bigData_960

In the business trend called big data, technology is used to mine massive amounts of information to boost sales and profit. Businesses now use sophisticated software to comb through emails, Twitter and Facebook posts, and even smartphone signals to target customers or roll out new products. But while it’s revolutionizing the business world, could big data also be used for taking on poverty and other social challenges?

Features

Economic Letter

Higher Education, Wages, and Polarization

Posted January 12, 2015

The earnings gap between people with a college degree and those with no education beyond high school has been growing since the late 1970s. Since 2000, however, the gap has grown more for those who have earned a post-graduate degree as well. This may be one manifestation of labor market polarization, which benefits the highest and the lowest wage earners.

FedViews

FedViews: January 8, 2014

Posted January 12, 2015

Mark Spiegel, vice president at the Federal Reserve Bank of San Francisco, states his views on the current economy and the outlook.

Inflation Targeting and the Global Financial Crisis:  Successes and Challenges

Inflation Targeting and the Global Financial Crisis: Successes and Challenges

Posted October 31, 2014

Essay presentation to the South African Reserve Bank Conference on Fourteen Years of Inflation Targeting in South Africa and the Challenge of a Changing Mandate
Pretoria, South Africa

FOMC Statement

Posted December 17, 2014

Federal Reserve issues FOMC statement

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