dynamics and control AU - Orphanides, A AU - Williams, J C AD - Board of Governors of the Federal Reserve System ; Federal Reserve Bank of San Francisco Y1 - 2005/11// PY - 2005 DA - Nov 2005 SP - 1927 EP - 1950 VL - 29 IS - 11 SN - 0165-1889, 0165-1889 KW - Economics KW - Learning KW - Model testing KW - Rational expectations KW - Inflation KW - Policy analysis KW - U.S.A. KW - Monetary policy KW - Monetary theory KW - Mathematical methods KW - Monetary models KW - NAIRU KW - Macroeconomic policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37731483?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+economic+dynamics+and+control&rft.atitle=The+decline+of+activist+stabilization+policy%3A+natural+rate+misperceptions%2C+learning%2C+and+expectations&rft.au=Orphanides%2C+A%3BWilliams%2C+J+C&rft.aulast=Orphanides&rft.aufirst=A&rft.date=2005-11-01&rft.volume=29&rft.issue=11&rft.spage=1927&rft.isbn=&rft.btitle=&rft.title=Journal+of+economic+dynamics+and+control&rft.issn=01651889&rft_id=info:doi/10.1016%2Fj.jedc.2005.06.004 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8231; 8215 8163; 7821 10919; 8217 3977 5574 10472; 9617 971; 7584 3977 5574 10472; 8451 4214; 10618 4614; 7278 12929 7073; 6500 8206 7585 4025; 8160 8163; 433 293 14 DO - http://dx.doi.org/10.1016/j.jedc.2005.06.004 ER - TY - JOUR T1 - The effects of minimum wages on the distribution of family incomes: a non-parametric analysis AN - 38220556; 2992037 AB - An oft-stated goal of the minimum wage is to raise incomes of poor or low-income families. We present nonparametric estimates of the effects of minimum wages on the distribution of family income relative to needs in the United States. Although minimum wages increase the incomes of some poor families, the evidence indicates that their overall net effect is, if anything, to increase the proportions of families with incomes below or near the poverty line. It would appear that reductions in the proportions of families that are poor or near-poor should not be counted among the potential benefits of minimum wages. Reprinted by permission of University of Wisconsin Press JF - Journal of human resources AU - Neumark, David AU - Schweitzer, Mark AU - Wascher, William AD - Public Policy Institute of California ; Federal Reserve Bank of Cleveland ; Federal Reserve System Y1 - 2005/10// PY - 2005 DA - Oct 2005 SP - 867 EP - 894 VL - 40 IS - 4 SN - 0022-166X, 0022-166X KW - Economics KW - Sociology KW - Empirical tests KW - Family income KW - Labour economics KW - Poverty KW - Household income KW - Income distribution KW - U.S.A. KW - Data analysis KW - Low income KW - Minimum wages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38220556?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+human+resources&rft.atitle=The+effects+of+minimum+wages+on+the+distribution+of+family+incomes%3A+a+non-parametric+analysis&rft.au=Neumark%2C+David%3BSchweitzer%2C+Mark%3BWascher%2C+William&rft.aulast=Neumark&rft.aufirst=David&rft.date=2005-10-01&rft.volume=40&rft.issue=4&rft.spage=867&rft.isbn=&rft.btitle=&rft.title=Journal+of+human+resources&rft.issn=0022166X&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7142 4025 7585; 8108 13431 7142 4025 7585; 6037 6271; 7553 6271; 6274 3641 12233; 4768 6271; 9962; 4202; 3279 971 3286; 433 293 14 ER - TY - JOUR T1 - The sustainability of health spending growth AN - 38204818; 2991369 JF - National tax journal AU - Follette, Glenn AU - Sheiner, Louise AD - Board of Governors of the Federal Reserve System Y1 - 2005/09// PY - 2005 DA - Sep 2005 SP - 391 EP - 408 VL - LVIII IS - 3 SN - 0028-0283, 0028-0283 KW - Economics KW - Public finance KW - Finance KW - Health care KW - Public expenditure KW - Economic analysis KW - Consumption KW - Growth rates KW - U.S.A. KW - Data analysis KW - Fiscal policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38204818?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=National+tax+journal&rft.atitle=The+sustainability+of+health+spending+growth&rft.au=Follette%2C+Glenn%3BSheiner%2C+Louise&rft.aulast=Follette&rft.aufirst=Glenn&rft.date=2005-09-01&rft.volume=LVIII&rft.issue=3&rft.spage=391&rft.isbn=&rft.btitle=&rft.title=National+tax+journal&rft.issn=00280283&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 10445 4908; 5001 3977 5574 10472; 10443 4618; 5775 13521; 2805 3872 554 971; 5683 3939; 4908; 3883 971; 3279 971 3286; 433 293 14 ER - TY - JOUR T1 - Comment on: 'The incredible Volcker disinflation' AN - 38205130; 2989507 JF - Journal of monetary economics AU - Orphanides, A AD - Board of Governors of the Federal Reserve System Y1 - 2005/07// PY - 2005 DA - Jul 2005 SP - 1017 EP - 1024 VL - 52 IS - 5 SN - 0304-3932, 0304-3932 KW - Economics KW - Central banks KW - Monetary economics KW - Inflation KW - Macroeconomics KW - Policy analysis KW - U.S.A. KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38205130?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+monetary+economics&rft.atitle=Comment+on%3A+%27The+incredible+Volcker+disinflation%27&rft.au=Orphanides%2C+A&rft.aulast=Orphanides&rft.aufirst=A&rft.date=2005-07-01&rft.volume=52&rft.issue=5&rft.spage=1017&rft.isbn=&rft.btitle=&rft.title=Journal+of+monetary+economics&rft.issn=03043932&rft_id=info:doi/10.1016%2Fj.jmoneco.2005.07.002 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 8217 3977 5574 10472; 7585 4025; 2113 1477 4930 6590; 6500 8206 7585 4025; 9617 971; 433 293 14 DO - http://dx.doi.org/10.1016/j.jmoneco.2005.07.002 ER - TY - JOUR T1 - Carnegie-Rochester conference series on public policy, November 19-20, 2004 in honor of Bennett T. McCallum AN - 38204680; 2989707 JF - Journal of monetary economics AU - McGough, B AU - Rudebusch, G D AU - Williams, J C AU - Woodford, M AU - Walsh, C E AU - Levin, A T AU - Gallmeyer, M F AU - Hollifield, B AU - Zin, S E AU - Flood, R P AU - Rose, A K AU - Marshall, D A AU - Goodfriend, M AU - King, R G AU - Orphanides, A AU - Andrés, J AU - López-Salido, J D AU - Nelson, E AU - Evans, C L AD - Oregon State University ; Federal Reserve Bank of San Francisco ; University of California ; Federal Reserve Board ; Carnegie Mellon University ; International Monetary Fund ; Federal Reserve Bank of Chicago ; Federal Reserve Bank of Richmond ; Boston University ; Board of Governors of the Federal Reserve System ; Universidad de Valencia ; Banco de España ; CEPR Y1 - 2005/07// PY - 2005 DA - Jul 2005 SP - 855 EP - 1057 VL - 52 IS - 5 SN - 0304-3932, 0304-3932 KW - Economics KW - Sticky information KW - New York Stock Exchange KW - Toronto Stock Exchange KW - Volcker, Paul KW - Empirical tests KW - Term structure KW - Neokeynesianism KW - Central banks KW - Interest rates KW - Stock exchange KW - Price level KW - Economic models KW - Time series KW - Sticky prices KW - Econometrics KW - Policy analysis KW - Monetary policy KW - Economic shock KW - Monetary economics KW - Volatility KW - Expectation KW - Capital market KW - Inflation KW - Macroeconomics KW - U.S.A. KW - Economic equilibrium KW - Mathematical methods KW - Output rate KW - NAIRU KW - Risk theory UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38204680?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+monetary+economics&rft.atitle=Carnegie-Rochester+conference+series+on+public+policy%2C+November+19-20%2C+2004+in+honor+of+Bennett+T.+McCallum&rft.au=McGough%2C+B%3BRudebusch%2C+G+D%3BWilliams%2C+J+C%3BWoodford%2C+M%3BWalsh%2C+C+E%3BLevin%2C+A+T%3BGallmeyer%2C+M+F%3BHollifield%2C+B%3BZin%2C+S+E%3BFlood%2C+R+P%3BRose%2C+A+K%3BMarshall%2C+D+A%3BGoodfriend%2C+M%3BKing%2C+R+G%3BOrphanides%2C+A%3BAndr%C3%A9s%2C+J%3BL%C3%B3pez-Salido%2C+J+D%3BNelson%2C+E%3BEvans%2C+C+L&rft.aulast=McGough&rft.aufirst=B&rft.date=2005-07-01&rft.volume=52&rft.issue=5&rft.spage=855&rft.isbn=&rft.btitle=&rft.title=Journal+of+monetary+economics&rft.issn=03043932&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Collection of 12 articles N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8206 7585 4025; 8217 3977 5574 10472; 7585 4025; 6637 6632; 2113 1477 4930 6590; 9617 971; 3927 4375; 8619; 7821 10919; 6500 8206 7585 4025; 10090; 12672 6637 6632; 4614; 4002 3980 9965; 11040 11035; 1983 7711; 12269 4930 6590; 12759 12228 10919; 4202; 3865 4025; 13349 13078; 3969 8163; 8451 4214; 12255 10107; 9060 10280; 433 293 14 ER - TY - JOUR T1 - The influence of technology on foreign direct investment AN - 38215883; 2984890 JF - American economic review AU - Ihrig, Jane AD - Board of Governors of the Federal Reserve System Y1 - 2005/05// PY - 2005 DA - May 2005 SP - 309 EP - 313 VL - 95 IS - 2 SN - 0002-8282, 0002-8282 KW - Economics KW - Foreign direct investment KW - International investment KW - Technology transfer KW - Empirical research KW - Data analysis KW - International economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38215883?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=American+economic+review&rft.atitle=The+influence+of+technology+on+foreign+direct+investment&rft.au=Ihrig%2C+Jane&rft.aulast=Ihrig&rft.aufirst=Jane&rft.date=2005-05-01&rft.volume=95&rft.issue=2&rft.spage=309&rft.isbn=&rft.btitle=&rft.title=American+economic+review&rft.issn=00028282&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6738 6852; 5175 6852; 12630 12916; 6725 4025; 4200 10902; 3279 971 3286 ER - TY - JOUR T1 - Monetary Policy in a World of Mobile Capital AN - 60707759; 200522440 AB - The first in a series of articles first presented at the Cato Institute's 22nd Annual Monetary Conference, "International Monetary Reform & Capital Freedom," held 14 October 2004, addresses the role of monetary policy in empowering economies to make the most of the increasing openness & depth of international capital markets. The economic policy makers of most major industrial countries have abandoned a fixed exchange rate in favor of free capital mobility across borders & an independent monetary policy. It is argued that the benefits of floating exchange rates exceed whatever costs may result, including greater volatility. Consideration is given to how developing & emerging market countries can best resolve the so-called "trilemma," which usually ends up being a choice between flexible or & fixed exchange rates. It is concluded that developing countries need to focus on developing the "soft" infrastructure that includes building the legal, regulatory, fiscal & financial institutions necessary for a sound economy regardless of whatever options they decide upon regarding exchange rates & capital mobility. 18 Tables. Adapted from the source document. JF - CATO Journal AU - Bernanke, Ben S AD - Federal Reserve System Y1 - 2005/01// PY - 2005 DA - January 2005 SP - 1 EP - 12 VL - 25 IS - 1 SN - 0273-3072, 0273-3072 KW - World Economy KW - Monetary Policy KW - Finance KW - Developing Countries KW - Capital KW - article KW - 9141: political economy; political economy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60707759?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awpsa&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=CATO+Journal&rft.atitle=Monetary+Policy+in+a+World+of+Mobile+Capital&rft.au=Bernanke%2C+Ben+S&rft.aulast=Bernanke&rft.aufirst=Ben&rft.date=2005-01-01&rft.volume=25&rft.issue=1&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=CATO+Journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - Worldwide Political Science Abstracts N1 - Date revised - 2007-04-01 N1 - Number of references - 18 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Monetary Policy; World Economy; Finance; Capital; Developing Countries ER - TY - JOUR T1 - Evaluating direct multistep forecasts AN - 36500659; 3312097 JF - Econometric reviews AU - Clark, T E AU - McCracken, M W AD - Federal Reserve Bank of Kansas City ; Board of Governors of the Federal Reserve System Y1 - 2005 PY - 2005 DA - 2005 SP - 369 EP - 404 VL - 24 IS - 4 SN - 0747-4938, 0747-4938 KW - Economics KW - Evaluation KW - Economic forecasts KW - Econometrics KW - Data analysis KW - Methodology UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/36500659?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Econometric+reviews&rft.atitle=Evaluating+direct+multistep+forecasts&rft.au=Clark%2C+T+E%3BMcCracken%2C+M+W&rft.aulast=Clark&rft.aufirst=T&rft.date=2005-01-01&rft.volume=24&rft.issue=4&rft.spage=369&rft.isbn=&rft.btitle=&rft.title=Econometric+reviews&rft.issn=07474938&rft_id=info:doi/10.1080%2F07474930500405683 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3865 4025; 3937 5163; 4551; 7994; 3279 971 3286 DO - http://dx.doi.org/10.1080/07474930500405683 ER - TY - JOUR T1 - The Evolving U.S. Payments Imbalance and Its Impact on Europe and the Rest of the World AN - 60575812; 200518981 AB - Discusses the US payments imbalance & its global impact, focusing on its eventual resolution. Some background on the US current account deficit is provided, & the issue of sustainability is considered. It is contended that the market flexibility emerging from globalization might afford a benign resolution to the US current account imbalance. A warning is sounded against creeping protectionism, which can undermine global economic flexibility. 7 References. J. Zendejas JF - CATO Journal AU - Greenspan, Alan AD - Board Governors, Federal Reserve System Y1 - 2004/04// PY - 2004 DA - April 2004 SP - 1 EP - 11 VL - 24 IS - 1-2 SN - 0273-3072, 0273-3072 KW - World Economy KW - Public Debt KW - Protectionism KW - Globalization KW - United States of America KW - Economic Crises KW - Balance of Payments KW - article KW - 9141: political economy; political economy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60575812?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awpsa&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=CATO+Journal&rft.atitle=The+Evolving+U.S.+Payments+Imbalance+and+Its+Impact+on+Europe+and+the+Rest+of+the+World&rft.au=Greenspan%2C+Alan&rft.aulast=Greenspan&rft.aufirst=Alan&rft.date=2004-04-01&rft.volume=24&rft.issue=1-2&rft.spage=1&rft.isbn=&rft.btitle=&rft.title=CATO+Journal&rft.issn=02733072&rft_id=info:doi/ LA - English DB - Worldwide Political Science Abstracts N1 - Date revised - 2007-04-01 N1 - Number of references - 7 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - United States of America; Balance of Payments; Public Debt; World Economy; Globalization; Economic Crises; Protectionism ER - TY - JOUR T1 - Risk-based capital requirements for mortgage loans AN - 17733401; 6070252 AB - We contribute to the debate over the reform of the Basel Accord by developing risk-based capital requirements for mortgage loans held in portfolio by financial intermediaries. Our approach employs simulation of both economic variables that affect default incidence and conditional loss probability distributions. Results indicate that appropriate capital charges for credit risk vary substantially with loan characteristics and portfolio geographic diversification. Hence, rules that offer little risk differentiation, including the current Basel I regime and "standardized" approach proposed in Basel II result in significant divergence between regulatory and economic capital. These results highlight the incentive problems inherent in simplified methods of capital regulation. JF - Journal of Banking and Finance AU - Calem, P S AU - LaCour-Little, M AD - Division of Research and Statistics, Board of Governors of the Federal Reserve System, Washington, DC 20551, USA Y1 - 2004/03// PY - 2004 DA - Mar 2004 SP - 647 EP - 672 VL - 28 IS - 3 SN - 0378-4266, 0378-4266 KW - capital requirements KW - Risk Abstracts KW - Economics KW - Simulation KW - banking KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/17733401?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Banking+and+Finance&rft.atitle=Risk-based+capital+requirements+for+mortgage+loans&rft.au=Calem%2C+P+S%3BLaCour-Little%2C+M&rft.aulast=Calem&rft.aufirst=P&rft.date=2004-03-01&rft.volume=28&rft.issue=3&rft.spage=647&rft.isbn=&rft.btitle=&rft.title=Journal+of+Banking+and+Finance&rft.issn=03784266&rft_id=info:doi/10.1016%2FS0378-4266%2803%2900039-6 LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2006-11-01 N1 - Last updated - 2011-12-13 N1 - SubjectsTermNotLitGenreText - Economics; banking; Simulation DO - http://dx.doi.org/10.1016/S0378-4266(03)00039-6 ER - TY - JOUR T1 - Minimum Wages, Labor Market Institutions, and Youth Employment: A Cross-National Analysis AN - 60486061; 200412195 AB - The authors estimate the employment effects of changes in national minimum wages using a pooled cross-section time-series data set comprising 17 OECD countries for the period 1975-2000. The average effects they find are consistent with the view that minimum wages cause employment losses among youths. However, the evidence also shows considerable variation across countries. In particular, disemployment effects of minimum wages appear to be smaller in countries that have subminimum wage provisions for youths. Regarding other labor market policies & institutions, the authors find that more restrictive labor standards & higher union coverage strengthen the disemployment effects of minimum wages, while employment protection laws & active labor market policies designed to bring unemployed individuals into the work force help to offset these effects. Overall, the disemployment effects of minimum wages are strongest in the countries with the least regulated labor markets. 7 Tables, 1 Appendix, 43 References. Adapted from the source document. JF - Industrial and Labor Relations Review AU - Neumark, David AU - Wascher, William AD - Division Research & Statistics, Federal Reserve System Y1 - 2004/01// PY - 2004 DA - January 2004 SP - 223 EP - 248 VL - 57 IS - 2 SN - 0019-7939, 0019-7939 KW - Minimum Wage KW - Government Regulation KW - Unions KW - Labor Policy KW - Unemployment KW - Youth Employment KW - Labor Market KW - Crosscultural Differences KW - article KW - 0621: complex organization; jobs, work organization, workplaces, & unions UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60486061?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Industrial+and+Labor+Relations+Review&rft.atitle=Minimum+Wages%2C+Labor+Market+Institutions%2C+and+Youth+Employment%3A+A+Cross-National+Analysis&rft.au=Neumark%2C+David%3BWascher%2C+William&rft.aulast=Neumark&rft.aufirst=David&rft.date=2004-01-01&rft.volume=57&rft.issue=2&rft.spage=223&rft.isbn=&rft.btitle=&rft.title=Industrial+and+Labor+Relations+Review&rft.issn=00197939&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Number of references - 43 N1 - Last updated - 2016-09-28 N1 - CODEN - ILREAQ N1 - SubjectsTermNotLitGenreText - Youth Employment; Crosscultural Differences; Unemployment; Labor Policy; Unions; Government Regulation; Minimum Wage; Labor Market ER - TY - JOUR T1 - Downside Danger: Why the World's Central Banks Must Become More Vigilant about Falling Prices AN - 60681401; 200402341 AB - Examines the concern of central banks regarding inflation levels, particularly symmetric inflation risks. The potential impacts of very low inflation or deflation on an economy are discussed. Ways for the central bank to stimulate the economy are suggested, & the question of the appropriate inflation rate is pondered. L. Collins JF - Foreign Policy AU - Bernanke, Ben S AD - US Federal Reserve System Y1 - 2003/11// PY - 2003 DA - November 2003 SP - 74 EP - 75 IS - 139 SN - 0015-7228, 0015-7228 KW - Monetary Policy KW - Inflation KW - article KW - 9141: political economy; political economy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60681401?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awpsa&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Foreign+Policy&rft.atitle=Downside+Danger%3A+Why+the+World%27s+Central+Banks+Must+Become+More+Vigilant+about+Falling+Prices&rft.au=Bernanke%2C+Ben+S&rft.aulast=Bernanke&rft.aufirst=Ben&rft.date=2003-11-01&rft.volume=&rft.issue=139&rft.spage=74&rft.isbn=&rft.btitle=&rft.title=Foreign+Policy&rft.issn=00157228&rft_id=info:doi/ LA - English DB - Worldwide Political Science Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Monetary Policy; Inflation ER - TY - JOUR T1 - Capital standards for banks: the evolving Basel Accord AN - 38542870; 2498782 JF - Federal Reserve bulletin Y1 - 2003/09// PY - 2003 DA - Sep 2003 SP - 395 EP - 405 VL - 89 IS - 9 SN - 0014-9209, 0014-9209 KW - Economics KW - Central banks KW - Banking system KW - Finance KW - Capital market KW - Banks KW - Capital KW - U.S.A. KW - Banking KW - Accounting UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38542870?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Capital+standards+for+banks%3A+the+evolving+Basel+Accord&rft.au=&rft.aulast=&rft.aufirst=&rft.date=2003-09-01&rft.volume=89&rft.issue=9&rft.spage=395&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1477 4930 6590; 4908; 1952; 528 4937 7625; 1470 1477 4930 6590 4908; 2113 1477 4930 6590; 1474 1477 4930 6590; 1983 7711; 433 293 14 ER - TY - JOUR T1 - U.S. international transactions in 2002 AN - 38484830; 2466409 JF - Federal Reserve bulletin Y1 - 2003/05// PY - 2003 DA - May 2003 SP - 191 EP - 203 VL - 89 IS - 5 SN - 0014-9209, 0014-9209 KW - Economics KW - Exports KW - Deficit financing KW - Imports KW - Budget deficit KW - National accounting KW - U.S.A. KW - Balance of trade KW - Capital flow UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38484830?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=U.S.+international+transactions+in+2002&rft.au=&rft.aulast=&rft.aufirst=&rft.date=2003-05-01&rft.volume=89&rft.issue=5&rft.spage=191&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8482 528 4937 7625; 1797 1811 4937 7625; 3353 4968 4908; 1442 12812; 1967; 4679 6802 12812 6725 4025; 6261 6802 12812 6725 4025; 433 293 14 ER - TY - JOUR T1 - Monteary policy report to the Congress AN - 38479865; 2459678 JF - Federal Reserve bulletin Y1 - 2003/03// PY - 2003 DA - Mar 2003 SP - 93 EP - 124 VL - 89 IS - 3 SN - 0014-9209, 0014-9209 KW - Economics KW - Uncertainty KW - Monetary economics KW - Inflation KW - Economic growth KW - U.S.A. KW - Economic conditions KW - Monetary policy KW - Equity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38479865?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Monteary+policy+report+to+the+Congress&rft.au=&rft.aulast=&rft.aufirst=&rft.date=2003-03-01&rft.volume=89&rft.issue=3&rft.spage=93&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 4025; 8206 7585 4025; 8217 3977 5574 10472; 3898; 4380; 13078; 3939; 6500 8206 7585 4025; 433 293 14 ER - TY - JOUR T1 - Mortgage refinancing in 2001 and early 2002 AN - 38416973; 2426496 JF - Federal Reserve bulletin Y1 - 2002/12// PY - 2002 DA - Dec 2002 SP - 469 EP - 481 VL - 88 IS - 12 SN - 0014-9209, 0014-9209 KW - Economics KW - Finance KW - Mortgage credit KW - U.S.A. KW - Economic conditions KW - Mortgage loans KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38416973?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Mortgage+refinancing+in+2001+and+early+2002&rft.au=&rft.aulast=&rft.aufirst=&rft.date=2002-12-01&rft.volume=88&rft.issue=12&rft.spage=469&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8299; 8296 7487 4577 3872 554 971; 3898; 4908; 8294 2992; 433 293 14 ER - TY - JOUR T1 - Financial literacy: an overview of practice, research and policy AN - 38413809; 2426498 JF - Federal Reserve bulletin Y1 - 2002/11// PY - 2002 DA - Nov 2002 SP - 445 EP - 457 VL - 88 IS - 11 SN - 0014-9209, 0014-9209 KW - Economics KW - Finance KW - Training KW - U.S.A. KW - Students KW - Stockholders KW - Decision making KW - Education KW - Financial services KW - Consumers KW - Research KW - Investment KW - Literacy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38413809?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Financial+literacy%3A+an+overview+of+practice%2C+research+and+policy&rft.au=&rft.aulast=&rft.aufirst=&rft.date=2002-11-01&rft.volume=88&rft.issue=11&rft.spage=445&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 7454 7353 4049; 4908; 10902; 12334 4049; 2803 3874 556; 4957; 12894; 3322 6071 1542 11325; 6852; 12288 12290; 4049; 433 293 14 ER - TY - JOUR T1 - Retail fees of depository institutions, 1997-2001 AN - 38413767; 2426502 JF - Federal Reserve bulletin Y1 - 2002/09// PY - 2002 DA - Sep 2002 SP - 405 EP - 413 VL - 88 IS - 9 SN - 0014-9209, 0014-9209 KW - Economics KW - Fees KW - Retail trade KW - Financial services KW - Banks KW - U.S.A. KW - Banking UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38413767?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Retail+fees+of+depository+institutions%2C+1997-2001&rft.au=&rft.aulast=&rft.aufirst=&rft.date=2002-09-01&rft.volume=88&rft.issue=9&rft.spage=405&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1470 1477 4930 6590 4908; 10980 12812; 4957; 1477 4930 6590; 433 293 14 ER - TY - JOUR T1 - How accurate are value-at-risk models at commercial banks? AN - 1282038111; 4391264 AB - In recent years, the trading accounts at large commercial banks have grown substantially and become progressively more diverse and complex. We provide descriptive statistics on the trading revenues from such activities and on the associated Value-at‐ ;Risk (VaR) forecasts internally estimated by banks. For a sample of large bank holding companies, we evaluate the performance of banks' trading risk models by examining the statistical accuracy of the VaR forecasts. Although a substantial literature has examined the statistical and economic meaning of Value‐ ;at-Risk models, this article is the first to provide a detailed analysis of the performance of models actually in use. Reprinted by permission of Blackwell Publishing JF - Journal of finance AU - Berkowitz, Jeremy AU - O'brien, James AD - University of California, Irvine ; US Board of Governors of the Federal Reserve System Y1 - 2002/06// PY - 2002 DA - Jun 2002 SP - 1093 EP - 1111 VL - 57 IS - 3 SN - 0022-1082, 0022-1082 KW - Economics KW - Forecasts KW - Insider dealing KW - Commercial banks KW - Economic analysis KW - Statistical analysis KW - Vector-autoregressive models UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1282038111?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+finance&rft.atitle=How+accurate+are+value-at-risk+models+at+commercial+banks%3F&rft.au=Berkowitz%2C+Jeremy%3BO%27brien%2C+James&rft.aulast=Berkowitz&rft.aufirst=Jeremy&rft.date=2002-06-01&rft.volume=57&rft.issue=3&rft.spage=1093&rft.isbn=&rft.btitle=&rft.title=Journal+of+finance&rft.issn=00221082&rft_id=info:doi/10.1111%2F1540-6261.00455 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 2526 1477 4930 6590; 6581 3903 3035 3015 11881; 5163; 12224 971; 13258 3864 8163 10739 12228 10919; 3883 971 DO - http://dx.doi.org/10.1111/1540-6261.00455 ER - TY - JOUR T1 - Lifetime Inheritances of Three Generations of Whites and Blacks AN - 60105464; 200302203 AB - This article estimates lifetime inheritances by combining survey self-reports of inheritances received with forecasts of prospective inheritances. These estimates encompass whites & blacks of the baby boom generation & the two preceding generations. The white-black gap in lifetime inheritances is found to increase both absolute & relative racial wealth inequality. The gap is estimated to be much larger for the baby boom generation than for previous generations. Combined with the stalling of blacks' progress in earnings relative to whites' since the 1980s, the baby boom generation may thus have begun a reversal of progress toward racial economic equality, with inheritances playing a key role in this reversal. 5 Tables, 1 Appendix, 76 References. Adapted from the source document. JF - American Journal of Sociology AU - Avery, Robert B AU - Rendall, Michael S AD - Board Governors, Federal Reserve System, Washington, DC Y1 - 2002/03// PY - 2002 DA - March 2002 SP - 1300 EP - 1346 VL - 107 IS - 5 SN - 0002-9602, 0002-9602 KW - Whites KW - Black Americans KW - Black White Differences KW - Generational Differences KW - Income Inequality KW - Wealth KW - Inheritance and Succession KW - article KW - 1022: social differentiation; generations/intergenerational relations UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60105464?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=American+Journal+of+Sociology&rft.atitle=Lifetime+Inheritances+of+Three+Generations+of+Whites+and+Blacks&rft.au=Avery%2C+Robert+B%3BRendall%2C+Michael+S&rft.aulast=Avery&rft.aufirst=Robert&rft.date=2002-03-01&rft.volume=107&rft.issue=5&rft.spage=1300&rft.isbn=&rft.btitle=&rft.title=American+Journal+of+Sociology&rft.issn=00029602&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-10-30 N1 - Last updated - 2016-09-28 N1 - CODEN - AJSOAR N1 - SubjectsTermNotLitGenreText - Inheritance and Succession; Black White Differences; Generational Differences; Wealth; Income Inequality; Black Americans; Whites ER - TY - JOUR T1 - Social Security Reform in the Twenty-First Century: The United States AN - 60460614; 200312504 AB - The paper reviews the history of the Social Security system in the US in the 20th century & discusses options for the 21st. Because of the steady aging of the US population & the impending retirement of the large baby boom cohort, the Social Security program now is in long-term actuarial deficit. The standard 20th-century approach to this actuarial deficit would be to raise payroll taxes enough to pay for anticipated future benefit increases, but for several reasons that approach may not be so popular this time around. The author's preferred approach is a gradual trimming of long-term benefit growth, plus "add on" individual accounts to provide new saving, for the economy & for the retirement system. The paper also criticizes proposals for Social Security reform made by President Clinton & a committee appointed by President Bush, generally because these proposals do not provide enough new saving. 6 References. Adapted from the source document. COPIES ARE AVAILABLE FROM: HAWORTH DOCUMENT DELIVERY CENTER, The Haworth Press, Inc., 10 Alice Street, Binghamton, NY 13904-1580 JF - Journal of Aging & Social Policy AU - Gramlich, Edward M AD - Board Governors, Federal Reserve System, Washington, DC Y1 - 2002///0, PY - 2002 DA - 0, 2002 SP - 67 EP - 80 VL - 14 IS - 1 SN - 0895-9420, 0895-9420 KW - Social Policy KW - Twenty First Century KW - United States of America KW - Policy Reform KW - Social Security KW - article KW - 2187: social problems and social welfare; social service programs/delivery systems UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60460614?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Aging+%26+Social+Policy&rft.atitle=Social+Security+Reform+in+the+Twenty-First+Century%3A+The+United+States&rft.au=Gramlich%2C+Edward+M&rft.aulast=Gramlich&rft.aufirst=Edward&rft.date=2002-01-01&rft.volume=14&rft.issue=1&rft.spage=67&rft.isbn=&rft.btitle=&rft.title=Journal+of+Aging+%26+Social+Policy&rft.issn=08959420&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - CODEN - JSPOE8 N1 - SubjectsTermNotLitGenreText - United States of America; Social Security; Social Policy; Policy Reform; Twenty First Century ER - TY - BOOK T1 - On the fragility of gains from trade under continuously differentiated Bertrand competition T2 - International finance discussion papers AN - 39310835; 2486878 JF - On the fragility of gains from trade under continuously differentiated Bertrand competition AU - Marazzi, Mario Y1 - 2002 PY - 2002 DA - 2002 SP - 35 PB - Board of Governors of the Federal Reserve System KW - Economics KW - International trade KW - Trade KW - Imperfect competition KW - Econometric models KW - Competition UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/39310835?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Marazzi%2C+Mario&rft.aulast=Marazzi&rft.aufirst=Mario&rft.date=2002-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=On+the+fragility+of+gains+from+trade+under+continuously+differentiated+Bertrand+competition&rft.title=On+the+fragility+of+gains+from+trade+under+continuously+differentiated+Bertrand+competition&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Also available online; Includes bibliographical references (p. 34-35) N1 - Last updated - 2013-09-16 ER - TY - JOUR T1 - Open Forum: Research Before You Regulate AN - 198381602 AB - This attractive picture of expanded credit access is marred by those very troubling reports of abusive and unscrupulous credit practices, predatory lending practices, that can strip homeowners of the equity in their homes and ultimately even result in foreclosure. We readily draw a distinction between the types of credit practices that are legitimate and those that give rise to concern. Subprime loans to low-income borrowers made under practices in which both lenders and borrowers truly understand the deal should go on - these are an important part of the American Dream for low- income borrowers. Abusive practices should be stopped. Though we have held discussions on the different categories of subprime loans, the credit profiles of vulnerable borrowers, and the marketing and underwriting tactics that predatory lenders employ, we find that the absence of hard data inhibits a full understanding of the predatory lending problem. Exactly what are the most egregious lending practices? How prevalent are they? How can they be stopped? Absent the available data and the analysis and relationships they reveal, rulemakers and policymakers are challenged to ensure that their actions do not have unintended consequences. We are mindful that expansive regulatory action intended to deter predatory practices may discourage legitimate lenders from providing loans and restrict the access to credit that we have worked so hard to expand. JF - National Mortgage News AU - Edward M. Gramlich, Board of Governors of the Federal Reserve System Y1 - 2001/07/23/ PY - 2001 DA - 2001 Jul 23 SP - 4 CY - New York PB - SourceMedia VL - 25 IS - 42 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Community development KW - Low income groups KW - Regulatory agencies KW - Policy making KW - Subprime lending KW - Predatory lending KW - United States KW - US KW - Gramlich, Edward KW - 8100:Financial services industry KW - 1200:Social policy KW - 4310:Regulation KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198381602?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Research+Before+You+Regulate&rft.au=Edward+M.+Gramlich%2C+Board+of+Governors+of+the+Federal+Reserve+System&rft.aulast=Edward+M.+Gramlich&rft.aufirst=Board+of+Governors+of+the+Federal+Reserve&rft.date=2001-07-23&rft.volume=25&rft.issue=42&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Reserve System N1 - Copyright - Copyright American Banker-Bond Buyer, a Division of Thomson Publishing Corporation Jul 23, 2001 N1 - People - Gramlich, Edward N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US; Gramlich, Edward ER - TY - JOUR T1 - Open Forum: Transparency in Central Banking AN - 198424513 AB - The second reason transparency is important is that clarity and predictability of policy decisions may enhance the effectiveness of monetary policy. The Federal Reserve controls a very short-term interest rate the overnight Federal Funds Rate but, theory and empirical evidence make clear that longer-term rates matter most for the economy. Those longer-term rates, in turn, reflect expectations of future short-term rates, as well as premiums for uncertainty. If the monetary authority can be clearer about what it is doing now and what it plans to do, then market participants can improve their expectations of future short rates. Also, less uncertainty about monetary policy might reduce the premium for uncertainty. Thus, transparency ought to bring the rates that matter most for the macro- economy into closer alignment with the intentions of monetary policymakers. In effect, greater transparency allows policymakers to work with the market, not against it. JF - National Mortgage News AU - Roger Ferguson, Vice Chairman, Board of Governors of the Federal Reserve System Y1 - 2001/06/18/ PY - 2001 DA - 2001 Jun 18 SP - 4 CY - New York PB - SourceMedia VL - 25 IS - 38 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Central banks KW - Monetary policy KW - United States KW - US KW - 8100:Financial services industry KW - 1120:Economic policy & planning KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198424513?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Transparency+in+Central+Banking&rft.au=Roger+Ferguson%2C+Vice+Chairman%2C+Board+of+Governors+of+the+Federal+Reserve+System&rft.aulast=Roger+Ferguson&rft.aufirst=Vice&rft.date=2001-06-18&rft.volume=25&rft.issue=38&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright American Banker-Bond Buyer, a Division of Thomson Publishing Corporation Jun 18, 2001 N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Open Forum: Watching E-Commerce Evolve AN - 198362486 AB - The evolution of investment in e-commerce firms, particularly Web- only firms, continues to receive attention in the press. Needless to say, rational economic behavior suggests that investors would require a high return to invest in unproven but potentially profitable endeavors. After all, some innovations struggle but succeed, while others arrive too soon for the technology, arrive too soon for the market, or are not commercially successful for a wide variety of other reasons. The rapid reassessment of the business prospects of some e-commerce firms during the course of last year is a reflection of this reality. Now I would like to turn to the topic of payment systems and discuss whether Turning to the role of the Federal Reserve, recall that one reason that Congress established the Federal Reserve was to improve the nation's payment System. The Federal Reserve Act of 1913 provides the foundation for the Federal Reserve to establish a national check- clearing system. Today, the Reserve Banks distribute cash, clear checks, and provide electronic payment services to banks. Recently, evolving technology and growth in alternatives to cash and check payments have raised questions about the Federal Reserve's role in the payment system. A recent study concluded that the Federal Reserve should continue to provide all its existing payment services with the explicit goal of enhancing efficiency, effectiveness, and convenience, while ensuring access for all banks. JF - National Mortgage News AU - ROGER W. FERGUSON, JR., Vice Chairman, Board of Governors of the Federal Reserve System Y1 - 2001/03/12/ PY - 2001 DA - 2001 Mar 12 SP - 4 CY - New York PB - SourceMedia VL - 25 IS - 24 SN - 10503331 KW - Business And Economics--Banking And Finance KW - Electronic commerce KW - Payment systems KW - Clearance & settlement KW - United States KW - US KW - 8100:Financial services industry KW - 5250:Telecommunications systems & Internet communications KW - 9190:United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/198362486?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Abankinginformation&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=National+Mortgage+News&rft.atitle=Open+Forum%3A+Watching+E-Commerce+Evolve&rft.au=ROGER+W.+FERGUSON%2C+JR.%2C+Vice+Chairman%2C+Board+of+Governors+of+the+Federal+Reserve+System&rft.aulast=ROGER+W.+FERGUSON&rft.aufirst=JR.&rft.date=2001-03-12&rft.volume=25&rft.issue=24&rft.spage=4&rft.isbn=&rft.btitle=&rft.title=National+Mortgage+News&rft.issn=10503331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - Federal Reserve System N1 - Copyright - Copyright American Banker-Bond Buyer, a Division of Thomson Publishing Corporation Mar 12, 2001 N1 - Last updated - 2010-06-06 N1 - SubjectsTermNotLitGenreText - United States; US ER - TY - JOUR T1 - Immigration Reform and the Earnings of Latino Workers: Do Employer Sanctions Cause Discrimination? AN - 60575117; 200111408 AB - Using the Current Population Surveys, the authors investigate whether sanctions against employers for hiring undocumented workers, a provision of the 1986 Immigration Reform & Control Act (IRCA), adversely affected the hourly earnings of Latino workers in the southwestern US. The analysis exploits the fact that agricultural employers were exempt from the sanctions & from employee-verification requirements for the first two years following IRCA's passage. The authors find substantial pre-post IRCA declines in the wages of Latino nonagricultural workers relative to Latinos in agriculture. They do not observe similar shifts in the relative wages among non-Latino white workers. When using non-Latino black & white nonagricultural workers as alternative control groups, they find that Latino wages declined relative to black wages but not relative to white wages. Finally, they find that the pre-post IRCA intersectoral & interethnic relative wage declines for Latino nonagricultural workers do not reflect longer-term trends. 5 Tables, 2 Figures, 1 Appendix, 28 References. Adapted from the source document. JF - Industrial and Labor Relations Review AU - Bansak, Cynthia AU - Raphael, Steven AD - Board Governors, Federal Reserve System, Washington, DC Y1 - 2001/01// PY - 2001 DA - January 2001 SP - 275 EP - 295 VL - 54 IS - 2 SN - 0019-7939, 0019-7939 KW - Undocumented Immigrants KW - Immigration Policy KW - Latin American Cultural Groups KW - Employment Discrimination KW - United States of America KW - Wages KW - Agricultural Workers KW - Sanctions KW - Income KW - article KW - 9067: international relations; refugees/immigration UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60575117?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awpsa&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Industrial+and+Labor+Relations+Review&rft.atitle=Immigration+Reform+and+the+Earnings+of+Latino+Workers%3A+Do+Employer+Sanctions+Cause+Discrimination%3F&rft.au=Bansak%2C+Cynthia%3BRaphael%2C+Steven&rft.aulast=Bansak&rft.aufirst=Cynthia&rft.date=2001-01-01&rft.volume=54&rft.issue=2&rft.spage=275&rft.isbn=&rft.btitle=&rft.title=Industrial+and+Labor+Relations+Review&rft.issn=00197939&rft_id=info:doi/ LA - English DB - Worldwide Political Science Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - CODEN - ILREAQ N1 - SubjectsTermNotLitGenreText - Wages; United States of America; Latin American Cultural Groups; Immigration Policy; Income; Sanctions; Employment Discrimination; Undocumented Immigrants; Agricultural Workers ER - TY - GEN T1 - The Evolving Demand for Skills. AN - 62181330; ED468228 AB - From a macroeconomic perspective, the evolving demand for skills in the United States has been triggered by the accelerated expansion of computer and information technology, which has, in turn, brought significant changes to the workplace. Technological advances have made some wholly manual jobs obsolete. But even for many other workers, a rapidly evolving work environment in which jobs' skill demands are rapidly evolving can lead to anxiety over job loss. The education and training systems have been feeling the pressures of a great number of these workers striving to keep up. These pressures will likely remain intense as learning increasingly becomes a lifelong activity. If the United States is to remain preeminent in transforming knowledge into economic value, its system of higher education must remain the world's leader in generating scientific and technological breakthroughs and preparing workers to meet the evolving demands for skilled labor. The notion that formal degree or training programs at levels established today can be crafted to fully support the requirements of one's lifework has been challenged. Policymakers must foster and support a flexible education system that integrates work and training and serves the needs of both experienced workers at different stages in their careers and students embarking on their initial course of study. (MN) AU - Greenspan, Alan Y1 - 2000/04/11/ PY - 2000 DA - 2000 Apr 11 SP - 6 KW - ERIC, Resources in Education (RIE) KW - Postsecondary Education KW - Lifelong Learning KW - Government School Relationship KW - Government Role KW - Educational Finance KW - Public Policy KW - Educational Needs KW - Employment Qualifications KW - Skill Development KW - Position Papers KW - Job Skills KW - Articulation (Education) KW - Work Environment KW - Universities KW - Labor Force Development KW - Education Work Relationship KW - Technological Advancement KW - Financial Support KW - Macroeconomics KW - Job Training KW - Secondary Education KW - Information Technology KW - Adult Learning KW - Policy Formation KW - Labor Market KW - Demand Occupations UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/62181330?accountid=14244 LA - English DB - ERIC N1 - SuppNotes - Remarks given at the Department of Labor National Skills Summit (Washington, DC, April 11, 2000). N1 - Last updated - 2017-02-24 ER - TY - NEWS T1 - The peril is flawed US policy AN - 313430260 AB - The U.S. trade deficit in 1998 was notable in three respects: its record size of $168.6 billion, the sharp increase of 53 percent from the prior year and its composition, which comprised not only surging imports but also declining exports. The Asia financial crisis and the policy responses to it go far toward explaining the disturbingly weak U.S. export growth. U.S. Treasury policy, implemented through programs of the International Monetary Fund, required currency devaluation, fiscal stringency and deflation in affected Asian economies. The inevitable consequence was first a sharp decline in demand for imports, especially those priced in expensive U.S. dollars, and later a surge in exports, especially to the United States. JF - Journal of Commerce AU - GERALD P. O'DRISCOLL JR. Gerald P. O'Driscoll Jr. is senior fellow in economic policy at the Heritage Foundation, former director of policy analysis at Citigroup and a former official in the Federal Reserve System. This article was distributed by Bridge Y1 - 1999/02/26/ PY - 1999 DA - 1999 Feb 26 EP - 4A CY - New York SN - 15423867 KW - Business And Economics--Domestic Commerce UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/313430260?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=Journal+of+Commerce&rft.atitle=The+peril+is+flawed+US+policy%3A+%5B5+Edition%5D&rft.au=GERALD+P.+O%27DRISCOLL+JR.+Gerald+P.+O%27Driscoll+Jr.+is+senior+fellow+in+economic+policy+at+the+Heritage+Foundation%2C+former+director+of+policy+analysis+at+Citigroup+and+a+former+official+in+the+Federal+Reserve+System.+This+article+was+distributed+by+Bridge&rft.aulast=GERALD+P.+O%27DRISCOLL+JR.+Gerald+P.+O%27Driscoll+Jr.+is+senior+fellow+in+economic+policy+at+the+Heritage+Foundation&rft.aufirst=former+director+of+policy+analysis+at+Citigroup+and+a+former+official+in+the+Federal+Reserve+System.+This+article+was+distributed+by&rft.date=1999-02-26&rft.volume=&rft.issue=&rft.spage=4.A&rft.isbn=&rft.btitle=&rft.title=Journal+of+Commerce&rft.issn=15423867&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Journal of Commerce Inc. Feb 26, 1999 N1 - Last updated - 2016-07-30 ER - TY - GEN T1 - The Fed Today: Lesson Plans and Activities for Economics, Government, and History Teachers. AN - 62247411; ED458167 AB - Most educators agree that the story of the evolution of money and banking in the United States includes many historical events that have been crucial to the nation's development. This collection of materials consists of a video, a related brochure, and a series of lesson plans about the Federal Reserve. The video provides a 14-minute introduction to the Federal Reserve and its role in the money and banking system of the United States, and the brochure summarizes the Federal Reserve today, its history and its operation. The accompanying teacher's guide includes six lesson plans: (1) "'The Fed Today': A Video on the Federal Reserve"; (2) "History of Money and Banking in the U.S."; (3) "Is the Fed Public or Private?"; (4) "The Fed's Role in Making and Setting Monetary Policy"; (5)"The Fed Is Protecting Your Money"; (6) "The Fed: Helping Keep Banks Safe and Sound." The lessons give suggestions for teachers to incorporate Web-based resources from Federal reserve Web sites. The video, lessons, and Web sites can be used with economics, government, United States history, and personal finance courses. Each lesson includes an overview, student objectives, time and materials needed, advance preparation, step-by-step procedures, and suggested extension activities. Masters for visual presentation and student handouts are included. A glossary, a map of the Reserve Banks, and list of Web sites with additional resources for teaching about the Fed are appended. (BT) Y1 - 1999 PY - 1999 DA - 1999 SP - 73 PB - Federal Reserve Bank of Philadelphia, Ten Independence Mall, Philadelphia, PA 19106-1574. Tel: 215-574-6000; e-mail: philadelphia-webmaster@phil.frb.org. For full text: http://www.phil.frb.org/education/fedtoday.html. KW - Money KW - Web Sites KW - Federal Reserve System KW - ERIC, Resources in Education (RIE) KW - Practitioners KW - Teachers KW - Money Management KW - Government Role KW - Economics KW - Social Studies KW - Videotape Recordings KW - Higher Education KW - Federal Government KW - Banking KW - Economics Education KW - Secondary Education UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/62247411?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - JOUR T1 - The relation between treasury yields and corporate bond Yield spreads AN - 1282038468; 4391248 AB - Because the option to call a corporate bond should rise in value when bond yields fall, the relation between noncallable Treasury yields and spreads of corporate bond yields over Treasury yields should depend on the callability of the corporate bond. I confirm this hypothesis for investment-grade corporate bonds. Although yield spreads on both callable and noncallable corporate bonds fall when Treasury yields rise, this relation is much stronger for callable bonds. This result has important implications for interpreting the behavior of yields on commonly used corporate bond indexes, which are composed primarily of callable bonds. Reprinted by permission of Blackwell Publishing JF - Journal of finance AU - Duffee, Gregory R AD - US Board of Governors of the Federal Reserve System Y1 - 1998/12// PY - 1998 DA - Dec 1998 SP - 2225 EP - 2241 VL - 53 IS - 6 SN - 0022-1082, 0022-1082 KW - Economics KW - Corporate bonds KW - Economic behaviour KW - Treasury KW - Options on stocks KW - Investment KW - Hypothesis UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1282038468?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+finance&rft.atitle=The+relation+between+treasury+yields+and+corporate+bond+Yield+spreads&rft.au=Duffee%2C+Gregory+R&rft.aulast=Duffee&rft.aufirst=Gregory&rft.date=1998-12-01&rft.volume=53&rft.issue=6&rft.spage=2225&rft.isbn=&rft.btitle=&rft.title=Journal+of+finance&rft.issn=00221082&rft_id=info:doi/10.1111%2F0022-1082.00089 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 12961 5563 5586 9792 10424 567; 2882 1696; 6852; 6161 10919; 3889 6071 1542 11325; 8968 12290 DO - http://dx.doi.org/10.1111/0022-1082.00089 ER - TY - GEN T1 - Public Policy Toward Pensions: Why Defined-Contribution Pensions Dominate Government-Insured Defined-Benefit Pensions AN - 60513275; 200820970 AB - The Employee Retirement Income Security Act of 1974 (ERISA) mandates government-sponsored insurance for all defined-benefit pensions in the United States. This paper argues that the purpose of ERISA's pension insurance, to reduce income uncertainty in retirement, would be better accomplished with defined-contribution pensions. Specifically, it is shown that: (i) funding statistics for defined-benefit pensions are based on an arbitrary theoretical full funding construct, (ii) accurately accessing the true risks posed by defined-benefit pensions would not be possible even if investment returns, labor turnover, and mortality were completely certain, and (iii) from the prospective of pension plan participants, any given fully funded defined-benefit pension is inferior to a feasible defined-contribution pension. JF - SSRN Working Paper Series AU - Mariger, Randall AD - Board of Governors of the Federal Reserve System Y1 - 1998/10/10/ PY - 1998 DA - 1998 Oct 10 PB - Social Science Research Network (SSRN), Rochester NY KW - Security KW - Finance KW - Pensions KW - Public Policy KW - Benefits KW - Retirement KW - 9261: public policy/administration; public policy KW - Security KW - Finance KW - Pensions KW - Public Policy KW - Benefits KW - Retirement KW - 9261: public policy/administration; public policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60513275?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awpsa&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=preprint&rft.jtitle=SSRN+Working+Paper+Series&rft.atitle=Public+Policy+Toward+Pensions%3A+Why+Defined-Contribution+Pensions+Dominate+Government-Insured+Defined-Benefit+Pensions&rft.au=Mariger%2C+Randall&rft.aulast=Mariger&rft.aufirst=Randall&rft.date=1998-10-10&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=SSRN+Working+Paper+Series&rft.issn=&rft_id=info:doi/ LA - English DB - Worldwide Political Science Abstracts N1 - Date revised - 2008-09-02 N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - On the inverse of the covariance matrix in portfolio analysis AN - 1282037493; 4391234 AB - The goal of this paper is the derivation and application of a direct characterization of the inverse of the covariance matrix central to portfolio analysis. Such a characterization, in terms of a few primitive constructs, provides the basis for new and illuminating expressions for key concepts as the optimal holding of a given risky asset and the slope of the risk-return efficiency frontier faced by the individual investor. The building blocks of the inverse turn out to be the regression coefficients and residual variance obtained by regressing the asset's excess return on the set of excess returns for all other risky assets. Reprinted by permission of Blackwell Publishing JF - Journal of finance AU - Stevens, Guy V.G. AD - US Board of Governors of the Federal Reserve System Y1 - 1998/10// PY - 1998 DA - Oct 1998 SP - 1821 EP - 1827 VL - 53 IS - 5 SN - 0022-1082, 0022-1082 KW - Economics KW - Investors KW - Assets KW - Portfolio analysis KW - Covariance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1282037493?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+finance&rft.atitle=On+the+inverse+of+the+covariance+matrix+in+portfolio+analysis&rft.au=Stevens%2C+Guy+V.G.&rft.aulast=Stevens&rft.aufirst=Guy&rft.date=1998-10-01&rft.volume=53&rft.issue=5&rft.spage=1821&rft.isbn=&rft.btitle=&rft.title=Journal+of+finance&rft.issn=00221082&rft_id=info:doi/10.1111%2F0022-1082.00074 LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 2977 13249 10214 12224 971; 9889 4913 3883 971; 6893 3874 556; 1348 9079 DO - http://dx.doi.org/10.1111/0022-1082.00074 ER - TY - JOUR T1 - Toward an "Internal Models" Capital Standard for Large Multinational Banking Companies-Part 2 of 2 AN - 17585206; 4437028 AB - Part 1 of this article provided an overview of the emerging difficulties with risk-based capital requirements (RBC) ratios and suggested some steps that may be necessary before regulators, and the industry, can effectively improve upon the existing structure of capital requirements. In this issue, the author outlines an "internal models" framework for satisfying regulatory capital standards and analyzes some of the important benefits and problems associated with such an approach. This article refers often to the most recent, extensive review on bank capital by Berger, Herring, and Szego (1995), which is recommended as background reading. JF - Journal of Lending & Credit Risk Management AU - Mingo, J J AD - Board of Governors, Federal Reserve System, Washington, DC, USA Y1 - 1998/07// PY - 1998 DA - Jul 1998 SP - 49 EP - 55 VL - 80 IS - 11 SN - 0021-986X, 0021-986X KW - risk based capital requirements KW - international business KW - Risk Abstracts KW - Government regulations KW - Management KW - Economics KW - International standardization KW - R2 23090:Policy and planning UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/17585206?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Lending+%26+Credit+Risk+Management&rft.atitle=Toward+an+%22Internal+Models%22+Capital+Standard+for+Large+Multinational+Banking+Companies-Part+2+of+2&rft.au=Mingo%2C+J+J&rft.aulast=Mingo&rft.aufirst=J&rft.date=1998-07-01&rft.volume=80&rft.issue=11&rft.spage=49&rft.isbn=&rft.btitle=&rft.title=Journal+of+Lending+%26+Credit+Risk+Management&rft.issn=0021986X&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2006-11-01 N1 - Last updated - 2011-12-13 N1 - SubjectsTermNotLitGenreText - International standardization; Government regulations; Economics; Management ER - TY - JOUR T1 - The international transmission of economic fluctuations: Effects of U.S. business cycles on the Canadian economy AN - 17092065; 4393440 AB - This paper suggests that for a wide class of international real-business-cycle models, including models with imperfect competition, the traditional channels of international transmission of business cycles through world-interest-rate and terms-of-trade variations cannot explain the cyclical response of the Canadian economy to innovations in U.S. output. Empirically testable quantitative models of the effects on Canadian economic activity of shocks to the U.S. economy are developed and their empirical relevance is tested by comparing impulse responses estimated from vector autoregressions to the quantitative predictions of the theoretical models. JF - Journal of International Economics AU - Schmitt-Grohe, S AD - Board of Governors of the Federal Reserve System, Washington, DC 20551, USA, sgrohe@frb.gov Y1 - 1998/04// PY - 1998 DA - Apr 1998 SP - 257 EP - 287 VL - 44 IS - 2 SN - 0022-1996, 0022-1996 KW - Canada KW - USA KW - business KW - models KW - Risk Abstracts KW - International trade KW - Economics KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/17092065?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+International+Economics&rft.atitle=The+international+transmission+of+economic+fluctuations%3A+Effects+of+U.S.+business+cycles+on+the+Canadian+economy&rft.au=Schmitt-Grohe%2C+S&rft.aulast=Schmitt-Grohe&rft.aufirst=S&rft.date=1998-04-01&rft.volume=44&rft.issue=2&rft.spage=257&rft.isbn=&rft.btitle=&rft.title=Journal+of+International+Economics&rft.issn=00221996&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2006-11-01 N1 - Last updated - 2011-12-13 N1 - SubjectsTermNotLitGenreText - Economics; International trade ER - TY - GEN T1 - Social Security Privatization: What It Can and Cannot Accomplish AN - 61756329; 200822526 AB - This paper assesses the effect of social security privatization on the government budget, economic efficiency, national saving, and the distribution of resources across generations. It is shown that the benefits of privatization most often touted by privatization advocates can be achieved by simply altering taxes and social security pensions and leaving the basic structure of social security unchanged. In the conclusion, two simple arguments are given for why privatization might be a good idea nonetheless. JF - SSRN Working Paper Series AU - Mariger, Randall AD - Board of Governors of the Federal Reserve System Y1 - 1997/11/24/ PY - 1997 DA - 1997 Nov 24 PB - Social Science Research Network (SSRN), Rochester NY KW - Privatization KW - Budgets KW - Government Spending KW - Social Security KW - 2143: social problems and social welfare; social gerontology KW - Privatization KW - Budgets KW - Government Spending KW - Social Security KW - 2143: social problems and social welfare; social gerontology UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/61756329?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=preprint&rft.jtitle=SSRN+Working+Paper+Series&rft.atitle=Social+Security+Privatization%3A+What+It+Can+and+Cannot+Accomplish&rft.au=Mariger%2C+Randall&rft.aulast=Mariger&rft.aufirst=Randall&rft.date=1997-11-24&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=SSRN+Working+Paper+Series&rft.issn=&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2008-09-02 N1 - Last updated - 2016-09-28 ER - TY - RPRT T1 - The Effects of Two-Year College on the Labor Market and Schooling Experiences of Young Men. Finance and Economics Discussion Series. AN - 62248540; ED457910 AB - This report from the Federal Reserve Board examines 12 years of data from the National Longitudinal Survey of Youth (NLSY) to examine: (1) the labor market returns to two-year college; (2) whether attendance at a two-year college helps students to transfer to a four-year college; and (3) whether reducing the costs of college would alter attendance by enough to affect wages or income. The author used a sample of 3,202 individuals and 31,632 person years from an original NLSY sample of 12,686 men and women between the ages of 14 and 21. The results from this study suggest that the labor market benefits of two-year college attendance are much larger than previously reported, and are realized very early in men's careers. Between 1967 and 1994, two-year college attendance increased from 21% of all college students to 40%. Two-year college attendance is estimated to raise wages and expected annual income. Students with one year of two-year credits are expected to earn 8.5% more than those with a high school diploma. The author also finds that reductions in tuition costs of $300 and $700 per year would raise college attendance and translate into moderate wage and earnings gains. (Contains tables, figures, and 29 references.) (NB) AU - Surette, Brian J. Y1 - 1997/06// PY - 1997 DA - June 1997 SP - 54 KW - National Longitudinal Survey of Youth KW - ERIC, Resources in Education (RIE) KW - Two Year Colleges KW - Males KW - Transfer Students KW - Employment KW - Longitudinal Studies KW - Tuition KW - Outcomes of Education KW - Transfer Rates (College) KW - Community Colleges KW - Labor Market KW - Student Costs KW - Education Work Relationship UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/62248540?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - JOUR T1 - Industrial production and capacity utilization for June 1996 AN - 38964752; 1566893 JF - Federal Reserve bulletin Y1 - 1996/08// PY - 1996 DA - Aug 1996 SP - 717 EP - 719 VL - 82 IS - 8 SN - 0014-9209, 0014-9209 KW - Economics KW - Industrial production KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38964752?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Industrial+production+and+capacity+utilization+for+June+1996&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1996-08-01&rft.volume=82&rft.issue=8&rft.spage=717&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 6397 10242 3872 554 971; 433 293 14 ER - TY - JOUR T1 - Monetary policy report to the Congress AN - 38951828; 1566892 JF - Federal Reserve bulletin Y1 - 1996/08// PY - 1996 DA - Aug 1996 SP - 701 EP - 716 VL - 82 IS - 8 SN - 0014-9209, 0014-9209 KW - Economics KW - Consumer prices KW - Prices KW - Gross national product KW - U.S.A. KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38951828?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Monetary+policy+report+to+the+Congress&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1996-08-01&rft.volume=82&rft.issue=8&rft.spage=701&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 8217 3977 5574 10472; 5628 8527; 10107; 2797 10107; 433 293 14 ER - TY - JOUR T1 - Statements to the Congress AN - 38945172; 1566894 JF - Federal Reserve bulletin Y1 - 1996/08// PY - 1996 DA - Aug 1996 SP - 720 EP - 276 VL - 82 IS - 8 SN - 0014-9209, 0014-9209 KW - Economics KW - Economic performance KW - U.S.A. KW - Banking UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38945172?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Statements+to+the+Congress&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1996-08-01&rft.volume=82&rft.issue=8&rft.spage=720&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 1470 1477 4930 6590 4908; 3974 9390; 433 293 14 ER - TY - BOOK T1 - Monetary policy objectives, 1996: summary report of the Federal Reserve Board, July 18, 1996 AN - 59732537; 1996-0910450 AB - Economic outlook, projections, and money and debt ranges, 1996-97. Includes testimony of Alan Greenspan, chairman, Federal Reserve Board. JF - Publication Services, Washington, DC 20551, 1996. 19 pp. Y1 - 1996///0, PY - 1996 DA - 0, 1996 SP - 19 PB - Publication Services, Washington, DC 20551 KW - Greenspan, Alan KW - United States -- Monetary policy KW - United States -- Economic development KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59732537?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1996-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives%2C+1996%3A+summary+report+of+the+Federal+Reserve+Board%2C+July+18%2C+1996&rft.title=Monetary+policy+objectives%2C+1996%3A+summary+report+of+the+Federal+Reserve+Board%2C+July+18%2C+1996&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Excess returns and risk at the long end of the treasury market: An EGARCH-M approach AN - 15776990; 3987294 AB - In this paper we model weekly excess returns of ten-year Treasury notes and long-term Treasury bonds from 1968 through 1993 using an exponential generalized autoregressive conditional heteroskedasticity in mean (EGARCH-M) approach. The results indicate the presence of conditional heteroskedasticity and a strong tendency for the ex-ante volatility of excess returns to increase more following negative excess return innovations compared with positive innovations of equal magnitude. In addition, increases in ex-ante volatility are associated in some subperiods with rising excess returns on longer-term instruments, although the slope of the yield curve and lagged excess returns generally remain significant predictors of excess returns. JF - Journal of Financial Research AU - Brunner, AD AU - Simon, D P AD - Board Governors Federal Reserve System, Washington, DC, USA Y1 - 1996 PY - 1996 DA - 1996 SP - 443 EP - 457 VL - 19 IS - 3 SN - 0270-2592, 0270-2592 KW - uncertainty KW - finance KW - return on investment KW - Treasury market KW - Risk Abstracts KW - economics KW - R2 23070:Economics, organization UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/15776990?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ariskabstracts&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Financial+Research&rft.atitle=Excess+returns+and+risk+at+the+long+end+of+the+treasury+market%3A+An+EGARCH-M+approach&rft.au=Brunner%2C+AD%3BSimon%2C+D+P&rft.aulast=Brunner&rft.aufirst=AD&rft.date=1996-01-01&rft.volume=19&rft.issue=3&rft.spage=443&rft.isbn=&rft.btitle=&rft.title=Journal+of+Financial+Research&rft.issn=02702592&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Date revised - 2006-11-01 N1 - Last updated - 2011-12-13 N1 - SubjectsTermNotLitGenreText - economics ER - TY - JOUR T1 - Minutes of the Federal Open Market Committee meeting AN - 839022883; 1510495 JF - Federal Reserve bulletin Y1 - 1995/05// PY - 1995 DA - May 1995 SP - 437 EP - 449 VL - 81 IS - 5 SN - 0014-9209, 0014-9209 KW - Economics KW - Financial policy KW - Economic policy KW - U.S.A. KW - Economic conditions UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/839022883?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Minutes+of+the+Federal+Open+Market+Committee+meeting&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1995-05-01&rft.volume=81&rft.issue=5&rft.spage=437&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 N1 - SubjectsTermNotLitGenreText - 3977 5574 10472; 3898; 4945 5001 3977 5574 10472; 433 293 14 ER - TY - BOOK T1 - Monetary policy objectives, 1995: summary report of the Federal Reserve Board, July 19, 1995 AN - 59691785; 1995-1003060 AB - Economic outlook, projections, and money and debt ranges, 1995-96. Includes testimony of Alan Greenspan, chairman, Federal Reserve Board. JF - Washington, DC 20551, 1995. 17 pp. Y1 - 1995///0, PY - 1995 DA - 0, 1995 SP - 17 PB - Washington, DC 20551 KW - Greenspan, Alan KW - United States -- Monetary policy KW - United States -- Economic development KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59691785?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1995-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives%2C+1995%3A+summary+report+of+the+Federal+Reserve+Board%2C+July+19%2C+1995&rft.title=Monetary+policy+objectives%2C+1995%3A+summary+report+of+the+Federal+Reserve+Board%2C+July+19%2C+1995&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary policy objectives, 1995: summary report of the Federal Reserve Board, February 22, 1995 AN - 59689844; 1995-0506080 AB - Highlights of the Board's Report to the Congress on the Full Employment and Balanced Growth Act of 1978. Includes testimony of Alan Greenspan, chairman, Federal Reserve Board. JF - Washington, DC 20551, 1995. 21 pp. Y1 - 1995///0, PY - 1995 DA - 0, 1995 SP - 21 PB - Washington, DC 20551 KW - Greenspan, Alan KW - United States -- Monetary policy KW - United States -- Economic development KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59689844?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1995-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives%2C+1995%3A+summary+report+of+the+Federal+Reserve+Board%2C+February+22%2C+1995&rft.title=Monetary+policy+objectives%2C+1995%3A+summary+report+of+the+Federal+Reserve+Board%2C+February+22%2C+1995&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Fiscal Policy Coordination and Flexibility under European Monetary Union: Implications for Macroeconomic Stabilization AN - 1761701436; 199500609 AB - Some writers have proposed that under European Monetary Union (EMU), fiscal policies should be coordinated to reduce the degree of fiscal activism required for macroeconomic stabilization. Here, it is shown that, in theory, fiscal policy coordination may indeed lower the degree of fiscal flexiblity needed to stabilize a common supply shock. However, fiscal policy coordination may raise the degree of fiscal flexibility needed to stabilize an asymmetric demand shock. These theoretical findings are supported by simulations performed with the multicountry model of the Federal Reserve Board. Results suggest that fiscal policy coordination under EMU may require more, rather than less, fiscal activism. 8 Tables, 2 Appendixes, 17 References. Adapted from the source document. JF - Journal of Policy Modeling AU - Bryson, Jay H AD - Board Governors Federal Reserve System Division International Finance, Washington DC 20551 Y1 - 1994/12// PY - 1994 DA - December 1994 SP - 541 EP - 557 VL - 16 IS - 6 SN - 0161-8938, 0161-8938 KW - European Monetary Union, fiscal policy coordination/flexibility, macroeconomic stabilization implications KW - Fiscal Policy KW - European Economic Community KW - article KW - 7210: social policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1761701436?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocialservices&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+Policy+Modeling&rft.atitle=Fiscal+Policy+Coordination+and+Flexibility+under+European+Monetary+Union%3A+Implications+for+Macroeconomic+Stabilization&rft.au=Bryson%2C+Jay+H&rft.aulast=Bryson&rft.aufirst=Jay&rft.date=1994-12-01&rft.volume=16&rft.issue=6&rft.spage=541&rft.isbn=&rft.btitle=&rft.title=Journal+of+Policy+Modeling&rft.issn=01618938&rft_id=info:doi/ LA - English DB - Social Services Abstracts N1 - Date revised - 2016-02-01 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - European Economic Community; Fiscal Policy ER - TY - BOOK T1 - Annual statistical digest, 1993 AN - 59714823; 1996-0102010 AB - Intended as a compact source of economic and financial data for use in assembling time series; serves as a single source of historical continuations of statistics carried regularly in the US Federal Reserve Bulletin. JF - Publication Services, Washington, DC 20551, November 1994. 281 pp. Y1 - 1994/11// PY - 1994 DA - November 1994 SP - 281 PB - Publication Services, Washington, DC 20551 KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Federal reserve system -- Statistics KW - United States -- Banking sector UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59714823?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1994-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Annual+statistical+digest%2C+1993&rft.title=Annual+statistical+digest%2C+1993&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Washington, DC 20551 pa $25 N1 - Document feature - table(s), index(es) N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Statements to the Congress AN - 38598551; 1366168 JF - Federal Reserve bulletin AU - LaWare, John P AU - Lindsey, Lawrence B AU - Greenspan, Alan Y1 - 1994/04// PY - 1994 DA - Apr 1994 SP - 285 EP - 306 VL - 80 IS - 4 SN - 0014-9209, 0014-9209 KW - Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38598551?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aibss&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Federal+Reserve+bulletin&rft.atitle=Statements+to+the+Congress&rft.au=LaWare%2C+John+P%3BLindsey%2C+Lawrence+B%3BGreenspan%2C+Alan&rft.aulast=LaWare&rft.aufirst=John&rft.date=1994-04-01&rft.volume=80&rft.issue=4&rft.spage=285&rft.isbn=&rft.btitle=&rft.title=Federal+Reserve+bulletin&rft.issn=00149209&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Annual statistical digest, 1992 AN - 59641479; 1994-0403241 AB - Intended as a compact source of economic and financial data for use in assembling time series; serves as a single source of historical continuations of statistics carried regularly in the US Federal Reserve Bulletin. JF - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551, December 1993. 215 pp. Y1 - 1993/12// PY - 1993 DA - December 1993 SP - 215 PB - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Federal reserve system -- Statistics KW - United States -- Banking sector UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59641479?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1993-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Annual+statistical+digest%2C+1992&rft.title=Annual+statistical+digest%2C+1992&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 pa $25 N1 - Document feature - table(s), index(es) N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Does Migration Arbitrage Regional Labor Market Differentials? AN - 61337132; 9306325 AB - Determinants of regional migration within the US in the 1980s are examined through econometric analysis of data from the Internal Revenue Service & the Current Population Survey for 9 census divisions in 1986/87. A place-to-place migration model in which migration flows depend on the relative economic opportunities in the origin & destination regions is used. Results suggest that unemployment & wage rate differentials were an impetus to migration in the 1980s. Movers gave more emphasis to local labor market conditions than to destination labor market conditions. Housing cost differential acted to limit inmigration. Estimates of the employment status of movers suggest that the true effects of migration on unemployment differentials may be quite small. 7 Tables, 2 Figures, 13 References. Adapted from the source document. JF - Regional Science and Urban Economics AU - Gabriel, Stuart A AU - Shack-Marquez, Janice AU - Wascher, William L AD - c/o Wascher -- Board Governors Federal Reserve System, Washington DC 20551 Y1 - 1993/04// PY - 1993 DA - April 1993 SP - 211 EP - 233 VL - 23 IS - 2 SN - 0166-0462, 0166-0462 KW - regional migration determinants, US KW - Internal Revenue Service data, Current Population Survey KW - Housing Costs KW - United States of America KW - Labor Market KW - Regional Differences KW - Migration KW - article KW - 1837: demography and human biology; demography (population studies) UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/61337132?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Regional+Science+and+Urban+Economics&rft.atitle=Does+Migration+Arbitrage+Regional+Labor+Market+Differentials%3F&rft.au=Gabriel%2C+Stuart+A%3BShack-Marquez%2C+Janice%3BWascher%2C+William+L&rft.aulast=Gabriel&rft.aufirst=Stuart&rft.date=1993-04-01&rft.volume=23&rft.issue=2&rft.spage=211&rft.isbn=&rft.btitle=&rft.title=Regional+Science+and+Urban+Economics&rft.issn=01660462&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - CODEN - RGUEA3 N1 - SubjectsTermNotLitGenreText - Migration; United States of America; Regional Differences; Labor Market; Housing Costs ER - TY - BOOK T1 - Monetary policy objectives, 1993: summary report, February 19, 1993 AN - 59618721; 1993-0503316 AB - Highlights of the Board's Review to the Congress on the Full Employment and Balanced Growth Act of 1978. JF - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551, 1993. 30 pp. Y1 - 1993///0, PY - 1993 DA - 0, 1993 SP - 30 PB - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 KW - United States -- Monetary policy KW - United States -- Economic development UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59618721?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1993-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives%2C+1993%3A+summary+report%2C+February+19%2C+1993&rft.title=Monetary+policy+objectives%2C+1993%3A+summary+report%2C+February+19%2C+1993&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary policy objectives, 1992: summary report, February 19, 1992 AN - 59593760; 1992-0412602 AB - Highlights of the Board's Review to the Congress on the Full Employment and Balanced Growth Act of 1978. JF - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551, 1992. 24 pp. Y1 - 1992///0, PY - 1992 DA - 0, 1992 SP - 24 PB - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 KW - United States -- Monetary policy KW - United States -- Economic development UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59593760?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1992-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives%2C+1992%3A+summary+report%2C+February+19%2C+1992&rft.title=Monetary+policy+objectives%2C+1992%3A+summary+report%2C+February+19%2C+1992&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary policy objectives, 1991: summary report, February 20, 1991 AN - 59542483; 1991-0612856 AB - Highlights of the Board's Review to the Congress on the Full Employment and Balanced Growth Act of 1978. Accompanied by an 8-page supplement containing the testimony of the Board's Chairman Alan Greenspan. JF - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551, 1991. 18 pp. Y1 - 1991///0, PY - 1991 DA - 0, 1991 SP - 18 PB - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 KW - United States -- Monetary policy KW - United States -- Economic development UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59542483?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1991-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives%2C+1991%3A+summary+report%2C+February+20%2C+1991&rft.title=Monetary+policy+objectives%2C+1991%3A+summary+report%2C+February+20%2C+1991&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - International capital mobility - direct evidence from long-term currency swaps T2 - International finance discussion papers AN - 839267041; 1140599 JF - International capital mobility - direct evidence from long-term currency swaps AU - Popper, Helen Y1 - 1990 PY - 1990 DA - 1990 SP - 24 PB - Board of Governors of the Federal Reserve System UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/839267041?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Popper%2C+Helen&rft.aulast=Popper&rft.aufirst=Helen&rft.date=1990-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=International+capital+mobility+-+direct+evidence+from+long-term+currency+swaps&rft.title=International+capital+mobility+-+direct+evidence+from+long-term+currency+swaps&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Estimating pass-through - structure and stabililty T2 - International finance discussion papers AN - 37361431; 1140602 JF - Estimating pass-through - structure and stabililty AU - Melick, William R Y1 - 1990 PY - 1990 DA - 1990 SP - 37 PB - Board of Governors of the Federal Reserve System UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37361431?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Melick%2C+William+R&rft.aulast=Melick&rft.aufirst=William&rft.date=1990-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Estimating+pass-through+-+structure+and+stabililty&rft.title=Estimating+pass-through+-+structure+and+stabililty&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Is national treatment still viable? U.S policy in theory and practice T2 - International finance discussion papers AN - 37358428; 1140596 JF - Is national treatment still viable? U.S policy in theory and practice AU - Key, Sydney J Y1 - 1990 PY - 1990 DA - 1990 SP - 50 PB - Board of Governors of the Federal Reserve System UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37358428?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Key%2C+Sydney+J&rft.aulast=Key&rft.aufirst=Sydney&rft.date=1990-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Is+national+treatment+still+viable%3F+U.S+policy+in+theory+and+practice&rft.title=Is+national+treatment+still+viable%3F+U.S+policy+in+theory+and+practice&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Annual statistical digest, 1988 AN - 59533019; 1990-1005985 AB - Intended as a compact source of economic and financial data, for use in assembling time series; serves as a single source of historical continuations of the statistics carried regularly in the Federal Reserve Bulletin. JF - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551, November 1989. 247 pp. Y1 - 1989/11// PY - 1989 DA - November 1989 SP - 247 PB - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Federal reserve system -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59533019?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1989-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Annual+statistical+digest%2C+1988&rft.title=Annual+statistical+digest%2C+1988&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 pa $25 N1 - Document feature - table(s), index(es) N1 - Last updated - 2016-09-28 ER - TY - NEWS T1 - Availability of Funds and Collection of Checks; Regulation J Collection of Checks and Other Items and Wire Transfers of Funds AN - 292811959 AB - Availability schedules. The proposed regulation reflects the availability schedules provided in the Act. Thus, deposits of cash and electronic payments, as well as certain checks deposits, including Treasury checks, state and local government checks, and depository checks, must be made available for withdrawal on the next business day. Longer schedules are provided for other checks, based on whether the checks are local or nonlocal. The following charts depict the schedules for these checks. The Board proposes that: (1) the application of the schedules to certain categories of checks be clarified; (2) the schedules for certain nonlocal checks be shortened; (3) the holds that can be placed on deposits subject to an exception provided in the Act be limited; and (4) the effect of this regulation on depositors' rights to withdraw cash be clarified. Under the current check collection system, many checks that are returned would not be received by the depositary bank until after the time funds must be available under the temporary schedules in the Act. The number of returned checks that do not reach the depositary bank before funds must be made available under the Act will increase with the implementation of the permanent schedules in 1990. Currently, according to a study by the Bank Administration Institute (BAI), the average time for a check to be collected and returned is 6.8 calendar days. Approximately 40 percent of returned checks take seven days or longer to complete the collection and return cycle and 15 percent take 10 days or longer. (Return Items Study, Final Report, prepared for the Bank Administration Institute by J. D. Carreker and Associates, Inc. (May 1985) "BAI STUDY") Under the temporary schedules, the proceeds of local checks must be available for withdrawal on or before the third business day after deposit and the proceeds of nonlocal checks must be available for withdrawal on or before the seventh business day after deposit. Under the permanent schedule, proceeds of local checks must be available for withdrawal on or before the second business day after deposit and proceeds of nonlocal checks must be available for withdrawal on or before the fifth business day after deposit. Approximately one-third of the checks handled by the Federal Reserve Banks would be considered nonlocal under the Act. Currently, the Federal Reserve does not explicitly price returned checks; instead, the costs of handling returns are incorporated in the Reserve Banks' forward collection fees. The Board is proposing to price returns explicitly, imposing returned check fees on the paying or returning bank depositing returns with the Federal Reserve. Under this proposal, return costs cannot be recovered through the Reserve Banks' forward collection fees as they are today, since some returned checks handled by the Federal Reserve will not follow the same route that they followed in the process of collection, and thus may not be subject to the Reserve Banks' forward collection fees. In addition, paying and returning banks could deposit returned checks with the Federal Reserve in various ways that result in different costs being incurred by the Reserve Bank. For example, automated returns would be less expensive for the Federal Reserve to handle than nonautomated returns. Reserve Banks would initially charge a fee for returned checks that have been prepared for automated Processing similar to that charged for similar checks handled in forward collection. A higher fee would be charged for "raw" returns that require manual processing. The Board estimates that the charge for returned checks that require manual processing will range from $0.25 to $1.00. JF - American Banker (pre-1997 Fulltext) AU - Federal Reserve System Y1 - 1987/12/31/ PY - 1987 DA - 1987 Dec 31 CY - New York, N.Y. IS - 255 SN - 00027561 KW - Business And Economics--Banking And Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/292811959?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aaccounting&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=American+Banker+%28pre-1997+Fulltext%29&rft.atitle=Availability+of+Funds+and+Collection+of+Checks%3B+Regulation+J+Collection+of+Checks+and+Other+Items+and+Wire+Transfers+of+Funds&rft.au=Federal+Reserve+System&rft.aulast=Federal+Reserve+System&rft.aufirst=&rft.date=1987-12-31&rft.volume=152&rft.issue=255&rft.spage=p&rft.isbn=&rft.btitle=&rft.title=American+Banker+%28pre-1997+Fulltext%29&rft.issn=00027561&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - (Copyright American Banker Inc. - Bond Buyer 1987) N1 - Last updated - 2010-06-16 ER - TY - NEWS T1 - BUSINESS FORUM; STABILIZING THE CURRENCY: Peg the Dollar's Value to Commodities AN - 426687602 AB - Instead of a classical gold standard, the use of a broad-based commodity basket as a reference point for the conduct of monetary policy may provide a suitable anchor for the international monetary system. Such a commodity basket might incorporate all major traded commodities in accordance with their relative importance in the world economy. Weights could be assigned on the basis of global production or world trade and could include all commodities accounting for more than, say, 1 percent of world production or trade. The weight for gold could reflect its significance in international trade and financial markets. Along with other indicators of national economic performance, such as growth rates, general price and money supply changes, budget, trade and current account imbalances, interest rates and exchange rates, such a commodity basket may be a useful in the process of monetary policy formulation. If the price of the international commodity basket were to rise, monetary policy might be tightened by raising interest rates or using other measures designed to reduce monetary growth. A more expansionary policy thrust might be adopted if commodity prices were to fall. Instead, the commodity price indicator will send appropriate signals to all countries at the same time. Countries that are inflating too rapidly will get the signal to pursue a tighter monetary policy. At the same time, those countries that experience falling commodity prices will get the signal to expand. Domestic price levels will become more stable, and consequently the exchange rates among the various currencies will stabilize. JF - New York Times AU - Heller, Robert AU - Robert Heller is a member of the Board of Governors of the Federal Reserve System. ET - Late Edition (East Coast) Y1 - 1987/12/27/ PY - 1987 DA - 1987 Dec 27 CY - New York, N.Y. SN - 03624331 KW - General Interest Periodicals--United States KW - CURRENCY KW - INTERNATIONAL MONETARY SYSTEM KW - COMMODITIES KW - Baker, James A III KW - HELLER, H ROBERT UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/426687602?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Anytimes&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=New+York+Times&rft.atitle=BUSINESS+FORUM%3B+STABILIZING+THE+CURRENCY%3A+Peg+the+Dollar%27s+Value+to+Commodities&rft.au=Heller%2C+Robert%3BRobert+Heller+is+a+member+of+the+Board+of+Governors+of+the+Federal+Reserve+System.&rft.aulast=Heller&rft.aufirst=Robert&rft.date=1987-12-27&rft.volume=&rft.issue=&rft.spage=A.3&rft.isbn=&rft.btitle=&rft.title=New+York+Times&rft.issn=03624331&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Name - FEDERAL RESERVE SYSTEM N1 - Copyright - Copyright New York Times Company Dec 27, 1987 N1 - People - Baker, James A III; HELLER, H ROBERT N1 - Last updated - 2010-06-29 N1 - CODEN - NYTIAO ER - TY - BOOK T1 - Annual statistical digest, 1985 AN - 59441845; 1988-0105892 AB - Intended as a compact source of economic and financial data, for use in assembling time series; serves as a single source of historical continuations of the statistics carried regularly in the Federal Reserve Bulletin. JF - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551, October 1986. 231 pp. Y1 - 1986/10// PY - 1986 DA - October 1986 SP - 231 PB - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Federal reserve system -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59441845?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1986-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Annual+statistical+digest%2C+1985&rft.title=Annual+statistical+digest%2C+1985&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication Services, Board of Governors, Federal Reserve System, Washington, DC 20551 pa $15 N1 - Document feature - table(s), index(es) N1 - Last updated - 2016-09-28 ER - TY - NEWS T1 - WHY DON'T OUR LEADERS LEAD? AN - 290906380 AB - The American economy is on an unsustainable course. The federal budget is out of control. Partly because of the budget deficit, the dollar is excessively strong in exchange markets and the United States is running a large and still increasing deficit in the current account of its balance of payments. Net debt to the rest of the world is growing explosively. The latest episode in this higgledy-piggledy story is the snafu over the debt limit and the Gramm-Rudman legislation. Even the House Democratic version of the Gramm-Rudman idea, though less bad than the original Senate version, is a confidence trick: This President and this Congress mandate that a president and Congress in the future will somehow--if necessary, mechanically and inefficiently--do what President Reagan and Congress do not have the courage and wit to do now. JF - Chicago Tribune (pre-1997 Fulltext) AU - Ralph C Bryant Ralph C Bryant is a senior fellow of the Brookings Institution, specializing in economic studies, and former director of the International Finance Division of the Federal Reserve System Y1 - 1985/12/04/ PY - 1985 DA - 1985 Dec 04 SP - 23 CY - Chicago, Ill. SN - 10856706 KW - General Interest Periodicals--United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/290906380?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Achicagotribune&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=Chicago+Tribune+%28pre-1997+Fulltext%29&rft.atitle=WHY+DON%27T+OUR+LEADERS+LEAD%3F%3A+%5BSPORTS+FINAL%2C+C+EDITION%5D&rft.au=Ralph+C+Bryant+Ralph+C+Bryant+is+a+senior+fellow+of+the+Brookings+Institution%2C+specializing+in+economic+studies%2C+and+former+director+of+the+International+Finance+Division+of+the+Federal+Reserve+System&rft.aulast=Ralph+C+Bryant+Ralph+C+Bryant+is+a+senior+fellow+of+the+Brookings+Institution&rft.aufirst=specializing+in+economic&rft.date=1985-12-04&rft.volume=&rft.issue=&rft.spage=23&rft.isbn=&rft.btitle=&rft.title=Chicago+Tribune+%28pre-1997+Fulltext%29&rft.issn=10856706&rft_id=info:doi/ LA - English DB - ProQuest Central N1 - Copyright - Copyright Chicago Tribune Co. Dec 4, 1985 N1 - Last updated - 2011-10-18 ER - TY - GEN T1 - Instructional Materials of the Federal Reserve System: Elementary, High School, College. AN - 63212469; ED273538 AB - This guide lists teaching packages, audiovisual materials, and resource materials produced and published by the Federal Reserve System that are specifically designed for teachers and can be adapted easily to classroom use. Materials are listed by intended audience level: elementary, high school, or college. Materials cited are ordered directly from the publishers and except where noted, multiple copies of all publications are available. Federal Reserve Banks also offer other educational services including tours and workshops. To assist the teacher in determining which Federal Reserve Bank services a particular region, a map outlining each Reserve District and a list of mailing addresses and telephone numbers have been included. (BZ) Y1 - 1985 PY - 1985 DA - 1985 SP - 20 KW - Federal Reserve System KW - ERIC, Resources in Education (RIE) KW - Teachers KW - Practitioners KW - Monetary Systems KW - Instructional Materials KW - Credit (Finance) KW - Money Management KW - Economics KW - Elementary Secondary Education KW - Higher Education KW - Financial Services KW - Banking KW - Annotated Bibliographies KW - Monetary Systems KW - Instructional Materials KW - Credit (Finance) KW - Money Management KW - Economics KW - Elementary Secondary Education KW - Higher Education KW - Financial Services KW - Banking KW - Annotated Bibliographies UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63212469?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Postwar financial policies in Taiwan, China T2 - Internat. fin. discussion pas. no. 252 AN - 59363621; 1985-1203605 JF - Washington, DC 20551, December 1984. 26 pp. AU - Emery, Robert F Y1 - 1984/12// PY - 1984 DA - December 1984 SP - 26 PB - Washington, DC 20551 KW - Taiwan -- Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59363621?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Emery%2C+Robert+F&rft.aulast=Emery&rft.aufirst=Robert&rft.date=1984-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Postwar+financial+policies+in+Taiwan%2C+China&rft.title=Postwar+financial+policies+in+Taiwan%2C+China&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 Free N1 - Document feature - bibl(s), table(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary policy report to Congress, February 7, 1984 AN - 59327503; 1984-1502950 AB - Also printed (without charts) in: Federal Reserve Bul 70:69-86 F '84. An 11-page summary report entitled, "Monetary policy objectives for 1984," is also available. JF - Publications Services, MS-138, Federal Reserve Board, Washington, DC 20551, 1984. 35+ pp. Y1 - 1984///0, PY - 1984 DA - 0, 1984 EP - 35+ PB - Publications Services, MS-138, Federal Reserve Board, Washington, DC 20551 KW - Federal reserve system -- Credit policy KW - United States -- Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59327503?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1984-01-01&rft.volume=&rft.issue=&rft.spage=35%2B&rft.isbn=&rft.btitle=Monetary+policy+report+to+Congress%2C+February+7%2C+1984&rft.title=Monetary+policy+report+to+Congress%2C+February+7%2C+1984&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications Services, MS-138, Federal Reserve Board, Washington, DC 20551 Free N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - International banking facilities and the Eurodollar market [conference paper] T2 - Staff studies 124 AN - 59302151; 1984-0604448 AB - Summary printed in: Federal Reserve Bul 69:591 Ag '83. JF - Washington, DC 20551, August 1983. 14 pp. AU - Terrell, Henry S AU - Mills, Rodney H Y1 - 1983/08// PY - 1983 DA - August 1983 SP - 14 PB - Washington, DC 20551 KW - International banking KW - Eurodollar market UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59302151?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Terrell%2C+Henry+S%3BMills%2C+Rodney+H&rft.aulast=Terrell&rft.aufirst=Henry&rft.date=1983-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=International+banking+facilities+and+the+Eurodollar+market&rft.title=International+banking+facilities+and+the+Eurodollar+market&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 N1 - Document feature - bibl(s), table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - GEN T1 - Fair Credit Billing. AN - 63413627; ED235074 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet explains how to resolve a billing dispute in a way that protects the customer's credit rating and legal rights. The pamphlet focuses on specific requirements of the Fair Credit Billing law and presents the following: (1) six legal criteria for challenging the purchase or the price of an item that appears on a billing; (2) the legal obligations of the creditor and five steps the customer can follow in case of billing errors; (3) the legal prohibition against creditors giving out information that might damage the customer's credit rating once the customer has given written notice of a possible error; (4) the provision for the withholding of payment of any balance due on defective merchandise or services; and (5) penalties mandated for creditors who fail to comply with the Fair Credit Billing Law. The final section presents a list of names and locations of federal enforcement agencies which deal with questions concerning particular creditors. (LH) Y1 - 1983/06// PY - 1983 DA - June 1983 SP - 5 KW - Fair Credit Billing Act KW - Credit Ratings KW - PF Project KW - Legal Information KW - ERIC, Resources in Education (RIE) KW - Community KW - Credit (Finance) KW - Legal Problems KW - Federal Legislation KW - High Schools KW - Consumer Education KW - Consumer Protection KW - Compliance (Legal) KW - Consumer Economics KW - Legal Responsibility KW - Laws KW - Economics Education UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63413627?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Trends affecting and exhibited by commercial banks in agricultural areas [symposium presentation] AN - 59317959; 1984-1104312 JF - Washington, DC 20551, May 19 1983. 26 pp. AU - Melichar, Emanuel Y1 - 1983/05/19/ PY - 1983 DA - 1983 May 19 SP - 26 PB - Washington, DC 20551 KW - Agricultural credit KW - Banking -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59317959?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Melichar%2C+Emanuel&rft.aulast=Melichar&rft.aufirst=Emanuel&rft.date=1983-05-19&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Trends+affecting+and+exhibited+by+commercial+banks+in+agricultural+areas&rft.title=Trends+affecting+and+exhibited+by+commercial+banks+in+agricultural+areas&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551; (mim.) N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Financial transactions within bank holding companies T2 - Staff studies 123 AN - 59295307; 1984-0200745 AB - Summary printed in: Federal Reserve Bul 69:333-4 My '83. Explores extensions of credit and transfers of assets between holding company banks and their nonbank affiliates. JF - Washington, DC 20551, May 1983. 11 pp. AU - Rose, John T AU - Talley, Samuel H Y1 - 1983/05// PY - 1983 DA - May 1983 SP - 11 PB - Washington, DC 20551 KW - Banking -- Holding companies UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59295307?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rose%2C+John+T%3BTalley%2C+Samuel+H&rft.aulast=Rose&rft.aufirst=John&rft.date=1983-05-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Financial+transactions+within+bank+holding+companies&rft.title=Financial+transactions+within+bank+holding+companies&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - GEN T1 - Truth in Leasing. AN - 63413672; ED235072 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet discusses the Consumer Leasing Act. The act requires leasing companies to inform consumers of the costs and terms of their contracts, limits any extra payments at the end of a lease, and regulates lease advertising. The pamphlet focuses on personal property leased by an individual for a period of more than four months for personal, family, or household use. General rules for leasing are presented: (1) the law does not cover daily car rentals, apartment or house leases, or business property leases; (2) customers must receive a written statement of all costs involved; (3) customers must be told certain terms of the lease; (4) customers must be told if they may have balloon payments and how they are calculated; (5) customers may obtain an estimate of the property's worth from an independent appraiser; and (6) balloon payments in an open-end lease are limited to no more than three times the average monthly payment. Also included is a look at shopping suggestions, advertising regulations, and penalties for violators. The final section presents a list of names and locations of federal enforcement agencies which deal with questions concerning leasing. (LH) Y1 - 1983/02// PY - 1983 DA - February 1983 SP - 5 KW - Legal Information KW - Leasing KW - Consumer Leasing Act KW - Truth in Leasing KW - PF Project KW - Lease Purchase Agreements KW - ERIC, Resources in Education (RIE) KW - Community KW - Legal Problems KW - Consumer Education KW - Consumer Protection KW - Advertising KW - Legal Responsibility KW - Laws KW - Economics Education KW - Federal Legislation KW - High Schools KW - Cost Estimates KW - Compliance (Legal) KW - Consumer Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63413672?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Bank capital trends and financing T2 - Staff studies 122 AN - 59268921; 1983-2000854 AB - Summary printed in: Federal Reserve Bul 69:71-2 F '83. JF - Publications Services, Board of Governors of the Federal Reserve System, Washington, DC 20551, February 1983. 19 pp. AU - Talley, Samuel H Y1 - 1983/02// PY - 1983 DA - February 1983 SP - 19 PB - Publications Services, Board of Governors of the Federal Reserve System, Washington, DC 20551 KW - Banking -- Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59268921?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Talley%2C+Samuel+H&rft.aulast=Talley&rft.aufirst=Samuel&rft.date=1983-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Bank+capital+trends+and+financing&rft.title=Bank+capital+trends+and+financing&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications Services, Board of Governors of the Federal Reserve System, Washington, DC 20551 N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Historical chart book, 1983 AN - 59300765; 1984-0706292 AB - Supplement to the Federal Reserve Chart Book; also contains long-range financial and business series not included in the monthly book. JF - Washington, DC 20551, 1983. 125 pp. Y1 - 1983///0, PY - 1983 DA - 0, 1983 SP - 125 PB - Washington, DC 20551 KW - United States -- Economic conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59300765?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1983-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1983&rft.title=Historical+chart+book%2C+1983&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 (20 x 26 cm.) pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., U.S. possessions, Can., and Mex. $1.25; elsewhere $1.50 N1 - Document feature - chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Functional cost analysis: 1982 average banks; based on data furnished by 608 participating banks in twelve Federal Reserve districts AN - 59299545; 1984-0806030 JF - 20th St. and Constitution Av., N.W., Washington, DC 20551, 1983. iii+50+50 pp. Y1 - 1983///0, PY - 1983 DA - 0, 1983 EP - iii+50+50 PB - 20th St. and Constitution Av., N.W., Washington, DC 20551 KW - Banking -- United States -- Statistics KW - Banking -- Costs -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59299545?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1983-01-01&rft.volume=&rft.issue=&rft.spage=iii%2B50%2B50&rft.isbn=&rft.btitle=Functional+cost+analysis%3A+1982+average+banks%3B+based+on+data+furnished+by+608+participating+banks+in+twelve+Federal+Reserve+districts&rft.title=Functional+cost+analysis%3A+1982+average+banks%3B+based+on+data+furnished+by+608+participating+banks+in+twelve+Federal+Reserve+districts&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - 20th St. and Constitution Av., N.W., Washington, DC 20551 pa N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - GEN T1 - Federal Reserve Glos'sa-ry. AN - 63405891; ED235067 AB - Designed for the general public and possibly suitable also for high school economics students, this booklet briefly explains the terminology associated with general economic concepts about banking and the Federal Reserve System. Part 1 deals with financial regulators and institutions, including nondeposit intermediaries and depository intermediaries. Part 2 presents terms related to monetary policy, particularly those dealing with open market policy, discount policy, and reserve requirements. Part 3 deals with the nation's payments mechanism and includes terminology related to the distribution of currency and coin, check processing, wire transfer of funds, and the operation of automated clearinghouses that transfer funds electronically among depository institutions. The terms in Part 4 describe foreign banking transactions and institutions. Over 30 terms dealing with consumer credit, such as annual percentage rate, open-end credit, balloon payment, buydown, amortization, fixed rate, graduated payment, and negative amortization are described in the final section. (LH) Y1 - 1982/11// PY - 1982 DA - November 1982 SP - 30 KW - PF Project KW - Finance KW - Electronic Funds Transfer KW - Federal Reserve System KW - ERIC, Resources in Education (RIE) KW - Community KW - Monetary Systems KW - Credit (Finance) KW - Money Management KW - Foreign Countries KW - High Schools KW - Glossaries KW - Financial Services KW - Consumer Economics KW - Banking KW - Economics Education KW - International Trade KW - Monetary Systems KW - Credit (Finance) KW - Money Management KW - Foreign Countries KW - High Schools KW - Glossaries KW - Financial Services KW - Consumer Economics KW - Banking KW - Economics Education KW - International Trade UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63405891?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - GEN T1 - The Equal Credit Opportunity Act . . . and Age. AN - 63404193; ED235065 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet describes the provisions of the Equal Credit Opportunity Act. The act prevents age from being used as the basis to deny or decrease credit to those who otherwise qualify. The pamphlet presents general rules for rating an applicant: (1) a creditor may not refuse to consider retirement income when rating a credit application; (2) a creditor may not require the reapplication for or closing of an account upon reaching a certain age or retirement; (3) a creditor may not deny credit or close an account because credit-related insurance at certain ages is unavailable; and (4) a consumer 62 or older must be given at least as many points for age as any person under 62. Special considerations are noted, such as the law permitting creditors to consider information related to age that has a clear bearing on the person's ability and willingness to repay debt. The legal obligations of the creditor in the event that credit is denied are briefly described. The final section presents a list of names and locations of federal enforcement agencies which deal with questions concerning fair credit laws. (LH) Y1 - 1982/10// PY - 1982 DA - October 1982 SP - 5 KW - Equal Credit Opportunity Act KW - Credit Ratings KW - PF Project KW - Legal Information KW - ERIC, Resources in Education (RIE) KW - Community KW - Credit (Finance) KW - Legal Problems KW - Consumer Education KW - Consumer Protection KW - Legal Responsibility KW - Laws KW - Economics Education KW - Federal Legislation KW - Age Discrimination KW - High Schools KW - Compliance (Legal) KW - Consumer Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63404193?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Annual statistical digest, 1981 AN - 59274344; 1983-2402250 JF - Publications Services, Board of Governors of the Federal Reserve System, Washington, DC 20551, October 1982. 239 pp. Y1 - 1982/10// PY - 1982 DA - October 1982 SP - 239 PB - Publications Services, Board of Governors of the Federal Reserve System, Washington, DC 20551 KW - Banking -- United States -- Statistics KW - Federal reserve system -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59274344?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1982-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Annual+statistical+digest%2C+1981&rft.title=Annual+statistical+digest%2C+1981&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications Services, Board of Governors of the Federal Reserve System, Washington, DC 20551 pa $6.50 N1 - Document feature - table(s), index(es) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Upper quartile averages of 643 participating member banks: functional cost analysis, 1981 AN - 59278043; 1983-0804402 AB - Cover title: Performance characteristics of high earning banks: functional cost analysis, 1981; based on data furnished by participating banks in twelve Federal Reserve districts. JF - 20th St. and Constitution Av., N.W., Washington, DC 20551, August 1982. 33 pp. Y1 - 1982/08// PY - 1982 DA - August 1982 SP - 33 PB - 20th St. and Constitution Av., N.W., Washington, DC 20551 KW - Banking -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59278043?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1982-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Upper+quartile+averages+of+643+participating+member+banks%3A+functional+cost+analysis%2C+1981&rft.title=Upper+quartile+averages+of+643+participating+member+banks%3A+functional+cost+analysis%2C+1981&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - 20th St. and Constitution Av., N.W., Washington, DC 20551; (22 x 28 cm.) N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Monetary policy objectives for 1982: with tentative monetary growth ranges for 1983 AN - 59266528; 1983-0502945 AB - Summary of the midyear report to the Congress; with testimony presented by Paul A. Volcker, chairman, Federal Reserve Board, July 20, 1982. JF - 20th St. and Constitution Av., N.W., Washington, DC 20551, 1982. 14 pp. Y1 - 1982///0, PY - 1982 DA - 0, 1982 SP - 14 PB - 20th St. and Constitution Av., N.W., Washington, DC 20551 KW - Volcker, Paul Adolph, 1927 KW - United States -- Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59266528?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1982-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+objectives+for+1982%3A+with+tentative+monetary+growth+ranges+for+1983&rft.title=Monetary+policy+objectives+for+1982%3A+with+tentative+monetary+growth+ranges+for+1983&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - 20th St. and Constitution Av., N.W., Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Historical chart book, 1982 AN - 59259565; 1983-0906218 JF - Washington, DC 20551, 1982. 125 pp. Y1 - 1982///0, PY - 1982 DA - 0, 1982 SP - 125 PB - Washington, DC 20551 KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59259565?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1982-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1982&rft.title=Historical+chart+book%2C+1982&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 (20 x 26 cm.) pa Included in subscription to the Federal Reserve Bulletin; separately, U.S., U.S. possessions, Can., and Mex. $1.25; elsewhere $1.50 N1 - Document feature - chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Federal Reserve decisions on bank mergers and acquisitions during the 1970s T2 - Staff Studies 112 AN - 59215498; 1982-1704649 JF - Washington, DC 20551, August 1981. 17 pp. AU - Rhoades, Stephen A Y1 - 1981/08// PY - 1981 DA - August 1981 SP - 17 PB - Washington, DC 20551 KW - Banking -- Consolidation and mergers -- Regulation KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59215498?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Rhoades%2C+Stephen+A&rft.aulast=Rhoades&rft.aufirst=Stephen&rft.date=1981-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+Reserve+decisions+on+bank+mergers+and+acquisitions+during+the+1970s&rft.title=Federal+Reserve+decisions+on+bank+mergers+and+acquisitions+during+the+1970s&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - GEN T1 - How to File a Consumer Credit Complaint. AN - 63404201; ED235070 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet explains how a complaint against a Federal Reserve bank concerning a possible violation of any of the federal consumer credit laws can be filed. Seven consumer credit laws are listed with a brief statement about the major protections of each: (1) The Truth in Lending Act, requiring the disclosure of finance charges and annual percentage rates for consumer comparison purposes; (2) The Equal Credit Opportunity Act, prohibiting against discrimination because of age, sex, marital status, or ethnic background; (3) The Fair Credit Billing Act, ensuring prompt correction of billing errors; (4) The Fair Credit Reporting Act, providing procedures for correcting credit record mistakes; (5) The Consumer Leasing Act, requiring disclosure of information for consumer comparison purposes; (6) The Real Estate Settlement Procedures Act, requiring the disclosure of information about the costs and services involved in property transfers; and (7) The Mortgage Disclosures Act, requiring lending institutions in metropolitan areas to inform the public of mortgage and home improvement loans. The Division of Consumer and Community Affairs is noted as the office responsible for handling consumer complaints. The final section provides a complaint form and a list of names and locations of federal enforcement agencies. (LH) Y1 - 1981/07// PY - 1981 DA - July 1981 SP - 5 KW - Federal Reserve System KW - Consumer Credit Laws KW - PF Project KW - Legal Information KW - ERIC, Resources in Education (RIE) KW - Community KW - Credit (Finance) KW - Legal Problems KW - Grievance Procedures KW - Consumer Education KW - Consumer Protection KW - Banking KW - Legal Responsibility KW - Laws KW - Economics Education KW - Federal Legislation KW - High Schools KW - Compliance (Legal) KW - Consumer Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63404201?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - GEN T1 - What Truth in Lending Means to You. AN - 63411485; ED235071 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet discusses the provisions of the Truth in Lending Law. The act requires that creditors state credit charges in a uniform way. The pamphlet provides a brief description of finance charges and annual percentage rates. It also focuses on specific requirements of the Truth in Lending Law that: (1) protect customers against unauthorized use of credit cards; (2) prohibit card issuers from sending customers credit cards unless requested or applied for; (3) regulate the advertising of credit terms; (4) give the customer a three-day wait to consider and cancel a credit transaction in which a customer's home is used as security; and (5) provide criminal penalties for willful violators. The final section presents a list of names and locations of federal enforcement agencies which deal with questions concerning particular creditors. (LH) Y1 - 1981/06// PY - 1981 DA - June 1981 SP - 5 KW - PF Project KW - Legal Information KW - Truth in Lending KW - Annual Percentage Rate KW - ERIC, Resources in Education (RIE) KW - Community KW - Credit (Finance) KW - Legal Problems KW - Loan Repayment KW - Fraud KW - Consumer Education KW - Consumer Protection KW - Advertising KW - Legal Responsibility KW - Laws KW - Economics Education KW - Federal Legislation KW - High Schools KW - Compliance (Legal) KW - Consumer Economics KW - Credit Cards UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63411485?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Public policy and capital formation AN - 839158502; 784052 JF - Public policy and capital formation Y1 - 1981 PY - 1981 DA - 1981 SP - 326 PB - Board of Governors of the Federal Reserve System KW - Economics KW - Capital formation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/839158502?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1981-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Public+policy+and+capital+formation&rft.title=Public+policy+and+capital+formation&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Historical chart book, 1981 AN - 59203838; 1982-0700284 AB - Supplement to the Federal Reserve Chart Book; also contains long-range financial and business series not included in the monthly book. JF - Washington, DC 20551, 1981. 125 pp. Y1 - 1981///0, PY - 1981 DA - 0, 1981 SP - 125 PB - Washington, DC 20551 KW - United States -- Economic conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59203838?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1981-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1981&rft.title=Historical+chart+book%2C+1981&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 (20 x 26 cm.) pa Included in subscription to Federal Reserve Chart Book; separately, U.S., U.S. possessions, Can. and Mex. $1.25; elsewhere $1.50 N1 - Document feature - chart(s) N1 - Last updated - 2016-09-28 ER - TY - GEN T1 - The Equal Credit Opportunity Act and Credit Rights in Housing. AN - 63402801; ED235066 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet describes the provisions of the Equal Credit Opportunity Act. The act prohibits discrimination because of race, color, religion, national origin, sex, marital status, and age when applying for a mortgage or home improvement loan. The pamphlet presents general rules for lenders and specifically states that a lender may not: (1) discourage an applicant from applying for a loan; (2) refuse to make a loan to qualified applicants; (3) lend an applicant money on terms different from those granted another applicant with similar assets; (4) rely on a property appraisal based on the racial makeup of a neighborhood; (5) ask about childbearing plans; (6) refuse to consider reliable alimony, child support, or separate maintenance payments; (7) refuse to consider reliable income from part-time employment or public assistance; or (8) require another signature on a creditworthy applicant's loan. The legal obligations of the lender in the event that a loan is denied are briefly described. The Home Mortgage Disclosure Act, The Community Reinvestment Act, and the Fair Housing Act are also briefly described. The final section presents a list of names and locations of federal enforcement agencies which deal with questions concerning fair credit laws. (LH) Y1 - 1980/12// PY - 1980 DA - December 1980 SP - 4 KW - Legal Information KW - Equal Credit Opportunity Act KW - PF Project KW - Credit Ratings KW - ERIC, Resources in Education (RIE) KW - Community KW - Credit (Finance) KW - Legal Problems KW - Equal Protection KW - Consumer Education KW - Consumer Protection KW - Social Discrimination KW - Civil Rights KW - Legal Responsibility KW - Laws KW - Economics Education KW - Federal Legislation KW - High Schools KW - Compliance (Legal) KW - Housing Discrimination KW - Consumer Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63402801?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - GEN T1 - If You Borrow to Buy Stock. AN - 63401859; ED235073 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet discusses a federal law that requires that the borrower as well as the lender comply with government rules relating to the use of credit in purchasing securities, even when the borrower obtains credit outside the United States. The pamphlet focuses on Regulation X, entitled "Rules Governing Borrowers Who Obtain Securities Credit," as one of four margin regulations relating to securities credit. A brief explanation of margin regulations and a description of how margin works is followed by an historical look at the essential role government regulation of securities credit plays in preventing national money crises. Concern over the potentially upsetting effects that borrowing abroad to buy U.S. stocks might have on securities markets in the United States is described as the main reason for the implementation of the law. Also discussed are the widespread effects of this law aimed particularly at foreign borrowing, and the penalties mandated for violators. The final section lists the cities in which Federal Reserve Banks can be contacted for further information. (LH) Y1 - 1980/12// PY - 1980 DA - December 1980 SP - 4 KW - PF Project KW - Legal Information KW - Securities Credit KW - Rules and Regulations KW - Federal Reserve System KW - Stock Market KW - ERIC, Resources in Education (RIE) KW - Community KW - Credit (Finance) KW - Federal Legislation KW - High Schools KW - Compliance (Legal) KW - Consumer Economics KW - Legal Responsibility KW - Laws KW - Economics Education UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63401859?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - GEN T1 - Alice in Debitland. AN - 63404121; ED235069 AB - Designed for the general public and possibly suitable also for high school economics students, this booklet examines the Electronic Fund Transfer Act (EFT), which protects consumers who use debit cards for the electronic transfer of funds. This commercially adapted version of the character in "Alice in Wonderland," uses a story-teller approach to explain automated teller machines (ATM's), point of sale terminals (POS), preauthorized payments, and telephone transfers. The booklet answers consumer concerns about the types of records EFT users have of their transactions and the ease with which consumer errors can be corrected. Specific procedures for the correction of errors and for reporting lost or stolen EFT cards are listed. The obligations of the financial institutions issuing EFT cards are detailed, and special questions about preauthorized credit plans are answered. The final section presents a list of names and locations of federal enforcement agencies that deal with complaints and penalties. The booklet includes illustrations from "Alice in Wonderland" and practical tips are highlighted at the end of each chapter. (LH) Y1 - 1980/06// PY - 1980 DA - June 1980 SP - 18 KW - Electronic Fund Transfers KW - PF Project KW - Legal Information KW - Receipts KW - ERIC, Resources in Education (RIE) KW - Community KW - Technological Advancement KW - Credit (Finance) KW - Legal Problems KW - Consumer Education KW - Consumer Protection KW - Automation KW - Banking KW - Laws KW - Economics Education KW - Federal Legislation KW - High Schools KW - Compliance (Legal) KW - Consumer Economics KW - Technology UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63404121?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - GEN T1 - U.S. Currency. A Perspective of Its Role Today. AN - 63402898; ED235068 AB - Designed for the general public and possibly suitable also for high school economics students, this pamphlet presents a brief overview of United States currency. Separate sections discuss the role of currency today, how the dollar has evolved, how the dollar got its name, laws concerning legal tender, types of currency in circulation, the meaning of the inscriptions appearing on currency, how currency reaches the public, why the amount of currency changes, how the note issue mechanism works, how much currency is in circulation, why banks are decentralized, and who owns and operates the Federal Reserve Banks. Specific topics include the earliest monetary statute (The Mint Act), the first coin struck by the U.S. government, present laws concerning the issuing of currency, and specific denominations of Federal Reserve notes. A look at the inscription "In God We Trust," the Treasury Seal, and the Susan B. Anthony dollar is followed by an explanation of the procedure currency undergoes before it reaches the public. An explanation of the note issue mechanism, the total amount of cash in the Federal Reserve System, and the decentralization of Federal Reserve Banks is provided. In addition, the role of the Board of Governors of the Federal Reserve System, and stock ownership by commercial banks of the Federal Reserve System are discussed. (LH) Y1 - 1980/06// PY - 1980 DA - June 1980 SP - 13 KW - United States KW - Money KW - Federal Reserve System KW - PF Project KW - ERIC, Resources in Education (RIE) KW - Community KW - Monetary Systems KW - Federal Legislation KW - High Schools KW - Consumer Economics KW - Banking KW - Laws KW - Economics Education UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63402898?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - BOOK T1 - Historical chart book, 1980 AN - 59157790; 1981-0606004 JF - Washington, DC 20551, 1980. 125 pp. Y1 - 1980///0, PY - 1980 DA - 0, 1980 SP - 125 PB - Washington, DC 20551 KW - United States -- Economic conditions -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59157790?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1980-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1980&rft.title=Historical+chart+book%2C+1980&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 (20 x 26 cm.) pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., U.S. possessions, Can. and Mex. $1.25; elsewhere $1.50 N1 - Document feature - chart(s) N1 - Last updated - 2016-09-28 ER - TY - GEN T1 - Treasury/Federal Reserve Study of Treasury Futures Markets Volume I: Summary and Recommendations AN - 1700385072 AB - The September 30, 1978 legislation (P.L. 95-405), which renewed the authority of the CFTC to regulate futures markets, directs the Commission to solicit the advice of the Treasury and the Federal Reserve before authorizing any additional futures contracts that specify delivery of U.S. Government securities. The Act also requires the Commission to consider the impact of such futures trading on the debt management requirements of the Treasury and on the efficiency and the integrity of the market for U.S. Government securities. Confronted with the need to comment on several pending contract proposals, yet lacking a body of research on which opinions could be firmly grounded, the Secretary of the Treasury and the Chairman of the Board of Governors wrote the CFTC in October 1978, suggesting an immediate Treasury-FRB study and requesting a moratorium on new authorizations of Treasury futures contracts until the study could be completed. The Treasury and Federal Reserve staffs have since conducted over thirty interviews with a wide variety of participants in the cash and futures markets for Government securities. The findings from these interviews, as well as a summary of the costs and benefits of Treasury futures markets are summarized in this report. The detailed findings are provided in Volume II. JF - IDEAS Working Paper Series from RePEc AU - Vignola, Anthony AU - Dale, Charles AU - Federal Reserve System, Federal Reserve Staffs Y1 - 1979 PY - 1979 DA - 1979 CY - St. Louis PB - Federal Reserve Bank of St Louis KW - Business And Economics KW - ideas.repec.org/p/pra/mprapa/58273.html UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1700385072?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=preprint&rft.jtitle=IDEAS+Working+Paper+Series+from+RePEc&rft.atitle=Treasury%2FFederal+Reserve+Study+of+Treasury+Futures+Markets+Volume+I%3A+Summary+and+Recommendations&rft.au=Vignola%2C+Anthony%3BDale%2C+Charles%3BFederal+Reserve+System%2C+Federal+Reserve+Staffs&rft.aulast=Vignola&rft.aufirst=Anthony&rft.date=1979-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=IDEAS+Working+Paper+Series+from+RePEc&rft.issn=&rft_id=info:doi/ L2 - http://ideas.repec.org/p/pra/mprapa/58273.html LA - English DB - ProQuest Central N1 - Copyright - Copyright FEDERAL RESERVE BANK OF ST LOUIS 1979 N1 - Last updated - 2015-10-03 ER - TY - GEN T1 - Treasury/Federal Reserve Study of Treasury Futures Markets Volume II: A Study by the Staffs of the U.S. Treasury and Federal Reserve System AN - 1700384858 AB - The September 30, 1978 legislation (P.L. 95-405), which renewed the authority of the CFTC to regulate futures markets, directs the Commission to solicit the advice of the Treasury and the Federal Reserve before authorizing any additional futures contracts that specify delivery of U.S. Government securities. The Act also requires the Commission to consider the impact of such futures trading on the debt management requirements of the Treasury and on the efficiency and the integrity of the market for U.S. Government securities. Confronted with the need to comment on several pending contract proposals, yet lacking a body of research on which opinions could be firmly grounded, the Secretary of the Treasury and the Chairman of the Board of Governors wrote the CFTC in October 1978, suggesting an immediate Treasury-FRB study and requesting a moratorium on new authorizations of Treasury futures contracts until the study could be completed. The Treasury and Federal Reserve staffs have since conducted over thirty interviews with a wide variety of participants in the cash and futures markets for Government securities. The detailed findings from these interviews, as well as a summary of the costs and benefits of Treasury futures markets are summarized in this report. JF - IDEAS Working Paper Series from RePEc AU - Vignola, Anthony AU - Dale, Charles AU - Federal Reserve System, Federal Reserve Staffs Y1 - 1979 PY - 1979 DA - 1979 CY - St. Louis PB - Federal Reserve Bank of St Louis KW - Business And Economics KW - ideas.repec.org/p/pra/mprapa/58897.html UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1700384858?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=preprint&rft.jtitle=IDEAS+Working+Paper+Series+from+RePEc&rft.atitle=Treasury%2FFederal+Reserve+Study+of+Treasury+Futures+Markets+Volume+II%3A+A+Study+by+the+Staffs+of+the+U.S.+Treasury+and+Federal+Reserve+System&rft.au=Vignola%2C+Anthony%3BDale%2C+Charles%3BFederal+Reserve+System%2C+Federal+Reserve+Staffs&rft.aulast=Vignola&rft.aufirst=Anthony&rft.date=1979-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=IDEAS+Working+Paper+Series+from+RePEc&rft.issn=&rft_id=info:doi/ L2 - http://ideas.repec.org/p/pra/mprapa/58897.html LA - English DB - ProQuest Central N1 - Copyright - Copyright FEDERAL RESERVE BANK OF ST LOUIS 1979 N1 - Last updated - 2015-10-03 ER - TY - GEN T1 - Consumer Handbook to Credit Protection Laws. AN - 63751862; ED171628 AB - The five sections of this consumer handbook are The Cost of Credit, Applying for Credit, Credit Histories and Records, Correcting Credit Mistakes, and Complaining about Credit. Each section discusses relevant legislation: Truth in Lending, the Equal Credit Opportunity Act, and the Fair Credit Reporting Act. Topics discussed in section I include methods for comparing finance costs, and explanations of open end credit, open end leases, balloon payments, advertising costs, and costs of settlement on a house. Section II discusses discrimination pertaining to sex, age, and marital status. Borrower characteristics and circumstances under which an agency may not legally deny credit are listed. Section III covers establishing credit histories for married, divorced, or widowed women, and methods for maintaining credit histories. Section four explains action to take concerning defective goods and services, prompt credits and refunds, second mortgage cancellation, lost or stolen credit cards, unsolicited credit cards, and discounts for cash payments. Section five discusses procedures for complaining to federal agencies. A glossary and addresses of federal enforcement agencies and federal reserve banks are included. (KC) Y1 - 1978/12// PY - 1978 DA - December 1978 SP - 26 KW - ERIC, Resources in Education (RIE) KW - Credit (Finance) KW - Postsecondary Education KW - Responsibility KW - Equal Protection KW - Consumer Education KW - Consumer Protection KW - Home Economics Education KW - Sex Discrimination KW - Secondary Education KW - Financial Problems KW - Marital Status KW - Instructional Materials KW - Money Management KW - Minority Groups KW - Federal Legislation KW - Purchasing KW - Females KW - Consumer Economics KW - Credit Cards KW - Racial Discrimination UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/63751862?accountid=14244 LA - English DB - ERIC N1 - Last updated - 2017-02-24 ER - TY - JOUR T1 - Domestic open market operations in the United States AN - 1312151697 JF - Boletín - Centro de Estudios Monetarios Latinoamericanos Y1 - 1978/05/01/ PY - 1978 DA - 1978 May 01 SP - 138 CY - México PB - Centro de estudios monetarios latinoamericanos VL - 24 IS - 3 SN - 0186-7229 KW - Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1312151697?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apio&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Bolet%C3%ADn+-+Centro+de+Estudios+Monetarios+Latinoamericanos&rft.atitle=Domestic+open+market+operations+in+the+United+States&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1978-05-01&rft.volume=24&rft.issue=3&rft.spage=138&rft.isbn=&rft.btitle=&rft.title=Bolet%C3%ADn+-+Centro+de+Estudios+Monetarios+Latinoamericanos&rft.issn=01867229&rft_id=info:doi/ DB - Periodicals Index Online N1 - Last updated - 2013-02-25 ER - TY - GEN T1 - [Why Doesn't the Federal Reserve Intervene in Japanese Yen in the Exchange Market?] AN - 1679049079; JA00372 AB - Explains why Federal Reserve has not intervened to control yen in exchange market. AU - United States. Board of Governors of the Federal Reserve System AD - United States. Board of Governors of the Federal Reserve System PY - 1978 SP - 2 KW - Foreign exchange rates KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1679049079?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Adnsa_ja&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=&rft.atitle=%5BWhy+Doesn%27t+the+Federal+Reserve+Intervene+in+Japanese+Yen+in+the+Exchange+Market%3F%5D&rft.au=United+States.+Board+of+Governors+of+the+Federal+Reserve+System&rft.aulast=United+States.+Board+of+Governors+of+the+Federal+Reserve+System&rft.aufirst=&rft.date=1978-03-31&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - Digital National Security Archive N1 - Name - Bank of Japan; Federal Reserve Bank of New York N1 - Analyte descriptor - NSA document type: Briefing Paper; Location of original: Gerald R. Ford Library. Burns, Arthur F. Papers, 1969-1978. Federal Reserve Board Files. Subject File. Box B111. Trips-Asia Briefing Book, March 31, 1978 N1 - Last updated - 2015-06-16 ER - TY - BOOK T1 - Recent trends in local banking market structure T2 - Staff econ. studies 89 AN - 58969422; 1976-1196421 JF - 20th st. and Constitution av., N.W., Washington, DC 20557, 1977. 15+13 pp. AU - Talley, Samuel H Y1 - 1977///0, PY - 1977 DA - 0, 1977 EP - 15+13 PB - 20th st. and Constitution av., N.W., Washington, DC 20557 KW - Banking -- Marketing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58969422?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Talley%2C+Samuel+H&rft.aulast=Talley&rft.aufirst=Samuel&rft.date=1977-01-01&rft.volume=&rft.issue=&rft.spage=15%2B13&rft.isbn=&rft.btitle=Recent+trends+in+local+banking+market+structure&rft.title=Recent+trends+in+local+banking+market+structure&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - 20th st. and Constitution av., N.W., Washington, DC 20557 N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Flow of funds accounts, 1946-1975: annual total flows and year-end assets and liabilities AN - 58960363; 1976-1133568 JF - Washington, DC 20551, December 1976. vi+171 pp. Y1 - 1976/12// PY - 1976 DA - December 1976 EP - vi+171 PB - Washington, DC 20551 KW - Flow-of-funds accounts UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58960363?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1976-12-01&rft.volume=&rft.issue=&rft.spage=vi%2B171&rft.isbn=&rft.btitle=Flow+of+funds+accounts%2C+1946-1975%3A+annual+total+flows+and+year-end+assets+and+liabilities&rft.title=Flow+of+funds+accounts%2C+1946-1975%3A+annual+total+flows+and+year-end+assets+and+liabilities&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 pa N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Individual retirement accounts and Keogh accounts at selected financial institutions as of March 31, 1976 AN - 58954337; 1976-1118679 JF - Publication services, Division of administrative services, Board of governors of the Federal reserve system, Washington, DC 20551, June 1976. Y1 - 1976/06// PY - 1976 DA - June 1976 PB - Publication services, Division of administrative services, Board of governors of the Federal reserve system, Washington, DC 20551 KW - Individual retirement account plans -- Statistics KW - Self-employed -- Retirement UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58954337?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1976-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Individual+retirement+accounts+and+Keogh+accounts+at+selected+financial+institutions+as+of+March+31%2C+1976&rft.title=Individual+retirement+accounts+and+Keogh+accounts+at+selected+financial+institutions+as+of+March+31%2C+1976&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publication services, Division of administrative services, Board of governors of the Federal reserve system, Washington, DC 20551 pa N1 - Document feature - table(s) N1 - Last updated - 2016-09-28 ER - TY - JOUR T1 - Job Mobility and Labor Demand AN - 60820583; 77I3258 AB - Concern is centered on assessing the impact of changes in labor market conditions on the upward mobility of lower income workers. A labor market model is developed which includes expectational factors & nonwage adjustment mechanisms, & using data from the Current Population Survey on lower income individuals, the model is empirically investigated. Upward mobility appears sensitive to changes in excess labor demand, independent of changes in relative wages, & the analysis indicates the extent to which tighter labor markets generate additional upward mobility. 4 Tables. AA. JF - Industrial Relations AU - Slifman, Lawrence AD - Board of Governors Federal Reserve System, Washington DC 20551 Y1 - 1976/05// PY - 1976 DA - May 1976 SP - 147 EP - 157 VL - 15 IS - 2 SN - 0019-8676, 0019-8676 KW - job mobility KW - labor demand KW - Labor/Labors KW - Job/Jobs KW - Mobility KW - article KW - 0621: complex organizations; sociology of work UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60820583?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Industrial+Relations&rft.atitle=Job+Mobility+and+Labor+Demand&rft.au=Slifman%2C+Lawrence&rft.aulast=Slifman&rft.aufirst=Lawrence&rft.date=1976-05-01&rft.volume=15&rft.issue=2&rft.spage=147&rft.isbn=&rft.btitle=&rft.title=Industrial+Relations&rft.issn=00198676&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - CODEN - IDRLAP N1 - SubjectsTermNotLitGenreText - Job/Jobs; Mobility; Labor/Labors ER - TY - BOOK T1 - Effects of "NOW" [negotiable order of withdrawal] accounts on costs and earnings of commercial banks in 1974-75 T2 - Staff econ. studies 88 AN - 58986463; 1976-1196306 JF - Washington, DC 20551, 1976. 49 pp. AU - Paulus, John D Y1 - 1976///0, PY - 1976 DA - 0, 1976 SP - 49 PB - Washington, DC 20551 KW - Banking -- Negotiable order of withdrawal accounts KW - Bank deposits KW - Banking -- Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58986463?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Paulus%2C+John+D&rft.aulast=Paulus&rft.aufirst=John&rft.date=1976-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Effects+of+%22NOW%22++accounts+on+costs+and+earnings+of+commercial+banks+in+1974-75&rft.title=Effects+of+%22NOW%22++accounts+on+costs+and+earnings+of+commercial+banks+in+1974-75&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Washington, DC 20551 N1 - Document feature - table(s), chart(s) N1 - Last updated - 2016-09-28 ER - TY - BOOK T1 - Historical chart book, 1975 AN - 59679532; 1976-2806 JF - United States. Bd. of govs. of the Federal reserve system., 1975. 128 pp. Y1 - 1975///0, PY - 1975 DA - 0, 1975 SP - 128 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59679532?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1975-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1975&rft.title=Historical+chart+book%2C+1975&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (21 x 28 cm.); pa Included in subscription to the Federal Reserve Monthly Chart book; separately U.S., U.S. possessions, Can. and certain Latin Am. countries $1.25: elsewhere $1.50 N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - The determination of interest rates: recent experience in the United States (Decimotercera Reunión de Gobernadores de Bancos Centrales del Continente Americano, San Salvador, 1976) AN - 1312145962 JF - CEMLA, Boletín Mensual Y1 - 1975/01/01/ PY - 1975 DA - 1975 Jan 01 SP - 308 CY - México PB - Centro de estudios monetarios latinoamericanos VL - 22 IS - 5 SN - 0008-9958 KW - Economics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/1312145962?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Apio&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=CEMLA%2C+Bolet%C3%ADn+Mensual&rft.atitle=The+determination+of+interest+rates%3A+recent+experience+in+the+United+States+%28Decimotercera+Reuni%C3%B3n+de+Gobernadores+de+Bancos+Centrales+del+Continente+Americano%2C+San+Salvador%2C+1976%29&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1975-01-01&rft.volume=22&rft.issue=5&rft.spage=308&rft.isbn=&rft.btitle=&rft.title=CEMLA%2C+Bolet%C3%ADn+Mensual&rft.issn=00089958&rft_id=info:doi/ DB - Periodicals Index Online N1 - Last updated - 2013-02-25 ER - TY - BOOK T1 - Historical chart book, 1974 AN - 59645949; 1975-25747 AB - Long-range charts that supplement the monthly, Federal Chart Book on financial and business statistics. JF - United States. Bd. of govs. of the Federal reserve system., 1974. 123 pp. Y1 - 1974///0, PY - 1974 DA - 0, 1974 SP - 123 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Finance -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59645949?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1974-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1974&rft.title=Historical+chart+book%2C+1974&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 20th st. and Constitution av., N.W., Washington, DC 20557. (21 x 28 cm.); pa U.S., U.S. possessions, Can. and certain Latin Am. countries $1.25; elsewhere $1.50 N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Prospects for commercial banks in international money and capital markets: an American perspective AN - 59600191; 1974-1744 AB - Paper presented at the Conference on world banking, organized by the Financial Times, London, Eng., Jan. 17, 1974. JF - United States. Bd. of govs. of the Federal reserve system., 1974. 53+ pp. AU - Brimmer, Andrew F Y1 - 1974///0, PY - 1974 DA - 0, 1974 EP - 53+ PB - United States. Bd. of govs. of the Federal reserve system. KW - Brimmer, Andrew Felton KW - Banking -- Foreign business UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59600191?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Brimmer%2C+Andrew+F&rft.aulast=Brimmer&rft.aufirst=Andrew&rft.date=1974-01-01&rft.volume=&rft.issue=&rft.spage=53%2B&rft.isbn=&rft.btitle=Prospects+for+commercial+banks+in+international+money+and+capital+markets%3A+an+American+perspective&rft.title=Prospects+for+commercial+banks+in+international+money+and+capital+markets%3A+an+American+perspective&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (mim.); pa N1 - Document feature - tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Widening horizons: prospects for black employment AN - 59592810; 1974-2336 AB - Commencement address at Prairie View A&M university, Prairie View, Tex., May 5, 1974. JF - United States. Bd. of govs. of the Federal reserve system., 1974. 21+11 pp. AU - Brimmer, Andrew F Y1 - 1974///0, PY - 1974 DA - 0, 1974 EP - 21+11 PB - United States. Bd. of govs. of the Federal reserve system. KW - Brimmer, Andrew Felton KW - Employment -- Negroes UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59592810?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Brimmer%2C+Andrew+F&rft.aulast=Brimmer&rft.aufirst=Andrew&rft.date=1974-01-01&rft.volume=&rft.issue=&rft.spage=21%2B11&rft.isbn=&rft.btitle=Widening+horizons%3A+prospects+for+black+employment&rft.title=Widening+horizons%3A+prospects+for+black+employment&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Historical chart book, 1973 AN - 59611929; 1974-2664 AB - Long-range charts that supplement the monthly Federal Reserve Chart Book on financial and business statistics. JF - United States. Bd. of govs. of the Federal reserve system., 1973. 123 pp. Y1 - 1973///0, PY - 1973 DA - 0, 1973 SP - 123 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59611929?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1973-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1973&rft.title=Historical+chart+book%2C+1973&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Performance characteristics of high earning banks: functional cost analysis, 1971 AN - 59561380; 1973-1680 JF - United States. Bd. of govs. of the Federal reserve system., October 1972. 27 pp. Y1 - 1972/10// PY - 1972 DA - October 1972 SP - 27 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banking -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59561380?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1972-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Performance+characteristics+of+high+earning+banks%3A+functional+cost+analysis%2C+1971&rft.title=Performance+characteristics+of+high+earning+banks%3A+functional+cost+analysis%2C+1971&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Economic reforms in South Vietnam T2 - (Internat. fin. discussion pas. Discussion pa. no. 9) (RFD ser. no. 682) AN - 59523986; 1972-27584 JF - United States. Bd. of govs. of the Federal reserve system. Div. of internat. fin., February 23 1972. 21 pp. AU - Lang, Alex X Y1 - 1972/02/23/ PY - 1972 DA - 1972 Feb 23 SP - 21 PB - United States. Bd. of govs. of the Federal reserve system. Div. of internat. fin. KW - Vietnam -- Economic policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59523986?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Lang%2C+Alex+X&rft.aulast=Lang&rft.aufirst=Alex&rft.date=1972-02-23&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Economic+reforms+in+South+Vietnam&rft.title=Economic+reforms+in+South+Vietnam&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Div. of internat. fin. Washington, DC 20551. (mim.) N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Some policy aspects of foreign operations of international banks T2 - (Internat. fin. discussion pas. Discussion pa. no. 6) (RFD ser. no. 679) AN - 59516160; 1972-1953 JF - United States. Bd. of govs. of the Federal reserve system. Div. of internat. fin., January 4 1972. 16 pp. AU - Gemmill, Robert F Y1 - 1972/01/04/ PY - 1972 DA - 1972 Jan 04 SP - 16 PB - United States. Bd. of govs. of the Federal reserve system. Div. of internat. fin. KW - Banking, International UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59516160?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Gemmill%2C+Robert+F&rft.aulast=Gemmill&rft.aufirst=Robert&rft.date=1972-01-04&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Some+policy+aspects+of+foreign+operations+of+international+banks&rft.title=Some+policy+aspects+of+foreign+operations+of+international+banks&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Div. of internat. fin. Washington, DC 20551. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Historical chart book, 1972 AN - 59567703; 1973-25570 AB - Long-range charts that supplement the monthly Federal Reserve Chart Book on financial and business statistics. JF - United States. Bd. of govs. of the Federal reserve system., 1972. 123 pp. Y1 - 1972///0, PY - 1972 DA - 0, 1972 SP - 123 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59567703?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1972-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1972&rft.title=Historical+chart+book%2C+1972&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 20th st., and Constitution av., N.W., Washington, DC 20557. (21 x 28 cm.); pa U.S., U.S. possessions, Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - International money markets and flexible exchange rates T2 - (Staff econ. studies 70) AN - 59538887; 1972-9191 JF - United States. Bd. of govs. of the Federal reserve system., 1972. 72+2 pp. AU - Black, Stanley W Y1 - 1972///0, PY - 1972 DA - 0, 1972 EP - 72+2 PB - United States. Bd. of govs. of the Federal reserve system. KW - Finance, International KW - Exchange, Foreign -- Rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59538887?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Black%2C+Stanley+W&rft.aulast=Black&rft.aufirst=Stanley&rft.date=1972-01-01&rft.volume=&rft.issue=&rft.spage=72%2B2&rft.isbn=&rft.btitle=International+money+markets+and+flexible+exchange+rates&rft.title=International+money+markets+and+flexible+exchange+rates&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (mim.) pa N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Mortgage repayments as a source of loanable funds T2 - (Staff econ. studies 64) AN - 59532493; 1972-17186 JF - United States. Bd. of govs. of the Federal reserve system., 1972. 42 pp. AU - Fisher, Robert Moore Y1 - 1972///0, PY - 1972 DA - 0, 1972 SP - 42 PB - United States. Bd. of govs. of the Federal reserve system. KW - Mortgages UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59532493?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Fisher%2C+Robert+Moore&rft.aulast=Fisher&rft.aufirst=Robert&rft.date=1972-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Mortgage+repayments+as+a+source+of+loanable+funds&rft.title=Mortgage+repayments+as+a+source+of+loanable+funds&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (mim.) N1 - Document feature - bibl, tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The effect of holding company acquisitions on bank performance T2 - (Staff econ. studies 69) AN - 59525025; 1972-1749 JF - United States. Bd. of govs. of the Federal reserve system., 1972. 25 pp. AU - Talley, Samuel H Y1 - 1972///0, PY - 1972 DA - 0, 1972 SP - 25 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banking -- Holding companies UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59525025?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Talley%2C+Samuel+H&rft.aulast=Talley&rft.aufirst=Samuel&rft.date=1972-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+effect+of+holding+company+acquisitions+on+bank+performance&rft.title=The+effect+of+holding+company+acquisitions+on+bank+performance&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (mim.) N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Private housing completions--a new dimension in construction statistics T2 - (Staff econ. studies 66) AN - 59509162; 1972-11402 JF - United States. Bd. of govs. of the Federal reserve system., 1972. 20 pp. AU - Freedman, Bernard N Y1 - 1972///0, PY - 1972 DA - 0, 1972 SP - 20 PB - United States. Bd. of govs. of the Federal reserve system. KW - Housing -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59509162?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Freedman%2C+Bernard+N&rft.aulast=Freedman&rft.aufirst=Bernard&rft.date=1972-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Private+housing+completions--a+new+dimension+in+construction+statistics&rft.title=Private+housing+completions--a+new+dimension+in+construction+statistics&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (mim.) N1 - Document feature - tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The econometrics of price determination AN - 38222953; 170090c JF - The econometrics of price determination Y1 - 1972 PY - 1972 DA - 1972 SP - 397 PB - Federal Reserve System KW - Economics KW - Prices UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/38222953?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1972-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+econometrics+of+price+determination&rft.title=The+econometrics+of+price+determination&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Federal reserve par list October 1971 (locations of banks upon which checks will be received by Federal reserve banks and branches for collection and credit) AN - 59540243; 1972-3261 JF - United States. Bd. of govs. of the Federal reserve system., October 1971. 37 pp. Y1 - 1971/10// PY - 1971 DA - October 1971 SP - 37 PB - United States. Bd. of govs. of the Federal reserve system. KW - Checks -- Collection UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59540243?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1971-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+par+list+October+1971+%28locations+of+banks+upon+which+checks+will+be+received+by+Federal+reserve+banks+and+branches+for+collection+and+credit%29&rft.title=Federal+reserve+par+list+October+1971+%28locations+of+banks+upon+which+checks+will+be+received+by+Federal+reserve+banks+and+branches+for+collection+and+credit%29&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. N1 - Document feature - maps N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - ECONOMIC IMPACT OF POLLUTION ABATEMENT AN - 19010151; 7112341 AB - AN ECONOMETRIC COMPUTER SIMULATION STUDY BY THE FEDERAL RESERVE BOARD INDICATES THAT IT WILL TAKE $16 BILLION TO FINANCE ANTI-POLLUTION CAPITAL INVESTMENTS OVER THE NEXT FOUR OR FIVE YEARS ASSUMING A $3 BILLION INVESTMENT PER YEAR IN POLLUTION ABATEMENT DEVICES FOR BOTH NEW AND EXISTING EQUIPMENT. THESE COSTS MAY PRODUCE A SUBSTANTIAL DRAG ON THE IMPROVEMENT IN THE MATERIAL CONDITIONS OF LIFE OF MANY AMERICANS. WHILE POLLUTION ABATEMENT INVESTMENTS WOULD CREATE MANY NEW JOBS THE RESULTING LOWER PRODUCTIVITY WOULD REDUCE THE GNP GROWTH WHICH WOULD AFFECT PER CAPITAL INCOMES OF THOSE UNDERDEVELOPED SECTORS OF OUR ECONOMY WHICH ARE LEAST ABLE TO BEAR IT--THE POOR, THE DISADVANTAGED, AND THE HARD PRESSED URBAN COMMUNITIES. OTHER PROJECTED EFFECTS OF INCREASED INVESTMENT IN POLLUTION ABATEMENT WERE SLIGHT REDUCTIONS IN EXPENDITURES FOR PLANT AND RESIDENTIAL HOUSING, SIZABLE DROPS IN PERSONAL CONSUMPTION AND, MOST DISTURBING, A STRONG INFLATIONARY PRICE TREND. (WADE-WISCONSIN) JF - PRESENTED AT 1971 COMMENCEMENT EXERCISES OF MIAMI UNIV., CORAL GABLES, FLORIDA, JUNE 1971. 19 P, 1 TAB. AU - Brimmer, A F AD - FEDERAL RESERVE SYSTEM, WASHINGTON, D.C. BOARD OF GOVERNORS Y1 - 1971/06// PY - 1971 DA - Jun 1971 KW - Water Resources Abstracts KW - *FEDERAL BUDGETS KW - *POLLUTION ABATEMENT KW - *COST ALLOCATION KW - *ECONOMIC IMPACT KW - ESTIMATED COSTS KW - EMPLOYMENT KW - INFLATION(ECONOMIC) KW - INDIRECT COSTS KW - PRIORITIES KW - ENVIRONMENTAL SANITATION KW - INSTALLATION COSTS KW - INDUSTRIAL PRODUCTION KW - FORECASTING KW - SOCIAL IMPACT KW - GROSS NATIONAL PRODUCT KW - INVESTMENT KW - COMPUTER MODELS KW - FEDERAL RESERVE SYSTEM KW - SW 3070:Water quality control KW - SW 4020:Evaluation process UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/19010151?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awaterresources&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=&rft.atitle=ECONOMIC+IMPACT+OF+POLLUTION+ABATEMENT&rft.au=Brimmer%2C+A+F&rft.aulast=Brimmer&rft.aufirst=A&rft.date=1971-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Last updated - 2011-12-14 ER - TY - BOOK T1 - A study of the cost of the government payment mechanism AN - 59534562; 1972-3263 AB - Focuses on the identifiable costs of issuing, reconciling and other handling of government checks and on costs related to collection of taxes and other revenues. JF - United States. Bd. of govs. of the Federal reserve system. Div. of Federal reserve bank operations. Special studies sect., March 1971. vi+94 pp. AU - Snyder, Eugene E Y1 - 1971/03// PY - 1971 DA - March 1971 EP - vi+94 PB - United States. Bd. of govs. of the Federal reserve system. Div. of Federal reserve bank operations. Special studies sect. KW - United States -- Finance KW - Cost of government KW - Checks -- Collection -- Costs UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59534562?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Snyder%2C+Eugene+E&rft.aulast=Snyder&rft.aufirst=Eugene&rft.date=1971-03-01&rft.volume=&rft.issue=&rft.spage=vi%2B94&rft.isbn=&rft.btitle=A+study+of+the+cost+of+the+government+payment+mechanism&rft.title=A+study+of+the+cost+of+the+government+payment+mechanism&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Div. of Federal reserve bank operations. Special studies sect. Washington, DC 20551. pa N1 - Document feature - tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The use of interest rate policies as a stimulus to economic growth T2 - (Staff econ. studies 65) AN - 59518815; 1972-12957 AB - Experiences of Taiwan, 1950-53, Korea, 1965-71, and Indonesia, 1968-71. JF - United States. Bd. of govs. of the Federal reserve system., 1971. 46 pp. AU - Emery, Robert F Y1 - 1971///0, PY - 1971 DA - 0, 1971 SP - 46 PB - United States. Bd. of govs. of the Federal reserve system. KW - Interest -- Rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59518815?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Emery%2C+Robert+F&rft.aulast=Emery&rft.aufirst=Robert&rft.date=1971-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+use+of+interest+rate+policies+as+a+stimulus+to+economic+growth&rft.title=The+use+of+interest+rate+policies+as+a+stimulus+to+economic+growth&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, DC 20551. (mim.) N1 - Document feature - tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Flow of funds accounts, 1945-1968 AN - 59469484; 1970-9664 JF - Publications services, Division of administrative services. Board of governors of the Federal reserve system, March 1970. Y1 - 1970/03// PY - 1970 DA - March 1970 PB - Publications services, Division of administrative services. Board of governors of the Federal reserve system KW - Flow-of-funds accounts UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59469484?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1970-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Flow+of+funds+accounts%2C+1945-1968&rft.title=Flow+of+funds+accounts%2C+1945-1968&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications services, Division of administrative services. Board of governors of the Federal reserve system, Washington, D.C. 20551. pa $1 N1 - Document feature - tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Historical chart book, 1970 AN - 59494420; 1971-2675 AB - Long-range charts supplementing the monthly Federal Reserve Chart Book on financial and business statistics. JF - United States. Bd. of govs. of the Federal reserve system., 1970. 123 pp. Y1 - 1970///0, PY - 1970 DA - 0, 1970 SP - 123 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59494420?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1970-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1970&rft.title=Historical+chart+book%2C+1970&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., U.S. possessions, Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - THE FORECASTING ACCURACY OF CONSUMER ATTITUDE DATA AN - 60898708; 71F0592 AB - The forecasting accuracy of the index of consumer sentiment constructed by the Mich Survey Res Center is evaluated. The focus is on comparing the accuracy of equations in which the attitude index is an independent variable against naive forecasting models. The forecasting record of the index of consumer sentiments is analyzed as an indicator of movements in the durable consumption expenditures series. Because 2 equations are found to have serially red residuals, as measured by extremely low Durbin-Watson statistics, the 2 equations were refitted by using the Cochrane-Orcutt iteration technique, which is designed to eliminate the auto-r disturbance. The errors of the refit equations were generally lower than the original equations. However, the application of the iteration technique did not improve the performance of the equations in the vicinity of cyclical turns. During the period of fit, the pre dicted movements still lagged the actual turns by one quarter in about half the cases. It is concluded that, while the sentiment index does have some forecasting value, the results are decidedly mixed. When the index is used as an indicator with every reversal of movement counted as a 'signal' the index correctly forecasts every major movement in durable consumption but also provides a number of false turns. When stringent minimum criteria are applied, the number of false leads declines, but the date at which turns in the index can be identified often lag behind the consumption movements. 3 Tables. Modified HA. JF - Journal of the American Statistical Association AU - Burch, S W AU - Stekler, J O AD - FEDERAL RESERVE SYSTEM & STATE U OF NEW YORK, STONY BROOK Y1 - 1969/12// PY - 1969 DA - December 1969 SP - 1225 EP - 1233 VL - 64 IS - 328 KW - ACCURACY : DATA FORECASTING, OF CONSUMER ATTITUDE KW - ATTITUDE : CONSUMER KW - CONSUMER : ATTITUDE DATA & FORECASTING ACCURACY KW - DATA : CONSUMER ATTITUDE KW - FORECAST : ACCURACY OF CONSUMER ATTITUDE DATA KW - Data KW - Consumer/Consumers/Consumerism KW - Forecast/Forecasts/Forecasting KW - Attitude/Attitudes/Attitudinal KW - Accuracy KW - article KW - 0749: social change and economic development; market structures & consumer behavior UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60898708?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Journal+of+the+American+Statistical+Association&rft.atitle=THE+FORECASTING+ACCURACY+OF+CONSUMER+ATTITUDE+DATA&rft.au=Burch%2C+S+W%3BStekler%2C+J+O&rft.aulast=Burch&rft.aufirst=S&rft.date=1969-12-01&rft.volume=64&rft.issue=328&rft.spage=1225&rft.isbn=&rft.btitle=&rft.title=Journal+of+the+American+Statistical+Association&rft.issn=&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - SubjectsTermNotLitGenreText - Accuracy; Attitude/Attitudes/Attitudinal; Consumer/Consumers/Consumerism; Data; Forecast/Forecasts/Forecasting ER - TY - BOOK T1 - The financial institutions of the Republic of Vietnam T2 - (Review of for. developments RFD 644) AN - 59452315; 1970-1830 AB - Reviews the operations of various types of credit-providing institutions ranging from commercial banks to pawn shops and money lenders. JF - United States. Bd. of govs. of the federal reserve system. Div. of internat. fin., July 22 1969. 94 pp. AU - Emery, Robert F Y1 - 1969/07/22/ PY - 1969 DA - 1969 Jul 22 SP - 94 PB - United States. Bd. of govs. of the federal reserve system. Div. of internat. fin. KW - Financial intermediaries KW - Banking -- Vietnam KW - Credit UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59452315?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Emery%2C+Robert+F&rft.aulast=Emery&rft.aufirst=Robert&rft.date=1969-07-22&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+financial+institutions+of+the+Republic+of+Vietnam&rft.title=The+financial+institutions+of+the+Republic+of+Vietnam&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. Div. of internat. fin. Washington, D.C. 20551. (mim.) pa N1 - Document feature - bibl, tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The legitimacy of central banks T2 - (Fundamental reappraisal of the discount mechanism) (368-795) AN - 59447933; 1970-1616 JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., July 1969. 24 pp. AU - Boulding, Kenneth E Y1 - 1969/07// PY - 1969 DA - July 1969 SP - 24 PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Banking -- Central banks UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59447933?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Boulding%2C+Kenneth+E&rft.aulast=Boulding&rft.aufirst=Kenneth&rft.date=1969-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+legitimacy+of+central+banks&rft.title=The+legitimacy+of+central+banks&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. Single copies free N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - STATE AND LOCAL GOVERNMENTS AND THEIR BUDGET CONSTRAINT AN - 18966818; 7001353 AB - ECONOMETRIC MODELS HAVE PROBED MANY PREVIOUSLY UNEXPLORED AREAS OF THE UNITED STATES ECONOMY. HOWEVER, THERE IS ONE SECTOR STILL RELATIVELY UNTOUCHED BY MODEL-BUILDERS, AND STRANGELY ENOUGH, IT IS A SECTOR WHICH TODAY IS GENERATING SOME OF THE MOST HEATED POLITICAL CONTROVERSY, THAT IS, THE AREA OF STATE AND LOCAL GOVERNMENTS. ALTHOUGH THERE HAVE BEEN MANY ANALYSES OF CERTAIN ASPECTS OF STATE AND LOCAL BEHAVIOR (BOTH INSTITUTIONAL AND ECONOMETRIC) ON BOTH A MICRO AND A MACROECONOMIC LEVEL, NONE OF THESE ANALYSIS HAVE ADEQUATELY CONSIDERED THE BUDGET CONSTRAINT UNDER WHICH STATES AND LOCALITIES OPERATE. THESE GOVERNMENTAL UNITS ARE GENERALLY REQUIRED TO BALANCE THEIR CURRENT OPERATING BUDGETS, AND THEY MUST PAY A DEFAULT RISK PREMIUM WHEN THEY MAKE USE OF CREDIT MARKETS. STATE AND LOCAL EXPENDITURE AND REVENUE ITEMS CANNOT BE ANALYZED IN ISOLATION. THE RESEARCH APPROACH MUST PERMIT EXPENDITURE AND REVENUE POLICIES TO BE FORMULATED SIMULTANEOUSLY AND ALLOW THEM TO HAVE MUTUAL RAMIFICATIONS. THIS STUDY ATTEMPTS TO BUILD SUCH A BUDGET CONSTRAINT INTO BEHAVIORAL DESCRIPTIONS OF THE COMPONENTS OF STATE AND LOCAL BUDGETS. THE BUDGET CONSTRAINT PROVES TO HAVE AN IMPORTANT EFFECT ON THE METHOD BY WHICH STATE AND LOCAL BUDGETS RESPOND TO EXTERNAL FORCES SUCH AS MOVEMENTS IN GNP, INTEREST RATES, AND FEDERAL GRANTS-IN-AID. THE PAPER THEN PRESENTS A STATISTICAL ESTIMATE OF THE BUDGET CONSTRAINT MODEL. SINCE THESE GOVERNMENTAL BODIES ARE INVOLVED IN WATER INVESTMENT AND DEVELOPMENT PROJECTS, THIS ANALYSIS OF THE ROLE OF BUDGET CONSTRAINTS PROVIDES THE WATER RESEARCHERS WITH INSIGHTS INTO EFFECTS OF MACRO VARIABLES ON THE WATER AREA. (LOEB-RUTGERS) JF - INTERNATIONAL ECONOMIC REVIEW, VOL 10, NO 2, P 163-182, JUNE 1969. 20 P, 3 TAB, 15 REF. AU - Gramlich, Edward M AD - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, WASHINGTON, D.C Y1 - 1969/06// PY - 1969 DA - Jun 1969 KW - Water Resources Abstracts KW - *BUDGETING KW - *STATE GOVERNMENTS KW - *LOCAL GOVERNMENTS KW - CREDIT KW - EXPENDITURES KW - INCOME KW - STATISTICAL METHODS KW - MODEL STUDIES KW - TAXES KW - GROSS NATIONAL PRODUCT KW - INTEREST RATE KW - CAPITAL KW - DEBT KW - REGRESSION ANALYSIS KW - *BUDGET CONSTRAINT KW - *BUDGETS KW - ECONOMETRICS KW - EXTERNAL FORCES KW - GRANTS-IN-AID KW - NATIONAL ACCOUNTS BUDGET KW - SW 4030:Cost allocation, cost sharing, pricing KW - SW 4010:Techniques of planning UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/18966818?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awaterresources&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=&rft.atitle=STATE+AND+LOCAL+GOVERNMENTS+AND+THEIR+BUDGET+CONSTRAINT&rft.au=Gramlich%2C+Edward+M&rft.aulast=Gramlich&rft.aufirst=Edward&rft.date=1969-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Last updated - 2011-12-14 ER - TY - BOOK T1 - An evaluation of some determinants of member bank borrowing T2 - (371-795) (Fundamental reappraisal of the discount mechanism) AN - 59472560; 1970-9384 AB - Borrowing related to the liquidity condition of a bank's short-term asset portfolio as well as the interest differential between the discount rate and the bill rate. JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., 1969. 29 pp. AU - Alperstein, Leslie M Y1 - 1969///0, PY - 1969 DA - 0, 1969 SP - 29 PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Interest -- Rates KW - Discount KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59472560?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Alperstein%2C+Leslie+M&rft.aulast=Alperstein&rft.aufirst=Leslie&rft.date=1969-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=An+evaluation+of+some+determinants+of+member+bank+borrowing&rft.title=An+evaluation+of+some+determinants+of+member+bank+borrowing&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. Single copies free N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Historical chart book, 1969 AN - 59458116; 1970-2559 AB - Long-range charts that supplement the monthly Federal Reserve Chart Book on financial and business statistics. JF - United States. Bd. of govs. of the Federal reserve system., 1969. 123 pp. Y1 - 1969///0, PY - 1969 DA - 0, 1969 SP - 123 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59458116?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1969-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1969&rft.title=Historical+chart+book%2C+1969&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The Euro-dollar market and the United States balance of payments: a paper presented at the London school of economics, University of London, London, England, November 17, 1969 AN - 59441133; 1970-1528 JF - United States. Bd. of govs. of the Federal reserve system., 1969. 23+8 pp. AU - Brimmer, Andrew F Y1 - 1969///0, PY - 1969 DA - 0, 1969 EP - 23+8 PB - United States. Bd. of govs. of the Federal reserve system. KW - Euro-Dollar market KW - Brimmer, Andrew Felton KW - Balance of payments -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59441133?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Brimmer%2C+Andrew+F&rft.aulast=Brimmer&rft.aufirst=Andrew&rft.date=1969-01-01&rft.volume=&rft.issue=&rft.spage=23%2B8&rft.isbn=&rft.btitle=The+Euro-dollar+market+and+the+United+States+balance+of+payments%3A+a+paper+presented+at+the+London+school+of+economics%2C+University+of+London%2C+London%2C+England%2C+November+17%2C+1969&rft.title=The+Euro-dollar+market+and+the+United+States+balance+of+payments%3A+a+paper+presented+at+the+London+school+of+economics%2C+University+of+London%2C+London%2C+England%2C+November+17%2C+1969&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Discount policy and bank supervision T2 - (Fundamental reappraisal of the discount mechanism) (367-795) AN - 59442953; 1970-1645 AB - Considers the approach to liquidity used by examiners for the New York Federal reserve bank, and compares this approach with some other liquidity standards. JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., November 6 1968. 24+ pp. AU - Stackhouse, Benjamin Y1 - 1968/11/06/ PY - 1968 DA - 1968 Nov 06 EP - 24+ PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Banking -- Examination UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59442953?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Stackhouse%2C+Benjamin&rft.aulast=Stackhouse&rft.aufirst=Benjamin&rft.date=1968-11-06&rft.volume=&rft.issue=&rft.spage=24%2B&rft.isbn=&rft.btitle=Discount+policy+and+bank+supervision&rft.title=Discount+policy+and+bank+supervision&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. pa Single copies free N1 - Document feature - il, tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Survey of changes in family finances T2 - (Federal reserve tech. pas.) AN - 59466491; 1970-9491 AB - Data on the size and composition of consumer saving in 1963 in relation to income, net worth, and other characteristics. JF - Publications services, Division of administrative services, Board of governors of the Federal reserve system, November 1968. 321 pp. AU - Projector, Dorothy S AU - and others Y1 - 1968/11// PY - 1968 DA - November 1968 SP - 321 PB - Publications services, Division of administrative services, Board of governors of the Federal reserve system KW - Saving -- Statistics KW - Finance, Personal -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59466491?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Projector%2C+Dorothy+S%3Band+others&rft.aulast=Projector&rft.aufirst=Dorothy&rft.date=1968-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Survey+of+changes+in+family+finances&rft.title=Survey+of+changes+in+family+finances&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications services, Division of administrative services, Board of governors of the Federal reserve system, Washington, D.C. 20551. LC 68-61274 pa $1 N1 - Document feature - il, tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Federal reserve par list (locations of banks upon which checks will be received by Federal reserve banks and branches for collection and credit) AN - 59419153; 1969-2978 JF - United States. Bd. of govs. of the Federal reserve system., October 1968. 39 pp. Y1 - 1968/10// PY - 1968 DA - October 1968 SP - 39 PB - United States. Bd. of govs. of the Federal reserve system. KW - Checks -- Collection UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59419153?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1968-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+par+list+%28locations+of+banks+upon+which+checks+will+be+received+by+Federal+reserve+banks+and+branches+for+collection+and+credit%29&rft.title=Federal+reserve+par+list+%28locations+of+banks+upon+which+checks+will+be+received+by+Federal+reserve+banks+and+branches+for+collection+and+credit%29&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. Free N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Reappraisal of the Federal reserve discount mechanism: report on research undertaken in connection with a system study AN - 59433869; 1969-9177 JF - Publications services, Division of administrative services, Board of governors of the Federal reserve system, August 1968. 45 pp. AU - Shull, Bernard Y1 - 1968/08// PY - 1968 DA - August 1968 SP - 45 PB - Publications services, Division of administrative services, Board of governors of the Federal reserve system KW - Federal reserve system -- Credit policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59433869?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Shull%2C+Bernard&rft.aulast=Shull&rft.aufirst=Bernard&rft.date=1968-08-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Reappraisal+of+the+Federal+reserve+discount+mechanism%3A+report+on+research+undertaken+in+connection+with+a+system+study&rft.title=Reappraisal+of+the+Federal+reserve+discount+mechanism%3A+report+on+research+undertaken+in+connection+with+a+system+study&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications services, Division of administrative services, Board of governors of the Federal reserve system, Washington, D.C. 20551. 25c N1 - Document feature - bibl, tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Reappraisal of the Federal reserve discount mechanism: report of a system committee AN - 59473149; 1970-9399 JF - Publications services, Division of administrative services, Board of governors of the Federal reserve system, July 1968. 23 pp. Y1 - 1968/07// PY - 1968 DA - July 1968 SP - 23 PB - Publications services, Division of administrative services, Board of governors of the Federal reserve system KW - Federal reserve system -- Credit policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59473149?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1968-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Reappraisal+of+the+Federal+reserve+discount+mechanism%3A+report+of+a+system+committee&rft.title=Reappraisal+of+the+Federal+reserve+discount+mechanism%3A+report+of+a+system+committee&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications services, Division of administrative services, Board of governors of the Federal reserve system, Washington, D.C. 20551. 25c N1 - Document feature - tables, chart N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The redesigned discount mechanism and the money market T2 - (Fundamental reappraisal of the discount mechanism) AN - 59472596; 1970-9400 JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., July 1968. 29 pp. AU - Garvy, George AU - Holland, Robert C Y1 - 1968/07// PY - 1968 DA - July 1968 SP - 29 PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Federal reserve system -- Credit policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59472596?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Garvy%2C+George%3BHolland%2C+Robert+C&rft.aulast=Garvy&rft.aufirst=George&rft.date=1968-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+redesigned+discount+mechanism+and+the+money+market&rft.title=The+redesigned+discount+mechanism+and+the+money+market&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. Single copies Free N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - THE EFFECTS OF MONETARY POLICY ON EXPENDITURES IN SPECIFIC SECTORS OF THE ECONOMY AN - 18962466; 6908096 AB - THE ARTICLE TESTS THE DIFFERENT MONETARY THEORIES AGAINST AVAILABLE DATA FROM 1961 TO THE PRESENT. MONETARY POLICY APPEARS TO INFLUENCE THE ECONOMY PRIMARILY THROUGH ITS IMPACT ON SPENDING IN PARTICULAR SECTORS. THE LAGS BETWEEN CHANGES IN CREDIT AND SHIFTS IN SPENDING WERE FOUND TO BE CONSIDERABLE, ALTHOUGH VARYING AMONG SECTORS AND EFFECTED BY EXPECTATION. LEGAL AND INSTITUTIONAL FACTORS CAUSE THE DISTRIBUTION OF CREDIT AMONG THE SPENDING SECTORS TO ALTER AS SUPPLY AND DEMAND SHIFT WITH EFFECTS AS GREAT AND GREATER THAN THE AVAILABILITY AND PRICE OF CREDIT. THE ANALYSIS CONFIRMED THAT HIGHER INTEREST RATES BROUGHT CONTRACTION IN INVESTMENT. THE DECLINES REDUCED THE RATE OF EXPANSION OF INCOME AND HENCE THE RATE OF EXPANSION OF CONSUMPTION. THUS, THE ECONOMY'S DEMAND WAS HELD WITHIN THE POTENTIAL RATE OF EXPANSION OF REAL OUTPUT. DUE TO ITS DEPENDENCE ON THE SUPPLY OF INVESTMENT FUNDS, WATER RESOURCE PLANNERS ARE OFTEN EFFECTED BY MONETARY POLICY AND THIS ARTICLE SHOULD PROVE USEFUL. (MURPHY-RUTGERS) JF - JOURNAL OF POLITICAL ECONOMY VOL 76, NO 4, PART 11, PP 796-814, JULY/AUGUST 1968, 19 P, 6 TAB, 1 FIG, 4 REF. AU - Maisel, Sherman J AD - FEDERAL RESERVE SYSTEM, NEW YORK Y1 - 1968/07// PY - 1968 DA - Jul 1968 KW - Water Resources Abstracts KW - *GROSS NATIONAL PRODUCT KW - *INVESTMENT KW - INTEREST RATE KW - EXPENDITURES KW - EXPANSION KW - GROWTH RATE KW - FINANCING KW - CONSTRUCTION KW - MATHEMATICAL MODELS KW - SUPPLY KW - DEMAND KW - INDUSTRIAL PRODUCTION KW - *MONETARY POLICY KW - CREDIT KW - CONSUMPTION KW - HOUSING KW - SW 4030:Cost allocation, cost sharing, pricing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/18962466?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awaterresources&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=&rft.atitle=THE+EFFECTS+OF+MONETARY+POLICY+ON+EXPENDITURES+IN+SPECIFIC+SECTORS+OF+THE+ECONOMY&rft.au=Maisel%2C+Sherman+J&rft.aulast=Maisel&rft.aufirst=Sherman&rft.date=1968-07-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Last updated - 2011-12-14 ER - TY - BOOK T1 - Interest rate expectations: tests on yield spreads among short-term government securities T2 - (Federal reserve tech. pas.) AN - 59445356; 1970-2109 JF - Publications services, Division of administrative services, Board of governors of the Federal reserve system, June 1968. 83 pp. AU - Wendel, Helmut F Y1 - 1968/06// PY - 1968 DA - June 1968 SP - 83 PB - Publications services, Division of administrative services, Board of governors of the Federal reserve system KW - Bonds, Government -- Interest KW - Interest -- Rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59445356?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Wendel%2C+Helmut+F&rft.aulast=Wendel&rft.aufirst=Helmut&rft.date=1968-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Interest+rate+expectations%3A+tests+on+yield+spreads+among+short-term+government+securities&rft.title=Interest+rate+expectations%3A+tests+on+yield+spreads+among+short-term+government+securities&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications services, Division of administrative services, Board of governors of the Federal reserve system, Washington, D.C. 20551. LC 68-61275 pa 50c N1 - Document feature - bibl, tables, charts N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - ALTERNATIVE FEDERAL POLICIES FOR STIMULATING STATE AND LOCAL EXPENDITURES: A COMPARISON OF THEIR EFFECTS AN - 18967808; 7002005 AB - THIS PAPER COMPARES THE EFFECTS OF SEVERAL ALTERNATIVE FEDERAL POLICIES, EITHER IN EXISTENCE OR UNDER DISCUSSION, WHICH INFLUENCE THE BUDGETS OF STATES AND LOCALITIES. THE POLICIES INCLUDE THREE KINDS OF GRANTS: MATCHING; GRANTS-IN-AID; UNCONDITIONAL BLOC GRANTS; AND BLOC GRANTS CONDITIONED WITH EFFORT FORMULAS; ALONG WITH MONETARY POLICY; FEDERAL PERSONAL TAX REDUCTIONS AND INCOME TAX CREDIT. THE BASIS OF THE PAPER IS A UTILITY MAXIMIZATION ANALYSIS FOR STATE AND LOCAL GOVERNMENTS. THE FIRST SECTION OF THE PAPER SETS OUT THE UTILITY ANALYSIS AND SHOWS HOW ALTERNATIVE POLICIES WOULD ENTER INTO THE SECOND SECTION USES STATISTICAL ESTIMATES OF THE RELEVANT PARAMETERS TO GIVE QUANTITATIVE MEASURES OF THE STATE AND LOCAL RESPONSE TO FEDERAL POLICIES. THIS ARTICLE HAS RELEVANT TO THE WATER RESOURCE AREA DUE TO THE INCREASING NUMBER OF STIMULATIVE GRANTS BY THE FEDERAL GOVERNMENT TO STATES AND LOCALITIES IN THIS FIELD. (MURPHY-RUTGERS) JF - NATIONAL TAX JOURNAL, VOL XXI, NO 2, P 119-129, JUNE 1968. 11 P, 2 TAB. AU - Gramlich, Edward M AD - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, N.Y Y1 - 1968/06// PY - 1968 DA - Jun 1968 KW - Water Resources Abstracts KW - *GOVERNMENT KW - *ECONOMICS KW - FEDERAL GOVERNMENT KW - STATE GOVERNMENT KW - LOCAL GOVERNMENT KW - BUDGETING KW - GOVERNMENT SUPPORTS KW - TAXES KW - STATISTICS KW - INTEREST RATE KW - MODEL STUDIES KW - CAPITAL KW - INCOME ANALYSIS KW - *EXPENDITURES KW - *GRANTS-IN-AID KW - *BLOC GRANTS KW - UTILITY ANALYSIS KW - FISCAL POLICY KW - MONETARY POLICY KW - SW 4030:Cost allocation, cost sharing, pricing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/18967808?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awaterresources&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=&rft.atitle=ALTERNATIVE+FEDERAL+POLICIES+FOR+STIMULATING+STATE+AND+LOCAL+EXPENDITURES%3A+A+COMPARISON+OF+THEIR+EFFECTS&rft.au=Gramlich%2C+Edward+M&rft.aulast=Gramlich&rft.aufirst=Edward&rft.date=1968-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Last updated - 2011-12-14 ER - TY - BOOK T1 - Some proposals for a reform of the discount window T2 - (369-795) (Fundamental reappraisal of the discount mechanism) AN - 59470415; 1970-7285 AB - Contents: Proposed devices to improve Federal reserve control over the money supply while permitting unrestricted use of the window; Proposal for special borrowing facilities aimed at improving the spatial allocation of bank credit. JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., April 1968. 40 pp. AU - Modigliani, Franco Y1 - 1968/04// PY - 1968 DA - April 1968 SP - 40 PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Discount UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59470415?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Modigliani%2C+Franco&rft.aulast=Modigliani&rft.aufirst=Franco&rft.date=1968-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Some+proposals+for+a+reform+of+the+discount+window&rft.title=Some+proposals+for+a+reform+of+the+discount+window&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. Single copies free N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - PROBLEMS OF BIAS IN INPUT PRICING FOR BENEFIT COST ANALYSIS: A REPLY AN - 18949854; 6903128 AB - PROFESSOR SOLO'S COMMENT HAS AN UNUSUALLY BROAD DEFINITION OF EXTERNALITIES, WHICH INCLUDES BOTH THE USUAL ASPECTS OF THE TERM AND CONSUMER SURPLUS. HAVING COMBINED CONSUMER SURPLUS AND VARIOUS 'DISTANT AND DIFFUSED' EXTERNALITIES IN ONE CATEGORY, PROFESSOR SOLO SUGGESTS THAT BECAUSE IT IS IMPOSSIBLE TO ALLOW FOR ALL EXTERNALITIES, THE EXCLUSION OF CONSUMER SURPLUS ASPECT OF COSTS DOES NOT CREATE A BIAS. THE ANSWER TO THIS ARGUMENT IS BASICALLY ONE OF SYMMETRY; EXCLUSION DOES CREATE A BIAS BECAUSE THE CONSUMER SURPLUS ASPECT OF THE BENEFITS IS INCLUDED. SINCE THE COSTS OF A PROJECT ARE THE BENEFITS THAT COULD HAVE BEEN DERIVED FROM ALTERNATIVE USES OF THE RESOURCES, THERE IS A THEORETICAL COMPARABILITY BETWEEN ITEMS ON THE TWO SIDES OF A BENEFIT-COST RATIO; AS A MINIMUM, THEREFORE, THE USE OF BENEFIT-COST ANALYSIS WOULD REQUIRE ALLOWANCE FOR COSTS WHICH ARE ANALOGOUS TO INCLUDE BENEFITS. (SOKOLOFF-RUTGERS) JF - SOUTHERN ECON JOUR, VOL XXXIV, NO 4, P 571, APRIL 1968. 1 P. AU - Dunn, Robert M AD - FEDERAL RESERVE SYSTEM, WASHINGTON, D. C Y1 - 1968/04// PY - 1968 DA - Apr 1968 KW - Water Resources Abstracts KW - *COST-BENEFIT ANALYSIS KW - MARGINAL PRODUCTIVITY KW - MARGINAL INCOME KW - *INPUT PRICING KW - PRODUCER SURPLUS KW - *CONSUMER SURPLUS KW - *EXTERNALITIES KW - FACTOR COSTS KW - ALTERNATIVE USES KW - SW 4020:Evaluation process UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/18949854?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Awaterresources&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=&rft.atitle=PROBLEMS+OF+BIAS+IN+INPUT+PRICING+FOR+BENEFIT+COST+ANALYSIS%3A+A+REPLY&rft.au=Dunn%2C+Robert+M&rft.aulast=Dunn&rft.aufirst=Robert&rft.date=1968-04-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Environmental Science Collection N1 - Last updated - 2011-12-14 ER - TY - BOOK T1 - Discount policy and open market operations T2 - (366-795) (Fundamental reappraisal of the discount mechanism) AN - 59465603; 1970-7282 JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., February 26 1968. 23 pp. AU - Meek, Paul Y1 - 1968/02/26/ PY - 1968 DA - 1968 Feb 26 SP - 23 PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Discount UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59465603?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Meek%2C+Paul&rft.aulast=Meek&rft.aufirst=Paul&rft.date=1968-02-26&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Discount+policy+and+open+market+operations&rft.title=Discount+policy+and+open+market+operations&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. Single copies free N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Flow of funds accounts, 1945-1967: annual total flows and year-end assets and liabilities AN - 59398779; 1968-8998 JF - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. Flow-of-funds sect., February 1968. 47+186 pp. Y1 - 1968/02// PY - 1968 DA - February 1968 EP - 47+186 PB - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. Flow-of-funds sect. KW - Flow-of-funds accounts UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59398779?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1968-02-01&rft.volume=&rft.issue=&rft.spage=47%2B186&rft.isbn=&rft.btitle=Flow+of+funds+accounts%2C+1945-1967%3A+annual+total+flows+and+year-end+assets+and+liabilities&rft.title=Flow+of+funds+accounts%2C+1945-1967%3A+annual+total+flows+and+year-end+assets+and+liabilities&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. Flow-of-funds sect. Washington, D.C. 20551. pa N1 - Document feature - bibl, tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The discount mechanism in leading industrial countries since World War II T2 - (363-795) (Fundamental reappraisal of the discount mechanism) AN - 59468518; 1970-7283 AB - Discount policies and techniques used; emphasis on the role of discounting as a tool of monetary policy and on techniques rather than results. JF - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism., 1968. 216 pp. AU - Garvy, George Y1 - 1968///0, PY - 1968 DA - 0, 1968 SP - 216 PB - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. KW - Discount KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59468518?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Garvy%2C+George&rft.aulast=Garvy&rft.aufirst=George&rft.date=1968-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+discount+mechanism+in+leading+industrial+countries+since+World+War+II&rft.title=The+discount+mechanism+in+leading+industrial+countries+since+World+War+II&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Steering com. for the fundamental reappraisal of the discount mechanism. Washington, D.C. 20551. pa Single copies free N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to, Banking & monetary statistics: sect. 2, Member banks AN - 59380910; 1968-1924 JF - United States. Bd. of govs. of the Federal reserve system., December 1967. 59 pp. Y1 - 1967/12// PY - 1967 DA - December 1967 SP - 59 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banking -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59380910?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1967-12-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+2%2C+Member+banks&rft.title=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+2%2C+Member+banks&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 20th st. and Constitution av. N.W., Washington, D.C. 20551. pa 50c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - JOUR T1 - INTERNATIONAL OPERATIONS OF U.S. BANKS: GROWTH AND PUBLIC POLICY IMPLICATIONS AN - 60633139; 68D1574 AB - Attention is called to the growth of the internat'l operations of US commercial banks as one of the major changes in the banking industry in the last decade. The evolution of these internat'l banking activities is traced, noting the impetus given by the growth in foreign investments of US Corp's & the competitive forces at work leading to a widening circle of US banks engaged in internat'l operations. A description is provided of (1) the principal characteristics of internat'l lending done at domestic offices, (2) the construction of world-wide branch networks by 3 banks & the nature of foreign branch activities, esp in London, & (3) the use of subsidiary 'edge' & 'agreement' Corp's for the establishment of foreign subsidiary banks, affiliations with foreign banks & other foreign financial instit's, & for banks outside New York, a New York office in which to conduct part of their internat'l business. The legal & regulatory framework governing the internat'l operations of banks is examined. Changes in the statutory framework in the past half cent are found to have been minor, but a relaxation in regulatory requirements in the past decade is noted. The need for greater supervisory attention to these expanded activities for their impact on the domestic banking system is emphasized. The adequacy of bank examinations of these operations is questioned, given the present fragmentation of supervisory authority. 2 unsettled problems of regulatory policy are discussed relating to supervision of foreign subsidiaries & activities in the US of 'edge' Corp's & their affiliates. AA. JF - Law and Contemporary Problems AU - Dahl, Frederick R AD - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, WASHINGTON, DC Y1 - 1967/01// PY - 1967 DA - January 1967 SP - 100 EP - 130 VL - 32 IS - 1 SN - 0023-9186, 0023-9186 KW - BANK : US, INTERNATIONAL OPERATIONS OF KW - GROWTH : RE US BANKS, INTERNATIONAL OPERATIONS OF KW - INDUSTRY : BANKING, US KW - INTERNATIONAL : OPERATIONS OF US BANKS KW - Growth KW - Industry/Industries KW - International KW - Bank/Banks/Banking KW - article KW - 0715: social change and economic development; social change & economic development UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/60633139?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Asocabs&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=Law+and+Contemporary+Problems&rft.atitle=INTERNATIONAL+OPERATIONS+OF+U.S.+BANKS%3A+GROWTH+AND+PUBLIC+POLICY+IMPLICATIONS&rft.au=Dahl%2C+Frederick+R&rft.aulast=Dahl&rft.aufirst=Frederick&rft.date=1967-01-01&rft.volume=32&rft.issue=1&rft.spage=100&rft.isbn=&rft.btitle=&rft.title=Law+and+Contemporary+Problems&rft.issn=00239186&rft_id=info:doi/ LA - English DB - Sociological Abstracts N1 - Date revised - 2007-04-01 N1 - Last updated - 2016-09-28 N1 - CODEN - LCTPA5 N1 - SubjectsTermNotLitGenreText - Bank/Banks/Banking; Growth; Industry/Industries; International ER - TY - BOOK T1 - Historical chart book, 1967 AN - 59369880; 1968-24667 JF - United States. Bd. of govs. of the Federal reserve system., 1967. 123 pp. Y1 - 1967///0, PY - 1967 DA - 0, 1967 SP - 123 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59369880?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1967-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1967&rft.title=Historical+chart+book%2C+1967&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa Included in subscription to the Federal Reserve Chart Book: separately, U.S., U.S. possessions, Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to Banking & monetary statistics: sect. 5, Bank debits AN - 59347777; 1967-1737 JF - United States. Bd. of govs. of the Federal reserve system., November 1966. 36 pp. Y1 - 1966/11// PY - 1966 DA - November 1966 SP - 36 PB - United States. Bd. of govs. of the Federal reserve system. KW - Bank deposits -- Statistics KW - Bank debits -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59347777?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1966-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to+Banking+%26+monetary+statistics%3A+sect.+5%2C+Bank+debits&rft.title=Supplement+to+Banking+%26+monetary+statistics%3A+sect.+5%2C+Bank+debits&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 20th st. and Constitution av., N.W., Washington, D.C. 20551. 35c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Industrial production indexes, 1961-1965 AN - 59322405; 1967-11744 JF - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis., November 1966. 36 pp. Y1 - 1966/11// PY - 1966 DA - November 1966 SP - 36 PB - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. KW - Index numbers KW - Production -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59322405?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1966-11-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Industrial+production+indexes%2C+1961-1965&rft.title=Industrial+production+indexes%2C+1961-1965&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. 20th st. and Constitution av., N.W., Washington, D.C. 20551. N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Flow-of-funds: assets and liabilities, 1945-65 T2 - (F/F levels) AN - 59360702; 1967-9492 JF - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis., October 20 1966. 42 pp. Y1 - 1966/10/20/ PY - 1966 DA - 1966 Oct 20 SP - 42 PB - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. KW - Flow-of-funds accounts UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59360702?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1966-10-20&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Flow-of-funds%3A+assets+and+liabilities%2C+1945-65&rft.title=Flow-of-funds%3A+assets+and+liabilities%2C+1945-65&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Div. of research and statis. Washington, D.C. 20551. N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Historical chart book, 1966 AN - 59345681; 1967-2724 AB - Long-range charts that supplement the monthly Federal Reserve Chart Book on financial and business statistics. JF - United States. Bd. of govs. of the Federal reserve system., 1966. 122 pp. Y1 - 1966///0, PY - 1966 DA - 0, 1966 SP - 122 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59345681?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1966-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1966&rft.title=Historical+chart+book%2C+1966&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to, Banking & monetary statistics: sect. 6, Bank income AN - 59334911; 1967-1870 JF - United States. Bd. of govs. of the Federal reserve system., 1966. 29 pp. Y1 - 1966///0, PY - 1966 DA - 0, 1966 SP - 29 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banking -- Finance UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59334911?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1966-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+6%2C+Bank+income&rft.title=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+6%2C+Bank+income&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 20th st. and Constitution av., N.W., Washington, D.C. 20551. 35c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Merchant and dealer credit in agriculture: data from the 1960 Sample survey of agriculture AN - 59311459; 1966-431 AB - Among the sources of non-real-estate credit, merchants and dealers still rank first in the number of farmers financed. JF - United States. Bd. of govs. of the Federal reserve system., 1966. 70+40 pp. AU - Morelle, Willelyn AU - and others Y1 - 1966///0, PY - 1966 DA - 0, 1966 EP - 70+40 PB - United States. Bd. of govs. of the Federal reserve system. KW - Agricultural credit UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59311459?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Morelle%2C+Willelyn%3Band+others&rft.aulast=Morelle&rft.aufirst=Willelyn&rft.date=1966-01-01&rft.volume=&rft.issue=&rft.spage=70%2B40&rft.isbn=&rft.btitle=Merchant+and+dealer+credit+in+agriculture%3A+data+from+the+1960+Sample+survey+of+agriculture&rft.title=Merchant+and+dealer+credit+in+agriculture%3A+data+from+the+1960+Sample+survey+of+agriculture&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa $1 N1 - Document feature - bibl, tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - U.S. Treasury advance refunding, June 1960-July 1964 T2 - (Federal reserve tech. pas.) AN - 59309615; 1966-2277 JF - Board of governors of the Federal reserve system, 1966. 65 pp. AU - Beard, Thomas R Y1 - 1966///0, PY - 1966 DA - 0, 1966 SP - 65 PB - Board of governors of the Federal reserve system KW - Bonds, Government -- Refunding UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59309615?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Beard%2C+Thomas+R&rft.aulast=Beard&rft.aufirst=Thomas&rft.date=1966-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=U.S.+Treasury+advance+refunding%2C+June+1960-July+1964&rft.title=U.S.+Treasury+advance+refunding%2C+June+1960-July+1964&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Board of governors of the Federal reserve system, Publications services, Division of administrative services, Washington, D.C. 20551. LC 66-60023 pa 50c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to, Banking & monetary statistics: sect. 12, Money rates and securities markets AN - 59292716; 1966-12444 JF - United States. Bd. of govs. of the Federal reserve system., January 1966. vi+182 pp. Y1 - 1966/01// PY - 1966 DA - January 1966 EP - vi+182 PB - United States. Bd. of govs. of the Federal reserve system. KW - Interest -- Rates KW - Securities -- Marketing UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59292716?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1966-01-01&rft.volume=&rft.issue=&rft.spage=vi%2B182&rft.isbn=&rft.btitle=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+12%2C+Money+rates+and+securities+markets&rft.title=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+12%2C+Money+rates+and+securities+markets&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. pa 65c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to, Banking & monetary statistics: sect. 9, Federal reserve banks AN - 59318937; 1966-8954 JF - Superintendent of Documents, December 1965. iv+36 pp. Y1 - 1965/12// PY - 1965 DA - December 1965 EP - iv+36 PB - Superintendent of Documents KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59318937?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1965-12-01&rft.volume=&rft.issue=&rft.spage=iv%2B36&rft.isbn=&rft.btitle=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+9%2C+Federal+reserve+banks&rft.title=Supplement+to%2C+Banking+%26+monetary+statistics%3A+sect.+9%2C+Federal+reserve+banks&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Supt. docs. 35c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - NEWS T1 - Acheson's Contributions Reflected in Autobiography AN - 142591059 AB - UNDER AN ENGAGING TITLE, Dean Acheson has written a charming account of his early and middle years--from joyous childhood in the Connecticut Valley in the golden 1890s to somber duty in the State Department as Assistant Secretary for Economic Affairs in war-shadowed 1941. JF - The Washington Post, Times Herald (1959-1973) AU - Reviewed by William McChesney Martin Jr. Chairman of The Federal Reserve System Y1 - 1965/10/26/ PY - 1965 DA - 1965 Oct 26 SP - 1 CY - Washington, D.C. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/142591059?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ahnpwashingtonpost&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=The+Washington+Post%2C+Times+Herald+%281959-1973%29&rft.atitle=Acheson%27s+Contributions+Reflected+in+Autobiography&rft.au=Reviewed+by+William+McChesney+Martin+Jr.+Chairman+of+The+Federal+Reserve+System&rft.aulast=Reviewed+by+William+McChesney+Martin+Jr.+Chairman+of+The+Federal+Reserve+System&rft.aufirst=&rft.date=1965-10-26&rft.volume=&rft.issue=&rft.spage=A18&rft.isbn=&rft.btitle=&rft.title=The+Washington+Post%2C+Times+Herald+%281959-1973%29&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Historical Newspapers: The Washington Post N1 - Copyright - Copyright The Washington Post Company Oct 26, 1965 N1 - Last updated - 2010-07-15 ER - TY - BOOK T1 - Supplement to Banking & monetary statistics: sect. 16 (new), Consumer credit AN - 59315098; 1966-5060 JF - United States. Bd. of govs. of the Federal reserve system., 1965. 103 pp. Y1 - 1965///0, PY - 1965 DA - 0, 1965 SP - 103 PB - United States. Bd. of govs. of the Federal reserve system. KW - Consumer credit UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59315098?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1965-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to+Banking+%26+monetary+statistics%3A+sect.+16+%28new%29%2C+Consumer+credit&rft.title=Supplement+to+Banking+%26+monetary+statistics%3A+sect.+16+%28new%29%2C+Consumer+credit&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa 65c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Historical chart book, 1965 AN - 59310482; 1966-2710 JF - United States. Bd. of govs. of the Federal reserve system., 1965. 122 pp. Y1 - 1965///0, PY - 1965 DA - 0, 1965 SP - 122 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Business conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59310482?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1965-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Historical+chart+book%2C+1965&rft.title=Historical+chart+book%2C+1965&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. pa Included in subscription to the Federal Reserve Chart Book; separately, U.S., Can. and certain Latin Am. countries 60c; elsewhere 70c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Farm debt: data from the 1960 sample survey of agriculture AN - 59289146; 1965-619 JF - Publications services, Division of administrative services, Board of governors of the Federal reserve system, 1964. 36+185 pp. Y1 - 1964///0, PY - 1964 DA - 0, 1964 EP - 36+185 PB - Publications services, Division of administrative services, Board of governors of the Federal reserve system KW - Agriculture -- Finance -- Statistics KW - Debts, Agricultural UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59289146?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1964-01-01&rft.volume=&rft.issue=&rft.spage=36%2B185&rft.isbn=&rft.btitle=Farm+debt%3A+data+from+the+1960+sample+survey+of+agriculture&rft.title=Farm+debt%3A+data+from+the+1960+sample+survey+of+agriculture&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Publications services, Division of administrative services, Board of governors of the Federal reserve system, Washington, D.C. 20551. (processed); pa $1 N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Federal reserve historical chart book, 1964 AN - 59278445; 1965-2688 JF - United States. Bd. of govs. of the Federal reserve system., 1964. 122 pp. Y1 - 1964///0, PY - 1964 DA - 0, 1964 SP - 122 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics KW - Business Conditions -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59278445?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1964-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+historical+chart+book%2C+1964&rft.title=Federal+reserve+historical+chart+book%2C+1964&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington, D.C. 20551. (processed) pa Included in subscription to Federal Reserve Chart Book; separately 60c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Flow of funds accounts, 1945-62: 1963 supplement AN - 59225812; 1964-16324 AB - Covers year-end assets and liabilities, 1945-62; annual flows, 1946-62; seasonally adjusted quarterly flows, 1952-62. JF - United States. Bd. of govs. of the Federal reserve system., 1964. viii+222 pp. Y1 - 1964///0, PY - 1964 DA - 0, 1964 EP - viii+222 PB - United States. Bd. of govs. of the Federal reserve system. KW - Money -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59225812?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1964-01-01&rft.volume=&rft.issue=&rft.spage=viii%2B222&rft.isbn=&rft.btitle=Flow+of+funds+accounts%2C+1945-62%3A+1963+supplement&rft.title=Flow+of+funds+accounts%2C+1945-62%3A+1963+supplement&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (processed) N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Industrial production measurement in the United States: concept, uses, and compilation practices; reply to an inquiry from the Economic Commission for Europe AN - 37784319; 118596b JF - Industrial production measurement in the United States: concept, uses, and compilation practices; reply to an inquiry from the Economic Commission for Europe AU - United States AU - Board of Governors of the Federal Reserve System Y1 - 1964 PY - 1964 DA - 1964 SP - 50 PB - Washington KW - Economics KW - Measurement KW - U.S.A. KW - Productivity UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37784319?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System&rft.aulast=United+States&rft.aufirst=&rft.date=1964-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Industrial+production+measurement+in+the+United+States%3A+concept%2C+uses%2C+and+compilation+practices%3B+reply+to+an+inquiry+from+the+Economic+Commission+for+Europe&rft.title=Industrial+production+measurement+in+the+United+States%3A+concept%2C+uses%2C+and+compilation+practices%3B+reply+to+an+inquiry+from+the+Economic+Commission+for+Europe&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Supplement to: Banking & monetary statistics: sect. 11, Currency AN - 59181054; 1963-16649 AB - Chiefly tables showing the kinds of currency in circulation 1941-61. JF - United States. Bd. of govs. of the Federal reserve system., February 1963. 11 pp. Y1 - 1963/02// PY - 1963 DA - February 1963 SP - 11 PB - United States. Bd. of govs. of the Federal reserve system. KW - Money -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59181054?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1963-02-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to%3A+Banking+%26+monetary+statistics%3A+sect.+11%2C+Currency&rft.title=Supplement+to%3A+Banking+%26+monetary+statistics%3A+sect.+11%2C+Currency&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 35c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The Federal Reserve and the Treasury: answers to questions from the Commission on Money and Credit AN - 37829479; 189904b JF - The Federal Reserve and the Treasury: answers to questions from the Commission on Money and Credit AU - United States AU - Board of Governors of the Federal Reserve System Y1 - 1963 PY - 1963 DA - 1963 SP - 275 PB - Prentice-Hall KW - Economics KW - Government policy KW - U.S.A. KW - Aggregate demand KW - Monetary policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37829479?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System&rft.aulast=United+States&rft.aufirst=&rft.date=1963-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+Federal+Reserve+and+the+Treasury%3A+answers+to+questions+from+the+Commission+on+Money+and+Credit&rft.title=The+Federal+Reserve+and+the+Treasury%3A+answers+to+questions+from+the+Commission+on+Money+and+Credit&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Supplement to "Banking & monetary statistics": sect. 1, Banks and the monetary system AN - 59205877; 1963-2014 JF - United States. Bd. of govs. of the Federal reserve system., October 1962. 35 pp. Y1 - 1962/10// PY - 1962 DA - October 1962 SP - 35 PB - United States. Bd. of govs. of the Federal reserve system. KW - Money -- United States KW - Banking -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59205877?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1962-10-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to+%22Banking+%26+monetary+statistics%22%3A+sect.+1%2C+Banks+and+the+monetary+system&rft.title=Supplement+to+%22Banking+%26+monetary+statistics%22%3A+sect.+1%2C+Banks+and+the+monetary+system&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington 25, D.C. 35c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to: Banking & monetary statistics: sect. 15, International finance AN - 59157643; 1962-1920 AB - Contents: International capital transactions of the United States; Money and exchange rates of foreign countries. JF - United States. Bd. of govs. of the Federal reserve system., March 1962. 92 pp. Y1 - 1962/03// PY - 1962 DA - March 1962 SP - 92 PB - United States. Bd. of govs. of the Federal reserve system. KW - Balance of payments -- United States -- Statistics KW - Exchange, Foreign -- Rates UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59157643?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1962-03-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to%3A+Banking+%26+monetary+statistics%3A+sect.+15%2C+International+finance&rft.title=Supplement+to%3A+Banking+%26+monetary+statistics%3A+sect.+15%2C+International+finance&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. pa 65c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Operation of the monetary system in the U.S.A.: memorandum submitted at the request of the Royal commission on banking and finance, Ottawa, Canada, by Woodlief Thomas, adviser to the Board of governors of the Federal reserve system, Washington, D.C. U.S.A., May, 1962 AN - 59222684; 1963-9271 AB - Contents: Differences between financial systems: Broad objectives of monetary policy; Instruments of Federal reserve policy; Guides to and effectiveness of Federal reserve actions; International considerations in determination of Federal reserve policies; Organization and executive personnel of the Federal reserve system. JF - United States. Bd. of govs. of the Federal reserve system., 1962. xi+77 pp. AU - Thomas, Woodlief Y1 - 1962///0, PY - 1962 DA - 0, 1962 EP - xi+77 PB - United States. Bd. of govs. of the Federal reserve system. KW - Money -- United States KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59222684?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Thomas%2C+Woodlief&rft.aulast=Thomas&rft.aufirst=Woodlief&rft.date=1962-01-01&rft.volume=&rft.issue=&rft.spage=xi%2B77&rft.isbn=&rft.btitle=Operation+of+the+monetary+system+in+the+U.S.A.%3A+memorandum+submitted+at+the+request+of+the+Royal+commission+on+banking+and+finance%2C+Ottawa%2C+Canada%2C+by+Woodlief+Thomas%2C+adviser+to+the+Board+of+governors+of+the+Federal+reserve+system%2C+Washington%2C+D.C.+U.S.A.%2C+May%2C+1962&rft.title=Operation+of+the+monetary+system+in+the+U.S.A.%3A+memorandum+submitted+at+the+request+of+the+Royal+commission+on+banking+and+finance%2C+Ottawa%2C+Canada%2C+by+Woodlief+Thomas%2C+adviser+to+the+Board+of+governors+of+the+Federal+reserve+system%2C+Washington%2C+D.C.+U.S.A.%2C+May%2C+1962&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (mim.); pa N1 - Document feature - bibl N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Federal reserve historical chart book, 1962 AN - 59200827; 1963-25050 JF - United States. Bd. of govs. of the Federal reserve system., 1962. 120 pp. Y1 - 1962///0, PY - 1962 DA - 0, 1962 SP - 120 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59200827?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1962-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+historical+chart+book%2C+1962&rft.title=Federal+reserve+historical+chart+book%2C+1962&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (processed); pa Included in subscription to Federal Reserve Chart Book; separately, 60c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Industrial production, 1957-59 base AN - 59189756; 1963-19596 JF - United States. Bd. of govs. of the Federal reserve system., 1962. 11+160 pp. Y1 - 1962///0, PY - 1962 DA - 0, 1962 EP - 11+160 PB - United States. Bd. of govs. of the Federal reserve system. KW - Production -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59189756?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1962-01-01&rft.volume=&rft.issue=&rft.spage=11%2B160&rft.isbn=&rft.btitle=Industrial+production%2C+1957-59+base&rft.title=Industrial+production%2C+1957-59+base&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Washington 25, D.C. (processed); pa $1 N1 - Document feature - tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to Banking & monetary statistics: sect. 14. Gold AN - 59187039; 1963-10199 JF - United States. Bd. of govs. of the Federal reserve system., 1962. 24 pp. Y1 - 1962///0, PY - 1962 DA - 0, 1962 SP - 24 PB - United States. Bd. of govs. of the Federal reserve system. KW - Gold as money UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59187039?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1962-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to+Banking+%26+monetary+statistics%3A+sect.+14.+Gold&rft.title=Supplement+to+Banking+%26+monetary+statistics%3A+sect.+14.+Gold&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. 35c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Supplement to: Banking & monetary statistics: sect. 10. Member bank reserves and related items AN - 59158036; 1962-2032 AB - Current figures are published monthly in the Federal Reserve Bulletin. JF - United States. Bd. of govs. of the Federal reserve system., January 1962. 64 pp. Y1 - 1962/01// PY - 1962 DA - January 1962 SP - 64 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banking -- Reserves -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59158036?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1962-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Supplement+to%3A+Banking+%26+monetary+statistics%3A+sect.+10.+Member+bank+reserves+and+related+items&rft.title=Supplement+to%3A+Banking+%26+monetary+statistics%3A+sect.+10.+Member+bank+reserves+and+related+items&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. pa 50c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Industrial production chart book: 1959 revision AN - 59190090; 1963-19597 AB - Covers 1947-mid-1960. JF - Division of administrative services, Board of governors of the Federal reserve system, 1961. 210 pp. Y1 - 1961///0, PY - 1961 DA - 0, 1961 SP - 210 PB - Division of administrative services, Board of governors of the Federal reserve system KW - Production -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59190090?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1961-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Industrial+production+chart+book%3A+1959+revision&rft.title=Industrial+production+chart+book%3A+1959+revision&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Division of administrative services, Board of governors of the Federal reserve system, Washington 25, D.C. pa Single copies $1.75 N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Published interpretations: compiled under the direction of the board as of January 1, 1961 AN - 59176911; 1962-8889 AB - Compilation of interpretations that are currently in effect and appear to have present-day significance. Contents: Federal reserve banks; Member banks; Foreign operations; Margin requirements; Holding companies. JF - United States. Bd. of govs. of the Federal reserve system. Legal div., 1961. xii+719 pp. Y1 - 1961///0, PY - 1961 DA - 0, 1961 EP - xii+719 PB - United States. Bd. of govs. of the Federal reserve system. Legal div. KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59176911?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1961-01-01&rft.volume=&rft.issue=&rft.spage=xii%2B719&rft.isbn=&rft.btitle=Published+interpretations%3A+compiled+under+the+direction+of+the+board+as+of+January+1%2C+1961&rft.title=Published+interpretations%3A+compiled+under+the+direction+of+the+board+as+of+January+1%2C+1961&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. Legal div. (loose-leaf) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Federal reserve historical chart book, 1961 AN - 59174728; 1962-2114 JF - United States. Bd. of govs. of the Federal reserve system., 1961. 120 pp. Y1 - 1961///0, PY - 1961 DA - 0, 1961 SP - 120 PB - United States. Bd. of govs. of the Federal reserve system. KW - United States -- Economic conditions -- Statistics KW - Banking -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59174728?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1961-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+historical+chart+book%2C+1961&rft.title=Federal+reserve+historical+chart+book%2C+1961&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (processed) pa Single copies 60c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The Federal Reserve System, purposes and functions AN - 37713206; 8396b JF - The Federal Reserve System, purposes and functions AU - Board of Governors of the Federal Reserve System Y1 - 1961 PY - 1961 DA - 1961 EP - xvi + 238 PB - Washington KW - Economics KW - Treasury and Federal Reserve KW - Credit KW - U.S.A. KW - Banking UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37713206?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Board+of+Governors+of+the+Federal+Reserve+System&rft.aulast=Board+of+Governors+of+the+Federal+Reserve+System&rft.aufirst=&rft.date=1961-01-01&rft.volume=&rft.issue=&rft.spage=xvi+%2B+238&rft.isbn=&rft.btitle=The+Federal+Reserve+System%2C+purposes+and+functions&rft.title=The+Federal+Reserve+System%2C+purposes+and+functions&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Reviewed: C.A. MATTHEWS, Amer. econ. R. 51(4), Sept. 61: 741-742 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Industrial production. 1959 revision AN - 37712871; 7202b JF - Industrial production. 1959 revision AU - United States AU - Board of Governors of the Federal Reserve System Y1 - 1960 PY - 1960 DA - 1960 SP - 154 PB - Washington KW - Economics KW - Industrial production KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37712871?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System&rft.aulast=United+States&rft.aufirst=&rft.date=1960-01-01&rft.volume=&rft.issue=&rft.spage=vi+%2B+75&rft.isbn=&rft.btitle=Industrial+production.+1959+revision&rft.title=Industrial+production.+1959+revision&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - USA N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Monetary policy decision-making AN - 59033484; 1959-16272 AB - Address before the Western assembly on U.S. monetary policy, Lake Arrowhead conference center, Cal., May 29, 1959. JF - United States. Bd. of govs. of the Federal reserve system., May 29 1959. 10 pp. AU - Balderston, C Canby Y1 - 1959/05/29/ PY - 1959 DA - 1959 May 29 SP - 10 PB - United States. Bd. of govs. of the Federal reserve system. KW - Money -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59033484?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Balderston%2C+C+Canby&rft.aulast=Balderston&rft.aufirst=C&rft.date=1959-05-29&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Monetary+policy+decision-making&rft.title=Monetary+policy+decision-making&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (processed) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The federal funds market: a study by a Federal reserve system committee T2 - (Federal reserve tech. pas.) AN - 59043920; 1959-2041 AB - Borrowing by banks from excess reserves of other banks, in order to adjust their own reserve positions. JF - United States. Bd. of govs. of the federal reserve system., May 1959. vii+111 pp. Y1 - 1959/05// PY - 1959 DA - May 1959 EP - vii+111 PB - United States. Bd. of govs. of the federal reserve system. KW - Banking -- Reserves KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59043920?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1959-05-01&rft.volume=&rft.issue=&rft.spage=vii%2B111&rft.isbn=&rft.btitle=The+federal+funds+market%3A+a+study+by+a+Federal+reserve+system+committee&rft.title=The+federal+funds+market%3A+a+study+by+a+Federal+reserve+system+committee&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. LC 59-60040 pa $1 N1 - Document feature - bibl, tables, charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Debits and clearings statistics and their use T2 - (Federal reserve tech. pas.) AN - 59039078; 1959-1963 JF - United States. Bd. of govs. of the Federal reserve system., May 1959. ix+144 pp. AU - Garvy, George Y1 - 1959/05// PY - 1959 DA - May 1959 EP - ix+144 PB - United States. Bd. of govs. of the Federal reserve system. KW - Bank debits KW - Bank clearings UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59039078?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Garvy%2C+George&rft.aulast=Garvy&rft.aufirst=George&rft.date=1959-05-01&rft.volume=&rft.issue=&rft.spage=ix%2B144&rft.isbn=&rft.btitle=Debits+and+clearings+statistics+and+their+use&rft.title=Debits+and+clearings+statistics+and+their+use&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. LC 59-60041 pa Single copies free to teachers and libraries; others $1 N1 - Document feature - bibl, tables, charts N1 - SuppNotes - rev ed N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - All-bank statistics, United States, 1896-1955 AN - 59037680; 1959-2131 JF - United States. Bd. of govs. of the Federal reserve system., April 1959. vii+1229 pp. Y1 - 1959/04// PY - 1959 DA - April 1959 EP - vii+1229 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banking -- United States -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59037680?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1959-04-01&rft.volume=&rft.issue=&rft.spage=vii%2B1229&rft.isbn=&rft.btitle=All-bank+statistics%2C+United+States%2C+1896-1955&rft.title=All-bank+statistics%2C+United+States%2C+1896-1955&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. LC 58-60050 (processed) pa $4 N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The role of monetary policy in an expanding economy AN - 59031059; 1959-16273 AB - Address before the Fraternal investment association, French Lick, Ind., June 3, 1959. JF - United States. Bd. of govs. of the Federal reserve system., 1959. 13 pp. AU - Szymczak, M S Y1 - 1959///0, PY - 1959 DA - 0, 1959 SP - 13 PB - United States. Bd. of govs. of the Federal reserve system. KW - Money -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59031059?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Szymczak%2C+M+S&rft.aulast=Szymczak&rft.aufirst=M&rft.date=1959-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+role+of+monetary+policy+in+an+expanding+economy&rft.title=The+role+of+monetary+policy+in+an+expanding+economy&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (processed) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Federal reserve chart book on financial and business statistics: historical supplement AN - 59057372; 1959-24814 JF - United States. Bd. of govs. of the federal reserve system., September 1958. 128 pp. Y1 - 1958/09// PY - 1958 DA - September 1958 SP - 128 PB - United States. Bd. of govs. of the federal reserve system. KW - United States -- Economic conditions -- Statistics KW - United States -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59057372?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1958-09-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+chart+book+on+financial+and+business+statistics%3A+historical+supplement&rft.title=Federal+reserve+chart+book+on+financial+and+business+statistics%3A+historical+supplement&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (processed) pa Single copies 60c N1 - Document feature - charts N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - [Role of the Federal reserve system in American economic life.] AN - 59018174; 1958-8456 AB - Address before the Richmond chamber of commerce, Richmond, Va., Jan. 9, 1958. JF - United States. Bd. of govs. of the federal reserve system., January 9 1958. 13 pp. AU - Martin, Wm McC, Jr Y1 - 1958/01/09/ PY - 1958 DA - 1958 Jan 09 SP - 13 PB - United States. Bd. of govs. of the federal reserve system. KW - Martin, William McChesney, 1906- KW - Federal reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59018174?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Martin%2C+Wm+McC%2C+Jr&rft.aulast=Martin&rft.aufirst=Wm&rft.date=1958-01-09&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Should the Federal reserve buy long-term [government] securities? AN - 59012029; 1958-2304 AB - Address before the Money and banking workshop, Federal reserve bank of Minneapolis, Minneapolis, Minn., May 3, 1958. JF - United States. Bd. of govs. of the federal reserve system., 1958. 21 pp. AU - Riefler, Winfield W Y1 - 1958///0, PY - 1958 DA - 0, 1958 SP - 21 PB - United States. Bd. of govs. of the federal reserve system. KW - Federal reserve system KW - Bonds, Government KW - Money market UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59012029?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Riefler%2C+Winfield+W&rft.aulast=Riefler&rft.aufirst=Winfield&rft.date=1958-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Should+the+Federal+reserve+buy+long-term++securities%3F&rft.title=Should+the+Federal+reserve+buy+long-term++securities%3F&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - [Report on the inquiry made by the Federal reserve system into the adequacy of facilities to serve financing needs of small business.] AN - 59011531; 1958-2650 AB - Statement before the Subcommittee on small business, Committee on banking and currency, U.S. Senate, Apr. 21, 1958. JF - United States. Bd. of governors of the Federal reserve system., 1958. 9 pp. AU - Martin, William McChesney, Jr Y1 - 1958///0, PY - 1958 DA - 0, 1958 SP - 9 PB - United States. Bd. of governors of the Federal reserve system. KW - Business -- Small business -- Finance KW - Martin, William McChesney, 1906- UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59011531?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Martin%2C+William+McChesney%2C+Jr&rft.aulast=Martin&rft.aufirst=William&rft.date=1958-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of governors of the Federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Statement of William McChesney Martin, jr., before the Subcommittee on the federal reserve of the Senate Committee on banking and currency, February 19, 1958 AN - 58995053; 1958-14505 AB - Also printed in: Federal Reserve Bul 44:252-7 Mr '58. Monetary events and trends in 1957 related to economic conditions in the United States. JF - United States. Bd. of govs. of the federal reserve system., 1958. 11 pp. Y1 - 1958///0, PY - 1958 DA - 0, 1958 SP - 11 PB - United States. Bd. of govs. of the federal reserve system. KW - Money -- United States KW - Martin, William McChesney, 1906- UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58995053?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1958-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Statement+of+William+McChesney+Martin%2C+jr.%2C+before+the+Subcommittee+on+the+federal+reserve+of+the+Senate+Committee+on+banking+and+currency%2C+February+19%2C+1958&rft.title=Statement+of+William+McChesney+Martin%2C+jr.%2C+before+the+Subcommittee+on+the+federal+reserve+of+the+Senate+Committee+on+banking+and+currency%2C+February+19%2C+1958&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The what, why and when of Federal reserve policy AN - 58981593; 1957-8461 AB - Address before the Southwestern senior executives conference, Mortgage bankers association of Am. and the School of business administration, Southern Methodist university, Dallas, Tex. JF - United States. Federal reserve system., January 28 1957. 14 pp. AU - Balderston, C Canby Y1 - 1957/01/28/ PY - 1957 DA - 1957 Jan 28 SP - 14 PB - United States. Federal reserve system. KW - Federal reserve system -- Credit policy UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58981593?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Balderston%2C+C+Canby&rft.aulast=Balderston&rft.aufirst=C&rft.date=1957-01-28&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+what%2C+why+and+when+of+Federal+reserve+policy&rft.title=The+what%2C+why+and+when+of+Federal+reserve+policy&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Federal reserve system. (mim.) Free N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Corporations doing foreign banking or other foreign financing under the Federal reserve act: Regulation K, as revised effective January 15, 1957 AN - 59002998; 1958-2040 JF - United States. Bd. of govs. of the Federal reserve system., 1957. 28 pp. Y1 - 1957///0, PY - 1957 DA - 0, 1957 SP - 28 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banks and banking -- Foreign business -- Regulation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/59002998?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1957-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Corporations+doing+foreign+banking+or+other+foreign+financing+under+the+Federal+reserve+act%3A+Regulation+K%2C+as+revised+effective+January+15%2C+1957&rft.title=Corporations+doing+foreign+banking+or+other+foreign+financing+under+the+Federal+reserve+act%3A+Regulation+K%2C+as+revised+effective+January+15%2C+1957&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Our American economy: strength of the Republic AN - 58992182; 1958-14502 AB - Address before the Economic club of New York, Mar. 12, 1957. JF - United States. Bd. of govs. of the federal reserve system., 1957. 15 pp. AU - Martin, Wm McC, Jr Y1 - 1957///0, PY - 1957 DA - 0, 1957 SP - 15 PB - United States. Bd. of govs. of the federal reserve system. KW - Money -- United States KW - Martin, William McChesney, 1906- UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58992182?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Martin%2C+Wm+McC%2C+Jr&rft.aulast=Martin&rft.aufirst=Wm&rft.date=1957-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Our+American+economy%3A+strength+of+the+Republic&rft.title=Our+American+economy%3A+strength+of+the+Republic&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Consumer instalment credit: pt.4, Financing new car purchases: a national survey for 1954-55 AN - 58958482; 1957-15143 JF - Superintendent of Documents, 1957. xii+151 pp. Y1 - 1957///0, PY - 1957 DA - 0, 1957 EP - xii+151 PB - Superintendent of Documents KW - Motor vehicles -- Finance -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58958482?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1957-01-01&rft.volume=&rft.issue=&rft.spage=xii%2B151&rft.isbn=&rft.btitle=Consumer+instalment+credit%3A+pt.4%2C+Financing+new+car+purchases%3A+a+national+survey+for+1954-55&rft.title=Consumer+instalment+credit%3A+pt.4%2C+Financing+new+car+purchases%3A+a+national+survey+for+1954-55&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Supt. of docs. pa 60c N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Distribution of bank deposits by counties and standard metropolitan areas, June 30, 1956: total deposits, including interbank and governmental deposits, and demand and time deposits of individuals, partnerships, and corporations AN - 58955424; 1957-1789 AB - Prepared in cooperation with the comptroller of the currency, the Federal deposit insurance corporation, the state bank supervisory authorities and the Federal reserve banks. JF - United States. Bd. of govs. of the federal reserve system., January 1957. 126 pp. Y1 - 1957/01// PY - 1957 DA - January 1957 SP - 126 PB - United States. Bd. of govs. of the federal reserve system. KW - Bank deposits -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58955424?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1957-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Distribution+of+bank+deposits+by+counties+and+standard+metropolitan+areas%2C+June+30%2C+1956%3A+total+deposits%2C+including+interbank+and+governmental+deposits%2C+and+demand+and+time+deposits+of+individuals%2C+partnerships%2C+and+corporations&rft.title=Distribution+of+bank+deposits+by+counties+and+standard+metropolitan+areas%2C+June+30%2C+1956%3A+total+deposits%2C+including+interbank+and+governmental+deposits%2C+and+demand+and+time+deposits+of+individuals%2C+partnerships%2C+and+corporations&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (processed) pa N1 - Document feature - tables N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Consumer instalment credit AN - 58946420; 1957-11398 AB - Pt.1, Growth and import; pt.2, Conference on regulation, by the National bureau of economic research; pt.3, Views on regulation: a survey, by George D. Bailey and others; pt.4, Financing new car purchases: a national survey for 1954-55. JF - Superintendent of Documents, 1957. 6v. Y1 - 1957///0, PY - 1957 DA - 0, 1957 PB - Superintendent of Documents KW - Instalment plan UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58946420?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1957-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Consumer+instalment+credit&rft.title=Consumer+instalment+credit&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Supt. of docs. pa pt 1, v 1 $1.25; pt 1, v 2 $1; pt 2, v 1 $1.75; pt 2, v 2 60c; pt 3 $1; pt 4 60c N1 - Document feature - tables, charts N1 - SuppNotes - pts in 6v N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - [Favorable attitude of the Board of governors toward S.3911, concerning bank mergers.] AN - 58924940; 1956-1737 AB - Statement before the Banking subcommittee, Committee on banking and currency, U.S. Senate, June 12, 1956. JF - United States. Bd. of govs. of the Federal reserve system., June 12 1956. 8 pp. AU - Balderston, C Canby Y1 - 1956/06/12/ PY - 1956 DA - 1956 Jun 12 SP - 8 PB - United States. Bd. of govs. of the Federal reserve system. KW - Bank mergers -- Legislation, Proposed UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58924940?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Balderston%2C+C+Canby&rft.aulast=Balderston&rft.aufirst=C&rft.date=1956-06-12&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - [Procedural matters surrounding the recent increase of the discount rate at Federal reserve banks.] AN - 58915464; 1956-13195 AB - Statement before the Economic stabilization subcommittee, Joint committee on The economic report, U.S. Congress, June 12, 1956. JF - United States. Bd. of govs. of the federal reserve system., June 1956. 9+6 pp. AU - Martin, William McChesney, Jr Y1 - 1956/06// PY - 1956 DA - June 1956 EP - 9+6 PB - United States. Bd. of govs. of the federal reserve system. KW - Martin, William McChesney, 1906 UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58915464?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Martin%2C+William+McChesney%2C+Jr&rft.aulast=Martin&rft.aufirst=William&rft.date=1956-06-01&rft.volume=&rft.issue=&rft.spage=9%2B6&rft.isbn=&rft.btitle=&rft.title=&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The changing agricultural credit picture AN - 58934123; 1956-369 AB - Address before the Ninth federal reserve district assembly, Minneapolis, Minn., Apr. 23, 1956. Factors involved in the farmers' credit needs and what can be done to meet these needs. JF - United States. Bd. of govs. of the federal reserve system., April 23 1956. 13 pp. AU - Shepardson, Chas N Y1 - 1956/04/23/ PY - 1956 DA - 1956 Apr 23 SP - 13 PB - United States. Bd. of govs. of the federal reserve system. KW - Agricultural credit UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58934123?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=Shepardson%2C+Chas+N&rft.aulast=Shepardson&rft.aufirst=Chas&rft.date=1956-04-23&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=The+changing+agricultural+credit+picture&rft.title=The+changing+agricultural+credit+picture&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Banking holding companies: Regulation Y, effective September 1, 1956 AN - 58961902; 1957-1855 AB - Includes also the text of the Bank holding company act of 1956 (70 Stat.133). JF - United States. Bd. of govs. of the Federal reserve system., 1956. 28 pp. Y1 - 1956///0, PY - 1956 DA - 0, 1956 SP - 28 PB - United States. Bd. of govs. of the Federal reserve system. KW - Banks and banking -- Holding companies -- Regulation UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58961902?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1956-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Banking+holding+companies%3A+Regulation+Y%2C+effective+September+1%2C+1956&rft.title=Banking+holding+companies%3A+Regulation+Y%2C+effective+September+1%2C+1956&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Registers of private papers which bear on the history of the Federal reserve system: material complied by the staff, 1954-1956 AN - 58941008; 1956-7900 AB - Information on the whereabouts and contents of a man's papers, brief sketch of his life, and other material useful as a guide to the collection. Supply very limited. JF - Committee on the History of the Federal Reserve System, 1956. Y1 - 1956///0, PY - 1956 DA - 0, 1956 PB - Committee on the History of the Federal Reserve System KW - Federal Reserve system -- Records UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58941008?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1956-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Registers+of+private+papers+which+bear+on+the+history+of+the+Federal+reserve+system%3A+material+complied+by+the+staff%2C+1954-1956&rft.title=Registers+of+private+papers+which+bear+on+the+history+of+the+Federal+reserve+system%3A+material+complied+by+the+staff%2C+1954-1956&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Com. on the hist. of the Federal reserve system. (processed) Free N1 - Document feature - bibl N1 - Last updated - 2016-09-27 ER - TY - NEWS T1 - Four Factors Creating Our Prosperity AN - 148673465 AB - ORIGINALLY written for a French-speaking, lay public, this small volume is the work of the Harvard-trained director of the Graduate Institute of International Studies at Geneva, Switzerland. It achieves a fair measure of success in answering for the laymen the question inherent in the title. JF - The Washington Post and Times Herald (1954-1959) AU - Reviewed by Thomas E. Summers Summers is an economist with the International Finance Section of the Federal Reserve System Y1 - 1955/10/09/ PY - 1955 DA - 1955 Oct 09 SP - 1 CY - Washington, D.C. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/148673465?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ahnpwashingtonpost&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=The+Washington+Post+and+Times+Herald+%281954-1959%29&rft.atitle=Four+Factors+Creating+Our+Prosperity%3A+THE+SECRET+OF+AMERICAN+PROSPERITY.+By+William+E.+Rappard.+Greenberg%2C+N.Y.+124+pp.+%243.50.&rft.au=Reviewed+by+Thomas+E.+Summers+Summers+is+an+economist+with+the+International+Finance+Section+of+the+Federal+Reserve+System&rft.aulast=Reviewed+by+Thomas+E.+Summers+Summers+is+an+economist+with+the+International+Finance+Section+of+the+Federal+Reserve+System&rft.aufirst=&rft.date=1955-10-09&rft.volume=&rft.issue=&rft.spage=E6&rft.isbn=&rft.btitle=&rft.title=The+Washington+Post+and+Times+Herald+%281954-1959%29&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Historical Newspapers: The Washington Post N1 - Copyright - Copyright The Washington Post Company Oct 9, 1955 N1 - Last updated - 2010-05-30 ER - TY - BOOK T1 - List of stocks registered on national securities exchanges and of redeemable securities of certain investment companies, as of March 31, 1955 AN - 58927050; 1956-18239 JF - United States. Bd. of govs. of the federal reserve system., June 1955. 30 pp. Y1 - 1955/06// PY - 1955 DA - June 1955 SP - 30 PB - United States. Bd. of govs. of the federal reserve system. KW - Securities UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58927050?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1955-06-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=List+of+stocks+registered+on+national+securities+exchanges+and+of+redeemable+securities+of+certain+investment+companies%2C+as+of+March+31%2C+1955&rft.title=List+of+stocks+registered+on+national+securities+exchanges+and+of+redeemable+securities+of+certain+investment+companies%2C+as+of+March+31%2C+1955&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (processed) N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Advances and discounts by Federal reserve banks: regulation A, revised effective February 15, 1955 AN - 58941497; 1956-7895 JF - United States. Bd. of govs. of the Federal reserve system., 1955. 18 pp. Y1 - 1955///0, PY - 1955 DA - 0, 1955 SP - 18 PB - United States. Bd. of govs. of the Federal reserve system. KW - Federal Reserve system UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58941497?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Advances+and+discounts+by+Federal+reserve+banks%3A+regulation+A%2C+revised+effective+February+15%2C+1955&rft.title=Advances+and+discounts+by+Federal+reserve+banks%3A+regulation+A%2C+revised+effective+February+15%2C+1955&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Federal reserve par list, October, 1955 (banks upon which checks will be received by Federal reserve banks and branches for collection and credit) AN - 58939600; 1956-5087 JF - United States. Bd. of govs. of the Federal reserve system., 1955. 40 pp. Y1 - 1955///0, PY - 1955 DA - 0, 1955 SP - 40 PB - United States. Bd. of govs. of the Federal reserve system. KW - Directories -- Banks and banking UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58939600?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Federal+reserve+par+list%2C+October%2C+1955+%28banks+upon+which+checks+will+be+received+by+Federal+reserve+banks+and+branches+for+collection+and+credit%29&rft.title=Federal+reserve+par+list%2C+October%2C+1955+%28banks+upon+which+checks+will+be+received+by+Federal+reserve+banks+and+branches+for+collection+and+credit%29&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the Federal reserve system. N1 - Document feature - tables, map N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Proceedings: fourth meeting of technicians of central banks of the American continent, held in Washington, D.C., May 3-7, 1954 and in New York, N.Y., May 10-14, 1954; under the auspices of the Board of governors of the federal reserve system and the Federal reserve bank of New York AN - 58925805; 1956-1766 AB - Text in English and Spanish. JF - United States. Bd. of govs. of the federal reserve system., 1955. 890 pp. Y1 - 1955///0, PY - 1955 DA - 0, 1955 SP - 890 PB - United States. Bd. of govs. of the federal reserve system. KW - Banks and banking -- Central banks -- Conferences UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58925805?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Proceedings%3A+fourth+meeting+of+technicians+of+central+banks+of+the+American+continent%2C+held+in+Washington%2C+D.C.%2C+May+3-7%2C+1954+and+in+New+York%2C+N.Y.%2C+May+10-14%2C+1954%3B+under+the+auspices+of+the+Board+of+governors+of+the+federal+reserve+system+and+the+Federal+reserve+bank+of+New+York&rft.title=Proceedings%3A+fourth+meeting+of+technicians+of+central+banks+of+the+American+continent%2C+held+in+Washington%2C+D.C.%2C+May+3-7%2C+1954+and+in+New+York%2C+N.Y.%2C+May+10-14%2C+1954%3B+under+the+auspices+of+the+Board+of+governors+of+the+federal+reserve+system+and+the+Federal+reserve+bank+of+New+York&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. pa N1 - Document feature - tables, charts, maps N1 - SuppNotes - 2v N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Distribution of bank deposits by counties and standard metropolitan areas, June 30, 1954: total deposits, including interbank and governmental deposits, and demand and time deposits of individuals, partnerships, and corporations AN - 58884848; 1955-1577 AB - Compiled with the cooperation of the Comptroller of the currency, the Federal deposit insurance corporation, the state bank supervisory authorities, and the Federal reserve banks. JF - United States. Bd. of govs. of the federal reserve system., January 1955. 126 pp. Y1 - 1955/01// PY - 1955 DA - January 1955 SP - 126 PB - United States. Bd. of govs. of the federal reserve system. KW - Bank deposits -- Statistics UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58884848?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Distribution+of+bank+deposits+by+counties+and+standard+metropolitan+areas%2C+June+30%2C+1954%3A+total+deposits%2C+including+interbank+and+governmental+deposits%2C+and+demand+and+time+deposits+of+individuals%2C+partnerships%2C+and+corporations&rft.title=Distribution+of+bank+deposits+by+counties+and+standard+metropolitan+areas%2C+June+30%2C+1954%3A+total+deposits%2C+including+interbank+and+governmental+deposits%2C+and+demand+and+time+deposits+of+individuals%2C+partnerships%2C+and+corporations&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Bd. of govs. of the federal reserve system. (mim.) pa N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - Statistics on business plant and equipment expenditure expectations; report AN - 37469368; 163349a JF - Statistics on business plant and equipment expenditure expectations; report AU - United States AU - Board of Governors of the Federal Reserve System AU - Committee on Business Plant and Equipment Expenditure Expectations Y1 - 1955 PY - 1955 DA - 1955 SP - 31 PB - Washington KW - Economics KW - Private investment KW - Demand KW - U.S.A. KW - Investment KW - Industry UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37469368?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System%3BCommittee+on+Business+Plant+and+Equipment+Expenditure+Expectations&rft.aulast=United+States&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Statistics+on+business+plant+and+equipment+expenditure+expectations%3B+report&rft.title=Statistics+on+business+plant+and+equipment+expenditure+expectations%3B+report&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Flow of funds in the United States, 1939-1953 AN - 37469073; 162233a JF - Flow of funds in the United States, 1939-1953 AU - United States AU - Board of Governors of the Federal Reserve System Y1 - 1955 PY - 1955 DA - 1955 EP - xxii + 390 PB - Washington KW - Economics KW - Monetary circulation KW - U.S.A. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37469073?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System&rft.aulast=United+States&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=xxii+%2B+390&rft.isbn=&rft.btitle=Flow+of+funds+in+the+United+States%2C+1939-1953&rft.title=Flow+of+funds+in+the+United+States%2C+1939-1953&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Money: master or servant AN - 37464977; 9227a JF - Money: master or servant AU - United States AU - Board of Governors of the Federal Reserve System AU - Committee on Education and Publications Y1 - 1955 PY - 1955 DA - 1955 SP - 47 PB - Federal Reserve Bank of N.Y. KW - Economics KW - Money and banking UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37464977?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System%3BCommittee+on+Education+and+Publications&rft.aulast=United+States&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Money%3A+master+or+servant&rft.title=Money%3A+master+or+servant&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Statistics of saving: report AN - 37460447; 163062a JF - Statistics of saving: report AU - United States AU - Board of Governors of the Federal Reserve System AU - Committee on Savings Statistics Y1 - 1955 PY - 1955 DA - 1955 SP - 154 PB - Washington KW - Economics KW - Savings KW - U.S.A. KW - Investment KW - Aggregate demand UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37460447?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System%3BCommittee+on+Savings+Statistics&rft.aulast=United+States&rft.aufirst=&rft.date=1955-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Statistics+of+saving%3A+report&rft.title=Statistics+of+saving%3A+report&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - Last updated - 2013-09-16 ER - TY - BOOK T1 - Consumer survey statistics AN - 37460254; 163113a JF - Consumer survey statistics AU - United States AU - Board of Governors of the Federal Reserve System AU - Consultant Committee on Consumer Survey Statistics Y1 - 1955 PY - 1955 DA - 1955 SP - 116 PB - Washington KW - Economics KW - Consumer behaviour KW - Supply KW - Demand KW - U.S.A. 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Purposes and functions AU - United States AU - Federal Reserve System Y1 - 1954 PY - 1954 DA - 1954 EP - xiv + 208 PB - Board of Governors of the Federal Reserve System KW - Economics KW - banking and credit KW - Public economy KW - Public finance KW - Financial administration KW - U.S.A. 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AN - 58815177; 1953-1660 JF - Superintendent of Documents, September 10 1952. v+50 pp. Y1 - 1952/09/10/ PY - 1952 DA - 1952 Sep 10 EP - v+50 PB - Superintendent of Documents KW - Banks and banking -- United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58815177?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1952-09-10&rft.volume=&rft.issue=&rft.spage=v%2B50&rft.isbn=&rft.btitle=Concentration+of+banking+in+the+United+States%3A+staff+report+of+the+Board+of+governors+of+the+federal+reserve+system%2C+submitted+to+the+Subcommittee+on+monopoly+of+the+Select+committee+on+small+business%2C+United+States+Senate&rft.title=Concentration+of+banking+in+the+United+States%3A+staff+report+of+the+Board+of+governors+of+the+federal+reserve+system%2C+submitted+to+the+Subcommittee+on+monopoly+of+the+Select+committee+on+small+business%2C+United+States+Senate&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - Supt. of doc. N1 - Document feature - tables, chart N1 - Last updated - 2016-09-27 ER - TY - BOOK T1 - The cost and availability of credit and capital to small business AN - 37528779; 139620a JF - The cost and availability of credit and capital to small business AU - United States AU - Board of Governors of the Federal Reserve System Y1 - 1952 PY - 1952 DA - 1952 EP - v + 37 PB - U.S. Govt. Printing Office KW - Economics KW - Business investment KW - Capital formation KW - Investment UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/37528779?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/International+Bibliography+of+the+Social+Sciences+%28IBSS%29&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=United+States%3BBoard+of+Governors+of+the+Federal+Reserve+System&rft.aulast=United+States&rft.aufirst=&rft.date=1952-01-01&rft.volume=&rft.issue=&rft.spage=v+%2B+37&rft.isbn=&rft.btitle=The+cost+and+availability+of+credit+and+capital+to+small+business&rft.title=The+cost+and+availability+of+credit+and+capital+to+small+business&rft.issn=&rft_id=info:doi/ LA - English DB - International Bibliography of the Social Sciences (IBSS) N1 - Date revised - 2013-06-12 N1 - SuppNotes - Staff report submitted to the Subcommittee on Monopoly of the Select Committee on Small Business N1 - Last updated - 2013-09-16 ER - TY - NEWS T1 - Football Champlonship AN - 151831220 JF - The Washington Post (1923-1954) AU - ERNEST G. DRAPER. Member, Board of Governors, Federal Reserve System. Washington Y1 - 1946/11/26/ PY - 1946 DA - 1946 Nov 26 SP - 8 CY - Washington, D.C. 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This editorial takes to task the six contributors to a symposium on financing American prosperity recently issued by the Twentieth Century Fund. JF - The Washington Post (1923-1954) AU - EA GOLDENWEISER Economic Adviser Board of Governors of the Federal Reserve System Washington Nov 14. Y1 - 1945/11/17/ PY - 1945 DA - 1945 Nov 17 SP - 4 CY - Washington, D.C. 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Today this crucial importance is conspicuously reflected in the division of the country between the Allies and Russia. JF - The Washington Post (1923-1954) AU - HOWARD S. ELLIS, Assistant Director, Division of Research and Statistics, Board of Governors of the Federal Reserve System. Silver Spring, Md., Oct. 15. Y1 - 1945/10/19/ PY - 1945 DA - 1945 Oct 19 SP - 4 CY - Washington, D.C. 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JF - New York Times (1923-Current file) AU - WOODLIEF THOMAS, Assistant Director, Division of Research and Statistics, Federal Reserve System Y1 - 1944/08/19/ PY - 1944 DA - 1944 Aug 19 SP - 10 CY - New York, N.Y. SN - 03624331 KW - General Interest Periodicals--United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/106794704?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ahnpnewyorktimes&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=New+York+Times+%281923-Current+file%29&rft.atitle=No+Basic+Conflict+Is+Seen%3A+But+Federal+Reserve+Bulletin+SEC+and+Commerce+Survey+Do+Differ&rft.au=WOODLIEF+THOMAS%2C+Assistant+Director%2C+Division+of+Research+and+Statistics%2C+Federal+Reserve+System&rft.aulast=WOODLIEF+THOMAS&rft.aufirst=Assistant&rft.date=1944-08-19&rft.volume=&rft.issue=&rft.spage=10&rft.isbn=&rft.btitle=&rft.title=New+York+Times+%281923-Current+file%29&rft.issn=03624331&rft_id=info:doi/ LA - English DB - ProQuest Historical Newspapers: The New York Times N1 - Copyright - Copyright New York Times Company Aug 19, 1944 N1 - Last updated - 2010-05-22 ER - TY - NEWS T1 - Somebody Had Better Remember to Think About Little Businessman AN - 151486887 AB - It is only natural that in wartime there is little general interest in the abstract problem of what to do in the future about medium and small sized business. We all realize that in these anxious days of conflict there is one supreme task ahead of us -- to win the war and to win it so decisively that we can plan for the future with a feeling of genuine hope in its permanence. JF - The Washington Post (1923-1954) AU - By Ernest G. Draper Member Board of Governors Federal Reserve System Y1 - 1942/12/13/ PY - 1942 DA - 1942 Dec 13 SP - 1 CY - Washington, D.C. UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/151486887?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ahnpwashingtonpost&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.jtitle=The+Washington+Post+%281923-1954%29&rft.atitle=Somebody+Had+Better+Remember+to+Think+About+Little+Businessman%3A+His+Future+Is+Tied+to+the+Survival+of+Our+Middle+Class+Everybody+Talks+About+Him.+but+Nobody+Does+Anything&rft.au=By+Ernest+G.+Draper+Member+Board+of+Governors+Federal+Reserve+System&rft.aulast=By+Ernest+G.+Draper+Member+Board+of+Governors+Federal+Reserve+System&rft.aufirst=&rft.date=1942-12-13&rft.volume=&rft.issue=&rft.spage=B3&rft.isbn=&rft.btitle=&rft.title=The+Washington+Post+%281923-1954%29&rft.issn=&rft_id=info:doi/ LA - English DB - ProQuest Historical Newspapers: The Washington Post N1 - Copyright - Copyright The Washington Post Company Dec 13, 1942 N1 - Last updated - 2010-05-30 ER - TY - NEWS T1 - President's Plan Approved AN - 106443381 AB - Sharp criticism of the President's seven-point anti-inflation program was expressed by Professor Benjamin M. Anderson in a letter to THE NEW YORK TIMES published May 3. Elsewhere on the same page the letter received an editorial nod of approval. JF - New York Times (1923-Current file) AU - HARVEY S. PERLOFF, Division of Research and Statistics, Federal Reserve System. Y1 - 1942/05/06/ PY - 1942 DA - 1942 May 06 SP - 18 CY - New York, N.Y. SN - 03624331 KW - General Interest Periodicals--United States UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/106443381?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Ahnpnewyorktimes&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=unknown&rft.jtitle=New+York+Times+%281923-Current+file%29&rft.atitle=President%27s+Plan+Approved%3A+Seven-Point+Program+Held+Adequate+as+Curb+on+Inflation&rft.au=HARVEY+S.+PERLOFF%2C+Division+of+Research+and+Statistics%2C+Federal+Reserve+System.&rft.aulast=HARVEY+S.+PERLOFF&rft.aufirst=Division+of+Research+and&rft.date=1942-05-06&rft.volume=&rft.issue=&rft.spage=18&rft.isbn=&rft.btitle=&rft.title=New+York+Times+%281923-Current+file%29&rft.issn=03624331&rft_id=info:doi/ LA - English DB - ProQuest Historical Newspapers: The New York Times N1 - Copyright - Copyright New York Times Company May 6, 1942 N1 - Last updated - 2010-05-22 ER - TY - NEWS T1 - Adequate Credit Flow to Small Business Held Essential to Broad Recovery AN - 151135504 AB - May I say at the outset that the opinions expressed below are my personal views, and in no sense represent an official viewpoint of the Board of Governors of the Federal Reserve System. JF - The Washington Post (1923-1954) AU - By Ernest G. Draper. Member of the Board of Governors, Federal Reserve System. Y1 - 1939/10/01/ PY - 1939 DA - 1939 Oct 01 SP - 1 CY - Washington, D.C. 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Fed. reserve bd. Com. on bank reserves of the Federal reserve system., 1931. 26 pp. Y1 - 1931///0, PY - 1931 DA - 0, 1931 SP - 26 PB - United States. Fed. reserve bd. Com. on bank reserves of the Federal reserve system. KW - Bank reserves UR - http://libproxy.lib.unc.edu/login?url=http://search.proquest.com/docview/58204546?accountid=14244 L2 - http://vb3lk7eb4t.search.serialssolutions.com/?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/PAIS+Index&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.jtitle=&rft.atitle=&rft.au=&rft.aulast=&rft.aufirst=&rft.date=1931-01-01&rft.volume=&rft.issue=&rft.spage=&rft.isbn=&rft.btitle=Member+bank+reserves%3A+report&rft.title=Member+bank+reserves%3A+report&rft.issn=&rft_id=info:doi/ LA - English DB - PAIS Index N1 - Date revised - 2006-09-28 N1 - Availability - United States. Fed. reserve bd. Com. on bank reserves of the Federal reserve system. N1 - Document feature - table, charts N1 - Last updated - 2016-09-27 ER -