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.
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 ...
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