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 Resource Type: Report
 Collection: Congressional Research Service Reports
Long-Term Unemployment and Recessions

Long-Term Unemployment and Recessions

Date: November 22, 2010
Creator: Mayer, Gerald & Levine, Linda
Description: This report discusses the recession that began in the United States in December 2007 and officially ended in June 2009 and how this recession affected employment rates. This report analyzes the trend in long-term unemployment over the postwar period and offers explanations for its unusually high incidence during the most recent postwar recession. It compares the individual, job, and household characteristics of the long-term unemployed during the latest recession (2007-2009) with the long-term unemployed at the end of the two previous recessions (1990-1991 and 2001).
Contributing Partner: UNT Libraries Government Documents Department
Millennium Challenge Corporation

Millennium Challenge Corporation

Date: November 16, 2010
Creator: Tarnoff, Curt
Description: This report discusses the Millennium Challenge Corporation (MCC), which provides economic assistance through a competitive selection process to developing nations that are pursuing political and economic reforms in three areas: ruling justly, investing in people, and fostering economic freedom. This report also discusses several concerns related to MCC implementation, including the level of funding to support MCC programs.
Contributing Partner: UNT Libraries Government Documents Department
Federal Reserve: Unconventional Monetary Policy Options

Federal Reserve: Unconventional Monetary Policy Options

Date: February 6, 2014
Creator: Labonte, Marc
Description: This report discusses the Federal Reserve (Fed) unconventional policies in an attempt to reduced the federal funds rate and revive the economy. The Fed has also changed its communication policies since rates reached the zero bound.
Contributing Partner: UNT Libraries Government Documents Department
Millennium Challenge Corporation

Millennium Challenge Corporation

Date: May 3, 2011
Creator: Tarnoff, Curt
Description: This report discusses the Millennium Challenge Corporation (MCC), which provides economic assistance through a competitive selection process to developing nations that are pursuing political and economic reforms in three areas: ruling justly, investing in people, and fostering economic freedom. This report also discusses several concerns related to MCC implementation, including the level of funding to support MCC programs.
Contributing Partner: UNT Libraries Government Documents Department
Structure and Functions of the Federal Reserve System

Structure and Functions of the Federal Reserve System

Date: November 10, 2010
Creator: Smale, Pauline
Description: This report examines the structure and operations of the major components of the Federal Reserve System and provides an overview of congressional oversight activities. The report identifies the provisions of P.L. 111-203 (the Dodd-Frank Wall Street Reform and Consumer Protection Act) that affect the structure and operations of the system.
Contributing Partner: UNT Libraries Government Documents Department
Evaluating the Current Stance of Monetary Policy Using a Taylor Rule

Evaluating the Current Stance of Monetary Policy Using a Taylor Rule

Date: January 30, 2012
Creator: Labonte, Marc
Description: Oversight of the Federal Reserve's (Fed's) monetary policy decisions rests with Congress. But oversight is encumbered by the absence of a straightforward relationship between interest rates and economic performance. Further, the Fed's policy decisions are discretionary, meaning there is no objective, transparent “yardstick” for evaluating their decisions. A simple rule of thumb guide to monetary policy decisions called a “Taylor rule” is an intuitive way to judge actual policy against some objective, albeit simplistic, ideal. Taylor rules prescribe a federal funds target based on inflation and the output gap (i.e., the difference between actual gross domestic product [GDP] and potential GDP) and can be adjusted to reflect a variety of policy goals.
Contributing Partner: UNT Libraries Government Documents Department
Federal Research and Development Funding: FY2012

Federal Research and Development Funding: FY2012

Date: January 26, 2012
Creator: Sargent, John F., Jr.
Description: President Obama has requested $147.911 billion for research and development (R&D) in FY2012, a $772 million (0.5%) increase from the FY2010 actual R&D funding level of $147.139 billion. Congress will play a central role in defining the nation's R&D priorities, especially with respect to two overarching issues: the extent to which the federal R&D investment can grow in the context of increased pressure on discretionary spending and how available funding will be prioritized and allocated. Low or negative growth in the overall R&D investment may require movement of resources across disciplines, programs, or agencies to address priorities.
Contributing Partner: UNT Libraries Government Documents Department
China's Economic Rise: History, Trends, Challenges, and Implications for the United States

China's Economic Rise: History, Trends, Challenges, and Implications for the United States

Date: February 3, 2014
Creator: Morrison, Wayne M.
Description: This report provides background on China's economic rise, describes its current economic structure, identifies the challenges China faces to maintain economic growth, and discusses the challenges, opportunities, and implications for the United States.
Contributing Partner: UNT Libraries Government Documents Department
The Organization for Economic Cooperation and Development

The Organization for Economic Cooperation and Development

Date: July 27, 2012
Creator: Jackson, James K.
Description: This report provides a background of the Organization for Economic Cooperation and Development (OECD) financial crisis and the issues for Congress.
Contributing Partner: UNT Libraries Government Documents Department
Derivatives Regulation in the 111th Congress

Derivatives Regulation in the 111th Congress

Date: March 3, 2011
Creator: Jickling, Mark & Miller, Rena S.
Description: This report summarizes derivatives legislation that was considered but not enacted by the 111th Congress, and it provides background on the derivatives market.
Contributing Partner: UNT Libraries Government Documents Department