House Price Booms, Then and Now
House prices rose rapidly in the run-up to the crash of 2007, but not everywhere. Understanding why can help us prepare for future recessions.
Understanding Gentrification’s Causes
What do three centuries of Philadelphia history tell us about today?s changing neighborhoods?
How Accurate Are Long-Run Employment Projections?
The occupational mix has been changing for decades. Planners and decision makers need to know how it will continue to change, and why.
Housing's Role in the Slow Recovery
Why did homebuilding recover so slowly after the Great Recession? Burcu Eyigungor examines some unusual supply and demand factors during the boom and bust and explores why home construction is so important to economic recoveries.
No More Californias
As American mobility declines, some wonder if we've lost our pioneer spirit. A closer look at the data suggests that the situation is less dire— and more complicated—than it at first appears.
Banking Trends: How Foreign Banks Changed After Dodd–Frank
The Great Recession and the Wall Street Reform and Consumer Protection Act of 2010 both affected how foreign banks operate in the U.S.
Monetary policy and the new normal
Is the economy in for a prolonged spell of slow growth, as some believe, or a burst of innovation and productivity? In either event, policymakers must pay close attention to productivity trends.
The Graying of Household Debt in the U.S.
America is aging, and older Americans are now borrowing more than they used to. This has consequences for both ﬁscal and monetary policymaking.
Exploring the Economic Effects of the Opioid Epidemic
Hundreds of thousands of Americans have died from opioid overdoses in recent years. What has this epidemic done to the economy? And why is the crisis so much worse right here in the Third District?
Investing in Elm Street: What Happens When Firms Buy Up Houses?
Since the onset of the mortgage crisis in 2007, a much larger than normal share of single-family houses listed for sale in the U.S. each year has been purchased by institutional investors?Wall Street firms, real estate trusts, international funds, and so on. This phenomenon has been easing since 2013, but investor activity remains widespread and is particularly prevalent in high-foreclosure areas such as Las Vegas and Atlanta, where prices had soared during the housing bubble and, after the crash, severe house price downturns occurred. This trend is also growing in areas of the country where ...