Peter Ganong on the Dynamism and Resiliency of the US Economy
Macro Musings with David Beckworth
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Study the World, Not the Bank
The JP Morgan Chase Institute, to be clear as the name of the think tank, runs, is study the world, not the bank. And you collect data from checking accounts, transactions, explain to us this data so that you've built. So just to give you two concrete examples, we can see if you have a mortgage in distress and say, well, what happened to your household's income in the 12 months leading up to that? We can also see households get unemployment insurance payments. That's really important because originally in my dissertation, we studied how households choose their spending behavior during unemployment.
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