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Showing results 1 to 10 of approximately 35.
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Journal Article
School District Expenditures and Race
On average, spending per student is very similar for Black and White students, yet schools with a higher share of Black students spend less per student on instruction.
Investigating the Role of Geography in Economics
Hannah Rubinton, an economist at the St. Louis Fed, explores how geography might affect one’s college attainment.
Journal Article
Child Poverty Rates in the Eighth District and Beyond
Child poverty and income volatility are higher in the Fed’s Eighth District than in the rest of the country, but the 2021 child tax credit could help alleviate these issues.
Do Congested Ports Cause Higher Shipping Costs?
An analysis of changes in the cost to ship to major U.S. ports suggests that rising costs varied more by the country of origin than by the port of entry.
Working Paper
Shipping Prices and Import Price Inflation
During the pandemic there have been unprecedented increases in the cost of shipping goods accompanied by delays and backlogs at the ports. At the same time, import price inflation has reached levels unseen since the early 1980s. This has led many to speculate that the two trends are linked. In this article, we use new data on the price of shipping goods between countries to analyze the extent to which increases in the price of shipping can account for the increase in U.S. import price inflation. We find that the pass-through of shipping costs is small. Nevertheless, because the rise in ...
Journal Article
Shipping Prices and Import Price Inflation
During the pandemic, there have been unprecedented increases in the cost of shipping goods accompanied by delays and backlogs at the ports. At the same time, import price inflation has reached levels unseen since the early 1980s. This has led many to speculate that the two trends are linked. In this article, we use new data on the price of shipping goods between countries to analyze the extent to which increases in the price of shipping can account for the rise in U.S. import price inflation. We find that the pass-through of shipping costs is small. Nevertheless, because the rise in shipping ...
Working Paper
Inequality in the Welfare Costs of Disinflation
We use an incomplete markets economy to quantify the distribution of welfare gains and losses of the US “Volcker” disinflation. In the long run households prefer low inflation, but disinflation requires a transition period and a redistribution from net nominal borrowers to net nominal savers. Welfare costs may be significant for households with nominal liabilities. When calibrated to match the micro and macro moments of the early 1980s high-inflation environment and the actual changes in the nominal interest rate and inflation during the Volcker disinflation, nearly 60 percent of all ...
Journal Article
Information and Communications Technology Spending and City Size
Firms in big cities are spending more on information and communications technology than firms in small cities, a likely cause of the growing economic divide between big and small U.S. cities.
How Income Volatility Affects Food Volatility
Family income volatility can affect children negatively in the long term, but it can also determine how much parents are able to spend on food.
Journal Article
Income Segregation and Income Inequality
This essay examines the relationship between income inequality and income segregation in the 100 largest cities in the United States.