Older workers in states with tougher laws against age discrimination faced longer periods of unemployment after the 2007-2009 recession compared with younger workers, according to a Federal Reserve study.
The Federal Open Market Committees omission of quantitative benchmarks to guide changes in interest rates creates uncertainty about the extent to which the Committee is willing to use monetary stimulus to foster faster growth, Kocherlakota said in a statement.
Wooing this years best graduate students in economics will be familiar faces from Harvard, Princeton and other U.S. universities -- and EBay, Google, Amazon.com and Microsoft.