Viral V. Acharya, Nicola Cetorelli, and Bruce Tuckman In our previous post, we documented the significant growth of nonbank financial institutions (NBFIs)…
Category:
ECONOMY
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Viral Acharya, Nicola Cetorelli, and Bruce Tuckman Traditional approaches to financial sector regulation view banks and nonbank financial institutions (NBFIs) as substitutes,…
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Marco Del Negro, Pranay Gundam, Donggyu Lee, Ramya Nallamotu, and Brian Pacula This post presents an update of the economic forecasts generated…
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Jaison R. Abel and Richard Deitz Supply chain disruptions became a major headache for businesses in the aftermath of the pandemic. Indeed,…
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Nina Boyarchenko and Leonardo Elias Firms’ access to credit is a crucial determinant of their investment, employment, and overall growth decisions. While…
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Rajashri Chakrabarti, Dan Garcia, and Maxim Pinkovskiy Veterans constitute a significant segment of the male labor force, and understanding labor market disparities…
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Kasey Chatterji-Len and Anna Kovner Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in…
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Olivier Armantier One of the core responsibilities of central banks is to act as “lender of last resort” to the financial system.…
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Patrick Douglass, Linda S. Goldberg, and Oliver Z. Hannaoui Global central banks and finance ministries held nearly $12 trillion of foreign exchange…
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Ken Armstrong, Asani Sarkar, and Leslie Conner Warren Spot bitcoin exchange-traded products (ETPs) began trading in the U.S. on January 11, 2024. For…