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

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Staff Reports
Sweat Equity in U.S. Private Business
Anmol Bhandari | Visiting Scholar Ellen R. McGrattan | Consultant
January 5, 2021
Research
Working Papers
A Ramsey Theory of Financial Distortions
Marco Bassetto | Monetary Advisor Wei Cui | University College London and Centre for Macroeconomics
December 23, 2020
Research
Staff Reports
Credit Frictions in the Great Recession
Patrick J. Kehoe | Monetary Advisor Pierlauro Lopez | Federal Reserve Bank of Cleveland Virgiliu Midrigan | New York University Elena Pastorino | Visiting Scholar
December 15, 2020
Research
Working Papers
Two Illustrations of the Quantity Theory of Money Reloaded
Mariano Kulish | University of Sydney Juan Pablo Nicolini | Senior Research Economist and Universidad Torcuato Di Tella Han Gao | Research Analyst
December 15, 2020
Research
Staff Reports
Sovereign Default Risk and Firm Heterogeneity
Cristina Arellano | Assistant Director, Policy and Monetary Advisor Yan Bai | University of Rochester and NBER Luigi Bocola | Stanford University and NBER
December 8, 2020
Research
Staff Reports
Economic Benefits of COVID-19 Screening Tests
Andrew Atkeson | Consultant Michael Droste | Harvard University Michael J. Mina | Harvard University James H. Stock | Harvard University
November 9, 2020
Research
Staff Reports
How Should Tax Progressivity Respond to Rising Income Inequality?
Jonathan Heathcote | Monetary Advisor Kjetil Storesletten | University of Oslo and CEPR Giovanni L. Violante | Princeton University, CEBI, CEPR, IFS, IZA, and NBER
October 19, 2020
Research
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A history of excess, crises, and stagnation
Douglas Clement | Managing Editor
October 15, 2020
Article
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How to save lives and protect jobs in a deadly pandemic
Douglas Clement | Managing Editor
October 13, 2020
Article
Staff Reports
Understanding 100 Years of the Evolution of Top Wealth Shares in the U.S.: What is the Role of Family Firms?
Andrew Atkeson | Consultant Magnus Irie | London School of Economics
August 21, 2020
Research
Staff Reports
Lessons from the Monetary and Fiscal History of Latin America
Carlos Esquivel | Rutgers University Timothy J. Kehoe | Consultant, University of Minnesota, and National Bureau of Economic Research Juan Pablo Nicolini | Senior Research Economist and Universidad Torcuato Di Tella
July 27, 2020
Research
Staff Reports
A Framework for Studying the Monetary and Fiscal History of Latin America, 1960–2017
Timothy J. Kehoe | Consultant, University of Minnesota, and National Bureau of Economic Research Juan Pablo Nicolini | Senior Research Economist and Universidad Torcuato Di Tella Thomas J. Sargent | New York University and Hoover Institution
July 21, 2020
Research