Latest Items by Federal Reserve Bank of New York

• Transformative and Subsistence Entrepreneurs: Origins and Impacts on Economic Growth
  Pearce, Jeremy & Akcigit, Ufuk & Alp, Harun & Prato, Marta
• The Financial Stability Implications of Tokenized Investment Funds
  Carapella, Francesca & Azar, Pablo D. & Swem, Nathan & Perez-Sangimino, JP & Vardoulakis, Alexandros
• The Emergence of Tokenized Investment Funds and Their Use Cases
  Swem, Nathan & Azar, Pablo D. & Carapella, Francesca & Perez-Sangimino, JP & Vardoulakis, Alexandros
• Are Businesses Scaling Back Hiring Due to AI?
  Montalbano, Nick & Hyman, Benjamin & Deitz, Richard & Abel, Jaison R. & Emanuel, Natalia
• Financial Intermediaries and Pressures on International Capital Flows
  Hirschhorn, Samantha & Goldberg, Linda S.
• Are Financial Markets Good Predictors of R‑Star?
  Williams, John C. & Cho, Sophia
• Hat Tip to the Data
  Williams, John C.
• Economic Capital: A New Measure of Bank Solvency
  Plosser, Matthew & Hirtle, Beverly
• What Is Natural Disaster Clustering—and Why Does It Matter for the Economy?
  Kim-Sherman, Jacob & Seltzer, Lee
• All the Stars We Cannot See
  Williams, John C.
• How Retrainable Are AI-Exposed Workers?
  Pilossoph, Laura & Ni, Karen & Lahey, Benjamin & Hyman, Benjamin
• How Do Supply Shocks to Inflation Generalize? Evidence From the Pandemic Era in Europe
  Acharya, Viral V. & Eufinger, Christian & Eisert, Tim & Crosignani, Matteo
• A Practitioner’s Note on the Shapley-Owen-Shorrocks Decomposition
  Ocampo, Sergio & McGee, Rory & Audoly, Richard & Paz-Pardo, Gonzalo
• Nonlinear Micro Income Processes with Macro Shocks
  Bonhomme, Stéphane & Blundell, Richard & Almuzara, Martín & Arellano, Manuel
• Who Is Still on First? An Update of Characteristics of First‑Time Homebuyers
  Tracy, Joseph & Lee, Donghoon
• Flood Risk and Flood Insurance
  Blickle, Kristian S. & Santos, João A. C. & Perry, Evan
• A Check‑In on the Mortgage Market
  Scally, Joelle & Lee, Jonathan & Lee, Donghoon & Haughwout, Andrew F. & Van der Klaauw, Wilbert
• Understanding the Pricing of Carbon Emissions: New Evidence from the Stock Market
  Pritsker, Matthew & Crosignani, Matteo & Osambela, Emilio
• Can Redemption Fees Prevent Runs on Funds?
  Keister, Todd & Huang, Xuesong
• National and Regional Economic Outlook
  Athreya, Kartik B.
• Summer of ’25: The Data
  Williams, John C.
• Market Concentration and Aggregate Productivity: The Role of Demand
  Pearce, Jeremy & Wu, Liangjie
• How Shadow Banking Reshapes the Optimal Mix of Regulation
  Hachem, Kinda
• A Danger to Self and Others: Health and Criminal Consequences of Involuntary Hospitalization
  Welle, Pim & Emanuel, Natalia & Bolotnyy, Valentin
• Who Lends to Households and Firms?
  Boyarchenko, Nina & Elias, Leonardo
• Management and Firm Dynamism
  Schuh, Rachel & Sadun, Raffaella & Van Reenen, John & Bloom, Nicholas & Hartley, Jonathan S.
• The Rise in Deposit Flightiness and Its Implications for Financial Stability
  Lu, Xu & Li, Jian & Ma, Yiming & Blickle, Kristian S.
• The Fed’s Treasury Purchase Prices During the Pandemic
  Johansson, Peter & Correia Golay, Ellen & Dunn, Maximilian & Fleming, Michael J. & Younger, Josh & Shachar, Or & Krogh, Isabel
• The Zero Lower Bound Remains a Medium‑Term Risk
  Williams, John C. & Mertens, Thomas M. & Cho, Sophia
• Losses from Natural Disasters: County-Level Data on Damages, Injuries, and Fatalities
  Hiti, Martin & Crosignani, Matteo