Minneapolis Fed President Neel Kashkari participates in a moderated conversation at the Council on Foreign Relations in New ...

Laura Vedder has been appointed assistant vice president in Treasury Services. In this role, Vedder is responsible for the ...

Kirsten Simon has been appointed vice president in Risk and Compliance at the Federal Reserve Bank of Minneapolis. In this role, Simon will lead the team responsible for the Federal Reserve System’s ...

The homeownership rate in the United States is reported to be 65 percent. But this commonly cited data point on homeownership is actually the owner-occupancy rate, which tells us how many housing ...

Increases in unemployment are not typically a result of increases in layoffs As it becomes more difficult to find jobs, more laid-off workers end up nonemployed In cooling labor markets, laid-off ...

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We describe the small amount of wage information in online job posts in the U.S. and how the information that is available is systematically correlated with occupation wages, firms wages, and local ...

Ariel Pakes is truly an economist’s economist. The Thomas Professor of Economics at Harvard has co-authored foundational papers that redefined how subsequent researchers model both supply and demand ...

Limited capacity prevents qualified students from attending selective colleges Expanding enrollment is predicted to increase average earnings eight times more than cost of expansion New seats ...

How do firms set wages? How should governments set income taxes? If labor supply is inelastic to wages, firms can pay workers less than their marginal products, and governments can increase taxes ...

Is the “low-hire, low-fire” U.S. job market resilient or stagnant … or both at once? What wage and hiring trends are obscured behind today’s low and steady unemployment rate? Minneapolis Fed ...

What are the causes and consequences of changes in market power and business dynamism in the U.S. economy? We answer these questions in a general equilibrium economy with firm heterogeneity, ...