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We serve the public by pursuing a growing economy and stable financial system that work for all of us.

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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 87 Articles

Staff Reports
Sweat Equity in U.S. Private Business
Anmol Bhandari | Visiting Scholar Ellen R. McGrattan | Consultant
December 9, 2019
Research
Staff Reports
Sovereign Default Risk and Firm Heterogeneity
Cristina Arellano | Assistant Director, Policy and Monetary Advisor Yan Bai Luigi Bocola
July 23, 2019
Research
The Federal Reserve Bank of Minneapolis building and logo
Partial Default
Cristina Arellano | Assistant Director, Policy and Monetary Advisor Xavier Mateos-Planas | Queen Mary University of London, Centre for Macroeconomics José-Víctor Ríos-Rull
July 9, 2019
Research
Staff Reports
On Financing Retirement, Health Care, and Long-Term Care in Japan
Ellen R. McGrattan | Consultant Kazuaki Miyachi | Asia Pacific Department, International Monetary Fund Adrian Peralta-Alva
June 28, 2019
Research
Working Papers
The Macroeconomics of the Greek Depression
Gabriel Chodorow-Reich | Harvard University Loukas Karabarbounis | Consultant Rohan Kekre | University of Chicago Booth School of Business
June 28, 2019
Research
Staff Reports
Slow Convergence in Economies with Organization Capital
Erzo G.J. Luttmer | Visiting Scholar
June 26, 2019
Research
Staff Reports
International Evidence on Long-Run Money Demand
Luca Benati | University of Bern Robert E. Lucas, Jr. | University of Chicago Juan Pablo Nicolini | Senior Research Economist Warren E. Weber | University of South Carolina, Bank of Canada, Federal Reserve Bank of Atlanta
June 18, 2019
Research
Staff Reports
Implications of Increasing College Attainment for Aging in General Equilibrium
Juan Carlos Conesa | Stony Brook University Timothy J. Kehoe | Consultant Vegard M. Nygaard | Research Analyst Gajendran Raveendranathan | McMaster University
June 18, 2019
Research
Staff Reports
Real Exchange Rates and Primary Commodity Prices
Joao Ayres | Inter-American Development Bank Constantino Hevia | Universidad Torcuato Di Tella Juan Pablo Nicolini | Senior Research Economist
May 9, 2019
Research
Staff Reports
Karl Brunner's Contributions to the Theory of the Money Supply
Juan Pablo Nicolini | Senior Research Economist
April 23, 2019
Research
Working Papers
Self-Fulfilling Debt Crises with Long Stagnations
Joao Ayres | Inter-American Development Bank Gaston Navarro | Federal Reserve Board Juan Pablo Nicolini | Senior Research Economist Pedro Teles | Banco de Portugal, Catolica Lisbon SBE, and CEPR
April 18, 2019
Research
Working Papers
Inferring Inequality with Home Production
Job Boerma | Research Analyst Loukas Karabarbounis | Consultant
February 26, 2019
Research