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How Do Consumers Finance Increased Retirement Savings?
Taha Choukhmane, MIT Sloan School of Management
Higher retirement savings might not translate into net wealth accumulation if, rather than cutting spending, individuals reduce their...
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium
Victoria Gregory, Federal Reserve Bank of St. Louis
This paper seeks to understand the forces that maintain racial segregation and the Black-White gap in college attainment, as well as their...
Ideas Rents and Firm Growth with Timo Boppart, Peter Klenow and Reiko Laski
Huiyu Li, Federal Reserve Bank of San Francisco
Which firms drive aggregate growth? Price-earnings ratios differ markedly and persistently across publicly-listed firms. Large differences...