Supervisors anticipate most bank failures with a high degree of accuracy.
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Daniel Davis talks about the importance of understanding the economies of small towns and rural areas. He also discusses the work that the Federal Reserve Bank of Richmond has done to examine these economies and connect with community leaders, including the recent launch of the Richmond Fed's Center for Rural Economies and Investing in Rural America webinar series. Davis is group vice president for regional economics at the Richmond Fed and director of the center.
A new approach addresses the dynamics of negotiations involving a single proposer and the inherent delays in reaching agreements.
The authors develop a single-proposer noise bargaining game and embed it in a two-sector sovereign default model to find that hard defaults coincide with deeper and more protracted recessions.
Exploring the evolving significance of different production sectors within the U.S. economy since World War II provides methods for estimating and forecasting these shifts.
Fifth District Surveys of Manufacturing and Non-Manufacturing Activity
Manufacturing activity slowed in October while non-manufacturing activity was flat.
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.
