Economic Review

A quarterly research publication with articles on macroeconomics and monetary policy, regional and international economics, banking and financial markets.

Recent Articles

Economic Review

What Happens When the Minimum Wage Rises? It Depends on Monetary Policy

The central bank’s policy stance may influence how an increase in the minimum wage affects the economy.

Economic Review

Women without a College Degree, Especially Minority Mothers, Face a Steeper Road to Recovery

The labor force participation rates of prime-age women without a bachelor’s degree are furthest from a full recovery.

Economic Review

Cash or Debit Cards? Payment Acceptance Costs for Merchants

Debit cards have been more costly for U.S. merchants to accept than cash; the reverse is true for merchants in other countries.

Economic Review

Fiscal Relief during the COVID-19 Pandemic

The fiscal policy response to the pandemic aided sectors of the economy most in need of funds.

Economic Review

Community Banks’ Ongoing Role in the U.S. Economy

Despite declining numbers and growing challenges, community banks continue to play a crucial role in the banking industry.

Economic Review

Puzzlingly Divergent Trends in Household Wealth and Business Formation

The rate of new business formation has declined sharply even as household wealth has increased.

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First Quarter 2021 (Vol. 106, No. 1): PDFFull Issue, PDFFront Matter

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