ECONOMY
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Is the Recent Inflationary Spike a Global Phenomenon?
Martín Almuzara, Babur Kocaoglu, and Argia Sbordone In the aftermath of the COVID-19 pandemic, inflation rose almost simultaneously in most economies…
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What Was Up with Grocery Prices?
Thomas Klitgaard The consumer price index for groceries has risen more than the overall price index since the start of…
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Wage Insurance: A Potential Policy for Displaced Workers
Ben Hyman, Brian Kovak, and Adam Leive Despite the existing safety net, worker displacement continues to have severe consequences that…
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Supply Chain Disruptions Have Eased, But Remain a Concern
Jaison R. Abel and Richard Deitz Supply chain disruptions became a major headache for businesses in the aftermath of the…
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The Mysterious Slowdown in U.S. Manufacturing Productivity
Danial Lashkari and Jeremy Pearce Throughout the twentieth century, steady technological and organizational innovations, along with the accumulation of productive…
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Exploring the TIPS-Treasury Valuation Puzzle
Guillaume Roussellet Since the late 1990s, the U.S. Treasury has issued debt in two main forms: nominal bonds, which provide…
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On the Distributional Effects of Inflation and Inflation Stabilization
Marco Del Negro, Keshav Dogra, Pranay Gundam, Donggyu Lee, and Brian Pacula This post and the next discuss the distributional…
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On the Distributional Consequences of Responding Aggressively to Inflation
Marco Del Negro, Keshav Dogra, Pranay Gundam, Donggyu Lee, and Brian Pacula This post discusses the distributional consequences of an…
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Racial and Ethnic Inequalities in Household Wealth Persist
Rajashri Chakrabarti, Natalia Emanuel, and Ben Lahey Disparities in wealth are pronounced across racial and ethnic groups in the United…
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Nonbanks Are Growing but Their Growth Is Heavily Supported by Banks
Viral V. Acharya, Nicola Cetorelli, and Bruce Tuckman Traditional approaches to financial sector regulation view banks and nonbank financial institutions…
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