Economic Brief

In the OTC market for credit default swaps, some investors are more central within the trading network than others.

Diffusion indexes can help summarize survey responses, but they have some limitations.

Perhaps history can be a guide on whether central banks should issue digital currencies.

Even exploring a CBDC without ultimately issuing one can provide significant benefits.

Among the topics covered at the Marvin Goodfriend conference were Fed bond facilities' impact on corporate credit risk and how trade leads to a global Phillips curve.

When immigration is restricted in rural areas, native workers don't seem to fill the jobs left empty.

Commonly used summary statistics for measuring the Black-White wealth gap have significant limitations. Here's a measure to help address these limitations.

Unlike in other recessions, women's labor force participation was impacted more than men's. What impact did child care have?

Based on different sets of reasonable assumptions, we analyze several different scenarios for the future of this critical policy-relevant lever.

Evidence highlights the nuanced ways in which participants in the financial markets may be strategically adapting to climate change.