Economic Commentary

1982 - 2025

From Federal Reserve Bank of Cleveland
Contact information at EDIRC.
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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

2004, issue Dec

Oil prices: backward to the future?

Joseph Haubrich, Patrick Higgins and Janet Miller

2004, issue Nov

Expected inflation and TIPS

Charles Carlstrom and Timothy Fuerst

2004, issue Oct

A hitchhiker’s guide to the U.S. current account problem

Owen Humpage

The fate of one-dollar coins in the U.S

Sébastien Lotz and Guillaume Rocheteau

2004, issue Sep

When is checkout time?

Paul Bauer

Are SBA loan guarantees desirable?

Ben Craig, William E. Jackson and James Thomson

2004, issue Aug

When is a rate hike not tighter policy?

David Altig

Per capita income growth and disparity in the United States, 1929–2003

Paul Gomme and Peter Rupert

2004, issue Jul

Why are we losing manufacturing jobs?

Eric Fisher

2004, issue Jun

Interest rates, yield curves, and the monetary regime

Joseph Haubrich

2004, issue May

A perspective on monetary policy

Sandra Pianalto

Employment surveys are telling the same (sad) story

Mark Schweitzer and Guhan Venkatu

2004, issue Apr

Dividends

Ozgur Ergungor

Wage and employer changes over the life cycle

Peter Rupert

2004, issue Mar

Mutual funds, fee transparency, and competition

John Carlson, Eduard A. Pelz and Erkin Y. Sahinoz

A national voice, a regional view

Sandra Pianalto

2004, issue Feb

Island money

Michael F. Bryan

On the rotation of the earth, drunken sailors, and exchange rate policy

Owen Humpage

2004, issue Jan

Arbitrage: the key to pricing options

Ed Nosal and Tan Wang

The trime

Michael F. Bryan