Discussion Paper
Stuck At Home? The Drag of Homeownership on Earnings After Job Separation
De Francisco, Eva; Garcia-Cabo, Joaquin; Powell, Tyler (2020-11-12)
This note takes a novel approach to study the question of whether housing ownership has negative effects on workers' mobility. While most of the literature has focused on studying differential migration rates between owners and renters, commonly known as "house-lock", we analyze this question from the perspective of differences in earnings.
FEDS Notes , Paper 2020-11-12-1

Discussion Paper
Why Has Wage Growth Been Subdued in the Advanced Foreign Economies?
Powell, Tyler; Lin, Stephen F.; Johnson, Kaede (2020-01-08)
This note argues that certain factors, especially slower productivity growth and lower natural rates of unemployment, can explain much of the weakness of wage growth and the apparent breakdown of the simple wage Phillips curve.
FEDS Notes , Paper 2020-01-08-3