Closing troubled banks: how the process works
John R. Walter
Business failure typically occurs when a financially weak firm can no …
Category: Economic Quarterly
Neoclassical vs. endogenous growth analysis: an overview
Bennett T. McCallum
After a long period of quiescence, growth economics has…
The pre-commitment approach in a model of regulatory banking capital
Edward S. Prescott
The pre-commitment approach to bank capital…
National productivity statistics
Roy H. Webb
Many people now enjoy levels of prosperity that would have been barely imaginable a few…
On the identification of structural vector autoregressions
Pierre-Daniel G. Sarte
Following seminal work by Sims (1980a, 1980b), th…
Expectations and the term structure of interest rates: evidence and implications
Robert G. King
Interest rates on long-term bonds a…
A primer on optimal monetary policy with staggered price-setting
Alexander L. Wolman
If the monetary authority can make a binding p…
The Business Cycle and Industry Comovement
Andreas Hornstein
The U.S. economy, as of the writing of this article, is in its longest…
Shame as it ever was: stigma and personal bankruptcy
Kartik Athreya
Bankruptcy rates have risen rapidly over the past two decades, …
Some recent trends in commercial banking
Huberto M. Ennis
In this article I review some recent trends in the evolution of U.S. comm…