Liberty Street Economics

Look for our next post on March 23.

November 18, 2015

The Importance of Commodity Prices in Understanding U.S. Import Prices and Inflation

The dollar rose sharply against both the euro and yen in 2014 and 2015 and non-oil import prices subsequently fell.

November 16, 2015

Should Monetary Policy Respond to Financial Conditions?

Bianca De Paoli There’s an ongoing debate about whether policymakers should respond to financial conditions when setting monetary policy. An argument is often made that financial stability concerns are more appropriately dealt with by using regulatory and macroprudential tools. This post offers a theoretical justification for policymakers to monitor and possibly respond to financial conditions […]

November 13, 2015

Historical Echoes: The Fed’s Ties to the Barbie Doll

Which of the following statements is true (you may choose more than one): (a) you are more likely to get a job at the Fed if you look like a Barbie doll, (b) you are less likely to get a job at the Fed if you look like a Barbie doll, (c) the inventor of the Barbie doll sat on the Board of Directors of a Federal Reserve Bank, (d) a key cleaner/restorer of the Federal Reserve Bank of New York building has strong ties to Architect Barbie, (e) a Federal Reserve Bank has used Barbie in its economic education program.

Posted at 7:00 am in Historical Echoes | Permalink
November 9, 2015

The New Overnight Bank Funding Rate

The Federal Reserve Bank of New York will begin publishing the overnight bank funding rate (OBFR) sometime in the first few months of 2016.

November 6, 2015

Health Inequality

However important income inequality is, it is only a partial representation of the inequality in well-being among individuals, households, counties, and other communities.

November 5, 2015

How Did Quantitative Easing Interact with Regional Inequality?

Income, or wealth, inequality is not something that central bankers generally worry about when setting monetary policy, the goals of which are to maintain price stability and promote full employment.

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.

November 4, 2015

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.

November 3, 2015

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

The risk of becoming unemployed varies substantially across different groups within the labor market.

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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