Recent Research

Opportunity Knocks: Improved Matching of Jobs and Workers

By Didem Tüzemen and Jonathan L. Willis
Macro Bulletin Tüzemen and Willis illustrate that over the past year, workers found jobs more closely matched to their educational attainment. 

Change Is Coming: What the EMV Migration May Mean for Payments Innovation

By Terri Bradford and Jesse Leigh Maniff 
Payments System Research BriefingThis article considers how the upcoming shift from magnetic stripe to chip technology may affect the survival of card-based payment innovations.

What Could Lower Prices Mean for U.S. Oil Production?

By Nida Cakir Melek 
Macro Bulletin Melek estimates the effects of the recent oil price decline on 2015 oil production.

Are Longer-Term Inflation Expectations Stable?

By Brent Bundick and Craig Hakkio
Macro Bulletin Bundick and Hakkio use survey data to evaluate the stability of forecasters' long-term inflation expectations.

Should Monetary Policy Monitor Risk Premiums in Financial Markets?

By Taeyoung Doh, and Guangye Cao and Daniel Molling
Macro Bulletin Doh, Cao, and Molling examine whether risk premiums can predict future economic growth and whether monetary policy can influence risk premiums.

Credit Scoring and Loan Default

By Geetesh Bhardwaj and Rajdeep Sengupta
Research Working Paper The performance of FICO scores as measures of borrowers' creditworthiness on subprime mortgage originations remains stable over time after controlling for other loan attributes and changes in economic conditions.

Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy

By Susanto Basu and Brent Bundick
Research Working PaperWhen prices adjust slowly to changing economic conditions, higher uncertainty about the future can cause a recession. Uncertainty played a non-trivial role in amplifying the Great Recession.

Economic Review

Commemorating 100 Years of Research

By Esther L. George
This year, the Kansas City Fed will commemorate the centennial of its flagship research publication, the Economic Review. Esther L. George, the Bank's President and Chief Executive Officer, highlights how the publication has evolved over time.

What Could Lower Prices Mean for U.S. Oil Production?

By Nida Cakir Melek 
Author estimates the effects of the recent oil price decline on 2015 oil production.

Bank Consolidation and Merger Activity Following the Crisis

By Michal Kowalik, Troy Davig, Charles S. Morris and Kristen Regehr
The authors analyze the financial characteristics of acquired banks with assets of $1 billion or less from 2011 to 2014 and find these banks had much in common.

Should Monetary Policy Monitor Risk Premiums in Financial Markets?

By Taeyoung Doh, and Guangye Cao and Daniel Molling
Authors examine whether risk premiums can predict future economic growth and whether monetary policy can influence risk premiums.

More articles

Jackson Hole Economic Policy Symposium

Our annual symposium draws central bankers, policymakers, academics and economists from around the world. The proceedings include papers, commentaries and discussions. About the Symposium | Archive

Monetary Policy & Macroeconomics

Issues of importance to the Federal Reserve, including financial markets, banking, monetary policy and more.

Banking, Payments & Financial Markets

Issues affecting the banking and payments industries.

Regional Research

Economic geography and developments for national monetary policy deliberations.

Community Research

Economic issues affecting low- and moderate- income communities, including fair and impartial access to credit.

Agriculture & Rural Economies

Insights on agricultural and rural economies regionally and nationally.