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 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

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
Research Brief Feb 6, 2019

IQ, Expectations, and Choice and Human Frictions in the Transmission of Economic Policy

The premise behind this policy was that consumers were fully cognizant of monetary policy and...
Topics:  Monetary Policy, Financial Markets, K-12 Education, Higher Education & Workforce Training
Research Brief Feb 6, 2019

Dynamism Diminished: The Role of Housing Markets and Credit Conditions

Employment at young US firms (less than 60 months since first paid employee) has declined...
Topics:  Economic Mobility & Poverty, Employment & Wages, Fiscal Studies, Monetary Policy
Research Brief Jun 1, 2018

Technology and Skill: Twin Engines of Growth

Nancy Stokey
Today the growth rate is back at its trend value, but the economy has not...
Topics:  Fiscal Studies, Monetary Policy, Technology & Innovation
Research Brief Apr 1, 2018

The Effect of Unconventional Fiscal Policy on Consumption Expenditure

These extraordinary measures were not without positive effects, but the limitations of the zero lower...
Topics:  Fiscal Studies, Monetary Policy
video Jan 22, 2015

The Role and Impact of Monetary Policy in an Uncertain Economy

Lars Peter Hansen
How has monetary policy helped in nurturing a sluggish recovery? What expectations should the public...
Topics:  Monetary Policy