FRBSF Economic Letter
1973 - 2025
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2020, volume 2020, articles 37
- 2020 Lessons, 2021 Priorities pp. 01-08

- Mary Daly
2020, volume 2020, articles 36
- Permanent and Transitory Effects of the 2008–09 Recession pp. 01-05

- Andrew Foerster and Lily Seitelman
2020, volume 2020, articles 35
- Small Business Lending during COVID-19 pp. 01-05

- Remy Beauregard, Jose Lopez and Mark Spiegel
2020, volume 2020, articles 34
- Temporary Layoffs and Unemployment in the Pandemic pp. 01-05

- Noah Kouchekinia, Marianna Kudlyak, Mitchell Ochse and Erin Wolcott
2020, volume 2020, articles 33
- Sudden Stops and COVID-19: Lessons from Mexico’s History pp. 01-05

- Gianluca Benigno, Andrew Foerster, Christopher Otrok and Alessandro Rebucci
2020, volume 2020, articles 32
- Is the Federal Reserve Contributing to Economic Inequality? pp. 07

- Mary Daly
2020, volume 2020, articles 31
- Assessing Recent Stock Market Valuation with Macro Data pp. 01-06

- Kevin Lansing
2020, volume 2020, articles 30
- Risk of Business Insolvency during Coronavirus Crisis pp. 01-05

- Sophia M. Friesenhahn and Simon Kwan
2020, volume 2020, articles 29
- Commercial Banks under Persistent Negative Rates pp. 01-05

- Remy Beauregard and Mark Spiegel
2020, volume 2020, articles 28
- Did the $600 Unemployment Supplement Discourage Work? pp. 01-05

- Nicolas Petrosky-Nadeau and Robert Valletta
2020, volume 2020, articles 27
- Adjusting the Unemployment Thermometer pp. 01-05

- Régis Barnichon and Winnie Yee
2020, volume 2020, articles 26
- The Illusion of Wage Growth pp. 01-05

- Erin E. Crust, Mary Daly and Bart Hobijn
2020, volume 2020, articles 25
- Disruptions to Starting a Business during COVID-19 pp. 01-05

- Huiyu Li and Mitchell Ochse
2020, volume 2020, articles 24
- Monitoring the Inflationary Effects of COVID-19 pp. 01-06

- Adam Shapiro
2020, volume 2020, articles 23
- Emerging Bond Markets and COVID-19: Evidence from Mexico pp. 01-05

- Jens Christensen, Eric Fischer and Patrick Shultz
2020, volume 2020, articles 22
- Average-Inflation Targeting and the Effective Lower Bound pp. 01

- Renuka Diwan, Sylvain Leduc and Thomas Mertens
2020, volume 2020, articles 21
- The Highs and Lows of Productivity Growth pp. 5

- Andrew Foerster, Christian Matthes and Lily Seitelman
2020, volume 2020, articles 20
- The Fog of Numbers pp. 5

- Oscar Jorda, Noah Kouchekinia, Colton Merrill and Tatevik Sekhposyan
2020, volume 2020, articles 19
- Rising Wildfire Risk for the 12th District Economy pp. 5

- James Aylward and Luiz E. Oliveira
2020, volume 2020, articles 18
- COVID-19 and CO2 pp. 06

- Galina Hale and Sylvain Leduc
2020, volume 2020, articles 17
- The Unequal Impact of COVID-19: Why Education Matters pp. 5

- Shelby R. Buckman, Mary Daly and Lily Seitelman
2020, volume 2020, articles 16
- Are Banks Exposed to Interest Rate Risk? pp. 05

- Pascal Paul and Simon Zhu
2020, volume 2020, articles 15
- We Can’t Afford Not To pp. 08

- Mary Daly
2020, volume 2020, articles 14
- Market Assessment of COVID-19 pp. 5

- Simon Kwan and Thomas Mertens
2020, volume 2020, articles 13
- The COVID-19 Fiscal Multiplier: Lessons from the Great Recession pp. 5

- Daniel Wilson
2020, volume 2020, articles 12
- An Unemployment Crisis after the Onset of COVID-19 pp. 5

- Nicolas Petrosky-Nadeau and Robert Valletta
2020, volume 2020, articles 11
- Coronavirus and the Risk of Deflation pp. 5

- Jens Christensen, James M. Gamble and Simon Zhu
2020, volume 2020, articles 10
- Historical Patterns around Financial Crises pp. 05

- Pascal Paul and Joseph H. Pedtke
2020, volume 2020, articles 09
- Mitigating COVID-19 Effects with Conventional Monetary Policy pp. 05

- Vasco Cúrdia
2020, volume 2020, articles 08
- News Sentiment in the Time of COVID-19 pp. 05

- Shelby R. Buckman, Adam Shapiro, Moritz Sudhof and Daniel Wilson
2020, volume 2020, articles 07
- The Uncertainty Channel of the Coronavirus pp. 05

- Sylvain Leduc and Zheng Liu
2020, volume 2020, articles 06
- Why Is Unemployment Currently So Low? pp. 05

- Marianna Kudlyak and Mitchell Ochse
2020, volume 2020, articles 05
- Is the Risk of the Lower Bound Reducing Inflation? pp. 05

- Robert Amano, Thomas Carter and Sylvain Leduc
2020, volume 2020, articles 04
- The New Stone Soup pp. 07

- Mary Daly
2020, volume 2020, articles 03
- Wringing the Overoptimism from FOMC Growth Forecasts pp. 05

- Kevin Lansing and Winnie Yee
2020, volume 2020, articles 02
- Who from Out of the Labor Force Is Most Likely to Find a Job? pp. 05

- Marianna Kudlyak
2020, volume 2020, articles 01
- Long-Run Effects of the Earned Income Tax Credit pp. 05

- David Neumark and Peter Shirley
2019, volume 2019, articles 31
- The Economics of Climate Change: A First Fed Conference pp. 5

- Galina Hale, Oscar Jorda and Glenn Rudebusch
2019
- How Much Do We Spend on Imports?

- Galina Hale, Bart Hobijn, Fernanda Nechio and Doris Wilson
- Does Ultra-Low Unemployment Spur Rapid Wage Growth?

- Sylvain Leduc, Chitra Marti and Daniel Wilson
- Nonmanufacturing as an Engine of Growth

- Huiyu Li
- How Much Could Negative Rates Have Helped the Recovery?

- Vasco Cúrdia
- Inflation: Stress-Testing the Phillips Curve

- Oscar Jorda, Chitra Marti, Fernanda Nechio and Eric Tallman
- Measuring Connectedness between the Largest Banks

- Galina Hale, Jose Lopez and Shannon Sledz
- Inflationary Effects of Trade Disputes with China

- Galina Hale, Bart Hobijn, Fernanda Nechio and Doris Wilson
- Modeling Financial Crises

- Pascal Paul
- Climate Change and the Federal Reserve

- Glenn Rudebusch
- Does the Fed Know More about the Economy?

- Pascal Paul
- Banks’ Real Estate Exposure and Resilience

- Simon Kwan
- The Evolution of the FOMC’s Explicit Inflation Target

- Adam Shapiro and Daniel Wilson
- Improving the Phillips Curve with an Interaction Variable

- Kevin Lansing
- The Risk of Returning to the Zero Lower Bound

- Jens Christensen
- Is the Hot Economy Pulling New Workers into the Labor Force?

- Régis Barnichon
- Why Is the Fed’s Balance Sheet Still So Big?

- Andrew Foerster and Sylvain Leduc
- Is Slow Still the New Normal for GDP Growth?

- John Fernald and Huiyu Li
- How Have Changing Sectoral Trends Affected GDP Growth?

- Andrew Foerster, Andreas Hornstein, Pierre Daniel Sarte and Mark Watson
- Why Is Inflation Low Globally?

- Oscar Jorda, Chitra Marti, Fernanda Nechio and Eric Tallman
- The Brexit Price Spike

- Neil Gerstein, Bart Hobijn, Fernanda Nechio and Adam Shapiro
- Unemployment: Lower for Longer?

- Nicolas Petrosky-Nadeau and Robert Valletta
- Negative Interest Rates and Inflation Expectations in Japan

- Jens Christensen and Mark Spiegel
- A New Balancing Act: Monetary Policy Tradeoffs in a Changing World

- Mary Daly
- Zero Lower Bound Risk according to Option Prices

- Michael Bauer and Thomas Mertens
- Are Workers Losing to Robots?

- Sylvain Leduc and Zheng Liu
- How Severe Is China’s Slowdown? Evidence from China CAT

- John Fernald, Neil Gerstein and Mark Spiegel
- Yield Curve Responses to Introducing Negative Policy Rates

- Jens Christensen
- Is Rising Concentration Hampering Productivity Growth?

- Pete Klenow, Huiyu Li and Theodore Naff
- Riders on the Storm

- Oscar Jorda and Alan Taylor
- Involuntary Part-Time Work a Decade after the Recession

- Marianna Kudlyak