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Report
Report on the Economic Well-Being of U.S. Households in 2014
Thomas, Logan; Arthur-Bentil, Mario; Dodini, Samuel; Larrimore, Jeff (2015-05)
As the economy of the United States continues to rebound from the Great Recession, the well-being of households and consumers provides important information about the scope and pace of the economic recovery. In order to monitor the financial and economic status of American consumers, the Federal Reserve Board began conducting the Survey of Household Economics and Decision making in 2013 and conducted the survey for a second time in October 2014. The findings from the October 2014 survey are covered in this report. Topics examined in the survey include the financial health of individuals on a ...
Reports and Studies

Discussion Paper
Does it Matter who your Parents are? Findings on Economic Mobility from the Survey of Household Economics and Decisionmaking
Larrimore, Jeff (2015-07-20)
Coming out of the Great Recession, there are renewed concerns about the level of economic opportunity throughout the income distribution and the extent to which economic advancement is a realistic goal for all American families.
FEDS Notes , Paper 2015-07-20

Working Paper
Earnings Business Cycles: The Covid Recession, Recovery, and Policy Response
Splinter, David; Larrimore, Jeff; Mortenson, Jacob (2023-01-06)
Using a panel of tax data, we follow the earnings of individuals over business cycles. Compared to prior recessions, the Covid policy response and recovery were far more progressive. Among workers starting in the bottom quintile, median real earnings including fiscal relief increased 66 percent in 2020 and earnings increases offset relief decreases in the 2021 recovery. After the prior two recessions, this measure had decreased by 24 percent. Among those starting in the top quintile, median and average real earnings were approximately unchanged. This difference from prior recessions is ...
Finance and Economics Discussion Series , Paper 2023-004

Discussion Paper
Improving Housing Payment Projections during the COVID-19 Pandemic
Larrimore, Jeff; Troland, Erin (2020-10-20)
COVID-19 caused widespread job loss, raising concerns about whether people can still cover their rent or mortgage expenses. Policymakers and researchers are working to understand the effects of the pandemic on housing payments and predict future payment rates.
FEDS Notes , Paper 2020-10-20

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