Access to credit. Workforce development. The impact of regional differences on economic outcomes.
Learn about these and other issues the Richmond Fed is exploring in this podcast. Hear from our economists and experts in community development and economic education.
Mary Ann Gilmer of Goodwill Industries of the Valleys discusses the nonprofit's training program for healthcare workers and the importance of this work in rural communities, especially during the COVID-19 pandemic.
Tom Barkin, president of the Federal Reserve Bank of Richmond, discusses the challenges and opportunities facing rural communities and smaller towns, and why the Richmond Fed has been working to address them.
Mark Bils of the University of Rochester and Niklas Engbom of New York University discuss their research on how easily labor is substituted or shifted between jobs and its implications for policies to bolster human capital.
John O'Trakoun discusses the factors that have increased the cost of single-family and multi-unit housing in recent months, as well as what shapes overall supply and demand for housing over the longer term.
Laura Ullrich and Urvi Neelakantan discuss trends in enrollment at community colleges and the role of these educational institutions in the economy.
Andy Bauer, Matt Martin and Renee Haltom reflect on the past year, sharing what they have learned from their contacts about the national and regional economies that they follow.
Parker Agelasto and Ebonie Alexander discuss how losses in property rights when they're transferred between generations can contribute to the creation and widening of wealth gaps.
Laura Ullrich and Sam Louis Taylor discuss the direct and indirect effects of federal aid to state and local governments during the COVID-19 pandemic.
Daniel Paul Davis and Andrew Dumont discuss an approach to economic development in rural communities that is detailed in a book they have edited, "Investing in Rural Prosperity."
Maia Linask and Tatyana Avilova share their career journeys in the field of economics and discuss what motivated them to organize the Diverse Economics Conference this November.
Felipe Schwartzman and Chen Yeh discuss their research on business cycles and what forces impact them on the individual and aggregate level.
Angela Wells discussed how Smart Beginnings Danville Pittsylvania prepares children in Southside Virginia for success in school and in life.
Deborah Markley discusses how community foundations support capacity building and development to improve the well being of rural communities.
Peter Dolkart discusses what is happening with renters in the Fifth District as state and national moratoriums on evictions wane and COVID-19 infections surge.
Duane Yoder, executive director of the Garrett County Community Action Committee, discusses how his organization adopted a holistic model for addressing poverty in rural communities.
Sonya Waddell and Andy Bauer discuss the history of telework and the future implications of alternative work arrangements in light of the COVID-19 pandemic.
Dave Clark discusses the role of Woodlands Development Group and his organization's community development financial institution in driving economic development in north central West Virginia.
Renee Haltom and John O'Trakoun explore recent wage inflation within the context of the short-term challenges of hiring workers in certain industries as well as longer term trends in income growth.
Thomas Lubik discusses why the government may decide to spend more than it takes in and the constraints that exist on deficit spending.
Thomas Lubik discusses whether the government should spend beyond its means in response to an economic shock, like the COVID-19 pandemic, or an emerging crisis, like climate change.
Mariacristina De Nardi of the University of Minnesota discusses her research on the effects of tax policy and Social Security benefits on women's labor supply.
Tim McGaha of Choptank Electric Cooperative offers his perspective on the company's program to bring broadband Internet to rural communities in Maryland.
This episode shares part of a 2019 presentation by Laura Ullrich about wage, income and wealth inequality, an issue that was brought into focus during the COVID-19 pandemic.
Nicolas Morales discusses his research and other work done on the interplay between immigrants and native-born workers in labor markets and how immigration can contribute to U.S. productivity.
Andy Bauer discusses West Virginia’s progress in recovering from the economic downturn during the COVID-19 pandemic. Bauer is a regional executive at the Baltimore branch of the Richmond Fed.
Alex Marré of the Richmond Fed and Anna Read from Pew Charitable Trusts discuss maximizing broadband resources and preview the Broadband Summit on June 8.
Laura Ullrich shares her insights on historically black colleges and universities and their role in workforce development and the economy in general. Ullrich has spoken to presidents and administrators at HBCUs throughout the Fifth District as part of her research on the higher education sector. She is a regional economist based at the Charlotte branch of the Federal Reserve Bank of Richmond.
Millions of Americans face diminished earnings and employment prospects years after they have spent time in prison. Grey Gordon and Urvi Neelakantan share their insights on this issue, which they have recently examined along with several colleagues at the Richmond Fed. Gordon is a senior economist and Neelakantan is senior policy economist.
John Bailey Jones discusses his work on medical spending of the elderly and other financial decisions that people make as they age. He also previews a conference on this topic that he is organizing in early May. Jones is vice president of microeconomic analysis at the Richmond Fed.
For Financial Literacy Month, two teachers in South Carolina discuss how they help high school students learn about economics and personal finance. Will Chappell is from Early College High School in Conway and Sarah Ostergaard teaches at Irmo High School in Columbia. They belong to the Teacher Collaborative Committee, which supports the Richmond Fed's development and delivery of economic and financial education resources and programs.
Hear the latest results of the CFO Survey and learn more about what makes the survey unique from three members of the team that produces it each quarter. Sonya Waddell is a vice president and economist at the Richmond Fed. She manages the Regional and Community Analysis team within the Research Department. Brent Meyer is a policy adviser and economist at the Federal Reserve Bank of Atlanta and leads the Bank's Economic Survey Research Center. John Graham is a finance professor at Duke University and is director of the CFO Survey.
Arantxa Jarque discusses the importance of having diverse voices represented at the Federal Reserve and in the economics profession in general. She also describes what stands in the way of diversity and how to address these barriers. Jarque is a senior policy economist at the Federal Reserve Bank of Richmond.
Three economists discuss how they have used high-frequency datasets to track the health of the economy during the COVID-19 pandemic — Marios Karabarbounis and Nicholas Trachter of the Richmond Fed and Adam Blandin of Virginia Commonwealth University. Karabarbounis and Trachter compile the Pandemic Pulse, while Blandin runs the Real Time Population Survey with Alexander Bick of Arizona State University.
Bernie Mazyck and Mark Fessler discuss the ongoing issues of renters being evicted at high numbers in certain parts of our country, as well as how the COVID-19 pandemic has threatened to make this problem worse. Mazyck is the founder, president and CEO of the South Carolina Association for Community Economic Development and is a member of the Richmond Fed's board of directors. Fessler is an attorney at South Carolina Legal Services who specializes in foreclosure and consumer law.
Andy Bauer provides an update on economic conditions in Maryland as the state recovers from the severe downturn caused by the COVID-19 pandemic. Bauer is vice president and regional executive for the Baltimore branch of the Federal Reserve Bank of Richmond.
Kartik Athreya, executive vice president and director of research, shares his experiences on the Back to Work Virginia Task Force, which was formed last April to develop policies and practices to strengthen the state's child care industry. Athreya also discusses the economic impact of unequal access to child care.
Ann Macheras offers her perspective on the state of the economy in the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, Virginia, most of West Virginia, North Carolina and South Carolina. Macheras is a group vice president at the Richmond Fed, with responsibility for microeconomics and research communications.
James Stock, a professor of political economy at Harvard University, discusses his research on the effects of carbon taxes in the European Union and its implications for enacting similar taxes in the United States. Stock presented this research at the Climate Change Economics conference organized by the Richmond Fed in November 2020.
Tiffany Hollin-Wright and Erika Bell provide an overview of the benefits cliff, which can occur when workers who receive public assistance from the government earn a raise and then discover they make too much money to continue receiving help. They also discuss how the Richmond Fed's Community Development team and its collaborators are addressing this challenge.
Sarah Gunn and David Bass discuss economic and financial literacy and the role of the Federal Reserve in educating teachers, students and the general public about these topics.
Matt Martin provides his take on this rather tumultuous year and how it has impacted economic conditions in North Carolina and South Carolina. Martin is vice president and regional executive based at the Richmond Fed's Charlotte office.
Alex Marré discusses the ongoing challenges of bringing broadband Internet service to everyone who needs it. Marre is a regional economist based at the Richmond Fed's branch office in Baltimore.
Toan Phan talks about his research on the effects of climate change on economic growth, the work of other researchers who have studied climate change economics, and the conference he is organizing on this important, multi-faceted topic. Phan is a senior economist in the Research Department of the Richmond Fed.
Santiago Pinto discusses the potential long-term consequences of disruptions to K-12 education as a result of spending cuts and school closings associated with the COVID-19 pandemic. Pinto is a senior policy economist in the Research Department of the Richmond Fed.
Renee Haltom shares what she has been hearing about Virginia's economy this year, especially in light of the COVID-19 pandemic.
Tiffany Hollin-Wright discusses the work being done by Community Development staff at the Richmond Fed and in the Federal Reserve to respond to current health and economic crises, in particular their disproportionate impact on communities of color.