Main Street Views

Policies at foreign central banks may spill over to United States

Topics: Interest Rates | International | Monetary Policy and the Economy

Unconventional Monetary Policy and International Interest Rate Spillovers

Karlye Dilts Stedman

October 15, 2020 | Expansionary spillovers from foreign central banks may have weighed down long-term interest rates in the United States since 2015. | READ MORE

October 15, 2020

Soybean shuffle: Chinese tariffs reshape global markets

Topics: Agriculture | International

Reshuffling in Soybean Markets following Chinese Tariffs

Cortney Cowley

June 18, 2020 | Chinese tariffs on U.S. soybeans could reduce the global competitiveness of U.S. soybeans in the longer term. | READ MORE

June 18, 2020

Despite new tech, U.S. payment fraud rate remains relatively high

Topics: International | Payments

Payment Card Fraud Rates in the United States Relative to Other Countries since Migrating to Chip Cards

Fumiko Hayashi

November 27, 2019 | Even after migrating to chip card technology, the United States has a significantly higher in-person fraud rate than other countries. | READ MORE

November 27, 2019

Implementation Delays in Pension Retrenchment Reforms

Topics: International | Macroeconomics

Implementation Delays in Pension Retrenchment Reforms

Huixin Bi, Kevin Hunt, and Susan Zubairy

July 02, 2019 | On average, pension retrenchment reforms are phased in over a decade, but age-related forms can take much longer to implement. | READ MORE

July 02, 2019

Measuring Exports by When the Lights Go On

Topics: Indicators and Data | International | Macroeconomics

Forecasting Current-Quarter U.S. Exports Using Satellite Data

Jun Nie and Amy Oksol

April 17, 2018 | Incorporating nighttime lights data from satellites improves forecasts of U.S. exports. | READ MORE

April 17, 2018

Energy export boom may be a boom to trade deficit

Topics: Energy | International | Macroeconomics

What Could Resurging U.S. Energy Production Mean for the U.S. Trade Deficit?

Nida Cakir Melek and Jun Nie

March 07, 2018 | Resurging energy production and booming energy exports could help reduce the U.S. trade deficit by 5 percent by the end of 2018. | READ MORE

March 07, 2018

The Labor Market Effects of Offshoring by U.S. Multinational Firms: Evidence from Changes in Global Tax Policies

Topics: International | Labor Market

The Labor Market Effects of Offshoring by U.S. Multinational Firms: Evidence from Changes in Global Tax Policies

Nicholas Sly, Brian K. Kovak, and Lindsay Oldenski

November 03, 2017 | Changes in global tax policy that lower the effective tax rate on foreign income raise employment at U.S. multinational firms. | READ MORE

November 03, 2017

A new framework for fiscal sustainability

Topics: International | Macroeconomics

Fiscal Sustainability: A Cross-Country Analysis

Huixin Bi

October 12, 2017 | A new country-specific framework quantifies the maximum level of debt a government can sustain given its economic and policy environment. | READ MORE

October 12, 2017

Resource Booms and the Macroeconomy: The Case of U.S. Shale Oil

Topics: Energy | International | Macroeconomics

Resource Booms and the Macroeconomy: The Case of U.S. Shale Oil

Nida Cakir Melek, Michael Plante, and Mine K. Yucel

September 22, 2017 | The U.S. shale oil boom had sizable effects not only on upstream and downstream energy sectors but also on GDP and trade flows. However, the crude oil export ban created large distortions in the energy sector. | READ MORE

September 22, 2017

A fork in the road for Chinese growth

Topics: International | Indicators and Data

Has China’s Growth Reached a Turning Point?

Jun Nie and Yandong Jia

August 30, 2017 | A new measure of Chinese economic activity shows its momentum increased in the first half of the year; however, this momentum may not be sustainable. | READ MORE

August 30, 2017