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Policy Hub leverages the expertise of Atlanta Fed economists and researchers to address issues of broad policy interest. Our research centers coordinate this work and seek to influence policy discussions. Areas of interest include: forecasting, fiscal policy, macroeconomics (Center for Quantitative Economic Research); financial stability, innovation and regulation (Center for Financial Innovation and Stability); human capital, labor markets, health, and education (Center for Human Capital Studies); and government-sponsored entity reform, mortgage markets, and affordable housing (Center for Housing & Policy).

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Related Publications

The views expressed are those of the authors, and do not necessarily reflect the position of the Federal Reserve Bank of Atlanta or the Federal Reserve System.

Oct 21, 2020

Remittances and COVID-19: A Tale of Two Countries

When the pandemic struck the United States, flows of remittances sent to Mexico and El Salvador went in sharply different directions: flows to Mexico rose, and flows to El Salvador dropped. This Policy Hub article looks at reasons behind the divergent remittance levels, including the role possibly played by the uncertain immigration status of migrants in the U.S. labor force.

Oct 08, 2020

Where There's Smoke...: The Wage Impact of Smoking

Like other decisions made early in life, the decision to start smoking can contribute significantly to outcomes much later. This Policy Hub article looks at the wage penalty smokers face, examines how the determination of that penalty differs by gender, and illustrates why early intervention anti-smoking campaigns are important for not only health but also because of smoking's long-term impact on wages.

Aug 10, 2020

Assisting Firms during a Crisis: Benefits and Costs

The COVID-19 pandemic triggered a sharp and sudden decline in global economic activity, and policymakers everywhere have struggled to implement the right financial programs to help firms. This Policy Hub article looks at the pros and cons of supporting firms.

Jul 13, 2020

Wage Growth over Unemployment Spells

Could the COVID-19 pandemic have enduring effects on people's long-term earnings? In this Policy Hub article, the authors suggest that the pandemic not only led to unprecedented job losses, it could also lead to sizable wage losses for a large fraction of unemployed people after they find new jobs.

Jun 25, 2020

Evaluating the Benefits of a Streamlined Refinance Program

This Policy Hub article examines the effects of a streamlined refinance program that would allow some borrowers to refinance without needing to document employment or income.

Jun 18, 2020

Measuring and Managing COVID-19 Model Risk

This Policy Hub article examines the role and importance of model risk management and how the resulting models can better inform decisions.

Jun 12, 2020

Mismatch of Jobs and People: Do Migration Constraints Put Racial Minorities at a Disadvantage?

This Policy Hub article examines the role that a reluctance or inability to relocate plays in the geographic mismatch of jobs and workers, noting a greater mismatch among racial minorities.

May 28, 2020

The Federal Reserve's Liquidity Backstops to the Municipal Bond Market during the COVID-19 Pandemic

This Policy Hub article provides initial evidence of the effectiveness of some of the Federal Reserve’s facilities in calming the municipal bond market after the COVID-19 pandemic struck.

May 14, 2020

Why Cash Transfers Are Good Policy in the COVID-19 Pandemic

This Policy Hub article finds that cash transfers mitigate the surge in consumption inequality triggered by the pandemic and provide liquidity-constrained workers with the financial resources to shelter at home.

Apr 17, 2020

Impacts of COVID-19: Mitigation Efforts versus Herd Immunity

With the spread of COVID-19, governments everywhere pursued lockdown policies. Now governments are developing plans to reopen the economy. What will be the public health consequences? The new issue of Policy Hub illustrates the difficulties in answering this question and how widespread testing can help.

Apr 09, 2020

Changes in State Unemployment Insurance Rules during the COVID-19 Outbreak in the U.S.

The COVID-19 pandemic led to an unprecedented expansion in unemployment insurance eligibility across states, but not all states responded in the same way. The new issue of Policy Hub summarizes the changes to states’ unemployment insurance rules in response to the crisis and looks at factors that have contributed to the variation in states’ responses.

Jan 17, 2020

Standing Repo Facilities, Then and Now

Should the Federal Open Market Committee set up a standing repo facility? The Bank of Amsterdam implemented such a similar facility in 1683. Policy Hub describes the Bank of Amsterdam’s facility and what lessons it offers today’s central banks.