Board of Governors of the Federal Reserve System

key contributing factor (Grossman and Oberfield, 2022). This note contributes...comparing the outcome variable's differential changes across firms within

prices, for example, and, for the developed economies, an appreciation...key emerging market countries in the region, most notably Korea. The swing

compare the difference in the earnings recovery path after a job separation...compare their earnings relative to a group of workers (control group)

compared with 12 months prior (by year) Percent Year Worse off Better ...Key identifies bars in order from left to right. Return to text Figure

and/or imprudent borrowing denominated in foreign currencies. But again...off-the-run Treasury securities, or the spreads on government sponsored

and, indeed, well into the postwar period) believed that a certain mystique...and, indeed, the Federal Reserve was the first major central bank to release

key sources of funding for financial firms, nonfinancial firms, and households...key financial markets, which are shown by the green area; and (4) large-scale

key concerns impacting household and business plans. Eight Districts reported...price increases – especially for input prices. Two Districts noted that

best way to drive to the Board? Please visit our Directions web page for...key job families for which we recruit are economist, research assistant

key assumption embedded in this literature is that households are not ...price data. Further, when forced to match both historical house prices