The Economy

We produce and compile research and data on the overall economy, banking and financial markets. Our goal is to help financial institutions operate in a safe manner and support a robust U.S. financial system.

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Rectifying Shortcomings in Measured Employer-to-Employer Flows in the U.S. Labor Market

Research in Focus – Shigeru Fujita of the Philadelphia Fed and his coauthors improve upon a measure of direct employer-to-employer transitions by accounting for missing survey data responses.

Weekly Labor Market Information

Analysis of unemployment insurance claims and other weekly data for the tri-state region and the U.S.

When COVID-19 Reached the Corporate Bond Market

Economic Insights — At the onset of the COVID-19 pandemic, several key markets faced serious trouble. We take a closer look at what happened in the corporate bond market, and at the Fed's efforts to help.

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Working Paper

Geometric Methods for Finite Rational Inattention

WP 21-30 – We present a geometric approach to the finite Rational Inattention (RI) model, recasting it as a convex optimization problem with reduced dimensionality that is well-suited to numerical methods.

The Economy



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.