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Juan M. Sánchez

Why Are Corporations Holding So Much Cash?

By Juan M. Sánchez and Emircan Yurdagul

The Regional Economist | January 2013

U.S. corporations are holding record-high amounts of cash.  One reason has to do with taxes—both the uncertainty about future taxes and the reality of today’s tax rules.  The second reason has to do with the rise of research and development; because of its uncertain nature, this sort of work requires access to high levels of cash.

 

Job Gains and Losses at Large and Small Firms during the Great Recession

By Juan M. Sánchez and Lowell R. Ricketts

The Regional Economist | July 2012

Conventional wisdom says that employment at small firms declines more than employment at large firms during recessions. However, that doesn’t seem to have been the case during the Great Recession of 2007-09.

 

District Overview: Reallocation of Credit, a Measure of Financial Activity, Has Yet To Bounce Back

By Constanza S. Liborio and Juan M. Sánchez

The Regional Economist | April 2012

 

Starting a Business During a Recovery: This Time, It's Different

By Juan M. Sánchez and Constanza S. Liborio

The Regional Economist | January 2012