Search Results
Briefing
Does money still matter for monetary policy?
Haltom, Renee Courtois
(2013-05)
Economists agree that inflation is a monetary phenomenon, but since 1982, monetary policymakers have demoted measures of the money supply from prime targets to key indicators to incidental byproducts. With excess bank reserves at all-time highs, however, measures of money may have a renewed purpose as red flags for inflation.
Richmond Fed Economic Brief
, Issue May
, Pages 1-6
Briefing
How Much Does Household Consumption Impact Business Cycles?
Matthes, Christian; Schwartzman, Felipe
(2021-08)
Richmond Fed Economic Brief
, Volume 21
, Issue 25
Briefing
Projecting the Evolution of the Fed's Balance Sheet
Kirk, Kyler; Ennis, Huberto M.
(2022-04)
As the Fed embarks on balance sheet policy normalization, there is natural interest in understanding the projected evolution of the Fed's asset portfolio over the next three to four years. Several important assumptions are needed to be able to predict the path of the balance sheet. Based exclusively on public information, we use alternative sets of plausible assumptions to construct and analyze several different scenarios for the future of this critical policy-relevant lever.
Richmond Fed Economic Brief
, Volume 22
, Issue 15
Briefing
The Pandemic, Child Care and Women’s Labor Force Participation
Latham, Sierra; Athreya, Kartik B.
(2022-05)
The pandemic has changed how households work, spend and care for children. In this Economic Brief, we highlight economic research that examines the patterns seen in women's work experiences in particular. We look at both the pandemic and, more generally, how shocks to the economy affect women's work decisions. Throughout, we will try to connect what we observe to households' broader economic environments and will emphasize — in the case of the pandemic — the role of away-from-home child care.
Richmond Fed Economic Brief
, Volume 22
, Issue 16
Briefing
Explaining the car industry cluster: the case of U.S. car makers from 1895-1969
Wang, Zhu; Price, David A.
(2012-10)
The geographic clustering of companies within an industry is often attributed to several agglomeration economies: intra-industry spillovers (benefits from proximity to firms in the same industry), inter-industry spillovers (benefits from proximity to firms in related industries), and spinoffs (firms established by former employees of a company in the same industry). Analysis of data on the U.S. auto industry in its first 75 years sheds light on the relative importance of those forces to the clustering of car makers
Richmond Fed Economic Brief
, Issue Oct
Briefing
Climate Change and Financial Stability? Recalling Lessons from the Great Recession
Phan, Toan
(2021-08)
Richmond Fed Economic Brief
, Volume 21
, Issue 27
Briefing
Understanding the Surge in Commercial Real Estate Lending
Muething, Catherine; Fessenden, Helen
(2017-08)
U.S. banks have increased their commercial real estate (CRE) lending significantly in the past five years. Economists and regulators note that some positive factors are driving this trend, but they also see potential risks. Analysts at the Richmond Fed have found that some banks could be especially vulnerable if economic conditions deteriorate. These include institutions that are in certain major urban areas and have high concentrations of CRE loans, rapid CRE loan growth, and heavy reliance on "noncore" (or illiquid) funding. But the analysts also conclude that, overall, banks' CRE exposures ...
Richmond Fed Economic Brief
, Issue August
Briefing
Detecting Inflation Instability
Wolman, Alexander L.
(2023-03)
In a stable monetary policy regime, the share of relative price increases helps to explain monthly inflation fluctuations. We illustrate this regularity with U.S. data from January 1995 through February 2020, then we use it to evaluate whether the regime has remained stable during the pandemic period. From March 2021 to February 2022, the behavior of inflation and the share of relative price increases was inconsistent with the pre-pandemic regime. Recent data show some signs of a return to that regime.
Richmond Fed Economic Brief
, Volume 23
, Issue 11
Briefing
How Couples Approach Portfolio Allocation
Lazaryan, Nika; Neelakantan, Urvi; Fessenden, Helen
(2017-02)
The classical theory of household portfolio allocation finds that the share of household wealth invested in risky assets is independent of the level of household wealth. However, this prediction is at odds with empirical observations. This Economic Brief presents findings that reconcile the two. A model in which a household's portfolio allocation reflects the preferences of both spouses, adjusted for the bargaining power of each spouse, predicts that the wealthier a household becomes, the greater the share of its wealth will be invested in risky assets.
Richmond Fed Economic Brief
, Issue February
Briefing
What Does the FOMC's Shift in Fed Funds Rate Target Language Mean?
Wolman, Alexander L.
(2021-07)
Richmond Fed Economic Brief
, Volume 21
, Issue 22
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of Richmond 345 items
FILTER BY Series
FILTER BY Content Type
Briefing 345 items
FILTER BY Author
Lubik, Thomas A. 27 items
Price, David A. 25 items
Sablik, Timothy 24 items
Romero, Jessica Sackett 20 items
Haltom, Renee Courtois 19 items
Ennis, Huberto M. 16 items
Hornstein, Andreas 16 items
Neelakantan, Urvi 16 items
Jones, John Bailey 15 items
Schwartzman, Felipe 15 items
Sarte, Pierre-Daniel G. 14 items
Wolman, Alexander L. 14 items
Athreya, Kartik B. 13 items
Kudlyak, Marianna 13 items
Pinto, Santiago 12 items
Trachter, Nicholas 12 items
Waddell, Sonya Ravindranath 12 items
Wang, Zhu 12 items
Gordon, Grey 11 items
Matthes, Christian 11 items
Macaluso, Claudia 10 items
Mullin, John 10 items
Phan, Toan 10 items
Rhodes, Karl 10 items
Walter, John R. 10 items
Wong, Russell 10 items
Fessenden, Helen 9 items
Karabarbounis, Marios 9 items
Morales, Nicolas 9 items
Grochulski, Borys 8 items
Ho, Paul 8 items
Yeh, Chen 7 items
Azzimonti-Renzo, Marina 6 items
Courtois, Renee 6 items
Slivinski, Stephen 6 items
Steelman, Aaron 6 items
Sultanum, Bruno 6 items
Borovickova, Katrina 5 items
Henry, Erin 5 items
Jarque, Arantxa 5 items
O'Trakoun, John 5 items
Sapriza, Horacio 5 items
Weinberg, John A. 5 items
Wells, Matthew 5 items
Prescott, Edward Simpson 4 items
Wyckoff, Acacia 4 items
Edwards, Zach 3 items
Gholami, Samira 3 items
Hatchondo, Juan Carlos 3 items
Latham, Sierra 3 items
Li, Lindsay 3 items
Li, Yue 3 items
Mulloy, Conner 3 items
Nash, Betty Joyce 3 items
Romero, Jessie 3 items
Taylor, Jack 3 items
Balla, Eliana 2 items
Barnichon, Regis 2 items
Chiu, Jonathan 2 items
Davis, Steven J. 2 items
De Nardi, Mariacristina 2 items
French, Eric 2 items
Ghent, Andra C. 2 items
Gortz, Christoph 2 items
Gunn, Christopher 2 items
Hedlund, Aaron 2 items
Hetzel, Robert L. 2 items
Ionescu, Felicia 2 items
Khanna, Guarav 2 items
Kirk, Kyler 2 items
Kovner, Anna 2 items
Lacker, Jeffrey M. 2 items
Lazaryan, Nika 2 items
Lee, Munseob 2 items
Marre, Alexander W. 2 items
McGee, Rory 2 items
Merone, Brennan 2 items
Owens, Raymond E. 2 items
Pandalai-Nayar, Nitya 2 items
Patel, Kushal 2 items
Pellerin, Sabrina 2 items
Perez-Quiros, Gabriel 2 items
Reilly, Devin 2 items
Richardson, Gary 2 items
Robino, Nathan 2 items
Rupasingha, Anil 2 items
Scavette, Adam 2 items
Schnorbus, Robert H. 2 items
Turner, Sarah 2 items
Vidangos, Ivan 2 items
Watson, Aileen 2 items
Webb, Roy H. 2 items
Zakrajšek, Egon 2 items
Zeuli, Kimberly 2 items
Atencio De Leon, Andrea 1 items
Banerjee, Manyu 1 items
Barkin, Tom 1 items
Bauer, Andrew 1 items
Benati, Luca 1 items
Bhandari, Anmol 1 items
Blackwell, Margaretta 1 items
Blandin, Adam 1 items
Borovicka, Jaroslav 1 items
Brinatti, Agostina 1 items
Bryan, Kevin A. 1 items
Canon, Maria E. 1 items
Castro-Vincenzi, Juanma 1 items
Chaumont, Gaston 1 items
Cipriani, Marco 1 items
Colacito, Riccardo 1 items
Conzelmann, Claire 1 items
Cook, Emily E. 1 items
Cox, Judy R. 1 items
Debbaut, Peter 1 items
Desch, T. Stuart 1 items
Devon, Gorry 1 items
Dupor, Bill 1 items
Dyskant, Lucas 1 items
Eisenbach, Thomas M. 1 items
Ellul, Andrew 1 items
Farbman, Simon 1 items
Foerster, Andrew 1 items
Fulford, Scott L. 1 items
Fuller, Brandon 1 items
Gaines, Brian 1 items
Garvey, Nick 1 items
Gorry, Aspen 1 items
Guerrón-Quintana, Pablo 1 items
Gunn, Sarah 1 items
Gupta, Arun 1 items
Haddad, Valentin 1 items
Haltom, Nicholas 1 items
Han, Pengfei 1 items
Harnish, Molly 1 items
Henly, Samuel E. 1 items
Herrington, Christopher 1 items
Hirtle, Beverly 1 items
Hoffman, Bridget 1 items
Hopenhayn, Hugo A. 1 items
House, Mark 1 items
Hoy, Tammie 1 items
Huther, Jeff W. 1 items
Ikeda, Daisuke 1 items
Johnson, Joseph R. 1 items
Khanna, Gaurav 1 items
Krause, Michael U. 1 items
Krishnamurthy, Kiran 1 items
Kurmann, Andre 1 items
Lale, Etienne 1 items
Lange, Fabian 1 items
Laski, Reiko 1 items
Lawrence, Ross 1 items
Lecznar, Jonathan 1 items
Leiva-Leon, Danilo 1 items
Leiva-León, Danilo 1 items
Link, Elizabeth 1 items
Liu, Laura 1 items
Loualiche, Erik 1 items
Macheras, Ann 1 items
Malek, Hoossam 1 items
Marques, David 1 items
Martinez, Leonardo 1 items
McCord, Roisin 1 items
McMillan, Tre' 1 items
Mead, Tim 1 items
Mehkari, M. Saif 1 items
Mehra, Yash P. 1 items
Morrison, Wendy 1 items
Muething, Catherine 1 items
Murphy, Matthew 1 items
Murphy, Thomas 1 items
Obstfeld, Maurice 1 items
Owens, Andrew 1 items
Petrova, Katerina 1 items
Phelps, Hailey 1 items
Price, David 1 items
Ramachandran, David 1 items
Robinson, Breck L. 1 items
Rose, Morgan J. 1 items
Ruge-Murcia, Francisco J. 1 items
Sabol, Steven 1 items
Sanchez, Juan M. 1 items
Schwam, Daniel 1 items
Sclip, Alex 1 items
Sharp, Robert 1 items
Silva, André F. 1 items
Smith, Brent C. 1 items
Sow, Pauline 1 items
Stilwell, Anne 1 items
Tompkins, Jonathan 1 items
Vazquez-Grande, Francisco 1 items
Vellodi, Nikhil 1 items
Verona, Fabio 1 items
Watson, Mark 1 items
Weiss, Joshua 1 items
Wissuchek, Elaine 1 items
Yankov, Vladimir 1 items
Zhang, Yuzhe 1 items
show more (193)
show less
FILTER BY Keywords
inflation 22 items
monetary policy 15 items
Business cycles 11 items
Economic Growth and Fiscal Policy 11 items
Financial markets 11 items
Monetary policy 11 items
Inflation 8 items
labor market 8 items
unemployment 8 items
Financial institutions 7 items
Recessions 7 items
employment 7 items
Banking and Finance 6 items
COVID-19 6 items
Education and Labor Markets 6 items
Unemployment 6 items
Credit 5 items
Economic growth 5 items
Inflation (Finance) 5 items
Labor market 5 items
Pandemic 5 items
Regional and Urban Economics 5 items
economic growth 5 items
education 5 items
productivity 5 items
recession 5 items
Economic Growth 4 items
Employment and labor markets 4 items
Monetary Policy 4 items
business cycles 4 items
macroeconomics 4 items
COVID 3 items
FOMC 3 items
Fiscal Policy 3 items
Fiscal policy 3 items
Housing 3 items
Immigration 3 items
Payment systems 3 items
Trade 3 items
banking 3 items
climate change 3 items
consumption 3 items
cryptocurrency 3 items
housing 3 items
immigration 3 items
innovation 3 items
interest rates 3 items
labor force 3 items
migration 3 items
rural 3 items
spending 3 items
student loans 3 items
trade 3 items
Average Effective Tariff Rate 2 items
Banks and banking 2 items
Business Cycles 2 items
China 2 items
Consumer finance 2 items
Digital Currency 2 items
Economic conditions 2 items
Federal Reserve District, 5th 2 items
Financial Markets 2 items
Financial Regulation 2 items
GDP 2 items
Incentives 2 items
International Economics 2 items
Knowledge diffusion 2 items
Mortgage loans 2 items
Natural real rate of interest 2 items
Race 2 items
Regional economics 2 items
Risk 2 items
Tariffs 2 items
VAR 2 items
asset bubbles 2 items
banks 2 items
cities 2 items
covid-19 2 items
economy 2 items
elderly 2 items
financial regulation 2 items
fiscal policy 2 items
heterogeneity 2 items
household consumption 2 items
households 2 items
housing finance 2 items
housing prices 2 items
industry 2 items
inequality 2 items
insurance 2 items
international economics 2 items
international trade 2 items
labor markets 2 items
lending 2 items
liquidity 2 items
market power 2 items
markets 2 items
medical spending 2 items
pandemic 2 items
presidential elections 2 items
production and investment 2 items
r* 2 items
recap 2 items
remote work 2 items
seasonality 2 items
startups 2 items
supply chains 2 items
technology 2 items
wages 2 items
wealth-gap 2 items
women 2 items
women in economics 2 items
5th district 1 items
AI 1 items
Access to Credit 1 items
African-American 1 items
African-American Income 1 items
Assets 1 items
Automobile industry and trade 1 items
Bank Credit 1 items
Banking 1 items
Banks 1 items
CBDC 1 items
COVID 19 1 items
CRE 1 items
Canada 1 items
Central Bank Digital Currencies 1 items
Central Bank Digital Currency 1 items
Collateral channel 1 items
College 1 items
College access 1 items
Community colleges 1 items
Community development 1 items
Commuting 1 items
Consumer Finance 1 items
Consumer Spending 1 items
Consumers 1 items
Core Inflation 1 items
Core Week 1 items
Counties 1 items
Credit Cards 1 items
Credit cards 1 items
Customer base 1 items
Default 1 items
Demographics 1 items
Demography 1 items
Diffusion indexes 1 items
Discount Window 1 items
Dual mandate 1 items
East Germany 1 items
Economic Development 1 items
Economic Growth and Fiscal Policy Article 1 items
Economic Stabilization 1 items
Economic surveys 1 items
Electronic Payments 1 items
Employment 1 items
Employment stabilization policies 1 items
Endogenous productivity 1 items
Energy policy 1 items
Environmental policy 1 items
European Union 1 items
Eurozone 1 items
Exports 1 items
FTX 1 items
Fed System 1 items
Federal Reserve 1 items
Federal Reserve Balance Sheet 1 items
Fifth District 1 items
Finance 1 items
Financial Legislation 1 items
Financial Markets and Institutions 1 items
Financial literacy 1 items
Financial regulation 1 items
Firms 1 items
Fiscal Multiplier 1 items
Fiscal theory of the price level 1 items
Fixed cost 1 items
Foreclosure 1 items
GDP-indexed Debt 1 items
GSIB 1 items
Geographic mobility 1 items
Gini Coefficient 1 items
H-1B lottery 1 items
Heterogeneous Agents 1 items
Household Wealth 1 items
Household behavior 1 items
Household portfolios 1 items
Hurricane Helene 1 items
IT sector 1 items
Income distribution 1 items
India 1 items
Inflation Shocks 1 items
Inflation stabilization 1 items
Information-Based Theory of Financial Intermediation 1 items
Innovation 1 items
Interest Rates 1 items
Interest rates 1 items
Japan 1 items
Labor Markets 1 items
Labor force 1 items
Macroeconomic modeling 1 items
Macroeconomics 1 items
Macroeconomics - United States 1 items
Manufacturing Industries 1 items
Market-based regulation 1 items
Markups 1 items
Marvin Goodfriend 1 items
Medicaid 1 items
Monetary History 1 items
Monetary Policy and Inflation 1 items
Monetary policy and inflation 1 items
Money 1 items
Moral hazard 1 items
Mortgages 1 items
Natives 1 items
Net Interest Margin 1 items
Over-the-counter (OTC) Market 1 items
Overnight Reserve Repo 1 items
PCE 1 items
PSLF 1 items
Payment 1 items
Payments 1 items
Peru 1 items
Place-Based Policies 1 items
Politics 1 items
Price-Cost markups 1 items
Prison 1 items
Producer prices 1 items
Profits 1 items
Rate cycles 1 items
Real Estate 1 items
Regional Variation 1 items
Retirement 1 items
Rural 1 items
SWIFT 1 items
Savings 1 items
School 1 items
Sellers Agents 1 items
Service Industries 1 items
Small Business 1 items
Small business 1 items
Social Security 1 items
Sovereign Debt Default 1 items
Sovereign debt 1 items
Standing Repo Facility 1 items
Student loan default 1 items
Student loans 1 items
System Open Market Account 1 items
TVP-VAR 1 items
Trade Policy 1 items
Treasury yield curve 1 items
Trend inflation 1 items
Unemployment Insurance (UI) 1 items
United Kingdom 1 items
United States 1 items
Volatility 1 items
advertising 1 items
aggregate inflation 1 items
aging demographics 1 items
agriculture 1 items
ample reserves regime 1 items
antitrust policy 1 items
artificial intelligence 1 items
asymmetry 1 items
attainment 1 items
attendance 1 items
autoregressions 1 items
bank deposits 1 items
bank run 1 items
bank runs 1 items
banking crises 1 items
bitcoin 1 items
blockchain 1 items
boards 1 items
bubbles 1 items
building and loan 1 items
business dynamics 1 items
business dynamism 1 items
business formation 1 items
cash 1 items
casinoes 1 items
central bank digital currency 1 items
central banks 1 items
centrality 1 items
certificates of deposit (CDs) 1 items
childcare 1 items
climate risks 1 items
college 1 items
college enrollment 1 items
college tuition 1 items
college-value 1 items
commercial gambling 1 items
commercial real estate 1 items
commuting patterns 1 items
complementarity 1 items
conference recap 1 items
consumer credit 1 items
consumer prices 1 items
consumption segregation 1 items
consumption tax 1 items
core goods inflation 1 items
corporate bonds 1 items
corporate credit risk 1 items
credit markets 1 items
crypto conglomerate 1 items
cryptocurrency regulations 1 items
currencies 1 items
current account 1 items
current account deficit 1 items
decoupling 1 items
demographics 1 items
demography 1 items
department of education 1 items
deregulation 1 items
diffusion 1 items
diffusion index 1 items
digital currencies 1 items
disaster risk 1 items
discount window 1 items
domestic outsourcing 1 items
earnings gap 1 items
economic activity 1 items
economic connectivity 1 items
economic cycles 1 items
economic development 1 items
economic impact 1 items
economic indicators 1 items
economic inequality 1 items
economic losses 1 items
economic policy uncertainty 1 items
economic shocks 1 items
elasticity 1 items
employee recruitment 1 items
enrollment 1 items
entrepreneurs 1 items
environment 1 items
exchange rates 1 items
federal reserve 1 items
female labor market 1 items
financial institutions 1 items
financial distress 1 items
financial institutions 1 items
financial liberalizations 1 items
financial stability 1 items
financial stress 1 items
fintech 1 items
firm specialization 1 items
firms 1 items
fiscal multipliers 1 items
flattening 1 items
fluctuations 1 items
full employment 1 items
funding 1 items
gambling 1 items
global capital market 1 items
global systemically important banks 1 items
governance 1 items
government budget constraint 1 items
government revenue 1 items
government-sponsored enterprises 1 items
graduation rates 1 items
gross domestic product 1 items
hard default 1 items
health care 1 items
health insurance 1 items
high frequency events 1 items
higher education 1 items
home mortgage 1 items
homebuying 1 items
household financial distress 1 items
housing crisis 1 items
housing market 1 items
human capital and labor 1 items
hybrid 1 items
hybrid learning 1 items
immigration policy 1 items
incentives 1 items
income 1 items
income distribution 1 items
income growth 1 items
income inequality 1 items
income tax 1 items
india 1 items
industrial outputs 1 items
inflation expectations 1 items
inflationary trade-offs 1 items
information friction 1 items
infrastructures 1 items
intellectual property rights 1 items
interest rate projections 1 items
intergenerational inequality 1 items
intermediation 1 items
international credit markets 1 items
international official lending 1 items
international trade links 1 items
intrinsic inflation persistence 1 items
investing 1 items
investment cycles 1 items
investors 1 items
job ladder 1 items
job performance 1 items
labor costs 1 items
labor force participation 1 items
labor market powe 1 items
laspeyres price index 1 items
learning declines 1 items
lenders 1 items
lending programs 1 items
lfp 1 items
loan forgiveness 1 items
loan-delinquency 1 items
longitudinal employer-household dynamics 1 items
low-wage labor markets 1 items
macro-econometrics 1 items
macroeconomic models 1 items
macroeconomy 1 items
manufacturing 1 items
market competition 1 items
market concentration 1 items
maximum employment 1 items
microeconomics 1 items
minimum reserve level 1 items
monetary shocks 1 items
money market funds 1 items
monopsony 1 items
moral hazard 1 items
mortgage 1 items
mortgage duration 1 items
mortgage market 1 items
mortgage rates 1 items
mortgages 1 items
multinational enterprises 1 items
natural rate of interest 1 items
news 1 items
nim 1 items
nominal interest rates 1 items
nterest rates 1 items
occupational switching 1 items
participation rate 1 items
partisan conflict index 1 items
partisanship 1 items
passthrough rates 1 items
payments 1 items
physical asset prices 1 items
policy 1 items
population growth 1 items
portfolio allocation 1 items
postsecondary 1 items
poverty 1 items
price distribution 1 items
price increase 1 items
price inflation dynamics 1 items
price levels 1 items
price stability 1 items
pricing 1 items
private currency 1 items
private debts 1 items
production networks 1 items
property rights 1 items
public debt 1 items
r star 1 items
race 1 items
racial equity 1 items
racial wealth gap 1 items
rate cycle 1 items
real estate commission 1 items
recession indicators 1 items
recessions 1 items
recruitment 1 items
redlining 1 items
regional economics 1 items
regulation 1 items
relative price changes 1 items
relative rank distribution 1 items
repos 1 items
representation 1 items
repurchase agreements 1 items
reserves 1 items
resilience 1 items
resolvability 1 items
retirees 1 items
retirement 1 items
return-to-office 1 items
risk 1 items
risk management 1 items
rural areas 1 items
schools 1 items
sectoral inflation 1 items
sectoral policy 1 items
sentiment 1 items
signal-extraction model 1 items
skill specialization 1 items
small towns 1 items
soft default 1 items
soft landing 1 items
sorting 1 items
sovereign bonds 1 items
sovereign defaults 1 items
spatial inequality 1 items
speculation 1 items
show more (495)
show less