|November 26, 2014||
Richmond Fed Magazine Econ Focus Reports on the Economic Effects of Population Growth
For centuries, thinkers have predicted economic and resource collapse from overpopulation. The prophecies of doom have failed to come true, however. As developing countries have become more prosperous, their fertility rates have tended to decline. Economists now say that large populations can boost the growth of an economy. The cover story in the latest issue of Econ Focus looks at these and other economic issues involved in population growth.
|November 21, 2014||
UNC Wins District College Fed Challenge
Students from the University of North Carolina won the district title in the Federal Reserve Bank of Richmond’s College Fed Challenge competition.
|November 19, 2014||
Minutes of the Federal Open Market Committee, October 28-29, 2014
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 28-29, 2014.
|November 13, 2014||
Richmond Fed Announces Officer Appointment
The Federal Reserve Bank of Richmond announces the following officer appointment:
|November 3, 2014||
Fifth Federal Reserve District Directors Elected
The Fifth Federal Reserve District member banks elected directors of the Federal Reserve Bank of Richmond for three-year terms effective January 1, 2015.
|October 29, 2014||
The Federal Open Market Committee decided to conclude its asset purchase program this month and maintain the current target range for the federal funds rate.
|October 21, 2014||
Richmond Fed Announces Officer Appointments
The Federal Reserve Bank of Richmond announces the following officer appointments in its Information Technology department:
|October 15, 2014||
Beige Book Shows Modest Improvement in District Economic Conditions
The October Beige Book summarizes economic conditions in the Fifth District and across the country.
|October 9, 2014||
Richmond Fed's Economic Quarterly Explores Executive Compensation Packages
The first step in understanding the incentives provided to CEOs of large public firms is to measure their compensation accurately. In the latest issue of Economic Quarterly, Richmond Fed economist Arantxa Jarque and research assistant John Muth use the available data to construct a measure of annual income that is based on realized compensation, rather than on the expected value of stock and option grants. They discuss the limitations of the available data required to construct this measure, and compare it to other measures recently used in the literature. They also propose a counterfactual exercise to project what annual income for CEOs would have been in different performance scenarios for their firm and present their estimates of annual income and its sensitivity to performance for the period from 1993 to 2012, with a particular focus on the financial industry since the 2007-2008 financial crisis.
|October 8, 2014||
Minutes of the Federal Open Market Committee, September 16-17, 2014
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 16-17, 2014. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.