Search Results
Dodging the “Doom Loop”: How Local Funding for Ohio’s Public Schools Might Be Protected Against a Decline in Commercial Property Values
How much would a potential decline in commercial property values affect funding for Ohio’s public schools? This District Data Brief takes a closer look.
Many Major District Metro Areas Have Yet to Recover to Their Prepandemic Employment Levels
The nation’s employment took less than 2 years to recover from the pandemic-associated recession. That many metro areas in our region have yet to see the same recovery suggests that structural factors may be limiting their progress.
How Has Ohio Fared in the Current Business Cycle?
This brief explores how Ohio’s economy has fared in the current business cycle and how it has compared to those of other states by using quarterly GDP data. It also examines the impact of Ohio’s industry differences on its GDP growth.
Lower-Wage Workers in Ohio Have Seen Strong Wage Gains Since 2019
In Ohio, the trend of relatively weak wage growth for lower-wage workers has reversed recently. This has resulted in the lowest wage inequality in more than two decades, with lower-wage workers seeing notably stronger real wage gains during 2019 to 2023 than for others throughout the wage distribution.
The Quality of Jobs Created Since the Start of the COVID-19-Related Recession
Although the employment recovery in the current business cycle has been robust, there remains a question about the quality of the jobs being created. This District Data Brief suggests that, both nationally and across Fourth District states, job growth has generally been tilted toward high-pay industries since the COVID-19-related recession began in February 2020.
Grading Texas education requires a closer look behind the numbers
The adequacy of the Texas educational system, which enrolls more than 5.5 million children in public kindergarten-through-12 schools, has been a recurring source of concern in the state.
Tokenized deposits use blockchain structure in traditional banking framework
Commercial banks have begun exploring adoption of tokenized deposits, traditional deposits that rely on blockchain technology and allow payments to settle almost instantaneously.
Working Paper
Trimmed-Mean Inflation Statistics: Just Hit the One in the Middle
This paper reinvestigates the performance of trimmed-mean inflation measures some 20 years since their inception, asking whether there is a particular trimmed-mean measure that dominates the median consumer price index (CPI). Unlike previous research, we evaluate the performance of symmetric and asymmetric trimmed means using a well known equality of prediction test. We find that there is a large swath of trimmed means that have statistically indistinguishable performance. Also, although the swath of statistically similar trims changes slightly over different sample periods, it always ...
Journal Article
10 things to know about the shape of Ohio’s skilled workforce
Journal Article
Foreclosure metrics
As the foreclosure crisis deepens, increased attention is being paid to foreclosure statistics, which are often used to judge the intensity of foreclosure problems both within and across regions. However, these statistics need to be interpreted carefully; different foreclosure statistics embed different information, and making informative comparisons with various metrics requires understanding how each is constructed.