Economy
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Borrower Expectations for the Return of Student Loan Repayment
Raji Chakrabarti, Daniel Mangrum, Sasha Thomas, and Wilbert van der Klaauw After forty-three months of forbearance, the pause on federal…
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Can China Catch Up with Greece?
Hunter L. Clark and Matthew Higgins China’s leader Xi Jinping recently laid out the goal of reaching the per capita…
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Do Large Firms Generate Positive Productivity Spillovers?
Mary Amiti, Cédric Duprez, Jozef Konings, and John Van Reenen Numerous studies have documented the rising dominance of large firms…
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Does Income Inequality Affect Small Firms?
Donggyu Lee, Thomas Drechsel, and Sebastian Doerr The share of income going to high-income households has increased significantly in the…
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Why Are China’s Households in the Doldrums?
Jeff Dawson A perennial challenge with China’s growth model has been overly high investment spending relative to GDP and unusually…
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The New York Fed DSGE Model Forecast— September 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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How Large Are Inflation Revisions? The Difficulty of Monitoring Prices in Real Time
Richard Audoly, Martín Almuzara, Richard Crump, Davide Melcangi, and Roshie Xing With prices quickly going up after the COVID-19 pandemic,…
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Reintroducing the New York Fed Staff Nowcast
Martin Almuzara, Katie Baker, Hannah O’Keeffe, and Argia Sbordone “Nowcasts” of GDP growth are designed to track the economy in…
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Where Is Inflation Persistence Coming From?
Martin Almuzara, Babur Kocaoglu, and Argia Sbordone Elevated inflation continues to be a top-of-mind preoccupation for households, businesses, and policymakers.…
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Businesses Want Remote Work, Just Not as Much
Jaison R. Abel, Richard Deitz, Dan Garcia, and Ben Hyman The enormous increase in remote work that occurred during the…
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