AI adoption and use are still evolving, and the technology itself is changing rapidly. What we know about AI and its impact ...

The large increase and subsequent decline of unauthorized immigrant workers in recent years have raised questions about the impact of these changes on local labor markets across the United States. New ...

This paper examines the evolution of artificial intelligence (AI) patent rates (i.e., the number of AI patents/number of firms of the same type) and concentration metrics (i.e., the ...

Understanding housing demand dynamics through two indicators, income growth and population growth, provides important insights into housing affordability. Research shows that average U.S. income ...

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research Network (EERN) to support a better ...

Using administrative data from France, we document that within the same detailed occupation, industry, and commuting zone, workers who work from home earn on average 12% higher hourly wages than fully ...

Recent research suggests that generic large language models (LLMs) can match the accuracy of traditional methods when forecasting macroeconomic variables in pseudo out-of-sample settings generated via ...

While the risks to price stability versus maximum employment – the Fed's two congressionally mandated goals – look "relatively balanced,” Daly said, the ...

Since the arrival of ChatGPT in 2022, generative artificial intelligence technologies have been reshaping the way we work and live. As of August 2025, generative AI tools were used by 55% of people ...