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Economic Insights features nontechnical articles on monetary policy, banking, and national, regional, and international economics, all written for a wide audience.



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Banking Trends: Do Stress Tests Reduce Credit Growth? PDF
In ensuring that large banks can provide credit during the next downturn, stress tests may limit the credit supply today — or so some critics claim. Edison Yu examines both sides of the debate.

No More Californias PDF
As American mobility declines, some wonder if we've lost our pioneer spirit. Kyle Mangum finds that the situation is more complicated than it appears.

Regulating Consumer Credit and Protecting (Behavioral) Borrowers PDF
As we consider how best to protect individual borrowers, Igor Livshits asks: Why and from whom are we protecting these borrowers, and what policies may be most effective?

Data in Focus PDF
The Philadelphia Fed collects, analyzes, and shares useful data about the Third District and beyond. Learn more about our Partisan Conflict Index.

Research Update PDF
Abstracts of the latest working papers produced by the Federal Reserve Bank of Philadelphia.



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A Ticket to Ride: Estimating the Benefits of Rail Transit PDF
From 1990 to 2000, Los Angeles spent $8.7 billion to build 46 train stations and four rail lines. Chris Severen calculates their commuting and noncommuting benefits. Read more about Chris' work on urban and transportation economics.

Central Bank Digital Currency: Is It a Good Idea? PDF
A central bank digital currency may be the next big thing in personal banking. Daniel Sanches evaluates the costs and benefits of this new technology for individuals, banks, and the entire economy.

House Price Booms, Then and Now PDF
In the early 2000s, house prices boomed—and then crashed—in some places more than others. Burcu Eyigungor evaluates two competing explanations and explores the likelihood of a repeat.

Data in Focus PDF
The Philadelphia Fed collects, analyzes, and shares useful data about the Third District and beyond. Learn more about the GDPplus.

Research Update PDF
Abstracts of the latest working papers produced by the Federal Reserve Bank of Philadelphia.



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Third District State Budgets in the Coronavirus Recession PDF
State and local fiscal austerity may exacerbate this coronavirus recession. Adam Scavette explains why as he takes a close look at the three states of the Third District.

Tracking U.S. Real GDP Growth During the Pandemic PDF
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.

Bankruptcy Filings in the Third District During COVID-19 PDF
Early in the pandemic, unemployment skyrocketed. Are personal and business bankruptcy filings next? Wenli Li, Ryotaro Tashiro, and Solomon H. Tarlin evaluate the risk of a surge in bankruptcies.

Travel Behavior and the Coronavirus Outbreak PDF
Jeffrey Brinkman and Kyle Mangum examine cellphone data from coast to coast to find out how Americans changed their travel behavior in the early weeks of the COVID-19 pandemic.

Banking Trends: Why Don't Philly Banks Make More Local CRE Loans? PDF
Looking for a CRE loan? In Philly, that usually means going to a nonlocal bank. James DiSalvo helps us understand why.

Q&A with Wenli Li PDF
The senior economic advisor and economist talks about her work on consumer finance and bankruptcies.

Data in Focus PDF
The Philadelphia Fed collects, analyzes, and shares useful data about the Third District and beyond. Learn more about our COVID-19 Business Outlook Survey.

Research Update PDF
Abstracts of the latest working papers produced by the Federal Reserve Bank of Philadelphia.

  • Last update: September 21, 2020