Fed: Economic Diversity and the Resilience of Cities
December 23, 2025
December 23, 2025
WASHINGTON, Dec. 23 (TNSRep) -- The Federal Reserve issued the following white paper (No. 2025-1426) in December 2025 by Francois de Soyres, Simon Fuchs, Illenin O. Kondo, and Helene Maghin entitled "Economic Diversity and the Resilience of Cities".
Here are excerpts:
* * *
We develop a framework to assess how economic shocks affect local labor markets and worker welfare, with a focus on city-level economic diversity. Using detailed worker flow d . . .
Here are excerpts:
* * *
We develop a framework to assess how economic shocks affect local labor markets and worker welfare, with a focus on city-level economic diversity. Using detailed worker flow d . . .
