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 Country: United States
 Collection: Congressional Research Service Reports
Changing the Federal Reserve's Mandate: An Economic Analysis

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
Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy

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
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
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
The Organization for Economic Cooperation and Development

The Organization for Economic Cooperation and Development

Date: October 30, 2013
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
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
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
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
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
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