We find that technology adoption greatly amplifies the multipliers' magnitudes, and it changes the ranking of priority sectors for industrial policy.
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Our March business surveys included special questions on return-to-office policies and on-site expectations four years after the pandemic motivated a rapid conversion to remote work for a portion of jobs.
Findings from UM's Survey of Consumers suggest that being affiliated with the political party in power makes consumers more engaged and, in turn, more informed about the state of the economy.
The authors demonstrate how the real estate agent compensation structure deviates from cost basis and may lead to elevated home prices, overused agent services, and prolonged home searches.
This model explains how an increase in intermediation costs leads to structural changes in the corporate bond market
Fifth District Surveys of Manufacturing and Service Sector Activity
Manufacturing activity slowed while the service sector remained relatively soft in March.
Our mission is to champion diversity in economic research and policymaking by mentoring and connecting women and promoting their high-quality research.
Since 2021, the Collaboration of Research Economists (CORE) model has combined frontier research and an innovative delivery method to advance collaboration within the economics profession. Economists from a range of disciplines join with Richmond Fed economists eight times per year for seminars, collaboration, and formal and informal networking — all with an eye toward advancing economic research.
Research Associates help the Richmond Fed's economists with their research and policy memos for briefing the Bank's president on the state of the economy. For recent graduates thinking about applying to a Ph.D. program, this position is an ideal way to learn more about academic economic research.