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ECONOMY

  • ECONOMY

    The New York Fed DSGE Model Forecast—September 2024

    by MISSISSIPPI DIGITAL MAGAZINE September 21, 2024
    by MISSISSIPPI DIGITAL MAGAZINE September 21, 2024

    Sophia Cho, Marco Del Negro, Ibrahima Diagne, Pranay Gundam, Donggyu Lee, and Brian Pacula  This post presents an update of the economic…

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  • ECONOMY

    Can Professional Forecasters Predict Uncertain Times?

    by MISSISSIPPI DIGITAL MAGAZINE September 8, 2024
    by MISSISSIPPI DIGITAL MAGAZINE September 8, 2024

    Marco Del Negro Economic surveys are very popular these days and for a good reason. They tell us how the folks being…

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  • ECONOMY

    AI and the Labor Market: Will Firms Hire, Fire, or Retrain?

    by MISSISSIPPI DIGITAL MAGAZINE September 6, 2024
    by MISSISSIPPI DIGITAL MAGAZINE September 6, 2024

    Jaison R. Abel, Richard Deitz, Natalia Emanuel, and Benjamin Hyman The rapid rise in Artificial Intelligence (AI) has the potential to dramatically…

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  • ECONOMY

    Are Professional Forecasters Overconfident?  – Liberty Street Economics

    by MISSISSIPPI DIGITAL MAGAZINE September 3, 2024
    by MISSISSIPPI DIGITAL MAGAZINE September 3, 2024

    Marco Del Negro   The post-COVID years have not been kind to professional forecasters, whether from the private sector or policy institutions: their…

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  • ECONOMY

    An Update on the Reservation Wages in the SCE Labor Market Survey

    by MISSISSIPPI DIGITAL MAGAZINE August 24, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 24, 2024

    Gizem Kosar, Davide Melcangi, and Sasha Thomas The Federal Reserve Bank of New York’s July 2024 SCE Labor Market Survey shows a…

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  • ECONOMY

    The Disparate Outcomes of Bank- and Nonbank-Financed Private Credit Expansions

    by MISSISSIPPI DIGITAL MAGAZINE August 21, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 21, 2024

    Nina Boyarchenko and Leonardo Elias Long-run trends in increased access to credit are thought to improve real activity. However, “rapid” credit expansions…

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  • ECONOMY

    Reallocating Liquidity to Resolve a Crisis

    by MISSISSIPPI DIGITAL MAGAZINE August 19, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 19, 2024

    Kinda Hachem Shortly after the collapse of Silicon Valley Bank (SVB) in March 2023, a consortium of eleven large U.S. financial institutions deposited…

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  • ECONOMY

    When Are Central Bank Reserves Ample?  

    by MISSISSIPPI DIGITAL MAGAZINE August 16, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 16, 2024

    Gara Afonso, Domenico Giannone, Gabriele La Spada, and John C. Williams  The Federal Reserve (Fed) implements monetary policy in a regime of…

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  • ECONOMY

    ­­A New Set of Indicators of Reserve Ampleness

    by MISSISSIPPI DIGITAL MAGAZINE August 14, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 14, 2024

    Gara Afonso, Kevin Clark, Brian Gowen, Gabriele La Spada, JC Martinez, Jason Miu, and Will Riordan  The Federal Reserve (Fed) implements monetary…

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  • ECONOMY

    The DeFi Intermediation Chain – Liberty Street Economics

    by MISSISSIPPI DIGITAL MAGAZINE August 11, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 11, 2024

    Pablo D. Azar, Adrian G. Casillas, and Maryam Farboodi Decentralized Finance, or DeFi, is a rapidly growing ecosystem of financial applications built…

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