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.
Article
How the Policy-Induced Price of Industrial Robots Affects Labor Shares in National Income
14 Jun ’21
Research in Focus – Lukasz Drozd of the Philadelphia Fed and his coauthors study the impact of modern automation on company-level labor shares in China.
Event
Sep
9-10
2021
New Perspectives on Consumer Behavior in Credit and Payments Markets Conference – 2021
Virtual
June 2021 Nonmanufacturing Business Outlook Survey
22 Jun ’21
A monthly survey of nonmanufacturers in the Third Federal Reserve District
Working Paper
Capital Buffers in a Quantitative Model of Banking Industry Dynamics
WP 21-24 – We develop a model of banking industry dynamics to study the quantitative impact of regulatory policies on bank risk taking and market structure as well as the feedback effect of market structure on the efficacy of policy.
COVID-19
COVID-19 and the Philadelphia Fed
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
Working Paper
Measuring Employer-to-Employer Reallocation
WP 21-22 – We revisit the measurement of Employer-to-Employer (EE) transitions in the monthly Current Population Survey.
Research
Research Assistant Opportunities for College Graduates
Working as a research assistant at the Philadelphia Fed is a rewarding experience, whichever career path you ultimately choose to pursue.
Article
Economists
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.