Policy & Blogposts

St. Louis Fed Publications

1. Tracking the Shift from Mortgage Refinancings to HELOCs, Federal Reserve Bank of St. Louis On the Economy Blog, June 2, 2026 (with Juan M. Sánchez)

2. Rising Capital Expenditures and Declining Cash Holdings during the AI Boom, Federal Reserve Bank of St. Louis FRED Blog, May 18, 2026 (with Juan M. Sánchez)

3. Financial Distress: Why It Matters for Households and the Macroeconomy, Federal Reserve Bank of St. Louis Open Vault Blog, March 25, 2026

4. Financing R&D Spending: The Role of Corporate Cash Holdings, Federal Reserve Bank of St. Louis On the Economy Blog, March 12, 2026 (with Juan M. Sánchez)

5. Analyzing Japan’s $550 Billion Pledge to Invest in the U.S., Federal Reserve Bank of St. Louis On the Economy Blog, November 24, 2025 (with YiLi Chien)

6. The Broad, Continuing Rise in Delinquent U.S. Credit Card Debt Revisited, Federal Reserve Bank of St. Louis On the Economy Blog, May 9, 2025 (with Juan M. Sánchez)

    Media Coverage: New York Times, Bloomberg

7. Do Delinquency Rates Anticipate Recessions?, Federal Reserve Bank of St. Louis FRED Blog, March 31, 2025 (with Juan M. Sánchez)

8. Cryptocurrency Ownership among U.S. Households, Federal Reserve Bank of St. Louis On the Economy Blog, March 11, 2025 (with Juan M. Sánchez)

9. Real-Time Insights into Consumption Growth Inequality since the Onset of COVID-19, Federal Reserve Bank of St. Louis On the Economy Blog, Dec. 3, 2024 (with Juan M. Sánchez)

10. Uneven Consumption Growth in the COVID-19 Economic Recovery, Federal Reserve Bank of St. Louis Economic Synopsis, June 28, 2024 (with Juan M. Sánchez)

11. Understanding the Recent Evolution of Auto Loans by Income Level, Federal Reserve Bank of St. Louis Economic Synopsis, May 30, 2024 (with Juan M. Sánchez)

12. The Broad, Continuing Rise in U.S. Credit Card Debt Delinquency, Federal Reserve Bank of St. Louis On the Economy Blog, May 14, 2024 (with Juan M. Sánchez)

    Media Coverage: The Economist

13. Household Net Worth, “Excess Savings,” and Inflation Since the Pandemic, Federal Reserve Bank of St. Louis FRED Blog, February 12, 2024 (with Juan M. Sánchez)

14. Share of Americans in Financial Distress Reaches High Levels, Federal Reserve Bank of St. Louis On the Economy Blog, December 26, 2023 (with Juan M. Sánchez)

15. What Drove the Growth in Credit Scores during the COVID-19 Pandemic, Federal Reserve Bank of St. Louis On the Economy Blog, December 19, 2023 (with Juan M. Sánchez)

16. The Role of Credit Scores in the Recent Rise in Credit Card Delinquency, Federal Reserve Bank of St. Louis Economic Synopsis, September 18, 2023 (with Juan M. Sánchez)

Interview (in Japanese)

1. 「Covid-19と経済活動」プロジェクトを支えるチーム, 経済セミナー編集部, July 30, 2021