Microeconomic Studies: Publications

Microeconomic research of particular relevance to monetary policy, including housing economics, household and public finance, and labor economics.
Liberty Street Economics
Who Falters at Student Loan Payback Time?
By Rajashri Chakrabarti, Michael Lovenheim, and Kevin Morris
September 9, 2016
The Changing Role of Community-College and For-Profit-College Borrowers in the Student Loan Market
By Rajashri Chakrabarti, Michael Lovenheim, and Kevin Morris
September 8, 2016
The Changing Face of the Higher Education Market
By Rajashri Chakrabarti, Michael Lovenheim, and Kevin Morris
September 7, 2016
The Changing Higher Education Landscape
By Rajashri Chakrabarti, Michael Lovenheim, and Kevin Morris
September 6, 2016
How Do People Revise Their Inflation Expectations?
By Olivier Armantier, Giorgio Topa, Wilbert van der Klaauw, and Basit Zafar
August 22, 2016
Puerto Rico’s Evolving Household Debts
By Meta Brown, Andrew Haughwout, Donghoon Lee, Joelle Scally, Magali Solimano, and Wilbert van der Klaauw
August 12, 2016
Human Capital and Education in Puerto Rico
Rajashri Chakrabarti, Giacomo De Giorgi, and Rachel Schuh
August 10, 2016
Just Released: Recent Developments in Consumer Credit Card Borrowing
Graham Campbell, Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
August 9, 2016
Migration in Puerto Rico: Is There a Brain Drain?
Jaison R. Abel, Giacomo De Giorgi, Richard Deitz, and Harry Wheeler
August 9, 2016
Restoring Economic Growth in Puerto Rico: Introduction to the Series
By Hunter Clark, Giacomo De Giorgi, and Andrew Haughwout
August 8, 2016
Which Households Have Negative Wealth?
By Olivier Armantier, Luis Armona, Giacomo De Giorgi, and Wilbert van der Klauuw
August 1, 2016
Is Health Insurance Good for Your Financial Health?
By Nicole Dussault, Maxim Pinkovskiy, and Basit Zafar
June 6, 2016
Just Released: Mapping the Differences in School Spending in New York City
Rajashri Chakrabarti and Michael Stewart
June 6, 2016
Just Released: Hints of Increased Hardship in America’s Oil-Producing Counties
Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw
May 24, 2016
Household Consumption Mobility over the Life-Cycle
Giacomo De Giorgi and Nicole Dussault
May 11, 2016
Just Released: Introducing the FRBNY Nowcast
Grant Aarons, Daniele Caratelli, Matthew Cocci, Domenico Giannone, Argia Sbordone, and Andrea Tambalotti
April 12, 2016
The Effect of Exchange Rate Shocks on Domestic Prices
Mary Amiti, Oleg Itskhoki, and Jozef Konings
March 30, 2016
Banking Deserts, Branch Closings, and Soft Information
Donald Morgan, Maxim Pinkovskiy, and Bryan Yang
March 7, 2016
The “Cadillac Tax”: Driving Firms to Change Their Plans?
Jason Bram, Nicole Dussault and Maxim Pinkovskiy
February 29, 2016
Just Released: Five New Data Series on Consumer Expectations
Olivier Armantier, Giorgio Topa, Wilbert van der Klaauw, and Basit Zafar
February 25, 2016
Economic Policy Review
Do We Know What We Owe? Consumer Debt as Reported by Borrowers and Lenders
Meta Brown, Andrew Haughwout, Donghoon Lee, and Wilbert van der Klaauw
October 2015   Volume 21, Number 1
Challenges in Identifying Interbank Loans
Olivier Armantier and Adam Copeland
October 2015   Volume 21, Number 1
Precarious Slopes? The Great Recession, Federal Stimulus, and New Jersey Schools
Rajashri Chakrabarti and Sarah Sutherland
Volume 19, Number 2, December 2013
Staff Reports
Human Capital Investments and Expectations about Career and Family
Matthew Wiswall and Basit Zafar
Number 792  August 2016
Tracking and Stress-Testing U.S. Household Leverage
Andreas Fuster, Benedict Guttman-Kenney, and Andrew Haughwout
Number 787  August 2016
The Science of Monetary Policy: An Imperfect Knowledge Perspective
Stefano Eusepi and Bruce Preston
Staff Reports 782,  June 2016
Health Spending Slowed Down in Spite of the Crisis
Marco DiMaggio, Andrew Haughwout, Amir Kermani, Matthew Mazewski, and Maxim Pinkovskiy
Staff Reports 781,  June 2016
The Term Structure of Expectations and Bond Yields
Richard K. Crump, Stefano Eusepi, and Emanuel Moench
Staff Reports 775,  May 2016
International Shocks and Domestic Prices: How Large Are Strategic Complementarities?
Mary Amiti, Oleg Itskhoki, and Jozef Konings
Staff Reports 771,  April 2016
Preference for the Workplace, Investment in Human Capital, and Gender
Matthew Wiswall and Basit Zafar
Staff Reports 767,  March 2016
An Anatomy of U.S. Personal Bankruptcy under Chapter 13
Hülya Eraslan, Wenli Li, Gizem Koşar, and Pierre-Daniel Sarte
Staff Reports 764,  January 2016
The Role of Startups in Structural Transformation
Robert C. Dent, Fatih Karahan, Benjamin Pugsley, and Ayşegül Şahin
Staff Reports 762,  January 2016
Working Hard in the Wrong Place: A Mismatch-Based Explanation to the U.K. Productivity Puzzle
Christina Patterson, Ayşegül Şahin, Giorgio Topa, and Giovanni L. Violante
Staff Reports 757,  January 2016
Personal Experiences and Expectations about Aggregate Outcomes
Theresa Kuchler and Basit Zafar
Staff Reports 748,  October 2015
The Affordable Care Act and the Labor Market: A First Look
Maxim Pinkovskiy
Staff Reports 746,  October 2015
Intended College Attendance: Evidence from an Experiment on College Returns and Costs
Zachary Bleemer and Basit Zafar
Staff Reports 739,  September 2015
The Price Effects of Cash versus In-Kind Transfers
Jesse M. Cunha, Giacomo De Giorgi, and Seema Jayachandran
Staff Reports 735,  August 2015
Subjective Intertemporal Substitution
Richard K. Crump, Stefano Eusepi, Andrea Tambalotti, and Giorgio Topa
Staff Reports 734,  July 2015
Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays
Sewin Chan, Andrew Haughwout, Andrew Hayashi, and Wilbert van der Klaauw
Staff Reports 732,  June 2015
Supervising Large, Complex Financial Companies: What Do Supervisors Do?
Thomas Eisenbach, Andrew Haughwout, Beverly Hirtle, Anna Kovner, David Lucca, and Matthew Plosser
Staff Reports 729,  May 2015
Small Firms' Formalization: The Stick Treatment
Giacomo De Giorgi, Matthew Ploenzke, and Aminur Rahman
Staff Reports 728,  May 2015
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