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 Do Capital Requirements Impact Banking Sector Risk-Taking and Market Shares of Big and Small Banks?
06 Jan ’22
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.
Event
Feb
1
2022
The Mortgage Market Research Conference: Call for Papers
Federal Reserve Bank of Philadelphia
Aruoba-Diebold-Scotti Business Conditions Index
14 Jan ’22
An index designed to track real business conditions at high observation frequency
Working Paper
Firm Wages in a Frictional Labor Market
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.
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
Visualization, Identification, and Estimation in the Linear Panel Event-Study Design
WP 21-44 – Linear panel models, and the “event-study plots” that often accompany them, are popular tools for learning about policy effects.
Article
Does Monetary Policy Benefit Certain Households at the Expense of Others?
20 Dec ’21
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?
Research
Research Assistant Opportunities for College Graduates
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.
About
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.