Economy

Will Aarons and Asani Sarkar The New York Fed’s Economic Heterogeneity Indicators (EHIs) aim to study macroeconomic outcomes experienced by various groups of people and…

Simone Lenzu The relationship between inflation and real economic activity has long been central to debates in macroeconomics and monetary…

Simone Lenzu Inflation does not always respond to cost and demand pressures in the same way. When shocks are small,…

Danial Lashkari It is common for price measures to consider changes in quality. That is, a price index might fall…

Rajashri Chakrabarti, Thu Pham, Beck Pierce, and Maxim L. Pinkovskiy Among people in prime working age (25-54), around 7 percent…

Rajashri Chakrabarti, Thu Pham, Beck Pierce, and Maxim L. Pinkovskiy In our previous post we learned that, in general, people…

Pierre Coster, Julian di Giovanni, and Isabelle Mejean Several countries have implemented a carbon tax or cap-and-trade system to establish…

Pierre Coster, Julian di Giovanni, and Isabelle Mejean The European Union has been an early adopter of carbon policies, with…

Sebastian Heise, Jeremy Pearce, and Jacob P. Weber Good measures of labor market tightness are essential to predict wage inflation…

Ufuk Akcigit, Harun Alp, Jeremy Pearce, and Marta Prato Why do some entrepreneurs drive economic growth while others do not?…