Chicago Fed Letter


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2005

2005

Debit card competition: Signature versus PIN (PDF,49KB)
Victor Lubasi  
Dec 2005 No. 221

High-technology in the Midwest—Biotech and beyond (Special Issue) (PDF,52KB)
William Testa  
Nov 2005 No. 220a

Why don't recessions encourage more R&D spending? (PDF,56KB)
Gadi Barlevy  
Nov 2005 No. 220

Forces shaping the payments environment: A summary of the Chicago Fed’s 2005 Payments Conference (Special Issue) (PDF,76KB)
Sujit Chakravorti   Carrie Jankowski  
Oct 2005 No. 219a

Corporate governance at community banks: A Seventh District analysis (PDF,51KB)
Robert DeYoung   Patrick Driscoll   Colette Fried  
Oct 2005 No. 219

Innovations, incentives, and regulation: Forces shaping the payments environment (Special Issue) (PDF,34KB)
Sujit Chakravorti   Carrie Jankowski  
Sept 2005 No. 218a

The state of higher education in the Midwest (PDF,52KB)
Rick Mattoon  
Sept 2005 No. 218

Economy to cruise at speed limit through 2006 (Special Issue) (PDF,433KB)
Emily Engel   William A. Strauss  
Aug 2005 No. 217a

Implementing the Check 21 Act: Potential risks facing banks (PDF,49KB)
Tara Rice  
Aug 2005 No. 217

Explaining recent changes in home prices (PDF,34KB)
Richard J. Rosen  
July 2005 No. 216

Is the U.S. current account sustainable? (PDF,63KB)
Michael Kouparitsas  
June 2005 No. 215

Islamic finance in the United States: A small but growing industry (PDF,57KB)
Shirley Chiu   Robin Newberger   Anna Paulson  
May 2005 No. 214

Self-employed immigrants: An analysis of recent data (PDF,47KB)
Maude Toussaint-Comeau  
Apr 2005 No. 213

Challenges and prospects for Midwest manufacturing (Special Issue) (PDF,45KB)
Thomas H. Klier   Rick Mattoon   William Testa  
Mar 2005 No. 212b

The changing relationship between headquarters and cities (Special Issue) (PDF,51KB)
Thomas H. Klier   Yukako Ono   William Testa  
Mar 2005 No. 212a

Discount window borrowing: Understanding recent experience (PDF,77KB)
Craig H. Furfine  
Mar 2005 No. 212

Challenges and prospects for Midwest manufacturing: Report on the 2003–04 Chicago Fed Manufacturing Project (Midwest Manufacturing Project Issue) (PDF,141KB)
Thomas H. Klier   Rick Mattoon   William Testa  
Feb 2005 No. 211b

Economic Outlook Symposium: Summary of 2004 results and forecasts for 2005 (Special Issue) (PDF,46KB)
Emily Engel   William A. Strauss  
Feb 2005 No. 211a

Caution ahead—Challenges to the Midwest’s role in the auto industry (PDF,57KB)
Thomas H. Klier  
Feb 2005 No. 211

Clearing and settlement demystified (PDF,30KB)
John W. McPartland  
Jan 2005 No. 210


2004                                                                                           top of page

State and local business taxation: Is there a better way? (Special Issue) (PDF,55KB)
Rick Mattoon  
Dec 2004 No. 209a

What similarities between siblings tell us about inequality in the U.S. (PDF,31KB)
Bhashkar Mazumder  
Dec 2004 No. 209

Rising interest rates, bank loans, and deposits (PDF,29KB)
Hesna Genay   Darrin R. Halcomb  
Nov 2004 No. 208

Job loss: Causes, consequences, and policy responses (PDF,55KB)
Kristin Butcher   Kevin Hallock  
Oct 2004 No. 207

An electronic supply chain: Will payments follow? (Special Issue) (PDF,97KB)
Sujit Chakravorti   Erin Davis  
Sept 2004 No. 206a

Employment growth in higher-paying sectors (PDF,63KB)
Daniel Aaronson   Sara Christopher  
Sept 2004 No. 206

The economics of standards: Public policy and market performance (Special Issue) (PDF,49KB)
Carrie Jankowski   Victor Stango  
Aug 2004 No. 205a

Economy to continue cruising along (PDF,56KB)
William A. Strauss  
Aug 2004 No. 205

Is manufacturing at a crossroads? (Special Issue) (PDF,50KB)
Rick Mattoon   William Testa  
July 2004 No. 204a

Financial access for immigrants: Highlights from the national conference (PDF,434KB)
Shirley Chiu   Robin Newberger   Anna Paulson  
July 2004 No. 204

School funding ten years after Michigan’s proposal A: Does equity equal adequacy? (PDF,44KB)
Rick Mattoon  
June 2004 No. 203

How worrisome is the U.S. net foreign debt position? (PDF,60KB)
Michael Kouparitsas  
May 2004 No. 202

Why Bank One left Chicago: One piece in a bigger puzzle (PDF,140KB)
Robert DeYoung   Thomas H. Klier  
Apr 2004 No. 201

State budgets and the economy (Special Issue) (PDF,437KB)
Rick Mattoon  
Mar 2004 No. 200b

Challenges to the U.S. auto industry (Special Issue) (PDF,499KB)
Thomas H. Klier  
Mar 2004 No. 200a

Comrades or competitors? on trade relationships between China and emerging Asia (PDF,61KB)
John Fernald   Prakash Loungani  
Mar 2004 No. 200

Expansion picks up steam (Special Issue) (PDF,436KB)
Avinash Kaza   William A. Strauss  
Feb 2004 No. 199a

Immigrant financial market participation: Defining the research questions (PDF,73KB)
Shirley Chiu   Robin Newberger   Sherrie L.W. Rhine  
Feb 2004 No. 199

The worldwide spread of antidumping protection (PDF,60KB)
Meredith Crowley  
Jan 2004 No. 198


2003                                                                                           top of page

Corporate governance: Implications for financial services firms (Special Issue) (PDF,59KB)
Elijah Brewer III   Nisreen H. Darwish   Douglas D. Evanoff  
2003 No. 197b

Is Midwest manufacturing at a crossroads? (Special Issue) (PDF,49KB)
Thomas H. Klier   William Testa  
Dec 2003 No. 197a

Can sectoral labor reallocation explain the jobless recovery? (PDF,66KB)
Ellen Rissman  
Dec 2003 No. 197

Midwest manufacturing and trade with China (PDF,66KB)
Jay Liao   William Testa   Alexei Zelenev  
Nov 2003 No. 196

Natural gas prices—National and regional issues (PDF,59KB)
Lynne Kiesling   Rick Mattoon  
Oct 2003 No. 195

Can existing payment networks meet future needs? A conference summary (PDF,431KB)
Sujit Chakravorti   Thomas Ciesielski   Carol Clark   Erin Davis  
Oct 2003 No. 194

Information technology and the U.S. productivity acceleration (PDF,135KB)
John Fernald   Shanthi Ramnath  
Sept 2003 No. 193

Changing Hispanic demographics: Opportunities and constraints in the financial market (PDF,57KB)
Maude Toussaint-Comeau  
Aug 2003 No. 192

Vehicle sales in 2003: A good down-year (Special Issue) (PDF,54KB)
Michael Munley   William A. Strauss   Scott Walster  
July 2003 No. 191a

Real exchange rates and retail trade on the U.S.–Canada border (PDF,67KB)
Jeffrey R. Campbell   Beverly Lapham  
July 2003 No. 191

Understanding isolation and change in urban neighborhoods: A research symposium (Midwest Infrastructure Issue) (PDF,44KB)
Rick Mattoon  
June 2003 No. 190b

Understanding isolation and change in urban neighborhoods (Special Issue) (PDF,49KB)
Rick Mattoon  
June 2003 No. 190a

The disappearance of manufacturing? (PDF,63KB)
William A. Strauss   Scott Walster  
June 2003 No. 190

Whither the community bank? A conference summary (Special Issue) (PDF,57KB)
Robert DeYoung  
May 2003 No. 189a

Regional growth in worker quality (PDF,65KB)
Daniel Aaronson   Daniel G. Sullivan  
May 2003 No. 189

Common sense about executive stock options (PDF,57KB)
Robert R. Bliss  
Apr 2003 No. 188

Technology shocks and the business cycle (PDF,77KB)
Jonas D. M. Fisher  
Apr 2003 No. 187

Strategies for improving the Midwest workforce (Midwest Infrastructure Issue) (PDF,53KB)
Rick Mattoon  
Feb 2003 No. 186a

Strategies for improving the Midwest work force (PDF,55KB)
Rick Mattoon  
Feb 2003 No. 186

Any bounce in the economy in 2003? (Special Issue) (PDF,53KB)
Michael Munley   William A. Strauss   Scott Walster  
Jan 2003 No. 185b

Tapping the potential of the unbanked-Private sector interest increases (Special Issue) (PDF,28KB)
Liz Handlin   Doug Tillett  
Jan 2003 No. 185a

Using data and anecdotal evidence to understand the regional economy (PDF,54KB)
Rick Kaglic   Michael Munley  
Jan 2003 No. 185


2002                                                                                           top of page

Maintaining and financing infrastructure in tough budgetary times (Midwest Infrastructure Issue) (PDF,43KB)
Rick Mattoon  
Dec 2002 No. 184c

Midwest infrastructure: Assessing the contribution of basic infrastructure to economic growth (Special Issue) (PDF,48KB)
Rick Mattoon  
Dec 2002 No. 184b

Financial market and regulatory behavior over the business cycle (Special Issue) (PDF,50KB)
Elijah Brewer III   Oscar Cerda   Douglas D. Evanoff  
Dec 2002 No. 184a

Financial institutions as stakeholders in individual development accounts (PDF,53KB)
Robin Newberger  
Dec 2002 No. 184

A regional perspective on the U.S. business cycle (PDF,63KB)
Michael Kouparitsas  
Nov 2002 No. 183

Solving the problem of small change (PDF,67KB)
François Velde  
Oct 2002 No. 182

Asset price bubbles: Implications for monetary, regulatory, and international policies (Special Issue) (PDF,48KB)
Darrin R. Halcomb   Syed Shah Saeed Hussain  
Sept 2002 No. 181b

The household balance sheet—Too much debt? (Special Issue) (PDF,92KB)
François Velde  
Sept 2002 No. 181a

Analyzing income mobility over generations (PDF,70KB)
Bhashkar Mazumder  
Sept 2002 No. 181

The growth of person-to-person electronic payments (PDF,57KB)
Tim McHugh  
Aug 2002 No. 180

Auto experts look forward amid concerns about costs (Special Issue) (PDF,55KB)
Michael Munley   William A. Strauss  
July 2002 No. 179c

Linkages across the border (Special Issue) (PDF,58KB)
Thomas H. Klier   William Testa  
July 2002 No. 179b

The Great Lakes border and economy (Special Issue) (PDF,49KB)
Thomas H. Klier   William Testa  
July 2002 No. 179a

Explaining bank credit crunches and procyclicality (PDF,60KB)
Robert R. Bliss   George Kaufman  
July 2002 No. 179

Shaping electricity policy in the Midwest (Midwest Infrastructure Issue) (PDF,149KB)
Rick Mattoon  
June 2002 No. 178b

Midwest infrastructure: Shaping electricity policy (Special Issue) (PDF,69KB)
Rick Mattoon  
June 2002 No. 178a

Whither the community bank? Relationship finance in the information age (PDF,85KB)
Robert DeYoung   William C. Hunter   Gregory F. Udell  
June 2002 No. 178

Is there still an investment overhang, and if so, should we worry about it? (Special Issue) (PDF,80KB)
Eric French   Thomas H. Klier   David Oppedahl  
May 2002 No. 177a

Manufacturing sector critical in Midwest recovery (PDF,78KB)
William A. Strauss  
May 2002 No. 177

Analyzing an economic indicator: The Michigan Retailers Survey (Special Issue) (PDF,91KB)
Michael Munley   William A. Strauss  
Apr 2002 No. 176a

The changing face of Chicago: Demographic trends in the 1990s (PDF,84KB)
Kenneth Johnson  
Apr 2002 No. 176

Remittances and the unbanked (Special Issue) (PDF,72KB)
Liz Handlin   Margrethe Krontoft   William Testa  
Mar 2002 No. 175a

Reining in Medicaid spending—States respond (PDF,96KB)
Rick Kaglic  
Mar 2002 No. 175

Economy in 2002: Climbing back up the slope (Special Issue) (PDF,75KB)
Michael Munley   William A. Strauss  
Feb 2002 No. 174a

Growth in worker quality (PDF,97KB)
Daniel Aaronson   Daniel G. Sullivan  
Feb 2002 No. 174

The role of financial services in economic growth (PDF,93KB)
Nicola Cetorelli  
Jan 2002 No. 173


2001                                                                                           top of page

Are central cities coming back? The case of Chicago (Special Issue) (PDF,74KB)
Margrethe Krontoft   Daniel McMillen   William Testa  
Dec 2001 No. 172a

Is there a world business cycle? (PDF,119KB)
Michael Kouparitsas  
Dec 2001 No. 172

The financial safety net: Costs, benefits, and implications (Special Issue) (PDF,75KB)
Elijah Brewer III   Oscar Cerda   Douglas D. Evanoff  
Nov 2001 No. 171a

Reforming deposit insurance— Once again (PDF,793KB)
George Kaufman  
Nov 2001 No. 171

Electricity and the Midwest: A Survey of Conditions and Issues (PDF,86KB)
Rick Mattoon  
Oct 2001 No. 170

The world's population conundrum (PDF,82KB)
Jack L. Hervey  
Sept 2001 No. 169

Higher energy prices in the Midwest (PDF,109KB)
Thomas H. Klier   William Testa  
Aug 2001 No. 168

Designing an Effective Deposit Insurance Structure: An International Perspective (Special Issue) (PDF,121KB)
Douglas D. Evanoff  
July 2001 No. 167c

Auto sales outlook: Slower traffic ahead (Special Issue) (PDF,113KB)
Michael Munley   William A. Strauss  
July 2001 No. 167b

Headquarters wanted: Principals only need apply (Special Issue) (PDF,31KB)
Thomas H. Klier   William Testa  
July 2001 No. 167a

The Federal Reserve's imputed cost of equity capital: A survey (PDF,50KB)
Edward Green   Jose A. Lopez   Zhenyu Wang  
July 2001 No. 167

Chicago's Global Connections and Challenges (Special Issue) (PDF,34KB)
Margrethe Krontoft   William Testa  
June 2001 No. 166a

Do markets react to regulatory information? (PDF,28KB)
James T. Moser  
June 2001 No. 166

Slower economic outlook for the Midwest (Special Issue) (PDF,38KB)
Michael Munley   William A. Strauss  
May 2001 No. 165a

Cross-state evidence on the relationship between unemployment and wage growth (PDF,74KB)
Daniel Aaronson   Daniel G. Sullivan  
May 2001 No. 165

The rise and fall of the global economy (PDF,39KB)
John Fernald   Victoria Greenfield  
Apr 2001 No. 164

E-money and e-commerce: Two alternative views of future innovations (Special Issue) (PDF,51KB)
Brian Mantel  
Mar 2001 No. 163a

The Internet's place in the banking industry (PDF,34KB)
Robert DeYoung  
Mar 2001 No. 163

Economy shifts to a lower gear in 2001 (Special Issue) (PDF,32KB)
Michael Munley   William A. Strauss  
Feb 2001 No. 162a

Fostering mainstream financial access:www.chicagofed.org/unbanked/ (PDF,34KB)
James T. Moser  
Feb 2001 No. 162

A retrospective on the Asian Crisis of 1997: Was it foreseen? (PDF,54KB)
Darrin R. Halcomb   David Marshall  
Jan 2001 No. 161


2000                                                                                           top of page

Recent Trends in Deposit and Loan Growth: Implications for Small and Large Banks (PDF,39KB)
Hesna Genay  
Dec 2000 No. 160

Structural Change and Cyclicality of the Auto Industry (PDF,33KB)
Thomas H. Klier  
Nov 2000 No. 159

Midwest Prospects and The New Economy (PDF,33KB)
William Testa  
Oct 2000 No. 158

Changing Financial Industry Structure and Regulation (Special Issue) (PDF,88KB)
Elijah Brewer III   Douglas D. Evanoff  
Sept 2000 No. 157a

A Modest Proposal: Securitizing Multinational LDC Debt (PDF,129KB)
James T. Moser  
Sept 2000 No. 157

Auto Sales Put the Pedal to the Metal (Special Issue) (PDF,87KB)
William A. Strauss  
Aug 2000 No. 156a

Part-Time Work and Hourly Wages (PDF,96KB)
Daniel Aaronson   Eric French  
Aug 2000 No. 156

Emerging Urban Markets in the Midwest (Special Issue) (PDF,86KB)
Loula Merkel   William Testa  
July 2000 No. 155a

Understanding the (relative) Rise and Fall of Construction Wages (PDF,106KB)
David Oppedahl  
July 2000 No. 155

The Debate on Internet Sales Taxation (PDF,125KB)
Leslie McGranahan  
June 2000 No. 154

Reform of Midwest Urban Schools—Conference Summary (Special Issue) (PDF,86KB)
Nawsheen S. Rabbani   Surya Sen   William Testa  
May 2000 No. 153a

Binational Great Lakes Economy (PDF,93KB)
Loula Merkel   David Oppedahl   William Testa  
May 2000 No. 153

The Midwest in the New Millennium (Special Issue) (PDF,84KB)
Michael Munley   William A. Strauss  
Apr 2000 No. 152a

Should we be Concerned About the Current Account? (PDF,95KB)
Jack L. Hervey   Michael Kouparitsas  
Apr 2000 No. 152

Forecasting Inflation with a lot of Data (PDF,92KB)
Jonas D. M. Fisher  
Mar 2000 No. 151

Economic Outlook for Y2K is A-OK (Special Issue) (PDF,93KB)
Michael Munley   William A. Strauss  
Feb 2000 No. 150a

Mergers and the Changing Landscape of Commercial Banking (Part II) (PDF,95KB)
Robert DeYoung  
Feb 2000 No. 150

Food for Thought—Issues in Agricultural Biotechnology (PDF,95KB)
Mike A. Singer  
Jan 2000 No. 149

 
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