June 2008 Issue
MIT economist and incoming president of the National Bureau of Economic Research on the potential for tax reform, the wealth effect of housing prices, and the future of economic research.
Top of the Ninth
Issues in Macroeconomic Policy
Top of the Ninth: Gary Stern’s remarks at the European Economics and Financial Centre in London, March 2008. [PDF]
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. [PDF]
The rise of occupational licensing
More and more U.S. jobs are covered by licenses, and the wage effect is substantial.
(Just don't ask for a job description) If entrepreneurship is so important, why don't we know more about it? [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