Tags: philly fed

What Is Holding Back Homebuilding?

May 25th, 2015
in econ_news

by Philadelphia Fed Homebuilding is typically a casualty of economic downturns, but it is also true that most economic recoveries are built upon a resumption of pounding hammers and buzzing blades. Not so with the recovery from the Great Recession. Aft… more »

The Redistributive Consequences Of Monetary Policy

May 24th, 2015
in econ_news

from the Philadelphia Fed The Federal Reserve conducts monetary policy in order to achieve maximum employment, stable prices, and moderate long-term interest rates. Monetary policy currently implemented by the Federal Reserve and other major central ba… more »

The Puzzling Persistence Of Place

May 24th, 2015
in econ_news

from the Philadelphia Fed It's common for neighborhoods, cities, and regions to experience changes in fortune over time. Yet, many places exhibit intriguing persistence in their relative economic development. From ancient Japan to Roman and medieval Eu… more »

Prepaid Credit Card Ownership Rate Increased Fastest Among Individuals In Households With Incomes Of More Than $50,000

May 17th, 2015
in econ_news

from the Philadelphia Fed General-purpose reloadable (GPR) prepaid cards have long been associated with unbanked and low-income individuals. A discussion paper from the Federal Reserve Bank of Philadelphia broadens the perception of GPR cardholders by… more »

A Tale Of Two Vintages: Credit Limit Management Before And After The CARD Act And Great Recession

February 11th, 2015
in econ_news

from the Philadelphia Fed From 2008 to 2010, there was a sea change in the American credit card market. A new law, the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (the CARD Act), prohibited a number of common practices while… more »

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