ECONOMY
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The Power of Proximity: How Working beside Colleagues Affects Training and Productivity
Natalia Emanuel, Emma Harrington, and Amanda Pallais Firms remain divided about the value of the office for “office” workers. Some…
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Measuring Price Inflation and Growth in Economic Well-Being with Income-Dependent Preferences
Danial Lashkari How can we accurately measure changes in living standards over time in the presence of price inflation? In…
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Towards Increasing Complexity: The Evolution of the FX Market
Alain Chaboud, Lisa Chung, Linda S. Goldberg, and Anna Nordstrom The foreign exchange market has evolved extensively over time, undergoing…
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An Overlooked Factor in Banks’ Lending to Minorities
Matteo Crosignani and Hanh Le In the second quarter of 2022, the homeownership rate for white households was 75 percent,…
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FHA First-Time Buyer Homeownership Sustainability: An Update
Donghoon Lee and Joseph Tracy An important part of the mission of the Federal Housing Administration (FHA) is to provide…
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Recent Disparities in Earnings and Employment
Rajashri Chakrabarti, Kasey Chatterji-Len, Dan Garcia, and Maxim Pinkovskiy The New York Fed recently released its latest set of Equitable…
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The New York Fed DSGE Model Forecast—December 2023
Marco Del Negro, Pranay Gundam, Donggyu Lee, Ramya Nallamotu, and Brian Pacula This post presents an update of the economic…
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Hey, Economist! Outgoing Advisor Antoine Martin Reflects on How His New York Fed Perch Has Shaped His Work
An Interview with Antoine Martin Antoine Martin, an economist and financial stability advisor in the New York Fed’s Research and…
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Dropping Like a Stone: ON RRP Take-up in the Second Half of 2023
Gara Afonso, Marco Cipriani, and Gabriele La Spada Take-up at the Overnight Reverse Repo Facility (ON RRP) has halved over…
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Where Is R-Star and the End of the Refi Boom: The Top 5 Posts of 2023
Anna Snider The topics covered on Liberty Street Economics in 2023 hit many themes, reflecting the range of research interests…
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