Publications

2009

 
 
Date Title Category
November 18, 2009 Richmond Fed Publication Examines Quality of Life

The cover story of this issue of Region Focus looks at how recent economic research can help us better understand quality of life.

Publications
October 1, 2009 Richmond Fed's Economic Quarterly Reviews the Economic Theory of Redistributive Taxation

General equilibrium theory — a starting point for much economic analysis — suggests that market allocations are efficient and that the societally preferred level of income redistribution can in principle be achieved by non-distortionary lump-sum taxes and transfers. But when governments do not possess sufficiently fine information about people’s preferences, this finding does not hold. Richmond Fed economist Borys Grochulski studies the use of distortionary taxes — taxes that alter people’s incentives – to achieve a given level of redistribution.

Publications
September 2, 2009 Richmond Fed Publication Examines Credit Rating Agencies

The cover story of this issue of Region Focus considers what role credit rating agencies played in contributing to the financial crisis and examines proposals to reform those agencies.

Publications
September 2, 2009 Richmond Fed Publication Examines Credit Rating Agencies

The cover story of this issue of Region Focus considers what role credit rating agencies played in contributing to the financial crisis and examines proposals to reform those agencies.

Publications
July 2, 2009 Richmond Fed's Economic Quarterly Examines Consolidating Financial Regulation

The Consolidation of Financial Regulation: Pros, Cons, and Implications for the United States by Sabrina R. Pellerin, John R. Walter, and Patricia E. Wescott

Publications
May 26, 2009 Richmond Fed's Annual Report Features Essay on the Financial Crisis

The Federal Reserve Bank of Richmond today released its 2008 Annual Report, which features the essay "The Financial Crisis: Toward an Explanation and Policy Response."

Publications
April 27, 2009 Richmond Fed's Economic Quarterly Explores the Housing Market

Many people presume that financial innovations over the last 30 years that have made it easier for households to borrow against the collateral value of their homes have increased the demand for housing and, as a result, house prices.

Publications
March 17, 2009 Special Issue of the Richmond Fed's Economic Quarterly Surveys the Phillips Curve

Discussions of the Phillips curve — the relationship between inflation and unemployment — have been at the core of monetary policymaking since the 1960s. The four articles in this Special Issue of Economic Quarterly explore the history of the Phillips curve, the structural estimation of the New Keynesian Phillips curve, and the policy implications of the nominal rigidities underlying the New Keynesian Phillips curve.

Publications
January 8, 2009 Richmond Fed Publication Examines the Economics of Housing

The cover story of this issue of Region Focus considers what could be done to help the functioning of the housing market.

Publications
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Richmond

Aaron Steelman
Publications Director
(804) 697-2658