We produce a wide range of publications that share the latest data, analysis, and insights from various teams at the SF Fed. Our publications help inform and strengthen public understanding of economic issues and its impact on people and communities.

Latest Beige Book

Summary of Commentary on Current Economic Conditions: Federal Reserve Bank of SF

Economic Research Publications

FRBSF Economic Letter >

Economic analysis for general audiences

  • How Quickly Do Prices Respond to Monetary Policy?

    With inflation still above the Federal Reserve’s 2% objective, there is renewed interest in understanding how quickly federal funds rate hikes typically affect inflation. Beyond monetary policy’s well-known lagged effect on the economy overall, new analysis highlights that not all prices respond with the same strength or speed. Results suggest that inflation for the most responsive categories of goods and services has come down substantially from recent highs, likely due in part to more restrictive monetary policy. As a result, the contributions of these categories to overall inflation have fallen.

View all FRBSF Economic Letters

FedViews >

Analysis of current economic developments and the outlook

  • FedViews: April 18, 2024

    Huiyu Li, research advisor at the Federal Reserve Bank of San Francisco, stated her views on the current economy and the outlook as of April 18, 2024.

View all FedViews

Working Papers >

The latest in economic research

  • Are Medicaid and Medicare Patients Treated Equally?

    We examine whether Medicaid recipients receive the same health care services as those on Medicare. We track the services provided to the same individual as they age into Medicare from Medicaid at age 65, becoming dual enrolled. Cost sharing remains negligible across the insurance switch, implying that observed changes in service provision reflect supply-side factors. Service provision increases by about 20 percent upon switching to Medicare, across a range of categories and treatments including high-value care. We find that 60 to 90 percent of the increase in office visits is explained by physicians averse to accepting new Medicaid patients. Geographic variation in our estimates shows that the average increase in utilization is larger in those states with lower Medicaid acceptance rates and higher Medicare acceptance rates. By contrast, we find relatively small increases in care from existing Medicaid providers. This analysis indicates that Medicaid’s smaller provider network plays a large role in limiting service provision.

View all Working Papers

Community Development Publications

Community Development Innovation Review >

The Community Development Innovation Review focuses on bridging the gap between theory and practice, from as many viewpoints as possible. The goal of this journal is to promote cross-sector dialogue around a range of emerging issues and related investments that advance economic resilience and mobility for low- and moderate-income communities.

  • Fintech, Racial Equity, and an Inclusive Financial System

    Fintech, Racial Equity, and an Inclusive Financial System

    This issue of the Community Development Innovation Review examines the promise and pitfalls of financial technology, or fintech, for fostering racial equity and greater financial inclusion. Edited in partnership with the SF Fed’s Fintech team and Aspen Institute’s Financial Security Program, this issue brings together a broad set of voices from people working in various roles—including in technology, community development, economic inclusion, regulation, and investment—to contextualize gaps in the financial system and consider ways to address them.

    Read more

    View all Community Development Innovation Review Publications

Community Development Research Briefs >

Research Briefs feature data and commentary on community development trends and issues.

Community Development Working Papers >

Working papers provide in-depth analysis of emerging community development issues from practitioners and scholars.

  • Housing Market Interventions and Residential Mobility in the San Francisco Bay Area

    Housing Market Interventions and Residential Mobility in the San Francisco Bay Area

    Limited evaluation research exists on which housing solutions are most effective in stabilizing communities so that those who wish to stay are able to do so in the midst of an influx of newcomers. This study seeks to fill this gap by assessing patterns of individual and household mobility related to specific housing interventions in the nine-county San Francisco Bay Area. Specifically, this study examines impacts of market-rate and subsidized development, and tenant protections, including rent stabilization and just cause for evictions protections.

    Read more

    View all Community Development Working Papers

Banking Publications

First Glance 12L >

These quarterly reports highlight key indicators of 12th District banking conditions.

Supervision in Brief >

This publication offers observations by the Head of Supervision of Financial Institution Supervision and Credit (FISC) on current banking and regulatory issues facing 12th District institutions.

Archived Publications

Asia Focus (Banking) >

Banks at a Glance >

District Circular Letters >

Fintech Edge >

Real Estate Lending Monitor >