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Macroeconomics

Minneapolis Fed research examining the larger, aggregate view of the economy, including trends in income and spending of government, business, nonprofit institutions, and households.

1-12 of 246

Staff Reports
Trade in AI-Related ProductsMichael E. Waugh | Monetary Advisor
April 8, 2026
Research
Staff Reports
Trade Models, Trade Elasticities, and the Gains from Trade

Ina Simonovska | UC Davis, NBER, CEPR

Michael E. Waugh | Monetary Advisor
April 2, 2026
Research
Staff Reports
Why Do Americans No Longer Work So Much More Than Non-Americans?

Serdar Birinci | Federal Reserve Bank of St. Louis

Loukas Karabarbounis | Consultant

Kurt See | National University of Singapore

March 25, 2026
Research
Minneapolis Fed Quarterly Review
The Macroeconomic Causes and Consequences of Inflation

Donald Kohn | Brookings Institution

Guido Lorenzoni | University of Chicago

Lucrezia Reichlin | London Business School

Mark Watson | Princeton University

March 18, 2026
Research
Staff Reports
Why People Disagree About What Drives Stock PricesAndrew Atkeson | ConsultantJonathan Heathcote | Monetary Advisor & Deputy DirectorFabrizio Perri | Monetary Advisor & Deputy Director
February 25, 2026
Research
The Federal Reserve Bank of Minneapolis building and logo
Modeling the forces behind convenience yields—a step toward smarter liquidity regulationJeff Horwich | Senior Economics Writer
February 24, 2026
Article
The Federal Reserve Bank of Minneapolis building and logo
Fresh examination of money demand finds higher cost of inflationJeff Horwich | Senior Economics Writer
February 13, 2026
Article
The Federal Reserve Bank of Minneapolis building and logo
New measure: Tariffs twice as restrictive as popular estimatesJeff Horwich | Senior Economics Writer
February 9, 2026
Article
Staff Reports
A Macroeconomic Perspective on Stock Market Valuation RatiosAndrew Atkeson | ConsultantJonathan Heathcote | Monetary Advisor & Deputy DirectorFabrizio Perri | Monetary Advisor & Deputy Director
January 30, 2026
Research
Staff Reports
Monetary Policy and Sovereign Risk in Emerging Economies (NK-Default)Cristina Arellano | Assistant Director, Policy and Monetary Advisor

Yan Bai | University of Rochester, NBER, and CEPR

Gabriel Mihalache | Ohio State University

January 14, 2026
Research
The Federal Reserve Bank of Minneapolis building and logo
Investors seeking haven in U.S. assets drive currency rates, hamper global economic growthJeff Horwich | Senior Economics Writer
January 12, 2026
Article
Staff Reports
How Restrictive is U.S. Trade Policy?Michael E. Waugh | Monetary Advisor
January 9, 2026
Research