The Region June 2005 | The Federal Reserve Bank of Minneapolis

Nobel prize-winning economist on discrimination, job training and early childhood education

Gary Stern on the promise of an inflation targeting framework for achieving long-term price stability

Early Childhood Development on a Large Scale
Rob Grunewald and Art Rolnick's proposal for investment in early childhood education. [In Brief] [PDF of paper]
Pensions in Peril
The federal agency that insures private pensions has a $23 billion deficit, raising the specter of a taxpayer bailout. Proposals abound, but fixing the problem won't be easy. [In Brief]
The Top 50—Revisited
Would public disclosure of pension underfunding be useful?
The White House Plan
Depending on your perspective, President Bush’s proposal to reform pension insurance is either a life preserver for the Pension Benefit Guaranty Corp., or an iron yoke that will pull the private pension system straight to the bottom.
Why Johnny Can't Work
A theory of why countries do (or don't) restrict child labor. And what it may tell us about the true wealth of nations. [In Brief]
Corrigan and Wallace Elected to American Academy of Arts and Sciences
Challenge and Promise
Economist Ping Xie chosen to lead Central Huijin Investment Company.