Research Publications
Economic Letter
Provides timely commentary on the important trends and policy issues shaping our rapidly globalizing, increasingly interconnected economy.
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
Volume 7, Number 12
October 2012
High Unemployment Points to Below-Target (But Still Stable) Inflation
Tyler Atkinson and Evan F. Koenig
Volume 7, Number 11
October 2012
Bringing Banking to the Masses, One Phone at a Time
Janet Koech
Volume 7, Number 10
September 2012
Cost of Decisionmaking Influences Individual Selections
Anton Cheremukhin and Antonella Tutino
Volume 7, Number 9
September 2012
One-Size-Fits-All Monetary Policy: Europe and the U.S.
Mark A. Wynne and Janet Koech
Volume 7, Number 8
August 2012
China's Slowdown May Be Worse Than Official Data Suggest
Janet Koech and Jian Wang
Volume 7, Number 7
August 2012
Market Expectations and Corn Prices: Looking into Future to Explain Present
Michael Plante and Jackson Thies
Volume 7, Number 6
July 2012
Real-Time Historical Dataset Enhances Accuracy of Economic Analyses
Adriana Z. Fernandez, Evan F. Koenig and Alex Nikolsko-Rzhevskyy
Volume 7, Number 5
May 2012
Commodity Futures Investing: Method to the Madness
Michael Plante and Jackson Thies
Volume 7, Number 4
May 2012
Default and Lost Opportunities: A Message from Argentina for Euro-Zone Countries
Carlos E.J.M. Zarazaga
Volume 7, Number 3
February 2012
Economic Rebounds in U.S. and Euro Zone: Deceivingly Similar, Strikingly Different
Anthony Landry and Carlos E.J.M. Zarazaga
Volume 7, Number 2
February 2012
Global Stock Market Linkages Reduce Potential for Diversification
Karen K. Lewis
Volume 7, Number 1
January 2012
Increased Real House Price Volatility Signals Break from Great Moderation
Adrienne Mack and Enrique Martínez-García
Volume 6, Number 14
December 2011
Relating Commodity Prices to Underlying Inflation: The Role of Expectations
J. Scott Davis
Volume 6, Number 13
November 2011
Financiers of the World, Disunite
Jiaqi Chen and Jeffery W. Gunther
Volume 6, Number 12
November 2011
How the U.S. Tax System Stacks Up Against Other G-7 Economies
Anthony Landry
Volume 6, Number 11
October 2011
Did Speculation Drive Oil Prices? Market Fundamentals Suggest Otherwise
Michael D. Plante and Mine K. Yücel
Volume 6, Number 10
October 2011
Did Speculation Drive Oil Prices? Futures Market Points to Fundamentals
Michael D. Plante and Mine K. Yücel
Volume 6, Number 9
September 2011
The Sluggish Recovery from the Great Recession: Why There Is No 'V' Rebound This Time
Mark A. Wynne
Volume 6, Number 8
August 2011
When Will the U.S. Housing Market Stabilize?
John V. Duca, David Luttrell and Anthony Murphy
Volume 6, Number 7
July 2011
Distance and the Impact of 'Gravity' Help Explain Patterns of International Trade
Ananth Ramanarayanan
Volume 6, Number 6
June 2011
Will China Ever Become as Rich as the U.S.?
Mark A. Wynne
Volume 6, Number 5
May 2011
Upstream Capital Flows: Why Emerging Markets Send Savings to Advanced Economies
Simona E. Cociuba
Volume 6, Number 4
May 2011
Inflation Measurement Gives Us Food for Thought
Jim Dolmas
Volume 6, Number 3
March 2011
'Rational Inattention' Guides Overloaded Brains, Helps Economists Understand Market Behavior
Antonella Tutino
Volume 6, Number 2
March 2011
Federal Health Care Law Promises Coverage for All, But at a Price
Jason Saving
Volume 6, Number 1
January 2011
With Reforms in China, Time May Correct U.S. Current Account Imbalance
Jian Wang
Volume 5, Number 15
December 2010
Expanding Variety of Goods Underscores Battle for Competitive Advantage
Shalah M. Mostashari
Volume 5, Number 14
December 2010
The Fallacy of a Pain-Free Path to a Healthy Housing Market
Danielle DiMartino Booth and David Luttrell
Volume 5, Number 13
December 2010
When Tariff Cuts Don't Boost Import Variety
Shalah M. Mostashari
Volume 5, Number 12
December 2010
Gauging the Odds of a Double-Dip Recession Amid Signals and Slowdowns
Harvey Rosenblum and Tyler Atkinson
Volume 5, Number 11
November 2010
The Globalization of Ideas
Anthony Landry
Volume 5, Number 10
October 2010
Financial Crisis Revives Interest in Special Drawing Rights
Simona E. Cociuba
Volume 5, Number 9
September 2010
Sovereign Debt: A Matter of Willingness, Not Ability, to Pay
Ananth Ramanarayanan
Volume 5, Number 8
August 2010
Can the Nation Stimulate Its Way to Prosperity?
Jason Saving
Volume 5, Number 7
July 2010
Recovering from the Housing and Financial Crisis
John V. Duca and David Luttrell
Volume 5, Number 6
June 2010
Cycle-Resistant Credit Systems: Learning from Hong Kong’s Experience
Ying Guan, Jeffery W. Gunther and Sophia Tsai
Volume 5, Number 5
June 2010
Manning the Gates: Migration Policy in the Great Recession
Mike Nicholson and Pia Orrenius
Volume 5, Number 4
May 2010
The Term Auction Facility’s Effectiveness in the Financial Crisis of 2007–09
Tao Wu
Volume 5, Number 3
April 2010
Regulatory and Monetary Policies Meet ‘Too Big to Fail’
Harvey Rosenblum, Jessica J. Renier and Richard Alm
Volume 5, Number 2
February 2010
Durable Goods and the Collapse of Global Trade
Jian Wang
Volume 5, Number 1
January 2010
A Historical Look at the Labor Market During Recessions
Enrique Martínez-García and Janet Koech
Volume 4, Number 10
December 2009
Labor Market Globalization in the Recession and Beyond
W. Michael Cox, Richard Alm and Justyna Dymerska
Volume 4, Number 9
November 2009
What Drives Diesel Fuel Prices?
Jackson Thies and Stephen P. A. Brown
Volume 4, Number 8
November 2009
Trade, Globalization and the Financial Crisis
Mark A. Wynne and Erasmus K. Kersting
Volume 4, Number 7
September 2009
Fed Policy in the Financial Crisis: Arresting the Adverse Feedback Loop
Danielle DiMartino Booth and Jessica J. Renier
Volume 4, Number 6
August 2009
TALF: Jump-Starting the Securitization Markets
Kenneth J. Robinson
Volume 4, Number 5
July 2009
Has Greater Globalization Made Forecasting Inflation More Difficult?
Mark A. Wynne and Patrick Roy
Volume 4, Number 4
June 2009
Taming the Credit Cycle by Limiting High-Risk Lending
Jeffery W. Gunther
Volume 4, Number 3
April 2009
Seeking Stability: What’s Next for Banking Regulation?
Simona E. Cociuba
Volume 4, Number 2
February/March 2009
Fed Confronts Financial Crisis by Expanding Its Role as Lender of Last Resort
John V. Duca, Danielle DiMartino and Jessica J. Renier
Volume 4, Number 1
January 2009
Ties that Bind: Bilateral Trade's Role in Synchronizing Business Cycles
Ananth Ramanarayanan
Volume 3, Number 12
December 2008
Financial Crisis Casts Shadow Over Commercial Real Estate
Roland Meeks
Volume 3, Number 11
November 2008
Globalization and the Changing Nature of the U.S. Economy’s Influence in the World
Adriana Z. Fernandez and Alex Nikolsko-Rzhevskyy
Volume 3, Number 10
October 2008
Fed Intervention: Managing Moral Hazard in Financial Crises
Harvey Rosenblum, Danielle DiMartino, Jessica J. Renier and Richard Alm
Volume 3, Number 9
September 2008
The Big Mac: A Global-to-Local Look at Pricing
Anthony Landry
Volume 3, Number 8
August 2008
China and India: Two Paths to Economic Power
W. Michael Cox and Richard Alm
Volume 3, Number 7
July 2008
Reaching Mexico's Unbanked
Edward C. Skelton
Volume 3, Number 6
June 2008
Why Are Exchange Rates So Difficult to Predict?
Jian Wang
Volume 3, Number 5
May 2008
Crude Awakening: Behind the Surge in Oil Prices
Stephen P. A. Brown, Raghav Virmani and Richard Alm
Volume 3, Number 4
April 2008
Financial Market Tremors: Causes and Responses
Richard W. Fisher
Volume 3, Number 3
March 2008
Intellectual Property Protection in a Globalizing Era
Edwin Lai
Volume 3, Number 2
February 2008
Accounting For the Bond-Yield Conundrum
Tao Wu
Volume 3, Number 1
January 2008
Inequality and Growth: Challenges to the Old Orthodoxy
Erwan Quintin and Jason L. Saving
Volume 2, Number 12
December 2007
From Complacency to Crisis: Financial Risk Taking in the Early 21st Century
Danielle DiMartino, John V. Duca and Harvey Rosenblum
Volume 2, Number 11
November 2007
The Rise and Fall of Subprime Mortgages
Danielle DiMartino and John V. Duca
Volume 2, Number 10
October 2007
What's Driving Gasoline Prices?
Stephen P. A. Brown and Raghav Virmani
Volume 2, Number 9
September 2007
The 'Great Moderation' in Output and Employment Volatility: An Update
Evan F. Koenig and Nicole Ball
Volume 2, Number 8
August 2007
Hedge Fund Investors More Rational Than Rash
Jeffery W. Gunther and Anna Zhang
Volume 2, Number 7
July 2007
Is Latin America Saying Adios to Market-Friendly Reforms?
William C. Gruben and Richard Alm
Volume 2, Number 6
June 2007
Measuring the Taylor Rule's Performance
Adriana Z. Fernandez and Alex Nikolsko-Rzhevskyy
Volume 2, Number 5
May 2007
Women at Work: A Progress Report
W. Michael Cox and Richard Alm
Volume 2, Number 4
April 2007
Fiscal Fitness: The U.S. Budget Deficit’s Uncertain Prospects
Jason L. Saving
Volume 2, Number 3
March 2007
Obstacles to Measuring Global Output Gaps
Mark A. Wynne and Genevieve R. Solomon
Volume 2, Number 2
February 2007
After the Fall: Globalizing the Remnants of the Communist Bloc
Julia K. Carter
Volume 2, Number 1
January 2007
Does Foreign Direct Investment Help Emerging Economies?
Anil Kumar
Volume 1, Number 12
December 2007
Through a Glass, Darkly: How Data Revisions Complicate Monetary Policy
Evan F. Koenig
Volume 1, Number 11
November 2007
Making Sense of the U.S. Housing Slowdown
John V. Duca
Volume 1, Number October
Laying the Foundation for a Mortgage Industry in Mexico 2007
Edward C. Skelton
el0610
Volume 1, Number 9
September 2007
Globalization’s Effect on Interest Rates and the Yield Curve
Tao Wu
Volume 1, Number 8
August 2007
The Looming Challenge of the Alternative Minimum Tax
Alan D. Viard
Volume 1, Number 7
July 2007
How Labor Market Policies Shape Immigrants’ Opportunities
Pia M. Orrenius and Genevieve R. Solomon
Volume 1, Number 6
June 2007
Mexico’s Financial Vulnerability: hen and Now
Erwan Quintin and José Joaquín López
Volume 1, Number 5
May 2007
Integration and Globalization: The European Bellwether
Jason L. Saving
Volume 1, Number 4
April 2007
Running on Empty? How Economic Freedom Affects Oil Supplies
Stephen P. A. Brown and Richard Alm
Volume 1, Number 3
March 2007
Apparel Exports and Education: How Developing Nations Encourage Women’s Schooling
William C. Gruben and Darryl McLeod
Volume 1, Number 2
February 2007
Beyond the Outsourcing Angst: Making America More Productive
Thomas F. Siems
Volume 1, Number 1
January 2007