Federal Reserve Bank of Minneapolis publications Economic research and commentary from Federal Reserve Bank of Minneapolis https://fedinprint.org/search?facets[]=provider_literal_array:Federal+Reserve+Bank+of+Minneapolis Sat, 11 Jul 2026 17:38:30 +0000 Analyzing Occupational Licensing Across Nations https://fedinprint.org/item/fedmsr/103496 https://fedinprint.org/item/fedmsr/103496 Kleiner, Morris M.; Hartley, Jonathan S. 2026-07-07 Institutions; Regulation; Economic growth; Wage level and structure; Occupational licensing 685 10.21034/sr.685 Staff Report International Risk-Sharing in a Fragmented World https://fedinprint.org/item/fedmwp/103478/original https://fedinprint.org/item/fedmwp/103478/original Russo, Giovanni; Bianchi, Javier; Horn, Sebastian; Sosa-Padilla, César 2026-06-30 Capital flows; Financial fragmentation; Official lending; Risk-sharing; Sovereign default; Geoeconomics 816 10.21034/wp.816 Working Papers What Quits and Layoffs Reveal About the Business Cycle https://fedinprint.org/item/fedmoi/103477/original https://fedinprint.org/item/fedmoi/103477/original Ellieroth, Kathrin; Michaud, Amanda M. 2026-07-01 Business cycles; Unemployment; Quits; Labor supply; Layoffs 130 10.21034/iwp.130 Opportunity and Inclusive Growth Institute Working Papers The Macroeconomic Effects of Neighborhood Policies: A Dynamic Analysis https://fedinprint.org/item/fedmoi/103476/original https://fedinprint.org/item/fedmoi/103476/original Guerrieri, Veronica; Fogli, Alessandra; Prato, Marta; Ponder, Mark 2026-06-23 Local externalities; place-based policies; residential segregation; MTO; Income inequality 129 10.21034/iwp.129 Opportunity and Inclusive Growth Institute Working Papers How Small is Small? Non-linearities in Heterogeneous Agent Models https://fedinprint.org/item/fedmwp/103410/original https://fedinprint.org/item/fedmwp/103410/original Kaplan, Greg; Bianchi, Javier 2026-06-22 Heterogeneous agents; non-linearities; HANK 815 10.21034/wp.815 Working Papers Reconciling Micro Elasticities with the Macro Decline in Labor Supply https://fedinprint.org/item/fedmwp/103388/original https://fedinprint.org/item/fedmwp/103388/original Karabarbounis, Loukas 2026-06-05 Marshallian elasticity; Income effects; Macro elasticity; Labor supply 814 10.21034/wp.814 Working Papers Macro-Development: Complementarities, Distortions and Policies https://fedinprint.org/item/fedmqr/103358 https://fedinprint.org/item/fedmqr/103358 Buera, Francisco J. 2026-06-01 46 1 10.21034/qr.4611 Quarterly Review Trade in AI-Related Products https://fedinprint.org/item/fedmqr/103359 https://fedinprint.org/item/fedmqr/103359 Waugh, Michael E. 2026-06-01 46 1 10.21034/qr.4612 Quarterly Review Why Do Americans No Longer Work So Much More Than Non-Americans? https://fedinprint.org/item/fedmwp/103293/original https://fedinprint.org/item/fedmwp/103293/original Karabarbounis, Loukas; See, Kurt; Birinci, Serdar 2026-03-25 Wages; Benefits; Hours; Employment 813 10.21034/wp.813 Working Papers The Long-Term Decline of the U.S. Job Ladder https://fedinprint.org/item/fedmoi/103292/original https://fedinprint.org/item/fedmoi/103292/original Baksy, Aniket; Caratelli, Daniele; Engbom, Niklas 2026-04-17 127 10.21034/iwp.127 Opportunity and Inclusive Growth Institute Working Papers Credit Supply, Firms, and Earnings Inequality https://fedinprint.org/item/fedmoi/103290/original https://fedinprint.org/item/fedmoi/103290/original Moser, Christian; Wolter, Stefanie; Wirth, Benjamin; Saidi, Farzad 2026-05-22 Wages; Employment; Distribution; Credit supply; Monetary policy; Downward wage rigidity 128 10.21034/iwp.128 Opportunity and Inclusive Growth Institute Working Papers Trade in AI-Related Products https://fedinprint.org/item/fedmsr/103018 https://fedinprint.org/item/fedmsr/103018 Waugh, Michael E. 2026-04-09 AI; Tariffs; LLM classification; Trade patterns 684 10.21034/sr.684 Staff Report Subjective Earnings and Employment Dynamics https://fedinprint.org/item/fedmoi/103004/original https://fedinprint.org/item/fedmoi/103004/original Arellano, Manuel; Attanasio, Orazio; Borella, Margherita; De Nardi, Mariacristina; Paz-Pardo, Gonzalo 2026-04-07 Subjective expectations; Earnings dynamics models 126 10.21034/iwp.126 Opportunity and Inclusive Growth Institute Working Papers The Macroeconomic Causes and Consequences of Inflation https://fedinprint.org/item/fedmqr/102912 https://fedinprint.org/item/fedmqr/102912 Watson, Mark; Kohn, Donald L.; Lorenzoni, Guido; Reichlin, Lucrezia 2025-03-18 45 4 10.21034/qr.4541 Quarterly Review Moving to Fluidity: Regional Growth and Labor Market Churn https://fedinprint.org/item/fedmoi/102812/original https://fedinprint.org/item/fedmoi/102812/original Schneider, Martin; Hoffmann, Eran B.; Piazzesi, Monika 2026-02-24 Quits; Layoffs; Hires; Migration; On-the-job search; Labor market churn 125 10.21034/iwp.125 Opportunity and Inclusive Growth Institute Working Papers Why Do Households Save and Work? https://fedinprint.org/item/fedmoi/102357/original https://fedinprint.org/item/fedmoi/102357/original De Nardi, Mariacristina; Torres Chain, Johanna P.; Yang, Fang; Borella, Margherita 2026-01-30 Households; Savings; Working; Precautionary saving 124 10.21034/iwp.124 Opportunity and Inclusive Growth Institute Working Papers A Macroeconomic Perspective on Stock Market Valuation Ratios https://fedinprint.org/item/fedmsr/102356/original https://fedinprint.org/item/fedmsr/102356/original Heathcote, Jonathan; Atkeson, Andrew; Perri, Fabrizio 2026-01-30 Earnings; Enterprise value; Free cash flow 682 10.21034/sr.682 Staff Report Intergenerational Welfare Assessments https://fedinprint.org/item/fedmoi/102340/original https://fedinprint.org/item/fedmoi/102340/original Barcons, Sergi; Schaab, Andreas; Dávila, Eduardo 2026-01-16 Capital taxation; OLG economies; Intergenerational welfare; Social security; Interpersonal welfare comparisons 123 10.21034/iwp.123 Opportunity and Inclusive Growth Institute Working Papers How Restrictive is U.S. Trade Policy? https://fedinprint.org/item/fedmsr/102316/original https://fedinprint.org/item/fedmsr/102316/original Waugh, Michael E. 2025-01-09 Tariffs; Trade Restrictiveness Index; U.S. trade policy 681 10.21034/sr.681 Staff Report Default and Interest Rate Shocks: Renegotiation Matters https://fedinprint.org/item/fedmsr/102198/original https://fedinprint.org/item/fedmsr/102198/original Almeida, Victor; Esquivel, Carlos; Kehoe, Timothy J.; Nicolini, Juan Pablo 2025-12-08 Renegotiation; Interest rate shocks; Sovereign default 679 10.21034/sr.679 Staff Report Official Sovereign Debt https://fedinprint.org/item/fedmsr/102197/original https://fedinprint.org/item/fedmsr/102197/original Arellano, Cristina; Barreto, Leonardo 2025-12-05 Debt maturity; Default; Bilateral and multilateral lending; Emerging markets; Debt swaps 678 10.21034/sr.678 Staff Report Economists Should Be Studying Monopoly Much More Extensively: How Our Interest in Monopoly Waned After We Began Thinking About Monopoly All Wrong https://fedinprint.org/item/fedmsr/102182/original https://fedinprint.org/item/fedmsr/102182/original Schmitz, James A. 2025-11-26 677 10.21034/sr.677 Staff Report Income and Wealth Inequality in the United States: An Update Including the 2022 Wave https://fedinprint.org/item/fedmqr/102181 https://fedinprint.org/item/fedmqr/102181 Ríos-Rull, José-Víctor; Kuhn, Moritz 2025-11-25 45 3 10.21034/qr.4532 Quarterly Review Ramsey Plan for Calvo’s Model https://fedinprint.org/item/fedmqr/102180 https://fedinprint.org/item/fedmqr/102180 Sargent, Thomas J.; Yang, Ziyue 2025-11-25 45 3 10.21034/qr.4531 Quarterly Review Cohabitation, Child Development, and College Costs https://fedinprint.org/item/fedmoi/102177/original https://fedinprint.org/item/fedmoi/102177/original Obermeier, Tim; Adamopoulou, Effrosyni; Hannusch, Anne; Kopecky, Karen A. 2025-11-26 Intergenerational mobility; college costs; human capital accumulation; cohabitation; Marriage; child development 122 10.21034/iwp.122 Opportunity and Inclusive Growth Institute Working Papers