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From the Editor

From the Editor Business Economics Vol. 46, No. 1 National Association for Business Economics Business Economics (2011) 46, 1–2. This issue contains the top papers of this year’s Edmund A. Mennis Contributed paper competi- doi:10.1057/be.2010.44 tion. The winners this year were Azhar Iqbal and Mark Vitner, who investigate whether deep reces- sions are typically followed by strong recoveries. he financial crisis and the extremely slow After carefully defining what is meant by “deep” Trecovery of the U.S. economy from the reces- and “strong,” they investigate post–WWII reces- sion that the crisis precipitated have caused a sig- sions to see whether there is a general pattern. nificant reevaluation of the U.S. Federal Reserve Second place in the competition is given the Bank’s responsibilities for financial and economic NABE Contributed Paper Award. This year, it stabilization. The first two papers of this issue deal went to Robert P. Yerex, whose paper explores with two of the Fed ventures into new territory. the social, psychological, and institutional factors One area in which the Fed has new responsi- behind U.S. consumers’ heavy indebtedness. He bility and authority is that of being a regulatory also uses the Retail Employment Index and data guardian against systemic financial risk. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

From the Editor

Crow, Robert Thomas
Business Economics , Volume 46 (1): 2 – Jan 1, 2011
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Publisher
Springer Journals
Copyright
2011 National Association for Business Economics
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/be.2010.44
Publisher site
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Abstract

Business Economics Vol. 46, No. 1 National Association for Business Economics Business Economics (2011) 46, 1–2. This issue contains the top papers of this year’s Edmund A. Mennis Contributed paper competi- doi:10.1057/be.2010.44 tion. The winners this year were Azhar Iqbal and Mark Vitner, who investigate whether deep reces- sions are typically followed by strong recoveries. he financial crisis and the extremely slow After carefully defining what is meant by “deep” Trecovery of the U.S. economy from the reces- and “strong,” they investigate post–WWII reces- sion that the crisis precipitated have caused a sig- sions to see whether there is a general pattern. nificant reevaluation of the U.S. Federal Reserve Second place in the competition is given the Bank’s responsibilities for financial and economic NABE Contributed Paper Award. This year, it stabilization. The first two papers of this issue deal went to Robert P. Yerex, whose paper explores with two of the Fed ventures into new territory. the social, psychological, and institutional factors One area in which the Fed has new responsi- behind U.S. consumers’ heavy indebtedness. He bility and authority is that of being a regulatory also uses the Retail Employment Index and data guardian against systemic financial risk.

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Business Economics – Springer Journals

Published: Jan 1, 2011

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