A quarterly research publication with articles on macroeconomics and monetary policy, regional and international economics, and banking and financial markets.
Firms raised markups during 2021 in anticipation of future cost pressures, contributing substantially to inflation.
Black individuals earn about one-third less than white individuals over the course of their lifetimes.
When inflation is already high, an increase in gasoline prices can have an amplified effect on consumers’ inflation expectations.
In the long run, hybrid working could lead single-family home construction to almost double in the largest metropolitan areas.
In 1989, S&Ls strengthened their balance sheets when the potential for future government assistance was withdrawn.
Economic Review articles may be reprinted if the source is credited and the Public Affairs Department of the Federal Reserve Bank of Kansas City is provided with copies. Permission to photocopy is unrestricted.