Economic Commentary
Providing you with in-depth analysis of current economic and financial issues.
1994
- December 15, 1994
- Year-end report of the Fourth District Economists’ Roundtable
- (PDF)
- December 1, 1994
- How Important Are U.S. Capital Flows into Mexico?
- (PDF)
- November 15, 1994
- Understanding Differences in Regional Poverty Rates
- (PDF)
- November 1, 1994
- Fear and loathing in executive pay
- (PDF)
- October 15, 1994
- Specialization in Risk Management
- Over the past year, derivative financial instruments have come under intense scrutiny, prompting some to call for new legislation or regulation to address their perceived risks. At a recent academic conference, Federal Reserve Bank of Cleveland President Jerry L. Jordan gave his perspective on the issues. In this excerpt of his paper, he emphasizes that these contracts represent innovations in risk management, not in risk. As participants develop fuller disclosure and better accounting and legal conventions, derivatives will enhance wealth by allowing risk to be borne more efficiently. Ultimately, regulation comes from the global marketplace and should not be distorted by a central-bank safety net. (PDF)
- October 1, 1994
- Bank Receivership and Conservatorship
- (PDF)
- September 15, 1994
- The Economics of Health Care Reform
- (PDF)
- September 1, 1994
- Banking and the Flow of Funds: Are Banks Losing Market Share?
- (PDF)
- August 15, 1994
- Looking back at slow employment growth
- (PDF)
- August 1, 1994
- Midyear report of the Fourth District Economist’s Roundtable
- (PDF)
- July 15, 1994
- Must the Fed Fight Growth?
- (PDF)
- July 1, 1994
- A beginner’s guide to the U.S. payments system
- A description of the U.S. payments system, outlining its evolution and examining some of the areas where improvements are needed. (PDF)
- June 15, 1994
- Are the Japanese to blame for our trade deficit
- (PDF)
- June 1, 1994
- The government’s role in the health care industry: past, present, and future
- (PDF)
- May 15, 1994
- Assessing progress toward price stability: looking forward and looking backward
- (PDF)
- May 1, 1994
- Lessons from the Collapse of Three State-Chartered Private Deposit Insurance Funds
- (PDF)
- April 15, 1994
- Health care reform from a generational perspective
- (PDF)
- April 1, 1994
- Central Bank Independence
- (PDF)
- March 15, 1994
- Back to the future: prospective deficits through the prism of the past
- A look at the Clinton administration’s first piece of budget legislation--the Omnibus Budget Reconciliation Act of 1993 (OBRA93)--showing that although it appears to be more successful than OBRA90, its Bush administratIon predecessor, it may still be subject to the same type of unanticipated "technical" problems that undermined the earlier legislation. (PDF)
- March 1, 1994
- Issues in CRA reform
- (PDF)
- February 15, 1994
- The national depositor preference law
- (PDF)
- February 1, 1994
- Are Service-Sector Jobs Inferior?
- (PDF)
- January 15, 1994
- Report of the Fourth District Economists’ Roundtable
- (PDF)
- January 1, 1994
- Monetary policy and inflation: 1993 in perspective
- (PDF)