Forefront Archives
Vol. 3, No. 1
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Winter 2012
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Download the full print version.
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President’s Message
- Sandra Pianalto
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The more Americans understand and anticipate how the Federal Reserve operates, the more effective our policies can be.
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- See more about President's Message
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Bank Capital Requirements
- Mark S Sniderman
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A trio of academics discuss some of the common misunderstandings about and underlying benefits of strong bank capital buffers.
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Public Pensions Under Stress
- John B Carlson
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As some state and local governments struggle to meet their obligations to retirees, we look into how stress on pension funds and municipal finance could have implications for the wider economy.
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Monitoring the Risks of State and Local Government Finance
- Jean Burson
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Just how much should most Americans worry that some state and local governments could go into default? Not as much as you might think.
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Navigating the Legal Landscape for Public Pension Reform: Travel at Your Own Risk
- Moira Kearney-Marks
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Can the law help fill gaps in public pension funding?
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New Consumer Watchdog Stands Guard
- Doug Campbell
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Leonard Chanin, the associate director of regulations at the Consumer Financial Protection Bureau, takes questions about the new agency’s approach to community bank regulation.
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The Economics of Taxation
- Daniel R Carroll
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An economist ponders the tradeoffs in tax system design.
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Meeting the Demand for Cash
- Daniel A Littman and Nelson Oliver
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The infrastructure of an evolving process.
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Three Reasons Why Converting Vacant Homes to Rentals Will Be a Challenge in Some Places...and Three Ways It Can Succeed
- Thomas J Fitzpatrick
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When a lender takes ownership of foreclosed property, it gets a new name—real estate owned—and goes back into the hands of the lender. And for scores of lenders and neighborhoods, that’s a problem.
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Closing the Region’s Education Gaps
- April McClellan-Copeland
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Community colleges are doing more than ever to identify the types of workers that businesses need and to train students for them.
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Book Review: And the Money Kept Rolling In (and Out): Wall Street, the IMF, and the Bankrupting of Argentina
- Daniel A Littman
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A past sovereign-debt crisis holds lessons for the present.
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Interview with Sandra Pianalto
- Mark S Sniderman
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Federal Reserve Bank of Cleveland President and CEO opens up on her policy views, economic outlook, and the differences between Greenspan’s Fed and Bernanke’s.
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