We study how random variation in the availability of highly educated, foreign-born workers impacts firm performance and recruitment behavior.
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Issues surrounding the new FAFSA form have led to a sharp decline in form completions for the coming academic year. This could result in overall enrollment declines across higher education, but it is likely to hit some groups of students and institutions harder than others.
Some think such a trap for China is imminent, due to factors such as a surge in deposits, mounting deflationary pressures and high youth unemployment rates.
While supply chain diversification helps mitigate climate risk, it exacerbates the distributional effects of climate change by reducing wages in regions prone to more frequent shocks.
We find that technology adoption greatly amplifies the multipliers' magnitudes, and it changes the ranking of priority sectors for industrial policy.
Fifth District Surveys of Manufacturing and Service Sector Activity
Manufacturing activity remained slow in April, while service sector activity remained soft.
Our mission is to champion diversity in economic research and policymaking by mentoring and connecting women and promoting their high-quality research.
Since 2021, the Collaboration of Research Economists (CORE) model has combined frontier research and an innovative delivery method to advance collaboration within the economics profession. Economists from a range of disciplines join with Richmond Fed economists eight times per year for seminars, collaboration, and formal and informal networking — all with an eye toward advancing economic research.
Research Associates help the Richmond Fed's economists with their research and policy memos for briefing the Bank's president on the state of the economy. For recent graduates thinking about applying to a Ph.D. program, this position is an ideal way to learn more about academic economic research.