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Series:Economic Synopses 

Journal Article
Which Earnings Groups Have Been Most Affected by the COVID-19 Crisis?

When the pandemic caused unemployment to skyrocket, the lowest earners were the hardest hit.
Economic Synopses , Issue 37

Journal Article
Can monetary policy affect GDP growth?

We merely want to see whether, historically, fast growth of the monetary base has been associated with faster growth of real output.
Economic Synopses

Journal Article
Real estate bubbles and weak recoveries

The slow economic recovery may be, at least in part, the natural result of the real estate bubble.
Economic Synopses

Journal Article
Employment and Capacity Utilization Over the Business Cycle

Capacity and employment are affected by cyclical factors, but employment must also adjust to structural factors.
Economic Synopses , Issue 19 , Pages 1-2

Journal Article
The European debt crisis and U.S. economic growth

The recent strengthening of the correlations between U.S. GDP growth and that of Mexico, Canada, and Euro-19 validates further consideration of the performance of U.S. trade partners for growth.
Economic Synopses

Journal Article
The Housing Supply Puzzle: Part 2, Rental Demand

In Part 1 ("Divergent Markets") of this three-part series, we document that the recent divergence in inventories of new and existing homes seems to reflect a scarcity of lower- and middle-tier homes. We now examine one potential factor contributing to this shortage: rental demand.
Economic Synopses , Issue 10 , Pages 1-2

Journal Article
Manufacturing and Service Sector Roles in the Evolution of Innovation and Productivity

The relative size of the manufacturing sector in an economy depends on its stage of development. As economies become more industrialized, employment and output increase rapidly. Eventually, for large-enough levels of development, the contribution of the manufacturing sector starts declining in favor of the service sector.
Economic Synopses , Issue 2 , Pages 1-3

Journal Article
Forward guidance 101A: a roadmap of the U.S. experience

Forward guidance consists of communicating to the public the stance of monetary policy that is expected to prevail in the future.
Economic Synopses

Journal Article
Unintended Consequences of Coronavirus-Related Unemployment Insurance Tax Laws

Waived employer payroll tax increases for state unemployment insurance appear to have increased layoffs.
Economic Synopses , Issue 21

Journal Article
Should food be excluded from core CPI?

The greater a component?s SNR, the more useful the component should be in forecasting headline CPI.
Economic Synopses




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