ECONOMY
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The College Economy: Educational Differences in Labor Market Outcomes
Rajashri Chakrabarti, Thu Pham, Beckett Pierce, and Maxim Pinkovskiy It is intuitive that workers with higher levels of education tend to…
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Student Loan Delinquencies Are Back, and Credit Scores Take a Tumble
Andrew F. Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw This morning, the Center for Microeconomic…
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Student Loan Balance and Repayment Trends Since the Pandemic Disruption
Daniel Mangrum and Crystal Wang This month marks five years since the start of the COVID-19 pandemic, after which subsequent…
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Monetary Policy Spillovers in the Global Economy
Sushant Acharya, Ozge Akinci, Silvia Miranda-Agrippino, and Paolo A. Pesenti Understanding cross-border interdependencies and inspecting the international transmission mechanism of…
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How Household Saving Affects Monetary Policy Spillovers
Sushant Acharya, Ozge Akinci, Silvia Miranda-Agrippino, and Paolo A. Pesenti As covered in the first post in this series, the…
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The Origins of Market Power in DeFi
Pablo D. Azar, Adrian G. Casillas, and Maryam Farboodi In our previous Liberty Street Economics post, we introduced the decentralized…
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Gauging the Strength of China’s Economy in Uncertain Times
Jeffrey B. Dawson and Hunter L. Clark Amid increasing pressure on the Chinese economy from China’s trade conflict with the…
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Stablecoins and Crypto Shocks: An Update
Kenechukwu Anadu, Pablo D. Azar, Marco Cipriani, Thomas M. Eisenbach, Catherine Huang, Mattia Landoni, Gabriele La Spada, Marco Macchiavelli, Antoine…
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Is College Still Worth It?
Jaison R. Abel and Richard Deitz A college degree was once viewed as a surefire ticket to a good job…
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When College Might Not Be Worth It
Jaison R. Abel and Richard Deitz In our last post, we showed that the economic benefits of a college degree…
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