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About Us
We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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We work to support a safe and sound financial system and foster an efficient and accessible payments system.
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We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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We share research, data and resources and regularly engage regional leaders and policymakers to understand and address community‑specific economic issues.
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Econ Focus

Deadweight Loss
By Eric Nielsen

Waldfogel, Joel. "The Deadweight Loss of Christmas." American Economic Review, December 1993, vol. 83, no. 5, pp. 1328-1336.

Entry on "Deadweight Loss" from Wikipedia: The Free Encyclopedia

Tim Sablik