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Economic Insights
Economic Insights is the Philadelphia Fed’s home for nontechnical articles about monetary policy, banking, and national, regional, and international economics, all written for a wide audience by our team of research analysts and economists.
Bank Loans to NBFIs: Evidence of Specialization, Part I
Economic Insights — Nonbank financial institutions (NBFIs) are reshaping American finance, providing credit to households and businesses from coast to coast. This has implications for all banks — and for the economy.
Latest Articles
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Article
Q&A with Pablo D'Erasmo
26 March ’26
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Article
Bank Loans to NBFIs: Evidence of Specialization, Part I
26 March ’26
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Article
Bank Loans to NBFIs: Evidence of Specialization, Part II
26 March ’26
Research in Focus
The Research in Focus series explores the methodology and synthesizes key findings from the Bank’s working papers. Explore the latest articles to gain a deeper understanding of Philadelphia Fed research.
Explore Business Review articles about the overall economy, banking, and monetary policy going back to 1975.
Our Research Department's high-quality academic and original research supports the Federal Open Market Committee and the Bank's leadership as they address economic, finance, and public policy issues.