Economic Well-Being of Latino Households in the U.S.: a Scoping Review of Research on Poverty, the Safety Net, and Family Supports

Credibility is everything for Kevin Warsh. Congressional hearings this week showed how hard it will be for the new Federal Reserve chairman to keep it. Warsh had few, if any, major slip-ups amid intense questioning from Democrats — and supportive commentary from Republicans — in back-to-back days of testimony before the House and Senate on…

How to satisfy your inner trader without derailing your long-term investment goals.

This paper shows that the currency in which traded goods are invoiced has a first-order implication for the short-run impact of tariffs on the economy. If prices are set in terms of producer’s currency (PCP), a unilateral tariff is contractionary on impact, reducing GDP, and causing a deterioration in the trade balance. By contrast, with…

We wish to extend our gratitude for the support rendered to this research. Partial funding has been generously provided by the Ministry of Education, Culture, Sports, Science, and Technology in Japan (Grant No.: 22H00067; PI; Haruko Noguchi). We also acknowledge the Ministry of Health, Labour, and Welfare (MHLW) for granting authorization to utilize data identified…

Exchange of letters between the Governor and the Chancellor

Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.  Key quotes Delay in stimulus adjustment amid high inflation risk could trigger economic downturn.  Suitable monetary policy would ensure stable inflation, place economy on sustainable growth trajectory.  When upside…