Michael Fleming, Isabel Krogh, and Claire Nelson A commonly used measure of market liquidity is market depth, which refers to…
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By Rajashri Chakrabarti, Natalia Emanuel, and Ben Lahey Wealth is unevenly distributed across racial and ethnic groups in the United…
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Rajashri Chakrabarti, Natalia Emanuel, and Ben Lahey Editor’s note: Since this post was first published, percentages cited in the first…
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Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, Wilbert van der Klaauw, and Crystal Wang The New York Fed’s Center…
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Natalia Emanuel, Emma Harrington, and Amanda Pallais Firms remain divided about the value of the office for “office” workers. Some…
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Alain Chaboud, Lisa Chung, Linda S. Goldberg, and Anna Nordstrom The foreign exchange market has evolved extensively over time, undergoing…
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Matteo Crosignani and Hanh Le In the second quarter of 2022, the homeownership rate for white households was 75 percent,…
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Economy
Measuring Price Inflation and Growth in Economic Well-Being with Income-Dependent Preferences
Danial Lashkari How can we accurately measure changes in living standards over time in the presence of price inflation? In…
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Gara Afonso, Marco Cipriani, and Gabriele La Spada Take-up at the Overnight Reverse Repo Facility (ON RRP) has halved over…
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Ricardo Correa, Julian di Giovanni, Linda S. Goldberg, and Camelia Minoiu The recent era of global trade expansion is over.…