Economic Brief

The lockdowns resulting from COVID-19 provide an opportunity to examine what factors affect the strength of supply chains.

For some underperforming employees, employers might prefer using suspension rather than outright termination.

Pandemic-era unemployment insurance affected recoveries of low-wage job markets and high-wage job markets differently.

Techniques at the frontiers of econometrics were addressed by economists during a recent research conference.

Tariffs, property rights and producing inputs versus buying them: These were among the topics discussed at our recent conference.

The newer a product is, the more likely its price will change and the larger the price change will likely be.

Hard (or large) sovereign defaults have been associated with larger negative economic responses than soft defaults.

This theory may be obscure, even to economists, but it can have quite an impact on inflation.

The relationship between the producer price index and consumer price indexes has not always been clear.

One can argue whether the FOMC's response to inflation has been strong enough, but financial markets and surveys suggest that the Fed retains credibility for low inflation in the long run.