Research Brief Oct 15, 2019

Policy Uncertainty in Japan

Policy uncertainty is always a consideration for households and firms, even in relatively stable periods....
Topics:  Financial Markets, Monetary Policy
Chart Oct 9, 2019

Empirical Trends That Inform Decreasing US Business Dynamism

Panel 1a is taken from Andrews et al. (2016), Panel 1b from Decker et al....
Topics:  Financial Markets, Technology & Innovation
Research Brief May 14, 2019

Low Interest Rates, Market Power, and Productivity Growth

For economists, the term “secular” means persistent over time, suggesting that the post-Great Recession years...
Topics:  Financial Markets
Chart May 14, 2019

How Lower Interest Rates Can Stall Growth

A decrease in consumer demand reduces interest rates and leads to a decrease in productivity...
Topics:  Financial Markets
Chart Mar 1, 2019

The Employment Share of Young Firms is Highly Cyclical

While the share of private-sector employment at young firms has declined over the last 35...
Topics:  Economic Mobility & Poverty, Employment & Wages, Fiscal Studies, Monetary Policy
Chart Mar 1, 2019

The Glass Ceiling

As these two figures reveal, even though women are attaining college degrees at rates significantly...
Topics:  Employment & Wages, Financial Markets
Chart Mar 1, 2019

U.S. Real GDP Per Capita (1900 – 2017): Current Economy vs Historical Trend Line

Per capita GDP growth has mostly returned to trend since the Great Recession, but the...
Topics:  Fiscal Studies, Monetary Policy, Technology & Innovation
Chart Mar 1, 2019

Analysis of Mortgage-Backed Securities and the Financial Crisis of 2008

Ratings agencies were roundly criticized for mis-rating mortgage backed securities and, thus, helping fuel the...
Topics:  Financial Markets