Economic Commentary

1982 - 2026

From Federal Reserve Bank of Cleveland
Contact information at EDIRC.
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1998, issue Dec

Subordinated debt: tough love for banks?

Joseph Haubrich

1998, issue Nov

Social Security's treatment of postwar generations

Jagadeesh Gokhale

1998, issue Oct

Currency: time for change?

Paul Bauer

Is the current-account deficit sustainable?

Owen Humpage

1998, issue Sep

Bank notes and stored-value cards: stepping lightly into the past

William P. Osterberg and James Thomson

What fiscal surplus?

Jagadeesh Gokhale

1998, issue Aug

Measuring pricing bias in mortgages

Stanley D. Longhofer

Global ATM banking: casting the net

Ben Craig and John D. Hueter

1998, issue Jul

Productivity gains during business cycles: what's normal?

Mark Schweitzer

1998, issue Jun

Productivity measures and the "new economy"

John Carlson and Mark Schweitzer

1998, issue May

In search of the NAIRU

David Altig and Paul Gomme

Government-subsidized training: a plan for prosperity?

Charles Carlstrom and Christy D. Rollow

1998, issue Apr

Private money: everything old is new again

Barbara A. Good

Generational equity and sustainability in U.S. fiscal policy

Jagadeesh Gokhale

1998, issue Mar

Gold prices

Joseph Haubrich

What happened to the inventory overhang?

Terry Fitzgerald and Jennifer K. Ransom

1998, issue Feb

Canada's money targeting experiment

Paul Gomme

Network externalities: the catch-22 of retail payments innovations

William P. Osterberg and James Thomson

1998, issue Jan

A hitchhiker's guide to understanding exchange rates

Owen Humpage

Assessing fundamental tax reform

David Altig, Alan Auerbach, Laurence Kotlikoff, Kent Smetters and Jan Walliser

1997, issue Dec

Do more banking offices mean more banking services?

William P. Osterberg and Sandy A. Sterk

1997, issue Nov

Accelerating money growth: is M2 telling us something?

John Carlson

1997, issue Oct

Bad standards

Michael F. Bryan

On the origin and evolution of the word inflation

Michael F. Bryan

1997, issue Sep

Money, fiscal discipline, and growth

Jerry L. Jordan

The dark side of liquidity

Joseph Haubrich and Joao Santos

1997, issue Aug

Wealth, economic infrastructure, and monetary policy

Jerry L. Jordan

Wage inflation and worker uncertainty

Mark Schweitzer

1997, issue Jul

TIPS for safer investing

Kevin H. Sargent and Richard D. Taylor

1997, issue Jun

Monetary policy in the cold war era

Mark S. Sniderman

1997, issue May

Is noninflationary growth an oxymoron?

David Altig, Terry Fitzgerald and Peter Rupert

Okun's law revisited: should we worry about low unemployment?

David Altig, Terry Fitzgerald and Peter Rupert

1997, issue Apr

Medicare: usual and customary remedies will no longer work

Jagadeesh Gokhale

Where have all the tellers gone?

Ben Craig

1997, issue Mar

Maintaining a low inflation environment

John Carlson

PMI reform: good intentions gone awry

Stanley D. Longhofer

1997, issue Feb

Information dynamics and CRA strategy

Robert B. Avery, Patricia E. Beeson and Mark S. Sniderman

Structural reform of the Social Security system: the time has come

Jagadeesh Gokhale

1997, issue Jan

The hidden costs of Mexican banking reform

William P. Osterberg

Stock market fundamentals

Joseph Haubrich

1996, issue Dec

Monetary policy and real economic growth

Owen Humpage

1996, issue Nov

Combining bank supervision and monetary policy

Joseph Haubrich

1996, issue Oct

Jobs creation and government policy

Jerry L. Jordan

Competing currencies: back to the future?

Ben Craig

1996, issue Sep

Reducing working hours: American workers' salvation?

Terry Fitzgerald

The functions and future of retail banking

Jerry L. Jordan

1996, issue Aug

Inflation targets: the next step for monetary policy

Mark S. Sniderman

Discrimination in mortgage lending: what have we learned?

Stanley D. Longhofer

1996, issue Jul

Interest rate rules for seasonal and business cycles

Charles Carlstrom and Timothy Fuerst

1996, issue Jun

Welfare reform and the cyclicality of welfare programs

Elizabeth Powers

1996, issue May

A simple proposal for privatizing Social Security

David Altig and Jagadeesh Gokhale

The credit union industry--an overview

Barbara A. Good

1996, issue Apr

The future of banking supervision

Jerry L. Jordan

Where is all the U.S. currency hiding?

John Carlson and Benjamin Keen

1996, issue Mar

Are successful interventions random events?

Owen Humpage

State employment 1995: slowing to a recession?

Kristin M. Roberts and Mark Schweitzer

1996, issue Feb

Mortgage interest deductibility and housing prices

Stephen Cecchetti and Peter Rupert

Glass-Steagall and the regulatory dialectic

Joao Santos

1996, issue Jan

Social Security: are we getting our money's worth?

Jagadeesh Gokhale and Kevin Lansing

Making sense of the Federal budget impasse

David Altig