Recent Research

Death of Coal and Breath of Life: The Effect of Power Plant Closure on Local Air

By Jason P. Brown and Colton Tousey
October 15, 2020 | Research Working Paper
The closure of a coal-fired power plant reduces local air pollution and mortality probabilities with an estimated local benefit of $1 to $4 billion.

Deciphering Federal Reserve Communication via Text Analysis of Alternative FOMC Statements

By Taeyoung Doh, Dongho Song and Shu-Kuei Yang
October 15, 2020 | Research Working Paper
A new text-analysis method finds that the wording of FOMC statements can have significant effects on financial markets.

The KC Fed LMCI suggests the level of activity increased in September while momentum decelerated

October 07, 2020 | Labor Market Conditions Indicators
The KC Fed LMCI suggests the level of activity increased in September while momentum decelerated.

Household Financial Distress and the Burden of “Aggregate” Shocks

By Kartik Athreya, Ryan Mather, José Mustre-del-Río and Juan M. Sánchez
October 05, 2020 | Research Working Paper
Accounting for household financial distress helps explain large regional differences in spending responses during recessions.

Job Loss, Job Training and Labor Market Scarring in the Rocky Mountain Region

By Nicholas Sly and Bethany Greene
October 05, 2020 | 3rd Quarter 2020
In this edition of the Rocky Mountain Economist we highlight on-the-job training for workers in the United States and the Rocky Mountain region and document job losses across occupations that vary in their required amounts of on-the-job training during this public-health induced downturn.

Economic Review

Unconventional Monetary Policy and International Interest Rate Spillovers

By Karlye Dilts Stedman
October 15, 2020 | Economic Review
Expansionary spillovers from foreign central banks may have weighed down long-term interest rates in the United States since 2015.

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.
Read more Economic Review articles

Main Street Views

View all of our research on macroeconomics, monetary policy, payments, banking, regional and community issues in one location.

Agriculture & the Economy

Insights on agricultural and rural economies regionally and nationally.

Banking, Payments & Financial Markets

Issues affecting the banking and payments industries.

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.