ECONOMY
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Auto Loan Delinquency Revs Up as Car Prices Stress Budgets
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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Small Business Recovery after Natural Disasters in the Fed’s Second District
Asani Sarkar A previous Liberty Street Economics post found that minority-owned small businesses in the Federal Reserve’s Second District have…
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Flood-Prone Basement Housing in New York City and the Impact on Low- and Moderate-Income Renters
Claire Kramer Mills, Ambika Nair, and Julian di Giovanni Hurricane Ida, which struck New York in early September 2021, exposed…
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Banks versus Hurricanes – Liberty Street Economics
Peter Anagnostakos, Jason Bram, Benjamin Chan, Natalia Fischl-Lanzoni, Hasan Latif, James M. Mahoney, Don Morgan, Ladd Morgan, and Ivelisse Suarez…
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A Bayesian VAR Model Perspective on the Lagged Effect of Monetary Policy
Richard Crump, Marco Del Negro, Keshav Dogra, Pranay Gundam, Donggyu Lee, Ramya Nallamotu, and Brian Pacula Over the last few…
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The New York Fed DSGE Model Perspective on the Lagged Effect of Monetary Policy
Richard Crump, Marco Del Negro, Keshav Dogra, Pranay Gundam, Donggyu Lee, Ramya Nallamotu, and Brian Pacula This post uses the…
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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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