Economic Brief

Banks' behavior can still amplify economic downturns even when they are not the source of a crisis and have robust liquidity and capital positions.

The timing of actions between the central bank and firms can have large effects on the inflation rate when monetary policy is conducted under discretion.

Proposed changes to the H-1B program, including the new one-time $100,000 processing fee, could have widespread effects.

Banks continued to compete with NMCs in the downstream mortgage origination market, despite financing competing NMCs.

Trying to identify single causes of individual business cycles is fraught with misattribution problems.

Federal employees make up 1.8 percent of the U.S. workforce, but they tend to be concentrated in specific regions.

Eliminating exclusive buyer representation contracts could have several positive effects in the real estate industry.

The third annual Marvin Goodfriend lecture, given by Richard Rogerson, covered cross-country sectoral productivity differences.

How do shocks to the banking system affect nonbank mortgage companies through warehouse lines of credit?

The Fed's "maximum employment" mandate isn't directly measurable, so how can we tell if the economy is close?