Banking and Policy Issues Magazine

September 2010

Interview with Thomas Sargent

New York University economist on the state of modern macro, polar models of bank regulation and the problem of persistently high unemployment

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Top of the Ninth


Scale Economies in Banking—A Symposium




Research Digest

The Region often includes one or two feature articles about economists at the Minneapolis Fed and their current work. Research Digest provides shorter summaries of recent economic research papers.

  • Explaining Growth
    Economist Erzo Luttmer blends two competing theories to generate a model that helps account for patterns of employment growth in U.S. companies. [PDF]
  • Asset Bubbles and Rat Races
    A new Minneapolis Fed staff report by Veronica Guerrieri and her coauthor examines the effect of portfolio managers’ reputation-seeking on asset prices. [PDF]

Book Review


Student Essay Contest


Virtual Fed


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