Mary Amiti, Matthieu Gomez, Sang Hoon Kong, and David E. Weinstein One key motivation for imposing tariffs on imported goods is to…
ECONOMY
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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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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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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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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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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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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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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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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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Adam Copeland and Sarah Yu Wang A central use of reserves held at Federal Reserve Banks (FRBs) is for the settlement of…
