The Richmond Fed’s July Economic Brief highlights new research that suggests buyers’ differing ability and willingness to shop around might explain price dispersion – wide variations in price for the same product.
The Federal Reserve Bank of Richmond announces the appointment of Huberto Ennis as group vice president and Gina Friese as assistant vice president.
The Federal Open Market Committee today reaffirmed its view that the current target range of 0 to .25 percent for the federal funds rate remains appropriate.
In the latest issue of Economic Quarterly, Richmond Fed Economist Marianna Kudlyak, St. Louis Fed Economist Maria E. Canon, City University of Hong Kong Assistant Professor Guannan Luo, and Richmond Fed Research Assistant Marisa Reed find that changes in the transition probabilities to and from PTER in the aftermath of the recession mainly impact the composition of employment instead of the distribution of individuals between employment and non-employment.
The Federal Reserve Bank of Richmond’s June Economic Brief highlights new research that compares failures of community and midsize banks in 1986–92 with those in 2007–13 as a way of evaluating the Federal Deposit Insurance Corporation Improvement Act (FDICIA) and the international Basel Accord (Basel I).