Who Benefits When the Price of Insulin Soars?

One Dollar. One Vote.

How the Stock Market Drives Wealth Inequality

FEDS 2020-033: Health Insurance and Hospital Supply: Evidence from 1950s Coal Country

Theodore F. Figinski and Erin Troland | The United States government spends billions on public health…

IFDP 2020-1277: Patent-Based News Shocks

Danilo Cascaldi-Garcia and Marija Vukotić | We exploit firm-level data on patent grants and subsequent reactions…

FEDS 2020-032: Monetary Policy Uncertainty and Monetary Policy Surprises

Michiel De Pooter, Giovanni Favara, Michele Modugno, and Jason Wu | Monetary policy uncertainty affects the…

FEDS 2020-031: Social Distancing and Supply Disruptions in a Pandemic

Martin Bodenstein, Giancarlo Corsetti, and Luca Guerrieri | Drastic public health measures such as social distancing or…

FEDS 2020-029: “Revitalize or Stabilize”: Does Community Development Financing Work?

Daniel Ringo | Banks in the United States originate $100 billion in community development loans every…

FEDS 2020-028: Sowing the Seeds of Financial Imbalances: The Role of Macroeconomic Performance

Elena Afanasyeva, Sam Jerow, Seung Jung Lee, and Michele Modugno | The seeds of financial imbalances…

IFDP 2020-1276: Sovereign Risk Matters: The Effects of Endogenous Default Risk on the Time-Varying Volatility of Interest Rate Spreads

Sergio de Ferra and Enrico Mallucci | Emerging market interest rate spreads display substantial time-varying volatility.…