Microeconomic Studies: Publications

Microeconomic research of particular relevance to monetary policy, including housing economics, household and public finance, and labor economics.
Liberty Street Economics
Just Released: Household Debt Balances Increase as Deleveraging Period Concludes
Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
November 25, 2014
Introducing the SCE Credit Access Module
Basit Zafar and Wilbert van der Klaauw
November 20, 2014
The Long-Term Unemployed and the Wages of New Hires
Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin
November 19, 2014
Measuring Labor Market Slack: How Attached to the Labor Market Are the Long-Term Unemployed?
Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin
November 18, 2014
Measuring Labor Market Slack: Are the Long-Term Unemployed Different?
Rob Dent, Samuel Kapon, Fatih Karahan, Benjamin W. Pugsley, and Ayşegül Sahin
November 17, 2014
Do Unemployment Benefits Expirations Help Explain the Surge in Job Openings?
Fatih Karahan, Samuel Kapon, and Kaivan K. Sattar
September 30, 2014
The FRBNY DSGE Model Forecast
Matthew Cocci, Marco Del Negro, Stefano Eusepi, Marc Giannoni, and Sara Shahanaghi
September 26, 2014
An Assessment of the FRBNY DSGE Model's Real-Time Forecasts, 2010-13
Matthew Cocci, Marco Del Negro, Stefano Eusepi, Marc Giannoni, and Sara Shahanaghi
September 25, 2014
Connecting the Dots: Disagreement in the Federal Open Market Committee
Richard Crump, Troy Davig, Emanuel Moench, and Stefano Eusepi
September 25, 2014
Forecasting with the FRBNY DSGE Model
Marco Del Negro, Bianca De Paoli, Stefano Eusepi, Marc Giannoni, Argia Sbordone, and Andrea Tambalotti
September 22, 2014
Why Aren’t More Renters Becoming Homeowners?
Andreas Fuster, Basit Zafar, and Matthew Cocci
September 8, 2014
Introducing the SCE Housing Survey
Basit Zafar, Andreas Fuster, Wilbert van der Klaauw, and Matthew Cocci
September 8, 2014
Just Released: Looking under the Hood of the Subprime Auto Lending Market
Andrew Haughwout, Donghoon Lee, Joelle W. Scally, and Wilbert van der Klaauw
August 14, 2014
What Americans (Don't) Know about Student Loan Collections
Basit Zafar, Zachary Bleemer, Meta Brown, and Wilbert van der Klaauw
June 5, 2014
Rising Household Debt: Increasing Demand or Increasing Supply?
Basit Zafar, Max Livingston, and Wilbert van der Klaauw
May 28, 2014
Why Is the Job-Finding Rate Still Low?
Victoria Gregory, Christina Patterson, Aysegul Sahin, and Giorgio Topa
February 19, 2014
Just Released: Does Transportation Spending Make Good Stimulus?
Andrew Haughwout, Therese McGuire, and Joseph Morris
February 18, 2014
Just Released: Who’s Borrowing Now? The Young and the Riskless!
Andrew Haughwout, Donghoon Lee, Wilbert van der Klaauw, and David Yun
February 18, 2014
Why Do Banks Feel Discount Window Stigma?
Olivier Armantier
January 15, 2014
Economic Policy Review
Precarious Slopes? The Great Recession, Federal Stimulus, and New Jersey Schools
Rajashri Chakrabarti and Sarah Sutherland
Volume 19, Number 2, December 2013
Staff Reports
The Sensitivity of Housing Demand to Financing Conditions: Evidence from a Survey
By Andreas Fuster and Basit Zafar
Staff Reports 702  November 2014
Debt, Jobs, or Housing: What's Keeping Millennials at Home?
By Zachary Bleemer, Meta Brown, Donghoon Lee, and Wilbert van der Klaauw,
Staff Reports 700  November 2014
Population Aging, Migration Spillovers, and the Decline in Interstate Migration
Fatih Karahan and Serena Rhee
Number 699  November 2014
Africa Is on Time
Maxim Pinkovskiy and Xavier Sala-i-Martin
Number 686  August 2014
Lights, Camera,...Income! Estimating Poverty Using National Accounts, Survey Means, and Lights
Maxim Pinkovskiy and Xavier Sala-i-Martin
Number 669  April 2014
Measuring Student Debt and Its Performance
Donghoon Lee, Wilbert van der Klaauw, Andrew Haughwout, Meta Brown, and Joelle Scally
Number 668  April 2014
Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects
Marcus Hagedorn, Fatih Karahan, Iourii Manovskii, and Kurt Mitman
Number 646  October 2013
Did Cuts in State Aid during the Great Recession Lead to Changes in Local Property Taxes?
Rajashri Chakrabarti, Max Livingston, and Joydeep Roy
Number 643  October 2013
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