SF Fed Visitng Scholar Scott Allard and Assistant Vice President of Community Development Research Elizabeth Kneebone discuss the importance of job proximity, especially for lower-income workers, and ...

Shelter costs are one of the largest expenses for most households and an important component of overall inflation. It is therefore important to understand why shelter costs have remained stubbornly ...

As a community-engaged bank, the SF Fed seeks out real-time information on economic conditions by engaging with and learning from businesses, community organizations, and local leaders. These ...

In our Economic Letter, “Pandemic-Era Liquid Wealth Is Running Dry,” we look at the accumulation of “extra” liquid wealth by U.S. households during the pandemic and its eventual depletion. By late ...

Being a research associate (RA) at the San Francisco Fed means getting a chance to work with economists doing exceptional research and policy work. We are currently accepting applications and are ...

Shelter costs are one of the largest expenses for most households and an important component of overall inflation. It is therefore important to understand why shelter costs have remained stubbornly ...

We are now accepting applications for the San Francisco Fed’s two-year research associate (RA) program in Economic Research. Learn about the program and how RAs contribute to research and policy at ...

Stéphane Hallegatte is a Senior Climate Change Adviser at World Bank. His research interests include the economics of natural disasters and risk management, climate change adaptation, urban policy and ...

Wildfires have been a concern in California for decades. The intensity of these events has increased recently, with particularly large and destructive fire seasons between 2018 and 2021. Analysis ...

We provide novel empirical evidence that firms’ investment is more responsive to monetary policy when a higher fraction of their debt matures. In a heterogeneous firm New Keynesian model with ...

Inference for impulse responses estimated with local projections presents interesting challenges and opportunities. Analysts typically want to assess the precision of individual estimates, explore the ...