ECONOMY
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Anatomy of the Bank Runs in March 2023
Marco Cipriani, Thomas Eisenbach, and Anna Kovner Runs have plagued the banking system for centuries and returned to prominence with…
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Every Dollar Counts: The Top 5 Liberty Street Economics Posts of 2024
High prices and rising debt put pressure on household budgets this year, so it’s little wonder that the most-read Liberty…
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The New York Fed DSGE Model Forecast—December 2024
Sophia Cho, Marco Del Negro, Ibrahima Diagne, Pranay Gundam, Donggyu Lee, and Brian Pacula This post presents an update of…
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Using Stock Returns to Assess the Aggregate Effect of the U.S.-China Trade War
Mary Amiti, Matthieu Gomez, Sang Hoon Kong, and David E. Weinstein During 2018-19, the U.S. levied import tariffs of 10…
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Do Import Tariffs Protect U.S. Firms?
Mary Amiti, Matthieu Gomez, Sang Hoon Kong, and David E. Weinstein One key motivation for imposing tariffs on imported goods…
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Documenting Lender Specialization – Liberty Street Economics
Kristian Blickle and Eric Gao Robust banks are a cornerstone of a healthy financial system. To ensure their stability, it…
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Income Growth Outpaces Household Borrowing
Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw U.S. household debt balances grew by $147…
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Why Do Banks Fail? Bank Runs Versus Solvency
Sergio Correia, Stephan Luck, and Emil Verner Evidence from a 160-year-long panel of U.S. banks suggests that the ultimate cause…
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Why Do Banks Fail? The Predictability of Bank Failures
Sergio Correia, Stephan Luck, and Emil Verner Can bank failures be predicted before they happen? In a previous post, we…
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Why Do Banks Fail? Three Facts About Failing Banks
Sergio Correia, Stephan Luck, and Emil Verner Why do banks fail? In a new working paper, we study more than…
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