Latest Items by Federal Reserve Bank of Kansas City

• The Financial Market Effects of Unwinding the Federal Reserve’s Balance Sheet
  Smith, Andrew Lee & Valcarcel, Victor J.
• Minimum Wage Increases and Vacancies
  Tuzemen, Didem & Tasci, Murat & Kudlyak, Marianna
• Market Integration and Bank Risk-Taking
  Dam, Kaniska & Sengupta, Rajdeep
• Mining for Oil Forecasts
  Calomiris, Charles W. & Mamaysky, Harry & Cakir Melek, Nida
• Flight to Liquidity or Safety? Recent Evidence from the Municipal Bond Market
  Marsh, W. Blake & Bi, Huixin
• Distributional Effects of Payment Card Pricing and Merchant Cost Pass-through in the United States and Canada
  Stavins, Joanna & Welte, Angelika & Felt, Marie-Hélène & Hayashi, Fumiko
• Pandemic Relief Has Aided Low-Income Individuals: Evidence from Alternative Financial Services
  Tran, Thao & Toh, Ying Lei
• PPP Raised Community Bank Revenue but Lowered Profitability
  Marsh, W. Blake
• Inclusion by Design: Crafting a Central Bank Digital Currency to Reach All Americans
  Maniff, Jesse Leigh
• Remote Card Payment Fraud: Trends and Measures Taken in Australia, France, and the United Kingdom
  Hayashi, Fumiko
• Why Does Structural Change Accelerate in Recessions? The Credit Reallocation Channel.
  Howes, Cooper
• Why Are Americans Saving So Much of Their Income?
  Smith, Andrew Lee
• Drought Risk to the Agriculture Sector
  Dice, Jacob & Rodziewicz, David
• The Macroeconomic Fallout of Shutting Down the Banking System
  Sharma, Padma & Richardson, Gary & Chen, Qian & Koch, Christoffer
• U.S. Business Applications Surge in the Face of COVID-19
  Brown, Jason
• U.S. Federal Debt Has Increased, but Appears Sustainable for Now
  Yang, Shu-Chun S. & Bi, Huixin & Shen, Wenyi
• Money, Growth, and Welfare in a Schumpeterian Model with the Spirit of Capitalism
  Nie, Jun & Zou, Heng-fu & He, Qinchun & Luo, Yulei
• Unconventional Monetary Policy and International Interest Rate Spillovers
  Dilts Stedman, Karlye
• Death of Coal and Breath of Life: The Effect of Power Plant Closure on Local Air Quality
  Brown, Jason & Tousey, Colton
• Deciphering Federal Reserve Communication via Text Analysis of Alternative FOMC Statements
  Yang, Shu-Kuei X. & Song, Dongho & Doh, Taeyoung
• Household Financial Distress and the Burden of ‘Aggregate’ Shocks
  Sanchez, Juan M. & Mather, Ryan & Athreya, Kartik B. & Mustre-del-Rio, Jose
• Fiscal Implications of Interest Rate Normalization in the United States
  Bi, Huixin & Shen, Wenyi & Yang, Shu-Chun S.
• Were Teleworkable Jobs Pandemic-Proof?
  Tuzemen, Didem & Tran, Thao
• In the Nick of Time: The Rise of Earned Wage Access
  Alcazar, Julian & Bradford, Terri
• Did the Federal Reserve Break the Phillips Curve? Theory and Evidence of Anchoring Inflation Expectations
  Smith, Andrew Lee & Bundick, Brent
• Payments Crises and Consequences
  Chen, Qian & Richardson, Gary & Sharma, Padma & Koch, Christoffer
• Forecasting U.S. Economic Growth in Downturns Using Cross-Country Data
  Nie, Jun & Yang, Shu-Kuei X. & Lyu, Yifei
• Capital Flows in Risky Times: Risk-On / Risk-Off and Emerging Market Tail Risk
  Chari, Anusha & Lundblad, Christian T. & Dilts Stedman, Karlye
• COVID-19 Poses Risks for State and Local Public Pensions
  Felix, Alison
• Neobanks: Banks by Any Other Name?
  Bradford, Terri