Banking and Policy Issues Magazine
September 2001
Interview with Thomas Sowell
Hoover Institution economist and prolific author talks about the value of economic literacy in formulating better public policy, his writing style and a variety of other topics.
Annual Reports
The RegionTop of the Ninth
Gary Stern, president of the Federal Reserve Bank of Minneapolis, shares his thoughts on the difficulty of generating accurate short-term economic forecasts.- The Economy Rarely Takes Direction from Forecasters
Top of the Ninth
Using Market Data in the Supervisory Process
Discussion from a spring symposium on the use of market data in the bank supervision process.- Using Market Data in the Supervisory Process
Introduction to the Symposium - Harnessing Market Discipline
- Taking Market Data Seriously
- Market Data and Bank Supervision: The Transition to Practical Use
Incorporating market data into the examination process.
Articles
- The Magic's Gone
A hard look at the data shows that the famous Phillips curve does no better at forecasting inflation than a simple look at the past. - Chasing the Tail of High-Tech
The impact of high-tech industries, seen as the mainstay of the new economy, proves difficult to gauge. - Locating Federal Reserve Districts and Headquarters Cities
What determined district boundaries and Fed headquarters cities in 1914? A review of the writings of Henry Parker Willis gives us an idea. - Dividing the Country into Federal Reserve Districts
- Observations on Public Policy: The Case of Homelessness
Guest Editorial: Minneapolis Fed Vice President and Advisor Preston Miller reflects on homelessness and offers some important considerations and relevant facts about this significant issue.
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