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Frank A. Schmid

Formerly with the Federal Reserve Bank of St. Louis

Publications & Resources

  • Fear of Hell Might Fire Up the Economy

    July 2004 | Regional Economist

    In those countries where a large percentage of the population believes in hell, there seem to be less corruption and a higher standard of living.

  • Credit Unions Make Friends—But Not with Bankers

    October 2003 | Regional Economist

    Unable to slow the growth of credit unions by protesting their tax breaks and sponsor subsidies, banks are citing other reasons to bolster their case that the competition has an unfair edge.

  • The Stock Market: Beyond Risk Lies Uncertainty

    July 2002 | Regional Economist

    In the cover story, stock market investors will find out why it's so important to distinguish between these two sides of randomness.