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The Regional Economist

April

The Regional Economist

The Regional Economist is a quarterly publication aimed at an engaged, nonacademic audience. This publication addresses the regional, national and international economic issues of the day.

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Download: Regional Economist entire issue April 2014 (PDF 12,287 KB) | April data pages (PDF 288 KB)

April 2014

The Ups and Downs of Inflation and the Role of Fed Credibility

This look at interest rates and inflation in the U.S. over the past 50 years helps to clarify ideas about the Fed’s monetary policy and its own credibility. The authors examine three periods corresponding to three different policies: when the Fed operated without credibility, when it was earning credibility and when it was operating with credibility.

The Liquidity Trap: An Alternative Explanation for Today's Low Inflation

In contrast with many people’s expectations, the Fed’s injection of $3.5 trillion into the economy caused no significant inflation or increases in the price level. There are many possible explanations in the mainstream; an alternative is a liquidity trap.

Youth Unemployment Notably High in Southern Europe

In the U.S., the unemployment rate for those under 25 hovers around 14 percent, even though the Great Recession has been over for five years. In some European countries, the rate is three times higher.

President's Message: The Rise and Fall of Labor Force Participation in the U.S.

Paying Down Credit Card Debt: A Breakdown by Income and Age

Debt Crisis in Europe Is Easing, but Stability Remains a Long Way Off

National Overview: Weather Throws a Cold Blanket on the U.S. Economy

District Overview: Measured Economic Mobility in the District Is Below the U.S. Average

Metro Profile: After Stalling, Recovery Resumes in St. Louis

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