October 18, 2022
Robert Rich, Joseph Tracy and Mason Krohn
For a majority of workers, wages didn’t increase as fast as inflation in the 12 months ended in second quarter 2022. Here, we dig deeper to see how outcomes may have differed across groups of workers.
October 11, 2022
Michael D. Plante and Jessica Rindels
Meeting ambitious manufacturing goals will require batteries—lots of them—as an electric vehicle (EV) can use hundreds to thousands of individual lithium-ion batteries.
October 4, 2022
Robert Rich, Joseph Tracy and Mason Krohn
While the past 25 years have witnessed episodes that show either a greater incidence or larger magnitude of real wage declines, the current time period is unparalleled in terms of the challenge employed workers face.
September 29, 2022
Pia Orrenius and Ana Pranger
The most recent jobs report showed state employment was flat in August. The unemployment rate rose slightly to 4.1 percent (from 4.0 percent in July), and labor force and wage growth also eased.
September 27, 2022
Wenhua Di
The Biden plan is expected to boost participation in the income-driven repayments that lower the payment burden. Imposing a cap on a borrower’s income to qualify for cancellation or increasing the cancellation amount for low-income borrowers could alleviate the regressive nature of broad loan cancellation.
September 6, 2022
Tyler Atkinson and Xiaoqing Zhou
Given rising demand for in-person services, the slow pass-through of surging house prices to rent and owners’ equivalent rent (OER), and higher health care worker wages, services inflation is likely to increase further.
August 30, 2022
Sitian Liu and Yichen Su
Since the start of the pandemic, the reduced presence of in-office workers has reduced the wage premium attached to large cities and may have diminished the productivity edge of these areas.
August 23, 2022
Alexander Chudik, M. Hashem Pesaran and Alessandro Rebucci
Vaccine uptake was the most important factor in reducing effective transmission rates in 2021, though the other factors helped bring infections under control.
August 16, 2022
Xiaoqing Zhou and Jim Dolmas
With housing price moderation, it is important to assess the implications for rent inflation and OER inflation and, in particular, whether they may soon ease and help slow overall inflation.
August 9, 2022
Ali Ozdagli, Jianlin Wang and Sona Shah
We found evidence that the way a firm structures its debt can mitigate a significant amount of the negative effects from uncertainty shocks, especially for zombie firms.