Econ Focus

2003 - 2025

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2006, volume 10, articles Fall

President's message: Credit cards on campus pp. 1

Jeffrey Lacker

Federal Reserve: Initiation by fire pp. 2-5

Charles Gerena

Jargon alert: Tragedy of the commons pp. 6

Clayton Broga

Research spotlight: Culture and economics pp. 7

Clayton Broga

Policy update: South Carolina's shifting tax burden pp. 8

Vanessa Sumo

Around the Fed: Credible commitment pp. 9

Doug Campbell

Charleston's cool: U.S. mayors go green pp. 10

Betty Joyce Nash

Workers unite?: The tides of economic change have eroded the power of organized labor pp. 10-11

Charles Gerena

Cashing in online: Online-only banks show the way to higher yields pp. 11-12

Vanessa Sumo

Transit-oriented development: Light-rail line will be Charlotte's first test of its land-use/transit plan pp. 12-13

Charles Gerena

Charged by the market: electricity deregulation is finally starting to stir up retail competition in Maryland pp. 14-20

Vanessa Sumo

The life and times of Albemarle First pp. 21-27

Doug Campbell

Organic promises: Is the grass greener on the organic side? pp. 28-31

Vanessa Sumo

Campus plastic: college students cope with unsecured debt pp. 32-35

Betty Joyce Nash

Arrested development: growth theory has come a long way. How much further can it go? pp. 36-40

Doug Campbell

Where the executives roam: corporations have more options for locating their headquarters than ever before, benefiting smaller metropolitan areas pp. 41-45

Charles Gerena

Interview: Martin Baily pp. 46-51

Aaron Steelman

Economic history: Branch by branch: how North Carolina became a banking giant pp. 52-54

Doug Campbell

Book review: In our hands: a plan to replace the welfare state pp. 55

Aaron Steelman

District economic overview and State economic conditions pp. 56-63

Andrea Holmes and Matthew Martin

Opinion: A penny's worth pp. 64

Raymond Owens

2006, volume 10, articles Sum

President's message: Banking on credibility pp. 1

Jeffrey Lacker

From stagflation to the Great Moderation pp. 2-5

Vanessa Sumo

Jargon alert: Rational expectations pp. 6

Andrew T. Foerster

Research spotlight: Upended pp. 7

Vanessa Sumo

Policy update: Breaking down barriers pp. 8

Vanessa Sumo

Around the Fed: Market power? pp. 9

Doug Campbell

Common ground: big business and the environment shake hands pp. 10

Clayton Broga

On the home front: housing markets cool off in some states but not in others pp. 11-12

Vanessa Sumo

Back-to-school bonanza of boondoggle?: Virginia joins sales-tax holiday bandwagon pp. 12-13

Charles Gerena

Carolina dreaming: newspapers get new owner in the Carolinas pp. 12

Doug Campbell

$afety first pp. 14-18

Charles Gerena

The (illegal) immigrant effect pp. 19-23

Doug Campbell

Short fall: commodity producers are expanding capacity to meet growing demand, but lags in supply are putting pressure on Fifth District manufacturers. Will this round of short-term pain spread to consumers? pp. 24-26

Charles Gerena

Love, money and marriage pp. 27-29

Doug Campbell

Productivity postponed pp. 30-33

Vanessa Sumo

Meet the new Grundy: public works, private education revive Appalachian town pp. 34-36, 40

Betty Joyce Nash

Bypassing banks pp. 37-40

Aaron Steelman

Economic history: On the waterfront: two million immigrants entered the United States via Baltimore in the 19th century pp. 41-43

Betty Joyce Nash

District economic overview / State economic conditions pp. 52-59

Andrea Holmes

2006, volume 10, articles Spr

President's message: Pensions in the 21st century pp. 1

Jeffrey Lacker

Jargon alert: Marginal pp. 2

Andrea L. Waddle

Research spotlight: Fine-tuning pp. 3

Vanessa Sumo

Around the Fed: Working or shirking? pp. 4

Doug Campbell

Policy update: New reforms for deposit insurance pp. 5

Patricia E. Wescott

Carolina bbq.. and H2?: South Carolina jumps on the hydrogen economy bandwagon pp. 6

Charles Gerena

Leaf falls: tobacco crop's first market year pp. 7-8

Betty Joyce Nash

Another triangle talent: Raleigh region rakes in federal money pp. 7

Betty Joyce Nash

Filling empty pockets: payday lending regulation tightens, other short-term products emerge pp. 8

Charles Gerena

The end of the \\"free\\" ride: tolls bring home the true cost of roads pp. 9-15

Betty Joyce Nash

Optimism meets reality in the pursuit of high-speed passenger rail in the Southeast pp. 16-19

Charles Gerena

Trade wars pp. 20-23

Doug Campbell

Seasoned by the seas: boat builders continue to adapt to maritime markets and contribute to coastal economies in eastern North Carolina pp. 24-27

Charles Gerena

Pensions under pressure pp. 28-31

Doug Campbell

The pay divide pp. 32-35

Doug Campbell

Interview: Raymond Sauer pp. 36-41

Aaron Steelman

Economic history: Time travelers: the Fifth District's storied history is attracting a growing number of heritage tourists pp. 42-45

Charles Gerena

Book review: License to bill pp. 46-47

Betty Joyce Nash

District/state economic conditions pp. 48-55

Andrea Holmes and Robert L. Lacy

Opinion: the economist as policy advisor pp. 56

Aaron Steelman

2006, volume 10, articles Win

Noteworthy: Rules, discretion, and the future of the Fed pp. 1

Jeffrey Lacker

Federal Reserve: William McChesney Martin Jr.: a reevaluation pp. 2-7

John H. Wood

Beyond plastic: Capital One sticks with plan to buy Hibernia pp. 8

Doug Campbell

A \\"driver's license\\" for workers: Virginia leads in issuing employability certificates pp. 8-9

Charles Gerena

National flood insurance: Henderson County, N.C., joins the crowd pp. 10

Betty Joyce Nash

Winning ticket: lottery coming to North Carolina pp. 10-11

Doug Campbell

A Danville tradition no more?: Indian firm buys Dan River Inc pp. 11

Betty Joyce Nash

Jargon alert: endogenous pp. 12

Eric Nielsen

Research spotlight: Should we worry about the current account deficit? pp. 13

Aaron Steelman

Policy update: Federal terrorism insurance program renewed pp. 14

John Walter

Around the Fed: Another reason to keep inflation in check pp. 15

Doug Campbell

Family portrait - life is hard in one of Baltimore's toughest neighborhoods but for Janice Walker, it's home pp. 16-23

Charles Gerena

Film at 11: amid mounting competition, broadcast TV stations like WRAL-TV in Raleigh are committing to local news as their ticket to profitability — and durability pp. 24-28

Doug Campbell

Currency conundrum: why are exchange rates out of sync with other economic indicators? pp. 29-31

Doug Campbell

Special section: Base closures in the Fifth District pp. 32-33

Doug Campbell and Megan Martorana

The sheepskin dividend: a college degree is still the best predictor of financial success, but that's not all pp. 34-37

Betty Joyce Nash

Bottleneck: what the Fifth District's only major oil refinery explains about high gas prices in the wake of Hurricanes Katrina and Rita pp. 38-40

Doug Campbell

Identity theft pp. 41-44

Betty Joyce Nash

Economic history: the Sea Island hurricane of 1893 pp. 45-47

Betty Joyce Nash

Interview: Tyler Cowen pp. 48-53

Aaron Steelman

Book review: not by bullets alone pp. 54-55

Aaron Steelman

Regional/District economic developments: District economic overview (and) state economic conditions pp. 56-63

Andrea Holmes and Robert L. Lacy

Opinion: Protectionism's dangerous allure pp. 64

Doug Campbell