Search Results
Journal Article
The Value of $600 Across States Hit Hardest by COVID-19
The CARES act provides an extra $600 per week in unemployment benefits, but the purchasing power of those dollars varies across states, raising the question of whether the equal distribution of $600 across states is an equitable distribution.
Why the Same Inflation Target May Not Fit All Countries
The central banks of many advanced economies have adopted an inflation target at around 2%. But should they use the same target?
COVID-19: What Do FREDcast Users Think about Economic Growth?
Professional forecasts abound, but what does the general public think will happen with the economy?
Journal Article
The Large Gap in Stock Market Participation Between Black and White Households
White households participate in the stock market far more than Black households, contributing to the large wealth gap between them.
Journal Article
Same Target, Different Economies: A Cross-Country Analysis of Inflation
Though some countries adopt a common inflation target, nations often have different patterns of inflation.
What Drives Changes in Inflation?
Examining the inflationary trends of key components of the PCE price index can help provide insight into recent movements in consumer prices.
Journal Article
On the Relative Performance of Inflation Forecasts
Inflation expectations constitute important components of macroeconomic models and monetary policy rules. We investigate the relative performance of consumer, professional, market-based, and model-based inflation forecasts. Consistent with the previous literature, professional forecasts most accurately predict one-year-ahead year-over-year inflation. Both consumers and professionals overestimate inflation over their respective sample periods. Market-based forecasts as measured by the swap market breakeven inflation rates significantly overestimate actual inflation; Treasury ...
Breaking Down the Contributors to High Inflation
Sharp increases in prices of durable and nondurable goods have been behind the recent rise in U.S. inflation.
Pension or 401(k)? Retirement Plan Trends in the U.S. Workplace
An analysis describes the declining prevalence of defined-benefit pensions in favor of defined-contribution retirement plans in the U.S. workplace over time.
St. Louis Fed Research Associates Discuss Work and Experiences
RAs help the St. Louis Fed’s staff of economists investigate topics ranging from productivity to unemployment.