by Liberty Street Economics | Feb 12, 2024 | alerts, Markets/Economy
A commonly used measure of market liquidity is market depth, which refers to the quantity of securities market participants are willing to buy or sell at particular prices. The market depth of U.S. Treasury securities, in particular, is assessed in many analyses of...
by Liberty Street Economics | Feb 7, 2024 | alerts, Markets/Economy
Following our post on racial and ethnic wealth gaps, here we turn to the distribution of wealth across age groups, focusing on how the picture has changed since the beginning of the pandemic. As of 2019, individuals under 40 years old held just 4.9 percent of total...
by Liberty Street Economics | Feb 7, 2024 | alerts, Markets/Economy
Wealth is unevenly distributed across racial and ethnic groups in the United States. In this first post in a two-part series on wealth inequality, we use the Distributional Financial Accounts (DFA) to document these disparities between Black, Hispanic, and white...
by Liberty Street Economics | Feb 6, 2024 | alerts, Markets/Economy
The New York Fed’s Center for Microeconomic Data released the Quarterly Report on Household Debt and Credit for the fourth quarter of 2023 this morning. Household debt balances grew by $212 billion over the last quarter. Although there was growth across most loan...
by Liberty Street Economics | Jan 18, 2024 | alerts, Markets/Economy
Natalia Emanuel, Emma Harrington, and Amanda Pallais Firms remain divided about the value of the office for “office” workers. Some firms think that their employees are more productive when working from home. Others believe that the office is a key place for investing...
