Recently added articles from Federal Reserve Bank of St. Louis Review:
The credit crisis and cycle-proof regulation.
Sep 01, 2009; Rajan, Raghuram G. ... This article was originally presented as the Homer Jones Memorial Lecture, organized by the Federal Reserve Bank of St. Louis, St. Louis, Missouri, April 15, 2009. ********** First, I would like to thank the St. Louis Fed, especially Kevin Kliesen, and the National ...
Systemic risk and the financial crisis: a primer.
Sep 01, 2009; Bullard, James ... How did problems in a relatively small portion of the home mortgage market trigger the most severe financial crisis in the United States since the Great Depression? Several developments played a role, including the proliferation of complex mortgage-backed securities and derivatives with ...
Can the term spread predict output growth and recessions? A survey of the literature.
Sep 01, 2009; Wheelock, David C. ... This article surveys recent research on the usefulness of the term spread (i.e., the difference between the yields on long-term and short-term Treasury securities) for predicting changes in economic activity. Most studies use linear regression techniques to forecast changes in output or ...
Mexico's integration into NAFTA markets: a view from sectoral real exchange rates.(North American Free Trade Agreement)
Sep 01, 2009; Blavy, Rodolphe ... The authors use a threshold autoregressive model to confirm the presence of nonlinearities in sectoral real exchange rate dynamics across Mexico, Canada, and the United States for the periods before and after the North American Free Trade Agreement (NAFTA). Although trade liberalization is ...
