ECONOMY
-
Seeing Through the Shutdown’s Missing Inflation Data
Martin Almuzara and Geert Mesters Data releases for inflation have been scarce over the past four months due to the…
Read More » -
Where Are Mortgage Delinquencies Rising the Most?
Andrew F. Haughwout, Donghoon Lee, Daniel Mangrum, Joelle W. Scally, and Wilbert van der Klaauw The Federal Reserve Bank of…
Read More » -
Who Is Paying for the 2025 U.S. Tariffs?
Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein Over the course of 2025, the average tariff rate on…
Read More » -
Anatomy (not Autopsy) of the Phillips Curve
Simone Lenzu The relationship between inflation and real economic activity has long been central to debates in macroeconomics and monetary…
Read More » -
Does the Phillips Curve Steepen When Costs Surge?
Simone Lenzu Inflation does not always respond to cost and demand pressures in the same way. When shocks are small,…
Read More » -
New York Fed EHIs Reveal Small Business Struggles
Will Aarons and Asani Sarkar The New York Fed’s Economic Heterogeneity Indicators (EHIs) aim to study macroeconomic outcomes experienced by various groups of people and…
Read More » -
Designing Bank Regulation with Accounting Discretion
Kinda Hachem Why does the banking industry remain prone to large and costly disruptions despite being so heavily regulated? Is…
Read More » -
A New Public Data Source: Call Reports from 1959 to 2025
Sergio Correia, Tiffany Fermin, Stephan Luck, and Emil Verner Call Reports are regulatory filings in which commercial banks report their…
Read More » -
Which Entrepreneurs Boost Productivity? – Liberty Street Economics
Ufuk Akcigit, Harun Alp, Jeremy Pearce, and Marta Prato Why do some entrepreneurs drive economic growth while others do not?…
Read More » -
What Can Undermine a Carbon Tax?
Pierre Coster, Julian di Giovanni, and Isabelle Mejean Several countries have implemented a carbon tax or cap-and-trade system to establish…
Read More »