Business Review (Federal Reserve Bank of Philadelphia)

Business Review (Federal Reserve Bank of Philadelphia) is a magazine specializing in General topics.

Articles from Spring

Financing Community Development: Learning from the Past, Looking to the Future; Summary of the 2007 Federal Reserve System Community Affairs Research Conference
The conference was organized around six key questions: (1) Is subprime loan pricing fair or predatory? (2) Are legislative remedies to limit predatory lending really remedies? (3) What determines who defaults or goes bankrupt, and how do they fare?...
Human Capital and Higher Education: How Does Our Region Fare?
Human capital refers to the technical skills and knowledge acquired by workers. Education is an investment in human capital, that is, in the skills and knowledge that produce a return to the individual in the form of higher earnings. Education also...
Recent Developments in Consumer Credit and Payments
In his opening remarks at the conference, Charles Plosser, president of the Federal Reserve Bank of Philadelphia, noted that innovation in electronic payments has led to major changes in the financial industry. The process of innovation has allowed...
The Economic Logic of a Fresh Start
U.S. law gives debtors the right to petition a bankruptcy court and ask to be released from their financial obligations to creditors. For reasons explained in this article, a debtor's right to have his or her debts dismissed or discharged via a...
The Industrial Revolution and the Demographic Transition
In the 19th century, the United Kingdom began a period of economic transformation known as the Industrial Revolution. While the typical reader may think of Dickensian mills when hearing of the Industrial Revolution and of the end of a pastoral society,...