Federal Reserve Bank of Atlanta Headlines
The Federal Reserve Bank of Atlanta plays an important part in all three of the Fed's functions--monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.
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- Dollar Continued to Fall in February
The Atlanta Fed tracks the performance of the U.S. dollar relative to fifteen major currencies. Find the most recent index data and archives.
Thu, 06 Mar 2008 10:00:00 EST - Thoughts on the Subprime Mortgage Crisis
Dennis Lockhart speaks on a panel discussing subprime mortgages and contagion effects at the Atlanta Commerce Club.
Fri, 29 Feb 2008 12:25:00 EST - Greene Named Assistant Vice President at the Federal Reserve Bank of Atlanta
Todd Greene has been named assistant vice president for community and economic development research and policy in the supervision and regulation division at the Federal Reserve Bank of Atlanta.
Wed, 27 Feb 2008 14:25:00 EST - Technology Shocks, Employment, and Labor Market Frictions
Working Paper 2008-10 by Federico S. Mandelman and Francesco Zanetti. The authors develop and estimate a real business cycle model that supports the hypothesis that labor market frictions are the factor responsible for the negative response of employment to technology shocks.
Tue, 26 Feb 2008 9:20:00 EST - The Exact Distribution of the Hansen-Jagannathan Bound
Working Paper 2008-9 by Raymond Kan and Cesare Robotti. The authors propose a framework for evaluating whether the popular asset pricing models can explain returns on financial assets. They show that accounting for sampling variability reduces the severity of the equity premium puzzle.
Tue, 26 Feb 2008 9:20:00 EST - Remittances and the Macroeconomy, February 21-22, 2008
Developing countries received an estimated at $240 billion in remittances in 2007--an increase of more than 130 percent since 2001. In developing countries, remittances make up about 2 percent of total income and have become increasingly important as a source of foreign income in terms of both magnitude and growth. Given the importance of this source of capital, the Federal Reserve Bank of Atlanta hosted a two-day conference where scholars presented and discussed their research on the macroeconomic impact of remittances.
Thu, 21 Feb 2008 11:30:00 EST - Working with Children? The Probability of Mothers Exiting the Workforce at Time of Birth
Working Paper 2008-8 by Julie L. Hotchkiss, M. Melinda Pitts, and Mary Beth Walker. Exploring working women's decision to exit the labor market following the birth of a child, the authors find that women are making workforce exit decisions based on measurable costs and benefits.
Thu, 21 Feb 2008 8:20:00 EST - The Labor Market Experience and Impact of Undocumented Workers
Working Paper 2008-7 by Julie L. Hotchkiss and Myriam Quispe-Agnoli. Looking at wages in Georgia, the authors find that a larger share of undocumented workers in an industry has a negative impact on documented workers' wages and that undocumented workers are less sensitive to wage changes.
Tue, 19 Feb 2008 10:00:00 EST - Lee Jones Named to Lead Atlanta Fed's Nashville Branch; Mel Purcell Retires After 39 Years of Service
Lee Jones has been named vice president and branch manager at the Nashville Branch. Jones will replace Mel Purcell, senior vice president and Nashville Branch manager, who is retiring on April 1.
Fri, 15 Feb 2008 13:40:00 EST - A pesar de mayores riesgos, el crecimiento de la economía mundial continuará siendo sólido en el 2008
EconSouth, Vol. 9, No. 4, Cuarto Trimestre de 2007.
Wed, 13 Feb 2008 12:00:00 EST - Apesar do Aumento dos Riscos, o Crescimento Global Continuará Sólido em 2008
EconSouth, Vol. 9, No. 4, Quarto Trimestre de 2007.
Wed, 13 Feb 2008 12:00:00 EST - The Tax Treatment of Homeowners and Landlords and the Progressivity of Income Taxation
Working Paper 2008-6 by Matthew Chambers, Carlos Garriga, and Don Schlagenhauf. Using a model that emphasizes the decision to own a home versus renting, the authors determine that movement toward a less progressive income tax structure can generate significant increases in homeownership and welfare.
Wed, 13 Feb 2008 12:45:00 EST - On Policy Interactions among Nations: When Do Cooperation and Commitment Matter?
Working Paper 2008-5 Hubert Kempf and Leopold von Thadden. Using a generic game framework to reconcile puzzling results from other studies, the authors prove that the relevance of commitment and cooperation for policy decisions among nations depends on specific spillovers.
Wed, 13 Feb 2008 12:45:00 EST - Comments on Piazzesi and Schneider's "Bond Positions, Expectations, and the Yield Curve"
Working Paper 2008-4 by Jon Faust. The author comments on a paper that studies the yield curve and risk premia. He concludes that using a model that emphasizes finance is central to understanding monetary and fiscal interactions.
Tue, 12 Feb 2008 08:30:00 EST - Comments on Jeske and Kreuger's "Housing and the Macroeconomy: The Role of Implicit Guarantees for Government Sponsored Enterprises"
Working Paper 2008-3 by Brian Peterson. This commentary on a study about the role of Fannie Mae and Freddie Mac in the U.S. economy uses the study's model to illustrate the economic effects of a mortgage subsidy.
Tue, 12 Feb 2008 08:30:00 EST
