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COVID-19 RESOURCES AND INFORMATION: See the Atlanta Fed's list of publications, information, and resources; listen to our Pandemic Response webinar series.

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, content from our Real Estate Research blog and Notes from the Vault column will become 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.

Nov 12, 2020

A Dashboard Approach to Monitoring Underlying Inflation

With its numerous variables, monitoring inflation can be a bafflingly complex and sometimes opaque exercise. A macroblog post looks at a new Atlanta Fed tool that allows you to view inflation's behavior in a novel way.

Nov 09, 2020

The Importance of Digital Payments to Financial Inclusion

As payments become increasingly digital, moving the unbanked and underbanked into the formal payments system takes on greater importance. A new macroblog post discusses recent Atlanta Fed research into the challenges associated with this kind of transition.

Oct 22, 2020

COVID, Election Uncertainty Weigh Heavily on Firms' Outlook

COVID-19 and the upcoming elections are in everyone's thoughts, so it’s not surprising to learn that they're shaping the outlook among firms. A new macroblog post discusses recent results from the Survey of Business Uncertainty.

Oct 07, 2020

Two Quite Different Paths for U.S. Unemployment

Some divergent layoff trends in the recovery of labor markets are becoming apparent. A new macroblog post looks at recent data to interpret these trends.

Oct 01, 2020

Post-COVID Recovery? Not So Fast, My Friend

Will the recovery from the COVID slowdown be a sprint, a marathon, or somewhere in between? A new macroblog post discusses results from a recent Survey of Business Uncertainty to view firms' expectations.

Policy Hub Papers

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

Jan 12, 2021

Consumer Behavior in a Health Crisis: What Happened with Cash?

When the coronavirus pandemic began in the United States, caseloads and currency in circulation both surged. Did consumer choice play a role in the increase in currency in circulation? This Policy Hub article uses survey data to explore consumer behavior around cash holdings and payments.

Dec 22, 2020

Model Uncertainty and Policy Design

When doubts about the probability model of uncertainty exist, challenges to the design of optimal policy emerge. This Policy Hub article examines the policymaker's management of the public's pessimistic expectations and the implications of this idea.

Dec 21, 2020

The CARES Act Unemployment Insurance Program during the COVID-19 Pandemic

How do increased unemployment benefits (through the CARES Act) interact with COVID infection risk and lockdown policy, and how much do they increase unemployment and reduce infection? This Policy Hub article gives an overview of recent Bank research that addresses these questions.

Dec 18, 2020

Central Banks, Global Shocks, and Local Crises: Lessons from the Atlanta Fed's Response to the 1920–21 Recession

A devastating collapse in the price of cotton in 1920 led the Atlanta Fed to undertake policies to ameliorate the effects of the collapse. This Policy Hub article examines the ensuing contentious policy debate and its lasting impact on Federal Reserve policy making.

Dec 04, 2020

COVID-19 International Evidence: Some Notable Puzzles

The impact of COVID-19 ranged widely across the globe, in ways that were sometimes unexpected. Why were some regions pummeled while others emerged relatively unscathed? This Policy Hub article examines some theories for the disparate outcomes.