Jason Furman explains why politics is a nasty business.
By: Matthew C Klein
New analysis of state-level data from the 1980s and early 1990s shows how financial deregulation led to larger boom-bust cycles.
New research suggests the data do not back up Helene Rey’s thesis that there are common global drivers of capital flows.
Relative to the past 145 years, the level of real interest rates looks pretty normal.
News you can’t use.
Some fun with the Fed’s Enhanced Financial Accounts data.
Some folks want to eliminate private property with the help of the blockchain, smart contracts, the “sharing economy”, and the “Internet of Things”.
On a relative basis they have almost never been cheaper.
Area megabank analyst recommends vice bonds.
By: Alexandra Scaggs
Why should the benefits of integration and price stability be limited to Europe?
New research on why people stop paying their mortgages from New York seems to contradict older research on the subject from Atlanta and Boston.
Looking under the hood of the popular New York Fed model of the duration risk in bonds.