Journal Article
Developments in Household Liabilities Since the 1990s
Chiang, Yu-Ting; Dueholm, Mick (2023-11-24)
The ratio of household liabilities to income increased from the mid 1990s to 2010, driven by an increase in the supply of loans that outpaced loan demand.
Economic Synopses , Issue 23 , Pages 3 pages

Which U.S. Households Have Credit Card Debt?
Chiang, Yu-Ting; Dueholm, Mick (2024-05-20)
Households carrying credit card balances tend to be middle income, but the ratio of credit card debt to income is highest among those who earn the least.
On the Economy

AI Optimism and Uncertainty: What Can Earnings Calls Tell Us Post-ChatGPT?
Kalyani, Aakash; Ozkan, Serdar; Bass, Mickenzie; Dueholm, Mick (2024-09-30)
An analysis of earnings calls shows that America’s corporate leaders are talking much more about AI. It also reveals an increase in perceived risk in this new technology.
On the Economy

Does Worker Scarcity Spur Investment, Automation and Productivity? Evidence from Earnings Calls
Dueholm, Mick; Kalyani, Aakash; Ozkan, Serdar (2024-06-18)
An analysis suggests labor issues like higher wages and hiring difficulties have prompted some firms to invest in automation, leading to productivity growth.
On the Economy

Which Households Prefer ARMs vs. Fixed-Rate Mortgages?
Chiang, Yu-Ting; Dueholm, Mick (2024-02-06)
Adjustable-rate mortgages appear to be more popular with younger, higher-income households that also have bigger mortgages, according to 2019 data.
On the Economy

How Much Can Households Gain and Lose with Unexpected Inflation?
Chiang, Yu-Ting; Karger, Ezra; Dueholm, Mick (2024-10-22)
This analysis looks at how the 2021-22 inflation shock affected households based on their exposure to nominal assets and nominal liabilities.
On the Economy

AI Hype or Reality? Shifts in Corporate Investment after ChatGPT
Kalyani, Aakash; Ozkan, Serdar; Bass, Mickenzie; Dueholm, Mick (2024-10-03)
An analysis of earnings calls shows a sharp rise in AI-related chatter among U.S. corporate executives. But this increase doesn’t appear to be matched by a similar rise in capital and R&D spending.
On the Economy

Can Earnings Calls Be Used to Gauge Labor Market Tightness?
Dueholm, Mick; Kalyani, Aakash; Ozkan, Serdar (2024-06-18)
An index that uses textual analysis of earnings calls to track labor issues appears to be highly correlated to one measure of labor market tightness.
On the Economy

Journal Article
Assets and Liabilities of Younger vs. Older Households
Chiang, Yu-Ting; Dueholm, Mick (2023-02-02)
The balance sheets of US households have changed over the past seven decades, overall and for different age groups.
Economic Synopses , Issue 2 , Pages 3 [pages

Journal Article
Inflation Uncertainty among Eighth District Households
Chiang, Yu-Ting; Dueholm, Mick (2024-03-28)
Survey data suggest that uncertainty about future inflation among Eighth District households rose during periods of significant change in monetary policy.
The Regional Economist