MINNEAPOLIS, Minnesota, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute issued the following white paper (No. 117) on October 31, 2025, by Joseph Mullins entitled "Designing Cash Transfers in the Presence of Children's Human Capital Formation". Here are excerpts: * * * This paper finds that accounting for the human capital development of children has a quantitatively large effect on the true costs and benefits of providing cash assistanc  more

MINNEAPOLIS, Minnesota, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute issued the following white paper (No. 116) on October 31, 2025, by David Card, Jesse Rothstein, and Moises Yi entitled "Re-assessing the Spatial Mismatch Hypothesis". Here are excerpts: * * * We use detailed location information from the Longitudinal Employer-Household Dynamics (LEHD) database to develop new evidence on the effects of spatial mismatch on the relative  more

MINNEAPOLIS, Minnesota, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute issued the following white paper (No. 25) on October 30, 2025, by Fabian Eckert, Sharat Ganapati, and Conor Walsh entitled "Urban-Biased Growth: A Macroeconomic Analysis". Here are excerpts: * * * Since 1980, US wage growth has been concentrated in high-density locations, nearly doubling the wage-density elasticity across cities. We show that this urban-biased growth  more

MINNEAPOLIS, Minnesota, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research white paper (No. 809) on October 31, 2025, by Doireann Fitzgerald entitled "3-D Gains from Trade". Here is the abstract: * * * I quantify gains from trade in a multi-country dynamic stochastic environment, including contributions from trade across states of the world and over time, as well as from trade within dates and states (3-D gains). For developing countries, which   more

MINNEAPOLIS, Minnesota, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis issued the following Economic Research report (No. 676) on October 15, 2025, by Luca Benati and Juan Pablo Nicolini entitled "Online Appendix for: The Welfare Costs of Inflation Reconsidered." Here are excerpts: * * * C The Data This appendix presents a detailed description of the dataset. All data are from official sources-- that is, either central banks or national statistical agencies. C.1 United States   more

WASHINGTON, Nov. 7 -- Sen. Bernie Moreno, R-Ohio, issued the following news release: * * * Moreno Seeks Updates from DOJ on Obama-Era Cleveland Consent Decree * WASHINGTON - Today, Senator Bernie Moreno (R-Ohio) penned a letter to Attorney General Pam Bondi requesting an update on the Department of Justice's (DOJ) reexamination of Obama-era consent decrees, including the City of Cleveland's. "President Trump and the Department of Justice are finally freeing police departments nationwide fr  more