Economy
-
Credit Score Impacts from Past Due Student Loan Payments
Daniel Mangrum and Crystal Wang In our companion post, we highlighted how the pandemic and subsequent policy actions disrupted trends…
Read More » -
Comparing Apples to Apples: “Synthetic Real‑Time” Estimates of R‑Star
Sophia Cho and John C. Williams Estimates of the natural rate of interest, commonly called “r-star,” garner a great deal…
Read More » -
When the Household Pie Shrinks, Who Gets Their Slice?
Jacob Conway, Natalia Fischl-Lanzoni, and Matthew Plosser When households face budgetary constraints, they may encounter bills and debts that they…
Read More » -
Firms’ Inflation Expectations Have Picked Up
Jaison R. Abel, Richard Deitz, and Ben Hyman Editors note: Since this post was published, we clarified language in the…
Read More » -
U.S. Imports from China Have Fallen by Less Than U.S. Data Indicate
Hunter L. Clark With new tariffs on China back in the headlines, this post seeks to offer some perspective on…
Read More » -
How Censorship Resistant Are Decentralized Systems?
Jon Durfee and Michael Lee Public permissionless blockchains are designed to be censorship resistant, meaning access to the blockchain is…
Read More » -
Why Do Banks Fail? The Predictability of Bank Failures
Sergio Correia, Stephan Luck, and Emil Verner Can bank failures be predicted before they happen? In a previous post, we…
Read More » -
Are First-Time Home Buyers Facing Desperate Times?
Donghoon Lee and Joseph Tracy Based on recent proposals and policy dialogue, it would appear that first-time home buyers (FTB)…
Read More » -
Anatomy of the Bank Runs in March 2023
Marco Cipriani, Thomas Eisenbach, and Anna Kovner Runs have plagued the banking system for centuries and returned to prominence with…
Read More » -
Discount Window Stigma After the Global Financial Crisis
Olivier Armantier, Marco Cipriani, and Asani Sarkar The rapidity of deposit outflows during the March 2023 banking run highlights the…
Read More »