How Should the Fed Respond to the Highest Inflation in 40 Years?

In “The Gift of Moving: Intergenerational Consequences of a Mobility Shock,” Emi Nakamura, Josef Sigurdsson, and Jon Steinsson investigate the long-term benefits of moving to a different region.

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U.S. Inflation: Outlook and Policy Response

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‘To Move or Not to Move?’ How migration across regions generates greater economic benefits