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Economic Synopses is a series of short essays (generally about 1 page) that provide insight and commentary on timely issues in economics, finance, banking, and other areas. These essays are meant to be clear and accessible for the interested, but not necessarily expert, reader.

2009, No. 44: Vacancies and Unemployment (PDF 87k)
Expansions are usually associated with plentiful vacancies and a low number of unemployed workers. During recessions the unemployment pool swells while employers seek to fill fewer job openings.
by Riccardo DiCecio and Charles S. Gascon
posted on 2009-11-12

2009, No. 43: International Trade Integration and Business Cycle Synchronization (PDF 87k)
The changes in international trade and finance are linked to the changes in business cycle correlations.
by Luciana Juvenal
posted on 2009-10-30

2009, No. 42: Home Prices: A Case for Cautious Optimism (PDF 86k)
Many analysts are cautiously optimistic that the house price decline has ended, citing that house prices increased in June and July. There are several reasons for being cautious.
by Rajdeep Sengupta and Yu Man Tam
posted on 2009-10-29

2009, No. 41: Monetary Policy Stance: The View from Consumption Spending (PDF 76k)
We should expect a third business cycle in succession in which the real federal funds rate reaches its trough well after the economy begins to recover.
by William T. Gavin
posted on 2009-10-22

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