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Series:Chicago Fed Letter 

Newsletter
Economic Outlook Symposium: summary of 2004 results and forecasts for 2005

The forecasters expect more moderate economic growth during 2005, with some reduction in activity in the housing sector and a slower pace of consumer spending growth than in the past several years.
Chicago Fed Letter , Issue Feb

Newsletter
How did unemployment insurance extensions affect the unemployment rate in 2008–10?

During recessions, it is common for the federal government to extend the standard unemployment insurance (UI) program. Many economic studies have shown that workers who receive UI extensions tend to take longer to find new employment, leading to a somewhat longer average duration of unemployment among all workers.
Chicago Fed Letter , Issue Apr

Newsletter
How regions can benefit from flexible environmental compliance

Chicago Fed Letter , Issue Sep

Newsletter
The Impact of the Covid-19 Pandemic on Health Insurers

The U.S. health insurance industry, which owns over $380 billion in financial assets, was placed in the spotlight when the Covid-19 pandemic began in the spring of 2020.1 The pandemic led to health-care-specific changes, such an increase in Covid-19 testing and related hospitalizations, as well as a temporary postponement or cancellation of elective procedures to make space for Covid-19 patients. It also led to changes in financial markets, notably a decrease in interest rates. These changes affected the risks that health insurers are subject to and the overall profitability of the industry.
Chicago Fed Letter , Volume No 471

Newsletter
How liquid are U.S. life insurance liabilities?

This article describes the liquidity of various life insurance products and provides a measure that can be used to characterize the liquidity of the liabilities of the industry as a whole or of a particular firm.
Chicago Fed Letter , Issue Sep

Newsletter
The return of Central Europe

Chicago Fed Letter , Issue May

Newsletter
The dollar and the federal funds rate

Chicago Fed Letter , Issue Aug

Newsletter
Private schools and school enrollment in Chicago

Does enrollment in private school increase educational attainment? After reviewing some research on national trends concerning private (versus public) schooling, the author examines how private school options in the Chicago metropolitan area might affect academic achievement for various demographic groups.
Chicago Fed Letter , Issue Oct

Newsletter
Helping Homeowners During the Covid-19 Pandemic: Lessons from the Great Recession

The Covid-19 public health crisis has sharply reduced the earnings of millions of U.S. households, following the severe curtailment of economic activity needed to contain the spread of the virus. Meanwhile, households continue to confront their ongoing financial obligations. The ability of households to manage these obligations has important consequences for the speed at which the U.S. economy can recover from the current crisis. Households that are wiped out financially in the coming months will not be in a position to strongly resume spending once the virus containment issues have passed. ...
Chicago Fed Letter , Issue 443

Newsletter
The Role of Primary Dealers in Mitigating Liquidity Risk at U.S. Central Counterparties

In this article, we examine the role of primary dealers as clearing members at U.S. central counterparties (CCPs) and their importance in liquidity risk management at those CCPs. We find that primary dealers are key contributors to concentration in central clearing—they make up a significant portion of clearing members and an even larger portion of activity cleared by U.S. CCPs. Second, we find that primary dealers are a major source of interconnectedness across U.S. CCPs. Further, we estimate that the bulk of clearing activity in the U.S. is conducted by the primary dealers that are also ...
Chicago Fed Letter , Volume 510 , Pages 8

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