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IFDP Notes

globe in front of a chart
December 3, 2013

Trade in Value-Added

Logan Lewis

As global production sharing expands, gross trade flows provide an increasingly misleading picture of the economic importance of trade.

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oil platform
December 3, 2013

The Energy Boom and Manufacturing in the United States: A First Look

Will Melick

Over the past eight years, the production of both crude oil and natural gas has increased sharply in the United States.

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Long road
December 3, 2013

The Long Road to Countercyclical Monetary Policy in Emerging Market Economies

Brahima Coulibaly

During the global financial crisis (GFC) of 2008-09, central banks in both advanced and emerging market economies (EMEs) lowered policy rates to cushion the adverse shock and to spur economic activity.

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Cargo containers
September 26, 2013

Do Low Interest Rates Decrease Commodity Price Volatility?

Joseph W. Gruber and Robert J. Vigfusson

Commodity prices have been volatile over the past decade relative to the 1990s. Over the same period interest rates have also been relatively low, suggesting a possible connection.

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Disclaimer: IFDP Notes are articles in which Board economists offer their own views and present analysis on a range of topics in economics and finance. These articles are shorter and less technically oriented than IFDP Working Papers.

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Last update: December 3, 2013