Many economists agree that a country's rate of saving can be a key factor in the growth rate and living standards the country achieves. Analysts are less certain about which factors have positive and negative influences on saving, what role government should have in creating a better environment...

In 2010, the U.S. economy has been showing signs of pulling out of its tailspin. But questions remain about why it took so much monetary policy firepower to deal with the crisis.

This issue of the Economic Letter finds that Latin America hasn't lost faith in open markets, despite recent left-leaning election results. ; In analyzing several economic policy measures for 12 nations that make up the bulk of the Latin American population, authors William C. Gruben and Richard...

At the end of September 2008, U.S. policymakers had been working for more than a year to contain the shock waves from plunging home prices and the subsequent financial market turmoil. For the Federal Reserve, the crisis has given new meaning to the adage that extraordinary times call for...