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Journal Article
Workers' Shrinking Share of the Pie
Features: {{p}} Economists have advanced a wide variety of explanations for why workers' share of overall income has been going down
Journal Article
Emerging equity markets in the global economy
Developing-country equity markets have changed greatly in the last several years. The author examines recent structural reforms and their effects on equity portfolio inflows in several of the most highly capitalized emerging equity markets. He also analyzes broad trends in these markets, giving particular attention to the integration of the markets with the global financial system.
Journal Article
Protecting coastal communities: managing change
Careless coastal development is threatening a bulwark of New England?s economy and quality of life. The authors offer 30 years of research on techniques for permitting change without doing harm.
Journal Article
Banking, In and Out of the Shadows
Highlighted Research of "Optimal Liquidity Policy With Shadow Banking." Borys Grochulski and Yuzhe Zhang. Economic Theory, September 2018
Briefing
Projecting Unemployment and Demographic Trends
Demographic forces have profoundly shaped the dynamics of U.S. labor force participation and unemployment over the past forty years. Recognizing the importance of these employment indicators for the conduct of monetary policy, this Economic Brief explores how they have been influenced by the U.S. population's changing gender, educational, and age profile. Based on the authors' estimates, the trend U.S. unemployment rate will decline to 4.3 percent over the next ten years as the population continues to age and increase its educational attainment.