Second Quarter 2016
First Quarter 2016
Monetary Policy at the Zero Lower Bound: Revelations from the FOMC's Summary of Economic ProjectionsBy George Kahn and Andrew Palmer George A. Kahn and Andrew Palmer assess how FOMC participants' projections that policy would lift off from its effective lower bound related to their projections for inflation and unemployment. The article is summarized in The Macro Bulletin.
Economic Review Archive
Troy Davig, Nida Çakır Melek, Jun Nie, Lee Smith, and Didem Tüzemen find changes in expectations of future oil supply relative to demand are the main drivers of the recent oil price decline. The article is summarized in The Macro Bulletin.
Jordan Rappaport analyzes the forces driving the recent rebound in multifamily construction. The article is summarized in The Macro Bulletin.
Jason Brown examines how the recent period of declining oil prices has affected employment in oil- and gas-producing states.
The authors examine whether risk premiums can predict future economic growth and whether monetary policy can influence risk premiums. The article is summarized in The Macro Bulletin.
Michal Kowalik, Troy Davig, Charles S. Morris, and Kristen Regehr analyze the financial characteristics of acquired community banks from 2011 to 2014.