Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Discussion Paper
How Is Technology Changing the Mortgage Market?
Vickery, James; Fuster, Andreas; Plosser, Matthew (2018-06-25)
The adoption of new technologies is transforming the mortgage industry. For instance, borrowers can now obtain a mortgage entirely online, and lenders use increasingly sophisticated methods to verify borrower income and assets. In a recent staff report, we present evidence suggesting that technology is reducing frictions in mortgage lending, such as reducing the time it takes to originate a mortgage, and increasing the elasticity of mortgage supply. These benefits do not seem to come at the cost of less careful screening of borrowers.
Liberty Street Economics , Paper 20180625

Journal Article
Information and Communications Technology Spending and City Size
Rubinton, Hannah; Isaacson, Maggie (2021-04-26)
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.
Economic Synopses , Issue 7 , Pages 1-2

From Partner to Rival: Understanding China’s Technological Rise through Patent Data
de Soyres, Francois; Fisgin, Ece; Santacreu, Ana Maria (2025-04-03)
A new measure of patent similarity shows China shifting its international patents toward technology-intensive industries traditionally dominated by developed nations.
On the Economy

Briefing
The Productivity Puzzle: AI, Technology Adoption and the Workforce
Henry, Erin; Sarte, Pierre-Daniel G.; Taylor, Jack (2024-08)
In 1987, economist Robert Solow said, "You can see the computer age everywhere but in the productivity statistics."1 This quote underscores the challenges in tracing the effects of information technology and automation on productivity and the economy at large. Understanding the role of technology in labor productivity growth remains an ongoing quest in economics, one made even more pertinent by recent advances in artificial intelligence (AI) as well as the further adoption of generative AI and large language models (LLMs).Estimates of the effect of AI on economic and productivity growth range ...
Richmond Fed Economic Brief , Volume 24 , Issue 25

Journal Article
Texas high tech shakes off post-pandemic slump, readies new growth path
Kerr, Emily; Leigh, Robert; Torres, Luis (2024-05-03)
Texas is poised to lead in new advanced technologies, notably artificial intelligence (AI) and semiconductor manufacturing.
Southwest Economy

Journal Article
Texas economy rides wave of changing technology and diffusion of know-how
Assanie, Laila; Su, Yichen (2022)
Data on patents and employment show that Texas is a major center of innovation and high-tech employment.
Southwest Economy , Issue Fourth Quarter

Newsletter
Technology’s Impact on Farming and the Rural Midwest
Oppedahl, David B. (2019)
On November 27, 2018, the Federal Reserve Bank of Chicago held a conference to explore the opportunities and challenges presented by new technologies to farms and rural areas in the Midwest and other parts of the U.S. Experts from academia, industry, and policy institutions gathered to discuss how technological advances have reshaped the rural economy and how they may affect its future.
Chicago Fed Letter

Journal Article
Opinion: Artificial Intelligence: Potentials and Prospects
Wang, Zhu (2024-08-13)
We are at the dawn of a new technological revolution. The recent development of artificial intelligence (AI), especially the emergence of generative AI, has offered a plausible future in which machines will eventually free humans from a wide range of cognitive tasks, unleashing vast creativity and productivity gains.
Econ Focus , Volume 24 , Issue 3Q , Pages 32

Journal Article
Mexican IT services firm pitches ‘nearshoring’ as alternative to overseas ties
Cañas, Jesus (2023-07-07)
Softek chief executive Beni Lopez discusses the competitive challenges the firm faces in the North American market, where many of the world’s leading tech services firms are based, and the genesis of the company’s nearshoring strategy.
Southwest Economy

Newsletter
Promise and Peril: Managing the Uncertainty of Rapid Innovation and a Changing Economy
Rhodes, Kristin; Dumitriu, Alexandra; Markovich, Courtney; Edwards, Andrew; Christopoulos, Louie; Brookshire, Makaylah; Wolfe, Brian; Black, Lamont K. (2017)
The Chicago Fed?s Supervision and Regulation Department and DePaul University?s Center for Financial Services held their tenth annual risk conference on March 29?30, 2017. The conference brought together financial industry professionals, academics, and regulators to discuss the rapid pace of technological innovation in financial services, as well as the uncertainty of the changing economy through the lens of risk management.
Chicago Fed Letter

show more (2)

show more (9)

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

FILTER BY Keywords