Workforce & Economic Development


Skills-Based Occupational Transitions for COVID-19 Displaced Workers

As the country responds to dual health and economic crises, displaced workers will confront a central question: Will they be able to return to their previous jobs or will they need to transition into new lines of work?

Financial Instability with Circulating Debt Claims and Endogenous Debt Limits

WP 20-45 — This paper develops a banking model in which intermediaries issue liabilities that circulate as a medium of exchange to finance loans to entrepreneurs, who use the proceeds to fund the accumulation of capital goods.

COVID-19 Business Outlook Survey

Special survey (now monthly, previously weekly) of firms in the Third District


Mortgage Markets

Discussion Paper

Reverse Mortgage Retrospective: How Recent Policy Changes Affected Government-Insured Reverse Mortgage Originations and Performance

DP 20-06 — This discussion paper analyzes the outcomes of recent policy reforms to the federally insured reverse mortgage program.





Fourth Annual Fintech Conference


Mechanical gears working in unison.



Tracking U.S. Real GDP Growth During the Pandemic

Economic Insights — During this fast-moving pandemic, it's vital that policymakers can rely on real-time estimates of real GDP growth. Jonas Arias and Minchul Shin show us how it's done.