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The Regional Economist

April 2011

Banking Crises around the World: Different Governments, Different Responses

Over the past 40 years, there have been more than 120 banking crises around the world. Different governments have responded in different ways. The gross and net costs as a percentage of GDP range wildly, anywhere from less than 1 percent to well beyond 30 percent.

Why "Fixing" China's Currency Is No Quick Fix

Even if China does revalue its currency, jobs aren’t likely to come flooding back to the United States. Much of what China exports to the U.S. originates in other Asian countries.

Are Small Businesses the Biggest Producers of Jobs?

It's often said that small businesses generate the most jobs in the U.S. This is true if one looks at the gross number of jobs. But because small businesses have a high failure rate, they are not the largest producer of jobs at the net level.

Which Came First—Better Education or Better Health?

Better-educated people appear to be in better health than less-educated people. But does more education cause better health, or are there other factors at play – such as income and access to information?

Jobless Recoveries: Causes and Consequences

President's Message: Headline vs. Core Inflation: A Look at Some Issues

National Overview: The Economy Continues To Strengthen, but Risks Remain

District Overview: Employment in Major Cities in the District Slumps Relative to the Rest of the Country

Community Profile: Town Hangs On to Old Economy Even as It Embraces the New

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