Economic Research
Economic ResearchTopic - Economic Development
Ninth District Insight Report - Quarter 4, 2012
April 2013 - Ninth District Insight
Childhood poverty rate climbs past 20 percent in the U.S.
January 2013 - Community Dividend
Fiddler appointed to Community Development Advisory Board
January 2013 - Community Dividend
Rural CDFIs: Creating connections to marketplaces: A conversation with Mary Mathews of the Entrepreneur Fund
Community Dividend speaks with Mary Mathews, founding president and CEO of the Entrepreneur Fund, to learn about the circumstances and challenges rural community development financial institutions (CD
Michou Kokodoko
January 2013 - Community Dividend
Service providers retool and collaborate to address increase in suburban poverty
Suburban communities in the Minneapolis-St. Paul region now have nearly as many impoverished residents as the central cities, and local assistance organizations are modifying their approaches in respo
Jacob Wascalus
January 2013 - Community Dividend
Three Affiliated Tribes to build oil refinery
January 2013 - Community Dividend
Treasury's CDFI Fund announces nearly $18 million in Bank Enterprise Awards
January 2013 - Community Dividend
Ninth District Insight Report - Quarter 2, 2012
Published by the Community Development Department of the Federal Reserve Bank of Minneapolis
December 2012 - Ninth District Insight
Catch-up Growth Followed by Stagnation: Mexico, 1950–2010
Timothy J. Kehoe, Felipe Meza
November 2012 - Working Paper
Business Correspondent model boosts financial inclusion in India
An innovative, technology-based banking model is giving people in remote areas of India access to formal financial institutions.
Anupam Kishore
October 2012 - Community Dividend
CDFI News
October 2012 - Community Dividend
Migration, Congestion Externalities, and the Evaluation of Spatial Investments
Sam Schulhofer-Wohl, Taryn Dinkelman
August 2012 - Working Paper
Eventually, Noise and Imitation Implies Balanced Growth
Erzo G.J. Luttmer
August 2012 - Working Paper
Heterogeneity and Risk Sharing in Village Economies
Robert Townsend, Sam Schulhofer-Wohl, Pierre-Andre Chiappori, Krislert Samphantharak
July 2012 - Working Paper
Call for papers: The eighth biennial Federal Reserve community development research conference
July 2012 - Community Dividend
Citi Foundation awards entrepreneurship grant to SDIBA
July 2012 - Community Dividend
Fed releases report on economic development in Indian Country
July 2012 - Community Dividend
Less affluent students face mounting college debt challenges
Recent reports confirm that students from low- to moderate-income families graduate with greater student debt burdens than their more affluent peers.
Michael Grover
July 2012 - Community Dividend
Ninth District community conditions are mixed, Minneapolis Fed report finds
July 2012 - Community Dividend
Spanning the spectrum of Native workforce development
Initiatives under way in the Ninth District demonstrate that Native-focused organizations are working to increase work preparedness, education levels, and employment rates in the communities they serv
Jacob Wascalus
July 2012 - Community Dividend
United Way's ROI project measures job training outcomes
A Return on Investment evaluation initiative is yielding impressive and meaningful results.
Sarah Radosevich
July 2012 - Community Dividend
What ails the housing market? Part 1: A brief exploration of key factors inhibiting home buying
Despite low prices and interest rates, the housing market remains sluggish. Why?
Jacob Wascalus
July 2012 - Community Dividend
What ails the housing market? Part 2: Perspectives from industry professionals
Individuals from the real estate, community development, banking, and government sectors share their views.
Jacob Wascalus
July 2012 - Community Dividend
Harvest Initiative and Hunkpati Investments: Stirring up economic development on the Crow Creek reservation
The story of how residents of the Crow Creek Indian reservation, a prominent businessman, a church congregation, and two young attorneys came to be deeply involved in improving the reservation's econo
Sandy Gerber
October 2011 - Community Dividend
Little Mogadishu in the All-America City? Somali entrepreneurship in Willmar, Minnesota
Somali immigrants encounter acceptance and some challenges as they establish businesses in a small city in central Minnesota.
Nima Hassan
October 2011 - Community Dividend
Making the New Markets Tax Credit work in Native communities
Some Native communities have had success in attracting New Markets Tax Credit investments, despite unique challenges involved in implementing the program in Indian Country.
Michou Kokodoko
October 2011 - Community Dividend
U.S. Treasury announces 2011 CDFI awards
October 2011 - Community Dividend
Aggregate Implications of Innovation Policy
Andrew Atkeson, Ariel Burstein
September 2011 - Staff Report
Structural Change in an Open Economy
Jing Zhang, Kei-Mu Yi
March 2011 - Staff Report
Why Have Economic Reforms in Mexico Not Generated Growth?
Timothy J. Kehoe, Kim J. Ruhl
November 2010 - Staff Report
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.
Douglas Clement
September 2010 - The Region
The Bitter Effect of Cartels
In a case study of the U.S. sugar industry, James Schmitz and co-authors demonstrate that cartels can lead to big reductions in productivity
Joe Mahon
June 2010 - The Region
Models of Growth and Firm Heterogeneity
Erzo G.J. Luttmer
April 2010 - Working Paper
Technology Diffusion and Growth
Erzo G.J. Luttmer
March 2010 - Working Paper
On the Mechanics of Firm Growth
Erzo G.J. Luttmer
March 2010 - Staff Report
Technical Appendix: Unmeasured Investment and the Puzzling U.S. Boom in the 1990s
Edward C. Prescott, Ellen R. McGrattan
September 2009 - Staff Report
International Trade and Income Differences
Michael E. Waugh
September 2009 - Staff Report
Superstores or Mom and Pops? Technology Adoption and Productivity Differences in Retail Trade
David P. Lagakos
June 2009 - Staff Report
Public-Private Partnerships: For Whom the Road Tolls?
PPPS are popping up worldwide, and increasingly in the United States. Are they a way forward for crumbling infrastructure?
Ronald A. Wirtz
June 2009 - The Region
Transportation and Development: Insights from the U.S., 1840–1860
James A. Schmitz, Jr., Arilton Teixeira, Berthold Herrendorf
May 2009 - Staff Report
Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model
Timothy J. Kehoe, Claustre Bajona
October 2008 - Staff Report
Prizes and Patents: Using Market Signals to Provide Incentives for Innovations
V. V. Chari, Aleh Tsyvinski, Mikhail Golosov
September 2008 - Working Paper
Ideas on Growth
A summary of Robert Lucas’ conference keynote address
September 2008 - The Region
Moving the Middle Forward
A conference at the Minneapolis Fed looks to the economic future of the Midwest
Joe Mahon
September 2008 - The Region
Openness, Technology Capital, and Development
Edward C. Prescott, Ellen R. McGrattan
July 2008 - Staff Report
Urban Structure and Growth
Esteban Rossi-Hansberg, Mark L. J. Wright
November 2006 - Staff Report
Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations versus Infinitely Lived Consumers
Timothy J. Kehoe, Claustre Bajona
October 2006 - Staff Report
Latin America in the Rearview Mirror
James A. Schmitz, Jr., Lee E. Ohanian, Alvaro Riascos, Harold L. Cole
September 2006 - Quarterly Review
Modeling the Transition to a New Economy: Lessons from Two Technological Revolutions
Patrick J. Kehoe, Andrew Atkeson
May 2006 - Staff Report
Fertility and Social Security
Mariacristina De Nardi, Michele Boldrin, Larry E. Jones
March 2005 - Staff Report
The Macroeconomics of Child Labor Regulation
Fabrizio Zilibotti, Matthias Doepke
February 2005 - Staff Report
What Determines Productivity? Lessons From the Dramatic Recovery of the U.S. and Canadian Iron Ore Industries Following Their Early 1980s Crisis
James A. Schmitz, Jr.
February 2005 - Staff Report
Latin America in the Rearview Mirror
James A. Schmitz, Jr., Lee E. Ohanian, Alvaro Riascos, Harold L. Cole
November 2004 - Staff Report
IER Lawrence Klein Lecture: The Case Against Intellectual Monopoly
Michele Boldrin, David K. Levine
June 2004 - Staff Report
A Unified Theory of the Evolution of International Income Levels
Edward C. Prescott, Stephen L. Parente
March 2004 - Staff Report
Measuring Consumption Growth: The Impact of New and Better Products
Peter J. Klenow
December 2003 - Quarterly Review
Decades Lost and Found: Mexico and Chile Since 1980
Patrick J. Kehoe, Timothy J. Kehoe, Raimundo Soto, Raphael Bergoeing
December 2002 - Quarterly Review
The Home Market and the Pattern of Trade: Round Three
Thomas J. Holmes, John J. Stevens
April 2002 - Staff Report
Why Did Productivity Fall So Much During the Great Depression?
Lee E. Ohanian
April 2002 - Quarterly Review
Perfectly Competitive Innovation
Michele Boldrin, David K. Levine
March 2002 - Staff Report
Factor Saving Innovation
Michele Boldrin, David K. Levine
February 2002 - Staff Report
Innovating Firms and Aggregate Innovation
Samuel Kortum, Tor Jakob Klette
February 2002 - Staff Report
A Decade Lost and Found: Mexico and Chile in the 1980s
Patrick J. Kehoe, Timothy J. Kehoe, Raimundo Soto, Raphael Bergoeing
September 2001 - Staff Report
Dollarization and the Conquest of Hyperinflation in Divided Societies
Hubert Kempf, Russell Cooper
July 2001 - Quarterly Review
Building Blocks for Barriers to Riches
Narayana Kocherlakota
March 2001 - Staff Report
Growth Cycles and Market Crashes
Michele Boldrin, David K. Levine
September 2000 - Staff Report
Paths of Development for Early- and Late-Bloomers in a Dynamic Heckscher-Ohlin Model
Patrick J. Kehoe, Andrew Atkeson
September 2000 - Staff Report
Endogenous Policy Choice: The Case of Pollution and Growth
Larry E. Jones, Rodolfo E. Manuelli
August 2000 - Staff Report
Knowledge Diffusion through Employee Mobility
April Franco, Darren Filson
July 2000 - Staff Report
The Scale of Production in Technological Revolutions
Matthew F. Mitchell
April 2000 - Staff Report
Malthus to Solow
Edward C. Prescott, Gary D. Hansen
January 1999 - Staff Report
A Defense of AK Growth Models
Ellen R. McGrattan
September 1998 - Quarterly Review
The Technological Role of Fiat Money
Narayana Kocherlakota
July 1998 - Quarterly Review
A Gain From Trade: More Research, Less Obstruction
James A. Schmitz, Jr., Thomas J. Holmes
March 1998 - Staff Report
Needed: A Theory of Total Factor Productivity
Edward C. Prescott
December 1997 - Staff Report
Government Production of Investment Goods and Aggregate Labor Productivity
James A. Schmitz, Jr.
October 1997 - Staff Report
The Poverty of Nations: A Quantitative Investigation
Ellen R. McGrattan, Patrick J. Kehoe, V. V. Chari
October 1997 - Staff Report
Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis
Lee E. Ohanian, Giovanni L. Violante, José-Víctor Ríos-Rull, Per Krusell
September 1997 - Staff Report
Money is Memory
Narayana Kocherlakota
October 1996 - Staff Report
The Role Played by Public Enterprises: How Much Does It Differ Across Countries?
James A. Schmitz, Jr.
April 1996 - Quarterly Review
How Prescribed Policy Can Mislead When Data Are Defective: A Follow-up to Srinivasan (1994) Using General Equilibrium
Erinç Yeldan, Jean Mercenier
February 1996 - Staff Report
Resistance to New Technology and Trade Between Areas
James A. Schmitz, Jr., Thomas J. Holmes
December 1995 - Quarterly Review
Industry Evolution and Transition: Measuring Investment in Organization Capital
Patrick J. Kehoe, Andrew Atkeson
November 1995 - Staff Report
Social Insurance and Transition
Patrick J. Kehoe, Andrew Atkeson
November 1995 - Staff Report
The Growth Effects of Monetary Policy
V. V. Chari, Larry E. Jones, Rodolfo E. Manuelli
September 1995 - Quarterly Review
Resistance to Technology and Trade Between Areas
James A. Schmitz, Jr., Thomas J. Holmes
October 1994 - Staff Report
Industry Evolution and Transition: The Role of Information Capital
Patrick J. Kehoe, Andrew Atkeson
August 1993 - Staff Report
Changes in the Wealth of Nations
Edward C. Prescott, Stephen L. Parente
April 1993 - Quarterly Review
Early Progress on the "Problem of Economic Development"
James A. Schmitz, Jr.
April 1993 - Quarterly Review
In Search of Scale Effects in Trade and Growth
Patrick J. Kehoe, Timothy J. Kehoe, David K. Backus
July 1992 - Staff Report
Reputation With Multiple Relationships: Revising Reputation Models of Debt
Patrick J. Kehoe, Harold L. Cole
March 1991 - Staff Report
Technology Adoption and Growth
Edward C. Prescott, Stephen L. Parente
February 1991 - Staff Report
How Should Taxes Be Set?
S. Rao Aiyagari
December 1989 - Quarterly Review
Sustainable Plans
Patrick J. Kehoe, V. V. Chari
June 1989 - Staff Report
International Coordination of Fiscal Policy in Limiting Economies
Patrick J. Kehoe, V. V. Chari
May 1989 - Staff Report
How Little We Know About Budget Policy Effects
Preston J. Miller, William Roberds
April 1989 - Staff Report
Is Japan's Saving Rate High?
Fumio Hayashi
April 1989 - Quarterly Review
Understanding Japan's Saving Rate: The Reconstruction Hypothesis
Lawrence J. Christiano
April 1989 - Quarterly Review
Determinacy of Equilibria in Dynamic Models With Finitely Many Consumers
Timothy J. Kehoe, David K. Levine, Paul M. Romer
March 1989 - Staff Report
On the Denomination of Government Debt: A Critique of the Portfolio Balance Approach
Patrick J. Kehoe, David K. Backus
November 1988 - Staff Report
Time Consistency and Policy
Edward C. Prescott, Patrick J. Kehoe, V. V. Chari
August 1988 - Staff Report
The Federal Budget's Effects on Intergenerational Equity: Undone or Not Undone?
Gary H. Stern
December 1987 - Quarterly Review
Intergenerational Linkages and Government Budget Policies
S. Rao Aiyagari
April 1987 - Quarterly Review
A Reply to Darby
Preston J. Miller, Thomas J. Sargent
December 1985 - Quarterly Review
Deficits, Interest Rates, and the Tax Distribution
S. Rao Aiyagari
December 1985 - Quarterly Review
Some Pleasant Monetarist Arithmetic
Michael R. Darby
December 1985 - Quarterly Review
Some Unpleasant Monetarist Arithmetic
Thomas J. Sargent
December 1985 - Quarterly Review
Higher Deficit Policies Lead to Higher Inflation
Preston J. Miller
December 1983 - Quarterly Review
Budget Deficit Mythology
Preston J. Miller
September 1983 - Quarterly Review
A Primer on the International Monetary Fund
Carolyn P. Line, David S. Dahl, John H. Boyd
July 1983 - Quarterly Review
Toward a More Resilient International Financial System
Anthony M. Solomon
July 1983 - Quarterly Review
Deficit Policies, Deficit Fallacies
Preston J. Miller
July 1980 - Quarterly Review
Why Markets in Foreign Exchange Are Different From Other Markets
Neil Wallace
September 1979 - Quarterly Review
International Monetary Reform: The Feasible Alternatives
Neil Wallace, John H. Kareken
July 1978 - Quarterly Review
Bank Regulation: Strengthening Friedman's Case for Reform
Arthur J. Rolnick
July 1977 - Quarterly Review
