ECONOMY
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Businesses See Inflationary Pressures Moderating
Jaison R. Abel and Richard Deitz Shortly after the recovery from the pandemic recession began, the U.S. economy entered a…
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Auto Loan Delinquency Revs Up as Car Prices Stress Budgets
Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, Wilbert van der Klaauw, and Crystal Wang The New York Fed’s Center…
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How and Why Do Consumers Use “Buy Now, Pay Later”?
Felix Aidala, Daniel Mangrum, and Wilbert van der Klaauw In a previous post, we highlighted that financially fragile households are…
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Measuring Treasury Market Depth – Liberty Street Economics
Michael Fleming, Isabel Krogh, and Claire Nelson A commonly used measure of market liquidity is market depth, which refers to…
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Racial and Ethnic Wealth Inequality in the Post-Pandemic Era
By Rajashri Chakrabarti, Natalia Emanuel, and Ben Lahey Wealth is unevenly distributed across racial and ethnic groups in the United…
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Wealth Inequality by Age in the Post-Pandemic Era
Rajashri Chakrabarti, Natalia Emanuel, and Ben Lahey Editor’s note: Since this post was first published, percentages cited in the first…
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Small Business Recovery after Natural Disasters in the Fed’s Second District
Asani Sarkar A previous Liberty Street Economics post found that minority-owned small businesses in the Federal Reserve’s Second District have…
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Flood-Prone Basement Housing in New York City and the Impact on Low- and Moderate-Income Renters
Claire Kramer Mills, Ambika Nair, and Julian di Giovanni Hurricane Ida, which struck New York in early September 2021, exposed…
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Banks versus Hurricanes – Liberty Street Economics
Peter Anagnostakos, Jason Bram, Benjamin Chan, Natalia Fischl-Lanzoni, Hasan Latif, James M. Mahoney, Don Morgan, Ladd Morgan, and Ivelisse Suarez…
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A Bayesian VAR Model Perspective on the Lagged Effect of Monetary Policy
Richard Crump, Marco Del Negro, Keshav Dogra, Pranay Gundam, Donggyu Lee, Ramya Nallamotu, and Brian Pacula Over the last few…
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