Research in Focus — Two Fed economists and their coauthor design a new method for producing a digitized historical panel data set. Their test case is the adoption of vehicles in 20th century America.

Research in Focus — Can property insurance be too generous? Four economists look at the consequences of a program that promised outsized benefits.

WP 25-36 – The increasing net migration toward suburbs and small cities has been driven disproportionately by high-income people. As a result, housing expenses and employment vary by region, tempering the welfare inequality caused by remote work.