Economy
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Learning by Bouncing: Overdraft Experience and Salience
Donald P. Morgan and Wilbert van der Klaauw Overdraft credit, when banks and credit unions allow customers to spend more…
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What Happens to U.S. Activity and Inflation if China’s Property Sector Leads to a Crisis?
Ozge Akinci, Hunter Clark, Jeff Dawson, Matthew Higgins, Silvia Miranda-Agrippino, Ethan Nourbash, and Ramya Nallamotu A previous post explored the…
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Will the Moderation in Wage Growth Continue?
Martin Almuzara, Richard Audoly, Augustin Belin, and Davide Melcangi Wage growth has moderated notably following its post-pandemic surge, but it…
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Stablecoins and Crypto Shocks – Liberty Street Economics
Kenechukwu Anadu, Pablo D. Azar, Marco Cipriani, Thomas Eisenbach, Catherine Huang, Mattia Landoni, Gabriele La Spada, Marco Macchiavelli, Antoine Malfroy-Camine,…
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Expectations and the Final Mile of Disinflation
Richard K. Crump, Stefano Eusepi, and Ayşegül Şahin In the aftermath of the COVID-19 pandemic, the U.S. economy experienced a…
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Businesses See Inflationary Pressures Moderating
Jaison R. Abel and Richard Deitz Shortly after the recovery from the pandemic recession began, the U.S. economy entered a…
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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 Perspective on the Lagged Effect of Monetary Policy
Richard Crump, Marco Del Negro, Keshav Dogra, Pranay Gundam, Donggyu Lee, Ramya Nallamotu, and Brian Pacula This post uses the…
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Flood-Prone Basement Housing in New York City and the Impact on Low- and Moderate-Income Renters
Claire Kramer Mills, Ambika Nair, and Julian di Giovanni Hurricane Ida, which struck New York in early September 2021, exposed…
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Potential Flood Map Inaccuracies in the Fed’s Second District
Kristian Blickle, Katherine Engelman, Theo Linnemann, and João A.C. Santos The National Flood Insurance Program (NFIP) flood maps, which designate…
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