Economic Review
Articles on macroeconomics, monetary policy, banking, financial markets, payments, and regional and international economics.
Recent Articles
Catching Up or Falling Behind? The Pace of Income Convergence in Rural and Urban America
Slowing rates of income convergence suggest the relative gap between average rural and urban income could persist.
Investigating the Recent Decline in Community College Enrollment
Community college enrollment has fallen since 2010, driven mainly by demand factors.
Understanding the Role of Wealth in Worker Flows
Workers in wealthier households tend to experience lower job loss rates and switch jobs less frequently.
Assessing Labor Market Conditions Across Regions
A new version of the LMCI calculated at the Census division level can capture variation in regional labor market conditions.
Estimating the Effects of Monetary Policy: An Ongoing Evolution
New monetary policy tools have lengthened the interval over which policy news is transmitted and processed.
Reassessing Zero Lower Bound Risk: Safe Assets and Interest Rates Post-Pandemic
A higher supply of government debt since the pandemic has likely contributed to an increase in the normal level of interest rates.
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