Business Review

The Business Review, which is published quarterly, presents articles written by our staff economists that are aimed at readers with a general interest in economics. Topics covered include economic policy, banking, and financial and regional economics.

The Business Review includes less technical articles written by economists in the Bank's Research Department. They are intended for a wide audience and often address timely economic issues.

Recent Issues

Second Quarter 2009

"Bank Credit Standards," by Mitchell Berlin
Abstract • Full article (293 KB, 10 pages)
"Regulating Short-Sales," by Ronel Elul
Abstract • Full article (361 KB, 8 pages)
"Residential Housing and Personal Bankruptcy," by Wenli Li
Abstract • Full article (278 KB, 11 pages)
Research Rap
Full article (179 KB, 2 pages)

First Quarter 2009

"The Peopling of Macroeconomics: Microeconomics of Aggregate Consumer Expenditures," by Satyajit Chatterjee
Abstract • Full article (220 KB, 10 pages)
"Accounting for Cross-Country Differences in Income Per Capita," by Aubhik Khan
Abstract • Full article (215 KB, 8 pages)
"Rethinking the Implications of Monetary Policy: How a Transactions Role for Money Transforms the Predictions of Our Leading Models," by Julia Thomas
Abstract • Full article (223 KB, 10 pages)
Research Rap
Full article (144 KB, 4 pages)