Philadelphia
Real-time activity index shows depth of recession
Philadelphia Fed paper constructs index of real-time macroeconomic information, showing that the recent recession was defined by its severity relative to its length
Real-time macroeconomic monitoring
A new paper from the Philadelphia Fed sketches a framework for monitoring the
Federal Reserve -- Beige Book
US central bank’s first report for 2010 shows the economy continuing to improve
Inflation costs: Philadephia Fed working paper
Philadelphia Fed paper examines cost of inflation in a DSGE model
Philadelphia Fed Business Review
Review features articles on monetary policy implementation, banking design and the best way for central banks to transmit information
Plosser attacks Fed liquidity support
Philadelphia Federal Reserve president says central bank has gone “far beyond” Bagehot’s lender-of-last-resort tenet, should accept nothing but Treasuries
Banking: a mechanism design approach
Philadelphia Federal Reserve research uses mechanism design to study banking
Traders’ inventories affect market liquidity
Philadelphia Federal Reserve investigates how holdings of mortgages will affect traders’ propensity to buy and sell further
Subprimes didn’t perform worse than prime loans: Philadelphia Fed
Philadelphia Fed’s loans data analysis yields unexpected results
Education pays: Philadelphia Fed on innovation
Philadelphia Federal Reserve looks at where does geographically adaptation to innovation take place
Small firms also make it in exports
Philadelphia Federal Reserve says exporters not necessarily larger than non-exporting firms
Plosser joins district criticism of Fed
Charles Plosser, the president of the Reserve Bank of Philadelphia, added his voice to a growing chorus of discontent from regional banks over the policies of the Washington-based Federal Reserve Board.
All US states contract for first time on record
The economies of all of the 50 American states shrank in February for the first time since records began in January 1979.
A labour model for inflation dynamics
A model with sticky nominal wages and right-to-manage bargaining best captures the response of inflation to nominal labour shocks, a new paper from the Philadelphia Federal Reserve posits.
New measures for housing inflation needed
Policymakers lack appropriate measures of inflation for the market in owner-occupied housing services, argues a new paper form the Philadelphia Federal Reserve.
Labour markets matter for ECB policy
Disturbances in the wage-bargaining process are a significant contributor to inflation and output fluctuations in euro-area, a paper from the Philadelphia Federal Reserve finds.
Recovery to begin in 2009 - Philadelphia's Plosser
President of the Philadelphia Fed Charles Plosser sees the economy starting to slowly recover in the second half of 2009.
Philadelphia Fed promotes five vice presidents
The Philadelphia Federal Reserve has promoted one of its staff to the role of executive vice president, two to the role of senior vice president, and two to vice presidential positions.
A better approach to prediction
The Philadelphia Federal Reserve has developed what it believes to be a superior approach to forecasting a range of macroeconomic variables.
Schumpeter superior to Smith
Schumpeter's creative destruction is better for understanding the nature of the US economy than Smith's invisible hand and perfect competition, according to new research from the Philadelphia Federal Reserve.
Investing in beautification pays off
A beautiful city will attract more highly-educated individuals and experience faster house-price growth, finds a new paper from the Philadelphia Federal Reserve.
Silicon Valley typical of US R&D geography
Research and development (R&D) activity in the US tends to be heavily geographically concentrated, a paper published by the Philadelphia Federal Reserve finds.
Unemployment rate and benefits relationship
A new paper from the Federal Reserve Bank of Philadelphia investigates the impact of unemployment benefits on the jobless rate.
Bankruptcy delays foreclosure
Filing for personal bankruptcy adds a little over a year to a foreclosure process, finds a new paper from the Philadelphia Federal Reserve.