The Region June 2008 | The Federal Reserve Bank of Minneapolis

MIT economist and incoming president of the National Bureau of Economic Research

Issues in Macroeconomic Policy
Top of the Ninth: Gary Stern’s remarks at the European Economics and Financial Centre in London, March 2008. [PDF]

Licentious Behavior
Should mortgage brokers face tougher licensing regulations? In light of the mortgage meltdown, many think the answer is an obvious yes, but recent research urges caution. [In Brief] [PDF]
The rise of occupational licensing
More and more U.S. jobs are covered by licenses, and the wage effect is substantial.
Wanted: Entrepreneurs
(Just don't ask for a job description) If entrepreneurship is so important, why don't we know more about it? [In Brief] [PDF]
Laying the Foundation
Researchers look for better ways to quantify the benefits of investment in early childhood development. [PDF]
The History of a Powerful Paragraph
Section 13(3) enacted Fed business loans 76 years ago [PDF]
Prescott Elected to National Academy of Sciences and Kocherlakota Presents at Toulouse