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Deep Neural Network Estimation in Panel Data Models
Federal Reserve Research: Cleveland In this paper we study neural networks and their approximating power in panel data models. We provide asymptotic guarantees on deep feed-forward neural network estimation of the conditional mean, building on the work of Farrell et al. (2021), and explore latent patterns in the cross-section. We use the proposed estimators to […]
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Weather-Adjusted Employment Change
The Weather-Adjusted Employment Change data page provides estimates of monthly weather-adjusted employment changes in the United States. Starting with the official Bureau of Labor Statistics (BLS) series on the monthly change in total nonfarm payroll employment, we adjust for the employment effects of atypical seasonal weather, defined as deviations from historical seasonal norms following the […]
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Pascal Paul
Pascal Paul is a senior economist in the Economic Research Department of the Federal Reserve Bank of San Francisco.
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What We Learned from Twelfth District Agriculture CEOs about Climate Resilience
How do the farmers, ranchers and food producers view climate risk? In a recent roundtable with President Mary Daly, CEOs from the Twelfth District’s agricultural sector shared their insights on managing climate risk.
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Watch FOMC Rewind: What the Fed’s January 2022 Decision Means for You
What was the Fed’s January 2022 decision? And how does it affect you? FOMC Rewind breaks it down.
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Behind the Scenes: Building the SF Fed Data Explorer
Erin Crust, a Research Associate from the Economic Research department, shares the story behind the development of the SF Fed Data Explorer.
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FedViews: June 2, 2022
Mark Spiegel, senior policy advisor at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of June 2, 2022.
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Watch FOMC Rewind: What the Fed’s December 2021 Decision Means for You
What was the Fed’s December 2021 decision? And how does it affect you? FOMC Rewind breaks it down.
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My Family’s Story of the Mexican American Dream
For Kylie Garcia, an event producer at the SF Fed, opportunity is a pathway paved by hard work and resilience. In celebration of Hispanic Heritage Month, she shares her family’s story of the Mexican American Dream.
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Watch FOMC Rewind: What the Fed’s September 2021 Decision Means for You
How does the Fed’s September 2021 FOMC decision affect you? FOMC Rewind breaks it down.