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The 2001 recession and the states of the Eighth Federal Reserve District

Owyang, Michael T.; Piger, Jeremy M.; Wall, Howard J. - Federal Reserve Bank of St. Louis - 2005

This paper examines and compares the recent business cycle experiences of the seven states that lie partly or wholly within the Eighth Federal Reserve District (Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri, and Tennessee). For the period surrounding the 1990-91 NBER recession,...

Persistent link: https://www.econbiz.de/10005490981

The outlook: Mississippi and the nation

Poole, William - Federal Reserve Bank of St. Louis - 2005

Presentation to the Northeast Mississippi Economic Forecast Conference, Jan. 20, 2005

Persistent link: https://www.econbiz.de/10011185073

The outlook: Mississippi and the nation

Poole, William - Federal Reserve Bank of St. Louis - 2005

Presentation to the Northeast Mississippi Economic Forecast Conference, Jan. 20, 2005

Persistent link: https://www.econbiz.de/10005726542

Racial profiling or racist policing? : Bounds tests in aggregate data

Hernández-Murillo, Rubén (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002115973

Crime and arrests: deterrence or resource reallocation?

Garrett, Thomas A.; Ott, Lesli S. - Federal Reserve Bank of St. Louis - 2010

the resource reallocation hypothesis (arrests follow from an increase in crime). We find (1) weak support for the …-level estimates suggest much heterogeneity in the crime and arrest relationship across regions. …

Persistent link: https://www.econbiz.de/10008489208

City business cycles and crime

Garrett, Thomas A.; Ott, Lesli S. - Federal Reserve Bank of St. Louis - 2008

We explore the influence of city-level business cycle fluctuations on crime in 20 large cities in the United States … unemployment and wages, are found to have little effect on city crime across many cities, but property crimes were more likely to … find strong evidence that in many cities more arrests follow from an increase in crime rather than arrests leading to a …

Persistent link: https://www.econbiz.de/10005490906

Learning and structural change in macroeconomic data

Bullard, James B.; Duffy, John - Federal Reserve Bank of St. Louis - 2004

We include learning in a standard equilibrium business cycle model with explicit growth. We use the model to study how the economy's agents could learn in real time about the important trend-changing events of the postwar era in the U.S., such as the productivity slowdown, increased labor force...

Persistent link: https://www.econbiz.de/10005360544

Corporate governance, entrenched labor, and economic growth

Emmons, William R.; Schmid, Frank A. - Federal Reserve Bank of St. Louis - 2001

The German system of codetermination contributes to the entrenchment of labor. We show in a two-period model of project choice that entrenched labor leads to underinvestment and overstaffing. We provide empirical evidence that German firms subject to codetermination with equal representation of...

Persistent link: https://www.econbiz.de/10005360568

Institutions and government growth: a comparison of the 1890s and the 1930s

Garrett, Thomas A.; Rhine, Russell M. - Federal Reserve Bank of St. Louis - 2008

Statistics on the size and growth of the U.S. federal government, along with the rhetoric of President Franklin Roosevelt, seem to indicate that the Great Depression was the event that started the dramatic growth in government spending and intervention in the private sector that has continued to...

Persistent link: https://www.econbiz.de/10005360569

Trade, growth and capital: a case study of Jamaica

Allen, Donald S.; Gyles, Michelle T. - Federal Reserve Bank of St. Louis - 1995

This is the first of two articles on the dynamics of the Jamaican economy over the last two and a half decades. It compares the overall macroeconomy of Jamaica in the areas of output, fiscal and monetary policy, capital formation and trade to that of Singapore and South Korea. The conclusion...

Persistent link: https://www.econbiz.de/10005360579