Federal Reserve Bank of Chicago publications Economic research and commentary from Federal Reserve Bank of Chicago https://fedinprint.org/search?facets[]=provider_literal_array:Federal+Reserve+Bank+of+Chicago Wed, 11 Mar 2026 03:56:00 +0000 Firms and the Gender Wage Gap: A Comparison of Eleven Countries https://fedinprint.org/item/fedhwp/102275/original https://fedinprint.org/item/fedhwp/102275/original Nordström Skans, Oskar; Lochner, Benjamin; Gulumser, Dogan; Lombardi, Stefano; Lattanzio, Salvatore; Lassen, Anne Sophie; Lachowska, Marta; Meekes, Jordy; Bertheau, Antoine; Hijzen, Alexander; Muraközy, Balázs; Palladino, Marco; Kunze, Astrid; Barreto, César 2025-12-08 88 Gender wage gap; Firms; Cross country comparison WP 2025-24 10.21033/wp-2025-24 Working Paper Series Financial life after the death of a spouse https://fedinprint.org/item/fedhle/92800 https://fedinprint.org/item/fedhle/92800 Ramnath, Shanthi; Camner McKay, Lisa; Tong, Patricia K.; Fadlon, Itzik 2020-05-19 5 household behavior; family economics; allocative efficiency; cost-benefit analysis; health; demand and supply of labor 438 Chicago Fed Letter Medicaid-ing Uninsurance? The Impact of the Affordable Care Act’s Medicaid Expansion on Uninsurance Spells https://fedinprint.org/item/fedhwp/97421/original https://fedinprint.org/item/fedhwp/97421/original Patel, Elena; Heim, Bradley T.; Ramnath, Shanthi 2023-11 47 Health insurance; Unemployment; Medicaid expansion WP 2023-41 Working Paper Series How the U.S. Treasury Futures Market and the Basis Trade Could Be Affected by the Treasury Clearing Mandate: Part 2—The Possible Role of Cross-Margining https://fedinprint.org/item/fedhle/102807 https://fedinprint.org/item/fedhle/102807 Patel, Ketan B. 2026-01 8 Treasury securities; Treasury futures; Treasury repo rate; basis trades; Leverage; Central clearing; Nonbank financial institutions; Nonbank Financial Institutions (NBFIs); pension funds; Government Policy and Regulation; Interest rates 517 Chicago Fed Letter How the U.S. Treasury Futures Market and the Basis Trade Could Be Affected by the Treasury Clearing Mandate: Part 1—A Primer https://fedinprint.org/item/fedhle/102806 https://fedinprint.org/item/fedhle/102806 Patel, Ketan B. 2026-01 8 Treasury futures; Treasury securities; Treasury repo rate; basis trades; Leverage; Central clearing; Nonbank financial institutions; Nonbank Financial Institutions (NBFIs); Asset pricing; Trading volume; pension funds 516 Chicago Fed Letter Marriage, Labor Supply, and the Dynamics of the Social Safety Net https://fedinprint.org/item/fedhwp/102278/original https://fedinprint.org/item/fedhwp/102278/original Voena, Alessandra; Pistaferri, Luigi; Low, Hamish W.; Meghir, Costas 2025-12-19 98 Welfare; Welfare reform; Limited commitment WP 2025-27 10.21033/wp-2025-27 Working Paper Series Fertility and Family Labor Supply https://fedinprint.org/item/fedhwp/102277/original https://fedinprint.org/item/fedhwp/102277/original Jorgensen, Thomas H.; Low, Hamish W.; Jakobsen, Katrine M. 2025-12-19 127 Fertility; Labor supply; human capital accumulation; Gender inequality; Tax reform WP 2025-26 10.21033/wp-2025-26 Working Paper Series Joint Child Custody and Interstate Migration https://fedinprint.org/item/fedhwp/102276/original https://fedinprint.org/item/fedhwp/102276/original Adams, Abi; Jorgensen, Thomas H.; Voena, Alessandra; Low, Hamish W.; Bayraktar, Oğuz 2025-12-02 41 Migration; Divorce WP 2025-25 10.21033/wp-2025-25 Working Paper Series Expenditures, Earnings, and Net Worth of the Comédie Française, 1723–1793 https://fedinprint.org/item/fedhwp/102274/original https://fedinprint.org/item/fedhwp/102274/original Velde, Francois R. 2025-10-29 49 Entertainment industry; history of theater; Oligopoly; France WP 2025-22 10.21033/wp-2025-22 Working Paper Series One Fed, Many Voices: Coordinated Communication vs. Transparent Debate https://fedinprint.org/item/fedhwp/102273/original https://fedinprint.org/item/fedhwp/102273/original Melosi, Leonardo; Villa, Alessandro; Ferroni, Filippo; Djourelova, Milena 2025-11-20 40 monetary policy communication; FOMC; Text Analysis; Central bank; Market expectations WP 2025-23 10.21033/wp-2025-23 Working Paper Series Britain’s Debt Restructuring, 1717–22 https://fedinprint.org/item/fedhwp/102270/original https://fedinprint.org/item/fedhwp/102270/original Velde, Francois R. 2025-10-29 55 WP 2025-21 10.21033/wp-2025-21 Working Paper Series An Institutional Investor in 18th-Century Britain https://fedinprint.org/item/fedhwp/102249/original https://fedinprint.org/item/fedhwp/102249/original Velde, Francois R. 2025-09-19 23 investors; Bubble; Public debt WP 2025-20 10.21033/wp-2025-20 Working Paper Series The Inherent Nonlinearity in Learning: Implications for Understanding Stock Returns https://fedinprint.org/item/fedhwp/102246/original https://fedinprint.org/item/fedhwp/102246/original Molavi, Pooya; Giglio, Stefano; Dew-Becker, Ian 2025-08-27 50 Skewness; crashes; Tail risk; Learning WP 2025-16 10.21033/wp-2025-16 Working Paper Series The Decline of the Variance Risk Premium: Evidence from Traded and Synthetic Options https://fedinprint.org/item/fedhwp/101806/original https://fedinprint.org/item/fedhwp/101806/original Dew-Becker, Ian; Giglio, Stefano 2025-09 Options; Tail risk; Financial friction WP 2025-17 Working Paper Series Skewness and Time-Varying Second Moments in a Nonlinear Production Network: Theory and Evidence https://fedinprint.org/item/fedhwp/101805/original https://fedinprint.org/item/fedhwp/101805/original Dew-Becker, Ian; Vedolin, Andrea 2025-09-04 70 GDP; Skewness; Employent; Network WP 2025-18 10.21033/wp-2025-18 Working Paper Series Computing Aggregate Fluctuations of Economies with Private Information https://fedinprint.org/item/fedhwp/101803/original https://fedinprint.org/item/fedhwp/101803/original Veracierto, Marcelo 2025-08 65 Computational methods; Heterogeneous agent; Business cycle; Private information WP 2025-19 10.21033/wp-2025-19 Working Paper Series What Can We Learn About the Costs and Benefits of Tariffs from a Trade Model? https://fedinprint.org/item/fedhle/101738 https://fedinprint.org/item/fedhle/101738 Hillier, Caydn; Zhang, Jing; Royal, Jim; Hobijn, Bart 2025-09 Tariff; International trade; Macroeconomics 512 Chicago Fed Letter Perspectives of Small Business Intermediaries in Chicago: A Snapshot from Spring 2025 https://fedinprint.org/item/h00003/101737 https://fedinprint.org/item/h00003/101737 Kelley, Garvester; Newberger, Robin G. 2025-08 Technology Providers and Financial Stability: Overview of Risks and Regulatory Frameworks https://fedinprint.org/item/fedhwp/101721/original https://fedinprint.org/item/fedhwp/101721/original Amromin, Gene; Anadu, Kenechukwu E.; Solimine, Brett; Sanders, Siobhan; Bräuning, Falk; Hull, Cindy E.; Weiss, Emma; Chapel, Amy; Garza, Lorenzo; Chmielewski, Rebecca; Schulhofer-Wohl, Sam; Cowperthwait, Patricia K.; Cho, Meeoak 2025-06-23 14 Financial stablity; third-party service providers; cyber risks WP 2025-08 10.21033/wp-2025-08 Working Paper Series The 2025 U.S. Debt Limit Through the Lens of Financial Markets https://fedinprint.org/item/fedhwp/101720/original https://fedinprint.org/item/fedhwp/101720/original Benzoni, Luca; Wernick, Marisa 2025-05-27 33 U.S. Default; Default probability; CDS; Debt limit WP 2025-07 10.21033/wp-2025-07 Working Paper Series Human Capital in a Time of Low Real Rates https://fedinprint.org/item/fedhwp/101718/original https://fedinprint.org/item/fedhwp/101718/original Khorrami, Paymon; Sakong, Jung 2025-08-08 51 Human capital; Income inequality; intergenerational mobility; working rich; Low interest rates; Borrowing constraints WP 2025-15 10.21033/wp-2025-15 Working Paper Series Composition-Adjusted Wage Growth: A Robust Measure from Microdata https://fedinprint.org/item/fedhwp/101717/original https://fedinprint.org/item/fedhwp/101717/original Hu, Luojia; Honore, Bo E. 2025-07 Wage growth; Selection; Decomposition WP 2025-14 10.21033/wp-2025-14 Working Paper Series Optimal Fiscal Policy Under Endogenous Disaster Risk: How to Avoid Wars? https://fedinprint.org/item/fedhwp/101716/original https://fedinprint.org/item/fedhwp/101716/original Valaitis, Vytautas; Villa, Alessandro 2025-03 59 Optimal fiscal policy; Incomplete markets; endogenous disaster risk WP 2025-13 10.21033/wp-2025-13 Working Paper Series www.LaborMarketUpdate.net: Real-Time Research-Based Analyses of the State of the U.S. Labor Market https://fedinprint.org/item/fedhwp/101715/original https://fedinprint.org/item/fedhwp/101715/original Hobijn, Bart; Sahin, Aysegul 2025-08-01 13 Real-time analysis; Labor market WP 2025-12 10.21033/wp-2025-12 Working Paper Series Artificial Intelligence in the Office and the Factory: Evidence from Administrative Software Registry Data https://fedinprint.org/item/fedhwp/101714/original https://fedinprint.org/item/fedhwp/101714/original de Souza, Gustavo 2025-07-21 99 Artificial intelligence; Automation; software; inequality WP 2025-11 10.21033/wp-2025-11 Working Paper Series