We show, both theoretically and empirically, that tight financial conditions shift investment toward cheaper but less ...

The San Francisco Fed’s Beige Book received another “Beigie Award” from NPR’s Planet Money and was featured in their podcast, Hawaii’s worker shortage goes ...

The premier conference for community development is headed to Phoenix! The 2026 program, Innovations in Public-Private Partnership, will highlight strategies for advancing economic opportunity through ...

This data series is part of the Center for Monetary Research. The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three ...

The China Cyclical Activity Tracker, China CAT, is an alternative measure of China’s economic growth based on research in Fernald, Hsu, and Spiegel (2020). The China CAT index measures fluctuations in ...

This data series is part of the Center for Monetary Research. This site presents a weekly and monthly series of the proxy funds rate, following Doh and Choi (2016), Choi, Doh, Foerster, and Martinez ...

Supply- and Demand-Driven PCE Inflation updates data on the contributions to personal consumption expenditures (PCE) inflation from supply-driven versus demand-driven components. This tool is intended ...

The Daily News Sentiment Index is a high frequency measure of economic sentiment based on lexical analysis of economics-related news articles. The index is described in Buckman, Shapiro, Sudhof, and ...

The weekly Labor Market Stress Indicator (LMSI) tracks state-level labor market developments in real time to better understand labor market conditions as they evolve. The measure is built from weekly ...

This data series is part of the Center for Monetary Research. The U.S. Monetary Policy Event-Study Database (USMPD) collects high-frequency changes of interest rates and asset prices around Federal ...

Speaker: Brice Green, MIT Sloan School of Management Leonid Kogan, MIT Sloan School of Management and NBER Dimitris Papanikolaou, Northwestern Kellogg School of Management and NBER Lawrence D. W.

CPI Inflation Contributions from Goods and Services updates data on how much different types of goods and services contribute to changes in consumer price index (CPI) inflation. This tool is intended ...