Econ Focus (formerly Region Focus) is the economics magazine of the Federal Reserve Bank of Richmond. It covers economic issues affecting the Fifth Federal Reserve District and the nation and is published on a quarterly basis by the Bank's Research Department.
Region Focus - Fourth Quarter 2010
Cover Story
As economies recover from recessions the transition often can be slow and unpredictable. Yet economists have studied this process less than one might expect. Many factors play important roles in determining the recovery process, including prudent monetary policy, clean balance sheets, consumer and business confidence, and exogenous shocks.
Features
Debts and Defaults: The growing market -- and tab -- for student loans
Student loan debt has increased greatly in recent years, as have the default rates on that debt. Rising tuition rates, federal subsidies, and securitization contributed to the increase, but new regulations may lead to significant changes for both lenders and borrowers.
Related Links
Caretaking the Culture: Art museums strive for financial stability
The Virginia Museum of Fine Arts recently unveiled the biggest expansion in its history, designed to turn the 75-year-old museum into a public gathering place. Although it's a challenge for museums to charge visitors in a way that fully pays the bills, ensuring widespread accessibility to patrons is an important part of their mission.
Related Links
Triangulating the Recession: Knowledge jobs lend resistance, but not immunity, to downturn
The Triangle region of North Carolina may not be recession-proof, but it's surely cushioned by its mix of high-skilled jobs in fields such as the life sciences, pharmaceuticals, and math-intensive professions.
Departments
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Additional Resources |
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President's Message |
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Upfront |
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Federal Reserve |
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Jargon Alert |
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Research Spotlight |
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Policy Update |
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Around the Fed |
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Interview |
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Book Review |
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Economic History |
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District Digest |
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Opinion |
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