The recent decline in the Federal Reserve’s check volumes has received a lot of attention. Although switching to electronic payments methods and electronic checkprocessing has been credited for much of that decline, some of it could be caused by changes following bank mergers involving Federal...

This document serves as the technical appendix to the 2010 Survey of Consumer Payment Choice. The Survey of Consumer Payment Choice (SCPC) is an annual study designed primarily to study the evolving attitudes to and use of various payment instruments by consumers over the age of 18 in the United...

This document serves as the technical appendix to the 2011 and 2012 Surveys of Consumer Payment Choice. The Survey of Consumer Payment Choice (SCPC) is an annual study designed primarily to study the evolving attitudes to and use of various payment instruments by consumers over the age of 18 in...

The authors derive an estimate of the Federal Reserve's assessment of the natural rate of unemployment in real time from the Greenbook forecast of inflation. The estimated natural rate starts to rise noticeably in the second half of the mid-1970s. It stays relatively high in the 1980s, and then...