Trends in Debt Concentration in the United States By Income
Household debt in the United States expanded before the Great Recession, contracted afterward, and has been recovering since 2013.
Differences in Rent Inflation by Cost of Housing
We know that different people experience different inflation rates because the bundle of goods and services that they consume is different from that of the “typical” household.
Some Options for Addressing Puerto Rico’s Fiscal Problems
By Hunter L. Clark, Andrew F. Haughwout, and James A. Orr Puerto Rico’s economic and fiscal challenges have been an important focus of work done here at the New York Fed, resulting in two reports (2012 and 2014), several blog posts and one paper in our Current Issues series in just the last few years. […]
Exploring Differences in Unemployment Risk
Understanding Earnings Dispersion
Fatih Karahan How much someone earns is an important determinant of many significant decisions over the course of a lifetime. Therefore, understanding how and why earnings are dispersed across individuals is central to understanding dispersion in a wide range of areas such as durable and non-durable consumption expenditures, debt, hours worked, and even health. Drawing […]
Beyond the Macroeconomy
The Federal Reserve’s statutory mission from Congress is to achieve maximum employment and price stability for the country as a whole.