ECONOMY
-
Student Loan Balance and Repayment Trends Since the Pandemic Disruption
Daniel Mangrum and Crystal Wang This month marks five years since the start of the COVID-19 pandemic, after which subsequent…
Read More » -
The Zero Lower Bound Remains a Medium-Term Risk
Sophia Cho, Thomas M. Mertens, and John C. Williams Interest rates have fluctuated significantly over time. After a period of…
Read More » -
How Shadow Banking Reshapes the Optimal Mix of Regulation
Kinda Hachem Decisions that are privately optimal often impose externalities on other agents, giving rise to regulations aimed at implementing…
Read More » -
Who Lends to Households and Firms?
Nina Boyarchenko and Leonardo Elias The financial sector in the U.S. economy is deeply interconnected. In our previous post, we…
Read More » -
The Rise in Deposit Flightiness and Its Implications for Financial Stability
Kristian Blickle, Jian Li, Xu Lu, and Yiming Ma Deposits are often perceived as a stable funding source for banks.…
Read More » -
The Fed’s Treasury Purchase Prices During the Pandemic
Ellen Correia Golay, Maximilian Dunn, Michael J. Fleming, Peter Johansson, Isabel Krogh, Or Shachar, and Joshua Younger In March 2020, the…
Read More » -
Credit Score Impacts from Past Due Student Loan Payments
Daniel Mangrum and Crystal Wang In our companion post, we highlighted how the pandemic and subsequent policy actions disrupted trends…
Read More » -
New Dataset Maps Losses from Natural Disasters to the County Level
Matteo Crosignani and Martin Hiti The Federal Reserve’s mission and regional structure ask that it always work to better understand…
Read More » -
Financial Intermediaries and the Changing Risk Sensitivity of Global Liquidity Flows
Stefan Avdjiev and Linda S. Goldberg Global risk conditions, along with monetary policy in major advanced economies, have historically been…
Read More » -
Reserves and Where to Find Them
Gara Afonso, Marco Cipriani, JC Martinez, and Matthew Plosser Banks use central bank reserves for a multitude of purposes including…
Read More »