Comment on Scale Economies, Cost Efficiencies, and Technological Change in Federal Reserve Payments Processing

1996 ◽  
Vol 28 (4) ◽  
pp. 1040
Author(s):  
Robert DeYoung
Keyword(s):  
Technological Change ◽  
Federal Reserve ◽  
Scale Economies ◽  
Cost Efficiencies

scholarly journals Scale Economies, Scope Economies, and Technical Change in Federal Reserve Payment Processing

2002 ◽  
Vol 2002 (57) ◽  
pp. 1-25
Author(s):  
Robert M. Adams ◽  
◽  
Paul W. Bauer ◽  
Robin Sickles
Keyword(s):  
Federal Reserve ◽  
Technical Change ◽  
Scale Economies ◽  
Scope Economies

scholarly journals Capacity Utilization

1997 ◽  
Vol 11 (1) ◽  
pp. 151-167 ◽  
Author(s):  
Carol Corrado ◽  
Joe Mattey
Keyword(s):  
International Trade ◽  
Business Cycle ◽  
Technological Change ◽  
Federal Reserve ◽  
Capacity Utilization ◽  
Price Changes ◽  
Indicator Value ◽  
Business Cycle Fluctuations ◽  
Economic Developments

This article reviews how the Federal Reserve measures capacity utilization and explains why capacity utilization has been, and likely will remain, a useful indicator of inflationary pressures and business cycle fluctuations. The authors also explain why economic developments, such as the pace of technological change, increased international trade, and a shift in the share of the workforce to service-producing industries, have not substantially affected the indicator value of capacity utilization. A microtheoretic description of the concept of capacity utilization is offered. Evidence on the plausibility of microeconomic structural interpretations of the relation between capacity utilization and price changes is reviewed.

scholarly journals Scale Economies, Scope Economies, and Technical Change in Federal Reserve Payment Processing

2004 ◽  
Vol 36 (5) ◽  
pp. 943-958 ◽  
Author(s):  
Robert M., Ph. D. Adams ◽  
Paul W. Bauer ◽  
Robin Sickles
Keyword(s):  
Federal Reserve ◽  
Technical Change ◽  
Scale Economies ◽  
Scope Economies
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