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Journal Article
Understanding the Social Security debate
Daly, Mary C. (1999)
FRBSF Economic Letter

Speech
Policy Nimbleness Through Forward Guidance
Daly, Mary C. (2022-06-24)
Presentation at Shadow Open Market Committee Conference, Chapman University, Orange, CA, June 24, 2022, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech

Speech
Modern Central Banking: Monetary Policy Implementation and Communication
Daly, Mary C. (2025-11-13)
Speech to the Institute of International and European Affairs (IIEA), Dublin, Ireland, November 13, 2025, 1:00 p.m. GMT (5:00 a.m. PT), by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech

Journal Article
Recent declines in work and income among men with disabilities
Houtenville, Andrew J.; Daly, Mary C.; Burkhauser, Richard V. (2000)
FRBSF Economic Letter

Working Paper
Keeping Up with the Joneses and Staying Ahead of the Smiths: Evidence from Suicide Data
Daly, Mary C.; Wilson, Daniel J. (2006-05-01)
This paper empirically assesses the theory of interpersonal income comparison using a unique data set on suicide deaths in the United States. We treat suicide as a choice variable, conditional on exogenous risk factors, reflecting one’s assessment of current and expected future utility. Using this framework we examine whether differences in group-specific suicide rates are systematically related to income dispersion, controlling for socio-demographic characteristics and income level. The results strongly support the notion that individuals consider relative income in addition to absolute ...
Working Paper Series , Paper 2006-12

Journal Article
Jobless recovery redux?
Hobijn, Bart; Kwok, Joyce; Daly, Mary C. (2009)
Although the pace of layoffs appears to be subsiding and the overall economy is showing hints of stabilization, most forecasters expect unemployment to continue to increase in coming months and to recede only gradually as recovery takes hold. In this Economic Letter, we evaluate this projection using data on three labor market indicators: worker flows into and out of unemployment; involuntary part-time employment; and temporary layoffs. We pay particular attention to how these indicators compare with data from previous episodes of recession and recovery. Our analysis generally supports ...
FRBSF Economic Letter

Speech
Calibrating Policy in an Uncertain Time
Daly, Mary C. (2023-04-12)
Remarks delivered at Salt Lake Chamber, Salt Lake City, UT, April 12, 2023, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech

Journal Article
Labor force participation and the prospects for U.S. growth
Daly, Mary C.; Regev, Tali (2007)
This Economic Letter reviews the factors contributing to the projected slower pace of labor force growth over the next decade and focuses in particular on the challenges and uncertainties surrounding one aspect, labor force participation behavior.
FRBSF Economic Letter

Speech
Beyond Fairness: The Value of an Inclusive Economy
Daly, Mary C. (2019-10-16)
Remarks at Los Angeles World Affairs Council & Town Hall, Los Angeles, CA, by Mary C. Daly, President and CEO, Federal Reserve Bank of San Francisco, October 15, 2019.
Speech , Paper 198

Working Paper
The happiness - suicide paradox
Daly, Mary C.; Wu, Stephen; Wilson, Daniel J.; Oswald, Andrew J. (2010)
Suicide is an important scientific phenomenon. Yet its causes remain poorly understood. This study documents a paradox: the happiest places have the highest suicide rates. The study combines findings from two large and rich individual-level data sets?one on life satisfaction and another on suicide deaths?to establish the paradox in a consistent way across U.S. states. It replicates the finding in data on Western industrialized nations and checks that the paradox is not an artifact of population composition or confounding factors. The study concludes with the conjecture that people may find it ...
Working Paper Series , Paper 2010-30

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