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ECONOMY

  • 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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  • ECONOMY

    The Anatomy of Labor Demand Pre- and Post-COVID

    by MISSISSIPPI DIGITAL MAGAZINE August 9, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 9, 2024

    Richard Audoly, Miles Guerin, Giorgio Topa, and Roshie Xing Has labor demand changed since the COVID-19 pandemic? In this post, we leverage…

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  • ECONOMY

    Mortgage Lock-In Spurs Recent HELOC Demand

    by MISSISSIPPI DIGITAL MAGAZINE August 6, 2024
    by MISSISSIPPI DIGITAL MAGAZINE August 6, 2024

    Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle W. Scally, and Wilbert van der Klaauw Mortgage balances, the largest component of U.S. household…

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  • ECONOMY

    What Was Up with Grocery Prices?

    by MISSISSIPPI DIGITAL MAGAZINE July 20, 2024
    by MISSISSIPPI DIGITAL MAGAZINE July 20, 2024

    Thomas Klitgaard The consumer price index for groceries has risen more than the overall price index since the start of the pandemic,…

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  • ECONOMY

    Wage Insurance: A Potential Policy for Displaced Workers

    by MISSISSIPPI DIGITAL MAGAZINE July 17, 2024
    by MISSISSIPPI DIGITAL MAGAZINE July 17, 2024

    Ben Hyman, Brian Kovak, and Adam Leive  Despite the existing safety net, worker displacement continues to have severe consequences that motivate the…

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