Working Paper
The Value of Piped Water and Sewers: Evidence from 19th Century Chicago
WP 25-07 – The value of land doubled when sewer and water lines were installed in 19th century Chicago. The aggregate increase in land values exceeded the cost of installing sewer and water by a factor of 60.
About
Presidential Search
15 Nov ’24
The Federal Reserve Bank of Philadelphia has initiated a nationwide search for its next President and CEO. Learn more about how we are ensuring an open, transparent, and inclusive search, get the latest information and news, and find out how you can be involved.
Mortgage Fairness Explorer
04 Feb ’25
The Mortgage Fairness Explorer is an online appendix to our working paper that allows users to visualize fairness trends in the U.S. mortgage market by state and year across competing and widely used definitions of fairness.
The Economy
A source for Philadelphia Fed research, data, and perspectives on labor markets and economic opportunity.
Aruoba-Diebold-Scotti Business Conditions Index
14 Feb ’25
An index designed to track real business conditions at high observation frequency
Working Paper
Who Remains Unbanked in the United States and Why?
WP 25-02 – This paper conducts a detailed exploration of the factors associated with unbanked status among U.S. households and how these relationships evolved between 2015 and 2019.
Speech
Economic Outlook
Global Interdependence Center Central Banking Series Conference | Nassau, Bahamas