May 2014


eBrief is designed to provide legislators and their staff timely information on our research and a more in-depth view on the publications and activities we conduct throughout our region.

May 2014 eBrief

This issue highlights the Richmond Fed's 2013 annual report which features an essay by President Lacker and Renee Haltom on the Fed's financial stability mandate. This eBrief also includes an article by President Lacker on the Fed’s role as "lender of last resort" as well as a working paper that explores the search intensity of job seekers and suggests that the differences between individual workers are important toward understanding why the long-term unemployed are less likely to find work.

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