Sylvain Leduc, executive vice president and director of research at the Federal Reserve Bank of San Francisco, shared views ...

Economic activity in the Twelfth District edged down slightly during the mid-August to September reporting period. Employment ...

"For me, relaxing the policy rate to make sure it continues to be modestly restrictive — but not so restrictive that it ...

Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation.

Motivated by behavioral evidence, we develop a tractable method for incorporating competition neglect in a general equilibrium firm investment problem. Competition neglect causes firms to ...

We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich microdata and advances in production function estimation, the method ...

Moving steadily through change takes intention, commitment to one’s goals, collecting evidence, and deciding. And most of all, it takes a commitment to be willing to repeat the process of anchoring, ...

Bootstrap procedures for local projections typically rely on assuming that the data generating process (DGP) is a finite order vector autoregression (VAR), often taken to be that implied by the local ...

A timely and accurate assessment of labor market conditions is essential for policymakers and market participants. Our SF Fed Blog by Òscar Jordà and Sanjay Singh introduces our weekly Labor Market ...

Generative artificial intelligence (AI) has rapidly emerged as a potentially important workplace technology. In an earlier blog post, we discussed results from the first nationally representative U.S.

An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...

I do want to caution us against thinking all bubbles are financial. I don't see many signs that that's the case. Research and ...