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ECONOMY

  • ECONOMY

    Do Import Tariffs Protect U.S. Firms?

    by MISSISSIPPI DIGITAL MAGAZINE December 7, 2024
    by MISSISSIPPI DIGITAL MAGAZINE December 7, 2024

    Mary Amiti, Matthieu Gomez, Sang Hoon Kong, and David E. Weinstein One key motivation for imposing tariffs on imported goods is to…

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  • ECONOMY

    Using Stock Returns to Assess the Aggregate Effect of the U.S.-China Trade War

    by MISSISSIPPI DIGITAL MAGAZINE December 5, 2024
    by MISSISSIPPI DIGITAL MAGAZINE December 5, 2024

    Mary Amiti, Matthieu Gomez, Sang Hoon Kong, and David E. Weinstein During 2018-19, the U.S. levied import tariffs of 10 to 50…

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  • ECONOMY

    Why Do Banks Fail? Bank Runs Versus Solvency

    by MISSISSIPPI DIGITAL MAGAZINE November 27, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 27, 2024

    Sergio Correia, Stephan Luck, and Emil Verner Evidence from a 160-year-long panel of U.S. banks suggests that the ultimate cause of bank…

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  • ECONOMY

    Why Do Banks Fail? Three Facts About Failing Banks

    by MISSISSIPPI DIGITAL MAGAZINE November 25, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 25, 2024

    Sergio Correia, Stephan Luck, and Emil Verner Why do banks fail? In a new working paper, we study more than 5,000 bank…

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  • ECONOMY

    Why Do Banks Fail? The Predictability of Bank Failures

    by MISSISSIPPI DIGITAL MAGAZINE November 22, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 22, 2024

    Sergio Correia, Stephan Luck, and Emil Verner Can bank failures be predicted before they happen? In a previous post, we established three…

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  • ECONOMY

    Income Growth Outpaces Household Borrowing 

    by MISSISSIPPI DIGITAL MAGAZINE November 20, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 20, 2024

    Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw U.S. household debt balances grew by $147 billion (0.8…

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  • ECONOMY

    To Whom It May Concern: Demographic Differences in Letters of Recommendation

    by MISSISSIPPI DIGITAL MAGAZINE November 17, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 17, 2024

    Beverly Hirtle and Anna Kovner Letters of recommendation from faculty advisors play a critical role in the job market for Ph.D. economists.…

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  • ECONOMY

    Why Investment-Led Growth Lowers Chinese Living Standards

    by MISSISSIPPI DIGITAL MAGAZINE November 15, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 15, 2024

    Matthew Higgins Rapid GDP growth, due in part to high rates of investment and capital accumulation, has raised China out of poverty…

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  • ECONOMY

    Banking System Vulnerability: 2024 Update

    by MISSISSIPPI DIGITAL MAGAZINE November 12, 2024
    by MISSISSIPPI DIGITAL MAGAZINE November 12, 2024

    Matteo Crosignani, Thomas Eisenbach, and Fulvia Fringuellotti After a period of relative stability, a series of bank failures in 2023 renewed questions…

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  • ECONOMY

    The Dueling Intraday Demands on Reserves

    by MISSISSIPPI DIGITAL MAGAZINE October 23, 2024
    by MISSISSIPPI DIGITAL MAGAZINE October 23, 2024

    Adam Copeland and Sarah Yu Wang A central use of reserves held at Federal Reserve Banks (FRBs) is for the settlement of…

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