Researchers covered topics including digital advertising, R&D allocation, production networks, and knowledge creation and diffusion.

Financial institutions have approached AI with cautious optimism, developing and implementing AI-based applications for things like customer service chatbots, detecting fraud, and evaluating creditworthiness.

Leveraging some of its natural advantages, Virginia has encouraged the industry's growth through tax incentives and other initiatives. It is now home to hundreds of data centers, many in Northern Virginia's "Data Center Alley."

Market commentors noticed a pattern during Alan Greenspan's tenure as Fed chair from 1987 to 2006. The Fed, it appeared to some, had developed a policy of bailing out stock investors by injecting liquidity into the economy amid large stock market declines. This perceived tendency came to be called the "Greenspan put."

With the American population aging, Richmond Fed economists are attempting to improve their understanding of the economic decisions facing older people — decisions that are likely to become increasingly important for the U.S. economy as the population distribution skews older.

Maggie Lena Walker built the St. Luke Penny Savings Bank to last. When it opened its doors in Richmond's Jackson Ward district in 1903, Walker became the first Black woman to establish a bank in the United States.

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

Today's inflationary snarls reflect both supply shocks and policy stimulus.

A brief review of the development of the Hornstein-Kudlyak-Lange Non-Employment Index, an alternative to the standard unemployment rate that includes all non-employed individuals and accounts for persistent differences in their labor market attachment.

There can be high returns to earning an economics degree, helping to draw students to the profession.

How might a CBDC alter the banking system? How does credit easing affect bank runs? These and other questions were addressed during a recent Richmond Fed conference.

Policymakers are weighing the possible benefits and risks of adopting a U.S. central bank digital currency (CBDC).

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.

How did unemployment insurance expansion affect recovery from the pandemic-induced recession? What are the effects of federal minimum wage hikes? A recent research conference addressed these questions and more.

They've received enduring, yet tepid, bipartisan support since the 1960s

During the mid-to-late 1930s, real estate appraisers working for the government-sponsored Home Owners' Loan Corporation (HOLC) undertook the unprecedented task of rating the creditworthiness of neighborhoods in over 200 of America's largest cities.

Do payday loan regulations help or harm consumer welfare? How many firms close due to financial market inefficiencies? These were among questions addressed at a recent research workshop.

His Pax Mongolica connected Europe and China, leading to exchanges of technology and culture.

The Spirit of Green presents Nordhaus' case for a global carbon tax using language that is likely to be accessible to a general audience.

Since 1980, survey forecasts have been modestly and consistently higher on average than the forecasts derived from a signal extraction model.

The Power of Creative Destruction ties the need for social insurance to the crucial roles played by social norms and civil society.

Governments across the globe recently reached agreement in principle on measures to counter the tax avoidance strategies of multinational corporations.

Multinational corporate taxation is a long-standing game of cat and mouse. Laws are enacted, corporations react by shifting operations and residency (not to mention engaging in creative accounting), and governments take countermeasures.

The policies were gradually phased out in many advanced and emerging economies. Will they come back?

In just 10 years, between 1999 and 2009, North Carolina's furniture manufacturing industry lost more than half of its jobs.

In Taming the Megabanks, Arthur Wilmarth Jr. of George Washington University Law School explores the implications of the gradual erosion and ultimate repeal of the Glass-Steagall Act's banking restrictions.

Economists at the Richmond Fed analyze the role of dealer-provided liquidity in sovereign credit default swap markets.

What does lifespan inequality mean for Social Security reform?

The COVID-19 pandemic is forecast to negatively affect state and local government revenues. In the absence of sizable federal transfers, this is likely to disrupt spending on critical services — including education — in ways that may have long-lasting effects.

Loan forbearance and other debt relief measures have been part of the effort to help struggling households and businesses.

Since March, the federal government has taken many measures to provide support in response to the COVID-19 pandemic.

The market for repurchase agreements has repeatedly adapted to changing circumstances.

Banks in the United States have long had choices between state and federal banking authorities

Richmond Fed economist Borys Grochulski researches the effects of shadow banking on bank liquidity regulation