Recent news examining the toll that a decade of stagnation, out-migration, and heavy debt has taken on Puerto Rico draws on work summarized in two Liberty Street Economics posts.
September 4, 2015
From the Vault: Understanding Puerto Rico’s Economic Challenges
Posted at 7:00 am in Regional Analysis | Permalink
September 2, 2015
Searching for Higher Wages
Luis Armona, Samuel Kapon, Laura Pilossoph, Ayşegül Şahin, and Giorgio Topa Since the peak of the recession, the unemployment rate has fallen by almost 5 percentage points, and observers continue to focus on whether and when this decline will lead to robust wage growth. Typically, in the wake of such a decline, real wages grow […]
September 1, 2015
A Distributed Version of Repugnance as a Constraint on Markets
The 2012 Nobel Prize in economics was awarded to Alvin E. Roth and Lloyd S. Shapley for their work on matching problems.
August 31, 2015
August 28, 2015
Historical Echoes: How Members of the Society for Creative Anachronism Make Money
Have you seen these people? You might come upon them wearing historic period garb.
Posted at 7:00 am in Historical Echoes | Permalink
Entry and Exit Leads to Zero Profit for Bitcoin Miners
In a previous post, we discussed bitcoin miners’ incentives to undertake a 51 percent attack given the current condition of the bitcoin market.
Posted at 7:00 am in Financial Markets | Permalink
August 27, 2015
From the Vault: Supplementing a Monetary Policy Syllabus
Liberty Street Economics posts from New York Fed economists can serve as teaching tools for new monetary policy and lending tools that are “not found in any textbook.”
August 26, 2015
Just Released: An Update on Regional Economic Conditions Provided at Our Economic Press Briefing
Jaison R. Abel, Jason Bram, Richard Deitz, and James Orr Today’s Economic Press Briefing at the New York Fed presented our economic outlook for New York, Northern New Jersey, and Puerto Rico. We showed that many parts of the region have bounced back quite well from the Great Recession and are growing at a solid […]
Mind the Gap: Assessing Labor Market Slack
Indicators of labor market slack enable economists to judge pressures on wages and prices.
August 25, 2015
Incentive Pay and Gender Compensation Gaps for Top Executives
Stefania Albanesi, Claudia Olivetti, and Maria Prados The persistence of a gender gap in wages is shaping the debate over women’s equality in the workplace and underscores the challenge facing policymakers as they consider their potential role in closing it. While the disparity affects females at all income levels, women in professional and managerial occupations […]
RSS Feed
Follow Liberty Street Economics
