http://www.scribd.com/people/view/199241-the-fed This a feed for documents on Scribd written by The Fed 30 Wed, 23 Jan 2008 13:16:26 GMT Wed, 23 Jan 2008 13:16:26 GMT http://www.scribd.com/doc/1401287/US-Federal-Reserve-080607amexchargeagremnt 08/06/07 15:28 FAX 141 002 a!:CTRONIC FILED by CF D,C. UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA AUG 6, 2007 CL.ARENct MADDOX CLERK U.S. OIST. CT. S.D. OF FLA.' MIAMI ) UNITED STATES OF AMERICA, Plaintiff, ~) 07-20602-CR-ZLOCH/SNOW No. _ ) ) ) ). ) ) ) v. AMERICAN EXPRESS BANK INTERNATIONAL, Defendant, DEFERRED PROSECUTION AGREEMENT INFORMATION THE UNITED STATES OF AMERICA, ACTING THROUGH ITS ATTORNEYS, CHARGES: GENERAL ALLEGATIONS At all times material to this Information: 1. Defendant AMERICAN EXPRESS BANK INTERNATIONAL is an Edge Act Corporation, headq Wed, 23 Jan 2008 13:16:26 GMT http://www.scribd.com/doc/1401287/US-Federal-Reserve-080607amexchargeagremnt http://www.scribd.com/doc/1401284/US-Federal-Reserve-gorden             Phillips Curve Specification  And the Decline in U. S. Output and Inflation Volatility *                Robert J. Gordon  Northwestern University and NBER              ____________________    *I am grateful to Rob McMenamin for excellent research assistance on this paper and to  Ian Dew‐Becker for his insights and assistance on previous related papers.        First Draft to be Presented at Symposium on   The Phillips Curve and the Natural Rate of Unemployment,  Institut für Welwirtsc Wed, 23 Jan 2008 13:16:24 GMT http://www.scribd.com/doc/1401284/US-Federal-Reserve-gorden http://www.scribd.com/doc/1401275/US-Federal-Reserve-js3077-01112005-MLTA *MONEY LAUNDERING THREAT ASSESSMENT WORKING GROUP Department of the Treasury • • • • • Office of Terrorism and Financial Intelligence (TFI) Office of Terrorist Financing & Financial Crime (TFFC) Financial Crimes Enforcement Network (FinCEN) Office of Intelligence and Analysis (OIA) Office of Foreign Assets Control (OFAC) Executive Office for Asset Forfeiture (TEOAF) • Criminal Investigation (CI) • Small Business/Self Employed Division (SB/SE) Department of Justice Federal Bureau of Investigation (FBI) Drug Enforcement Administration (DEA) Criminal Division Internal Revenue Ser Wed, 23 Jan 2008 13:16:20 GMT http://www.scribd.com/doc/1401275/US-Federal-Reserve-js3077-01112005-MLTA http://www.scribd.com/doc/1401261/US-Federal-Reserve-mfr CURRENT ACCOUNT REVERSALS AND CURRENCY CRISES Empirical Regularities* Gian Maria Milesi-Ferretti International Monetary Fund Research Department and CEPR Assaf Razin Tel Aviv University Department of Economics NBER and CEPR First draft: February 5, 1998 This draft: October 7, 1999 JEL Classification: F31, F32, F34 Keywords: currency crisis, current account, growth, real exchange rate, openness. * This paper was prepared for the NBER conference on Currency Crises held in Cambridge, February 6-7, 1998. Our discussant Jaume Ventura, Enrica Detragiache, Pietro Garibaldi, Michael Mussa, Eswar Wed, 23 Jan 2008 13:16:11 GMT http://www.scribd.com/doc/1401261/US-Federal-Reserve-mfr http://www.scribd.com/doc/1401258/US-Federal-Reserve-eighth-district-counties E I G H T H F E D E R A L R E S E RV E D I S T R I C T Schuyler Scotland Clark Adair Knox Lewis Adams Brown ILLINOIS Pike Scott Morgan Ralls un INDIANA Macon Shelby Marion Randolph Monroe Pike Audrain Montgomery Greene Macoupin Jersey Madison Ca lho Montgomery Fayette Bond Clay Clinton Marion Wayne Jefferson Hamilton Boone Callaway Moniteau Lincoln Effingham Sullivan Jasper Crawford Lawrence Wabash Greene Lawrence Martin Jackson Jefferson Scott Washington Clark Harrison Warren St. Charles St. Louis St. Louis City Switzerland Gallatin Owen Franklin MISSOURI Gasconade Wed, 23 Jan 2008 13:16:08 GMT http://www.scribd.com/doc/1401258/US-Federal-Reserve-eighth-district-counties http://www.scribd.com/doc/1401254/US-Federal-Reserve-pre-20071212 abcdefg Communications P.O. Box, CH-8022 Zurich Telephone +41 1 631 31 11 Fax +41 1 631 39 10 Zurich, 12 December 2007 Swiss National Bank provides US dollar funding Today, the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are announcing measures designed to address elevated pressures in short-term funding markets. Swiss National Bank action In addition to its Swiss franc open market operations, the Swiss National Bank will offer a US dollar repo transaction on 17 December 2007. The maximum amount offered will be USD 4 billion Wed, 23 Jan 2008 13:16:06 GMT http://www.scribd.com/doc/1401254/US-Federal-Reserve-pre-20071212 http://www.scribd.com/doc/1401250/US-Federal-Reserve-rpts1334 Calendar No. 168 108TH CONGRESS " 1st Session SENATE ! REPORT 108–79 CHECK TRUNCATION ACT OF 2003 JUNE 25, 2003.—Ordered to be printed Mr. SHELBY, from the Committee on Banking, Housing, and Urban Affairs, submitted the following REPORT [To accompany S. 1334] [Including cost estimate of the Congressional Budget Office] The Committee on Banking, Housing, and Urban Affairs, reported an original bill (S. 1334) to facilitate check truncation by authorizing substitute checks, to foster innovation in the check collection system without mandating receipt of checks in electronic form, and to Wed, 23 Jan 2008 13:16:04 GMT http://www.scribd.com/doc/1401250/US-Federal-Reserve-rpts1334 http://www.scribd.com/doc/1401248/US-Federal-Reserve-Check21ConfRpt 108TH CONGRESS " HOUSE OF REPRESENTATIVES 1st Session ! REPORT 108–291 CHECK CLEARING FOR THE 21ST CENTURY ACT OCTOBER 1, 2003.—Ordered to be printed Mr. OXLEY, from the committee of conference, submitted the following CONFERENCE REPORT [To accompany H.R. 1474] The committee of conference on the disagreeing votes of the two Houses on the amendment of the Senate to the bill (H.R. 1474), to facilitate check truncation by authorizing substitute checks, to foster innovation in the check collection system without mandating receipt of checks in electronic form, and to improve the overall Wed, 23 Jan 2008 13:16:03 GMT http://www.scribd.com/doc/1401248/US-Federal-Reserve-Check21ConfRpt http://www.scribd.com/doc/1401245/US-Federal-Reserve-200237 FOR IMMEDIATE RELEASE 2002-37 SEC ANNOUNCES ACTIONS FOR ISSUERS IN LIGHT OF INDICTMENT OF ARTHUR ANDERSEN LLP Washington, DC, March 14, 2002 � The Securities and Exchange Commission announced today that it has approved necessary and immediate regulatory actions to assure a continuing and orderly flow of information to investors and U.S. capital markets and to minimize any potential disruptions that may occur as a result of the indictment of Arthur Andersen LLP. The Commission has requested and received assurances from Andersen that it will continue to audit financial statements in accordan Wed, 23 Jan 2008 13:16:02 GMT http://www.scribd.com/doc/1401245/US-Federal-Reserve-200237 http://www.scribd.com/doc/1401243/US-Federal-Reserve-rs283tot A Survey Based Assessment of Financial Institution Use of Credit Scoring for Small Business Lending by Charles D. Cowan and Adrian M. Cowan for under contract number SBAH-04-Q-0021 Release Date: November 2006 The statements, findings, conclusions, and recommendations found in this study are those of the authors and do not necessarily reflect the views of the Office of Advocacy, the United States Small Business Administration, or the United States Government. **November 2006 No. 283 A Survey Based Assessment of Financial Institution Use of Credit Scoring for Small Business Lending Charles Wed, 23 Jan 2008 13:16:01 GMT http://www.scribd.com/doc/1401243/US-Federal-Reserve-rs283tot http://www.scribd.com/doc/1401240/US-Federal-Reserve-er680501 THE REAL BILLS DOCTRINE Thomas M. Humphrey . . . the real bills criterion sets no effective limit to the quantity of money. Milton Friedman and Anna J. Schwartz A Monetary History of the United States, 1867-1960 With recession lingering and interest rates remaining high, one hears increasingly that the Fed should abandon its money growth targets and move to a policy of lowering interest rates to full employment levels. All would be well, we are told, if only the Fed would set a fixed low interest rate target consistent with full employment and then let the money stock adjust to money demand t Wed, 23 Jan 2008 13:15:59 GMT http://www.scribd.com/doc/1401240/US-Federal-Reserve-er680501 http://www.scribd.com/doc/1401230/US-Federal-Reserve-nib-research Community Affairs Office of the Federal Reserve Bank of Richmond *The Impacts of Targeted Public and Nonprofit Investment on Neighborhood Development Research based on Richmond, Virginia’s Neighborhoods in Bloom Program Authors John Accordino, Virginia Commonwealth University George Galster, Wayne State University Peter Tatian, The Urban Institute Research project sponsored by Community Affairs Office of the Federal Reserve Bank of Richmond with assistance from Richmond Local Initiatives Support Corporation Opinions expressed herein are those of the authors and not necessarily those of t Wed, 23 Jan 2008 13:15:51 GMT http://www.scribd.com/doc/1401230/US-Federal-Reserve-nib-research http://www.scribd.com/doc/1401206/US-Federal-Reserve-PaperWright Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset Jon Fausty Jonathan H. Wrightz We thank Douglas Battenberg, Jean Boivin, Bryan Campbell, Frank Diebold, Mike McCracken, Athanasios Orphanides, Lucrezia Reichlin, Dave Reifschneider, Chris Sims, Jim Stock and Mark Watson for helpful comments. All remaining errors are our own. The views expressed in this paper are solely the responsibility of the authors and should not be interpreted as re‡ ecting the views of the Board of Governors of the Federal Reserve System or of any other employee of the Federal Reserve System Wed, 23 Jan 2008 13:15:32 GMT http://www.scribd.com/doc/1401206/US-Federal-Reserve-PaperWright http://www.scribd.com/doc/1401201/US-Federal-Reserve-callforpaperscaresearch2007 March 29-30, 2007 The Capital Hilton, Washington, D.C. Call For Papers A Federal Reserve System Community Affairs Research Conference The program committee welcomes research papers and studies that address the following topics, among others: • Challenges to and opportunities for improving the effectiveness of community development efforts, including: – The changing market structure of the financial services industry – The changing market structure of community organizations – Fair and equal access to credit – Consumer debt burdens and/or bankruptcies – Foreclosures – Predatory l Wed, 23 Jan 2008 13:15:28 GMT http://www.scribd.com/doc/1401201/US-Federal-Reserve-callforpaperscaresearch2007 http://www.scribd.com/doc/1401190/US-Federal-Reserve-agenda-financingcommdev Federal Reserve System Community Affairs Research Conference Community Development Capital Hilton Washington, D.C. Financing Learning from the Past, Looking to the Future March 29-30, 2007 * *T • • • • • • • he Community Affairs officers of the Federal Reserve System invite you to attend a conference presenting research on trends and innovations in products serving low- and moderate-income communities and people. Every year, communities around the country invest millions of dollars to stabilize and rebuild distressed and underserved urban and rural communities. This fifth Wed, 23 Jan 2008 13:15:18 GMT http://www.scribd.com/doc/1401190/US-Federal-Reserve-agenda-financingcommdev http://www.scribd.com/doc/1401186/US-Federal-Reserve-wp0513 WORKING PAPER NO. 05-13 A CENTURY OF CONSUMER CREDIT REPORTING IN AMERICA Robert M. Hunt Federal Reserve Bank of Philadelphia June 2005 *WORKING PAPER NO. 05-13 A CENTURY OF CONSUMER CREDIT REPORTING IN AMERICA Robert M. Hunt* Federal Reserve Bank of Philadelphia June 2005 * Research Department, Federal Reserve Bank of Philadelphia, Ten Independence Mall, Philadelphia, PA 19106. Phone: 215-574-3806. E-mail: bob.hunt@phil.frb.org The idea for this paper originated in discussions with the Federal Reserve Bank of Philadelphia’s Payment Cards Center. Thanks to James DiSalvo for his assistance Wed, 23 Jan 2008 13:15:11 GMT http://www.scribd.com/doc/1401186/US-Federal-Reserve-wp0513 http://www.scribd.com/doc/1401174/US-Federal-Reserve-brq302sc The Taylor Curve and the Unemployment-Inflation Tradeoff BY SATYAJIT CHATTERJEE n the past, monetary policy options were described in terms of a tradeoff between the unemployment rate and the inflation rate, the so-called Phillips curve. Macroeconomists no longer view the Phillips curve as a viable “policy menu” because its use as such is inconsistent with mainstream macroeconomic theory. In the late 1970s, John Taylor suggested an alternative set of options for policymakers to consider, one consistent with macroeconomic theory. These alternative options involve a tradeoff between the var Wed, 23 Jan 2008 13:15:03 GMT http://www.scribd.com/doc/1401174/US-Federal-Reserve-brq302sc http://www.scribd.com/doc/1401160/US-Federal-Reserve-PaperWright Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset Jon Fausty Jonathan H. Wrightz We thank Douglas Battenberg, Jean Boivin, Bryan Campbell, Frank Diebold, Mike McCracken, Athanasios Orphanides, Lucrezia Reichlin, Dave Reifschneider, Chris Sims, Jim Stock and Mark Watson for helpful comments. All remaining errors are our own. The views expressed in this paper are solely the responsibility of the authors and should not be interpreted as re‡ ecting the views of the Board of Governors of the Federal Reserve System or of any other employee of the Federal Reserve System Wed, 23 Jan 2008 13:14:55 GMT http://www.scribd.com/doc/1401160/US-Federal-Reserve-PaperWright http://www.scribd.com/doc/1401156/US-Federal-Reserve-PBGCAMR PENSION BENEFIT GUARANTY CORPORATION Annual Management Report Fiscal Year 2007 November 14, 2007 *2007 Annual Management Report The Pension Benefit Guaranty Corporation (The PBGC or the Corporation) is a federal corporation established under the Employee Retirement Income Security Act (ERISA) of 1974, as amended. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in 30,460 private-sector defined benefit pension plans. The Corporation receives no funds from general tax revenues. Operations are financed largely by insuranc Wed, 23 Jan 2008 13:14:51 GMT http://www.scribd.com/doc/1401156/US-Federal-Reserve-PBGCAMR http://www.scribd.com/doc/1401153/US-Federal-Reserve-78199 OTS Form 1313 Rev. March 2007 Thrift Financial Report 2007 Office of Thrift Supervision 1700 G Street, N.W. Washington, DC 20552 *OMB No. 1550-0023 OFFICE OF THRIFT SUPERVISION THRIFT FINANCIAL REPORT PAPERWORK REDUCTION ACT STATEMENT The Office of Thrift Supervision will use this information to supervise the savings associations and to develop regulatory policy. Collection of the information is mandatory [12 CFR Part 563.180]. The estimated average burden associated with this collection of information per response is 35.4 hours for quarterly schedules and 2.6 hours for schedules only req Wed, 23 Jan 2008 13:14:49 GMT http://www.scribd.com/doc/1401153/US-Federal-Reserve-78199 http://www.scribd.com/doc/1401149/US-Federal-Reserve-ENTREPRENEUR NURTURING ENTREPRENEURIAL GROWTH IN STATE ECONOMIES By Thom Rubel and Scott Palladino 1 *Since their initial meeting in 1908 to discuss interstate water problems, the Governors have worked through the National Governors' Association to deal collectively with issues of public policy and governance. The association's ongoing mission is to support the work of the Governors by providing a bipartisan forum to help shape and implement national policy and to solve state problems. The members of the National Governors' Association (NGA) are the Governors of the fifty states, the territories of Amer Wed, 23 Jan 2008 13:14:47 GMT http://www.scribd.com/doc/1401149/US-Federal-Reserve-ENTREPRENEUR http://www.scribd.com/doc/1401148/US-Federal-Reserve-0306apga William C. Apgar and Mark Duda The Twenty-Fifth Anniversary of the Community Reinvestment Act: Past Accomplishments and Future Regulatory Challenges 1. Introduction and Summary1 T he U.S. Congress passed the Community Reinvestment Act (CRA) in 1977 to encourage depository institutions to meet the credit needs of lower income neighborhoods. The CRA was built on the simple proposition that deposit-taking banking organizations have a special obligation to serve the credit needs of the communities in which they maintain branches. At the time of the CRA’s passage, banks and thrifts originated Wed, 23 Jan 2008 13:14:46 GMT http://www.scribd.com/doc/1401148/US-Federal-Reserve-0306apga http://www.scribd.com/doc/1401146/US-Federal-Reserve-0205vand Skander J. Van den Heuvel Does Bank Capital Matter for Monetary Transmission? Introduction interesting implications for our understanding of the monetary transmission mechanism. In addition, I briefly discuss whether recently adopted and proposed amendments to the Basle Accord can be expected to change these implications. T raditional monetary theory has largely ignored the role of bank equity. Bank-centered accounts of how monetary policy affects the real economy usually focus on the role of reserves and reserve requirements in determining the volume of demand deposits and, in the case of Wed, 23 Jan 2008 13:14:45 GMT http://www.scribd.com/doc/1401146/US-Federal-Reserve-0205vand http://www.scribd.com/doc/1401144/US-Federal-Reserve-0205mcca Jonathan McCarthy and Richard W. Peach Monetary Policy Transmission to Residential Investment Introduction T he volatility of residential investment has declined considerably since the mid-1980s (Chart 1). The timing of this reduction in volatility corresponds to the timing of a fundamental restructuring of the housing finance system, from a heavily regulated system dominated by thrift institutions (savings and loans and mutual savings banks) to a relatively unregulated system dominated by mortgage bankers and brokers and the process of mortgage securitization. With this restructuring, the Wed, 23 Jan 2008 13:14:44 GMT http://www.scribd.com/doc/1401144/US-Federal-Reserve-0205mcca http://www.scribd.com/doc/1401143/US-Federal-Reserve-0205estr Arturo Estrella Securitization and the Efficacy of Monetary Policy I. Introduction result in terms of inflation or output, it may be necessary to make a larger policy move than was required earlier. Section III describes the markets in which securitization has grown the most in recent years. The analysis suggests that the more prominently these markets feature in the monetary transmission mechanism, the more likely it is that they have contributed to a reduction in the efficacy of policy moves. We then construct in Section IV some simple empirical macroeconomic models with an explicit role fo Wed, 23 Jan 2008 13:14:43 GMT http://www.scribd.com/doc/1401143/US-Federal-Reserve-0205estr http://www.scribd.com/doc/1401142/US-Federal-Reserve-0205aoki Kosuke Aoki, James Proudman, and Gertjan Vlieghe Houses as Collateral: Has the Link between House Prices and Consumption in the U.K. Changed? I. Introduction S ignificant attention is paid by policymakers in the United Kingdom to the relationship between house prices, the business cycle, and inflation, on account of the pronounced procyclical pattern of house prices. Are house prices a symptom of macroeconomic conditions? Or are there important feedback effects from house prices to real variables? As this paper shows, the data suggest that there is a strong comovement of house prices with c Wed, 23 Jan 2008 13:14:41 GMT http://www.scribd.com/doc/1401142/US-Federal-Reserve-0205aoki http://www.scribd.com/doc/1401140/US-Federal-Reserve-c0511 The Transmission of Domestic Shocks in Open Economies Christopher Erceg∗ Federal Reserve Board Christopher Gust Federal Reserve Board David L´pez-Salido o Federal Reserve Board and CEPR November 2007 Abstract: This paper uses an open economy DSGE model to explore how trade openness affects the transmission of domestic shocks. For some calibrations, closed and open economies appear dramatically different, reminiscent of the implications of Mundell-Fleming style models. However, we argue such stark differences hinge on calibrations that impose an implausibly high trade price elasticity and Wed, 23 Jan 2008 13:14:40 GMT http://www.scribd.com/doc/1401140/US-Federal-Reserve-c0511 http://www.scribd.com/doc/1401137/US-Federal-Reserve-doms CONSTRUCTING PRICE AND QUANTITY INDEXES FOR HIGH TECHNOLOGY GOODS by Ana Aizcorbe, Carol Corrado, and Mark Doms* Industrial Output Section, Division of Research and Statistics Federal Reserve Board, Washington D.C. 20551 July 26, 2000 ABSTRACT In most markets for high technology goods, the life of a specific product variety is short, and many varieties are bought and sold at once. Using data for computers and semiconductors that are very disaggregate and available at a high frequency, we find that matched-model superlative price indexes capture the rapid pace of quality change in these good Wed, 23 Jan 2008 13:14:36 GMT http://www.scribd.com/doc/1401137/US-Federal-Reserve-doms http://www.scribd.com/doc/1401130/US-Federal-Reserve-lessonslearned Lessons Learned: A Review of Early Childhood Development Studies April 2006 Jean Burr, Ph.D. Faculty Fellow Department of Psychology Colby College Rob Grunewald Associate Economist Federal Reserve Bank of Minneapolis *Executive Summary Research shows that the economic returns from investments in early childhood development programs are substantial due to productivity gains in the workforce and cost savings to society. The quality of life an adult enjoys and the contributions he or she makes to society can be traced, in part, back to his or her first few years of life. From birth through age Wed, 23 Jan 2008 13:14:31 GMT http://www.scribd.com/doc/1401130/US-Federal-Reserve-lessonslearned http://www.scribd.com/doc/1401127/US-Federal-Reserve-iv-jmcb-final International Pricing in a Generalized Model of Ideal Variety David Hummels NBER, Purdue University Volodymyr Lugovskyy University of Memphis March 2007 Abstract: We examine international markups and pricing in a generalized version of Lancaster’s ‘ideal variety’ model. In this model, entry causes crowding in variety space, so that the marginal utility of new varieties falls as market size grows. Crowding is partially offset by income effects, as richer consumers will pay more for varieties closer matched to their ideal types. We show theoretically and confirm empirically that declini Wed, 23 Jan 2008 13:14:30 GMT http://www.scribd.com/doc/1401127/US-Federal-Reserve-iv-jmcb-final http://www.scribd.com/doc/1401125/US-Federal-Reserve-s97mishk The Causes and Propagation of Financial Instability: Lessons for Policymakers Frederic S. Mishkin In the last twenty years, countries throughout the world have experienced severe bouts of financial instability. Banking crises have become so common that it is the rare country that has not experienced one, while full-scale financial crises have struck some economies with devastating effects. Financial instability, although a particularly severe problem for emerging-market countries which suffer disproportionately when it occurs, has struck industrialized countries just as frequently. Given our Wed, 23 Jan 2008 13:14:29 GMT http://www.scribd.com/doc/1401125/US-Federal-Reserve-s97mishk http://www.scribd.com/doc/1401124/US-Federal-Reserve-FEbrochure ESSENTIAL COMPONENTS OF WORKFORCE FINANCIAL EDUCATION Many of the necessary components and services can be obtained from service providers such as consumer counseling services, local financial institutions, government resources and contract service providers at minimal or no cost. The following are the recommended components for a work-based financial education program: • Basic financial education, including budgeting, debt management and saving • Financial coaching and advisement • 401(k) education seminars and workshops • Pre-retirement education • Easy access to financial ser Wed, 23 Jan 2008 13:14:28 GMT http://www.scribd.com/doc/1401124/US-Federal-Reserve-FEbrochure http://www.scribd.com/doc/1401121/US-Federal-Reserve-S99eich Exchange Rates and Financial Fragility Barry Eichengreen Ricardo Hausmann Introduction If one positive thing can be said about the Asian crisis and subsequent discussions of how to strengthen the international financial architecture, it is that they breathed new life into a moribund debate on the consequences of exchange-rate arrangements. Curiously, early contributions to post-Asia literature about how to make the world a safer financial place said little about the choice of exchange rate regime, focusing instead on transparency, prudential supervision, policy toward capital flows, and IMF r Wed, 23 Jan 2008 13:14:27 GMT http://www.scribd.com/doc/1401121/US-Federal-Reserve-S99eich http://www.scribd.com/doc/1401115/US-Federal-Reserve-s97mishk The Causes and Propagation of Financial Instability: Lessons for Policymakers Frederic S. Mishkin In the last twenty years, countries throughout the world have experienced severe bouts of financial instability. Banking crises have become so common that it is the rare country that has not experienced one, while full-scale financial crises have struck some economies with devastating effects. Financial instability, although a particularly severe problem for emerging-market countries which suffer disproportionately when it occurs, has struck industrialized countries just as frequently. Given our Wed, 23 Jan 2008 13:14:24 GMT http://www.scribd.com/doc/1401115/US-Federal-Reserve-s97mishk http://www.scribd.com/doc/1401110/US-Federal-Reserve-StockWatson-0902 Has the Business Cycle Changed? Evidence and Explanations August 2003 (Revised September 2003) James H. Stock Department of Economics, Harvard University and the National Bureau of Economic Research and Mark W. Watson* Woodrow Wilson School and Department of Economics, Princeton University and the National Bureau of Economic Research *Prepared for the Federal Reserve Bank of Kansas City symposium, “Monetary Policy and Uncertainty,” Jackson Hole, Wyoming, August 28 – 30, 2003. The authors thank Dick van Dijk, Brian Doyle, Graham Elliott, Charles Evans, Jon Faust, John Fernald, Andrew H Wed, 23 Jan 2008 13:14:22 GMT http://www.scribd.com/doc/1401110/US-Federal-Reserve-StockWatson-0902 http://www.scribd.com/doc/1401099/US-Federal-Reserve-c3 CHAPTER III HOW HAS GLOBALIZATION AFFECTED INFLATION? I nflation in advanced and many emerging market economies has remained remarkably subdued over the past two years despite a significant rise in commodity prices, strong growth, and a broadly accommodating monetary policy stance in the major currency areas. Is this situation sustainable or does it foreshadow unwelcome inflation surprises in the near future? Some analysts have argued that low and stable inflation reflects more intense global competition, which prevents firms from raising prices and puts downward pressures on wages in many Wed, 23 Jan 2008 13:14:18 GMT http://www.scribd.com/doc/1401099/US-Federal-Reserve-c3 http://www.scribd.com/doc/1401094/US-Federal-Reserve-pb0311 Number PB03-11 International Economics Policy Briefs and their successful response to that influence were key to higher trend productivity growth and the associated “trifecta” of faster income growth, lower inflation, and more employment. Deeper transformation and wider diffusion of IT throughout the US economy will bring about a second wave of productivity growth. To that end, an international value chain should increasingly produce not only hardware but also software and services, which will lead to a decline in the prices of software and services, thus making the overall IT package aff Wed, 23 Jan 2008 13:14:15 GMT http://www.scribd.com/doc/1401094/US-Federal-Reserve-pb0311 http://www.scribd.com/doc/1401091/US-Federal-Reserve-mann0304 Global Sourcing & High-Tech Jobs: Productivity Gains & Policy Challenges Dr. Catherine L. Mann Senior Fellow, Institute for International Economics CLMann@IIE.com March 11, 2004 1 *The Job Picture: A Struggling Economy Assessment of remedies requires disaggregation and cutting through boom and bust Catherine L. Mann, Institute for International Economics Manufacturing continued decline=>adjustment policies White collar & high skills reviving=>skill-matching policies 2 *Two-Pronged Policy Strategy Catherine L. Mann, Institute for International Economics • Domestic strategy: Match workers Wed, 23 Jan 2008 13:14:14 GMT http://www.scribd.com/doc/1401091/US-Federal-Reserve-mann0304 http://www.scribd.com/doc/1401087/US-Federal-Reserve-pa426h U.S. Department of Housing and Urban Development HOW TO AVOID FORECLOSURE This booklet explains how property owners can avoid losing their homes because of delinquent payments. Este folleto explica a los propietarios de casas como evitar perder su hogar debido al incumplimiento en los pagos. Para información en español llame a la entidad que le dió el préstamo. www.hud.gov **Q: WHAT HAPPENS WHEN I MISS MY MORTGAGE PAYMENTS? Foreclosure may occur. This is the legal means that your lender can use to repossess (take over) your home. When this happens, you must move out of your house. If Wed, 23 Jan 2008 13:14:12 GMT http://www.scribd.com/doc/1401087/US-Federal-Reserve-pa426h http://www.scribd.com/doc/1401084/US-Federal-Reserve-p0109p0118 Marketing and Financing Home Ownership: Mortgage Lending and Public Policy in the United States, 1918-1989 Marc A. Weiss ColumbiaUniversity Since earlypartof thiscentury, the therehavebeenextensive efforts bybusiness, government, themedia promote and to urban suburban and home ownership a superior of life to tenancy. as way President Hoovercaptured thisattitude an important in national speech 1931: in "they never singsongs abouta pile of rentreceipts" p. 2]. Ironically, of the maingoals [15, one of thisbroadcoalition wasto make owning more like rentingin one crucial respect: flowof cash the Wed, 23 Jan 2008 13:14:11 GMT http://www.scribd.com/doc/1401084/US-Federal-Reserve-p0109p0118 http://www.scribd.com/doc/1401081/US-Federal-Reserve-d07253 United States Government Accountability Office GAO February 2007 Report to Congressional Committees RISK-BASED CAPITAL Bank Regulators Need to Improve Transparency and Overcome Impediments to Finalizing the Proposed Basel II Framework GAO-07-253 *February 2007 RISK-BASED CAPITAL Highlights Highlights of GAO-07-253, a report to Congressional Committees Accountability Integrity Reliability Bank Regulators Need to Improve Transparency and Overcome Impediments to Finalizing the Proposed Basel II Framework What GAO Found Rapid innovation in financial markets and advances in risk management Wed, 23 Jan 2008 13:14:10 GMT http://www.scribd.com/doc/1401081/US-Federal-Reserve-d07253 http://www.scribd.com/doc/1401078/US-Federal-Reserve-041209factarpt TC c TA T c CA AC C FA F TA CF FA ct At ct T A ct T A T A C c A TA C C FA F TC A to Congress FA ct F A tReport t ct T Fc c TA TA C t A A Sections C and C of FA TUnder T A 318 FA319 CF C the Fair and Accurate Credit t Act A FA t c t c t Transactions c ofT A CT A c T A T A Act C 2003 AC C FA FA t F A FA t c t Ft c TA T c t Ac A TA C C TC A FA t T AC A Ft CF c F ct c t Trade Commission T A C c ct AFederal T A T A C AT C AC FA FA C FA December 2004t Fc At ct T A Fc ct T A T A C A TA C C FA TC A FA t CA Ft ct c F ct c TA TA C ct T A T A C C FA C FA FA C **Federal Trade Commission Report to Congre Wed, 23 Jan 2008 13:14:09 GMT http://www.scribd.com/doc/1401078/US-Federal-Reserve-041209factarpt http://www.scribd.com/doc/1401074/US-Federal-Reserve-FACT-Act-Report-2006 Report to Congress Under Section 319 of the Fair and Accurate Credit Transactions Act of 2003 December 2006 Federal Trade Commission Deborah Platt Majoras, Chairman Pamela Jones Harbour, Commissioner Jon Leibowitz, Commissioner William E. Kovacic, Commissioner J. Thomas Rosch, Commissioner *Report to Congress Under Section 319 of the FACT Act Summary The Federal Trade Commission (“FTC” or “Commission”) submits this report pursuant to Section 319 of the Fair and Accurate Credit Transactions Act of 2003, Pub. L. 108-159, 117 Stat. 1952 (“FACT Act”). The FACT Act, which was enacted Wed, 23 Jan 2008 13:14:07 GMT http://www.scribd.com/doc/1401074/US-Federal-Reserve-FACT-Act-Report-2006 http://www.scribd.com/doc/1401073/US-Federal-Reserve-ftcfinalreport060228 Evolution of a Prototype Financial Privacy Notice A Report on the Form Development Project February 28, 2006 Kleimann Communication Group, Inc. **Executive Summary The Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act (GLBA), requires financial institutions to provide their customers with initial and annual notices of their privacy policies and practices. The notices must be clear, conspicuous, and accurate statements of the company’s privacy practices, and provide a means for consumers to opt out of certain information sharing when they have the right. Soon af Wed, 23 Jan 2008 13:14:06 GMT http://www.scribd.com/doc/1401073/US-Federal-Reserve-ftcfinalreport060228 http://www.scribd.com/doc/1401063/US-Federal-Reserve-synovatereport Synovate 1650 Tysons Blvd Suite 110 McLean VA 22102 Tel 703 790 9099 Fax 703 790 9181 www.synovate.com Federal Trade Commission – Identity Theft Survey Report Prepared for Prepared by September, 2003 Federal Trade Commission Synovate *Identity Theft Survey Report Federal Trade Commission Table of Contents Methodology ....................................................................Page 3 Executive Summary.........................................................Pages 4 – 9 Incidence of Identity Theft ..............................................Pages 10 – 16 Time Considerations .. Wed, 23 Jan 2008 13:13:56 GMT http://www.scribd.com/doc/1401063/US-Federal-Reserve-synovatereport http://www.scribd.com/doc/1401056/US-Federal-Reserve-debit TELEMARKETING FOR THE CONSUMER FTC FACTS for Consumers www.ftc.gov Automatic Debit Scams FEDERAL TRADE COMMISSION 1-877-FTC-HELP F raudulent telemarketers have found yet another way to steal your money, this time from your checking account. Consumers across the country are complaining about unauthorized debits (withdrawals) from their checking accounts. Automatic debiting of your checking account can be a legitimate payment method; many people pay mortgages or make car payments this way. But the system is being abused by fraudulent telemarketers. Therefore, if a caller asks for your Wed, 23 Jan 2008 13:13:51 GMT http://www.scribd.com/doc/1401056/US-Federal-Reserve-debit http://www.scribd.com/doc/1401055/US-Federal-Reserve-article2 17 Real-Time Estimation of Trend Output and the Illusion of Interest Rate Smoothing* Kevin J. Lansing Senior Economist Federal Reserve Bank of San Francisco Empirical estimates of the Federal Reserve’s policy rule typically find that the regression coefficient on the lagged federal funds rate is around 0.8 and strongly significant. One economic interpretation of this result is that the Fed intentionally “smoothes’’ interest rates, i.e., policymakers move gradually over time to bring the current level of the funds rate in line with a desired level that is determined by consideratio Wed, 23 Jan 2008 13:13:50 GMT http://www.scribd.com/doc/1401055/US-Federal-Reserve-article2 http://www.scribd.com/doc/1401053/US-Federal-Reserve-903-2746 ******************* Wed, 23 Jan 2008 13:13:46 GMT http://www.scribd.com/doc/1401053/US-Federal-Reserve-903-2746 http://www.scribd.com/doc/1401037/US-Federal-Reserve-wp0318bk The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach Francis X. Diebold University of Pennsylvania and NBER fdiebold@sas.upenn.edu Glenn D. Rudebusch Federal Reserve Bank of San Francisco glenn.rudebusch@sf.frb.org S. Boragan Aruoba University of Pennsylvania aruoba@econ.upenn.edu This revision/print: May 19, 2004 Abstract: We estimate a model that summarizes the yield curve using latent factors (specifically, level, slope, and curvature) and also includes observable macroeconomic variables (specifically, real activity, inflation, and the monetary policy instrument). Our go Wed, 23 Jan 2008 13:13:28 GMT http://www.scribd.com/doc/1401037/US-Federal-Reserve-wp0318bk http://www.scribd.com/doc/1401027/US-Federal-Reserve-wp0317bk FEDERAL RESERVE BANK OF SAN FRANCISCO WORKING PAPER SERIES A Macro-Finance Model of the Term Structure, Monetary Policy, and the Economy Glenn D. Rudebusch Federal Reserve Bank of San Francisco and Tao Wu Federal Reserve Bank of San Francisco December 2004 Working Paper 2003-17 http://www.frbsf.org/publications/economics/papers/2003/wp03-17bk.pdf The views in this paper are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of San Francisco or the Board of Governors of the Federal Reserve System. *A Macro-Finance Mod Wed, 23 Jan 2008 13:13:14 GMT http://www.scribd.com/doc/1401027/US-Federal-Reserve-wp0317bk http://www.scribd.com/doc/1401014/US-Federal-Reserve-wpkl0004 Ohduqlqj Derxw d Vkliw lq Wuhqg Rxwsxw= Lpsolfdwlrqv iru Prqhwdu| Srolf| dqg Lq dwlrqÆ Nhylq M1 Odqvlqj_ Ihghudo Uhvhuyh Edqn ri Vdq Iudqflvfr Mxo| 4/ 5335 Wklv sdshu ghyhorsv d vpdoo iruzdug0orrnlqj pdfurhfrqrplf prgho zkhuh wkh Ihghudo Uh0 vhuyh hvwlpdwhv wkh ohyho ri srwhqwldo rxwsxw lq uhdo wlph e| uxqqlqj d uhjuhvvlrq rq sdvw rxwsxw gdwd1 Wkh Ihg*v shufhlyhg rxwsxw jds lv xvhg dv dq lqsxw wr wkh prqhwdu| srolf| uxoh zkloh wkh wuxh rxwsxw jds lq xhqfhv djjuhjdwh ghpdqg dqg lq dwlrq1 L lqyhvwljdwh wkh frqvhtxhqfhv ri wzr deuxsw vkliwv lq wkh jurzwk udwh ri wuxh srwhqwldo rxwsxw= wkh *uvw r Wed, 23 Jan 2008 13:13:04 GMT http://www.scribd.com/doc/1401014/US-Federal-Reserve-wpkl0004 http://www.scribd.com/doc/1400997/US-Federal-Reserve-kamin The Revived Bretton Woods System: Does It Explain Developments in Non-China Developing Asia? Presentation for conference on “The Revived Bretton Woods System: A New Paradigm for Asian Development?” Federal Reserve Bank of San Francisco February 4, 2005 Steven B. Kamin1 Associate Director, Division of International Finance Federal Reserve Board It is a genuine pleasure to be here today to take part in such an interesting and important discussion, and among such a distinguished group of scholars. The comments I will offer are, of course, my own and do not necessarily reflect the views of the Wed, 23 Jan 2008 13:12:53 GMT http://www.scribd.com/doc/1400997/US-Federal-Reserve-kamin http://www.scribd.com/doc/1400992/US-Federal-Reserve-TwinDeficits Budget and External Deficits: Not Twins but the Same Family Edwin M. Truman∗ Senior Fellow Institute for International Economics Prepared for The Macroeconomics of Fiscal Policy Federal Reserve Bank of Boston Annual Research Conference June 14-16, 2004 Introduction The United States has had a current account deficit for most of the past thirty years.1 Since 1969 the deficit has averaged 1.5 percent of GDP -- 2.9 percent over the past 10 years -- and it is generally projected to be about 5 percent of GDP in 2004. As a result, the US net asset/liability position or net international investment Wed, 23 Jan 2008 13:12:51 GMT http://www.scribd.com/doc/1400992/US-Federal-Reserve-TwinDeficits http://www.scribd.com/doc/1400989/US-Federal-Reserve-bankersguide Guide to Financial Literacy Resources *Resources compiled by Marie Frederichs Office of Thrift Supervision Andrea Rohrke Federal Reserve Bank of San Francisco Edited by Lena Robinson Federal Reserve Bank of San Francisco To order co pies of this publication or to find other publications relating to community development, write o r call: Community Affairs Unit Federal Reserve Bank of San Francisco 101 Market Street, M/S 640 San Francisco, CA 94105-1530 (415) 974-2978 http://www.frbsf.org/community/index.html i *TABLE OF CONTENTS Introduction Financial Literacy and the CRA How to Use this Re Wed, 23 Jan 2008 13:12:49 GMT http://www.scribd.com/doc/1400989/US-Federal-Reserve-bankersguide http://www.scribd.com/doc/1400984/US-Federal-Reserve-2004PaymentResearchReport The 2004 Federal Reserve Payments Study Analysis of Noncash Payments Trends in the United States: 2000 – 2003 Research Sponsored by the Federal Reserve System Updated December 15, 2004 Copyright 2004, Federal Reserve System *2004 Federal Reserve Payments Study December 2004 Federal Reserve Project Team Members Geoffrey R. Gerdes Economist, Payment System Studies Section Division of Reserve Bank Operations and Payment Systems Board of Governors of the Federal Reserve System Stephen A. Levy Director, Strategic & Financial Planning Retail Payments Office of the Federal Reserve System Fede Wed, 23 Jan 2008 13:12:44 GMT http://www.scribd.com/doc/1400984/US-Federal-Reserve-2004PaymentResearchReport http://www.scribd.com/doc/1400985/US-Federal-Reserve-2007-payments-study The 2007 Federal Reserve Payments Study Noncash Payment Trends in the United States: 2003 – 2006 Research Sponsored by the Federal Reserve System Released December 10, 2007 Copyright 2007, Federal Reserve System *2007 Federal Reserve Payments Study December 2007 Project Team Members Federal Reserve Geoffrey R. Gerdes Economist, Payment System Studies Section Division of Reserve Bank Operations and Payment Systems Board of Governors of the Federal Reserve System Jack K. Walton II Associate Director Division of Reserve Bank Operations and Payment Systems Board of Governors of the Federa Wed, 23 Jan 2008 13:12:44 GMT http://www.scribd.com/doc/1400985/US-Federal-Reserve-2007-payments-study http://www.scribd.com/doc/1400975/US-Federal-Reserve-erq204-schmukler Financial Globalization: Gain and Pain for Developing Countries SERGIO L. SCHMUKLER The author is a senior economist in the development research group of the World Bank. This paper was presented at the conference “Rethinking Structural Reform in Latin America,” cosponsored by the Federal Reserve Bank of Atlanta and the InterAmerican Development Bank. The author thanks David Dollar, Chang-Tai Hsieh, and Rick Mishkin, among others, for helpful comments and Juan Carlos Gozzi Valdez and Marina Halac for excellent research assistance. He also thanks Pablo Zoido-Lobaton for use of some of the ma Wed, 23 Jan 2008 13:12:40 GMT http://www.scribd.com/doc/1400975/US-Federal-Reserve-erq204-schmukler http://www.scribd.com/doc/1400972/US-Federal-Reserve-fincen-amex UNITED STATES OF AMERICA DEPARTMENT OF THE TREASURY FINANCIAL CRIMES ENFORCEMENT NETWORK IN THE MATTER OF: AMERICAN EXPRESS BANK INTERNATIONAL MIAMI, FLORIDA AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. SAL T LAKE CITY, UTAH ) ) ) ) ) ) ) ) ) ) ) Number 2007- 1 ASSESSMENT OF CIVIL MONEY PENALTY I. INTRODUCTION Under the authority of the Bank Secrecy Act and regulations issued pursuant to that Act,! the Financial Crimes Enforcement Network has determined that grounds exist to assess a civil money penalty against American Express Bank International, Miami, Florida, ("the Bank") Wed, 23 Jan 2008 13:12:38 GMT http://www.scribd.com/doc/1400972/US-Federal-Reserve-fincen-amex http://www.scribd.com/doc/1400969/US-Federal-Reserve-katrina-lessons LESSONS LEARNED FROM HURRICANE KATRINA: Preparing Your Institution for a Catastrophic Event MS TX LA AL GA FL *Mt. St. Helens Oklahoma City, OK - 1998 San Francisco, CA - 1989 Hurricane Katrina - 2005 LESSONS LEARNED FROM HURRICANE KATRINA: Preparing Your Institution for a Catastrophic Event The Federal Financial Institutions Examination Council (FFIEC) member agencies (regulatory agencies)1 and the Conference of State Bank Supervisors are relaying comments made by financial institutions regarding lessons they learned from the effects of Hurricane Katrina. Financial institutions have Wed, 23 Jan 2008 13:12:34 GMT http://www.scribd.com/doc/1400969/US-Federal-Reserve-katrina-lessons http://www.scribd.com/doc/1400967/US-Federal-Reserve-2004guide EDITION EFFECTIVE JANUARY 1, 2004 (For HMDA Submissions due March 1, 2005) HMDA Reporting Getting It Right! Federal Financial Institutions Examination Council A GUIDE TO LOAN/APPLICATION REGISTER Name of Reporting Institution Page of City, State, ZIP All columns (except Reasons for Denial) must be completed for each entry. See t Application or Loan Information Application or Loan Number Date Application Received (mm/dd/ccyy) Example of Loan Originated Following Preapproval LB-687439 Example of Preapproval Request Denied 5678904321-1234098765 Example of Application Denied 0123456789-98 Wed, 23 Jan 2008 13:12:33 GMT http://www.scribd.com/doc/1400967/US-Federal-Reserve-2004guide http://www.scribd.com/doc/1400966/US-Federal-Reserve-fairlend ___________________________________________________________________ Office of the Comptroller of the Currency Federal Deposit Insurance Corporation Federal Reserve Board Office of Thrift Supervision National Credit Union Administration ___________________________________________________________________ INTERAGENCY FAIR LENDING EXAMINATION PROCEDURES *CONTENTS INTRODUCTION PART I B EXAMINATION SCOPE GUIDELINES Background Step One B Overview Step Two B Identify Compliance Program Discrimination Risk Factors B Initial Review of Residential Lending Products Step Three Step Four B Identify Resid Wed, 23 Jan 2008 13:12:31 GMT http://www.scribd.com/doc/1400966/US-Federal-Reserve-fairlend http://www.scribd.com/doc/1400963/US-Federal-Reserve-psa “ No matter who you are, making informed decisions about what to do with your money will help build a more stable financial future for you and your family.” —Alan Greenspan There’s a Lot to Learn about Money YOU CAN TAKE CHARGE OF YOUR FINANCIAL FUTURE Federal Reserve System *Take Charge It’s possible to meet your financial goals— whether your income is small, medium or large. By looking for good information on managing your finances, along with choosing to budget, save and use credit wisely, you can: ■ Buy a home. ■ Send your child to college. ■ Start a business. ■ Pay o Wed, 23 Jan 2008 13:12:30 GMT http://www.scribd.com/doc/1400963/US-Federal-Reserve-psa http://www.scribd.com/doc/1400960/US-Federal-Reserve-ConsumerHelponline Have a complaint about your bank? Call us. If you have a problem with a bank or other financial institution, contact the Federal Reserve. We can help. We can help you by: • Identifying the appropriate federal banking regulator and referring your complaint to that agency. • Investigating your complaint if it concerns a bank supervised by the Federal Reserve. • Answering your questions about banking practices. • Explaining your rights under federal consumer protection laws. Phone: (888) 851 -1920 TTY: (877) 766-8533 Fax: (877) 888-2520 E-mail: ConsumerHelp@FederalReserve.gov ww Wed, 23 Jan 2008 13:12:28 GMT http://www.scribd.com/doc/1400960/US-Federal-Reserve-ConsumerHelponline http://www.scribd.com/doc/1400957/US-Federal-Reserve-greenspan-letter-2003 BOARD OF GOVERNORS OF THE FEDERAL RESERVER SYSTM WASHINGTON, D> C> 20551 ALAN GREENSPAN CHAIRMAN Dear Business Owner: I am writing to ask for your participation in the Survey of Small Business Finances. As an owner of a small business, you are vital to our nation’s ever-changing economy, and by participating, you can help inform policymakers about small businesses’ access to credit. Information from the survey will help us more fully understand the effects of policy actions on small businesses throughout the United States. The Federal Reserve Board is concerned with the ways in which ec Wed, 23 Jan 2008 13:12:25 GMT http://www.scribd.com/doc/1400957/US-Federal-Reserve-greenspan-letter-2003 http://www.scribd.com/doc/1400955/US-Federal-Reserve-orderform To order Guide to the Flow of Funds Accounts, please mail or fax the following form Please print or type Name ___________________________________________________________________ Organization _____________________________________________________________ Address _________________________________________________________________ _________________________________________________________________ Telephone number ________________________________________________________ Number of copies ___________ @ $20.00 Total $ ________________________ Mail orders (check or credit card) Make check payable to B Wed, 23 Jan 2008 13:12:24 GMT http://www.scribd.com/doc/1400955/US-Federal-Reserve-orderform http://www.scribd.com/doc/1400954/US-Federal-Reserve-fofguide 68 Guide to the Flow of Funds Accounts, Volume 2 Table F.1 Total Net Borrowing and Lending in Credit Markets Credit markets are organized or informal arrangements that enable the transfer of funds between suppliers and acquirers of funds. This table shows the credit market borrowing and lending of the sectors in the flow of funds accounts that participate in these markets. Credit market borrowing or lending is defined here as the transfer of funds through certain financial instruments: open market paper, Treasury and agency securities, municipal securities, corporate and foreign bonds, ba Wed, 23 Jan 2008 13:12:22 GMT http://www.scribd.com/doc/1400954/US-Federal-Reserve-fofguide http://www.scribd.com/doc/1400952/US-Federal-Reserve-z1r6 108 Z.1, December 6, 2007 F.100.a Nonprofit Organizations (1) Billions of dollars 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Net financial investment Net acquisition of financial assets Checkable deposits and currency Time and savings deposits Money market fund shares Security RPs (2) Credit market instruments Open market paper Treasury securities Agency- and GSE-backed securities Municipal securities Corporate and foreign bonds Mortgages Corporate equities Mutual fund shares Security credit Trade Wed, 23 Jan 2008 13:12:21 GMT http://www.scribd.com/doc/1400952/US-Federal-Reserve-z1r6 http://www.scribd.com/doc/1400951/US-Federal-Reserve-z1r5 102 Z.1, December 6, 2007 B.100 Balance Sheet of Households and Nonprofit Organizations (1) Billions of dollars; amounts outstanding end of period, not seasonally adjusted 2002 2003 2004 2005 Q1 Q2 2006 Q3 Q4 Q1 2007 Q2 Q3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 Assets Tangible assets Real estate Households (2,3) Nonprofit organizations Equipment and software owned by nonprofit organizations (4) Consumer durable goods (4) Financial assets Deposits Foreign deposits Checkable deposits and currency Time and savings dep Wed, 23 Jan 2008 13:12:20 GMT http://www.scribd.com/doc/1400951/US-Federal-Reserve-z1r5 http://www.scribd.com/doc/1400948/US-Federal-Reserve-z1r4 58 Z.1, December 6, 2007 L.1 Credit Market Debt Outstanding (1) Billions of dollars; amounts outstanding end of period, not seasonally adjusted 2002 2003 2004 2005 Q1 Q2 2006 Q3 Q4 Q1 2007 Q2 Q3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Total credit market debt owed by: Domestic nonfinancial sectors Household sector Nonfinancial corporate business Nonfarm noncorporate business Farm business State and local governments Federal government Rest of the world Financial sector Wed, 23 Jan 2008 13:12:19 GMT http://www.scribd.com/doc/1400948/US-Federal-Reserve-z1r4 http://www.scribd.com/doc/1400946/US-Federal-Reserve-z1r3 Z.1, December 6, 2007 9 F.1 Total Net Borrowing and Lending in Credit Markets (1) Billions of dollars; quarterly figures are seasonally adjusted annual rates 2003 2004 2005 2006 Q1 Q2 2006 Q3 Q4 Q1 2007 Q2 Q3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Total net borrowing Domestic nonfinancial sectors Household sector Nonfinancial corporate business Nonfarm noncorporate business Farm business State and local governments Federal government Rest of the world Financial sector Wed, 23 Jan 2008 13:12:18 GMT http://www.scribd.com/doc/1400946/US-Federal-Reserve-z1r3 http://www.scribd.com/doc/1400941/US-Federal-Reserve-z1r1 For use at 12:00 p.m., eastern time Thursday December 6, 2007 FEDERAL RESERVE statistical release Z.1 Flow of Funds Accounts of the United States Flows and Outstandings Third Quarter 2007 Board of Governors of the Federal Reserve System, Washington DC 20551 *Flow of Funds Summary Statistics Third Quarter 2007 C Debt of the domestic nonfinancial sectors is estimated to have expanded at a seasonally adjusted annual rate of 9 percent in the third quarter of 2007, 1-3/4 percentage points faster than in the previous quarter. The acceleration in the third quarter was in the federal government a Wed, 23 Jan 2008 13:12:16 GMT http://www.scribd.com/doc/1400941/US-Federal-Reserve-z1r1 http://www.scribd.com/doc/1400942/US-Federal-Reserve-z1r2 6 Z.1, December 6, 2007 D.1 Debt Growth by Sector 1 In percent; quarterly figures are seasonally adjusted annual rates Domestic nonfinancial sectors Households Home mortgage Business Consumer credit Total Corporate State and local governments Domestic financial sectors Total Total Federal government Foreign 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 9.2 9.3 10.8 12.8 13.8 12.2 9.5 10.4 10.1 12.0 14.8 15.6 11.9 9.0 9.0 7.2 6.5 4.3 4.5 4.8 4.6 5.3 5.2 5.3 6.8 6.4 4.9 Wed, 23 Jan 2008 13:12:16 GMT http://www.scribd.com/doc/1400942/US-Federal-Reserve-z1r2 http://www.scribd.com/doc/1400937/US-Federal-Reserve-z1 For use at 12:00 p.m., eastern time Thursday December 6, 2007 FEDERAL RESERVE statistical release Z.1 Flow of Funds Accounts of the United States Flows and Outstandings Third Quarter 2007 Board of Governors of the Federal Reserve System, Washington DC 20551 *Flow of Funds Summary Statistics Third Quarter 2007 C Debt of the domestic nonfinancial sectors is estimated to have expanded at a seasonally adjusted annual rate of 9 percent in the third quarter of 2007, 1-3/4 percentage points faster than in the previous quarter. The acceleration in the third quarter was in the federal government a Wed, 23 Jan 2008 13:12:15 GMT http://www.scribd.com/doc/1400937/US-Federal-Reserve-z1 http://www.scribd.com/doc/1400936/US-Federal-Reserve-a19952006 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1995-2006 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:12:14 GMT http://www.scribd.com/doc/1400936/US-Federal-Reserve-a19952006 http://www.scribd.com/doc/1400932/US-Federal-Reserve-a19851994 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1985-1994 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:12:12 GMT http://www.scribd.com/doc/1400932/US-Federal-Reserve-a19851994 http://www.scribd.com/doc/1400928/US-Federal-Reserve-a19751984 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1975-1984 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:12:10 GMT http://www.scribd.com/doc/1400928/US-Federal-Reserve-a19751984 http://www.scribd.com/doc/1400926/US-Federal-Reserve-a19651974 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1965-1974 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:12:09 GMT http://www.scribd.com/doc/1400926/US-Federal-Reserve-a19651974 http://www.scribd.com/doc/1400923/US-Federal-Reserve-a19551964 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1955-1964 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:12:08 GMT http://www.scribd.com/doc/1400923/US-Federal-Reserve-a19551964 http://www.scribd.com/doc/1400922/US-Federal-Reserve-a19451954 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1945-1954 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:12:07 GMT http://www.scribd.com/doc/1400922/US-Federal-Reserve-a19451954 http://www.scribd.com/doc/1400919/US-Federal-Reserve-coded December 6, 2007 Flow of Funds Accounts of the United States Coded Tables for the Z.1 release Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Debt Growth by Sector Borrowing by Sector Debt Outstanding by Sector Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic P Wed, 23 Jan 2008 13:12:03 GMT http://www.scribd.com/doc/1400919/US-Federal-Reserve-coded http://www.scribd.com/doc/1400918/US-Federal-Reserve-coded6 103 FFA Coded Tables, December 6, 2007 F.100.a Nonprofit Organizations (1) Billions of dollars 1997 1998 1999 2000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 FA165000005 FA164090005 FA163020005 FA163030005 FA163034005 FA162050005 FA164004005 FA163069103 FA163061105 FA163061705 FA163062005 FA163063005 FA163065005 FA163064105 FA163064205 FA163067005 FA163070005 FA163080005 FA163093005 FA164190005 FA164102005 FA153162005 FA163168005 FA163169255 FA153165505 FA153170003 FA163193005 Net financial investment Net acquisition of financial assets Checkable deposits and Wed, 23 Jan 2008 13:12:01 GMT http://www.scribd.com/doc/1400918/US-Federal-Reserve-coded6 http://www.scribd.com/doc/1400913/US-Federal-Reserve-coded4 53 FFA Coded Tables, December 6, 2007 L.1 Credit Market Debt Outstanding (1) Billions of dollars; amounts outstanding end of period, not seasonally adjusted 2003 2004 2005 2006 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 FL894104005 FL384104005 FL154102005 FL104104005 FL114102005 FL134102005 FL214102005 FL314102005 FL264104005 FL794104005 FL764104005 FL724104005 FL753169600 FL734104005 FL444104005 FL473169203 FL543169203 FL404102005 FL413065005 FL674190005 FL614102005 FL644 Wed, 23 Jan 2008 13:12:00 GMT http://www.scribd.com/doc/1400913/US-Federal-Reserve-coded4 http://www.scribd.com/doc/1400915/US-Federal-Reserve-coded5 97 FFA Coded Tables, December 6, 2007 B.100 Balance Sheet of Households and Nonprofit Organizations (1) Billions of dollars; amounts outstanding end of period, not seasonally adjusted 2003 2004 2005 2006 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 FL152000005 FL152010005 FL155035005 FL155035015 FL165035003 FL165013265 FL155011005 FL154090005 FL154000005 FL153091003 FL153020005 FL153030005 FL153034005 FL154004005 FL163069103 FL153061505 FL313161400 FL153061105 FL153061705 FL153062005 FL153063005 FL153065005 FL153064105 FL Wed, 23 Jan 2008 13:12:00 GMT http://www.scribd.com/doc/1400915/US-Federal-Reserve-coded5 http://www.scribd.com/doc/1400910/US-Federal-Reserve-coded3 FFA Coded Tables, December 6, 2007 4 F.1 Total Net Borrowing and Lending in Credit Markets (1) Billions of dollars; quarterly figures are seasonally adjusted annual rates 2003 2004 2005 2006 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 FA894104005 FA384104005 FA154102005 FA104104005 FA114102005 FA134102005 FA214102005 FA314102005 FA264104005 FA794104005 FA764104005 FA724104005 FA753169600 FA734104005 FA444104005 FA473169203 FA543169203 FA404102005 FA413065005 FA674190005 FA6 Wed, 23 Jan 2008 13:11:59 GMT http://www.scribd.com/doc/1400910/US-Federal-Reserve-coded3 http://www.scribd.com/doc/1400906/US-Federal-Reserve-coded1 December 6, 2007 Flow of Funds Accounts of the United States Coded Tables for the Z.1 release Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Debt Growth by Sector Borrowing by Sector Debt Outstanding by Sector Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic P Wed, 23 Jan 2008 13:11:57 GMT http://www.scribd.com/doc/1400906/US-Federal-Reserve-coded1 http://www.scribd.com/doc/1400909/US-Federal-Reserve-coded2 1 FFA Coded Tables, Z.1, December 6, 2007 D.1 Debt Growth by Sector 1 In percent; quarterly figures are seasonally adjusted annual rates Domestic nonfinancial sectors Households Home mortgage FG153165105 Business Consumer credit FG153166000 Total FG144104005 Corporate FG104104005 State and local governments FG214102005 Domestic financial sectors FG794104005 Total FG384104005 Total FG154102005 Federal government FG314102005 Foreign FG264104005 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2 Wed, 23 Jan 2008 13:11:57 GMT http://www.scribd.com/doc/1400909/US-Federal-Reserve-coded2 http://www.scribd.com/doc/1400904/US-Federal-Reserve-z1r6 108 Z.1, December 6, 2007 F.100.a Nonprofit Organizations (1) Billions of dollars 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Net financial investment Net acquisition of financial assets Checkable deposits and currency Time and savings deposits Money market fund shares Security RPs (2) Credit market instruments Open market paper Treasury securities Agency- and GSE-backed securities Municipal securities Corporate and foreign bonds Mortgages Corporate equities Mutual fund shares Security credit Trade Wed, 23 Jan 2008 13:11:56 GMT http://www.scribd.com/doc/1400904/US-Federal-Reserve-z1r6 http://www.scribd.com/doc/1400902/US-Federal-Reserve-z1r5 102 Z.1, December 6, 2007 B.100 Balance Sheet of Households and Nonprofit Organizations (1) Billions of dollars; amounts outstanding end of period, not seasonally adjusted 2002 2003 2004 2005 Q1 Q2 2006 Q3 Q4 Q1 2007 Q2 Q3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 Assets Tangible assets Real estate Households (2,3) Nonprofit organizations Equipment and software owned by nonprofit organizations (4) Consumer durable goods (4) Financial assets Deposits Foreign deposits Checkable deposits and currency Time and savings dep Wed, 23 Jan 2008 13:11:55 GMT http://www.scribd.com/doc/1400902/US-Federal-Reserve-z1r5 http://www.scribd.com/doc/1400900/US-Federal-Reserve-z1r4 58 Z.1, December 6, 2007 L.1 Credit Market Debt Outstanding (1) Billions of dollars; amounts outstanding end of period, not seasonally adjusted 2002 2003 2004 2005 Q1 Q2 2006 Q3 Q4 Q1 2007 Q2 Q3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Total credit market debt owed by: Domestic nonfinancial sectors Household sector Nonfinancial corporate business Nonfarm noncorporate business Farm business State and local governments Federal government Rest of the world Financial sector Wed, 23 Jan 2008 13:11:54 GMT http://www.scribd.com/doc/1400900/US-Federal-Reserve-z1r4 http://www.scribd.com/doc/1400898/US-Federal-Reserve-z1r3 Z.1, December 6, 2007 9 F.1 Total Net Borrowing and Lending in Credit Markets (1) Billions of dollars; quarterly figures are seasonally adjusted annual rates 2003 2004 2005 2006 Q1 Q2 2006 Q3 Q4 Q1 2007 Q2 Q3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Total net borrowing Domestic nonfinancial sectors Household sector Nonfinancial corporate business Nonfarm noncorporate business Farm business State and local governments Federal government Rest of the world Financial sector Wed, 23 Jan 2008 13:11:52 GMT http://www.scribd.com/doc/1400898/US-Federal-Reserve-z1r3 http://www.scribd.com/doc/1400895/US-Federal-Reserve-z1r2 6 Z.1, December 6, 2007 D.1 Debt Growth by Sector 1 In percent; quarterly figures are seasonally adjusted annual rates Domestic nonfinancial sectors Households Home mortgage Business Consumer credit Total Corporate State and local governments Domestic financial sectors Total Total Federal government Foreign 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 9.2 9.3 10.8 12.8 13.8 12.2 9.5 10.4 10.1 12.0 14.8 15.6 11.9 9.0 9.0 7.2 6.5 4.3 4.5 4.8 4.6 5.3 5.2 5.3 6.8 6.4 4.9 Wed, 23 Jan 2008 13:11:51 GMT http://www.scribd.com/doc/1400895/US-Federal-Reserve-z1r2 http://www.scribd.com/doc/1400894/US-Federal-Reserve-z1r1 For use at 12:00 p.m., eastern time Thursday December 6, 2007 FEDERAL RESERVE statistical release Z.1 Flow of Funds Accounts of the United States Flows and Outstandings Third Quarter 2007 Board of Governors of the Federal Reserve System, Washington DC 20551 *Flow of Funds Summary Statistics Third Quarter 2007 C Debt of the domestic nonfinancial sectors is estimated to have expanded at a seasonally adjusted annual rate of 9 percent in the third quarter of 2007, 1-3/4 percentage points faster than in the previous quarter. The acceleration in the third quarter was in the federal government a Wed, 23 Jan 2008 13:11:50 GMT http://www.scribd.com/doc/1400894/US-Federal-Reserve-z1r1 http://www.scribd.com/doc/1400892/US-Federal-Reserve-z1 For use at 12:00 p.m., eastern time Thursday December 6, 2007 FEDERAL RESERVE statistical release Z.1 Flow of Funds Accounts of the United States Flows and Outstandings Third Quarter 2007 Board of Governors of the Federal Reserve System, Washington DC 20551 *Flow of Funds Summary Statistics Third Quarter 2007 C Debt of the domestic nonfinancial sectors is estimated to have expanded at a seasonally adjusted annual rate of 9 percent in the third quarter of 2007, 1-3/4 percentage points faster than in the previous quarter. The acceleration in the third quarter was in the federal government a Wed, 23 Jan 2008 13:11:49 GMT http://www.scribd.com/doc/1400892/US-Federal-Reserve-z1 http://www.scribd.com/doc/1400889/US-Federal-Reserve-a19952006 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1995-2006 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:11:47 GMT http://www.scribd.com/doc/1400889/US-Federal-Reserve-a19952006 http://www.scribd.com/doc/1400886/US-Federal-Reserve-a19851994 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1985-1994 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:11:46 GMT http://www.scribd.com/doc/1400886/US-Federal-Reserve-a19851994 http://www.scribd.com/doc/1400883/US-Federal-Reserve-a19751984 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1975-1984 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:11:44 GMT http://www.scribd.com/doc/1400883/US-Federal-Reserve-a19751984 http://www.scribd.com/doc/1400881/US-Federal-Reserve-a19651974 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1965-1974 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:11:43 GMT http://www.scribd.com/doc/1400881/US-Federal-Reserve-a19651974 http://www.scribd.com/doc/1400880/US-Federal-Reserve-a19551964 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1955-1964 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:11:42 GMT http://www.scribd.com/doc/1400880/US-Federal-Reserve-a19551964 http://www.scribd.com/doc/1400877/US-Federal-Reserve-a19451954 December 6, 2007 Flow of Funds Accounts of the United States Annual Flows and Outstandings 1945-1954 Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic Product Distribution of National Income Saving and Investment Wed, 23 Jan 2008 13:11:40 GMT http://www.scribd.com/doc/1400877/US-Federal-Reserve-a19451954 http://www.scribd.com/doc/1400871/US-Federal-Reserve-coded December 6, 2007 Flow of Funds Accounts of the United States Coded Tables for the Z.1 release Board of Governors of the Federal Reserve System, Washington D.C. 20551 *Table of Contents Title Flows Table Page Levels Table Page Summaries Debt Growth by Sector Borrowing by Sector Debt Outstanding by Sector Total Net Borrowing and Lending in Credit Markets Credit Market Borrowing by Nonfinancial Sectors Credit Market Borrowing by Financial Sectors Credit Market Borrowing, All Sectors, by Instrument Total Liabilities and Its Relation to Total Financial Assets Distribution of Gross Domestic P Wed, 23 Jan 2008 13:11:36 GMT http://www.scribd.com/doc/1400871/US-Federal-Reserve-coded