Cutting interest rates didn’t boost inflation. Will raising them do so, as Irving Fisher suggested in the last century?
Do women make less because they choose jobs with hours that are more irregular than those taken by men?
A review of government spending over 120 years seems to show little, if any, impact on job creation.
George-Levi Gayle, Andrés Hincapié
Are you likely to be in the same income situation as your parents? How about being in the same wealth category? Analyzing such intergenerational mobility can shed light on economic inequality and lead to better policy to deal with this issue.
Smaller banks spend proportionately more on compliance, yet don’t perform better than larger ones, at least in one key metric.
Low inflation and a slowdown in the growth of labor productivity could challenge continuation of expansion.
Nationally, households have substantially decreased their debt since the financial crisis.
Working against Arkansas metro area are income inequality, no airport and Americans’ changing vacation plans.
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Fed in Print: An index of the economic research conducted by the Fed.