Article
The Evolving Structure of Housing Markets: Institutional Investors and Their Influential Role During the Great Recession
03 Jun ’24
Research in Focus — A model of U.S. housing markets by Dick Oosthuizen illustrates how corporate investors helped mitigate price declines during a prolonged recession.
Featured Work
Article
Trends and Determinants of U.S. Markups
Research in Focus — Enghin Atalay of the Philadelphia Fed and his coauthors examined markups over time and considered the role of firm costs, market concentration, and consumer preferences.
Workforce & Economic Development
Article
It’s Not Just Who You Know, It’s How You Know Them
Economic Insights — Not all job referrals are the same. Referrals from friends and family are used by different workers – and have different benefits – than referrals from work colleagues.
Working Paper
Inference Based on Time-Varying SVARs Identified with Sign Restrictions
WP 24-05 – We propose a new methodology for causal inference in time-varying structural vector autoregressions. We illustrate our approach for inference by analyzing the role played by monetary policy during the latest inflation surge.
Featured Data
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Livingston Survey
The oldest continuous survey of economists' expectations that summarizes the forecasts of economists from industry, government, banking, and academia
Updated: 14 Jun ’24
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Survey of Professional Forecasters
The oldest quarterly survey of macroeconomic forecasts in the United States
Updated: 10 May ’24
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Aruoba-Diebold-Scotti Business Conditions Index
An index designed to track real business conditions at high observation frequency
Updated: 26 Jul ’24
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Real-Time Data Set for Macroeconomists
The real-time data set consists of vintages, or snapshots, of time series of major macroeconomic variables. The data set may be used by macroeconomic researchers to verify empirical results, to analyze policy, or to forecast. All data are updated at the end of each month.
Updated: 26 Jul ’24
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GDPplus
Measure of the quarter-over-quarter rate of growth of real output in continuously compounded annualized percentage points
Updated: 25 Jul ’24
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Aruoba Term Structure of Inflation Expectations
A continuous curve of inflation expectations three to 120 months ahead, analogous to a yield curve
Updated: 26 Jul ’24