Bringing Abandoned Property to Life in West Virginia
Release Date: 05/15/2024
The Fed's Inflation Target
Speaking of the Economy
Alexander Wolman discusses the Federal Reserve's establishment of an inflation target in 2012 and how that has fit within the Fed's evolving monetary policy framework. Wolman is vice president for monetary and macroeconomic research at the Richmond Fed. Full transcript and related links:
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Bringing Abandoned Property to Life in West Virginia
Speaking of the Economy
Taylor Bennett and Kim Reed describe how community development organizations in West Virginia use land banks to bring new economic activity to abandoned property. Bennett is executive director of the West Virginia Land Stewardship Corporation and Reed is executive director of the Nitro Land Reuse Authority. Full transcript and related links:
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Measuring Cyber Risks in the Financial Sector
Speaking of the Economy
Daniel Weitzner, an information security expert at MIT, discusses the cyber threats to the financial services industry and the challenges of measuring and modeling those risks. He also shares learnings from a recent conference co-hosted by MIT, the Federal Reserve Bank of Richmond, and the Federal Reserve System Board of Governors. Full transcript and related links:
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Figuring Out Maryland's Out-Migration
Speaking of the Economy
Adam Scavette, a regional economist at the Baltimore branch of the Richmond Fed, and Keith Waters of George Mason University discuss their analysis of migration patterns in Maryland and how they might help explain a significant reduction in the state's workforce since the COVID-19 pandemic. Full transcript and related links:
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Is There a Place for Place-Based Policies?
Speaking of the Economy
Richmond Fed economist Santiago Pinto discusses what economists have learned about policies intended to promote economic development in specific communities. He also outlines the intended and unintended spillover effects beyond the targeted communities. Full transcript and related links:
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Immigration Policy and the Development of the Tech Sector in the U.S. and India
Speaking of the Economy
Richmond Fed economist Nicolas Morales shares his research on immigration policy and how the regulation of the flow of information technology workers from India to the United States during the 1990s benefited both countries' IT sectors. Full transcript and related links:
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Dual Enrollment: An Alternative Path to College For High Schoolers
Speaking of the Economy
Laura Ullrich and Jacob Walker review data they have gathered from the Richmond Fed Survey of Community College Outcomes about high school students who take dual enrollment classes. They also discuss difference in how these classes are funded. Full transcript and related links:
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Does National Market Concentration Equal Local Market Power?
Speaking of the Economy
Richmond Fed economist Nicholas Trachter shares his research on the market concentration and power of firms and whether the increased concentration in national markets has reduced competition in local markets. Full transcript and related links:
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How Inflation Expectations Feed Into Price Setting at Firms
Speaking of the Economy
Felipe Schwartzman and Sonya Waddell discuss their research on the relationship between inflation and firms' expectations for their costs and prices, informed by the responses to special questions added to the Richmond Fed's business surveys since 2021. Full transcript and related links:
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Economics in Action
Speaking of the Economy
Yaa Opoku-Agyeman of the Bureau of Labor Statistics and Rachel Lee of Uber Eats talk about their careers as economists and how they have applied their research and analysis skills to address everyday issues. Full transcript and related links:
info_outlineTaylor Bennett and Kim Reed describe how community development organizations in West Virginia use land banks to bring new economic activity to abandoned property. Bennett is executive director of the West Virginia Land Stewardship Corporation and Reed is executive director of the Nitro Land Reuse Authority.
Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2024/speaking_2024_05_15_land_banks