ECONOMY
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The Power of Proximity: How Working beside Colleagues Affects Training and Productivity
Natalia Emanuel, Emma Harrington, and Amanda Pallais Firms remain divided about the value of the office for “office” workers. Some…
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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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Towards Increasing Complexity: The Evolution of the FX Market
Alain Chaboud, Lisa Chung, Linda S. Goldberg, and Anna Nordstrom The foreign exchange market has evolved extensively over time, undergoing…
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An Overlooked Factor in Banks’ Lending to Minorities
Matteo Crosignani and Hanh Le In the second quarter of 2022, the homeownership rate for white households was 75 percent,…
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The Nonbank Shadow of Banks
Nicola Cetorelli and Saketh Prazad Financial and technological innovation and changes in the macroeconomic environment have led to the growth…
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Bond Funds in the Aftermath of SVB’s Collapse
Nicola Cetorelli and Sarah Zebar March 2023 will rightfully be remembered as a period of major turmoil for the U.S.…
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Treasury Bill Supply and ON RRP Investment
Gara Afonso, Marco Cipriani, Catherine Huang, Gabriele La Spada, and Sergio Olivas Take-up at the Federal Reserve’s Overnight Reverse Repo…
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Hey, Economist! Outgoing Advisor Antoine Martin Reflects on How His New York Fed Perch Has Shaped His Work
An Interview with Antoine Martin Antoine Martin, an economist and financial stability advisor in the New York Fed’s Research and…
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Dropping Like a Stone: ON RRP Take-up in the Second Half of 2023
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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Where Is R-Star and the End of the Refi Boom: The Top 5 Posts of 2023
Anna Snider The topics covered on Liberty Street Economics in 2023 hit many themes, reflecting the range of research interests…
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