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Category:

ECONOMY

  • 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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  • ECONOMY

    Tracking Reserve Ampleness in Real Time Using Reserve Demand Elasticity

    by MISSISSIPPI DIGITAL MAGAZINE October 18, 2024
    by MISSISSIPPI DIGITAL MAGAZINE October 18, 2024

    Gara Afonso, Domenico Giannone, Gabriele La Spada, and John C. Williams As central banks shrink their balance sheets to restore price stability and phase…

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  • ECONOMY

    A New Indicator of Labor Market Tightness for Predicting Wage Inflation

    by MISSISSIPPI DIGITAL MAGAZINE October 13, 2024
    by MISSISSIPPI DIGITAL MAGAZINE October 13, 2024

    Sebastian Heise, Jeremy Pearce, and Jacob P. Weber A key question in economic policy is how labor market tightness affects wage inflation…

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  • ECONOMY

    International Stock Markets’ Reactions to EU Climate Policy Shocks

    by MISSISSIPPI DIGITAL MAGAZINE October 11, 2024
    by MISSISSIPPI DIGITAL MAGAZINE October 11, 2024

    Julian di Giovanni, Galina Hale, Neel Lahiri, and Anirban Sanyal While policies to combat climate change are designed to address a global…

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  • ECONOMY

    What Do Climate Risk Indices Measure?

    by MISSISSIPPI DIGITAL MAGAZINE October 8, 2024
    by MISSISSIPPI DIGITAL MAGAZINE October 8, 2024

    Hyeyoon Jung and Oliver Hannaoui As interest in understanding the economic impacts of climate change grows, the climate economics and finance literature…

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