A look at how well-managed firms can increase the aggregate productivity of poorly managed plants by acquiring them and improving their management practices.| Liberty Street Economics
A recent New York–Northern New Jersey business survey finds that most businesses passed on at least some of recent higher tariffs to their customers.| Liberty Street Economics
Nonbank financial institutions (NBFIs) constitute a variety of entities—fintech companies, mutual funds, hedge funds, insurance companies, private debt providers, special purpose vehicles, among others—that have become important providers of financial intermediation services worldwide. But what is the essence of nonbank financial intermediation? Does it have any inherent advantages, and how does it interact with that performed by banks? In this Liberty Street Economics post, which is base...| Liberty Street Economics
An analysis of data related to decentralized finance (DeFi), used to explore how access to private transactions affects a block builder’s share of profits.| Liberty Street Economics