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A journal of in-depth articles reporting on the Bank's economic research.
Last Updated: 03/28/16

Economic Perspectives

Fourth Quarter 2015 Edition

Auto Production Footprints: Comparing Europe and North America
Thomas H. Klier and James M. Rubenstein

This article explores whether the forces shaping the auto industry’s agglomeration are the same in Europe and North America.

Central Clearing: Risks and Customer Protections

Ivana Ruffini

In the wake of the 2008 global financial crisis, the Group of Twenty (G-20) developed a regulatory reform program for derivatives contracts. This article examines the impact of the market structure change and associated customer protection frameworks on risks faced by market participants.