November 18, 2024 CORRA Advisory Group Meeting (November 18, 2024) Content Type(s): Meetings Source(s): CORRA Advisory Group
Seasonal Adjustment of Weekly Data Staff Discussion Paper 2024-17 Jeffrey Mollins, Rachit Lumb The industry standard for seasonally adjusting data, X-13ARIMA-SEATS, is not suitable for high-frequency data. We summarize and assess several of the most popular seasonal adjustment methods for weekly data given the increased availability and promise of non-traditional data at higher frequencies. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Econometric and statistical methods JEL Code(s): C, C1, C4, C5, C52, C8, E, E0, E01, E2, E21
November 15, 2024 Quarterly Financial Report - Third Quarter 2024 Quarterly Financial Report - Third Quarter 2024 - For the period ended September 30, 2024, unaudited Content Type(s): Publications, Quarterly Financial Report
How Do Households Respond to Expected Inflation? An Investigation of Transmission Mechanisms Staff Working Paper 2024-44 Janet Hua Jiang, Rupal Kamdar, Kelin Lu, Daniela Puzzello We conduct surveys to study how consumer spending responds to higher inflation expectations. Most respondents spend the same, sticking to fixed budget plans or not considering inflation for spending decisions. About 20% decrease spending because they feel poorer and cut spending to invest in inflation-proof assets. Very few increase spending. Content Type(s): Staff research, Staff working papers Research Topic(s): Central bank research, Inflation and prices, Inflation targets, Monetary policy, Monetary policy transmission JEL Code(s): D, D1, D15, D8, D84, E, E2, E5, E52, E7
Gender Gaps in Time Use and Entrepreneurship Staff Working Paper 2024-43 Pedro Bento, Lin Shao, Faisal Sohail The prevalence of entrepreneurs, particularly low-productivity non-employers, declines as economies develop. This decline is more pronounced for women. Relative to men, women are more likely to be entrepreneurs in poor economies but less likely in rich economies. Content Type(s): Staff research, Staff working papers Research Topic(s): Firm dynamics, Productivity JEL Code(s): J, J2, L, L2, O, O1