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EconSouth

Seeking monetary explanations for the Great Depression

Seeking monetary explanations for the Great Depression Seventy years after the Great Depression, economists still debate the causes of this economic catastrophe. Two leading explanations are distinguished by whether or not the Federal Reserve’s monetary policies are perceived as being chiefly responsible for propagating and magnifying the initial contraction into a depression. In a recent […]

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EconSouth

Geomagnetic storms and international stock markets

Geomagnetic storms and international stock markets – Research Notes & News Explaining movements in daily stock prices is one of the most difficult tasks in modern finance. A recent working paper contributes to the existing literature by documenting the impact of geomagnetic storms on international stock market returns. A large body of psychological research has […]

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EconSouth

Fussing and fuming over Fannie Mae and Freddie Mac

Fussing and fuming over Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac are the second- and third-largest U.S. companies and play a central role in housing finance markets. Both companies are considered government-sponsored enterprises (GSEs) because they maintain federal charters that confer a number of rights and responsibilities on them. The largest benefit […]

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EconSouth

Are we running out of oil? Both the availability and the cost of oil concern Americans across the country. Consumers are anxious not only about prices at the gas pump but also about whether oil will be around for the next generation

Are we running out of oil? Both the availability and the cost of oil concern Americans across the country. Consumers are anxious not only about prices at the gas pump but also about whether oil will be around for the next generation – Cover Story Robert Eisenbeis Increased unrest and instability in the Middle East […]

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EconSouth

The race for retail market share in the Southeast; winning the business of the retail consumer is not a game for the fainthearted, especially during a period of economic hesitation. Despite retailers’ friendly claims of customer service and good value at low prices, retail competition is as fierce and unforgiving as a stock car race at Daytona International Speedway – Cover Story

The race for retail market share in the Southeast; winning the business of the retail consumer is not a game for the fainthearted, especially during a period of economic hesitation. Despite retailers’ friendly claims of customer service and good value at low prices, retail competition is as fierce and unforgiving as a stock car race […]

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EconSouth

Defense spending flies high in the Southeast: Florida Georgia claim the fourth- and fifth-largest allocations for military spending in the nation, and the defense industry is significant in the Southeast as a whole. Increased spending for contracts, personnel and military base operation will sustain some jobs and stimulate the region’s technology-based enterprises, at least in the near term – Cover Story

Defense spending flies high in the Southeast: Florida Georgia claim the fourth- and fifth-largest allocations for military spending in the nation, and the defense industry is significant in the Southeast as a whole. Increased spending for contracts, personnel and military base operation will sustain some jobs and stimulate the region’s technology-based enterprises, at least in […]

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EconSouth

A little credit goes a long way: the global microfinance movement: a proverb says that “ready money works great cures.”

A little credit goes a long way: the global microfinance movement: a proverb says that “ready money works great cures.” – credit for low-income families and businesses Elena Casal A little credit goes a long way: the global microfinance movement: a proverb says that “ready money works great cures.” Unfortunately, many of the world’s citizens […]

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EconSouth

Are online currencies “virtual banknotes”? – Research Notes & News – failure of online currencies

Are online currencies “virtual banknotes”? – Research Notes & News – failure of online currencies – Brief Article The history of money is marked by innovations that have expanded the role of “inside money”–money created by the private sector. For instance, the past few years have seen the development of several types of online payment […]

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EconSouth

recent events and trends from the six states of the Sixth Federal Reserve District

The state of the states: recent events and trends from the six states of the Sixth Federal Reserve District Dave Avery ALABAMA * EADS North America has selected Mobile as the site for a $600 million factory that will produce an aerial refueling plane for the U.S. Air Force. The plane will be EADS’ tanker […]

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EconSouth

Take an online tour – Research Notes & News – Atlanta’s Visitors Center and Monetary Museum

Take an online tour – Research Notes & News – Atlanta’s Visitors Center and Monetary Museum – Brief Article This spring the Atlanta Fed launched an online tour of its Visitors Center and Monetary Museum. The virtual tour “walks” Internet visitors through the central exhibits of the museum, which present the story of money’s evolution […]