Thursday - December 25, 2025
Fed: Economic Diversity and the Resilience of Cities
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:

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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 . . .

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