We use cookies on our website to give you the best online experience. Please know that if you continue to browse on our site, you agree to this use. You can always block or disable cookies using your browser settings. To find out more, please review our privacy policy.

Policy Hub provides two forums that draw on the expertise of Atlanta Fed economists and researchers to address issues of broad policy interest: Macroblog and Policy Hub Papers.

Policy Hub articles that are reprints or revisions of papers published elsewhere may not be reprinted without the written permission of the original publisher. All other Policy Hub articles may be reprinted without charge. If you reprint an article, please fully credit the Federal Reserve Bank of Atlanta as well as Policy Hub. For more information, read our disclaimer and terms of use.

In December 2020, our Real Estate Research blog and Notes from the Vault column became part of Policy Hub.

Policy Hub: Macroblog

Policy Hub: Macroblog provides concise commentary and analysis on economic topics by staff economists and analysts for a broad audience.

May 25, 2023

Credit Conditions Are Tightening. Are Firms Feeling the Pinch?

Recent bank failures have raised fears of a broad credit crunch. But do such fears have a sound basis? A Policy Hub: Macroblog post looks at recent survey data to take the pulse of firms and how they view conditions.

Apr 21, 2023

Retirement and Its Impact on Labor Supply

Rising retirement numbers are reverberating through the labor force in the wake of the pandemic. A Policy Hub: Macroblog post examines how an aging workforce has affected the supply of labor—and what impact it might yet have.

Feb 14, 2023

Real Wage Growth: A View from the Wage Growth Tracker

Although wages have generally been rising, not everyone has experienced these changes in the same way. A Policy Hub: Macroblog post looks at wage trends through the prism of the Atlanta Fed's Wage Growth Tracker.

Feb 09, 2023

Population Control Adjustment's Impact on Labor Force Data: The 2023 Edition

Ongoing revisions to how we view the labor force in the context of the overall US population have led to data changes—some major, some minor. A Policy Hub: Macroblog post examines these adjustments and changes they might bring.

Jan 09, 2023

The Wage Growth Tracker with Rounded Wage Data: The Final Plan

The US Census Bureau has unveiled its long-awaited plan for changes in how it reports some data in the Current Population Survey, including the important wage data. A Policy Hub: Macroblog post explores what the changes mean for the Atlanta Fed's Wage Growth Tracker.

Policy Hub Papers

Policy Hub Papers feature more detailed analyses of economic topics by staff economists and researchers for both academic and nonacademic audiences.

May 15, 2023

An Introduction to Web3 with Implications for Financial Services

Web3 describes the next iteration of the internet in which decentralized services replace large, centralized firms. This Policy Hub article discusses the potential for Web3 to reduce the costs of providing services and facilitate innovation.

Feb 27, 2023

Transmission of Sovereign Risk to Bank Lending

Examining the relationship between sovereign risk and bank lending, the authors of this Policy Hub article find that for banks with higher exposure to government securities, a higher sovereign default risk implies lower net worth and tightening financial constraint, which lead to lower credit provision.

Jan 11, 2023

How US Consumers without Bank Accounts Make Payments

People without a bank account face challenges when paying for goods or services. This Policy Hub article uses survey data to look at their participation in the payments system and why some people remain unbanked.

Oct 18, 2022

Decentralized Finance (DeFi): Transformative Potential and Associated Risks

Decentralized finance, or DeFi—financial products and services that operate on decentralized platforms using blockchains—has the potential to reshape finance. But it also holds considerable risk. This Policy Hub article examines the emerging innovation.

Oct 06, 2022

Aging, Deflation, and Secular Stagnation

This Policy Hub article looks at the aging of the population and explores whether it will weigh on future prices, interest rates, and output growth.