Meeting the currency demands of depository institutions, businesses, and consumers costs the Federal Reserve more than half a billion dollars each year, yet, very little research has been devoted to understanding what factors affect such costs. The authors estimate a cost function in order to...

A look at the U.S. Census Bureau and the Federal Reserve Board indexes of capacity utilization, with an explanation of the indexes' construction, advantages, and shortcomings; conclusion of June 15 issue.

An examination of the usefulness of two measures of capacity utilization in predicting price pressures and future investment: one measure attempts to represent the maximum physical output a plant can produce, and one is based on changes in production costs as output increases; article concludes...

Could the Federal Reserve lower its overall currency processing costs by reallocating its high-speed currency sorting volume? Given estimates of currency shipping costs and scale economies for high-speed sorting, the authors’ model minimizes costs by optimal distribution of sorting volumes...

Fruit de recherches sur le terrain menées en 2006 et 2007 dans la région de la Šumava au sud de la Bohême, l’analyse se focalise sur la frontière germanotchèque pour tenter de déterminer la place du passé dans les politiques transfrontalières de développement local. Issue d’une...

Labor productivity growth, a measure of output per unit of work, is closely tied to gains in wages and living standards, and it provides a direct measure of a country’s competitive position over time. The same holds true for states. Since the last business cycle peak in 2000, states boosted...