Terrorism: A Threat to Foreign Direct Investment

foreign direct investmentDeveloping countries that are struck by terrorists lose not only lives and property but also potential for economic growth, studies show. Fearful companies shift their operations elsewhere, for example, taking with them their capital and technology.

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A Look at the 100 Years of Service of the Federal Reserve Bank of St. Louis

federal reserve centennialWhen the Federal Reserve System was established, St. Louis was a natural choice to receive one of the regional banks. Throughout its years, the St. Louis Fed has strived to provide the research and programs needed to help foster a stronger economy.

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What Do Macroeconomists Think about the Impact of Fiscal Stimulus?

american recovery and reinvestment actA survey earlier this year found that most leading economists who responded agreed the benefits of the American Recovery and Reinvestment Act will end up outweighing its costs. However, looking only at answers from macroeconomists suggests a significant amount of uncertainty.

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Does Having Children Lower the Productivity of Professionals at Work?

price indexesResearch indicates that children do lead to lower productivity by their parents at work when the children are young. However, mothers and fathers make up for this lost productivity elsewhere during their careers.

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Timely Topics: The Fed’s Regional Structure

regional structureUnlike most other central banks, the Federal Reserve System has a regional structure, with 12 Reserve banks spread across the country along with the Board of Governors in D.C. The regional Reserve banks not only provide services closer to the people who need them, but these banks ensure that the concerns of the people in their districts are heard in Washington.

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