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2010-2019
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Congressional Research Service Reports
Monetary Policy and the Federal Reserve: Current Policy and Conditions
Date: July 6, 2012
Creator: Labonte, Marc
Description: This report discusses economic effects of the Federal Reserve's monetary policy, monetary policy vs. fiscal policy, the current stance of monetary policy given the financial crisis, and Congressional oversight and disclosure on the issue.
Contributing Partner: UNT Libraries Government Documents Department
Permallink:digital.library.unt.edu/ark:/67531/metadc98039/
Derivatives Regulation in the 111th Congress
Date: March 3, 2011
Creator: Jickling, Mark
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
Permallink:digital.library.unt.edu/ark:/67531/metadc103061/
Changing the Federal Reserve's Mandate: An Economic Analysis
Date: February 25, 2011
Creator: Labonte, Marc
Description: This report discusses a number of implementation issues surrounding an economic inflation target. These include what rate of inflation to target, what inflation measure to use, whether to set a point target or range, and what penalties to impose if a target is missed.
Contributing Partner: UNT Libraries Government Documents Department
Permallink:digital.library.unt.edu/ark:/67531/metadc103136/
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy
Date: December 2, 2010
Creator: Elwell, Craig K.
Description: This report looks at how Congress has been proactive in helping the economy recover after the 2008-2009 recession, as well as how it can help to keep recessions at bay in the future. Issues include typical post-war recessions, insufficient pace of private spending, and the long-term debt problem.
Contributing Partner: UNT Libraries Government Documents Department
Permallink:digital.library.unt.edu/ark:/67531/metadc96676/
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
Permallink:digital.library.unt.edu/ark:/67531/metadc99122/
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
Permallink:digital.library.unt.edu/ark:/67531/metadc31405/
Long-Term Unemployment and Recessions
Date: November 22, 2010
Creator: Mayer, Gerald
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
Permallink:digital.library.unt.edu/ark:/67531/metadc31356/
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
Permallink:digital.library.unt.edu/ark:/67531/metadc87374/
Extending Unemployment Compensation Benefits During Recessions
Date: September 13, 2012
Creator: Whittaker, Julie M.
Description: This report describes the history of temporary federal extensions to unemployment benefits from 1980 to the present. It has five sections which discuss: [1] background information on unemployment compensation (UC) benefits, [2] a definition of a recession and the process of declaring a recession, [3] a summary of the legislative history of federal extensions of unemployment benefits, [4] figures examining the statistics of recessions, and [5] previous methods for financing temporary recession programs.
Contributing Partner: UNT Libraries Government Documents Department
Permallink:digital.library.unt.edu/ark:/67531/metadc122321/
The Federal Debt: An Analysis of Movements from World War II to the Present
Date: September 17, 2010
Creator: Levit, Mindy R.
Description: This report will define the measures of debt, discuss the reasons why debt levels change, and use historical examples to illustrate the factors causing debt movements over the last seven decades. Recent policies that have affected the budgetary outlook and the debt will also be discussed. Finally, this report will examine the long-term U.S. debt outlook and implications of rising federal debt levels.
Contributing Partner: UNT Libraries Government Documents Department
Permallink:digital.library.unt.edu/ark:/67531/metadc29718/