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Author:Hoevelmann, Kaitlyn 

The Labor Force Participation Rate, Explained

The labor force includes working age people who are employed and some who are not employed. What factors can affect the labor force participation rate? And what effect does LFP have on the economy?
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The Economic Costs of the Opioid Epidemic

Researchers must consider many costs to determine the full effect of the opioid crisis on the U.S. economy, including criminal justice, treatment, health complications and more.
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How COVID-19 Is Affecting Students' College Decisions

Some students have considered 'gap' years, and many worry about lost or delayed opportunities and experiences.
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Why I Pursued an Economics Career: Stories from Three Prominent Women

Learn why The Economist editor-in-chief, a leading Baylor researcher, and the president of the Centre for Economic Policy Research decided to work in the field.
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What's a Countercyclical Capital Buffer? Here's a Rundown

A countercyclical capital buffer is designed to shore up financial system resiliency by having banks build up extra capital during booms to protect against losses in downturns.
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Why I Chose to Study Economics: A Student Shares Her Story

Economics is like "a puzzle that needs to be solved, and I enjoy putting the pieces together," says Mizzou student and St. Louis Fed intern Kaitlyn Hoevelmann.
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How Payday Loans Work

Payday loans work differently than other loans. They provide a convenient way to get short-term ''fast cash,'' but their interest rates are much higher than those of traditional loans.
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