Search Results
Journal Article
Information and Communications Technology Spending and City Size
Firms in big cities are spending more on information and communications technology than firms in small cities, a likely cause of the growing economic divide between big and small U.S. cities.
Journal Article
Inflation and Shipping Costs
Imports that are more reliant on ocean freight have seen higher import price inflation since the start of the pandemic.
Journal Article
Childhood Income Volatility
Rising volatility in family income suggests that government efforts such as the monthly payment of the child tax credit may be appropriate.
Residential Segregation and the Black-White College Gap
Using an economic model, researchers find that racial wage disparities, the amenity externality and racial barriers to moving could help explain the Black-white gap in college attainment.
Journal Article
Child Poverty Rates in the Eighth District and Beyond
Child poverty and income volatility are higher in the Fed’s Eighth District than in the rest of the country, but the 2021 child tax credit could help alleviate these issues.
Working Paper
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium
This paper seeks to understand the forces that maintain racial segregation and the implications for the Black-White gap in college attainment. We incorporate race into an overlapping-generations spatial-equilibrium model with neighborhood spillovers. The model incorporates race in three ways: (i) a Black-White wage gap, (ii) an amenity externality—households care about the racial composition of their neighbors—and (iii) an additional barrier to moving for Black households. These forces quantitatively account for all of the racial segregation and 80% of the Black-White gap in college ...
Journal Article
How College Attainment Differs by Birthplace
Data from 1990 and 2018 show the effect birthplace may have on educational attainment, inside and outside the Federal Reserve’s Eighth District.
Tracking Families That Cross the Income Threshold for Food Stamps
Fluctuating incomes can mean families lose and then regain eligibility for food stamps multiple times during a period of years. Could that help explain why some eligible families don’t apply for the benefit?
Journal Article
Where Are Labor Markets the Tightest? A Tale of the 100 Largest US Cities
How does labor market tightness vary across the US, and how have labor markets changed since the pandemic? The vacancy-to-unemployment ratio is a common measure.
Journal Article
Income Volatility as a Barrier to Food Stamp Takeup
Families with greater volatility in their incomes had more switches in food stamp eligibility and lower rates of food stamp usage when they were eligible.