Research Spotlight
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Watch FOMC Rewind: What Does the Fed’s March 2021 Decision Mean for You?
The Federal Open Market Committee noted in its March 2021 statement that, although indicators show an improvement in economic activity and employment, the hardest hit sectors remain weakened by the pandemic. What does the Fed’s decision to keep interest rates low mean for you? Let’s rewind and learn more in the SF Fed Blog.
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How COVID-19 Triggered a “She-cession”: SF Fed Research Featured in The Economist
The Economist article, “How COVID-19 Triggered America’s First Female Recession in over 50 Years” highlighted SF Fed research by Olivia Lofton, Nicolas Petrosky-Nadeau, and Lily Seitelman, from their working paper, “Parents in a Pandemic Labor Market.” The article notes that recent lower labor market participation among women reflects both differences in parental responsibilities during the […]
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Work of Five SF Fed Economists Featured in Recent JME
The latest supplement of the Journal of Monetary Economics recently published four articles from SF Fed staff economists in its massive 1,118-page issue. Check out these articles and other related research by our featured economists. “Endogenous Forecast Switching Near the Zero Lower Bound” by Kevin J. Lansing, pp. 153-169.“Unemployment Crises” by Nicolas Petrosky-Nadeau and Lu […]
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Two SF Fed Staff Make List of Top Young Economists
Two San Francisco economists were among the top young economists as of January 2021, according to IDEAS rankings. Mauricio Ulate, who joined the Economic Research Department in 2019, ranked 6th, and Pascal Paul, who joined in 2016, ranked 15th in the list. The top young economist rankings acknowledge the most prolific authors from a pool […]
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2021 Asia Economic Policy Conference: Call for Papers
Our Center for Pacific Basin Studies will host “Macroeconomic Policy and Global Economic Recovery” on November 19, 2021, as part of the Asia Economic Policy Conference series. Richard H. Clarida, Vice Chair of the Board of Governors of the Federal Reserve, is scheduled to be the keynote speaker. Researchers can submit papers for consideration by […]
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How Bad Is the U.S. 2020 Fire Season?
The U.S. 2020 fire season has been intense so far, especially in California and Oregon. Assessing the spread of wildfires through mid-November shows it is comparable to the two most damaging fire seasons in recent memory. However, learning the cost of actual damages will take time. Read SF Fed Blog by Luiz E. Oliveira for […]
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Assessing the Accuracy of China’s Economic Rebound from COVID-19
While China’s economy plunged following the outbreak of COVID-19, official data report that it has rebounded sharply. The San Francisco Fed’s China Cyclical Activity Tracker—or China CAT—confirms this, indicating modestly higher activity than China’s official data for the second quarter of 2020. Learn more about China’s economic growth through quarterly updates to the China CAT […]
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Watch FOMC Rewind: What the Fed’s July 2020 Decision Means for You
The Research Department has launched a new way to help people understand the policy statements released after each Federal Open Market Committee meeting. The first videos include a chat about what goes into policy discussions and another about the July 2020 FOMC decision. Check out the San Francisco Fed’s #FOMCrewind on Twitter, and read more […]
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Comparing News Sentiment in the Time of COVID-19 to the 2008 Financial Crisis
The Daily News Sentiment Index can be used to assess how sentiment responded to the COVID-19 crisis compared to the 2008 financial crisis. News sentiment declined at a similar pace and scale during both crises but recovered more quickly in the financial crisis. Read more on SF Fed Blog by Shelby Buckman, Adam Shapiro, and […]
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In the Headlines: Petrosky-Nadeau Research Hits Washington Post Front Page
The chart tells the story: “Jobless Rate Soars to 14.7%, Worst Level since Great Depression.” The front-page story in the Washington Post’s May 8 issue features a graphic from research by Nicolas Petrosky-Nadeau, FRB San Francisco, and coauthor Lu Zhang in their paper, “Unemployment Crises.” The Post notes that the authors analyze historical sources to […]