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Start Over Topic federal reserve banks Region minnesota
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1. Analysis of Business Cycles Asymmetries: A Minnesota Prior Approach.

Author

Alupoaiei, Alex

Subjects
BUSINESS cycles, FEDERAL Reserve banks, EUROZONE, ECONOMIC convergence, ECONOMETRICS, ESTIMATION theory, VECTOR autoregression model, GIBBS sampling
Abstract

Abstract: In this paper it was studied the cyclical and structural convergence between Romanian and Euro Zone''s economies in a Minnesota Priors framework. For this purpose we called the Bayesian econometrics to estimate a Structural Vector Autoregression model SVAR with Gibbs Sampling. The methodological framework called in this paper is proposed by experts from the Federal Reserve Bank of Minnesota and from here the name of Minnesota Prior where a priori were introduced the hypothesis that endogenous variables follow different forms of a Markov first order autoregressive model, namely a Random Walk or an AR model. Focusing here especially on consumption cycles and using the relations provided by the theory, I was intended in study the asymmetries between supply and demand shocks in the case of Romanian and Euro Area economies. A higher correlation of shocks between the two studied economies indicates a structural similarity. In addition, for this purpose I involved several methods to ensure robustness checks in regard with the correlation of the two types of structural shocks. [Copyright &y& Elsevier]

Published
2012
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2. A Wealth of Notions.

Author

Clement, Douglas

Subjects
FEDERAL Reserve banks, ECONOMISTS, FISCAL policy
Abstract

The article reflects on the Federal Bank of Minneapolis' efforts to develop new notions about old economic problems. He says that research economists at the Minneapolis Fed are developing theories to establish economic certainty. He presents several reports from Minneapolis Fed economists, which discussed various topics, including one nation's adoption of the currency of another, female workforce trends and diminished economic instability in industrialized nations.

Published
2007

3. Economic forecast in Minnesota's northwoods: Sunny with a few clouds.

Author

WIRTZ, RONALD A.

Subjects
ECONOMIC forecasting, ECONOMIC policy, NATURAL resources, FOREST products industry, FEDERAL Reserve banks
Abstract

The article highlights the economic forecast in Minnesota's northwoods. It highlights the description of the growth of the Minneapolis Fed traveled to the northern Minnesota cities of Park Rapids, Bemidji, and Grand Rapids and also highlights decline of unemployment rates since the Great Recession.

Published
2019

4. Jiko acquires bank to deploy money platform.

Subjects
FEDERAL Reserve banks, MONEY, SAVINGS banks, BANKING industry
Abstract

Jiko Group, Inc. has completed its acquisition of Mid-Central National Bank, formerly Mid-Central Federal Savings Bank, headquartered in Wadena, Minnesota The transaction, which was approved by the Office of the Comptroller of the Currency and the Federal Reserve Bank of San Francisco, is a major plus for Jiko. [ABSTRACT FROM AUTHOR]

Published
2020

5. Message from the First Vice President.

Author

Lyon, James M.

Subjects
FEDERAL Reserve banks, CENTRAL banking industry, BANKING industry
Abstract

Details the accomplishments of the U.S. Federal Reserve Bank of Minneapolis in 2003. Factors that continue to reverberate through the Federal Reserve System's operations during 2003; Event reinforced by the passage of the Check Clearing for the 21st Century Act; Requirements facing reserve banks amid the pace of payments system change.

Published
2004

6. Message from the First Vice President.

Author

Lyon, James M.

Subjects
ACHIEVEMENT, FEDERAL Reserve banks, MERGERS & acquisitions, FINANCIAL services industry, FINANCIAL institutions
Abstract

Outlines several accomplishments of the Federal Reserve Bank of Minneapolis in Minnesota in 2004. Financial objectives met by the bank; Responsibilities of the bank on behalf of the Federal Reserve System; Response to the consolidation of the financial services industry and the complexity of financial institutions.

Published
2005