We study the macroeconomic effects of tariff policy using U.S. historical data from 1840–2024. We construct a narrative series of plausibly exogenous tariff changes – based on major legislative ...
An inflationary gap can occur due to increased consumer spending. Learn how it’s calculated and what affects it.
Climate change presents a major threat to long-term growth and prosperity, and has a direct impact on the economic wellbeing of all countries. The IMF has an important role to play in helping its ...
Discover how managed currencies work, the role of central banks, and the benefits of exchange rate management in stabilizing ...
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Thank you to our speakers for participating in this event today, and to Joyce, FIASI, and all of the organizers for making it happen. This is the third consecutive year that the New York Fed has ...