Research in Focus — Pablo D’Erasmo of the Philly Fed and his coauthor use a model of the U.S. banking sector to determine how regulatory policies affect concentration, stability, and efficiency.
Federal Reserve Bank of Philadelphia
An index designed to track real business conditions at high observation frequency
WP 19-05/R – This paper studies wage setting in a directed search model of multi-worker firms facing within-firm equity constraints on wages.
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
WP 21-44 – Linear panel models, and the “event-study plots” that often accompany them, are popular tools for learning about policy effects.
Research in Focus — Monetary policy is expected to help all households in society. When households are diverse, and thus are affected by monetary policy differently, how can monetary policy help all of them?
Now Hiring for Positions Starting in Summer 2022 – Working as a research assistant at the Philadelphia Fed is a rewarding experience, whichever career path you ultimately choose to pursue.
Many of our economists conduct research in areas of macro- and microeconomics and regularly contribute to policy discussions. You can find out more about these economists and their work by clicking on the highlighted names below.