Economic Commentary

1982 - 2026

From Federal Reserve Bank of Cleveland
Contact information at EDIRC.
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2008, issue Aug

A new role for the Exchange Stabilization Fund

Owen Humpage

2008, issue Jul

Covered bonds: a new way to fund residential mortgages

Ozgur Ergungor

2008, issue Jun

Rising relative prices or inflation: why knowing the difference matters

Owen Humpage

2008, issue May

Trouble ahead for student loans?

Ozgur Ergungor and Ian Hathaway

2008, issue Apr

Stamp scrip: money people paid to use

Bruce Champ

2008, issue Mar

The great moderation: good luck, good policy, or less oil dependence?

Andrea Pescatori

2008, issue Feb

Explaining apparent changes in the Phillips curve: the Great Moderation and monetary policy

Charles Carlstrom and Timothy Fuerst

2008, issue Jan

Explaining apparent changes in the Phillips curve: trend inflation isn't constant

Charles Carlstrom and Timothy Fuerst

2007, issue Apr 15, vol 2007

How much U.S. technological innovation begins in universities? pp. 4

Jinyoung Kim and Gerald Marschke

2007, issue Dec

A brief history of central banks

Michael Bordo

2007, issue Nov

Coordination failures in the labor market

Guillaume Rocheteau and Murat Tasci

2007, issue Oct

Are consumers cashing out?

Paul Bauer and Daniel A. Littman

Regional productivity growth and plant-level dynamics

Yoonsoo Lee

2007, issue Sep

Prepayment penalties on subprime mortgages

Ozgur Ergungor

Regional variation in job creation and destruction

Paul Bauer and Yoonsoo Lee

2007, issue Aug

The growth of cities in the Fourth District

Timothy Dunne

Peak oil

Joseph Haubrich and Brent Meyer

2007, issue Jul

What’s really going on in housing markets?

Morris Davis, François Ortalo-Magné and Peter Rupert

2007, issue Jun

Price stability: issues and challenges

Sandra Pianalto

2007, issue May

The minimum wage and the labor market

Guillaume Rocheteau and Murat Tasci

Global risks to U.S. monetary policy

Owen Humpage

2007, issue Apr

U.S. ethnic scientists and entrepreneurs

William Kerr

2007, issue Mar

Credit spreads and subordinated debt

Joseph Haubrich and James Thomson

Mirror, mirror, who’s the best forecaster of them all?

Michael F. Bryan and Linsey Molloy

2007, issue Feb

Human capital and the challenge of persistent poverty in Appalachia

James Ziliak

A closer look at Cleveland's latest poverty ranking

Brian Rudick and Mark Schweitzer

2007, issue Jan

Private money in our past, present, and future

Bruce Champ

Home price derivatives

Ozgur Ergungor

2006, issue Dec

Milton Friedman, teacher, 1912-2006

Charles Carlstrom and Timothy Fuerst

2006, issue Nov

The anatomy of an oil price shock

Eric Fisher and Kathryn G. Marshall

2006, issue Oct

Industrial loan companies

Ozgur Ergungor and James Thomson

Understanding unemployment

Guillaume Rocheteau

2006, issue Sep

Central bank independence: the key to price stability?

Charles Carlstrom and Timothy Fuerst

Inflation, inflation expectations, and monetary policy

Sandra Pianalto

2006, issue Aug

Central bank credibility

Paul Gomme

Paths to prosperity: knowledge is key for Fourth District states

Paul Bauer and Mark Schweitzer

2006, issue Jul

Economic conditions and monetary policy

Sandra Pianalto

2006, issue Jun

FOMC communications and the predictability of near-term policy decisions

John Carlson, Ben Craig, Patrick Higgins and Will Melick

2006, issue May

Monetary policy in an interdependent world

Sandra Pianalto

Inflation, banking, and economic growth

John H. Boyd and Bruce Champ

2006, issue Apr

Employment growth, job creation, and job destruction in Ohio

Yoonsoo Lee and Brian Rudick

Does the yield curve signal recession?

Joseph Haubrich

2006, issue Mar

Vouchers and the Cleveland Scholarship Program: little progress so far

Clive R. Belfield

Choice, charters, and public school competition

Eric Hanushek

2006, issue Feb

Cleveland (on the) rocks

Guhan Venkatu

Economic forecasts and monetary policy

Sandra Pianalto

2006, issue Jan

Are we engineering ourselves out of manufacturing jobs?

Mark Schweitzer and Saeed Zaman

Optimal deposit contracts: do-it-yourself bank-run prevention for banks

Ed Nosal

2005, issue Dec

Have international developments lowered the neutral rate?

Owen Humpage

2005, issue Nov

Considerable period of time: the case of signaling future policy

Charles Carlstrom and Timothy Fuerst

2005, issue Oct

The tale of Gresham's law

Richard Dutu, Ed Nosal and Guillaume Rocheteau

The role of relationships in small-business lending

Ben Craig, William E. Jackson and James Thomson

2005, issue Sep

Nondeliverable forwards: can we tell where the renminbi is headed?

Patrick Higgins and Owen Humpage

Umbrella supervision

Joseph Haubrich and James Thomson

2005, issue Aug

Accounting for the jobless recoveries

Paul Gomme

The Chinese renminbi: what’s real, what’s not

Patrick Higgins and Owen Humpage

2005, issue Jul

Oil prices, monetary policy, and the macroeconomy

Charles Carlstrom and Timothy Fuerst

2005, issue Jun

Labor productivity growth across states

Paul Bauer and Yoonsoo Lee

2005, issue May

The power of price stability

Sandra Pianalto

Why policymakers might care about stock market bubbles

Paul Gomme

2005, issue Apr

The growing significance of purchasing power parity

Ben Craig

Expectations, communications, and monetary policy

Sandra Pianalto

2005, issue Mar

Rethinking the welfare cost of inflation

Ben Craig and Guillaume Rocheteau

Too much risk?

Ben Craig and Joseph Haubrich

2005, issue Feb

A perspective on monetary policy

Sandra Pianalto

Should Ohio invest in universal preschooling?

Clive R. Belfield

2005, issue Jan

Losing its minds? evaluating “brain drain” in Ohio

Shadya Yazback

This is Bangalore calling: hang up or speed dial? what technology-enabled international trade in services means for the U.S. economy and workforce

Catherine Mann