Microeconomic Studies: Publications

Microeconomic research of particular relevance to monetary policy, including housing economics, household and public finance, and labor economics.
Liberty Street Economics
Does Business Training Work?
Giacomo De Giorgi and Benjamin Pugsley
June 3, 2015
Just Released: Mortgage Borrowing among Most Creditworthy Abates
Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
May 12, 2015
U.S. Potential Economic Growth: Is It Improving with Age?
Samuel Kapon and Joseph Tracy
May 6, 2015
Just Released: Press Briefing on Student Loan Borrowing and Repayment Trends, 2015
Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
April 16, 2015
Just Released: SCE Credit Access Survey Shows Higher Likelihood of Consumers Applying for Credit
Luis Armona, Wilbert van der Klaauw, and Basit Zafar
March 27, 2015
Payback Time? Measuring Progress on Student Debt Repayment
Meta Brown, Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
February 20, 2015
Looking at Student Loan Defaults through a Larger Window
Meta Brown, Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
February 19, 2015
The Student Loan Landscape
Meta Brown, Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
February 18, 2015
Just Released: Student Loan Delinquency Rate Defies Overall Downward Trend in Household Debt and Credit Report for Fourth Quarter 2014
Meta Brown, Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
February 17, 2015
Household Formation within the "Boomerang Generation"
Zachary Bleemer, Meta Brown, Donghoon Lee, and Wilbert van der Klaauw
February 4, 2015
Just Released: New Source for Perspective on Regional Household Debt and Credit
Michael Gedal, Stephanie Rosoff, and Joelle Scally
December 19, 2014
Just Released: Household Debt Balances Increase as Deleveraging Period Concludes
Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
November 25, 2014
Introducing the SCE Credit Access Module
Basit Zafar and Wilbert van der Klaauw
November 20, 2014
The Long-Term Unemployed and the Wages of New Hires
Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin
November 19, 2014
Measuring Labor Market Slack: How Attached to the Labor Market Are the Long-Term Unemployed?
Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin
November 18, 2014
Measuring Labor Market Slack: Are the Long-Term Unemployed Different?
Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin
November 17, 2014
Do Unemployment Benefits Expirations Help Explain the Surge in Job Openings?
Fatih Karahan, Samuel Kapon, and Kaivan K. Sattar
September 30, 2014
The FRBNY DSGE Model Forecast
Matthew Cocci, Marco Del Negro, Stefano Eusepi, Marc Giannoni, and Sara Shahanaghi
September 26, 2014
Economic Policy Review
Challenges in Identifying Interbank Loans
Olivier Armantier and Adam Copeland
Forthcoming
Precarious Slopes? The Great Recession, Federal Stimulus, and New Jersey Schools
Rajashri Chakrabarti and Sarah Sutherland
Volume 19, Number 2, December 2013
Staff Reports
Subjective Intertemporal Substitution
Richard K. Crump, Stefano Eusepi, Andrea Tambalotti, and Giorgio Topa
Staff Reports 734,  July 2015
Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays
Sewin Chan, Andrew Haughwout, Andrew Hayashi, and Wilbert van der Klaauw
Staff Reports 732,  June 2015
Supervising Large, Complex Financial Companies: What Do Supervisors Do?
Thomas Eisenbach, Andrew Haughwout, Beverly Hirtle, Anna Kovner, David Lucca, and Matthew Plosser
Staff Reports 729,  May 2015
Small Firms' Formalization: The Stick Treatment
Giacomo De Giorgi, Matthew Ploenzke, and Aminur Rahman
Staff Reports 728,  May 2015
The Gender Gap in Mathematics: Evidence from a Middle-Income Country
Prashant Bharadwaj, Giacomo de Giorgi, David Hansen, and Christopher Neilson
Staff Reports 721,  March 2015
Business Cycle Fluctuations and the Distribution of Consumption
Giacomo De Giorgi and Luca Gambetti
Staff Reports 716,  March 2015
How Mortgage Finance Affects the Urban Landscape
Sewin Chan, Andrew Haughwout, and Joseph Tracy
Staff Reports 713  February 2015
What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?
Fatih Guvenen, Fatih Karahan, Serdar Ozkan, and Jae Song
Staff Reports 710  February 2015
The Sensitivity of Housing Demand to Financing Conditions: Evidence from a Survey
By Andreas Fuster and Basit Zafar
Staff Reports 702  November 2014
Debt, Jobs, or Housing: What's Keeping Millennials at Home?
By Zachary Bleemer, Meta Brown, Donghoon Lee, and Wilbert van der Klaauw,
Staff Reports 700  November 2014
Population Aging, Migration Spillovers, and the Decline in Interstate Migration
Fatih Karahan and Serena Rhee
Number 699  November 2014
Africa Is on Time
Maxim Pinkovskiy and Xavier Sala-i-Martin
Number 686  August 2014
Lights, Camera,...Income! Estimating Poverty Using National Accounts, Survey Means, and Lights
Maxim Pinkovskiy and Xavier Sala-i-Martin
Number 669  April 2014
Measuring Student Debt and Its Performance
Donghoon Lee, Wilbert van der Klaauw, Andrew Haughwout, Meta Brown, and Joelle Scally
Number 668  April 2014
Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects
Marcus Hagedorn, Fatih Karahan, Iourii Manovskii, and Kurt Mitman
Number 646  October 2013
Did Cuts in State Aid during the Great Recession Lead to Changes in Local Property Taxes?
Rajashri Chakrabarti, Max Livingston, and Joydeep Roy
Number 643  October 2013
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