Search

90 results found

January 1, 2025
Working Paper

No. 84
Fair Access to Banking
Usually characterized as the sudden closure of a financial account, debanking has been in and out of the headlines repeatedly over recent years.
By Nicholas Anthony
December 27, 2024
Working Paper

No. 83
Housing Availability and Affordability: Evidence That the United States Is Not in a Crisis
During the past few years many groups have suggested that the United States is experiencing a housing crisis, one marked by a supply deficit and affordability problems.
By S. Sayantani, Norbert Michel, and Jerome Famularo
November 13, 2024
Working Paper

No. 82
Manhattan Institute’s “Lifetime Fiscal Impact of Immigrants” Report Shows Upside to Immigration
The Manhattan Institute developed a fiscal model that assigns all federal government spending to individuals and projects it forward 100 years.
By David J. Bier
September 13, 2024
Working Paper

No. 81
Central Banker’s Hours: The Fed’s Tortuous, Slow Road to Faster Payments
The best way to appreciate the importance of timely wholesale settlements is by taking a close look at how ordinary U.S. dollar payments are completed.
By George Selgin
March 18, 2024
Working Paper

No. 80
Banks Are Intermediaries of Loanable Funds
This essay defends the supposedly naïve “Intermediation” theory of banking against its lately de rigueur “Thin Air” rival.
By George Selgin
December 15, 2023
Working Paper

No. 79
Measurable Relationships Between Freedom and Prosperity and the Consequences for the Washington Consensus and New Economic Paradigm
Freedom is the condition in which we “live our lives as we choose so long as we respect the equal rights of others.”
By John F. Early
October 26, 2023
Working Paper

No. 78
Has Fed Policy Mattered for Inflation? Evidence from a Structural Monetary Model
Results from a standard monetary model show that supply factors, not monetary policy, are the primary determinants of inflation in the U.S.
By Jai Kedia
June 1, 2023
Working Paper

No. 77
Following the Taylor Rule: Has the Fed Learned from Its Own “Success”?
Since 2009, monetary policy has been exceptionally loose, with the Fed failing to increase the policy rate in response to macro indicators.
By Jai Kedia
May 8, 2023
Working Paper

No. 76
Has Fed Policy Mattered for Inflation? Evidence from Monetary VARs
This paper investigates the effects of unanticipated changes to monetary policy on inflation
By Jai Kedia
May 3, 2023
Working Paper

No. 75
Economic Freedom, Development and Casualties in Interstate Conflict
The idea that territorial aggrandizement affords nations significant power in the 21st century is nostalgic, at best.
By Erik Gartzke
March 17, 2023
Working Paper

No. 74
Disease Mix and How Economic Freedom Matters for Health Outcomes
What is the relationship between economic freedom (i.e., secure property rights, limited regulation, sound money, free trade, etc.) and public health?
By Vincent Geloso, Kelly Hyde, and Ilia Murtazashvili
March 17, 2023
Working Paper

No. 73
The Minimum Wage Undermined the Au Pair Program in Massachusetts
The court-mandated wage increase reduced the number of au pairs and inflicted high costs on American families and au pairs who were not hired.
By Alex Nowrasteh and Vanessa Brown Calder
December 19, 2022
Working Paper

No. 72
Fintech Fraud or Federal Failure?
Although PPP fraud should be condemned, the fraud itself was a symptom of a much more fundamental problem
By Nicholas Anthony
December 15, 2022
Working Paper

No. 71
Regulatory Clarity for Crypto Marketplaces
This briefing paper proposes crypto marketplace regulatory policy that is sensitive to these distinctions.
By Jack Solowey and Jennifer J. Schulp
November 18, 2022
Working Paper

No. 70
Central Bank Digital Currency: Assessing the Risks and Dispelling the Myths
In the case of a CBDC, however, the digital dollars would be a liability of the central bank itself.
By Nicholas Anthony and Norbert Michel