The Kansas City Fed has released its 1Q09 Economic Review, with articles:
- Has Multi-Market Banking Changed the Response of Small Business Lending to Local Economic Shocks?
- Do U.S. Consumers Really Benefit from Payment Card Rewards?
- Recession Catches Rural America
- Developing a Liquid Market for Inflation-Indexed Government Securities: Lessons from Earlier Experiences by Pu, Shen, whose work on long term relative return of stocks vs. 20-year Treasuries has been previously highlighted on PrefBlog
Again, the Kansas City Fed has copy-protected their PDF … perhaps some kind soul will unlock it for me and send me a copy. One source of liquidity is steady, predictable supply of new issues.