Economic Perspectives

A professional journal containing articles on economics, monetary theory and policy, payments systems, banking and finance, based in the Chicago, Illinois, region.

Articles from Vol. 34, No. 4, Winter

Educational Attainment and Household Location: The Case of Chicago's Lakefront
Introduction and summary In the latter half of the twentieth century, central cities in the United States, like Chicago and Detroit, tended to fall into decline--in contrast with the rapid growth they experienced until the 1950s. In search of better...
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The Asset-Backed Securities Markets, the Crisis, and TALF
Introduction and summary Credit performs the essential function of moving funds from the savers who want to lend to the investors and consumers who wish to borrow. Under ideal conditions, this process ensures that funds are invested by the most...
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