US wealth inequality in 2022: A modest reversal at the top, persistent challenges below

The causes and consequences of income and wealth inequality are central concerns in economic research and policy discussions. This column presents findings from the 2022
Big news missing the big picture: Stock market performance in the news

The performance of stock markets often appears worse in the daily news than it actually is. This column argues that this negative news bias arises
The Fisherian debt (de)inflation channel and stock returns

The recent global rise in prices has renewed interest in the distributional effects of the Fisherian debt-inflation channel, and its impact on firms’ activities. This

