Recent Research

Public Pension Reforms and Fiscal Foresight: Narrative Evidence and Aggregate Implications

By Huixin Bi and Sarah Zubairy
August 03, 2020 | Research Working Paper
News about future pension retrenchments leads to a decline in the labor force participation rate for people close to retirement and an increase in old-age pension spending.

Rocky Mountain Housing through the COVID-19 Pandemic

By Nicholas Sly
July 15, 2020 | 2nd Quarter 2020
The number of U.S. households unable to make housing payments has risen modestly and households in the Rocky Mountain region generally have had fewer missed payments than the national average. However, a substantial share of households indicated economic stimulus payments or unemployment insurance benefits helped them meet recent housing expenses.

The Unintended Consequences of Employer Credit Check Bans for Labor Markets

By Kristle Cortés, Andrew Glover and Murat Tasci
July 15, 2020 | Research Working Paper
Job vacancies decline significantly when laws forbid employers from using credit reports in the hiring process.

Housing Market Value Impairment from Future Sea-level Rise Inundation

By David Rodziewicz, Christopher J. Amante, Jacob Dice and Eugene Wahl
July 15, 2020 | Research Working Paper
Sea level rise will pose increased risks to U.S. coastal real estate markets in the coming decades, though the direct economic costs depend on the severity and uncertainty within climate-change scenarios.

Policymakers Have Options for Additional Accommodation: Forward Guidance and Yield Curve Control

By Brent Bundick and A. Lee Smith
July 15, 2020 | Economic Bulletin
Forward guidance about future interest rates could deliver much, though not all, of the policy accommodation of yield curve control.

Economic Review

What to Do about Fannie and Freddie: A Primer on Housing Finance Reform

By Jordan Rappaport
July 09, 2020 | Economic Review
Policymakers face several issues in reforming the current system of mortgage finance toward one in which the government plays a less direct role.

Reshuffling in Soybean Markets following Chinese Tariffs

By Cortney Cowley
June 18, 2020 | Economic Review
Chinese tariffs on U.S. soybeans could reduce the global competitiveness of U.S. soybeans in the longer term.

Mobile Banking Use and Consumer Readiness to Benefit from Faster Payments

By Fumiko Hayashi and Ying Lei Toh
April 17, 2020 | Economic Review
Consumers who are younger, higher income, college-educated, or employed are the most ready to benefit from faster payments.

Population Turnover and the Growth of Urban Areas

By Jason P. Brown and Colton Tousey
March 26, 2020 | Economic Review
More people are moving to and from large urban areas, leading to faster population growth over time.

Corporate Leverage and Investment

By W. Blake Marsh, David Rodziewicz and Karna Chelluri
February 27, 2020 | Economic Review
Firms with more debt invest less in the future.
Read more Economic Review articles

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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

The Kansas City Fed Data Curation Initiative

KCDC staff select, evaluate, and present information about data sources to help researchers more easily understand how certain data are created, described, and used.

Monetary Policy & Macroeconomics

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

Community Research

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

Regional Research

Economic geography and developments for national monetary policy deliberations.