Economic Surveys
Banking Conditions Survey
Loan volume continued increasing at a rapid pace in February while loan demand accelerated further. Credit tightening continued, but loan pricing declined.
February 18, 2025
Working Paper
Automated Underwriting and Housing Market Dynamics
This paper studies how the 1990s adoption of now widely-used automated mortgage underwriting systems affected credit supply, house prices and their comovement across locations.
January 17, 2025
Economic Surveys
Banking Conditions Survey
Loan volume accelerated sharply in December. Credit tightening continued, but loan pricing declined, both at the same pace as six weeks ago.
December 30, 2024
Southwest Economy
Eleventh District community banks outperform peers despite weaker credit quality
Eleventh District community banks will likely continue to outperform their nationwide peers in terms of profitability, given their larger share of noninterest-bearing deposits.
December 27, 2024
Working Paper
Gender Gaps in the Federal Reserve System
To better understand the stalled progress of women in economics, this paper constructs new data on women’s representation and research output in one of the largest policy institutions—the Federal Reserve System.
December 05, 2024
Audit Partners and Loan Loss Provisioning: Evidence from U.S. Bank Holding Companies
Using confidential data on audit partner names from 2006 to 2019 for bank holding companies (BHCs), this paper examines partners' impact on loan loss provisioning.
November 20, 2024
Economic Surveys
Banking Conditions Survey
Loan volume and loan price declines continued in November, as did credit tightening, with the pace of change similar to six weeks ago.
November 18, 2024
Working Paper
The Macroeconomics of Labor, Credit and Financial Market Imperfections
An increasing share of corporate loans, a critical source of firm credit, are sold off banks’ balance sheets and actively traded in a secondary over-the-counter market. This paper develops a microfounded equilibrium search-theoretic model with labor, credit and financial markets to explore how this secondary loan market affects the real economy.
October 22, 2024
Normalizing the FOMC’s monetary policy tools
President Lorie K. Logan describes policy considerations for normalizing the Fed’s assets and liabilities.
October 21, 2024
Economic Surveys
Banking Conditions Survey
Loan volume declined in October despite the drop in loan prices, according to banking executives responding to the Banking Conditions Survey.
October 07, 2024