Federal Reserve Bank of St. Louis Review
A quarterly research journal intended for an economically informed but broad readershipfrom the undergraduate student to the PhD. In print and online.
FIRST QUARTER 2014 Vol. 96, No. 1
The Great Trade Collapse and Rebound: A State-by-State View
During the Great Trade Collapse in the United States, which began in late 2008, one concern was that such a large collapse would transform exporting firms into strictly domestic firms or, worse, drive them out of business. In either case, it was feared that U.S. exporting might, at best, revive slowly.
A Guide to Tracking the U.S. Economy
Analyzing and forecasting the performance and direction of a large, complex economy like that of the United States is a difficult task. The process involves parsing a great deal of data, understanding key economic relationships, and assessing which events or factors might cause monetary or fiscal policymakers to change policy.
QE: Is There a Portfolio Balance Effect?
The Federal Open Market Committee has recently attempted to stimulate economic growth using unconventional methods. Prominent among these is quantitative easing (QE)—the purchase of a large quantity of longer-term debt on the assumption that it will reduce long-term yields through the portfolio balance channel.
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