Fourth Quarter 2007

Risks of Identity Theft: Can the Market Protect the Payment System?
Stacey L. Schreft   (Summary | Article  PDF 277K) 

Industrial Loan Companies: A Growing Industry Sparks a Public Policy Debate
Kenneth Spong and Eric Robbins    (Summary | Article  PDF 221K) 

How Useful is Okun's Law?
Edward S. Knotek, II    (Summary | Article  PDF 364K) 

Booms and Busts: The Case of Subprime Mortgages
Edward M. Gramlich    (Summary | Article  PDF 51K) 

Rising Foreclosures in the United States: A Perfect Storm
Kelly D. Edmiston and Roger Zalneraitis    (Summary | Article  PDF 348K) 

Third Quarter 2007

The Role of Money in Monetary Policy: Why Do the Fed and ECB See It So Differently?
George A. Kahn and Scott Benolkin    (Summary | Article  PDF 294K) 

Work and Taxes: Allocation of Time in OECD Countries
Lee Ohanian, Andrea Raffo, and Richard Rogerson    (Summary | Article PDF 194K) 

The Tenth District's Defining Industries: How Are They Changing?
Chad R. Wilkerson and Megan D. Williams    (Summary | Article  PDF 217K) 

Nonbanks in the Payments System: Innovation, Competition, and Risk - A Conference Summary
Richard J. Sullivan and Zhu Wang    (Summary | Article  PDF 109K) 

Risk Management and Nonbank Participation in the U.S. Retail Payments System
Richard J. Sullivan    (Summary | Article  PDF 161K) 

A Guide to Aggregate House Price Measures
Jordan Rappaport    (Summary | Article  PDF 167K) 

The Role of Small and Large Businesses in Economic Development
Kelly Edmiston    (Summary | Article  PDF 116K) 

Communicating a Policy Path: The Next Frontier in Central Bank Transparency?
George A. Kahn    (Summary | Article  PDF 106K) 

What Happened to the Gains From Strong Productivity Growth?
Jonathan L. Willis and Julie Wroblewski    (Summary | Article  PDF 111K) 

Will Energy Markets Refuel the Rural Economy?
Jason Henderson and Maria Akers    (Summary | Article  PDF 585K)