The Federal Reserve's mission and regional structure ask that it always work to better understand local and regional economic activity. This requires gauging the economic impact of localized events, including natural disasters. Despite the economic significance of natural disasters—flowing often from their human toll—there are currently no publicly available data on the damages they cause in the United States at the county level.| Liberty Street Economics
Aradillas Fernandez, Hiti, and Sarkar provide a quantitative assessment of systemic risk in the nonbank financial sector.| Liberty Street Economics
The authors consider the systemic implications of the observed build-up of bank-NBFI connections associated with the growth of NBFIs.| Liberty Street Economics