JPMorgan & Chase
United States 
12 Sep BirthAmerican multinational investment bank and financial services holding company headquartered in NY.
United States 12 Sep Birth
Balancing accessibility and fraud prevention in housing assistance
April 2021 A central question for any government assistance program is how to reach the people who need help as quickly as possible while also making sure that those who receive help actually needed it? Studies show mortgage forbearance programs that require no documentation were largely utilized as
Renters vs. Homeowners
March 2021 Introduction The COVID-19 recession hit the lowest-paid sectors of the economy the hardest, resulting in lower-income Americans losing their jobs and income at higher rates.1,2,3 Renters, who tend to have lower incomes than homeowners, are more likely to have been impacted negatively by t
Small business ownership and liquid wealth
March 2021 Small business ownership is commonly thought to not only be a vehicle for financial stability and wealth building, but also a way to close the racial wealth gap. Small businesses are known to be a key component of the small business owner’s financial wellbeing (Gentry and Hubbard 2004), b
The First 100 Days and Beyond
February 2021 The COVID-19 pandemic has caused unprecedented health and economic consequences. Existing structural barriers in the U.S., made worse by the current crisis, have created profound racial inequalities — straining families’ economic mobility and restricting the U.S. economy. As decision-m
Unemployment insurance, job search, and spending during the pandemic
February 2021 Congress enacted a $600-per-week unemployment insurance (UI) supplement beginning in April 2020, resulting in jobless benefits which exceeded earnings for the typical jobless worker through the end of July 2020. Critics of the policy have suggested that the $600 supplement may have dis
The Paycheck Protection Program
January 2021 The COVID-19 pandemic has profoundly affected life as we knew it in the U.S. Small businesses may have been particularly vulnerable: the typical small business pre-pandemic had cash reserves to cover 15 days of outflows in the event of a total disruption in revenues. After the national
The Stock Market and Household Financial Behavior
January 2021 For this JPMorgan Chase Institute report, we analyze granular administrative retail bank data to explore the relationship between the U.S. stock market and consumer behavior, notably consumption and investment. Our research provides a historical perspective that can help policymakers un
Household Cash Balances during COVID-19: A Distributional Perspective
December 2020 Months after the declaration of national emergency on March 13, 2020, the COVID-19 pandemic continues to impact the economy and household finances in dramatic and unprecedented ways. Household spending, which initially fell sharply during the shutdowns in March and April (Cox et al, 20
The New Year’s Cliff: How the Expiration of Unemployment Benefits Will Affect Families
December 2020 On December 31, 9.4 million individuals are expected to lose unemployment insurance (UI) benefits in the absence of new federal legislation. The majority—9 million individuals, primarily non-traditional workers such as self-employed and gig economy workers—are currently receiving Pande
Racial Gaps in Financial Outcomes
April 2020 Even amidst strong macroeconomic conditions, families experience high levels of income volatility that have important implications for well-being. Previous JPMorgan Chase Institute research has shown that families cut consumption on everyday necessities when they experience job loss, and
Data Dialogue: The Economic Impacts of COVID-19 on Small Business
May 2020 On May 13, 2020, the JPMorgan Chase Institute held a virtual panel discussion on the economic impacts of COVID-19 on U.S. small businesses. The Data Dialogue convened experts from the National Federation of Independent Business (NFIB), Harvard Business School, and Accion to discuss how smal
Data and Collaboration for Good
July 2019 Opening Plenary on Financial Health Outcomes within Cities and Local Communities. From left: Marvin Ward (JPMorgan Chase Institute), Norton Francis (DC Office of the CFO), Rachel Meltzer (The New School), Dory Rand (Woodstock Institute), Tina Plerhoples-Stacy (Urban Institute) The growth o
Data Dialogue: National Urban League, PolicyLink, and the Joint Center for Political and Economic Studies Discuss Racial, Economic, and Social Equity
June 2020 On June 3, 2020, the JPMorgan Chase Institute hosted a Data Dialogue to discuss racial gaps in financial outcomes, particularly in light of the disproportionate impacts of COVID-19 on communities of color, and ways to promote racial justice and a more inclusive economy. The virtual discuss
Shopping Near and Far: Local Commerce in the Digital Age
December 2018 In 2016 the metropolitan share of US Gross Domestic Product was nearly 90 percent. Given the large share of economic output from metropolitan areas it is critical for stakeholders, researchers, and policymakers to have granular, high-frequency economic measurement and analyses at the m
Pull-up Update
